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Business Studies · 2026 · 4 marks
CBSE 2026 · Region 5 · Set 3 · Q26
(a) State any four features of demonetisation.
(a)
State any four features of demonetisation.
OR
(b)
State any four functions performed by middle level managers.
Marking-scheme solution
Features of demonetisation:
(i)
Demonetisation is a tax administration measure as it requires declaration
of unaccounted wealth and payment of taxes at a penalty rate.
(ii)
It is interpreted as a shift on the part of the government that tax evasion
will no longer be tolerated or accepted.
(iii)
It leads to tax administration channelizing savings into the formal
financial system.
(iv)
It aims to create a less-cash or cash-lite economy by channeling more
savings through the formal financial system and improving tax
compliance.
OR
Q. (b) State any four functions performed by middle level managers.
Functions performed by middle level managers:
(i)
They interpret the policies framed by top management.
(ii)
They ensure that their department has the necessary personnel.
(iii)
They assign necessary duties and responsibilities to personnel in their
department.
(iv)
They motivate people in their department to achieve desired
objectives.
(v)
They cooperate with other departments for smooth functioning of the
organisation.
(vi)
They implement and control plans and strategies developed by top
management.
(vii)
They are responsible for all the activities of first line managers.
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CBSE Class 12 Business Studies past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.