Summary

• Description:

  The MS Word document comprises Grade 10 Business Studies Mid Term 2 2026 Exam with Marking Scheme. The PDF version is also available upon your request. The marking scheme is in a different document.

  This exam evaluates Grade 10 Business Studies learners on money and its functions, entrepreneurship, budgeting, banking, and production — building the commercial literacy and financial awareness required under the KCBE Senior School curriculum.

  • Month Administered: June 2026
  • Duration: 2 Hours
  • Total Marks: 80 (Section A: 30 marks; Section B: 50 marks)
  • Number of Questions: 18 questions (Questions 1–13 in Section A; Questions 14–18 in Section B)
  • Structure:
    • Section A (30 marks) — Short-answer questions; all compulsory
    • Section B (50 marks) — Structured/extended-response questions; all compulsory

  It covers the following topics:

  • Section A
    • Kenyan currency — security features and functions of money
    • Functions of money in transactions — medium of exchange, store of value, unit of account
    • Demand and supply of money — factors influencing each
    • Business ethics — unethical practices and ethical standards in trade
    • Entrepreneurship — definition, characteristics of a good entrepreneur
    • Sources of business ideas
    • Types of entrepreneurs
    • Business incubation — support for startups
    • Financial goal-setting for businesses
    • Business budgeting — preparation of a trader's budget
    • Banking services — types of accounts and bank functions
  • Section B
    • Security features of Kenyan currency notes — analysis of authentic vs. counterfeit notes
    • Entrepreneurship — sources of business ideas and business incubation benefits
    • Business budgeting — calculating total budget, types of budgets, importance and steps
    • Banking — types of accounts, functions of banks, unethical banking practices, modern banking trends in Kenya
    • Production — factors of production, types of costs, division of labour, responsibilities of producers and consumers
• Category:

  Exams
• Level:

  Grade 10
• Subject:

  BUSINESS STUDIES

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