Std.

XII:Commerce

BOARDQUESTIONPAPER:MARCH2017
Time:3Hours Max.Marks:80
Note:
(1) Allquestionsarecompulsory.
(2) Figurestotherightindicatefullmarksforthequestions.
(3) Figurestotheleftindicatequestionnumbers.
(4) Answertoeveryquestionmustbestartedonanewpage.

Q.1. (A) Selecttheproperoptionfromtheoptionsgivenbelowandrewritethesentences: (5)[15]

(1) TheKartainaJointHindufamilybusinesshas_______liability.
(a) unlimited (b) limited (c) joint

(2) Perishablegoodsarestoredin_______.
(a) bondedwarehouses (b) dutypaidwarehouses (c) coldstoragewarehouses

(3) Theprocessofcontractingabusinessfunctiontosomeoneelseiscalledas_______.
(a) ebusiness (b) outsourcing (c) trading

(4) Businessmenare_______ofthesociety.
(a) representatives (b) members (c) trustees

(5) Governmenthasestablished_______tosettleconsumersdisputesbycompromise.
(a) LokAdalat (b) DistrictForum (c) SupremeCourt
(B) Matchthecorrectpairs: (5)

GroupA GroupB
1. Cooperativesociety a. Manager
2. F.W.Taylor b. 12hoursservice
3. Directingfunction c. Onememberonevote
4. A.T.M. d. Governmentowned
5. Railtransport e. Fatherofscientificmanagement
f. 24hourservice
g. Ownedbyprivatecompanies
h. Fatherofmodernmanagement
i. Maximumbusinesssecrecy
j. Worker
(C)
Writeawordoraphraseortermwhichcansubstitutethefollowingstatements: (5)
(1)
Apartnerwhogiveshisnametoapartnershipfirm.
(2)
Gettingproductsofbetterqualityisthebasicrightofthisgroupofsociety.
(3)
Aconsumerdisputeredressalagencythathandlesclaimsuptorupeestwentylakhs.
(4)
Theprincipleofmanagementwhichadvocatesthatworkshouldbedividedintosmall
subparts.
(5) Oneofthefunctionsofthemanagementisconsideredasabaseforallfunctions.
Q.2. Distinguishbetweenthefollowing:(Anythree) [15]
(1) SoletradingconcernandPartnershipfirm.
(2) SavingsaccountandFixeddepositaccount.
(3) DistrictForumandNationalCommission.
(4) OrganisingandDirecting.
(5) CooperativesocietyandJointHindufamilyfirm.
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Q.3. Writeshortnotesonthefollowing:(Anythree) [15]
(1) Disadvantagesofebusiness.
(2) Anyfiveprinciplesofmanagement.
(3) Typesofpartners.
(4) Importanceofstaffing.
(5) Roleoftransport.

Q.4. Statewithreasons,whetherthefollowingstatementsareTrueorFalse:(Anythree)
[15]
(1) Maximisationofprofitistheobjectofacooperativesociety.
(2) ebusinessmeansusingtheinternettoconnectpeopleandprocesses.
(3) Businessorganizationshavevarioustypesofsocialresponsibilities.
(4) ConsumerProtectionActisnotablessingfortheconsumers.
(5) Principlesofmanagementimprovetheefficiencyofemployees.
Q.5. Attemptthefollowingquestions:(Anytwo) [10]
(1) Statethesocialresponsibilitiesofabusinesstowardsconsumers.
(2) StatethecharacteristicsofEntrepreneurship.
(3) Statetheimportanceofcontrolling.
(4) Statetherightsofconsumers.
Q.6. DefineJointStockCompanyandexplainitsfeatures. [10]
OR
DefineFireInsurance.Explainthevarioustypesoffireinsurancepolicy.

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