Std. XII : Commerce

BOARD QUESTION PAPER : MARCH 2016

Time: 3 Hours Max. Marks: 80

Note:

(1) All questions are compulsory. (2) Figures to the right indicate full marks for the questions. (3) Figures to the left indicate question numbers. (4) Answer to every question must be started on a new page.

Q.1. (A) Select the proper option from the possible options given below and rewrite the

completed statements: (5)[15] (1) The maximum number of partners for a firm carrying on banking business is _______.

(a) 10 (b) 20 (c) 7

(2) Door-to-door service is offered by _______ transport. (a) Rail (b) Road (c) Air

(3) Business organization is a part of _______.

(a) Industry (b) Government (c) Society

(4) In modern competitive market, consumer is regarded as _______. (a) King (b) Agency (c) Superintendent

(5) Planning is _______ function. (a) advanced (b) basic (c) end

(B) Match the correct pairs: (5)

Group “A” Group “B”

1. Co-operative Society a. The Father of Modern Management

2. ‘e’ Business b. President of national commission

3. District Judge c. Not directly related to human beings

4. F.W. Taylor d. Outsourcing

5. Staffing e. One share one vote

f. President of District forum

g. Father of Scientific Management

h. Electronic Business

i. Right people at right jobs

j. One member One vote

(C) Write a word or a phrase or term which can substitute the following statements: (5)

(1) ‘One man show’ type of business organization. (2) A bank which is known as bankers’ bank. (3) Name the modern process of contracting a business function to someone else. (4) Name the employees’ organization protecting their rights. (5) Principle of management that says that any work should be divided into small parts.

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Board Question Paper : March 2016

Q.2. Distinguish between the following: (Any three) [15] (1) Partnership and Joint Stock Company. (2) Current Account and Fixed Deposit Account. (3) Road Transport and Water Transport. (4) District Forum and State Commission. (5) Planning and Controlling.

Q.3. Write short notes on the following: (Any three) [15] (1) Features of Joint Hindu Family Business. (2) ‘e’ Business. (3) Significance of Principles of Management. (4) Rights of Consumers. (5) Any ‘five’ principles of management.

Q.4. State with reasons, whether the following statements are True or False: (Any three) [15]

(1) The ownership and management is not separated in a Joint Stock Company. (2) Reserve Bank of India cannot accept deposits from public. (3) Post offices provide money remittance services. (4) Management should avoid workers’ participation while making decisions. (5) The Consumer Protection Act was passed in the interest of the sellers.

Q.5. Attempt the following questions: (Any two) [10] (1) State the features of sole trading concern. (2) State the social responsibilities of business organization towards government. (3) State the working of payment gateway. (4) State the functions of an Entrepreneur.

Q.6. Define Co-operative Society. Explain merits and demerits of Co-operative Society. [10] OR Define ‘Controlling’. Explain its importance.

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