OCM Feb 2023
OCM Feb 2023
OCM Feb 2023
Q.1. (A) Select the correct option and rewrite the sentences: (5)[20]
1. Scalar chain means the hierarchy of _______ from the top level to the lower level for the
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purpose of communication.
(a) discipline (b) unity (c) authority
2. ______ warehouses provide facilities for perishable commodity.
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(a) Bonded (b) Cold storage (c) Government
3. For online transactions _____ is required.
(a) registration (b) trading (c) business
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4. The President of District Forum is_______.
(a) District Judge lic (b) High Court Judge (c) Supreme Court Judge
5. Retail market is the market where retailer sells goods directly to the _______ in small quantities.
(a) producer (b) wholeseller (c) consumer
(B) Match the correct pairs: (5)
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Group ‘A’ Group ‘B’
(a) Henry Fayol (1) It is the process of instructing, guiding,
communicating and motivating
(b) Directing (2) Scientific Management theory
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(C) State whether the following statements are true or false: (5)
1. F.W. Taylor has proposed 14 principles of management.
2. Current account is opened by salaried persons.
3. Unregulated market operates according to forces of demand and supply.
4. Consumer being the king of market does not have any responsibility.
5. Lok Adalat can rightly be described as “People’s Court”.
(D) Find the odd one: (5)
1. Planning, Organising, Staffing, Writing
2. Trekking, Wildlife Study, Horseback riding, Indoor games.
3. Primary credit co-operative society, State co-operative bank, District co-operative bank,
Exchange bank.
4. B to B, B to C, A to Z, C to C
5. Stock exchange, Foreign exchange, Bullion market, Manufactured goods market.
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Organisation of Commerce and Management
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employees wherever necessary. On this context, find out the management functions
performed by:
i. Mr. Ram ii. Mr. Shyam iii. Mr. Shubham
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2. Mr. Amit is a businessman. He has his own factories in Pune and Nashik. He lives in Pune
with his wife and 2 daughters aged 5 and 8 years.
i. Can Mr. Amit take a life insurance policy for his wife and 2 children?
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ii. Can Mr. Amit take a marine insurance policy for his factories?
iii. Which type of insurance should Mr. Amit take for protecting his factories from loss due to
fire?
3. Mr. Atharva made his payment by cheque at the same time
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Mr. Samarth made his payment by fund transfer:
i. Whose payment is faster?
ii. Whose payment is related to traditional business?
iii. Whose payment is related to e-business?
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Q.4. Distinguish between the following (Any THREE): [12]
1. Current Account and Fixed Deposit Account.
2. Organising and Directing.
3. State commission and National Commission.
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