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    HIRANANDANI SCHOOL - COMMERCIAL STUDIES Prelim Paper

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    YOGESH
    The document is a past paper for a commercial studies exam. It contains 16 multiple choice questions in Section A testing concepts like consumer rights, marketing, accounting, and business finance. Section B contains 4 long answer questions requiring explanations of topics like sales promotion techniques, modes of transport, recruitment sources, and insurance principles.

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    HIRANANDANI SCHOOL - COMMERCIAL STUDIES Prelim Paper

    Uploaded by

    YOGESH
    84 views9 pages
    The document is a past paper for a commercial studies exam. It contains 16 multiple choice questions in Section A testing concepts like consumer rights, marketing, accounting, and business finance. Section B contains 4 long answer questions requiring explanations of topics like sales promotion techniques, modes of transport, recruitment sources, and insurance principles.

    Original Description:

    COMMERCIAL STUDIES CLASS X PRELIM PAPER

    Original Title

    HIRANANDANI SCHOOL- COMMERCIAL STUDIES Prelim Paper

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    The document is a past paper for a commercial studies exam. It contains 16 multiple choice questions in Section A testing concepts like consumer rights, marketing, accounting, and business finance. Section B contains 4 long answer questions requiring explanations of topics like sales promotion techniques, modes of transport, recruitment sources, and insurance principles.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    84 views9 pages

    HIRANANDANI SCHOOL - COMMERCIAL STUDIES Prelim Paper

    Uploaded by

    YOGESH
    The document is a past paper for a commercial studies exam. It contains 16 multiple choice questions in Section A testing concepts like consumer rights, marketing, accounting, and business finance. Section B contains 4 long answer questions requiring explanations of topics like sales promotion techniques, modes of transport, recruitment sources, and insurance principles.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 9

    HIRANANDANI FOUNDATION SCHOOL, THANE

    First Preliminary Assessment – November, 2023


    Subject: Commercial Studies
    Std: X Time: 2 Hours
    Date: 24 /11 /2023 Max. Marks: 80

    Note: Answers to this Paper must be written on the paper provided


    separately.
    You will not be allowed to write during the first 15 minutes.
    This time is to be spent in reading the question paper.
    The time given at the head of this Paper is the time allowed for writing the
    answers.
    The intended marks for questions or parts of questions are given in
    brackets[].

    Attempt all questions from Section A and any four questions from Section B.

    This paper consists of eight printed pages.

    SECTION A

    (Attempt all questions from this Section)


    Question 1
    Choose the correct answers to the questions from the given options. [16]
    (Do not copy the question, write the correct answers only.)
    (i) "Consumer has the right to present before the appropriate forum or
    authorities all those matters which affect his interests". This right of a
    consumer is termed as a Right to be __________ .
    (a) Informed
    (b) Heard
    (c) Safety
    (d) Educated

    1
    (ii) Web marketing involves __________ .
    (a) Selling web cameras
    (b) Web advertisements
    (c) E-mail chatting
    (d) Browsing the web

    (iii) "It consists of all promotional activities other than advertising, personal
    selling and publicity that helped to increase sales through
    non-repetitive and one time communication". What is it?
    (a) Sales promotion
    (b) Product promotion
    (c) Publicity
    (d) Advertisement

    (iv) Choose the correct statement among the following .


    (a) Marketing is the process of transferring the ownership from producer
    to buyer.
    (b) Selling is a wider term then marketing.
    (c) Marketing seeks to create demand, to satisfy the customers, to increase
    markets shares etc.
    (d) Marketing do not build the reputation of the enterprise.

    (v) Match the Column I and II


    Column – I Column - Il
    (a) External stakeholder i. Shareholders, employees
    (b) Government ii. Creditors, suppliers
    (c) Internal stakeholders iii. Pay taxes on time
    (d) Not the stakeholders iv. Customers
    (a) (a) ii (b) iii (c) i (d) iv
    (b) (a) i (b) ii (c) iv (d) iii
    (c) (a) iii (b) i (c) ii (d) iv
    (d) (a) iv (b) ii (c) iii (d) i

    2
    (vi) __________ provides information about the net profit earned or net
    loss suffered by the business during a given accounting period.
    (a) Trading Account
    (b) Profit and loss account
    (c) Balance sheet
    (d) Manufacturing account

    (vii) Select the correct statement about the Master Budget.


    (a) The estimation of the number of units to be produced during the budget
    period.
    (b) This budget requires the approval of the Budget Committee before it is
    put into operation.
    (c) A careful analysis of the needs of all administrative departments of the
    enterprise is necessary.
    (d) The overall objective of a master budget is to enable the firm to prevent
    accumulations of excess cash balance.

    (viii) CPCB runs nation-wide programs of ambient air quality monitoring


    known as ____ .
    (a) National Air Quality Monitoring Programme (NAMP)
    (b) Natural Air Quality Monitoring Programme (NAMP)
    (c) National Air Quality Minimum Programme (NAMP)
    (d) National Air Quality Maximum Programme (NAMP)

    (ix) On the basis of the following information given identify the Type of
    Fraud.
    1. To inflate the company's share price.
    2. To report unrealistic profits.
    (a) Credit card fraud
    (b) Intellectual property fraud
    (c) False accounting fraud

    3
    (d) Cyber fraud

    (x) __________ tests are designed to measure the applicant's level of


    knowledge and skill already achieved in a to particular trade or
    occupation.
    (a) Personality test
    (b) Trade test
    (c) Dexterity test
    (d) Intelligence test

    (xi) __________ are known as creditorship securities.


    (a) Preference shares
    (b) Debentures
    (c) Equity Shares
    (d) Loans from commercial
    (xii) Which of the following is a disadvantage of Roadway transport?
    1. It can carry a much larger quantity of goods than motor vehicles.
    More wagons can be added to handle larger volume of traffic.
    2. It provides complete freedom of movement.
    3. It provides complete service by loading the goods at the consignor's
    door and unloading them at the consignee's place.
    4. It is a cheaper means for carrying bulky goods over long distances.
    (a) 1. and 3. are true
    (b) 3. and 4. are true
    (c) 2. and 3. are true
    (d) 1. and 4. are true

    (xiii) Which of the following are the advantages of internal sources of


    recruitment?

    4
    (a) Internal recruitment helps to minimise labour turnover and
    absenteeism. People wait for promotion and the work-force is more
    satisfied.
    (b) Internal recruitment is a costlier source of recruitment.
    (c) Internal candidates may not give a new outlook and fresh ideas to
    business.
    (d) Unsuitable candidates may be promoted to positions of higher
    responsibility.

    (xiv) Money received by sale of machine is a __________ .


    (a) Capital receipt
    (b) Revenue receipt
    (c) Deferred revenue receipt
    (d) Capital expenditure

    (xv) Which of the following is NOT the example of direct expense?


    (a) Fees paid to an architect of a building
    (b) Salary of timekeeper
    (c) Rent paid to hire special machine required for a particular contract
    (d) Cost of defective work incurred in connection with a particular job

    (xvi) __________ warehouses are established under a bond with the customs
    authorities for storage of dutiable goods till the payment of imports
    duty.
    (a) Private
    (b) Public
    (c) Bonded
    (d) Cold Storage

    Question 2
    Distinguish between:
    (i) Central and Commercial Banks [2]

    5
    (ii) NEFT and RTGS [2]
    (iii) Recruitment and Selection [2]
    (iv) Advertising and Publicity [2]

    Question 3
    (i) They are people who provide raw materials to the commercial [2]
    organisations. Identify them and give one expectation that they have
    from a commercial organization.
    (ii) What do you mean by Service? [2]
    (iii) What is Consumer Exploitation? [2]
    (iv) Under this method, the trainee is separated from the job situation and [2]
    learns the skills related to the job.
    Identify the above method and explain any one type under it.

    Question 4
    (i) What do you understand by E-Security. [2]
    (ii) Explain in brief the Principle of Subrogation. [2]
    (iii) Write and two functions of an Advertising Agency. [2]
    (iv) What is Cash Credit? [2]

    SECTION B

    (Attempt any four questions from this Section)


    Question 5
    (i) Discuss five techniques of Sales Promotion. [5]
    (ii) Write short notes on: [5]
    • Marine Insurance
    • Principle of Indemnity

    Question 6
    (i) Write three merits and two demerits of Air Transport. [5]

    6
    (ii) Write short notes on following external sources of recruitment: [5]
    • Advertisements
    • Campus Interviews

    Question 7
    (i) Explain any five modules of ERP. [5]
    (ii) (a)Nisha took a fire insurance policy from NICL of Rs 50 Lakhs for his [5]
    factory at the annual premium of Rs 75,000 in order to avoid premium
    more than his amount he did not disclose that highly explosive
    chemicals are being manufactured in his factory, due to a fire his
    factory gets damaged. The insurance company NICL refused to make
    the payment for the claim as they were aware of the highly explosive
    chemicals.

    1.Is Nisha entitled to claim?


    2.Explain the principle of insurance violated by Nisha.

    (b)Write a note on: Indirect Cost


    Question 8
    (i) Briefly discuss five functions of a Central Bank. [5]
    (ii) Write short notes on: [5]
    • E-Marketing
    • Shares

    Question 9
    (i) Explain any five functions of a Capital Market. [5]
    (ii) Write short notes on: [5]
    • E-Wallets
    • Right to Safety

    Question 10

    7
    Prepare a Trading, Profit and Loss account of Mr. Amar for the year [10]
    ending on 31st March, 2023 and Balance Sheet as on 31st
    March ,2023.

    Particulars Amount Amount


    (Dr) Rs. (Cr)Rs.
    Capital 1,75,000
    Drawings 19,000
    Trade expenses 4,000
    Stationery 1,750
    Cash at Bank 22,700
    Machinery 1,20,000
    Stock as on 1.4.2018 35,000
    Purchase and Sales 95,000 1,80,000
    Purchase Returns 2,000
    Sales Returns 2,800
    Carriage Inwards 1,000
    Carriage Outwards 2,000
    Sundry Debtors and 48,000 25,000
    Creditors
    Bills Receivable and Payable 22,000 10,500
    Furniture and Fixtures 15,400
    Bad debts 1,500
    Loan 25,000
    Salaries 12,000
    Advertisement 5,000
    Rent, Rates and Taxes 3,500
    Electricity 6,850
    TOTAL 417500 4,17,500

    Stock was valued at Rs. 75,000 on 31.03.2023.


    *********************************************************

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