Untitled document

AKLAVYA INTERNATIONAL SCHOOL
(Affiliated to the Council for the Indian School Certificate Examination vide aff. No. PN002)
HALF PORTION REVISION - 2

CLASS : 10 SUB: COMMERCIAL STUDIES
DATE: -12-2023 MARK :80
SECTION - A
QUESTION 1 [16]
Choose the correct answer to the questions form the given options. ( do not copy the question, write the correct
answer only.)
1. Who is responsible for contributing to the provident fund scheme?
a. Employee
b. Employer and employee
c. Employer.
d. Employer and government
2. Which of the following are expectations of employees to the organizations?
a. Opportunities for education, self 0 development, promotion and career growth

b. Various welfare facilities such as housing , medical care, social security ( in the form of pension , gratuity ,
provident fund etc,,, health recreations, etc.,
c. Quick and fair redressal of grievances
d. All the above
3. Which of the following is the most suited meaning of marketing?
a. A place where buyers and sellers are in close contact

b. A philosophy that stresses customer value and satisfaction
c. A philosophy which create time
d. Attract potential customers.
4. ___________ is an external stakeholder of the business.
a. Supplier
b. Manager
c. Employee
d. Supervisor
5. When a consumer has freedom to select a particular product out of many products, which “Right” is
Applicable according to the Consumer Protect Act?
a. Right to safety
b. Right to choose
c. Right to consumer education
d. Right to be heard
1
6. Marketing is a ______ process.
a. Social
b. Individual
c. Two people
d. None of these
7. Newsletters, catalogues and invitations to organization - sponsored events are most closely associated with
a. Pricing
b. Distribution
c. Product development
d. Promotion
8. Interest on dividend is a revenue receipt because
a. The amount involved is large

b. The amount is received in lump sum
c. It involves withdrawal of capital
d. The amount does not create liability
9. ________is not an internal source of recruitment.
a. Promotion
b. Transfer
c. Casual caller
d. Department exam
10. which of the following is right of the consumer according to the Act?
a. Right to demand
b. Right to supply
c. Right heard
d. Right to offer
11. Out of the following, which particular feature is common between selling and advertising?
a. Both have objective to make profit through increased sale

b. Both start after production
c. Both end with the sale of product
d. All of the above
12. _________is needed for quick and safe carrying of goods and peoples from one place to another.
a. Transportation
b. Warehousing
c. Insurance
d. None of these
2
13. Which of the following is not part of the master budget?
a. Cash budget
b. Production budget
c. Sale budget
d. None of these
14. Equity share , preference shares , ploughing back of profit and debentures are generally used for____
a. Short term finance

b. Long term finance
c. Both a and b
d. None of the
15. When making purchase decisions , the main consideration involved in organization buying is:
a. Product quality
b. Price
c. Service
d. All of these
16. It acts as the banker bank.
a. Commercial bank
b. Central bank
c. Specialized bank
d. None of these
Question 2
Distinguish between:
1. Central bank and commercial bank [2]

2. Capital and revenue expenditure [2]
3. Equity share and preference share [2]
4. Internal and external stakeholders [2]
Question 3.
1. What is E- tailing [2]

2. What is the fixed cost? [2]
3. What is meant by social security [2]
4. Briefly explain the principle of utmost good faith of insurance. [2]
3
Question 4.
1. State any two expectations of creditors from a business organization [2]

2. State any two rights enjoyed by consumers as per the Consumer Protection Act? [2]
3. Mention any two main advantages of life insurance to employees and employers [2]
4. Give two examples of capital receipts [2]
SECTION – B
Question 5
1. Explain target rate of return as an objective of pricing [5]

2. Explain any five merits of road transports [5]
Question - 6
1. Distinguish between equity share and preference share. [5]

2. Write short notes on ; [5]
a. Lender of the last resort function of RBI
b. Overdraft.
Question – 7
1. What is the budget? Discuss any two uses of a budget to a business enterprise. [5]
2. Explain social advertising. [5]
Question - 8
1. What is the function of a trade union? [5]

2. Mention five difference between advertising and personal selling ( Salesmanship) [5]
Question - 9
1. Briefly explain any five types of selection tests. [5]

2. Write short notes on; [5]
a. Development function of RBI
B. insurance fraud
4
Question - 10. [10]
Prepare a Trading and Profit and Loss account and Balance sheet or Mr. Kavin for the year ended 31st March, 2023
form the following trial balance;
Closing stock on 31.3.2023 was valued at 40,000
PARTICULAR Dr. Cr.
CAPITAL 1,55,000
DRAWING 9,000
TRADE EXPENSES 12,000
CASH IN HAND 750
CASH AT BANK 22,700
LAND AND BUILDINGS 1,30,000
STOCK AS ON 1-4-2022 35,000
PURCHASE AND SALES 75,000 2,50,000
RETURN 2,800
CARRIAGE INWARDS 1,500
CARRIAGE OUTWARDS 3,500
DEBTORS AND CREDITORS 48,000 25,000
BILLS RECEIVABLE AND PAYABLE 22,000 10,500
FURNITURE 15,400
DISCOUNT ALLOWED 1,500
WAGE 25,000
SALARIES 19,850
ADVERTISEMENT 15,000
RENT , RATE AND TAXES 3,500
4,42,500 4,42,500

Untitled document

Uploaded by

Copyright:

Available Formats

Untitled document

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Untitled document

Uploaded by

Copyright:

Available Formats

AKLAVYA INTERNATIONAL SCHOOL

HALF PORTION REVISION - 2

1. Who is responsible for contributing to the provident fund scheme?

2. Which of the following are expectations of employees to the organizations?

a. Opportunities for education, self 0 development, promotion and career growth

3. Which of the following is the most suited meaning of marketing?

a. A place where buyers and sellers are in close contact

4. ___________ is an external stakeholder of the business.

8. Interest on dividend is a revenue receipt because

a. The amount involved is large

9. ________is not an internal source of recruitment.

a. Both have objective to make profit through increased sale

a. Short term finance

16. It acts as the banker bank.

1. Central bank and commercial bank [2]

1. What is E- tailing [2]

1. State any two expectations of creditors from a business organization [2]

1. Explain target rate of return as an objective of pricing [5]

1. Distinguish between equity share and preference share. [5]

1. What is the function of a trade union? [5]

1. Briefly explain any five types of selection tests. [5]

TRADE EXPENSES 12,000

CASH IN HAND 750

CASH AT BANK 22,700

LAND AND BUILDINGS 1,30,000

STOCK AS ON 1-4-2022 35,000

PURCHASE AND SALES 75,000 2,50,000

CARRIAGE INWARDS 1,500

CARRIAGE OUTWARDS 3,500

DEBTORS AND CREDITORS 48,000 25,000

BILLS RECEIVABLE AND PAYABLE 22,000 10,500

DISCOUNT ALLOWED 1,500

RENT , RATE AND TAXES 3,500

You might also like