Business Studies Specimen Paper 2024-2025 ISC (Commerce) Class 12 Question Paper Solution

In order to adapt to changing work dynamics and provide flexibility to its employees, ABC Consulting Pvt. Ltd. decided to allocate a project to a group comprising employees in geographically dispersed settings.
Identify the emerging trend in Human Resources used by the ABC Consulting Pvt. Ltd.

Which characteristic of Human Resource Management deals with providing competent employees to an organisation, both now and in the future?

Observe the relation between the first two words and then fill in the fourth word.

Recruitment : Positive : : Selection : ______.

Observe the relation between the first two words and then fill in the fourth word.

Verbal communication : Oral communication : : Non verbal communication : ______.

As per Maslow’s classification of Human Needs, safety needs consist of physical safety and ______ safety.

The Partnership Act limits the maximum number of partners in a non-banking partnership firm to ______.

On the basis of ______, Communication may be classified as internal and external.

______ method of Performance Appraisal eliminates the subjective bias on the part of raters.

Casual leave is a type of leave granted to an employee that can be availed in an unexpected situation or an unforeseen event.
Select the MOST APPROPRIATE instance for casual leave.

Mr. Aggarwal avails one week leave to take care of his wife who is in her last week of pregnancy.

Ms. Khan takes one day leave to take her mother to the hospital as she had slipped and injured herself.

Mr. D’Mello takes three days leave for his knee replacement surgery.

Ms. Prabhjot takes four days leave to visit her parents in the village.

Mr. Rathi, CEO of a firm, frequently travels for work related to business. However, he ensures that he is present in office every Monday to monitor business operations. On his arrival, his personal assistant, Mr. Varma has to submit a report on the working of the previous week.
Which one of the following reports does Mr. Varma submit?

Routine Report

Special Report

Statutory Report

Public Report

Staff dismissal involves permanent separation of an employee from the payroll. It is a drastic step and should therefore be resorted to with great care. Which one of the following situations indicates staff dismissal?

When an employee has reached the age of superannuation.

When an employee fails to work according to the job requirements.

When there is an acute shortage of raw material to continue work in the factory.

When the employer relieves certain employees to reduce the cost of production.

Statement I: In order to ensure effective learning, a teacher must minimise the barriers to communication.

Statement II: Communication is incomplete without feedback.

Statement I is true but Statement II is false.

Statement I is false but Statement II is true.

Both Statement I and Statement II are true, and Statement II is the correct explanation for Statement I.

Both Statement I and Statement II are true. But Statement II is not the correct explanation for Statement I.

SEBI regulates the prices of the securities listed in the market.

True

False

A public deposit is a deposit made by public in the nationalised banks.

True

False

Human Resource Management is significant to an enterprise since it provides psychological satisfaction to people.

True

False

Venture Capital is one of the primary sources of finance for Start-ups.

True

False

Briefly explain any two limitations of e-recruitment as a source of Staff Recruitment.

Briefly explain any two barriers to Communication.

With reference to staff selection, explain the significance of the following.

Application Blank

With reference to staff selection, explain the significance of the following.

Placement

State any four requirements of a sound promotion policy.

Give any four differences between the Autocratic style of leadership and the Democratic style of leadership.

Distinguish between Piece rate system and Time rate system of remuneration on the following basis:

1. Quality of work
2. Wastage of resources
3. Attitude of Trade Unions
4. Weightage to efficiency

What is meant by the following term with reference to the sources of finance?

Peer to peer Funding

What is meant by the following term with reference to the sources of finance?

Factoring

Briefly outline the role of Job Analysis in the following processes.

Recruitment and Selection

Briefly outline the role of Job Analysis in the following processes.

Training and Development

Elements of Communication Process

1. Identify elements a, b, c and d in the communication process.
2. Evaluate the significance of element ‘e’ in the communication process.

ABC Ltd., a well-known IT firm has opened a new branch in Ahmednagar. In order to maintain their standards, the Company is committed to hiring the best brains in the field.
As the HR Manager of ABC Ltd., suggest any two strategies that the firm can use to attract suitable candidates. Justify your suggestion.

Name and explain any four types of training.

Draw a specimen of a payslip.

Answer briefly the following question:

What is meant by outsourcing?

Explain the following term/concept.

E-business

Briefly explain the following:

Globalisation

Briefly explain the following:

Communication

Briefly explain the following:

Business Regulators

Briefly explain the following:

Business Intermediaries

Briefly explain the following:

Reports

Briefly explain the following:

Group Insurance

Ms. Chopra has applied for the post of an accountant in a firm in response to its advertisement in a daily newspaper. Design the letter to be sent by the firm to Ms. Chopra, as she fulfils the criteria for recruitment.

Read the passage given below and answer the questions that follow.

1. Identify and explain the type of staff appraisal Arvind Krishna is referring to.
2. What is meant by work from home?
3. Explain the two ways by which an employee can be moved from one position/department to another in an organisation.