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Commercial Applications Set 1 2021-2022 (English Medium) ICSE Class 10 Question Paper Solution

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Commercial Applications [Set 1]
Marks: 50 CISCE
(English Medium)

Academic Year: 2021-2022
Date: April 2022
Duration: 1h30m
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Note:

  1. Answers to this Paper must be written on the paper provided separately.
  2. You will not be allowed to write during the first 10 minutes.
  3. This time is to be spent in reading the question paper.
  4. The time given at the head of this Paper is the time allowed for writing the answers.
  5. Attempt all questions from Section A and any four questions from Section B.
  6. The intended marks for questions or parts of questions are given in brackets [ ].

SECTION A : (Attempt all questions)
[10]1 | Choose the correct answers to the questions from the given options. (Do not copy the question, Write the correct answer only.)
[1]1.i

Income and Expenditure Account is a ______ account.

Nominal

Real

Personal

Recurring

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
[1]1.ii

______ is a revolving credit arrangement.

Overdraft

Discounting of Bills

Cash credit

Loans and Advances

Concept: undefined - undefined
Chapter: [0.023] Banking and Bank Transactions
[1]1.iii

Job Evaluation is one of the ______ functions of the Human Resource Department.

Procurement

Development

Training

Compensation

Concept: undefined - undefined
Chapter: [0.031] Importance of Human Resource
[1]1.iv

______ is a negative process.

Education

Selection

Training

Recruitment

Staffing

Concept: undefined - undefined
Chapter: [0.032] Recruitment, Selection and Training
[1]1.v

______ is one of the elements of Public Relation.

Sympathy

Human relation

Monologue

Media relation

Concept: undefined - undefined
Chapter: [0.040999999999999995] Public Relations
[1]1.vi

Consumer education benefits ______ by increasing sales.

Businesses

People

Region

Environment

Concept: undefined - undefined
Chapter: [0.042] Issues of the Environment
[1]1.vii

Deliberate mixing of low quality, undesirable, inedible and even toxic materials in food items are known as ______

Food Pollution

Mixing of food items

Food adulteration

Quality degradation

Concept: undefined - undefined
Chapter:
[1]1.viii

______ is the first stage in hiring.

Selection

Recruitment

Development

Training

Concept: undefined - undefined
Chapter: [0.032] Recruitment, Selection and Training
[1]1.ix

The objective of preparing a ______ account is to find out the cash position of the organization.

Receipts and Payment Account

Balance Sheet Account

Trading Account

Trial balance account

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
[1]1.x

Income and expenditure contain only ______ items.

Capital

Capital and Revenue

Revenue

Outstanding

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
SECTION B : (Answer any four questions from this Section)
[10]2
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[2]2.i

State one point of difference between Cash Credit and Overdraft.

Concept: undefined - undefined
Chapter: [0.023] Banking and Bank Transactions
[2]2.ii

State one point of difference between the Dexterity Test and the Intelligence Test.

Concept: undefined - undefined
Chapter: [0.032] Recruitment, Selection and Training
[3]2.iii

What is a Balance Sheet?

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting

Write any two uses of the Balance Sheet?

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
[3]2.iv

Consumer education is beneficial to the society. Give any three reasons.

Concept: undefined - undefined
Chapter: [0.042] Issues of the Environment
[10]3
[2]3.i

Write any two features of the Receipt and Payment Account.

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
[2]3.ii

What are Public Relations?

Concept: undefined - undefined
Chapter: [0.040999999999999995] Public Relations
[3]3.iii

Write about any three general utility functions of Commercial Bank.

Concept: undefined - undefined
Chapter: [0.023] Banking and Bank Transactions
[3]3.iv

One must follow environmental values and ethics. Explain giving any three points.

Concept: undefined - undefined
Chapter: [0.042] Issues of the Environment
[10]4
[2]4.i

Write a short note on Field Recruitment.

Concept: undefined - undefined
Chapter: [0.032] Recruitment, Selection and Training
[2]4.ii

Why are Stockholder relations important for an organization?

Concept: undefined - undefined
Chapter: [0.040999999999999995] Public Relations
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[3]4.iii

Explain in short, any three functions of the Central Bank.

Concept: undefined - undefined
Chapter: [0.023] Banking and Bank Transactions
[3]4.iv

Write any three features of Human Resources.

Concept: undefined - undefined
Chapter: [0.031] Importance of Human Resource
[10]5
[2]5.i

Justify either for or against by giving a reason for the following statement. ‘Income and Expenditure account shows the opening and closing balances of cash in hand and cash at bank.’

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
[2]5.ii

Justify either for or against by giving a reason for the following statement. ‘Central Bank is a Banker to the Government.’

Concept: undefined - undefined
Chapter: [0.023] Banking and Bank Transactions
[3]5.iii

State any three points of difference between ‘Receipts and Payment Account’ and ‘Income and Expenditure Account’.

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
[3]5.iv

Write any three disadvantages of payment through cheques.

Concept: undefined - undefined
Chapter: [0.023] Banking and Bank Transactions
[10]6
[2]6.i

Write a short note on Automated Teller Machine.

Concept: undefined - undefined
Chapter: [0.023] Banking and Bank Transactions
[2]6.ii

Mention the elements of Public Relations.

Concept: undefined - undefined
Chapter: [0.040999999999999995] Public Relations
[3]6.iii

Write about any three activities of the procurement function of the Human Resource Department.

Concept: undefined - undefined
Chapter: [0.031] Importance of Human Resource
[3]6.iv

Explain any three consumer rights provided by Consumer Protection Act.

Concept: undefined - undefined
Chapter:
[10]7
Nokia, a leading mobile phones company has a supervisor, Mr Ansari, at the Surat Branch. His workers respond well to his leadership and try to come up to his expectations. However, Mr Ansari takes a tough stand when workers are unable to meet their targets. In the past, Mr Ansari punished two workers for not being able to reach their targets and this led to much resentment. The workers felt that they should have been consulted in determining work targets. Later Mr Ansari realised this and arranged for a special motivational program for the employees to achieve targets. Since then, he has had a good relationship with his employees.

In reference to the above case answer the following questions:

  1. What type of bank account should Mr Ansari open for new hires in Nokia?
  2. Mr Ansari likes to promote some of the employees as supervisors. Which program shall he undertake?
  3. There is a vacancy in the Ahmedabad Branch of Nokia. Which source of recruitment should be used to fill the vacancy? Justify your answer by giving two reasons.
  4. What type of interview is most appropriate to fill this vacancy? Give two reasons?
Concept: undefined - undefined
Chapter: [0.032] Recruitment, Selection and Training

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CISCE previous year question papers ICSE Class 10 Commercial Applications with solutions 2021 - 2022

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