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Commercial Applications Official 2023-2024 (English Medium) ICSE Class 10 Question Paper Solution

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Commercial Applications [Official]
Marks: 100 CISCE
(English Medium)

Academic Year: 2023-2024
Date & Time: 13th March 2024, 11:00 am
Duration: 2h
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  1. Answers to this Paper must be written on the paper provided separately.
  2. You will not be allowed to write during the first 15 minutes.
  3.  This time is to be spent 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 (40 Marks) (Attempt all questions from this Section.)
[20]1 | Choose the correct answer to the questions from the given options. (Do not copy the questions. Write the correct answer only.)
[1]1.i

Pioneer advertising is also known as ______.

Concept advertising

Persuasive advertising

Reminder advertising

Informative advertising

Concept: undefined - undefined
Chapter: [0.013000000000000001] Advertising and Brand Promotion
[1]1.ii

Ledger is also called the ______.

Journal book

Principal book

Account book

Subsidiary book

Concept: undefined - undefined
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)
[1]1.iii

The process of assigning specific work to new employees is called ______.

Recruitment

Selections

Interview

Placement

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

In ______, the purpose is to make profit out of fluctuation in prices.

Spot market

Future market

Catalogue market

Secondary market

Concept: undefined - undefined
Chapter: [0.011000000000000001] Markets and Marketing
[1]1.v

Which stage of marketing is characterised by hard selling?

Production oriented stage

Product oriented stage

Sales oriented stage

Societal marketing stage

Concept: undefined - undefined
Chapter: [0.011000000000000001] Markets and Marketing
[1]1.vi

Identify which of this is NOT the advantage of Advertising to the consumers.

Advertisement creates a direct link between the Producer and Consumer.

It provides educational value.

It reduces the possibility of cheating of consumers.

It helps to meet the competition in the market.

Concept: undefined - undefined
Chapter: [0.013000000000000001] Advertising and Brand Promotion
[1]1.vii

Which function of Human Resource Management deals with handling employee grievances, conflict resolution and employee counselling?

Procurement function

Development function

Integration function

Compensation function

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

Which one of these is a voluntary group promoting the participation of students in learning to improve their environment?

Nature Club

Van Mahotsav Club

Eco-Club

Interact Club

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

Public Relations executives must practice the art of ______ because it involves them to convince other person about some idea, product, service or institution.

Dialogue

Persuasion

Human Relations

Empathy

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

Costs incurred other than on material and labour for production and distribution are called ______.

Labour cost

Material cost

Expense

Variable cost

Concept: undefined - undefined
Chapter: [0.024] Fundamental Concept of Cost
[1]1.xi

Marketing uses ______.

integrated approach

persuasion and promotion

product approach

market approach

Concept: undefined - undefined
Chapter: [0.012] Marketing Mix - 4 P’S
[1]1.xii

The closing balance of this account shows surplus/deficit ______.

Profit & Loss Account

Receipts & Payments Account

Balance Sheet

Income & Expenditure Account

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

This is NOT an example of renewable energy:

Nuclear Energy

Natural Gas

Solar energy

Tidal Energy

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

Caveat vendor means ______.

let the buyer beware

let the seller beware

let the advertiser beware

let the market beware

Concept: undefined - undefined
Chapter: [0.013999999999999999] Sales and the Selling Process
[1]1.xv

Marketing concentrates on ______.

increasing the sales volume

satisfying advertiser

decreasing the sales volume

satisfying the customer

Concept: undefined - undefined
Chapter: [0.013999999999999999] Sales and the Selling Process
[1]1.xvi

The central bank settles the claims of commercial banks is called ______.

Banking facility

Ledger facility

Clearing House facility

Accounts facility

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

Which is a very old medium of advertising?

Television

Film

Outdoor

Newspaper

Concept: undefined - undefined
Chapter: [0.013000000000000001] Advertising and Brand Promotion
[1]1.xviii

With reference to methods of training, identify the correct statement:

  1. On-the-Job training is also known as 'learning by doing'.
  2. On-the-Job training is given to an employee who is trained outside the job.
  3. On-the-Job training is the process of judging the suitability of applicants in the light of job requirements.
  4. On-the-Job training is the process of searching for and identifying the prospective employees.

2 and 3

1 and 4

Only 1

Only 2

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

Assertion (A): Values are a set of standards of behaviour that are considered desirable and important by society.

Reason (R): These principles or standards of behaviour need not be inculcated in person through the right kind of education.

A is false. but R is true.

A is true, but R is false.

Both A and R are true and R explains A.

Both A and R are true but R does not explain A.

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

Everyone loves the exclusive discounts and offers that come around during the holiday season. Your brand may already be running some discount offers. Based on the information given above, which of the statement given below describes the term brand?

Brand means the process of assigning a distinctive name to the product by which it is to be known and remembered.

Brand means short term incentives of non-recurring nature used to stimulate consumer purchasing and dealer effectiveness.

Brand means any identification mark used to identify the product of a seller and to differentiate it from the products of competitors.

Brand means the exchange of goods and service for money.

Concept: undefined - undefined
Chapter: [0.013000000000000001] Advertising and Brand Promotion
[10]2 | Answer the following questions:
[4]2.i | Distinguish between (any one point):
[2]2.i.a

Distinguish between Fixed cost and Variable cost.

Concept: undefined - undefined
Chapter: [0.024] Fundamental Concept of Cost
[2]2.i.b

Distinguish between Capital Market and Money Market.

Concept: undefined - undefined
Chapter: [0.011000000000000001] Markets and Marketing
[6]2.ii
[2]2.ii.a

Justify the following:

Every transaction is recorded in at least three accounts.

Concept: undefined - undefined
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)
[2]2.ii.b

Justify the following:

Human resource management is only action oriented rather than being people oriented.

Concept: undefined - undefined
Chapter: [0.031] Importance of Human Resource
[2]2.ii.c

Justify the following:

Selection is a negative process.

Concept: undefined - undefined
Chapter: [0.032] Recruitment, Selection and Training
[10]3 | Answer the following questions:
[2]3.i

State any two advantages of cost-plus pricing strategy.

Concept: undefined - undefined
Chapter: [0.012] Marketing Mix - 4 P’S
[2]3.ii

What is Greenhouse effect?

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

What do you mean by the term food adulteration?

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

Explain any two features of Income and Expenditure account.

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

Define the term Book-keeping.

Concept: undefined - undefined
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)
SECTION-B (60 Marks) (Attempt any four questions from this Section.)
[15]4
[5]4.i | (Any five)

Distinguish between Marketing and Selling.

Concept: undefined - undefined
Chapter: [0.013999999999999999] Sales and the Selling Process
[5]4.ii

State five uses of Receipts and Payments account.

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
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[5]4.iii

With reference to Public Relations, write a short note on Role of ethics in business.

Concept: undefined - undefined
Chapter: [0.040999999999999995] Public Relations
[15]5
[5]5.i

Discuss any five reasons as to why Advertisements are criticised.

Concept: undefined - undefined
Chapter: [0.013000000000000001] Advertising and Brand Promotion
[5]5.ii

"Packaging is a silent salesman." Give five reasons to justify.

Concept: undefined - undefined
Chapter: [0.012] Marketing Mix - 4 P’S
[5]5.iii

Explain need and the importance of Training.

Concept: undefined - undefined
Chapter: [0.032] Recruitment, Selection and Training
[15]6
[5]6.i | (Any five)

Distinguish between Advertising and Sales promotion. 

Concept: undefined - undefined
Chapter: [0.013000000000000001] Advertising and Brand Promotion
[5]6.ii

Explain any two Lending Money functions of Commercial Banks.

Concept: undefined - undefined
Chapter: [0.023] Banking and Bank Transactions
[5]6.iii
[2.5]6.iii.a

Write a short note on Chernobyl disaster.

Concept: undefined - undefined
Chapter: [0.042] Issues of the Environment
[2.5]6.iii.b

Write a short note on Bhopal Gas Tragedy.

Concept: undefined - undefined
Chapter: [0.042] Issues of the Environment
[15]7
[5]7.i

Explain five uses of Balance Sheet.

Concept: undefined - undefined
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
[5]7.ii

With reference to functions of Human Resource Management, explain procurement function.

Concept: undefined - undefined
Chapter: [0.031] Importance of Human Resource
[5]7.iii

Briefly explain any five benefits of consumer education.

Concept: undefined - undefined
Chapter: [0.042] Issues of the Environment
[15]8
[5]8.i

Define the term GAAP.

Concept: undefined - undefined
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)

Explain the need for GAAP for accounting.

Concept: undefined - undefined
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)
[5]8.ii

Describe the five various internal sources of recruitment.

Concept: undefined - undefined
Chapter: [0.032] Recruitment, Selection and Training
[5]8.iii

What do you mean by the term Overheads?

Concept: undefined - undefined
Chapter: [0.024] Fundamental Concept of Cost

Explain various types of Overheads.

Concept: undefined - undefined
Chapter: [0.024] Fundamental Concept of Cost
[15]9

CASE STUDY

British car maker MG has confirmed the launch of a new affordable Electric Vehicle (EV) in India in the first half of 2023. The brand also revealed that this newly developed EV will come with an affordable price tag of around Rs 7-8 lakh.

Although the firm has not yet disclosed the details of the EV's body style, this new pure-electric offering will most probably compete against the Tata Nexon EV. Besides this the MG's upcoming EV will utilise a new platform and could offer a sub-300 km of travel range on a single charge. MG Motor has also announced that it will invest in nurturing young talents through its initiatives like the MG Nurture program. The carmaker plans to collaborate with 50 institutes through the program to train one lakh students on the latest technologies regarding EVs.

Electric cars produce zero exhaust emissions, which means they do not emit any harmful exhaust gases into the air. This can benefit the environment as exhaust gases can negatively impact various health conditions and also have an impact on climate change. EVs are more efficient, and that combined with the electricity cost is cheaper than filling petrol or diesel for your travel requirements. Using renewable energy sources can make the use of EVs more eco-friendly They mainly reduce noise levels which are hazardous to human health. 

With reference to the case study answer the following questions:

  1. In which stage of product life cycle can Electric Vehicles be placed? Explain this stage briefly.
  2. Which type of training can be undertaken by MG Motors to train its employees? Briefly explain.
  3. Explain the effects of pollution on human health.
Concept: undefined - undefined
Chapter: [0.012] Marketing Mix - 4 P’S

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CISCE previous year question papers ICSE Class 10 Commercial Applications with solutions 2023 - 2024

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