(English Medium)
Academic Year: 2023-2024
Date & Time: 13th March 2024, 11:00 am
Duration: 2h
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- 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 reading the question paper.
- The time given at the head of this Paper is the time allowed for writing the answers.
- Attempt all questions from Section A and any four questions from Section B.
- The intended marks for questions or parts of questions are given in brackets [ ].
Pioneer advertising is also known as ______.
Concept advertising
Persuasive advertising
Reminder advertising
Informative advertising
Chapter: [0.013000000000000001] Advertising and Brand Promotion
Ledger is also called the ______.
Journal book
Principal book
Account book
Subsidiary book
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)
The process of assigning specific work to new employees is called ______.
Recruitment
Selections
Interview
Placement
Chapter: [0.032] Recruitment, Selection and Training
In ______, the purpose is to make profit out of fluctuation in prices.
Spot market
Future market
Catalogue market
Secondary market
Chapter: [0.011000000000000001] Markets and Marketing
Which stage of marketing is characterised by hard selling?
Production oriented stage
Product oriented stage
Sales oriented stage
Societal marketing stage
Chapter: [0.011000000000000001] Markets and Marketing
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.
Chapter: [0.013000000000000001] Advertising and Brand Promotion
Which function of Human Resource Management deals with handling employee grievances, conflict resolution and employee counselling?
Procurement function
Development function
Integration function
Compensation function
Chapter: [0.031] Importance of Human Resource
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
Chapter: [0.042] Issues of the Environment
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
Chapter: [0.040999999999999995] Public Relations
Costs incurred other than on material and labour for production and distribution are called ______.
Labour cost
Material cost
Expense
Variable cost
Chapter: [0.024] Fundamental Concept of Cost
Marketing uses ______.
integrated approach
persuasion and promotion
product approach
market approach
Chapter: [0.012] Marketing Mix - 4 P’S
The closing balance of this account shows surplus/deficit ______.
Profit & Loss Account
Receipts & Payments Account
Balance Sheet
Income & Expenditure Account
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
This is NOT an example of renewable energy:
Nuclear Energy
Natural Gas
Solar energy
Tidal Energy
Chapter: [0.042] Issues of the Environment
Caveat vendor means ______.
let the buyer beware
let the seller beware
let the advertiser beware
let the market beware
Chapter: [0.013999999999999999] Sales and the Selling Process
Marketing concentrates on ______.
increasing the sales volume
satisfying advertiser
decreasing the sales volume
satisfying the customer
Chapter: [0.013999999999999999] Sales and the Selling Process
The central bank settles the claims of commercial banks is called ______.
Banking facility
Ledger facility
Clearing House facility
Accounts facility
Chapter: [0.023] Banking and Bank Transactions
Which is a very old medium of advertising?
Television
Film
Outdoor
Newspaper
Chapter: [0.013000000000000001] Advertising and Brand Promotion
With reference to methods of training, identify the correct statement:
- On-the-Job training is also known as 'learning by doing'.
- On-the-Job training is given to an employee who is trained outside the job.
- On-the-Job training is the process of judging the suitability of applicants in the light of job requirements.
- 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
Chapter: [0.032] Recruitment, Selection and Training
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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.
Chapter: [0.042] Issues of the Environment
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.
Chapter: [0.013000000000000001] Advertising and Brand Promotion
Distinguish between Fixed cost and Variable cost.
Chapter: [0.024] Fundamental Concept of Cost
Distinguish between Capital Market and Money Market.
Chapter: [0.011000000000000001] Markets and Marketing
Justify the following:
Every transaction is recorded in at least three accounts.
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)
Justify the following:
Human resource management is only action oriented rather than being people oriented.
Chapter: [0.031] Importance of Human Resource
Justify the following:
Selection is a negative process.
Chapter: [0.032] Recruitment, Selection and Training
State any two advantages of cost-plus pricing strategy.
Chapter: [0.012] Marketing Mix - 4 P’S
What is Greenhouse effect?
Chapter: [0.042] Issues of the Environment
What do you mean by the term food adulteration?
Chapter: [0.042] Issues of the Environment
Explain any two features of Income and Expenditure account.
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
Define the term Book-keeping.
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)
Distinguish between Marketing and Selling.
Chapter: [0.013999999999999999] Sales and the Selling Process
State five uses of Receipts and Payments account.
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
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With reference to Public Relations, write a short note on Role of ethics in business.
Chapter: [0.040999999999999995] Public Relations
Discuss any five reasons as to why Advertisements are criticised.
Chapter: [0.013000000000000001] Advertising and Brand Promotion
"Packaging is a silent salesman." Give five reasons to justify.
Chapter: [0.012] Marketing Mix - 4 P’S
Explain need and the importance of Training.
Chapter: [0.032] Recruitment, Selection and Training
Distinguish between Advertising and Sales promotion.
Chapter: [0.013000000000000001] Advertising and Brand Promotion
Explain any two Lending Money functions of Commercial Banks.
Chapter: [0.023] Banking and Bank Transactions
Write a short note on Chernobyl disaster.
Chapter: [0.042] Issues of the Environment
Write a short note on Bhopal Gas Tragedy.
Chapter: [0.042] Issues of the Environment
Explain five uses of Balance Sheet.
Chapter: [0.022000000000000002] Principles of Financial Accounting and Reporting
With reference to functions of Human Resource Management, explain procurement function.
Chapter: [0.031] Importance of Human Resource
Briefly explain any five benefits of consumer education.
Chapter: [0.042] Issues of the Environment
Define the term GAAP.
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)
Explain the need for GAAP for accounting.
Chapter: [0.021] Generally Accepted Accounting Principles (GAAP)
Describe the five various internal sources of recruitment.
Chapter: [0.032] Recruitment, Selection and Training
What do you mean by the term Overheads?
Chapter: [0.024] Fundamental Concept of Cost
Explain various types of Overheads.
Chapter: [0.024] Fundamental Concept of Cost
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:
- In which stage of product life cycle can Electric Vehicles be placed? Explain this stage briefly.
- Which type of training can be undertaken by MG Motors to train its employees? Briefly explain.
- Explain the effects of pollution on human health.
Chapter: [0.012] Marketing Mix - 4 P’S
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