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Business Studies Set 1 2021-2022 ISC (Commerce) Class 12 Question Paper Solution

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Business Studies [Set 1]
Marks: 40 CISCE
ISC (Commerce)
ISC (Arts)
ISC (Science)

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

  1. Candidates are allowed an additional 10 minutes for only reading the paper.
  2. They must NOT start writing during this time.
  3. Answer all questions in Section A, Section B and Section C.
  4. The intended marks for questions or parts of questions are given in brackets. [ ]

SECTION - A
[8]1
[1]1.i

______ method of communication involves the use of graphs, charts, and diagrams.

Concept: undefined - undefined
Chapter: [0.021] Business Communication
[1]1.ii

______ is also known as mercantile credit.

Concept: undefined - undefined
Chapter: [0.032] Sources of Business Finance
[1]1.iii

Ploughing back of profit is an ______ source of financing.

Concept: undefined - undefined
Chapter: [0.032] Sources of Business Finance
[1]1.iv

As per the Companies Act, what is the minimum and maximum number of members in a Public Limited Company?

Concept: undefined - undefined
Chapter: [0.031] Various Business Entities
[1]1.v

Which of the following types of barriers arises due to problems in language?

Physical barrier

Semantic barrier

Status barrier

Socio-psychological barrier

Concept: undefined - undefined
Chapter: [0.021] Business Communication
[1]1.vi

State any one feature of Globalisation.

Concept: undefined - undefined
Chapter: [0.040999999999999995] Globalisation
[1]1.vii

What is meant by Intermediary?

Concept: undefined - undefined
Chapter: [0.051] Regulators and Intermediaries
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[2]1.viii
[1]1.viii.a

Expand the following:

P2P

Concept: undefined - undefined
Chapter: [0.032] Sources of Business Finance
[1]1.viii.b

Expand the following:

B2B

Concept: undefined - undefined
Chapter: [0.045] Online Means of Conducting Business
SECTION - B
[2]2

Define communication.

Concept: undefined - undefined
Chapter: [0.021] Business Communication
[2]3

Briefly explain grapevine vis a vis communication.

Concept: undefined - undefined
Chapter: [0.021] Business Communication
[2]4

List any two situations where a complaint letter may be written by the buyer.

Concept: undefined - undefined
Chapter: [0.022000000000000002] Business Correspondence
[2]5

Define sole proprietorship.

Concept: undefined - undefined
Chapter: [0.031] Various Business Entities
[2]6

State any two advantages of video conferencing.

Concept: undefined - undefined
Chapter: [0.023] Current Trends in Business Communication
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[2]7
[2]7.i

Briefly explain crowd funding.

Concept: undefined - undefined
Chapter: [0.032] Sources of Business Finance
OR
[2]7.ii

Briefly explain LPO.

Concept: undefined - undefined
Chapter: [0.044000000000000004] Types of Outsourcing
SECTION - C
[4]8

“In spite of oral communication having no legal validity, it is the most common method of communication.”

Give four reasons to justify the above statement.

Concept: undefined - undefined
Chapter: [0.021] Business Communication
[4]9

Discuss any two problems that may arise due to Globalisation.

Concept: undefined - undefined
Chapter: [0.040999999999999995] Globalisation
[4]10

Ram, a reputed, freelance journalist has been hired by a well-known newspaper Sampurna to write a weekly column.

Justify how this arrangement benefits both, Ram and Sampurna. Give two reasons for each.

Concept: undefined - undefined
Chapter: [0.021] Business Communication
[4]11

Explain any four roles that RBI plays as a regulator.

Concept: undefined - undefined
Chapter: [0.052000000000000005] Role of Regulators and Intermediaries
[4]12
[4]12.i

Glory, a well-established company is listed on the stock exchange. Ramesh and Suresh want to invest in the company. While Ramesh decides to buy equity shares, Suresh wants to buy preference shares in the company.

Justify the decisions made by Ramesh and Suresh.

Concept: undefined - undefined
Chapter: [0.032] Sources of Business Finance
OR
[4]12.ii

Mulberry Bags Ltd. is a leading manufacturer of designer handbags and there is a continuous demand for their products. Bags and More, a retail firm is interested in buying Mulberry Bags Ltd. products. They send an enquiry letter to Mulberry Bags Ltd. for the same.

In due course, Bags and More receive its consignment from Mulberry Bags Ltd. They realise that the order was for 100 black tote bags and 200 blue hobo bags. However, they have received 100 blue tote bags and 150 black hobo bags.

Name and explain in brief the two letters that were exchanged between the two companies after the enquiry letter was sent and before the consignment was received.

Concept: undefined - undefined
Chapter: [0.022000000000000002] Business Correspondence

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CISCE previous year question papers Class 12 Business Studies with solutions 2021 - 2022

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