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Commerce Set 1 2016-2017 ISC (Commerce) Class 12 Question Paper Solution

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Commerce [Set 1]
Marks: 80 CISCE
ISC (Commerce)
ISC (Arts)
ISC (Science)

Academic Year: 2016-2017
Date & Time: 3rd April 2017, 2:00 pm
Duration: 3h
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1. Question One is compulsory  from Part I
2. Attempt any Five Questions from Part II


PART- I
[20]1 | Answer briefly each of the questions (i) to (x)
[2]1.i

What is meant by Macro Environment?

Concept: undefined - undefined
Chapter: [0.01] Business Environment
[2]1.ii

What is the importance of finance to a business concern? 

Concept: undefined - undefined
Chapter: [0.021] Capital
[2]1.iii

Give two merits of Inter Corporate Deposits.

Concept: undefined - undefined
Chapter: [0.022000000000000002] Sources of Finance for a Joint Stock Company
[2]1.iv

Define Management.

Concept: undefined - undefined
Chapter: [0.031] Management
[2]1.v

Explain the principle of Authority and Responsibility, as laid down by Henry Fayol. 

Concept: undefined - undefined
Chapter: [0.034] Principles of Management
[2]1.vi

What is the Demand Draft? 

Concept: undefined - undefined
Chapter: [0.023] Banking - Latest Trends
[2]1.vii

State any two features of advertising. 

Concept: undefined - undefined
Chapter:
[2]1.viii

Distinguish between training and development.

Concept: undefined - undefined
Chapter: [0.035] Functions of Management
[2]1.ix

Explain any four facilitating functions of marketing.

Concept: undefined - undefined
Chapter: [0.040999999999999995] Marketing: Concept and Functions
[2]1.x

Agrim purchased a Diesel Car for ₹ 7 Lakhs from an automobile Company and found its engine to be defective. Despite many complaints, the defect was not rectified. Suggest the appropriate authority where Agrim under his right as a consumer, could file a complaint. 

Concept: undefined - undefined
Chapter: [0.043] Consumer Protection
PART - II
[12]2
[3]2.i

Explain the three disadvantages of Preference shares from the investors' point of view. 

Concept: undefined - undefined
Chapter: [0.022000000000000002] Sources of Finance for a Joint Stock Company
[4]2.ii

Explain the qualities of a good leader? Do the qualities alone ensure leadership success?

Concept: undefined - undefined
Chapter: [0.035] Functions of Management
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[5]2.iii

State any three points of importance of business environment

Concept: undefined - undefined
Chapter: [0.01] Business Environment
[12]3
[3]3.i

Give three differences between advertising and personal selling. 

Concept: undefined - undefined
Chapter: [0.042] Marketing Mix
[4]3.ii

Explain any four features of a budget. 

Concept: undefined - undefined
Chapter: [0.035] Functions of Management
[5]3.iii

Answer the following question.
You are the finance manager of a newly established company. The Directors have asked you to determine the amount of fixed capital requirements for the company. Explain any five factors that you will consider while determining the fixed capital requirement for the company.

Concept: undefined - undefined
Chapter: [0.021] Capital
[12]4
[3]4.i

Give three points in support of the statement, "Organising is an important function of management." 

Concept: undefined - undefined
Chapter: [0.035] Functions of Management
[4]4.ii

What is the social environment? Enumerate any three components of the social environment. 

Concept: undefined - undefined
Chapter: [0.01] Business Environment
[5]4.iii

Explain any four characteristics of 'principles of management.'

Concept: undefined - undefined
Chapter: [0.034] Principles of Management
[12]5
[3]5.i

What are the objectives of personal selling? 

Concept: undefined - undefined
Chapter: [0.042] Marketing Mix
[4]5.ii

Explain the following : 
(i) SMS alerts
(ii) ATM

Concept: undefined - undefined
Chapter: [0.023] Banking - Latest Trends
[5]5.iii

Explain any two points highlighting the importance of 'controlling' function of management.

Concept: undefined - undefined
Chapter: [0.035] Functions of Management
[12]6
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[3]6.i

Distinguish between marketing and selling.

Concept: undefined - undefined
Chapter: [0.040999999999999995] Marketing: Concept and Functions
[4]6.ii

Explain any four objectives of communication.

Concept: undefined - undefined
Chapter: [0.035] Functions of Management
[5]6.iii

Explain the first five steps involved in selecting a suitable workforce in an organization. 

Concept: undefined - undefined
Chapter: [0.035] Functions of Management
[12]7
[3]7.i

Explain Buying and Assembling, as a function of marketing. 

Concept: undefined - undefined
Chapter: [0.040999999999999995] Marketing: Concept and Functions
[4]7.ii

What' is meant by RT.GS ? Give any two features of R.T G.S. 

Concept: undefined - undefined
Chapter: [0.023] Banking - Latest Trends
[5]7.iii

Management is the dynamic, life-giving element in every business. In the context of this statement, explain the importance of management in modem times.

Concept: undefined - undefined
Chapter: [0.033] Importance of Management
[12]8
[3]8.i

Give three points of difference between Taylor's and Fayol's Principles of management.

Concept: undefined - undefined
Chapter: [0.034] Principles of Management
[4]8.ii

Explain four advantages of raising funds from commercial banks. 

Concept: undefined - undefined
Chapter: [0.022000000000000002] Sources of Finance for a Joint Stock Company
[5]8.iii

Discuss any five points of importance of marketing.

Concept: undefined - undefined
Chapter: [0.040999999999999995] Marketing: Concept and Functions
[12]9
[4]9.i

Write Short Note on Publicity.

Concept: undefined - undefined
Chapter: [0.042] Marketing Mix
[4]9.ii

Write Short Note on Secured Debentures

Concept: undefined - undefined
Chapter: [0.022000000000000002] Sources of Finance for a Joint Stock Company
[4]9.iii

Give the meaning of objectives and budget as types of plans.

Concept: undefined - undefined
Chapter: [0.035] Functions of Management

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