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Organisation of Commerce and Management 2017-2018 HSC Commerce (English Medium) 12th Standard Board Exam Question Paper Solution

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Organisation of Commerce and Management
Marks: 80 Maharashtra State Board
HSC Commerce (English Medium)
HSC Commerce: Marketing and Salesmanship

Academic Year: 2017-2018
Date: March 2018
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[15]1
[5]1.A | (A) Select the proper option from the possible options given below and rewrite the complete statements :
[1]1.A.1

The maximum number of partners for a firm carrying on banking business is .............. .

ten

twenty

seven

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[1]1.A.2

Bonded warehouses are locted at ................. .

railway stations

villages

ports

Concept: undefined - undefined
Chapter: [0.02] Business Services
[1]1.A.3

To maintain safety of investment is the responsibility of business towards ........... .

community

investors

employees

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[1]1.A.4

The president of State Commission is ................. .

District Court Judge

Supreme Court Judge

High Court Judge

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[1]1.A.5

Management principles influence .................. .

human behaviour

organization

government

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[5]1.B

Match the correct pairs :

Group ‘A’ Group ‘B’
(a) Indian Companies Act
(b) Air transport
(c) HTTP
(d) Trade Union
(e) Directing
(1) Cheapest mode of transport
(2) Directly related to Human beings
(3) Negotiations with management
(4) 1956
(5) Hyper Transfer Text Protocol
(6) 1932
(7) Not directly related to human beings
(8) Costliest mode of transport
(9) Encryption
(10) To maintain solvency and prestige
Concept: undefined - undefined
Chapter: [0.02] Business Services
[5]1.C | Write only ‘one’ word or phrase or term which can substitute the following statements :
[1]1.C.1

Write only ‘one’ word or phrase or term which can substitute the following statement :

A partner who gives only his name to the partnership firm.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[1]1.C.2

Write only ‘one’ word or phrase or term which can substitute the following statement :

Name the form of electronic currency that exists only in cyberspace.

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business
[1]1.C.3

Write only ‘one’ word or phrase or term which can substitute the following statement :

A consumer dispute redressal agency the handles claims of more than ` 1 (one) crore.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[1]1.C.4

Write only ‘one’ word or phrase or term which can substitute the following statement :

Father of modern management.

Concept: undefined - undefined
Chapter: [0.06] Principles of Management
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[1]1.C.5

Write only ‘one’ word or phrase or term which can substitute the following statement:

An end function where the performance is evaluated in accordance with the plan.

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[15]2 | Attempt any three of the following
[5]2.A

Distinguish between the following:
Joint Hindu Family firm and joint stock company

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]2.B

Distinguish between the following:

District Forum and State Commission.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[5]2.C

Distinguish between the following:

Fire Insurance and Marine Insurance

Concept: undefined - undefined
Chapter: [0.02] Business Services
[5]2.D

Distinguish between the following:

Cooperative society and Partnership firm

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]2.E

Distinguish between the following:

Organising and Staffing

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[15]3 | Attempt any three of the following
[5]3.A

Write short notes on the following:

Features of a co-operative societies

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]3.B

Write short note on the following:

Advantages of e-business.

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business [0.05] Emerging Modes of Business
[5]3.C

State the social responsibilities of business organization towards government. 

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[5]3.D

Write short note on the following:

Importance of consumer protection

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[5]3.E

Write short note  on the following:

Importance of co-ordinating.

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
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[15]4 | Attempt any three of the following
[5]4.A

Statement with reasons whether the following statement is True or False

In a partnership firm, the liability of partners is unlimited.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]4.B

State with reasons whether the following statements are True or False

Business organisations do not have various types of social responsibilities.

True

False

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics. [0.06] Social Responsibilities of Business
[5]4.C

State with reasons whether the following statement is True or False.
Lok Adalat can rightly be described as “people's court”.

True 

False 

Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[5]4.D

Statement with reasons whether the following statement is True or False:

According to Taylor, there should be scientific selection and training of employees.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[5]4.E

Statement with reasons whether the following statements are True or False:
Planning has no vital importance in the process of management.

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[10]5 | Attempt any two of the following
[5]5.A

Write short answer of the following.
State the various types of warehouses.

Concept: undefined - undefined
Chapter: [0.02] Business Services
[5]5.B

Write short answers of the following:

State the advantages of outsourcing.

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business
[5]5.C

write a short note on the Significance of Principles of Management.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[5]5.D

Explain the characteristics of entrepreneur.

Concept: undefined - undefined
Chapter: [0.03] Entrepreneurship Development
[10]6 | Attempt one of the following
[10]6.A

Define 'Joint Hindu family'.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations

Explain the features of a joint Hindu family firm.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
OR
[10]6.B

Define Bank.

Concept: undefined - undefined
Chapter: [0.04] Business Services

Explain different types of banks.

Concept: undefined - undefined
Chapter: [0.02] Business Services

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