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Daftary Road, Near Railway Station, Malad (East), Mumbai-400097 Tel. No.: - 022-28881008/9 PRELIM 2 EXAMINATION 2020-2021 COMMERCIAL STUDIES CLASS: X DATE: 22-02-2021 TIME: 2 HOURS MARKS: 80 Answers to this paper must be written on the paper separately. You will not be allowed to write during the first 10 minutes. This time is to be spent in reading the question paper. The time given at the head of this paper is the time allowed for writing the answers. You must attempt all questions. The intended marks for questions or parts of questions are given in brackets [ ] Section A (40 Marks) Attempt all questions from this Section Question 1 Distinguish between a) Internal and External Stakeholders b) Sales Promotion and Advertising c) Traditional Business and E-Business d) Capital Expenditure and Revenue Expenditure e) Product and Service [2] [2] [2] [2] [2] Question 2 a) Mention any two expectations of Creditors. b) What are Services? Explain with examples. c) Write the meaning of Equity and Preference Share. d) Write the meaning of E-Marketing. e) Write 2 points stating importance of Consumer Awareness. [2] [2] [2] [2] [2] Question 3 a) Write the concept of Social Advertising media with example. b) Write the meaning of Consumer Protection Act. c) What do you mean by E-Security? [2] [2] [2] d) Write the concept of Deferred Revenue Expenditure. e) What do you mean by Advertising? Question 4 a) Write the meaning of Advertising Agency. b) What is Pricing? c) Write the meaning of NEFT. d) Write the difference between Debit Card and Credit Card. e) Write 2 expectations of Manager from a Business Organization [2] [2] [2] [2] [2] [2] [2] Section B (40 Marks) Answer any four questions from this Section. Question 5 a) Write the difference between Advertising and Publicity. b) Explain short term loan given by Commercial Bank. [5] [5] Question 6 a) Write a short note on (i) Credit Card Fraud (ii) False Accounting. b) What do you mean by Sales Promotion? Explain its techniques. [5] [5] Question 7 a) Explain the criticism of Advertising. b) What are the functions of Central Bank? [5] [5] Question 8 a) What is Capital Market? Explain its functions. b) Write the differences between Marketing and Selling. Question 9 a) Write the differences between Shareholders and Customers. b) Explain ERP and its modules. [5] [5] [5] [5] Question 10 [10] From the following Trial Balance of Mr. Anil Trading and Profit and Loss A/c for the year ending 31st December, 2020 and Balance Sheet as on that date. The Closing Stock on 31st December, 2020 was valued at Rs. 26,000. Particulars Stock (1-1-2020) Purchases Sales Rejections Bad Debts Stationary Debit Amount ( ) Particulars 5,000 Sundry Creditors 22,000 Purchases Rejections 2,000 Sales 600 Discount 2,500 Capital Charity 6,000 Bank Loan License Fee 1,200 Carriage Outwards 600 Discount 400 B/R 5,000 S Debtors 5,000 Machinery Credit Amount ( ) 10,000 1,000 45,000 600 20,000 14,400 36,000 Drawings 1,500 Bank Deposit 1,700 Audit Fee 1,500 1,00,000 1,00,000
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