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ISC Class XII Board Exam 2017 : Commerce

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ISC 12th
Indian School Certificate Examination (ISC), New Delhi
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COMMERCE (Maximum Marks: 80) (Time allowed: Three hours) (Candidates are allowed additional 15 minutes for only reading the paper. They must NOT start writing during this time.) --------------------------------------------------------------------------------------------------------------------Answer Question 1 from Part I and any five questions from Part II. The intended marks for questions or parts of questions are given in brackets [ ]. --------------------------------------------------------------------------------------------------------------------PART I (20 Marks) Answer all questions. Question 1 [10 2] Answer briefly each of the questions (i) to (x). (i) What is meant by Macro Environment? (ii) What is the importance of finance to a business concern? (iii) Give two merits of Inter Corporate Deposits. (iv) Define Management as a process. (v) Explain the principle of Authority and Responsibility, as laid down by Henry Fayol. (vi) What is a Demand Draft? (vii) State any two features of advertising. (viii) Give two points of difference between training and development. (ix) Mention two physical functions of marketing. (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. --------------------------------------------------------------------------------------------------------------------This Paper consists of 3 printed pages and 1 blank page. 1217-857 Turn over Copyright reserved.

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