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ICSE Prelims 2016 : Commercial Studies (Himalayan International Residential School, Jalpaiguri)

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Niloy Biswas
Goenka College of Commerce and Business Administration, Kolkata
ICSE, ISC( Commerce), B'Com(Hons), MA Economics

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HIMALAYAN INTERNATIONAL RESIDENTIAL SCHOOL PRACTICE EXAMINATION 2015 2016 COMMERCIAL STUDIES Time: 02:00Hrs. CLASS 10 Name: ........................................................... Max. Marks: 80 DATE: ../ . / 2015 Candidates are allowed additional 15 mins for only reading the paper. They must NOT start writing during this time. Answer all questions from Section I and any four questions from Section II. The intended marks for questions are given in brackets [ ]. Section I (40 Marks) Attempt all questions from this Section Question 1 (a) Spoken communication permits immediate feedback . Do you agree? Give a reason. [2] (b) Capital Expenditure and Revenue Expenditure. [2] (c) Direct cost and Indirect cost. . . [2] (d) Advertising and Sales promotion. [2] (e) Formal communication and informal communication. [2] Question 2 (a) Why is a Master Budget also known as a Summary Budget? [2] (b) Explain the term Deferred Revenue Expenditure. [2] (c) List two features of Receipts and Payments Account. [2] (d) What do you understand by the term Turn Over ? [2] (e) Income & Expenditure Account and Profit & Loss Account. [2] Question 3 (a) What is Budgeting? [2] (b) Explain any two sources of external recruitment. [2] This Paper consists of 3 printed pages Page-1 [Turn Over] (c) What is environmental ethics? [2] (d) Differentiate between a credit card and a debit card. [2] (e) Name any two eco friendly technologies. [2] Question 4 (a) Give any two advantages of crossing a cheque. [2] (b) Name any two methods of market research. [2] (c) Give any two barriers to effective communication. [ [2] (d) Give one reason why Gross Profit to Turnover Ratio is considered as an important profitability ratio. [2] (e) What is the Ganga Action Plan? [2] Section II (40 Marks) Attempt any four questions from this Section Question 5 (a) What do you mean by communication? Explain the need for communication in commercial organisations. ( any four points) (b) State any five advantages of Road Transport over Water Transport. [5] [5] Question 6 (a) Explain any two types of selection tests. (b) Marketing is essential for the success of a business organisation. Give five reasons to support your answer. [5] [5] Question 7 (a) Explain five technical qualities of a successful salesman. (b) Suggest any five ways society benefits from Advertising. [5] [5] Question 8 (a) What is meant by Sustainable Development? . Explain any examples of sustainable use of resources. (b) Mention any five differences between a commercial bank and the central bank of a country. This Paper consists of 3 printed pages Page-2 [5] [5] [Turn Over] Question 9 (a) Explain five functions of Central Bank. (b) Discuss any five uses of a Budget to a business enterprise. [5] [5] Question 10 The following balances are extracted from the books of Mr Satish Chand on March 31, 2010. [10] Debit (Rs.) Capital -- Building 3,00,000 1,60,000 Furniture Credit (Rs.) 30,000 Machinery 1,40,000 Stock 1,00,000 Wages 1,40,000 Power 20,000 Carriage 16,000 Rent & Rates 24,000 Salaries 70,000 Insurance 10,000 Bank Charges 2,000 Bad Debts 10,000 Income Tax 4,000 Purchases & Sales 3,00,000 6,80,000 Bills of Exchange 40,000 60,000 4,000 ---- --- 40,000 30,000 20,000 11,00,000 11,00,000 Cash in Hand Bank Overdraft Returns Closing stock was valued at Rs.1,20,000. ********************* This Paper consists of 3 printed pages Page-3 [Turn Over]

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