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SECOND PRELIM EXAMINATION 2015-16 Std: X Date: 11/01/16 Subject:COMMERCE Marks: 80 Dur. : 2hrs Attempt all questions from Section A and any four questions from Section B. Section A (40 Marks) Attempt all questions from this Section. Question 1 Distinguish between: a) b) c) d) e) Central bank and commercial bank. Fixed cost and Variable cost. Receipts and Payments Account and cash Book. Open cheque and crossed cheque. Advertising and publicity. 2 2 2 2 2 Question 2 a) b) c) d) e) State two objectives of sales promotion. What is standardization? State two advantages of direct advertising. Marketing research is the intelligence service of business . Comment Explain Deferred Revenue Expenditure . 2 2 2 2 2 Question 3 a) b) c) d) e) What do you mean by capital expenditure? 2 All human beings have a moral duty to protect and preserve the environment . Justify 2 Write any two expectations of the General Public or Society from a Business Enterprise.2 List two features of Income and expenditure account. 2 Explain Beej Bachao Andolan awareness programme. 2 Question 4 a) b) c) d) e) Give two advantages of marketing research. 2 List two features of a non-trading organisation. 2 What do you understand by controllable and uncontrollable cost? 2 Why was the Consumer Protection Act passed? 2 The Preliminary interview is beneficial to both the employer and the candidate . Comment2 Section B (40 marks) Attempt any four questions from this Section. Question 5 a) Effective communication has been essential for success in Business. Comment. b) Explain the functions of warehouses. Question 6 Page 1 of 2 6 4 a) Why is marketing essential for the success of a business organization? Give four reasons to support your answer. 4 6 b) Explain the importance of personal selling. Question 7 a) Explain four steps involved in marketing research process. b) What is a budget? Discuss any five uses of a budget to a business enterprise. 4 6 Question 8 a) Briefly explain any three principles of an insurance contract. b) Discuss any four problems faced by trade union in India. 6 4 Question 9 a) Explain the role of commercial banks in the economic development of a country. b) Give the meaning of internal sources of recruitment and state the advantages and disadvantages of it. (2 each) 5 5 Question 10 From the following Trail Balance of Mr Suresh Mahi, prepare Trading, Profit and Loss Account for the year ending 31st march 2009 and balance Sheet as on that date. 10 Particulars Opening stock Amount Rs. 35,000 Particulars Capital Amount Rs. 56,330 Purchase 80,000 Sales 1,73,150 Discounts 3,500 Discounts 8,000 Debtors 40,000 Creditors 20,000 Bed debts 500 Bank overdraft 40,000 Cash in hand 5,000 Commissions 3,620 Machinery 30,000 Interest on Investment 3,000 Salaries Carriage Inwards 7,000 1,000 Wages 4,000 Investments 20,000 Land and building 70,200 Commissions 1,400 Electricity 2,000 Rent 3,000 insurance 1,500 3,04,100 Closing stock was valued at cost Rs. 25000. 3,04,100 Page 2 of 2
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