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ICSE BOARD 2015: Commercial Applications

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RISHABH PANESAR
Ryan International School, Sanpada, Navi Mumbai
XI-XII Science

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COMMERCIAL APPLICATIONS (Two hours) Answers to this paper must be written on the paper provided separately. You will not be allowed to write during the first 15 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. Attempt all questions from Section A and any four questions from section B. 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 Give one difference between each of the following: (a) Current assets and fixed assets. [2] (b) Personal selling and Sales promotion. [2] (c) Television advertising and newspaper advertising. [2] (d) Controllable costs and uncontrollable costs. [2] (e) Off the job training and on the job training. [2] Question 2 (a) What is a fixed deposit? [2] (b) Explain two major functions of a Commercial Bank. [2] (c) What are variable costs? [2] (d) What happens to a product in the decline stage of its life cycle? [2] (e) State one difference between cash credit and overdraft. [2] Question 3 (a) What is the concept of selection for assigning a job in an organization? [2] (b) Give one difference between a product and a service. [2] (c) State two disadvantages of using external sources of recruitment. [2] 136 ICSE Specimen Question Paper

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