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ICSE Class X Board Exam 2023 : Commercial Studies

7 pages, 42 questions, 0 questions with responses, 0 total responses,    2    0
Dk Saraff
St. Helen's School, Howrah
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COMMERCIAL STUDIES Maximum Marks: 80 Two hours Time allowed: Answers Paper must be to this You will not This time written be spent in The time givenat the head ofthis Paper paper provided separately. reading is the 15 minutes. the question paper. time allowed forwriting the answers. A and any fourquestions from SectionB. Attempt all questions from Section The the write during the first be allowedto is to on marks for questions or parts ofquestionsare givenin intended [ J brackets SECTION A (40 Marks) (Attemptall questions from Question Choose the correct ) Heavy answer to expenditure the questions on advertisement Revenue Expenditure (6) Capital Expenditure (c) Deferred (d) Miscellaneous Expenditure regulations of the (a) Suppliers (b) Government (c) Associates (d Owners business is classified as: organization to follow the laws and country. This paperconsists of 631 answersonly.) Revenue Expenditure expect the (ii) [16] from the givenoptions. write the correct (a) Copyright Section) 1 Do not copy the questions, T23 this 7 printed pages and 1 blank page. Turn Over reserved. (ii) Adulteration means Giving less (b) Charging unreasonably (d) quantity ofharmful Keeping away (iv) a consumer by: of a product (a) ()Mixing (V) cheating high prices substances information is an example in the product from the consumers of Capital Expenditure. (a) Land and (b) Rent (c) Repairsand maintenance (d) Interest building on loan he budget that forms the revenue goals of an fundamentalbasis ofallbudgets and lays down the enterprise is the: (a) Purchase Budget (6) SalesBudget (c) Cash Budget (d) ProductionBudget (vi) is the process ofcarefully most (vii) choosethe suitable persons for the job. (a) Recruitment (b) Selection (c) Training (d) Development The fastest mode of transport (a) Airways (b) Waterways (c) Railways (d) Roadways T23 631 screening the candidates to for light weight 2 goods of high value is: (vii) Commercial (a) transactions in which an order is placed electronically is: NEFT (b) E-Commerce (ix) (c) RTGS (d) Retailing Internal stakeholders (a) do N0T consist of Suppliers (b) Employers (c)Employees (d) (x) Shareholders The consumer's right arehazardous to life to and be protected against the marketing is property (a) Right to (b) Right to seek redressal of goods which safety C)Right tobe heard (d) Right to be informed (xi) Rent received by a business firm (a) Revenue receipt (b) Capital (c) Capital expenditure is an example of: receipt (d) Deferred revenue expenditure (xii) T23 Any tangible (a) Price (b) Service (c) Product (d) Sales 631 material offered for sale and which can be replaced is a wars 3 Turn Over (Nii) (xiv) Two popular mobile wallets are (a) Swiggy and Zomato (b Instagram (c) Google Pay and Paytm (d) RTGS and NEFT Ihe insurer ones. This and Snapchat is liable is uninsured for insured perils the principle (a) Indemnity (b) Utmost good (c) Subrogation only and forunexpected not for of: faith (d) Causa Proxima (xv) (xv) Bank The Chiefof the Reserve (a) (b) of India is called: The Governor The Chairman (c) The FinanceSecretary (d) The President for (xvi) Warehouses licensed storage of dutiable (a) (b) (c) (d) T23 631 Private and established by the government goods are called: warehouses Bonded warehouses Public warehouses Cold storages 4 specifically Question2 Write any wo differences between: () Central (i) Advertising (ii) Capital (iv) and Sales promotion and Revenue Debit card and Question 2 Bank and Commercial Bank (2 Receipts (21 Credit card (2 3 i) What is Social Advertising (i) What is Recruitment? (ii) What iv) Mention any two Question is 2 Media? (21 a Budget? (21 expectations (2 of Employees 4 2 () What is ii) What is Pricing? (i) Define Fixed Costs with an example. (iv) Briefly explain an Overdraft? 2 121 2 Health Insurance. SECTIONB (40 Marks) (Atemptany four questions from this Section.) ) Question 5 Mention two merits and three demerits of Road (ii) Transport. Write short notes on: (a) Debentures (b) False Accounting Fraud T23 631 5 Turn Over 6 Question Describe Explain any wo functions the following of the Consumer Central 5] Bank. Rights: (ii) (a) Right (b) Right to be Informed to Seek Redressal 7 Question ) i) Explain Resource Planning. modules of Enterprise any two the (Any fivepoints) of importance Warehousing. the an example of Training. Give two methods Explain 8 Question ) Explain i) Mention Question the ofInternal two sources notes Write short (a) b) T23 631 of distinction and between a Product 9 Describe (i) five points IMPS Direct Costs on: foreach. Recruitment. a Service. Question 10 Prepare 31st a Trading, Profit and Loss Account of March, 2022 and a Balance Sheetas on Particulars 31st XYZ, for the ending on year March, 2022. Amount (Dr.) Rs. Amount (Cr.)Rs. Capital 1,00,000 Furniture 20,000 Purchases 1,50,000 Debtors 2,00,000 InterestReceived Salaries 4,000 30,000 Sales 3,21,000 Purchase Returns Wages S,000 20,000 Rent 15,000 SalesReturn 10,000 Carriage outwards 7,000 Creditors Printing 1,26,000 and Stationery Insurance Opening Stock Office Expenses 8,000 12,000 50,000 12,000 Bank Overdraft Drawing 2,000 24,000 5,58,000 Total Closing Stock was.valued atRs.60,000 on 31s March, 2022. T23 631 5,58,000 [10]

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