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ICSE Class X Mid-term 2025 : Commercial Studies

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Taronish Mullan
Villa Theresa High School (VTS), Mumbai

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llilla m:oeresa l,igb ~cbool Std. X First Term Examination - September 2024 Time: 2 hrs. COMMERCIAL STUDEIS Marks: 80'.___J Sub'ect: .....::~:.:..:..: ~::.:.:.:::::.::. .:....:.:::....:: :..:....:::~~~- -----_..::~~~ Date: ___;_....:......._ _ _ _ _ _ _~~.:::.=.::.:.. _ _5.9.2024 (,...._ 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 will 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 the brackets [] SECTION A (Attempt all questions from this Section) Question 1 Choose the correct answers to the questions from the giv~n options. (Do not copy the questions, write the correct answers only) (161 a) b) c) d) What is the term used to calculate the cost of producing one additional product unit? Fixed Cost Variable Cost Semi-variable Cost Total Cost a) b) c) d) Which type of market structure is characterized by a single seller and high barriers to entry? Perfect Competitio n Monopolistic Competitio n Oligopoly Monopoly i) ii) iii) Which of the following best descril:-es the term cash flow'? The total amount of cash a company has in hand. a) The movement of cash into and out of a business. b) The amount of cash invested in fixed assets. c) The cash available after paying all expenses. d) iv) a) b) c) d) Which of the following is considered a consumer right under the Consumer Protection Act? The right to receive a guarantee of lifetime product performance. The right to be informed about the quality, quantity, potency, and price of goods or services. The right to receive compensation for all types of product defects without proving any fault. The right to choose to purchase only from certain brands. A company is considering a merger with another firm. Which stakeholder group would most likely be concerned about how this merger will affect the company's long-term strategy and direction? Customers a) Suppliers b) Employees c) Government d) Contd ... 2 v)

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