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Board Paper of Class 12-Commerce 2009 Business Studies (SET 1) - Solutions

General Instructions:
(i) All questions are compulsory.
(ii) Figures to the right indicate full marks for the questions.
(iii) Figures to the left indicate question numbers.
(iv) Write answer of every new question on a new page.
  • Question 1

    Q.1 (A) Select the proper option from the options given below and rewrite the sentences:
                                                                                                                                               [5 Marks]

    (1) The liability of Sole trader is  ........................ .

    (a) Unlimited

    (b) Joint

    (c) Limited

    (2) ....................... means linking National economy to the world economy.

    (a) Globalisation

    (b) Privatisation

    (c) Liberalisation

    (3) To maintain industrial peace is the responsibility of  ......................

    (a) Businessmen

    (b) Government

    (c) Shareholders.

    (4) National Commission is established by ...........................

    (a) Sate Government

    (b) Central Government

    (c) Universal

    (5) Management principles are ............................... in nature.

    (a) Static

    (b) Limited

    (c) Universal

    VIEW SOLUTION
  • Question 2

    Q.1 (B) Match the correct pairs :                                                                                  [5 Marks]

    Group ‘A’
    Group ‘B’
    (a) Co-operative Society (1) Head of Department
    (b) Consumer Movement (2) Application of rules
    (c) Administration (3) Unity of Command
    (d) Discipline (4) Profit motive
    (e) Staffing (5) Departmentation
        (6) 1920
        (7) Right man for right job
        (8) Board of Directors
        (9) Service motive
        (10) 1930
    VIEW SOLUTION
  • Question 3

    Q.1 (C) Fill in the blanks and rewrite the sentences :                                        [5 Marks]

    (1) Minimum ........................... members are required to form Private Limited Company.

    (2) For a business concern ................... should be the means and not an end.

    (3) ......................... is an International Consumers' Day.

    (4)  At the ......................... level management personnel are few.

    (5) ........................... are the extreme events which cause great loss to life and property.
    VIEW SOLUTION
  • Question 4

    Q.2. Write short notes : (Any Three)                                            [15 Marks]

    (1) Need of Privatisation.

    (2) Social responsibilities of Business Organisation towards Shareholders.

    (3) Importance of Co-ordinating.

    (4) Importance of Total Quality management.

    VIEW SOLUTION
  • Question 5

    Q.3 Distinguish between the following : (Any Three)                                        [15 Marks]

    (1) Partnership Firm and Joint Stock Company.

    (2) District Forum and State Commission.

    (3) Administration and management.

    (4) Controlling and Planning.

    VIEW SOLUTION
  • Question 6

    Q.4 State with reasons whether the following statements TRUE and FALSE : (Any THREE)                    [15 Marks]

    (1) Maximisation of profit is the object of a Co-operative Society.

    (2) Consumer movement aims at protection of consumer interest.

    (3) Professional management is full-fledged profession.

    (4) Management is an Art, Science and Profession.

    VIEW SOLUTION
  • Question 7

    Q.5 Write short answers : (Any Two)                                        [10 Marks]

    (1) State the importance of Business Environment.

    (2) Explain any Five management principles of Henry Fayol.

    (3) State the importance of Disaster Management.
    VIEW SOLUTION
  • Question 8

    Q.6 Define Sole Trading Concern and Explain its merits and demerits.                              [10 Marks]

    OR

    Explain Joint Hindu Family business. What are its features?.

    VIEW SOLUTION
  • Question 9

    Q.7 What is Management ? Explain its nature.                                        [10 Marks]   

    OR

    Define Controlling and state the importance of controlling.

    VIEW SOLUTION
  • Question 10

    Q.8 Explain the social responsibilities of Commercial Organisations towards Employees and Customers.                              [10 Marks]

    VIEW SOLUTION
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