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12th Standard English Medium Commerce Reduced Syllabus Public Exam Model Question Paper with Answer key - 2021

12th Standard

    Reg.No. :
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Commerce

Time : 02:45:00 Hrs
Total Marks : 90

    Part I

    Answer all the questions.

    Choose the most suitable answer from the given four alternatives and write the option code with the corresponding answer.

    20 x 1 = 20
  1. The art of management is fully reflected in the _______ capacity of a manager.

    (a)

    professional association

    (b)

    separate discipline

    (c)

    decision-making

    (d)

    co-ordination

  2. Which of the following is not a main function?

    (a)

    Decision-making

    (b)

    Planning

    (c)

    Organising

    (d)

    Staffing

  3. Which market facilitates capital formations?

    (a)

    Primary market

    (b)

    Secondary market

    (c)

    Debt market

    (d)

    Money market

  4. A major player in the money market is the ______

    (a)

    Commercial Bank

    (b)

    Reserve Bank of India

    (c)

    State Bank of India

    (d)

    Central Bank.

  5.   List I   List II
    i) NSE 1) National Stock Exchange of India
    ii) OTCEI 2)

    Over The Counter Exchange of India

    iii) ISE 3) Inter connected Stock Exchange of India Ltd
    iv) SBTS 4) Screen Based Trading SYstem
    (a)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (b)
    (i) (ii) (iii) (iv)
    4 3 2 1
    (c)
    (i) (ii) (iii) (iv)
    2 4 1 3
    (d)
    (i) (ii) (iii) (iv)
    1 3 2 4
  6. The objectives of HRM are categorised as

    (a)

    personal objectives

    (b)

    functional objectives

    (c)

    organisational and social objectives

    (d)

    all of the above

  7. Recruitment bridges gap between ____ and ______

    (a)

    job seeker and job provider

    (b)

    job seeker and agent

    (c)

    job provider and owner

    (d)

    owner and servant

  8. _________can be defined as process of choosing the right person for the right job.

    (a)

    Selection

    (b)

    Recruitment

    (c)

    Training

    (d)

    None of these

  9. A company's products and prices is visually represented by

    (a)

    Shopping cart

    (b)

    Web portal

    (c)

    Electronic catalogue

    (d)

    Revenue model

  10. ________ people have less money at their disposal.

    (a)

    American

    (b)

    China

    (c)

    Indian

    (d)

    None of these

  11. Satisfaction of consumer needs is stated to be supreme objective of a

    (a)

    business

    (b)

    industry

    (c)

    commerce

    (d)

    economics

  12. The number of official and non-official members in District consumer Protection council is prescribed by

    (a)

    Central government

    (b)

    State government

    (c)

    Governor-of the state

    (d)

    State High court

  13. VUCA stands for ________, _________, ________.

    (a)

    Volatility, Uncertainty, Complexity and Ambiguity

    (b)

    Volatility, Uncertainty, Complexity and Ambiguity

    (c)

    Vision, Uncertainty, Corporate Governance and Ambiguity

    (d)

    Volatility, Uncertainty, Consumer and Ambiguity

  14. Which of the following is not derived from globlisation?

    (a)

    The fragmentation of consumer taste between countries

    (b)

    The competitive process

    (c)

    The need to gain economies of scale

    (d)

    none of these

  15. Unpaid seller can exercise his right of lien over the goods, where he is in possession of the goods as

    (a)

    Owner of goods

    (b)

    Agent of buyer

    (c)

    Bailee for buyer

    (d)

    All of these

  16. Which of the below is not classified into managerial functions?

    (a)

    Planning

    (b)

    Marketing

    (c)

    Organizing

    (d)

    Controlling

  17. Rural entrepreneurs are start a business in

    (a)

    rural locations

    (b)

    towns

    (c)

    cities

    (d)

    none of the above

  18. _____ should cover aspects like sources of finance, technical know-how, source of labour and raw material, market potential and profitability.

    (a)

    Technical Report

    (b)

    Finance Report

    (c)

    Project Report

    (d)

    Progress Report

  19. A copy of the __________ must accompany each from of application for shares offered to the public.

    (a)

    Memorandum of Association

    (b)

    Prospectus

    (c)

    Articles of association

    (d)

    None of the above

  20. Who is not entitled to speak at the annual general meeting of the company.

    (a)

    Auditor

    (b)

    Shareholder

    (c)

    Proxy

    (d)

    Director

  21. Part II

    Answer any 7 questions. Question no. 30 is compulsory.

    7 x 2 = 14
  22. What are the functional area of management?

  23. What do you mean by MBO?

  24. What is debt market?

  25. Who are the subscribers of certificate of deposits?

  26. What is the stock trading time in India?

  27. What is Human Resource Management?

  28. What is intelligence test?

  29. Write a note on 'Artificial Scarcity'.

  30. Write a note on Arrangement of finance.

  31. What do you mean by first Director?

  32. Part III

    Answer any 7 questions. Question no. 40 is compulsory.

    7 x 3 = 21
  33. Is management an Art or Science?

  34. Discuss about evolution and growth of Indian Capital Market.

  35. Explain National Stock Exchange. (NSE).

  36. What is meant by Insiders trading?

  37. What are the methods of recent trend in recruitment?

  38. What is aptitude test?

  39. List down the functions of marketer.

  40. Who can make complaint?

  41. State the framework of Corporate Governance in India.

  42. Write a short note on
    (i) Issue of shares at par
    (ii) Issue of securities at discount

  43. Part IV

    Answer all the questions.

    7 x 5 = 35
    1. Explain the primary functions of management 

      OR secondary functions of Management

    2. Explain the process of MBO. (Any seven)

    1. Differenciate between the Money Market and Capital Market

    2. Briefly explain the important stock exchanges in the world. (any six).

    1. What are the functions of SEBI?

    2. Elaborate on the Managerial functions of Human Resource Management.

    1. Explain the indirect external sources of recruitment.

    2. Briefly explain the various types of tests

    1. Explain any five methods of on-the-job training.

    2. Explain the advantages and disadvantages of E-marketing

    1. Discuss in detail the features of a cheque.

    2. What are the differences between salaried employment and self-employment?

    1. Describe the steps promoting Entrepreneurial venture.

    2. Explain the Non-statutory functions.

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