cisce.org : ICSE Commercial Studies Question Paper Council For Indian School Certificate Examinations

Orgnisation : Council For Indian School Certificate Examinations
Exam :ICSE (Class X) Commercial Studies
Document type : Question Paper
Website : cisce.org

Download Sample/Model Question Papers :https://www.pdfquestion.in/uploads/cisce.org/5889-Commercial%20Studies.pdf

Commercial Studies Question Paper :

(Two hours)
Answers to this Paper must be written on the paper provided separately.

Related : Council For Indian School Certificate Examinations ICSE/ ISC Geography Question Paper : www.pdfquestion.in/5887.html

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 :
Distinguish between :
(a) Income & Expenditure Account and Profit & Loss Account. [2]
(b) Capital Expenditure and Revenue Expenditure. [2]
(c) Direct cost and Indirect cost. [2]
(d) Advertising and Sales promotion. [2]
(e) Formal communication and informal communication. [2]

Question 2 :
(a) List any two qualities of a good salesman. [2]
(b) Explain the term Deferred Revenue Expenditure. [2]
(c) List two features of Receipts and Payments Account. [2]
(d) What is ATM? What is its need? [2]
(e) Give any two merits of water transportation. [2]

Question 3 :
(a) What is Budgeting? [2]
(b) Explain any two sources of external recruitment. [2]
(c) Give any two differences between internal and external stakeholders. [2]
(d) Differentiate between a credit card and a debit card. [2]
(e) Name any two eco friendly technologies. [2]

Question 4 :
(a) Give any two advantages of crossing a cheque. [2]
(b) Name any two methods of market research. [2]
(c) Give any two barriers to effective communication. [2]
(d) Give any two rights of consumers. [2]
(e) What is Chipko Movement? [2]

SECTION B : (40 Marks)
Attempt any four questions from this Section
Question 5 :
(a) Explain three documents used in Warehousing. [6]
(b) Explain four Code of Conduct of the advertiser. [4]
Question 6 :
(a) Explain any two types of selection tests. [5]
(b) Write a short note on: Role of Trade Union. [5]

Question 7 :
(a) Explain the expectations of any two types of stakeholders of a company. [4]
(b) Make a comparative analysis of rail and road transport. [6]
Question 8 :
Define Insurance. Explain any four principles of insurance. [10]

Question 9 :
(a) Explain five functions of Central Bank. [5]
(b) Suggest any five steps which a business organization can take to improve the environment. [5]

Question 10 :
Prepare the final accounts of Mr. David for the year ended 31-03-08 from the following trial balance [10]
Debit (Rs.) Credit (Rs.)
** Stock as on 1-04-07 15,200
** Capital & Drawings 5,000 70,000
** Machinery 40,000

** Purchases & Sales 80,000 1,50,000
** Debtors and Creditors 30,000 25,000
** Wages 20,000

** Salaries 15,000
** Furniture 30,000
** Rent 5,000

** Carriage on purchases 10,000
** Discounts 2,000 1,200
** Carriage on sales 5,000

** Commission received 5,000
** Returns 5,000 7,000
** Bills receivable and bills payable 10,000 10,000

** Cash in hand 3,000
** Bank overdraft 7,000
2,75,200 2,75,200
Closing stock was valued at Rs.25,000.

Syllabus :
1. Introduction to commercial organization :
(a) Human activities Meaning and types – Economic and non economic activities – classification of economic activities – business, profession and employment. Comparison between economic and non-economic activities.

(b) Business activities Meaning and characteristics. Types of business activities – industry – classification of industries on the basis of products.

Commerce – types of commerce – trade and aids to trade. Brief description on various types of trade and aids to trade. Inter relationship between industry, commerce and trade needs to be covered.

(c) Non-profit seeking organizations Meaning and types, comparison between profit seeking and non-profit seeking organisations.

(d) Ownership structures of commercial organization Sole proprietorship, partnership, Hindu undivided family business, joint stock company, co-operative society, public sector enterprise.

(Brief introduction to each ownership structure and its features only. Types, comparison between different ownership structures and their merits and demerits need not be covered).

2. Understanding the functions of a commercial organization :
The following topics should be studied as departments in a typical firm only
(a) Marketing and Sales.
(b) Finance and Accounting.
(c) Human Resources (personnel, training).

(d) Production.
(e) Purchasing and Stores.
(f) General Administration and Legal.