National Commerce Olympiad Class XII Sample Question Paper : ncofindia.org

Organisation : National Commerce Olympiad Foundation
Exam : National Commerce Olympiad
Document Type : Sample Question Paper
Year : 2014
Category : Class XII

Website : http://www.ncofindia.org/demo_question.php
Download Model Question Paper :
Maths Papers :  https://www.pdfquestion.in/uploads/9170-Class-12-Math.pdf
English Papers : https://www.pdfquestion.in/uploads/9170-Class-12-Eng.pdf
Economics Papers : https://www.pdfquestion.in/uploads/9170-Class-12-Eco.pdf
Commerce Papers : https://www.pdfquestion.in/uploads/9170-Class-12-Com.pdf
Aptitude Papers : https://www.pdfquestion.in/uploads/9170-Class-12-Apti.pdf

NCO Olympiad Class XII Sample Question Paper

Maths

1. If A and B are two matrices such that A+B and AB are both defined, then
(a)A and B are the two matrices not necessarily of same order

Related / Similar Question Paper :
NCOF Class XI Question Paper

(b) A and B are square matrices of same order
(c)Number of columns of A = number of rows of B
(d)None of these

2. If the value of a third order determinant is 11, then the value of the square of the determinant formed by the co-factors will be
(a)11
(b)121
(c)1331
(d)14641

3. The probability that at least one of the events A and B occurs is 0.7 and they occur simultaneously with probability 0.2 Then P( A) + P(B) =
(a) 1.8
(b)0.6
(c)1.1
(d) 1.4

4. 3 mangoes and 3 apples are in a box. If 2 fruits are chosen at random, the probability that one is a mango and the other is an apple is
(a) 3/5
(b) 5/6
(c) 1/36
(d) none of these

English

Q. Arrange sentences A,B,C,D in a proper sequence so as to make a coherent paragraph.
1. A –An associated facet of successful companies has been their readiness to operate on the basis of global competition.
B-The first element of success has been a change in the mindset of the top management and an acceptance that competition is inevitable.
C-What has taken it for companies to convert a potential threat into an opportunity to take on market leadership?
D-Crossing this mental barrier has been a tough task for companies.
(a)CADB
(b)CDBA
(c)ABCD
(d)DABC

2. A-It has been suggested that their social life is in response to the two fundamental instincts : aggression and imitation.
B-The mass migrations of the Rocky Mountain and the African species of locust seen attributable to the need for food.
C-While fish return to the same stream where they grow up, such migrations are rare.
D-Insects make long migrations , most of which seem due to the urge for food.
(a)ACDB
(b)BADC
(c)ADCB
(d)DBCA

Q. Choose the best fitted word(s) for the blank-
3. To this day, an area of darkness for most indigenous corporate managements is __________ performance – related incentives.
(a)generous
(b)imaginative & driving
(c)money –oriented
(d)performance-driven

4. Of course , one man’s wisdom can be another man’s folly . But then , we are all endowed , aren’t we , to distinguish between ______________ thoughts.
(a)two men s’
(b)desires and
(c)action and
(d)wise and foolish

Q. A part of the sentence is underlined .Given below are four different ways of phrasing it. Choose the most appropriate alternative.
5. If the books have been catalogued last week , why haven’t they been placed on the shelf?
(a)have catalogued
(b)would have been catalogued
(c)was catalogued
(d)were catalogued

Economics

1. If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
A. Rs. 50,000 cr
B. Rs. 25,000 cr
C. Rs. 1,00,000 cr
D. Rs. 1,25,000 cr

2. Fiscal deficit in the Union Budget means
A. The difference between current expenditure and current revenue
B. Net increase in Union Governments borrowings from the Reserve Bank of India
C. The sum of budgetary deficit and net increase in internal and external borrowings
D. The sum of monetized deficit and budgetary deficit

3. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
A. Change in quantity of money – change in investment – change in employment and output – change in rate of interest – change in price level
B. Change in quantity of money – change in employment and output – change in investment – change in the rate of interest – change in price level
C. Change in quantity of money – change in investment – change in rate of interest – change in employment and output – change in price level
D. Change in quantity of money – change in rate of interest – change in investment – change in employment and output – change in price level

4. As long as the principle of diminishing marginal utility is operating, any increased consumption of a good
A. Lowers total utility.
B. Produces negative total utility.
C. Lowers marginal utility and, therefore, total utility.
D. Llowers marginal utility, but may raise total utility.

Commerce

1Q- A and B are partners having capital of Rs. 50,000 and Rs.60,000 respectively. Interest on capital is given @ 5% p.a.. Profits for the year before appropriation is Rs.4,600 provide interest on capital out of profits. Increase allocated to partners is:
(a) Rs.3,000 and Rs.2,500
(b) Rs.2,090 and Rs. 2,509
(c) Rs.2,500 and Rs.2,091
(d) Rs.600 and Rs.300

2Q- Under Capitalization basis goodwill is calculated by
(a)Average profits x years of purchase
(b)Super profits x years of purchase
(c)Total of the discounted value of expected future benefits
(d)Super profit divided with expected rate of return

3Q- What would be the amount of actual average profile if goodwill is valued Rs.98,000 at 5 years purchase of super profile, normal rate of return is 10% and average capital employed s Rs.5,00,000 ?
(a) Rs.69,6000
(b) Rs.1,48,000
(c) Rs.4,40,000
(d) Rs.48,000

4Q- A and B are partners of a firm sharing profits in the ratio of 3:2. C was admitted for 1/5th share of profit. Machinery would be appreciated by 10% (book value Rs.80,000 ) and building would be depreciated by 20% (Rs.2,00,000). Unrecorded debtors of Rs.1,250 would be bought to books and creditors of Rs.2,750 died and needn’t to pay anything. What will be the profit /loss on revaluation?
(a)Loss Rs.28,000
(b)Loss Rs.40,000
(c)Profit Rs.28,000
(d)Profits Rs.40,000

Aptitude

1Q- Statement and argument
Statement :-If degrees are delinked with jobs, boys will think thrice before joining college.
Assumptions:
(I) student join college education for setting jobs
(II)A degree is of no use for getting jobs.
Give your answer as :
(a) If only assumption ‘I’ is implicit
(b) If only assumption ‘II’ is implicit.
(c) If either I or II is implicit.
(d) can’t determine.

2Q Statement-should school education be made free in India?
Arguments:
(I)yes, this is the only we to improve the level of literacy.
(II)No, it will add to the already heavy burden on the exchequer.
Give your answer as :
(a)If only argument I is strong.
(b)If only argument II is strong.
(c)If either I or II are strong.
(d)If neither I nor II is strong.

3Q- Statement and assumption
Statement:-If we need to boost our exports, we can’t ignore our ports”. An economic analyst.
Assumption:
(I) Our ports are in a good shape.
(II) Our ports not in good shape.
(a)If only assumption ‘I’ is implicit.
(b)If only assumption ‘II’ is implicit.
(c)If either I or II is implicit.
(d)if neither I nor II is implicit