ISC COMMERCE SAMPLE PAPER YEAR-2021

COMMERCE SAMPLE PAPER

Class-12std

(Maximum Marks: 80)

(Time allowed: Three hours)

(Candidates are allowed additional 15 minutes for only reading the paper.

They must NOT start writing during this time.)

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Answer Question 1 from Part I and any five questions from Part II.

The intended marks for questions or parts of questions are given in brackets [ ].

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PART I of COMMERCE SAMPLE PAPER (20 Marks)

Answer all questions.

Question 1                                                                                                                  [10× 2]

Answer briefly each of the questions (i) to (x).

(i) What is meant by Macro Environment?

(ii) What is the importance of finance to a business concern?

(iii) Name the elements of physical distribution.

(iv) Define Management as a process.

(v) Explain the principle of Authority and Responsibility, as laid down by Henry Fayol.

(vi) What is a Demand Draft?

(vii) State any two features of marketing.

(viii) Give two points of difference between training and development.

(ix) State two types of products.

(x) Mohan purchased a Diesel Car for Rs.77 Lakhs from an automobile Company and found its engine to be defective. Despite many complaints, the defect was not rectified. Suggest the appropriate authority where Agrim under his right as a consumer, could file a complaint.

PART II of COMMERCE SAMPLE PAPER (60 Marks)

Answer any five questions.

Question 2

(a) Explain three disadvantages of Preference shares from the investors’ point of view.                                 [3]

(b) Effectiveness of leadership depends on the qualities of the Leader. Explain any four qualities that a good  leader should possess.        [4]

(c) Explain the importance of Business Environment in shaping the future of a business.                              [5]

Question 3

(a) Give three differences between advertising and personal selling.                                                               [3]

(b) Explain any four features of a budget.                                                                                                                   [4]

(c) You are the finance manager of a newly established company. The Directors have asked you to determine the amount of fixed capital requirement for the company. Explain any five factors that you will consider while determining the fixed capital requirement for the company.    [5]

Question 4

(a) “Organising is an important function of management.” Give three points in support of this statement.             [3]

(b) What is social environment? Enumerate any three components of social environment.                             [4]

(c) Briefly discuss any five features of principles of management.                                                                 [5]

Question 5

(a) What are the objectives of personal selling?                                                                                                           [3]

(b) Explain the following:                                                                                                                                                        [4]

(i) SMS alerts

(ii) ATM

(c) Explain any five points of importance of controlling, as a function of management.                                 [5]

Question 6

(a) Distinguish between marketing and selling.                                                                                                            [3]

(b) Explain any four objectives of communication.                                                                                                     [4]

(c) Explain the first five steps involved in the selection of a suitable work force in an organisation. [5]

Question 7

(a) Explain the types of markets on the basis of Subject of Exchange.                                                                        [3]

(b) What is meant by R.T.G.S? Give any two features of R.T.G.S.                                                                  [4]

(c) Management is the dynamic, life giving element in every business. In the context of this statement, explain  the importance of management in modern times.                                                                                                        [5]

Question 8

(a) Give three points of difference between Taylor’s and Fayol’s Principles of Management.                        [3]

(b) Explain four advantages of raising funds from commercial banks.                                                                        [4]

(c) Discuss any five points of importance of marketing.                                                                                             [5]

Question 9

            Write short notes on:

(a) Central Consumer Protection Authority.                                                      [4]

(b) State Consumer Protection Council.                                                                        [4]

(c) District Consumer Protection Council.                                                         [4]

_______________________________________________________________________

ISC COMMERCE SAMPLE PAPER YEAR-2021

COMMERCE SAMPLE PAPER

Class-12std

(Maximum Marks: 80)

(Time allowed: Three hours)

(Candidates are allowed additional 15 minutes for only reading the paper.

They must NOT start writing during this time.)

——————————————————————————————————————–

Answer Question 1 from Part I and any five questions from Part II.

The intended marks for questions or parts of questions are given in brackets [ ].

——————————————————————————————————————–

PART I of COMMERCE SAMPLE PAPER (20 Marks)

Answer all questions.

Question 1                                                                                                                                                                                [10× 2]

Answer briefly each of the questions (i) to (x).

(i) Enumerate the components of macro environment of a business concern.

(ii) What is meant by capital gearing ratio?

(iii) Explain the meaning of gross working capital.

(iv) Distinguish between NEFT and RTGS.

(v) Distinguish between Unity of Direction and Unity of Command.

(vi) Explain the term span of control.

(vii) What are the steps involved in the process of recruitment?

(viii) What is meant by the term place in the marketing mix?

(ix) Explain branding.

(x) What is mobile banking? State any two banking services available on a mobile phone.

PART II of COMMERCE SAMPLE PAPER (60 Marks)

Answer any five questions.

Question 2

(a) Explain any three features of the business environment.                                                                                                         [3]

(b) Discuss in brief any four factors that affect the working capital requirement of a company.                                 [4]

(c) Explain any five rights of consumers as provided under the Consumer Protection Act, 2019.                               [5]

Question 3

(a) What is meant by trade credit? Mention two advantages of trade credit as a short term source of finance.[3]

(b) Explain any four types of debentures through which a Public Limited Company can collect its borrowed capital from the public.                                                                                                                                                                                    [4]

(c) What is retained earning? Explain any two of its merits and two of its demerits.                                                    [5]

Question 4

(a) Distinguish between equity shares and preference shares.                                                                                      [4]

(b) Explain any four facilitating functions of marketing.                                                                                                [8]

Question 5

(a) Write a short note on Consumer Disputes Redressal Commission.(ACT-2019)

[3]

(b) Explain any four merits of borrowing funds from financial institutions.                                                                [4]

(c) Explain any five ways of overcoming barriers to communication.                                                                              [5]

Question 6

(a) Explain any three internal factors of micro environment of a business organization.                                             [3]

(b) Explain the objectives of marketing.                                                                                                                                  [4]

(c) Planning is beneficial to all. In the light of this statement, discuss the importance of planning.                              [5]

Question 7

(a) Differentiate between a functional organization and divisional organization.                                                                       [3]

(b) What is meant by service? Mention three features of service.                                                                                [4]

(c) Coordination is the essence of management. Explain.                                                                                                        [5]

Question 8

(a) What is a market? Explain the meaning of capital market and money market.                                                       [3]

(b) Differentiate between Shares and Debentures. (Any four)                                 [4]

(c) What is meant by indirect channels of distribution? Explain the types of indirect channels of distribution.             [5]

Question 9

Write short notes on:

(a) Motivation as an element of directing.                                                                                                                                [4]

(b) Formal organization.                                                                                                                                                               [4]

(c) Internal sources of recruitment.                                                                                                                                          [4]

Also Check Out: ISC SAMPLE PAPER ECONOMICS CLASS 12 YEAR-2021