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(English Medium) ICSE Class 10 - CISCE Question Bank Solutions for Commercial Studies

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Commercial Studies
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State any two disadvantages of internal recruitment.

[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined

A social security scheme in which both employer and employee contribute 10% of the basic wages every month is ______.

[4.2] Industrial Relations, Trade Unions and Social Security
Chapter: [4.2] Industrial Relations, Trade Unions and Social Security
Concept: undefined >> undefined

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What are public deposits?

[3.5] Sources of Finance
Chapter: [3.5] Sources of Finance
Concept: undefined >> undefined

Discuss the importance of public deposits as sources of medium and short-term finance.

[3.5] Sources of Finance
Chapter: [3.5] Sources of Finance
Concept: undefined >> undefined

Explain the pros and cons of public deposits as a source of business finance.

[3.5] Sources of Finance
Chapter: [3.5] Sources of Finance
Concept: undefined >> undefined

Public deposits are a source of long-term finance.

[3.5] Sources of Finance
Chapter: [3.5] Sources of Finance
Concept: undefined >> undefined

Describe the disadvantages of public deposits.

[3.5] Sources of Finance
Chapter: [3.5] Sources of Finance
Concept: undefined >> undefined

State two advantages of internal recruitment.

[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined

A voluntary payment made by an employer to an employee who retires after long and dedicated services is ______.

[4.2] Industrial Relations, Trade Unions and Social Security
Chapter: [4.2] Industrial Relations, Trade Unions and Social Security
Concept: undefined >> undefined

When the Principal of a school retires, the vice - principal is given her place. Identify which of the following will be true in this context.

  1. The vice-principal is being transferred
  2. The vice-principal will be getting a higher salary
  3. The vice-principal is getting promoted
  4. The vice-principal will be getting the same salary but her designation will change
[4.2] Industrial Relations, Trade Unions and Social Security
Chapter: [4.2] Industrial Relations, Trade Unions and Social Security
Concept: undefined >> undefined

The National Pension Scheme seeks to provide old-age security to the citizens.

[4.2] Industrial Relations, Trade Unions and Social Security
Chapter: [4.2] Industrial Relations, Trade Unions and Social Security
Concept: undefined >> undefined

Write a short note on Social Security.

[4.2] Industrial Relations, Trade Unions and Social Security
Chapter: [4.2] Industrial Relations, Trade Unions and Social Security
Concept: undefined >> undefined

The process of eliminating unqualified and unfit job seekers based on the information supplied by them in their application is called ______.

[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined

______ is the application form to be filled by the candidate when he goes for recruitment process in the organisation.

[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined

______ is a selection test which judges the emotional ability which will help to judge work in group.

[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined

Such tests are designed to determine an individual’s capacity to use his hands and fingers in industrial work.

[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined

It refers to assigning specific jobs to the selected candidates.

[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined

These tests are designed to measure the applicant’s level of knowledge and skill already achieved in a particular trade or occupation.

[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined

Arrange the following steps of staffing in correct sequence.

  1. Preliminary interview
  2. Application form
  3. Tests
  4. Interview
[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined

An organisation has decided to follow a three-tier selection process of appointing Executive Trainees: Aptitude Test (A.T.), Group Discussion (G.D.), and Final Interview (F.I.). Outline the details of this process stating clearly the tasks involved at each stage. 

[4.1] Recruitment, Selection and Training
Chapter: [4.1] Recruitment, Selection and Training
Concept: undefined >> undefined
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