Question Paper - Organisation of Commerce and Management 2014 - 2015-H.S.C-12th Board Exam Maharashtra State Board (MSBSHSE)



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SubjectOrganisation of Commerce and Management
Year2014 - 2015 (March)

Marks: 80
Q: 1[15]
Q: 1.1 | Select the proper option from the options given below and rewrite the sentences[5]
Q: 1.1.1[1]

Indian Partnership Act was passed in the year...............................

  1. 1932
  2. 1923
  3. 1942
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Q: 1.1.2[1]

In India railways are owned and managed by......................................

  1. Private companies
  2. Government
  3. Individuals
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Q: 1.1.3[1]

Staffing is concerned with.................................

  1. Physical factor
  2. Financial factor
  3. Human factor
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Q: 1.1.4[1]

Businessmen are .......................... of the society.

  1. Representatives
  2. Members
  3. Trustees
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Q: 1.1.5[1]

National Commission has .............................. members in addition to the Chairman.

  1. 2
  2. 3
  3. 4
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Q: 1.2 | Match the correct pairs[5]
 Group'A' Group 'B'
aSole trader1Insurable interest
bLife insurance2Branch of Social Science
cBusiness ethics3Local market
dHenry Fayol4Father of scientific management


5Principle of indemnity
  6Father of modem management
  7Primary function of management
  8To earn profit
  9Last function of management
  10National market
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Q: 1.3 | Write a word or phrase or term which can substitute the following statements[5]
Q: 1.3.1[1]

A partner who gives only his name to the partnership firm.

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Q: 1.3.2[1]

The term derived from the terms ‘e-mail’ and ‘e-commerce.

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Q: 1.3.3[1]

The right of consumer which allows him to express his views.

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Q: 1.3.4[1]

The principle of management explaining about fair payment to workers.

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Q: 1.3.5[1]

The form of electronic currency that exists only in cyberspace.

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Q: 2 | Distinguish between the following (Any THREE)[15]
Q: 2.1[5]

Joint Hindu Family firm and Joint Stock company.

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Q: 2.2[5]

Bonded warehouse and Duty paid warehouse.

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Q: 2.3[5]

District Forum and State Commission.

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Q: 2.4[5]

Organising and Coordinating.

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Q: 2.5[5]

Cooperative society and Partnership firm

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Q: 3 | Write short notes on the following (Any THREE)[15]
Q: 3.1[5]

Features of sole trading concern.

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Q: 3.2[5]

Any ‘five types’ of banks.

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Q: 3.3[5]

Advantages of e-business.

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Q: 3.4[5]

Any ‘five cases’ (needs) of social responsibilities of business.

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Q: 3.5[5]

Nature of principles of management.

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Q: 4 | State with reasons whether the following statements are True or False (Any THREE)[15]
Q: 4.1[5]

In partnership the liability of partners of a firm is unlimited.


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Q: 4.2[5]

Cash can be withdrawn from ATM at any time.

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Q: 4.3[5]

Business organisation is not responsible to control pollution.

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Q: 4.4[5]

In India Consumer Protection Act is not required.

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Q: 4.5[5]

Training broadens the vision of entrepreneurs.

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Q: 5 | Attempt the following (Any TWO)[10]
Q: 5.1[5]

State the advantages of Road Transport.

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Q: 5.2[5]

State the working of a Payment Gateway.

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Q: 5.3[5]

State the responsibilities of consumers.

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Q: 5.4[5]

State the principles of Scientific Management.

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Q: 6 | Attempt any ONE[10]
Q: 6.1[10]

Define 'partnership firm'. Explain its merits and demerits.

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Q: 6.2[10]

Define ‘planning’. Explain its importance.

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