ISC (Commerce) Class 12 - CISCE Important Questions for Business Studies

Define the following business entities:

Partnership

As per the Companies Act, a Public Limited Company should have a minimum number of ______ shareholders.

The Partnership Act limits the maximum number of partners in a non-banking partnership firm to ______.

With reference to business finance, explain the following:

Retained earnings

With reference to business finance, explain the following:

Public Deposits

Briefly explain crowd funding.

Public deposits are deposits made by the public in nationalised banks. 

Read the passage given below and answer the questions that follow.

ABC Ltd. is a hardware manufacturing company listed on National Stock Exchange. The company operates only in Delhi- NCR. The management plans to expand their area of operation across the country. They require funds for their expansion plans.

Briefly explain each source of finance given below.

State whether these sources can be used by ABC Ltd. or not for raising funds. Give a reason to support your answer.

1. Angel Investors
2. Factoring
3. Global Depository Receipts
4. Loans from Financial Institutions

A public deposit is a deposit made by public in the nationalised banks.

Venture Capital is one of the primary sources of finance for Start-ups.

What is meant by the following term with reference to the sources of finance?

Factoring

State any two benefits of e-business to the buyers.

With reference to the Post Office, expand the following:

 VPP

With reference to the Post Office, expand the following:

PIN

Answer briefly the following questions:

With reference to post office services, write the expanded forms of:
(a) RMS
(b)TMO

Briefly explain four advantages of the following: Telefax

Answer the following question:

How does a business reply card help a business concern?

Explain the Post Box Service provided by Post Office. State any two advantages to the organisation which uses this service.

Expand the following:

LAN

Expand the following:

WWW