HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Organisation of Commerce and Management

Find the odd one.

Find the odd one.

______ refers to a market situation when there is a single buyer of a commodity or service.

Answer in one sentence.

What do you mean by 'Local Market'?

Answer in one sentence.

What do you mean by 'Regulated Market'?

Correct the underlined word and rewrite the following sentence.

Commodity Market refers to the market for borrowing and lending long term capital required by the business.

Correct the underlined word and rewrite the following sentence.

In a duopoly, there is a single seller.

Arrange in proper order:

Local market, International market, National market.

Explain types of the market on the basis of the area covered.

Explain types of the market on the basis of time.

Justify the following statement.

The market can be classified on the basis of competition.

Give classification of the market in detail on the basis of ‘Volume of Transaction’.

Give classification of the market on the basis of ‘time’.

Explain different types of markets in detail.

___________ are trustees of the society.

Give one word or phrase or a term which can substitute the following.

A purposeful activity of an individual or a group of associated individuals undertaken to initiate, maintain and aggrandize profit.

In India, the consumer protection act was initiated in the year ____________.

Explain the following term/concept.

Entrepreneurship Development Programme

Attempt the following.

Explain entrepreneurship development programme.

Explain significance of principles of management.