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HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions

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What is KPO? Explain in detail.

[5] Emerging Modes of Business
Chapter: [5] Emerging Modes of Business
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In India, the consumer protection act was initiated in the year ______.

[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

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In modern competitive market, consumer is regarded as the ____________.

[7] Consumer Protection
Chapter: [7] Consumer Protection
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Consumer Protection Act is not required in India.

[7] Consumer Protection
Chapter: [7] Consumer Protection
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The consumer protection Act established ______ Tier quasi-judicial systems for consumer protections exists.

[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

Arrange in proper order.

National Commission, District Commission, State Commission.

[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

Arrange in proper order.

District Judge, Supreme Court Judge, High Court Judge

[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

Correct the underlined word and rewrite the following sentence

An appeal can be filed against the order of the National Commission to the State forum.

[7] Consumer Protection
Chapter: [7] Consumer Protection
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Justify the following statement.

The Consumer Protection Act was passed in the interest of consumers.

[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

Explain the three-tier quasi-judicial machinery under the Act.

[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

Explain the principles of insurance.

[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

In ___________ policy subject matter is insured for specific voyage irrespective of time.

[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

Match the correct pairs.

Group A Group B
A. Sprinkler policy  1. provides a regular percentage of the sum assured
B. Child insurance 2. marketing
C. Money back policy  3. demand made by insured to insurer for loss occurred due to mishap
D. Claim 4. profit
E. Insurance 5. proposal
  6. protection from financial loss
  7. for voyage
  8. ULIP
  9. suitable for children
  10. fire insurance
[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

Write a word or phrase or a term which can substitute the following:

A Sub-segment of BPO.

[5] Emerging Modes of Business
Chapter: [5] Emerging Modes of Business
Concept: undefined >> undefined

Find the odd one.

[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

Select the correct option.

(District commission, 2019, not less than four members, Compensation exceeds ten crores, Janahit Yachika)

Group A  Group B
A. District Judge ______
B. ______ Members of the National Commission
C. Consumer Protection Act ______
D. National Commission ______
E. ______ Matter of general public interest
[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

Correct the underlined word and rewrite the sentence.

The person who is protected against certain losses is known as insurer.

[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

Explain the following term/concept.

Marine Insurance

[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

Explain the following term/concept.

Life Insurance

[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

Explain the following term/concept.

Fire insurance

[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined
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