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HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Organisation of Commerce and Management

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Organisation of Commerce and Management
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Correct the underlined word and rewrite the sentence.

The commercial bank is the apex financial institution in banking industry in the country.

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

Study the following case/situation and express your opinion

Shirish shifted some furniture to his office and issues a cheque of Rs. 20000/- to MV Movers Limited. Balance in his account is Rs. 15000 still bank clears the cheque. Shirish also wants to renovate his office so he applies for a loan of Rs. 25 lacs which bank sanctions and transfer the amount to loan account. But Shirish withdrew only Rs. 15 lacs. Shirish accepted a bills of exchange for Rs. 5 lacs drawn upon him by M/s. Creative Furnitures for supplying new furniture for his office it is due on 31st May, 2021 but M/s. Creative Furnitures needed money on 1st April, 2021. They got Rs. 4.75 lacs from the bank on the basis of the same bills of exchange.

  1. Name the type of account Shirish must be operating
  2. On which amount Shirish will have to pay interest on loan?
  3. Which service did the bank make available to easy M/s. Creative Furnitures while paying rupees 4.75 lacs?
[4] Business Services
Chapter: [4] Business Services
Concept: undefined >> undefined

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Study the following case/situation and express your opinion

Following are details of Tined Food.

  1. Mix Cheesy Masala
  2. Batch No.3180/BTU98D dtd.17.03.2021 00:46
  3. Manufactured by: M/s. Great Tastes Food Ltd.
  4. Manufacturing Date: 17.03.2021 (Best before 8 months)
  5. Rs.130/- (200 gms.)
  1. Which right is represented in above example?
  2. If product has some deficiency and producer refuses to accept it and ignores the complaint where can aggrieved consumer seek redressal?
  3. State the name of the act?
[7] Consumer Protection
Chapter: [7] Consumer Protection
Concept: undefined >> undefined

Justify the following statement.

Business services are necessary.

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

Justify the following statement.

Consumers are protected with various rights.

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

Explain importance of marketing to firm.

[8] Marketing
Chapter: [8] Marketing
Concept: undefined >> undefined

Explain importance of marketing to consumers.

[8] Marketing
Chapter: [8] Marketing
Concept: undefined >> undefined

Match the Pairs:

Group 'A' Group 'B'
(a) Agro tourism (1) Tangible in nature
(b) Business Service (2) 1930
(c) Scientific management theory (3) Use of Digital Media
(d) Sale of Goods Act (4) Rural tourism
(e) Digital marketing (5) Henry Fayol
  (6) 1956
  (7) Intangible in nature
  (8) Use of traditional media
  (9) Medical tourism
  (10) F. W. Taylor
[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
Concept: undefined >> undefined

Mr. Rajaram is young M.Sc (Agri) degree holder. Mr. Sitorom is commerce graduate. Mr. Rojorom is willing to start Agro tourism center at his village. Mr. Sitoram is willing to work as an accountant in private company.

(1) Find out desire of Mr. Sita ram.

(2) What is the desire of Mr. Rojaram?

(3) Which qualification is acquired by Mr. Sitaram?

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
Concept: undefined >> undefined

Explain the following term/concept in detail.

Central Bank

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

Justify the following statement.

Marketing is important to society.

[8] Marketing
Chapter: [8] Marketing
Concept: undefined >> undefined

Answer in one sentence.

What is Agro tourism?

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
Concept: undefined >> undefined

Answer in one sentence.

What is Agro tourism?

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
Concept: undefined >> undefined

Explain the rights of the consumers.

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

Who is consumer? 

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

Explain the rights of the consumers.

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

Answer in one sentence.

What is Agro-tourism?

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
Concept: undefined >> undefined

Answer in one sentence.

What is Agro-tourism?

[3] Entrepreneurship Development
Chapter: [3] Entrepreneurship Development
Concept: undefined >> undefined

Explain the following term/concept:

Right to choose

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

Study the following case/situation and express your opinion:

Mr. A deals in import and export business so he needs different foreign currencies. For the expansion of his business, he borrows money from a commercial bank. He invests his funds in the equity shares.

  1. From where does Mr. A borrow money?
  2. Name the market where does Mr. A invest his funds.
  3. Which type of currency is required for the international market?
[8] Marketing
Chapter: [8] Marketing
Concept: undefined >> undefined
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