ISC Board Guess Paper

Subject – Commerce

[Set-2]

Part – I

(Compulsory)

Q1. Answer briefly each of the questions (i) to (xv).

(i). Define a Government Company.

(ii). Mention any two circumstances when a private company is deemed to be a public company.

(iii). Mention any two functions of the Unit Trust of India.

(iv) What is meant by working capital?

(v) What is meant by video conferencing?

(vi) What is a role of Table – A in a company formation?

(vii) How significant is a common seal to a company?

(viii) What is gestural communication?

(ix) How is a Trade Mark different form a Brand?

(x) State any four sources of shorts term finance for a joint stock company.

(xi) Mention any four steps in Personal Selling.

(xii) What is meant by Order as a Principle in Fayal’s management?

(xiii) What are growth funds?

(xiv) Why is buying an important function of marketing?

(xv) List any two objectives of Government Companies.

Part-II

Answer any seven questions

Q2. (a) State and briefly explain any four key documents to be filed with the Registrar, for incorporating a Public Limited Company.

      (b) Mention any four contents of a Prospectus. Explain how a prospective investor can judge the soundness of a company.

Q3. (a) Examine the statutory duties and rights of Company Directors.

      (b) How is the remuneration payable to Directors Determined?

Q4. (a) Give any four differences between a savings account and a current account.

      (b) What is meant by crossing of cheques? Explain the two modes of crossing of cheques.

Q5. (a) What is an advertising agency? Describe any four departments of an advertising agency.

      (b) A washing machine is to be launched in the market. Describe any five methods of sales promotion that can be used to do so.

Q6. (a) Explain any four objectives of communication.

      (b) Explain any five features of organizing as a function of management.

Q7. Examine and identify the factor that obstruct free flow of communication. Suggest feasible steps to overcome them.

Q8. (a) Briefly discuss any five factors affecting the fixed capital requirements of an organization.

      (b) What is a bank? Explain any four modes of lending by Commercial Banks.

Q9. (a) Distinguish publicity form advertisement.

      (b) State three merits and three demerits of raising finance through the issue of equity shares.

Q10. Write short notes on:

      (a) Cash Credit

      (b) Functions of an advertising agency

      (c) Steps involved in the process of control