ISC Question Paper 2009

Commerce

Class - XII

PART-I (Compulsory)

Q1. Answer briefly each of the questions (i) to (xv).                       [15 x 2]

(i) Define a Government Company.

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

(iii) What is a certificate of incorporation?

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

(v) What is meant by trade credit?

(vi) Give any two circumstances when the director of a joint stock company has to vacate his

office.

(vii) Mention any, four sources of finance for a proprietary form of business organization.

(viii) Why is Management considered a discipline?

(ix) What is the need for principles of management?

(x) What is meant by video conferencing?

(xi) Give any two advantages of written communication.

(xii) State any two differences between packing and packaging.

(xiii) Mention any two objectives of advertising.

(xiv) What is meant by working capital?

(xv) List any two objectives of personal selling.

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