O.C.M Board Question Paper (March 2016)

           
Std.XII:OC
EMINENT LEARNING

01
BOARD QUESTION PAPER MAR 2016






Time: 3 Hours
Max. Marks: 80




    
Notes:(1) All questions are compulsory.
           (2) Figures to the right indicate full marks for the questions.
           (3) Figures to the left indicate question marks.
           (4) Answer to every question must be started on new page.
 



Q.1.(A).Select the correct answer from the possible choices given below and rewrite the statement:                                                                                                                                          (5)

(1)  The maximum number of partners for a firm carrying on banking business is
        ___________.
      (a) 10 (b) 20 (c) 7
(2)  Door - to - door service is offered by _____________ transport.
      (a) Rail (b) Road  (c) Air
(3) Business organization is a part of ____________.
     (a) Industry (b) Government  (c) Society
(4) In modern competitive market consumer is regarded as ____________ .
     (a) king  (b) agency  (c) superintendent
(5) Planning is ___________ function.
     (a) advanced  (b) basic  (c) end

(B)Match the correct pairs:                                                                                                                                                                     (5)

                        Group ‘A’
Group ‘B’
(a) Co - operative Society
(1) The father of Modern Management
(b) ‘e’ Business
(2) President of national commission
(c) District Judge
(3) Not directly related to human beings.
(d) F.W. Taylor
(4) Outsourcing
(e) Staffing
(5) One share one vote

(6) President of District forum

(7) Father of Scientific Management

(8) Right people to right jobs.

(9) One member one vote.



(C)Write a word or a term or a phrase which can substitute each of the following statements:                                                                                                                                           (5)                    
(1) ‘One man show’ type of business organization.
(2) A bank which is known as bankers bank.
(3) Name the modern process of controlling a business function to someone else.
(4) Name the employees organization protecting their rights.
(5) Principle of management that says that any work should be divided into small parts.

Q2. Distinguish between the following: (Any three)                                                                      (15)                                                                                     
(1) Partnership and Joint Stock Company.
(2) Current Account and Fixed Deposit Account.
(3) Road Transport and Water Transport.
(4) District Forum and State Commission.
(5) Planning and Controlling.

Q3. Write short notes on:(Any three)                                                                                               (15)                                                              
(1) Features of Joint Hindu Family Business.
(2) ‘e’ Business.
(3) Significance of Principles of Management.
(4) Rights of Consumers.
(5) Any ‘five’ principles of management.

Q4. State with reason, whether the following statements are True or False:(Any three)                                                                                                                              (15)
   
(1) The ownership and management is not separated in a Joint Stock Company.
(2) Reserve Bank of India cannot accept deposits from public.
(3) Post offices provide money remittance services.
(4) Management should avoid workers’ participation while making decisions.
(5) The Consumer Protection Act was passed in the interests of the sellers.

Q5. Attempt the following: (Any two)                                                                                                                                                                          (10)
(1) State the features of sole trading concern.
(2) State the social responsibilities of business organization towards government.
(3) State the working of payment gateway.
(4) State the functions of an Entrepreneur.

Q6. Define Co - operative Society. Explain merits and demerits of Co - operative Society.    (10)
                                                 OR
       Define ‘ Controlling’. Explain its importance.


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