MANISH CLASSES, DANKUNI_700369682_ICSE _COMMERCIAL STUDIES 1
ICSE
3
MOCK TEST SERIES
2024 EXAMINATION
CLASS X
Commercial Studies
Paper Code: MT/FEB/2024/003
Attempt all questions from Section A and any four questions from Section B.
The intended marks for questions or parts of questions are given in brackets [ ].
SECTION A
(Attempt all questions from this Section.)Question 1
Choose the correct answers to the questions from the given options. [16]
(Do not copy the question, write the correct answers only.)
QUESTION 1:
(i) "The insured must disclose all material facts and the insurer must make clear all the terms
and condition in the insurance contract." Which principle of insurance is referred to in this
statement?
(a) Utmost good faith
(b) Insurable interest
(c) Indemnity
(d) Contribution
(ii) Which of the following is/are expectation(s) of competitive competitors?
(a) Fair trade practices regarding price, quality and services
(b) An atmosphere of healthy competition and ethical behaviour
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MANISH CLASSES, DANKUNI_700369682_ICSE _COMMERCIAL STUDIES 2
(c) Respect for Intellectual Property Rights
(d) All of the above
(iii) is the process of satisfying the wants of customer through appropriate products and
services, it is a customer oriented, integrated and goal-oriented philosophy.
(a) Selling
(b) Marketing
(c) None of these
(d) Advertising
(iv) ___________ is not stakeholder of the business.
(c) Customer
(b) Bank
(c) Supplier
(d) Producer
(v) Consumers right against the unfair trade practices is the
(b) Right to choose
(b) Right to fight
(c) Right to seek redressal
(c) Right to be informed
(vi) A service is an intangible product involving a deed, a performance or an effort that
cannot be stored or _________ possessed.
(a) Digitally
(b) Mentally
(c) Physically
(d) Socially
(vii) ___________refers to communication of non-sponsored commercially significant
information about an organisation or its products and services through non-personal media.
(a) Public relation
(a) Publicity
(d) Promotion
(c) Advertising
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MANISH CLASSES, DANKUNI_700369682_ICSE _COMMERCIAL STUDIES 3
(viii) Expenditures incurred to acquire fixed assets arc called.
(a) Revenue expenditures
(b)Prepaid expenses
(c) Capital expenditures
(d) Outstanding expenses
(ix) __________is a negative process.
(a) Recruitment
(b) Selection
(c) Staffing
(d) Training
(x) Consumer exploitation means –
(a) Harming the interest of consumer in various ways
(b) Non awareness of consumer
(c) Too greedy retailers
(d) None of these
(xi) Which element of marketing affects profit?
(a) Price
(b) Product
(c) Promotion
(d) Physical distribution
(xii) ___________ is the process of preparing budgets whereas forecasting is the process of
anticipating future events.
(a) Budgeting
(b) Forecasting
(c) Selling
(d) Marketing
(xiii) A market is also called a securities market.
(a) Capital
(b) Debt
(c) Equity
(d) None of these
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MANISH CLASSES, DANKUNI_700369682_ICSE _COMMERCIAL STUDIES 4
(xiv) A___________ is a document or certificate issued by a company under its seal as an
acknowledgement of its debt.
(a) Equity share
(b) Debenture
(c) Retained earning
(d) Preference share
(xv) All marketing activities that attempt to stimulate quick buyer action or immediate sales
of a product are known as ___________
(a) Sponsorship
(b) Advertising
(c) Personal selling
(d) Sales promotion
(xvi) ___________ is also known as Physical Distribution Management (PDM).
(a) Logistics
(b) Forecasting
(c) Budgeting
(d) Warehousing
Question 2:
Distinguish between:
(i) Product & Service [2]
(ii) Shares & Debentur es [2]
(iii) Shutdown & Sunk Cost [2]
(iv) Savings Account & Current Account [2]
Question 3:
(i) W hat i s D i s c ou nt i ng of Bi l l s of [2]
ex c ha n ge ?
(ii) What is a Budget? [2]
( i i i ) What do you mean by on the Job and [2]
off the Job training
( i v) Selection is a negative Process. [2]
Explain
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MANISH CLASSES, DANKUNI_700369682_ICSE _COMMERCIAL STUDIES 5
Question 4
(i) What is Meant by Deferred
Revenue Expenditure?
(ii) State any two precautions while
using an ATM.
(iii) What is E-Security?
(iv) State two advantages of Campus
Recruitment as an external source
o.Recruitment.
SECTION B
(Attempt any four questions from this Section.)
Question 5:
(i) Explain any five merits of Written Communication to a business
organisation.
(ii) State any five Expectations of Suppliers from a business enterprise.
Question 6:
(i) Briefly discuss any five advantages of Ecommerce over traditional methods of
training.
(ii) Mention any five Rights enjoyed consumers as per The Consumer Protection Act
2019.
Question 7:
(i) Explain aby five measures taken to overcome barriers of communication.
(ii) Explain any five functions of Commercial Bank
Question 8:
(i) Explain five importance of warehousing.
(ii) Advertisement is a social waste. In the context explain the demerits of Advertisement.
Question 9
(i) Distinction between Capital Expenditure and Revenue expenditure.
(ii) Explain any five steps in the selection
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MANISH CLASSES, DANKUNI_700369682_ICSE _COMMERCIAL STUDIES 6
Question 10
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