PAWAR PUBLIC SCHOOL, DOMBIVALI

SECOND TERMINAL EXAMINATION 2022-2023

SUBJECT: COMMERCIAL STUDIES
GRADE: 9 MARKS: 80
DATE:25.02.2023 TIME: 2 HOURS
Answers lo this Paper must be wrillen on the paper provided separately.
You will not be allowed to write for the first 15 minutes.
This time is tobe spent in reading the question paper.
The time given at the head ofthis Paper is the time allowed for writing the answers.
Altempt all questions from Section A and any four questions from Section B. PAWAA
The intended marks for questions or parls of questions are given in J.
This paper consists of 4printed pages.
700
SECTION A
(Attempt all questions fromthis Section.)
Question l
Choose the correct answers to the questions from the given options. [16]
(Donot copy the question, write the correct answers only.)
Economic activities are also called as
(a) non-comnmercial activities
(b) commercial activities
(c) business
(d) profession

(ii) Manufacturing goods in our country and selling it toother countries is an example of
which type of trade?
(a) Entrepot trade
(b) Import trade
(c) Export trade
(d) All the above

(ii) Bharatiya Janata Party (BJP) is an example of this type of organisation:

(a) Public health organisation
(b) Educational organisation
(c) Mutual benefit organisation
(d) Political organisation

(iv) Who amongst the following cannot participate, own and control the private sector?
(a) Central government only
(b) State government only
(c) Both (a) and (b)
(d) None of the above

(v) Name the simplest,oldest and most natural form of business in the private sector
(a) Sole proprietorship
(b) Partnership
(c) Joint stock company
(d) Cooperative society
PPSD/IIT/CST/TE/9 ..2...

(vi) When it is said Each partner is an implied agent of other partners of the firm" it means
(a) The partners are mutual agents of each other and the firm
(b) Each partner is liable for acts performed by other partners on behalf of the firm
(c) Both (a) and (b) are correct
(d) None of the above

(vii) The capitalof a joint stock company is divided into small parts called
(a) liability
(b) Shares
(c) commission
(d) profit

(viii) Choose the option which focusses on the democratic conduct of a cooperative society
(a) One man one vote.
(b) Service motive
(c) Compulsory registration
(d) Cash trading
(ix) Reserve Bank of India is an example of which type of public sector enterprise?
(a). Departmental undertaking
(b) Statutory corporation
(c) Government company
(d) Allthe above

(x) Estimating financial requirement is the job of department.

(a) finance
(b) accounts
(c) human resource
(d) production

(xi) One of the jobs of the legal compliance departiment is to:

(a) To manage the money of the organisation
(b) Topurchase raw materials
(c) To decide policies regarding the day to day working of the organisation
(d) To look into legal matters and fight court cases for the organisation
(xii) Name the essential part of communication. It also completes the process.
(a) Sending the message
(b) Receiving the process
(c) Providing the feedback
(d) None of the above

(xiii) What is a transaction?

(a) Exchange of goods or services for nmoney
(b) Cash paidby buyer to the seller for some goods or services
(c) Transfer of money or money'sworth for providing goods or services
(d) Allof the above.
s it
J/IIT/CST/TE/9 ...3...

(xiv) is a book of original entry.

(a) Ajournal
(b) A ledger
(c) A cashbook
(d) A petty cash book
called:
(xv) A book in which the balances of ledgers are mentioned is
(a) Ajournal
(b) A ledger
(c) A trial balance
(d) A balance sheet

called:
(xvi) The chief executive officer of the central bank is
(a) The Governor
(b) The Chairman
(c) The Proprietor
(d) The Chief
Question 2
Distinguish between:
[2]
() Organisation and Company [2)
(ii) Sole Proprietorship and Partnership [2]
(iii) Journal and Ledger
Savings account and Current account
(2]
(iv)

Question 3
What are the three different types of ledger accounts in an accounting system? [2]
(i) [2]
What is a Cash book?
(ii)
(iiü) Define the term 'Social media.' Quote any two of its forms. [2]
(iv) Enumerate any two features of Non-Profit making organisations. [2]

Question 4
State any twoobjectives of the Purchasing department. [2]
(i)
(iü) Explain the money measurement concept. (2]
(ii) What is accountancy? Mention its objectives. [2]
(iv) Define a departmental undertaking. Give one example. [2]
SECTION B
(Attempt any four questions from this Section.)
Question 5
() What are the functions of a commercial bank?
(ii) What are the characteristics of business activities? [5]
...4
 (b) Question
(a) 10 Question (i) (i) 8
(ii) () 9 Question Question
(ii) (i) 7 Question
(ii)PPSD/IIT/CST/TE/9
(i) 6
June30
June29 June23
June27 June 20
June 18
June 15 Prepare
Date MarchMarch l2 March
24March 8March 2022
Date
1
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public
sector
What What (b) (aWrite
) Define
June 2022
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Tertiary Human
Distinguish
short are are short
simple a the any Partnership.
Explain
the the the
notes
communication Resource notes
following industries merits demerits five
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furniture
Withdrew
Bank
from bank to
Sold Paidfor Sold PaidReceivedfrom hand in
Rita Cash
PaidParticulars cash Goods
Office Transactions
Deposited Started
Purchased on: features between on:
goods goodswages book of
enterprises.
sold rent transactions
business a of Department
advertisement Joint a Marketing
on from on
paid cashgoods
for in process sole ofa
any
credit cash cash credit Stock Co-operative
the in infor with Discussproprietorship? four
following HDFC
cash in and
to to cash cash Company? features ...4...
Laxman
the
Krishna any Sales
bank books
Society.
transactions four Department of
of partnership.
features.
M/s.
Taneja
ofM/s.
S001,0004,000 Amount
7003,000 2001,4002,3007,500 Amount and
Sonu 20,000 sons:
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S00
and
Co.

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