J.

J CLASSES
OCM PAPER
TH
STD 12 MARKS: 80
DATE: 02.02.2019 TIME: 3 HRS

Q.1.A) FILL IN THE BLANKS. (5 MARKS)

1. The karta in a joint Hindu family business has liability.

(Unlimited / limited / joint).

2. For online transaction is required.

((Trading/ business /registration)

3. The maximum numbers of members in a private company are .

(50 /40/ 20)

4. Postal services are administered by .

(Private companies / Government of India /Village Panchayat)

5. Perishable goods are stored in .

(Cold storage warehouse / duty paid warehouse / bonded warehouse)

Q.1.B) MATCH THE COLUMN. (5 MARKS)

1) Punjab National Bank a) Business to consumer

2) District Judge b) Business to Business
3) ATM c).Central Bank
4) Consumer Protection Act d) 1986
5) B to C e) Commercial Bank
f) 1956
g) President of District Forum
h) Chairman of National
Commission
i)Automatic Teller Machine

Q.1.C) WRITE A WORD OR PHRASE OR A TERM WHICH CAN SUBSTITUTE EACH ONE OF
THE FOLLOWING. (5 MARKS)

1. A partner who does not take active part in the business.

2. A central bank of our country.
3. One man show type of business organization.
4. The principle of management explaining about fair payment to workers.
5. Father of the scientific management.
Q.2) DISTUINGUISH BETWEEN (ANY THREE) (15 MARKS)

1. Public company and Private Company.

2. State commission and District Forum.
3. Water Transport and Air Transport.
4. Proprietorship and Join Hindu Family Business.
5. Co-ordinate and Controlling.

Q.3) WRITE SHORT NOTES ON (ANY THREE) (15 MARKS)

1. Importance of Directing
2. Any Principles of Management
3. Types of Co-operative societies.
4. Social Responsibility of business towards consumers.
5. Merits of Joint Hindu Family Firm.

Q.4) STATE WHETHER THE FOLLWING STATEMENTS ARE TRUE OR FALSE WITH
REASON. (ANY THREE) (15 MARKS)

1. A Joint stock company can raise huge capital.

2. Planning has vital importance in the management process.
3. Credit card used for cash payments.
4. In partnership, agreement may oral or written.
5. E-Business does not suffer from any limitations.

Q.5) ATTEMPT THE FOLLOWING. (ANY TWO) (10 MARKS)

1. State the features of partnership firm.

2. State the importance of planning.
3. Explain types of partners.
4. What are the advantages of outsourcing?

Q6.) DEFINE LIFE INSURANCE EXPLAIN THE DIFFERENT TYPES OF LIFE

INSURANCE POLICIES. (10 MARKS)
OR
DEFINE JOINT STOCK COMPANY .EXPLAIN ITS MERIT AND DEMERITS.

ALL THE BEST.