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GOKULDHAM HIGHSCHOOLANDJUNI ORCOLLEGE

SECONDARYSECTION2022-23
PRELIMI
NARYEXAMINATION
COMMERCIALSTUDIES
Grade:-X Dur
ati
on:-2hr
s
DATE: 11-01-
2023 Marks:-80
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Answerstothispapermustbewr i
tt
enont hepaperpr ovidedseparatel
y.
Youwi l
lnotbeal l
owedtowr i
teduringt hef i
rst15mi nutes.
Thi
st imei st obespentinreadi
ngt hequest i
onpaper .
Theti
megivenatt heheadofthisPaperist het i
meal lowedf orwri
ti
ngthe
answers.
Att
emptallquest ionsfr
om SectionA(Compul sory).Atotaloff
our
quest i
onsaretobeat t
emptedf rom Sect ionB.
Themar ksi ntendedforquesti
onsaregi veni nthebr ackets[
].
Thispaperconsistsof6 pr intedpages
SECTIONA
(
Att
emptallquest
ions.
)
Quest
ion1
Choosethecorrectanswerstothequestionsfr
om thegi
venopt
ions.
Donotcopyt hequestions,
wri
tethecorrectansweronl
y.
) [
16]
(
i) Asa nexter
nalstakehol
der,
whatinterestwoul
dacompany ’
s
suppli
erhaveinacompany ?
(
a)Thesuppli
erwoul
dwanttobepai
df ort
hepurchasesmadeby
thecompanyonatimel
ybasi
s
(
b)Thesuppli
erwoul
dwanttoknowthatempl
oyeeswi l
lcont
inuet
o
havejobs
(
c)Thesuppli
erwoul
dwanttoknowhowmuchi twillr
ecei
vein
divi
dends
(
d)Thesuppli
erwoul
dwanttoknowhowmuchi twillmakefr
om it
s
i
nvestment

(
i) Ne
i wsl
ett
er,
cat
aloguesandi
nvi
tat
iont
oor
gani
zat
ion-
sponsor
ed
event
sar emostclosel
yassoci
atedwi
th_
___
___
___
___
___
___
___
.
(a)Pri
cing
(b)Di
stribut
ion
(c)Productdevel
opment
(d)Promot i
on

1
GradeX 2 Commer ci
alSt
udies
(
ii
i)Theconsumerhastheri
ghttogetcompensat
ionagai
nstunf
air
t
radepract
icesunder
_
_____
_ _
____
____
___
___
____
_.

(
a)Ri
ghtt
ochoose
(
b)Ri
ghtt
oseekredr
essal
(
c)Ri
ghtt
osafet
y
(
d)Ri
ghtt
oinf
orm

(i
v) Legalexpensesincur
redt
opur
chasel
andar
e
_
____
_____
_______
_____
.

(
a)Capit
alexpendi
ture
(
b)Revenueexpendit
ure
(
c)Recurr
ingexpendi
ture
(
d)Daytodayexpenditur
es

(v
) I thel
psthei
nver
tort
oknowt
heear
ningcapaci
tyandf
inanci
al
healt
hofthefi
rm.

(
a)Tradingaccount
(
b)Profi
tandlossaccount
(
c)Balancesheet
(
d)Manuf act
uri
ngaccount

(
vi) Thecostr
emainssameatal
ll
evel
sofout
puti
scal
l
ed
___
____
___
___
____.

(
a)Vari
ablecost
(
b)Fi
xedcost
(
c)Semi-v
ari
ablecost
(
d)Pri
marycost

(
vii
) Abudgetr
elat
est
oa_
___
___
___
___
__per
iod.

(
a)Futureperi
od
(
b)Histori
cal
period
(
c)Presentperi
od
(
d)Pastper i
od
2
GradeX 3 Commer ci
alSt
udi
es
(vi
ii
)Iti
safor
malandr
evol
vi
ngcr
edi
tagr
eementunderwhich
t
hebor r
oweri
sal
l
owedtoborr
owupt
othespecif
iedl
i
mi t
.
a) Ca
( shcredit
b) Ov
( er
draft
c) Di
( scountingofbi
l
ls
(
d) Cashgr
ant

(
ix)_
___
___
___
___
___
___
_isat
tract
ivet
obol
dandadv
ent
urousi
nvest
ors.

(
a) Equi
tyshares
(
b) Pref
erenceshar
es
(
c) Debentur
es
(
d)Fixeddeposit
s

(
x) Campussel
ect
ioni
sa_
___
___
___
___
_sour
ceofr
ecr
uit
ment
.

(
a)Fresh
(
b)Moder n
(
c)I
nternal
(
d)Exter
nal

(
xi) Whi
chi
snotanadv
ant
ageofext
ernal
sour
ceofr
ecr
uit
ment
?

(
a)Newblood
(
b)Morecompet i
ti
on
(
c)Lessexpensi
ve
(
d)Lesspart
ial

(
xii
) Arrangethefol
lowi
ngstepsofstaf
fingi
ncorrectsequence
(
i)Preli
minar
yinter
view (ii
)Appli
cati
onfor
m
(
ii
i)Tests (i
v)Int
erv
iew

a) i
( ,i
i,
ii
i,
iv
b) i
( v,i
i
i,i
,i
i
c) i
( ,i
v,i
i,
ii
i
d) i
( i
i,i
i
,i,
iv

(
xii
i
) Thebenef
it
sofpubl
i
cwar
ehousi
ngi
ncl
udes_
___
___
___
___
___
___
.
3
Gr
adeX 4 Commer
cial
Studi
es

(
a)Cont
rol
(
b)Conveni
entl
ocati
on
(
c)Deal
ersrel
ati
onshi
p
(
d)I
nsurance

(
xiv
)__
___
___
___
___
__i
sat
ypeofpr
e-pai
daccount
.

(
a)I
MPS
(
b)NEFT
(
c)E-
wall
et
(
d)RTGS

(
xv)___
____
____
_ _i
sneededt
oadj
ustt
hesuppl
yofgoodswi
tht
hei
r
demandinthemarket
.

(
a) I
nsurance
(
b) Warehousi
ng
(
c) Debi
tcard
(
d) Bi
ll
sofdiscount

(
xvi
) I
MPSst
andsf
or

(
a)I
mmediate(Mobi
l
e)PaymentServi
ce
(
b)I
nter
mediat
e(Mobil
e)PaymentServ
ice
(
c)I
nter
nal(
Mobil
e)PaymentServ
ice
(
d)I
nter
net(
Mobil
e)PaymentServi
ce

Quest
ion2
Dist
inguishbetween:
(i
) Pr oductandservi
ce [
2]
(i
i
)Adv erti
singandsalespr
omot i
on [
2]
(i
i
i)Capi tal
expendit
ureandrevenueexpendi
tur
e [2]
(i
v)Cent ralbankandcommer ci
albank [
2]
Questi
on3
(
i) Expl
ainRTGSindet
ail
. [
2]
(
ii
)Whatdoy oumeanbythet
erm‘
i
nsur
ance’
? [
2]
(
ii
i)Whatisrecr
uit
ment
? [2]
4
Gr
adeX 5 Commer
cialSt
udi
es

(
iv)Wr
iteanytwopr
ecaut
ionst
obet
akenwhi
l
eusi
ngadebi
tanda
cr
editcar
d. [
2]
Quest
ion4
(i
) Explai
nNEFTindetail. [2]
(i
i)Writeanyt
woadv antagesofinter
nal
recr
uit
ment
. [
2]
(i
ii
)Ex pl
ainLi
fei
nsuranceindetail
. [
2]
(i
v)Wr it
ethemeaningofselect
ion. [
2]
SECTIONB
(
Answeranyfourquest
ionsf
rom t
his
Secti
on.)
Questi
on5
(
i) Explainthefoll
owing:
a.Falseaccountingfr
aud [
5]
b.Intell
ect
ual pr
opert
yfr
aud
(
ii
)Ex plainOf fthejobmethodsoft
rai
ning. [
5]
Questi
on6
(
i) Explainthefoll
owing:
a.Internalsour
ceofr ecrui
tment
b.Ex t
ernalsourceofrecrui
tment [
5]
(
ii
)Ex plainanyt woOnt hejobmethodsoft
rai
ning. [
5]

Questi
on7
(
i) Expl
ainanyfi
vefuncti
onsofCentr
albank. [
5]
(
ii
)Ex pl
aindi
rectandindi
rectcostwi
thhel
pofexampl
es. [
5]
Questi
on8
(
i) Expl
ainthefunct
ionsofcapi
tal
mar
ket
. [
5]
(
ii
)Ex pl
ainthefol
lowing:
a.E-
securi
ty
b.E-
advert
isi
ng [
5]
Questi
on9
(
i) Expl
ainthefol
lowing:
a.Utmostgoodf ai
th
b.Contr
ibut
ion [
5]
(
ii
)Ex pl
ainthefol
lowing:
a.Pri
vat
ewar ehouses
b.Bondedwar ehouses [
5]
5
Gr
adeX 6 Commer
cialSt
udi
es

Questi
on10
(
i) Uset
hefol
lowingTr
ial
Balancetocomplet
etheFinal
Account
sof
ofMr
.Ajayforthey
earendingDecember31,2005. [
10]

TRI
ALBALANCE

Parti
cul
ars Dr. Cr.
Capit
alandDr awings 1,
000 1,
44,
00
Offi
cefurni
ture 1,
560
Stockon01-01-2005 2,
730
Di
scount 580 330
Pl
antandmachi ner
y 7,
500
I
nsurance 210
Tradeexpenses 960
Goods(Return) 1,
020
730
Debt
orsandCr
edi
tor
s 2,
310 1,
700
Cashatbank 2,
350
RentandRates 750
Cashinhand 650
Wages 1,
250
GoodsTraded 15,
410 23,
120
Sal
ari
es 2000
40,
280
40,
280
Cl
osi
ngSt
ockwasv
aluedatRs.3,
140

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