OCM MARCH 2016 BOARD PAPER WITH SOLUTION
(i) All questions are compulsory.
(ii) Figures to the right indicate full marks for the questions.
(iii) Figures to the left indicate question numbers.
(iv) Answer to every questions must be started on a new page.
Q. 1. (A) Select the proper option from the possible options given below and rewrite the completed statements: (5)
- (a) 10
- (b) 20
- (c) 7
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- (a) Rail
- (b) Road
- (c) Air
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- (a) Industry
- (b) Government
- (c) Society
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- (a) king
- (b) agency
- (c) superintendent
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- (a) advanced
- (b) basic
- (c) end
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12th OCM Board Papers (March & July 2025)
- OCM - March 2025 English Medium: View | Answer Key
- OCM - March 2025 Marathi Medium: View | Answer Key
- OCM - March 2025 Hindi Medium: View | Answer Key
- OCM - July 2025 English Medium: View | Answer Key
- OCM - July 2025 Marathi Medium: View | Answer Key
B. Match the correct pairs: (5)
Study the columns below and match Group 'A' with Group 'B'.
| Group ‘A’ | Group ‘B’ |
|---|---|
|
(a) Co - operative Society (10) (b) ‘e’ Business (8) (c) District Judge (6) (d) F.W. Taylor (7) (e) Staffing (9) |
(1) The father of Modern Management (2) President of national commission (3) Not directly related to human beings. (4) Outsourcing (5) One share one vote (6) President of District forum (7) Father of Scientific Management (8) Electronic business (9) Right people to right jobs. (10) One member one vote. |
Check Correct Matches
Correct Matches:
(a) Co - operative Society → (10) One member one vote.
(b) ‘e’ Business → (8) Electronic business
(c) District Judge → (6) President of District forum
(d) F.W. Taylor → (7) Father of Scientific Management
(e) Staffing → (9) Right people to right jobs.
12th OCM Board Papers (March & July 2024)
- OCM - March 2024 English Medium: View | Answer Key
- OCM - March 2024 Marathi Medium: View | Answer Key
- OCM - March 2024 Hindi Medium: View | Answer Key
- OCM - July 2024 English Medium: View | Answer Key
(c) Write a word or phrase or term which can substitute the following statements: (5)
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12th OCM Board Papers (February & July 2023)
- OCM - February 2023 English Medium: View | Answer Key
- OCM - February 2023 Marathi Medium: View | Answer Key
- OCM - July 2023 English Medium: View | Answer Key
- OCM - July 2023 Marathi Medium: View | Answer Key
Q2. Distinguish between the following (Any Three) [15]
12th OCM Board Papers (2014 - 2022)
- OCM - March 2022 English Medium: View
- OCM - March 2022 Marathi Medium: View | Answer Key
- OCM - July 2022 English Medium: View | Answer Key
- OCM - March 2020 English Medium: View
- OCM - March 2020 Marathi Medium: View | Answer Key
- OCM - March 2019: View
- OCM - July 2018: View
- OCM - March 2018: View
- OCM - July 2017: View
- OCM - March 2017: View
- OCM - July 2016: View
- OCM - March 2016: View
- OCM - July 2015: View
- OCM - March 2015: View
- OCM - October 2014: View
- OCM - March 2014: View
Q3. Write short notes on the following (Any Three) [15]
Q4. State with reasons 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 questions (Any Two) [10]
Q6. Answer the following [10]
OCM IMPORTANT QUESTION FOR BOARD EXAM Upadted
[ALMOST 99.99% SURE QUESTIONS]
Distinguish between the following (Any Three) [15]
Bonded warehouse and Duty Paid warehouse.
Co - operative Society and Joint Stock Company
Co - Operative Society Joint Hindu Family Firm.
Cooperative society and Partnership firm.
Current Account and Fixed Deposit Account.
Current Account and Savings Account.
District forum and National commission.
District Forum and State Commission
Joint Hindu Family firm and Joint Stock company.
Joint Hindu Family Firm and Sole Trading Concern.
Partnership and Joint Stock Company.
Private company and Public Company
Road transport and Rail transport
Road Transport and Water Transport
Savings account and Fixed Deposit Account.
Sole trading concern and Partnership firm
Write short notes on Any Three of the following
Any ‘five cases’ (needs) of social responsibilities of business.
Any ‘five’ principles of management.
Features/Nature of Joint Hindu Family Business.
Features/Nature of a Joint Stock Company.
Merits and limitations of air transport.
Features/Nature of co-operative society.
Features/Nature of sole trading concern.
Functions/Nature of a Warehouse.
Importance / significance of principles of management.
Merits of Co - operative Society.
Nature of principles of management.
Social responsibility of business organisations towards consumers.
State with reasons whether the following statements are True or False. (Any Three) [15]
Business ethics is not applicable to all business organisations.
A Joint Stock Company can raise huge capital.
Business organisation does not have various types of social responsibilities.
Business organisation is not responsible to control pollution.
Business should not disclose their records to investors.
Cash can be withdrawn from ATM at any time.
Co - operative society differs from other forms of commercial organisations.
Consumer Protection Act is a blessing for the consumers.
Coordination is needed at all the levels of management. [True]
E-business allows you to work across the globe in any field.
In India Consumer Protection Act is not required.
In partnership the liability of partners of a firm is unlimited.
It is easy to set up e – business as compared to traditional business. [True]
Lok Adalat' is one of the effective ways to resolve consumer problems.
Management should avoid workers' participation while making decisions. [False]
Maximisation of profit is the object of a co-operative society.
Maximum number of members in a Joint Hindu Family Firm is 20.
Planning has vital importance in the management process.
Post offices provide money remittance services.
Principles of management are rigid.
Principles of management improve the efficiency of employees.
Reserve Bank of India cannot accept deposits from public.
The Consumer Protection Act was passed in the interests of the sellers.
The ownership and management is not separated in a Joint Stock Company.
The principle of indemnity is applicable to life insurance.
Training broadens the vision of entrepreneurs.
Transport is useful in raising standard of living. [True]
e- business means using the internet to connect people and processes.
Attempt the following. (Any two) [10]
Explain the characteristics of an entrepreneur.
State any 'five principles' of management given by Henry Fayol.
State social responsibilities of business towards government.
State the principles of Scientific Management.
State the advantages of Road Transport.
State the characteristics of Entrepreneurship.
State the factors motivating the entrepreneur.
State the features of sole trading concern.
State the functions of an Entrepreneur.
State the importance of consumer protection.
State the importance of controlling.
State the importance of principles of management.
State the registration procedure for a partnership firm.
State the responsibilities of business towards employees.
State the responsibilities of consumers.
State the social responsibilities of a business towards consumers.
State the steps involved in online transactions.
State the types of cooperative societies.
ANSWER IN BRIEF [ANY ONE] (10)
Define 'insurance'. Explain the various principles of insurance.
Define 'joint stock company'. Explain its merits and demerits.
Define Bank. Explain different types of banks.
Define Co - operative Society. Explain merits and demerits of Co - operative Society
Define Fire Insurance. Explain the various types of fire Insurance Policy.
Define Joint Stock Company and explain its features
Define Life Insurance. Explain the types of Life Insurance Policies.
Define a Sole Trading Concern. Explain its merits and demerits.
Define a partnership firm. Explain its merits and demerits.
Define commercial bank? Explain its primary functions.
Define ‘ Controlling’. Explain its importance.