OCM Board Question Papers with Solution
- 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
- 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
- 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
- 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 2014 View
- OCM - October 2014 View
- OCM - March 2015 View
- OCM - July 2015 View
- OCM - March 2016 View
- OCM - July 2016 View
- OCM - March 2017 View
- OCM - July 2017 View
- OCM - March 2018 View
- OCM - July 2018 View
- OCM - March 2019 View
Write the features of the following.
DISTINGUISH BETWEEN
WHAT ARE THE TYPES OF
WRITE SHORT NOTES ON
ADVANTAGES AND DISADVANTAGES
SOCIAL RESPONSIBILITY OF COMMERCIAL ORGANISATION TOWARDS
MERITS AND DEMERITS OF
ANSWER IN DETAIL
State Whether The Following Statement Are True Or False (Give Reason)
- 1. A partnership agreement can be verbal or written.
- 2. A sole trader can take prompt decisions and quick actions.
- 3. A sole trader has a weak bargaining power.
- 4. Business secrecy cannot be maintained in a Sole Trading Concern.
- 5. Liability of a sole trader is unlimited.
- 6. Sole Trading Concern is convenient and suitable when the market of goods is local.
- 7. The liability of partners is limited.
- 8. The liability of the Karta is limited and that of co – parceners is unlimited. This statement is false.
- 9. The maximum number of members in a Joint Hindu Family firm is 20.
- 10. There is no limit for membership in Joint Hindu Family Business.
- 11. The main purpose of a cooperative organization is to earn profit. [False]
- 12. Transport is useful in raising standard of living. [True]
- 13. It is easy to set up e – business as compared to traditional business. [True]
- 14. Management should avoid workers' participation while making decisions. [False]
- 15. Coordination is needed at all the levels of management. [True]
- 16. A joint stock company can raise huge capital.
- 17. Company form of organizations has developed before industrial revolution.
- 18. Co – operative Society differs from other forms of commercial organizations.
- 19. The membership of a Co – operative society is voluntary.
- 20. Profit maximization is the motto or object of a Co – operative Organisations.
- 21. Planning has vital importance in the management process.
- 22. Business ethics is not applicable to all business organisations.
- 23. A Joint Stock Company can raise huge capital.
- 24. The principle of indemnity is applicable to life insurance.
- 25. Consumer Protection Act is a blessing for the consumers.