HSC OCM MARCH 2018 BOARD QUESTION PAPER WITH SOLUTION GIVEN BELOW.

HSC OCM MARCH 2018 BOARD QUESTION PAPER

Q. 1. A. Select the proper option from the possible options given below and rewrite the complete statements: [5 Marks]

(1) The maximum number of partners for a firm carrying on banking business is ten.

(2) Bonded warehouses are located at ports.

(3) To maintain safety of investment is the responsibility of business towards investors.

(4) The president of State Commission is High Court Judge.

(5) Management principles influence human behavior.

Q. 1. B. Match the correct pairs: [5 Marks]

Note: Matching colors indicate the correct pairs.

Group ‘A’	Group ‘B’
a. Indian Companies Act	1. Cheapest mode of transport
B. Air transport	2. Directly related to Human beings
C. HTTP	3. Negotiations with management.
D. Trade Union	4. 1956
E. Directing	5. Hyper Transfer Text Protocol
	6. 1932
	7. Not directly related to human beings.
	8. Costliest mode of transport
	9. Encryption
	10. To maintain solvency and prestige.

Q. 1. C. Write only ‘one’ word or phrase or term which can substitute the following statements: [5 Marks]

(1) Nominal Partner

(2) Digital cash

(3) National commission

(4) Henry Fayol

(5) Controlling

Q. 2. Distinguish between the following (Any Three) [15 Marks]

(1) Joint Hindu Family firm and Joint Stock Company.

(2) District Forum and State Commission

(3) Fire Insurance and Marine insurance.

(4) Partnership firm and Co-operative Society.

(5) Organising and Staffing.

Q. 3. Write short notes on the following. (Any Three) [15 Marks]

(1) Features of Co - operative Society.

(2) Advantages of E - business.

(3) Responsibilities of Business organization towards government.

(4) Importance of consumer protection.

(5) Importance of coordination.

Q. 4. State with reasons whether the following statements are True or False: [15 Marks]

(1) In a partnership firm the liability of partners is unlimited.

(2) Business organisation do not have various types of social responsibilities.

(3) Lok Adalat can rightly be described as “people’s court”.

(4) According to Taylor, there should be scientific selection and training of employes.

(5) Planning has no vital importance in the process of management.

Q. 5. Write answer of the following. (Any Two) [10 Marks]

(1) State the various types of warehouses?

(2) State the advantages of outsourcing?

(3) State the importance / significance of the principles of management.

(4) Explain characteristics of Entrepreneurship.

Q. 6. Long Answers

Define Joint Hindu Family Firm. Explain the features of a Joint Hindu Family Firm.

Or

Define Bank, explain different types of Banks.