V.M.G.

RAJASEKARAN-RAMANI
SRI SARADA SAKTHI
MAT. HR. SEC. SCHOOL
STD: XII COMMERCE -Compulsory questions
PART-B,C
Question No 30,40 is Compulsory
1.The production manager establishes a quality control standards where invite defects
are permissible for every 100 units .What is the management principle highlighted here?
Explain –MBE
2.The proprietor takes goods from his business for his personal use as a contract of sale
.why?
However, there is one exception .When the goods of a person are sold
in execution of a decree , he himself may buy the goods retain their ownership.
3. Suresh wants 0+ve blood for his one month old child for an emergency which type of
marketing technique will he use?
Viral marketing
4. As a famous film director what selection test would you conduct to select a skilled
music director.
Achievement test
5. Vijay makes a sale deal with Ajith. That means if I got the car from Vikram ,
I will sell it, What king of Contract does this come with?
Contingent goods.
6. The owner takes inventory from his profession for own benefit. can this be considered
a merchandise deal?
No, It cannot be considered as Merchandise deal as the owner is taking out for
his own benefit it should be considered as drawing.

7. Gomathi father has gifted a large share of cement company .The securities in the
physical form . She has a bank account and she does not possess any of the form of
securities. She wishes to sell the share and approached a registered broker for the
purpose. Mention one mandatory detail which she have to provide with the broker.
Trading has become more convenient as one can trade
through computers at any location without need of visiting a broker.
8.He/she takes initiative necessary to start an entity under corporate format. He/she
arranges to fulfill the formalities to start a corporate entity under compay law. Who is
he/she?
Corporate entrepreneur
9. Oil and coffee are sold is company market Mention the market to which they belong.
Produce exchange market(Commodity market)
10.Give three suggestion to a salaried employee to invest in Gilt-Edged securities
 Guaranteed return on investment
 No speculation in Securities
 Institutional based investors which are compelled by law to invest apportion
of their funds in these securities.
 Predominated by such institutions as LIC, GIC, PFs and the commercial
banks.
 Heavy volume of transactions necessitating negotiation of each transaction

11.What is the name of the rule which is applicable only in the suitable where it is not
possible to check the described item/inventory and know the truth?
 80-20 rule is the rule which is applicable only in the situation where it is not
possible to check the described item/inventory and know the truth.
  80-20 rule is also referred to as the Pareto Principle.
 This rule states that 80% of the output result is dependent on the 20% of inputs
provided.
 As a result, the input is given lots of importance for maximum productivity and
the best outcomes.
 It focuses only on the assets to derive the maximum value.
 This rule does not believe in checking the item/inventory to confirm or to know
the truth. It believes in focusing on the 20% which has the capability to generate
80% efficiency.

12.what is the name of the marketing that secretly advertises their product with the
advertiser in order to impress the customer without and funding for an event.
Ambush Marketing
13.Mr.Mohan is a CEO of CRP groups ,Rohan is one of the subordinates of the
company, who issued orders to Mr.Mohan. True or False? Justify.
False. CEO has substantial powers of
Management over the affairs of the company subject to superintendence, direction
and control of the board.
14.Mr.Arun is appointed by the members of stock exchange and he transacts on behalf
of his employer. Identify who is Mr. Arun?
Authorized clerks
Mr. Varun is a person who invests in new companies and try to sell at higher price.
Identify the speculator
Premium hunter.
Mr.Ramu is an independent dealer in stock exchange, They buy and sell on their own
and enjoy through price change. Identify who Ramu?
Jobbers
15.In IPL 20-20 match Kannan &co send a 20 employees as a audience wearing the
company name T-Shirt .What kind of Marketing.
Ambush marketing
16.A sells to B a product .In these sales “a gets commission on sale to B Who on turn
sells to andC,D E. A gets certain percentage commission on B sales to C,D,E .What type
of marketing strategy is this?
Multilevel marketing
17.Mrs.Ramya wishes to start anew business unit. Explain any 5 ChallengesThat she
will face?
Women Entrepreneurs
 Problem of finance
 Limited Mobility
 Lack of Education
 Lack of Network support
 Stiff Competition
18.A single person does not contain a meeting so it has to be sun that the required
number of people are present. Requisite number of person at the meeting is called as ----
---------
Quorum
19.Mr.Madan goes to Mr.Raja to buy a bike .The bike is show room .While not deciding
what bike to buy .Explain what kind inventory.
Unascertained (or) Generic goods
20.Raja hopes to transfer money to someone through Cross cheque. What should he do?
General crossing
21.Mr.Aakash brought ½ kg of black pepper from Pandian stores, Tiruppur. While
opening the packet he found so me papaya seeds inside it. Explain how he is exploited
and how to register the complaints?
Adulteration

The complaint should be registered by the following ways:

1. Complaint can be registered within 2years from the date on which the cause
of action has arisen, to the date on which the completion from the deficiency
in service.
2. Stamp paper is not required for declaration
3. Complaint can be registered, in person, by the complainant or through his
authorised agent or by post addressed to the Redressal Agency.
4. Advocates are not necessary.
22.You are buying a object by knowing 2 yrs old. Then you feel like its 5 year old. What
will you do?
Condition as to description
 In a contract of sale by description, there is an implied condition that
goods supplied should agree with the descriptions made by the seller.
 eg. ‘A’ has bought a machinery from ‘B’ who described it to be just one
year old. After buying the machinery and using it for a month, ‘A’ came
to know that it is very old machinery.
 In this case, ‘A’ can return the machinery to ‘B’ on the ground that
machinery is not as per the description i.e. not recent one.
23. Why is medical examination of employees necessary?
The main purpose of medical examination is to find out
1. Physical fitness of the candidate under selection to the job concerned
2. To protect the existing employees of business organization from the
infectious diseases likely to be spread by the candidate selected
3. To check excessive expenditure in the treatment of selected employee
after placement.
24.Raghu bought a washing machine from a company with a warranty of two years. The
washing machine broke within two months of use Raghu immediately lodged a
complaint with the company .But the company did not take any action. In this situation.
Give your suggestions to Raghu.
Raghu must first registered the complaint in the consumer court.
The complaint should be registered by the following ways:
1. Complaint can be registered within 2 years from the date on which the
cause of action has arisen, to the date on which the completion from the
deficiency in service.
2. Stamp paper is not required for declaration
3. Complaint can be registered, in person, by the complainant or through his
authorised agent or by post addressed to the Redressal Agency.
4. Advocates are not necessary.
The complaint should contain the following particulars:
1. The name and complete address of the complainant
2. The name and complete address of the opposite party/parties
3. Date of purchase of goods or services availed
4. Amount paid for the above purpose
5. Particulars of goods purchased with number or details of services availed
6. The details of complaint, whether it is against Unfair Trade
Practices/supply of defective goods/deficiency in service provided/collection
of excess price, should explicitly be mentioned in the complaint petition.
7. Bills/receipts and copies of related correspondence, if any.
25.Give any three cases in which an ordinary resolution need to be passed?
  To appoint the directors
 To redeem the debentures.
 To declare the dividends.
26.Jothi graduated with a Bachelor of Commerce degree and did not want to work for
others for a monthly salary but joined a bookkeeping training centre and got trained and
engaged in bookkeeping business. What Kind of entrepreneur is she?
Women entrepreneur.
27. Government securities are examples of which assets? Explain.
Marketable assets are those which can be easily transferred from one person
to another without much hindrance.
28.Which assets cannot be used for further production. Its useful for consumption only.
Physical assets
29.Explain cut off rate?
364 days Treasury Bills do not carry any fixed rate. The discount rate on these
bills are quoted in auction by the participants and accepted by the authorities.
Such a rate is called cut off rate.
30. open market operations the central bank absorbs surplus cash during ------------and
provides additional liquidity in the ------------------.
off-seasons, Busy seasons
31.What is meant by Near money?
Short term funds market purely short term funds or financial assets called
near money
32.If you are a Human resource manager on the job training or off the job training given
to employees or workers?
 On the job training is best.
 Because practical approaches
 At the work place
 Cheapest to carry out
33.Which company was trade the securities in demat form in first. How many shares?
Reliance industries was the first company to trade its 100 shares in
demat form.
34. E-commerce is now developed in India. Do you agree?
Yes,agree .Now –a-days In the Globalised business environment, the marketer must
move goods faster and quicker to satisfy the consumers’ needs and wants by
serving the best quality goods and services.
35.If the payee is an illiterate how can be endorse a negotiable instrument?
If the payee is an illiterate person , he can endorse it by affixing his thumb
impression on the instrument. But it must be duly attested by somebody who
should give his full address thereon.
36.X bought from Y a heap of wheat at a rate of Rs 8per kg and Y had to weight the
wheat. Before weighting was completed. The Wheat was destroyed by fire. State whether
X is liable to pay the price or not why?
NO,X is not liable to pay the price. Because it is yet to ascertain the
ownership of property transferred only if Y is weigh the wheat.so they not
enter the contract
37.When there is no space in Negotiable instrument for making further endorsement ,how can it be
endorsed?(193)
 If the space on the back is in sufficient , a piece of paper can be attached to the instrument for this
purpose.
 This piece of paper is called Allonge.
38. X Public Ltd., company issued equity shares and preference shares. After some years the company
went into liquidation. Which type of shareholder will get their share capital first ?Explain.
Preference share holders will get their share capital first because they have preferential rights with
regard to dividend and repayment of share capital at the time of liquidation of a company.