{"id":5816,"date":"2023-03-12T10:00:43","date_gmt":"2023-03-12T04:30:43","guid":{"rendered":"https:\/\/www.aplustopper.com\/?p=5816"},"modified":"2023-03-13T09:31:31","modified_gmt":"2023-03-13T04:01:31","slug":"icse-previous-papers-solutions-class-10-commercial-studies-2013","status":"publish","type":"post","link":"https:\/\/www.aplustopper.com\/icse-previous-papers-solutions-class-10-commercial-studies-2013\/","title":{"rendered":"ICSE Commercial Studies Question Paper 2013 Solved for Class 10"},"content":{"rendered":"
ICSE Commercial Studies Previous Year Question Paper 2013 Solved for Class 10<\/h2>\n
ICSE Paper 2013<\/strong><\/span>
\nCOMMERCIAL STUDIES<\/strong><\/span><\/p>\n(Two Hours)<\/strong><\/em>
\nAnswers to this Paper must be written on the paper provided separately.<\/em>
\nYou will not<\/strong> be allowed to write during the first 15<\/strong> minutes.<\/em>
\nThis time is to be spent in reading the Question Paper.<\/em>
\nThe time given at the head of this Paper is the time allowed for writing the answers.<\/em>
\nAttempt all<\/strong> questions from Section A<\/strong> and any four<\/strong> questions from Section B.<\/strong><\/em>
\nThe intended marks for questions or parts of questions are given in brackets [ ].<\/em><\/p>\nSection-A (40 Marks)<\/span><\/strong>
\n(Attempt all<\/strong> questions from this Section)<\/em><\/p>\nQuestion 1:<\/strong>
\nDistinguish between:
\n(a)\u00a0<\/strong>Variable Cost and Semi-Variable Cost. [2]<\/strong>
\n(b)<\/strong> Savings Account and Current Account. [2]<\/strong>
\n(c)<\/strong> A Private Warehouse and a Public Warehouse. [2]<\/strong>
\n(d)<\/strong> A Production Budget and a Sales Budget [2]<\/strong>
\n(e)<\/strong> A Brand and a Grade. [2]<\/strong><\/p>\nAnswer:<\/strong><\/p>\n(a)<\/strong><\/p>\n\n\n\nVariable Cost<\/strong><\/td>\nSemi-Variable Cost<\/strong><\/td>\n<\/tr>\n\n1. Variable costs are those costs which vary in amount which changes in the level of output or activity. Such costs increase and decrease in same proportion in which the level of output increa\u00adses or decreases.<\/td>\n | Semi variable costs are those costs which vary but not in direct proportion to changes in the volume of production. They are a combi\u00adnation of fixed and variable costs.<\/td>\n<\/tr>\n | \n2. Ex: Direct material cost, Direct labour cost.<\/td>\n | Ex: Telephone charges – Rent remains fixed upto a limited no. of calls and variable with calls made thereafter.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n (b)<\/strong><\/p>\n\n\n\n\n Saving Account<\/strong><\/p>\n<\/td>\n\n Current Account<\/strong><\/p>\n<\/td>\n<\/tr>\n\n\n 1. To develop habit of saving.<\/p>\n<\/td>\n | To carry on business dealings.<\/td>\n<\/tr>\n | \n2. Restrictions on number of withdrawl.<\/td>\n | \n No restrictions on number of withdrawls.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n (c)<\/strong><\/p>\n\n\n\n\n Private Warehouse<\/strong><\/p>\n<\/td>\n\n Public Warehouse<\/strong><\/p>\n<\/td>\n<\/tr>\n\n\n 1. Private warehouses are owned by manufacturers and traders to store the goods produced or purchased by them until they are sold out.<\/p>\n<\/td>\n | Public warehouses may be owned by Government, Public trusts and other public authorities.<\/td>\n<\/tr>\n | \n2. Private warehouses are generally located in rural and suburban areas where space is available at low cost.<\/td>\n | \n Public warehouses are located in places which are well connected by roads, railways, waterways and air ways.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n (d)<\/strong><\/p>\n\n\n\n\n Production Budget<\/strong><\/p>\n<\/td>\n\n Sales Budget<\/strong><\/p>\n<\/td>\n<\/tr>\n\n\n 1. It contains an estimate of the total production of a specific period of time.<\/p>\n<\/td>\n | It is a forecast of sales to be achieved during a specific period of time.<\/td>\n<\/tr>\n | \n2. Production budget ensures sufficient stock for sales and to manufacture goods in the most economical manner.<\/td>\n | \n Sales budget shows the breakup of total sales productive, territorywise and monthwise.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n (e)<\/strong><\/p>\n\n\n\nBrand<\/strong><\/td>\nGrade<\/strong><\/td>\n<\/tr>\n\n\n It is a process of giving a different name to a particular product by which it is to be known and differen\u00adtiated from the other similar products.<\/p>\n<\/td>\n | \n It is a process of sorting products according to their physical attributes. (i.e., shape, colour, size, quantity etc.)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Question<\/strong> 2:<\/strong> \n(a) <\/strong>Give any two methods used for On-the-Job training. [2]<\/strong> \n(b)<\/strong> Explain \u2018Indirect Cost\u2019. [2]<\/strong> \n(c)<\/strong> Why is gratuity given by an employer to an employee? [2]<\/strong> \n(d)<\/strong> What is Trademart? [2]<\/strong> \n(e)<\/strong> Give two examples of efficient and eco-friendly technology. [2]<\/strong><\/p>\nAnswer:<\/strong> \n(a) Two methods of On-the job training are:<\/strong><\/p>\n\n- Coaching:<\/strong> Under this method the employee is trained on-the-job by his immediate superior.<\/li>\n
- Job Rotation: <\/strong>Under this method the employee is moved from one job to another at planned period of time. This exposure at different levels, makes the employee multi dimensional.<\/li>\n<\/ol>\n
(b) Indirect Cost:<\/strong> It refers to those expenses which are not directly absorbed or chargeable in the process of production, e.g., rent of a factory building.<\/p>\n(c) Gratuity<\/strong> is a time based benefit given to an employee when he leaves his employment after having worked under a specific employer for certain number of years. It is a voluntary payment made by an employer to his employees as a loyalty bonus who retires or leaves the service after a long period of time with a dedicated service record. It grants security to the employees against the risk of old age.<\/p>\n(d) Trade Mark:<\/strong> When a Brand name, mark or a symbol is legally registered it becomes a trade mark. Trade mark gives sellers exclusive rights to use the brand name or mark.<\/p>\n(e) Two examples of efficient and eco-friendly technology:<\/strong><\/p>\n\n- Energy efficient technology is a form of eco-friendly technology because with increasing amount of coal or oil being used, not only will exhaust them but also increases the rate of green house gases. This is one main reason for adopting fuel efficient technology in almost all sectors of industry, which results in saving the natural resources for a longer time, providing alternate choice other than them.<\/li>\n
- Recycling is reusing substances or products. It is an efficient and environment friendly measures to conserve raw materials and nature, e.g., paper industry which turns waste paper into new paper products.<\/li>\n<\/ol>\n
Question 3:<\/strong> \n(a)<\/strong> State two expectations of Competitors or Associates from a business concern \/ enterprise. [2]<\/strong> \n(b)<\/strong> Give any two suggestions to draw the attention of viewers to an advertisement of a product \/ service marketed by your company. [2]<\/strong> \n(c)<\/strong> Briefly explain the concept \u2018Marketing Research\u2019. [2]<\/strong> \n(d)<\/strong> What is meant by \u2018the Clearing House Function\u2019 of the Reserve Bank of India? [2]<\/strong> \n(e)<\/strong> Explain the term Brand Equity. [2]<\/strong><\/p>\nAnswer:<\/strong> \n(a)<\/strong> Two expectations of competitors from a business concern:<\/strong><\/p>\n\n- To adopt fair trade practices regarding price, quality and service.<\/li>\n
- To promote co-operation and healthy competition.<\/li>\n<\/ol>\n
(b) Two suggestions to draw attention of viewers to an advertisement:<\/strong><\/p>\n\n- It should have an conviction value to attract the attention of the viewers, otherwise without being noticed it would be a wasteful expenditure.<\/li>\n
- A good advertisement should educate the people by providing adequate knowledge about the product or service, which could help the potential customers to reach a buying decision and ease the usage after buying it.<\/li>\n<\/ol>\n
(c)<\/strong> Refer Ans. 4. (c), 2016.<\/strong><\/a><\/p>\n(d) Clearing House Function of RBI: <\/strong>RBI settles the claims of commercial banks through a process of book entry in their respective accounts with RBI. It reduces the chances of financial crisis due to cash withdrawl when it is needed more.<\/p>\n(e) Brand Equity:<\/strong> It means the economic value associated with a brand strength to gain more and more brand loyalty. It gives an opportunity to capture and maintain a consistent market share. It provides stability to an organisation\u2019s sales volume and stands for a certain level of quality in a customer\u2019s mind.<\/p>\nQuestion 4:<\/strong> \n(a) <\/strong>Distinguish between a Debit Card and a Credit Card. [2]<\/strong> \n(b)<\/strong> State any two rights of a Consumer. [2]<\/strong> \n(c)<\/strong> Write a short note on the Chipko Movement. [2]<\/strong> \n(d)<\/strong> What do you understand by Audio-Visual Communication? [2]<\/strong> \n(e)<\/strong> State two advantages of Road Transport over Air Transport. [2]<\/strong><\/p>\nAnswer:<\/strong> \n(a)<\/strong><\/p>\n\n\n\n\n Debit Card<\/strong><\/p>\n<\/td>\n\n Credit Card<\/strong><\/p>\n<\/td>\n<\/tr>\n\n\n 1. The account holder must have money in his account.<\/p>\n<\/td>\n | The balance in the account is not necessary.<\/td>\n<\/tr>\n | \n2. As the card holder uses his own money.<\/td>\n | \n As the card holder is granted credit by the bank up to a specific limit, on which interest is payable.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n (b) Rights of Consumer:<\/strong><\/p>\n\n- Right to Safety:<\/strong> This right protects the customers against the sale of goods which are hazardous to life and property, e.g., electrical equipments, gas cylinders etc.<\/li>\n
- Right to be heard: <\/strong>The consumer is free to register his complaint regarding the product at appropriate forums.<\/li>\n<\/ol>\n
(c) Chipko Movement:<\/strong> It is a tree-embracing movement started in April 1973 in Mandal Village in Uttrakhand against felling of trees by forest contractors. It is a spontaneous peoples movement started by the village women based upon non\u00acviolent resistance reflecting awareness of the local people against environmental degradation. Mr. Chandi Prasad Bhatt and Mr. Sunderlal Bahuguna led the movement from the front.<\/p>\n(d) Audio-Visual Communication:<\/strong> Audio visual communication combine both sound and visual effects. The information presented through this mean gives an interesting and attractive form to it, with a greater memorising value.<\/p>\n(e) Advantages of Road Transport over Air Transport:<\/strong><\/p>\n\n- Door to Door Service:<\/strong> Road transport provides complete service by loading the goods at Consignor\u2019s place and unloading them at the consignee\u2019s place. There is also no need to wait for fall load shipment.<\/li>\n
- Feeder Service:<\/strong> Motor vehicles carry goods to terminal points e.g., air ports, railway^tation, sea ports. They are also used for carrying goods to outlying villages which are not connected by airways or railways.<\/li>\n<\/ol>\n
Section – B (40 Marks)<\/strong><\/span> \n(Answer any four<\/strong> questions from this section)<\/em><\/p>\nQuestion 5:<\/strong> \n(a) <\/strong>Differentiate between Shareholders and Creditors as Stake holders of a commercial organisation. [5]<\/strong> \n(b)<\/strong> Distinguish between oral communication and written communication. [5]<\/strong><\/p>\nAnswer:<\/strong> \n(a)<\/strong><\/p>\n | | | | | | | | | | | | | | | | | |