February 26, 2014

Junior Inter Commerce Model Paper - Part 1

Part-I (50 Marks) - Section - A
Answer any TWO of the following questions not exceeding 40 lines each. 2 x 10 = 20
1. Explain the merits and demerits of Partnership?
2. Distinguish between Memorandum of Association and Articles of Association?
3. Explain the features of equity shares?

Section - B

Answer any FOUR of the following questions not exceeding 20 lines each. 4 x 5 = 20

4. Explain the hindrances of exchange of produces?
5. Define Joint Hindu Family and explain it's advantages?
6. Explain the need for business finance?
7. Explain any five characteristics of debentures?
8. Explain any five merits of Public Sector Undertakings?
9. Explain any five demerits of Multinational Company?

Section - C

Answer any FIVE of the following questions not exceeding 5 lines each. 5 x 2 = 10

10. Define the term "Business"?
11. What is an entrepot trade?
12. Define the term "Coparcener"?
13. Explain any two principles of Cooperative Stores?
14. What is minimum subscription?
15. Define "Government Company"?
16. Define the term "Preference Capital"?
17. Define the term "Private Sector"?

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