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Bismilla h

OMTEX CLASSES 2.30 hours



Q.1 (A) Select the correct answer form the possible options given below and rewrite the statements : 5 Marks 1. In a co-operative society the principle followed is ________. (One share one vote, One member one vote,

2. 3. 4. 5.

No vote) Bonded warehouses are located at _____________. (Railway station, villages, Ports) The transactions under _________are between business firms and Consumers. (C to C, B to C, B to B) Ultimate goal of business must be satisfaction of _______ (Shareholders, Consumers, Owners) National commission has _________ members in addition to the president. (2, 3, 4)

(B) Match the correct Pairs: 5 Marks Group A 1. Time Study 2. Controlling 3. Joint Stock Company 4. Maharashtra State Co-operative Societies Act 5. Courier Services

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Group B 1960 1962 Study the time required to do a job Study the body movements of the workers Artificial person Person Corrective action taking All the people are employed DHL RBI

(C) Write a word or a phrase or a term which can substitute each of the following statements: 5 Marks

1. 2. 3. 4. 5.

A consumer dispute redressal agency that handles claims ABOVE 20 lakh rupees. Name the modern process of controlling a business function to someone ele. Principle of concentration power and authority. Creditors who provide finance to business organization. The starting point of management function.

Q.2 Distinguish Between: (Any three) 15 Marks 1. Loan V/S Overdraft 2. Commercial Bank V/S Central Bank 3. Traditional social Responsibility V/S Corporate social Responsibility 4. State Commission V/S National Commission 5. Water Transport V/S Air Transport
Q.3Write short notes: 15 Marks (Any three)

1. 2. 3. 4. 5.

Types of Warehouses Significance of principles of management Principle of Insurance Need for social responsibility. Types of Fire Insurance Policies

Q.4 State with Reasons whether the following statements are True or False: (Any three) 15 Marks 1. A Joint stock company can make huge capital. 2. Credit cards are used for cash payments 3. Taylor is called the father of scientific management 4. Consumer protection Act is a blessing for the consumers 5. Rail transport provided door to door service. Q.5 Answer the Following: 10 Marks (Any two)

1. 2. 3. 4. 5.

Role of NGO's in consumer Protection. Responsibility of commercial organization towards Employee. Importance of Controlling. Factors to be considered for starting a business. Importance of Co-ordination.

Q.6 Define Co-operative Society? Explain its Merits and Demerits? Or Responsibility of commercial Organization towards Shareholder and Government?