Commercial Studies Specimen Paper 2023 Sec-A Que-1 MCQs Type Solved for ICSE Class-10. Step by step solutions as council prescribe guideline of model sample question paper. Hence student can achieve their goal in next upcoming exam of council. Visit official website CISCE for detail information about ICSE Board Class-10..
Solutions of ICSE Class 10 Commercial Studies Specimen Paper 2023 Sec-A
| Board | ICSE |
| Class | 10th (x) |
| Subject | Commercial Studies |
| Topic | Specimen Paper Solved |
| Syllabus | Revised Syllabus |
| Session | 2022-23 |
| Sec-A | Que-1 MCQs Type |
Warning :- before viewing solution view Question Paper.
ICSE 2023 EXAMINATION SPECIMEN QUESTION PAPER
Commercial Studies
Maximum Marks: 80
- Time allowed: Two hours
- Answers to this Paper must be written on the paper provided separately.
- You will not be allowed to write during the first 15 minutes.
- This time is to be spent in reading the question paper.
- The time given at the head of this Paper is the time allowed for writing the answers.
- Attempt all questions from Section A and any four questions from Section B.
- The intended marks for questions or parts of questions are given in brackets [ ].
ICSE Commercial Studies Specimen Paper 2023 Sec-A
(Attempt all questions from this Section.)
Question 1: Choose the correct answers to the questions from the given options.
(Do not copy the question, write the correct answers only.)
(i) Uberimmae fidae, the principle of insurance means:
(a) Utmost good faith
(b) Contribution
(c) Subrogation
(d) Mitigation of loss
Answer: (a) Utmost good faith
(ii) Safety of capital of contributed is an expectation of:
(a) Employees
(b) Creditors
(c) Society
(d) Employers
Answer: update soon
(iii) Marketing is:
(a) Production oriented
(b) Distribution oriented
(c) Customer oriented
(d) Demand oriented
Answer: (c) Customer oriented
(iv) Who among the following is not an internal stakeholder?
(a) Employers
(b) Shareholders
(c) Employees
(d) Creditors
Answer: (d) Creditors
(v) Which of the following is NOT considered as a Consumer Right?
(a) Right to freedom of speech
(b) Right to consumer education
(c) Right to be informed
(d) Right to safety
Answer: (a) Right to freedom of speech
(vi) are intangible benefits, utilities and satisfactions which are offered for sale.
(a) Product
(b) Market
(c) Price
(d) Services
Answer: (d) Services
(vii) Distribution of free samples, prize contests, clearance sales, etc. are examples of:
(a) Consumer exploitation
(b) Capital receipts
(c) Sales promotion techniques
(d) Objectives of pricing
Answer: (a) Consumer exploitation
(viii) Non-recurring receipts like additional capital, loan, etc. are:
(a) Capital receipts
(b) Revenue receipts
(c) Capital expenditure
(d) Revenue expenditure
Answer: (a) Capital receipts
(ix) Individuals who are hired to do a specific job are known as:
(a) Entrepreneurs
(b) Retailers
(c) Employers
(d) Employees
Answer: (d) Employees
(x) Which consumer right allows the consumer to register his/her dissatisfaction at appropriate forums?
(a) Right to safety
(b) Right to consumer education
(c) Right to be heard
(d) Right to choose
Answer: (c) Right to be heard
(xi) The value of the product or service expressed in terms of money is
(a) Tax
(b) Rent
(c) Income
(d) Price
Answer: (d) Price
(xii) A ………. is an establishment for storage or accumulation of goods.
(a) Bank
(b) Warehouse
(c) Capital Market
(d) E-Commerce platform
Answer: (b) Warehouse
(xiii) The ………. budget contains an estimate of the total volume of production week wise, month wise and product wise.
(a) Production
(b) Purchase
(c) Cash
(d) Sales
Answer: (a) Production
(xiv) The capital of the company is divided into equal parts called ……..
(a) Debentures
(b) Shares
(c) Deposits
(d) Funds
Answer: (b) Shares
(xv) The ………. function of the Central bank involves settling of claims of Commercial banks through a process of book entries.
(a) Monopoly of note issue
(b) Government’s bank
(c) Clearing house
(d) Developmental
Answer: (c) Clearing house
(xvi) Insurance and banking are examples of
(a) Services
(b) Products
(c) Warehouses
(d) Distribution channels
Answer: (a) Services
–: End of Commercial Studies Specimen Paper 2023 Sec-A Que-1 for ICSE Class 10 :—
Return to : ICSE Specimen Paper 2023 Solved
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Thanks
Do not trust this web most of the answers are wrong !!
The 7th choose correct answer is wrong it is sales promotion not consumer exploitation