ISC Business Studies 2013 Class-12 Previous Year Question Paper

ISC Business Studies 2013 Class-12 Previous Year Question Paper Solved for practice. Step by step Solutions with Questions of Part-1 and 2. By the practice of Business Studies 2013 Class-12 Solved Previous Year Question Paper you can get the idea of solving.

Try Also other year except ISC Business Studies 2013 Class-12 Solved Question Paper of Previous  Year for more practice. Because only ISC Business Studies 2013 Class-12 is not enough for complete preparation of next council exam. Visit official website CISCE for detail information about ISC Class-12 Business Studies.

ISC Business Studies 2013 Class-12 Previous Year Question Paper Solved

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Maximum Marks: 80
Time allowed: Three hours

  • Candidates are allowed additional 15 minutes for only reading the paper. They must NOT start writing during this time.
  • Answer Question 1 (Compulsory) from Part 1 and five questions from Part II, choosing two questions from Section A, two questions from Section B and one question from either Section A or Section B.
  • The intended marks for questions or parts of questions are given in brackets [ ].


Answer all questions

ISC Business Studies 2013 Class-12 Previous Year Question Paper Solved 


Question 1.
Answer briefly each of the questions (i) to (xv).
(i) Explain the importance of campus recruitment as one of the sources of recruitment.
(ii) Why is a disciplinary interview conducted?
(iii) State the significance of conducting refresher training.
(iv) What is the importance of team work in the successful functioning of an organization?
(v) Define remuneration. What is meant by incentives in the context of remuneration?
(vi) What is a time card ? State any one benefit of a time card to the organization using it.
(vii) What is meant by open promotion system and closed promotion system?
(viii) State any two essential requirements of a fair staff dismissal procedure.
(ix) Explain any two limitations of recruitment interview.
(x) Define report.
(xi) What is a note of dissent ?
(xii) As per the Companies Act 1956, how frequently should a Company hold Board Meetings in a year ?
(xiii) State any two limitations of visual communication.
(xiv) Give any two advantages of using post boxes /post bags while receiving mail through a Post Office.
(xv) With reference of postal remittances, expand the following:
(a) T.M.O
(b) VP.P
Answer 1:
(i) Importance of Campus Recruitment:
The companies will be benefited from getting wide choice of candidates to select for different job posts. Companies can select the right and talented candidate from a vast pool of young applicants within a limited time. On the other hand, students have the advantage of getting a good job according to their qualification level even before the completion of their academic course in college.

Campus recruitment helps in saving time and efforts of the companies. The entire campus recruitment process from a college is not a tedious toil. It prevents the occurrence of unusual expenditures related to recruitment process such as advertisement, initial screening, and final selection procedures etc. This in turn turns to be useful in reduced manpower effort and time as well.

(ii) Disciplinary interview is conducted for an employee in connection with alleged misconduct. It is essential to have a fair procedure in place and to follow it consistently. Before the interview occurs, the employer should investigate the matter promptly and thoroughly and review the available evidence.

(iii) Significance of Refresher Training

  • To keep pace with the new technologies.
  • To become the beneficiaries of the current innovations.
  • To get the best out of your people.
  • To update with the latest trends.
  • To bridge the gap between a millennial and a boomer.

(iv) Team work is essential in organizations for better output and a better bonding among employees.

  • Tasks are accomplished at a faster pace when it is done by a team rather than an individual.
  • There is always a healthy competition among the team members.

(v) Remuneration is the pay or compensation that one receives for a service. It is a reward for employment in the form of pay, salary, or wage, including allowances, benefits (such as company car, medical plan, pension plan), bonuses, cash incentives, and monetary value of the non-cash i incentives.

An incentive is an object, item of value, or desired action or event that spurs an employee to do more of whatever was encouraged by the employer through the chosen incentive. Recognition incentives, reward incentives, appreciation incentives are the main forms of incentives.

(vi) Time card is a card for recording the time at which an employee arrives at and departs from a job. The major benefit of time card to the organization is that there remains punctuality in attendance of the employees and through this card, total number of hours worked per day is ; arrived at.

(vii) Open Promotion System: A promotion system in which available jobs and their requirements are posted on an employee bulletin board and in which all qualified employees are free to apply for the available positions.

Closed Promotion System: A promotion system in which managers decide which workers will be considered for a promotion.

(viii) Fair warning to terminate an employee Every employee should be given the chance to reach the standards you set and be given a fair hearing. Your HR policy should set fair and clear procedures for discipline and dismissal. Use our HR manual template to set up your policy. Required notice period.

This varies depending on how long they have worked for the business. You may also choose to pay ‘payment in lieu of notice’ (money equal to the wages for the notice period) if you would like the employee to stop working immediately or before the end of the notice period.

(ix) Limitations of Recruitment Interview

  • Some applicants may feel uncomfortable during personal interviews, causing them to forget key points about themselves or give a bad impression.
  • Finally, interviews rely on the interviewer’s own sense of judgement and don’t guarantee the best outcome.

(x) A report is a document containing information organized in a narrative, graphic, or tabular form prepared on adhoc, periodic, recurring, regular, or as required basis. Reports may refer to specific periods, events, occurrences, or subjects, and may be communicated or presented in oral o written form.

(xi) A note of dissent is an expression of an opinion different from a prevailing or official position disagree.

(xii) Frequency of Meeting : Section 173 of the Act deals with Meetings of the Board and Section 174 deals with quorum.
The Act provides that the first Board meeting should be held within thirty days of the date of incorporation.

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