OMTEX CLASSES

PRELIMINARY EXAMINATION 2004 – 2005 TOTAL MARKS100

ROLL NO TIME 3HR.
SUBJECT O.C

Q.1 [A] FILL IN THE BLANKS

1. Standardization is a -----------process.[physical,mendal,mechanical,creative]
2. As per consumer protection act, there is a -------------system for solving the
complaints of the consumers.[two tier, three tier, four tier, five tier]
3. The maximum number of co-parceners in a joint Hindu family business
are------------. [Two, three, five, unlimited]
4. A company may adopt ‘Table-A’ in place of the -----------------.[memorandum
of association, articles of association, incorporation certificate, prospectus]
5. --------------means collecting agricultural goods at a central place for their
distribution. [grading, branding, packing, assembling]

[B] MATCH THE FAIRS

No GROUP A no GROUP B
1 I.S.I a Reasonable prices
2 Government b Dividend
3 Employees c Supreme court judge
4 Consumer movement d High court judge
5 National commission e 1976
f 1920
g regular payment of taxes
h fair wages
i agricultural goods
j industrial goods

[C] SUGGEST THE APPROPRIATE COPMMERCIAL TERM/PHRASE FOR THE

FOLLOWING STATEMENTS
1. Name the type of shares on which the rate of dividend is fixed
2. The marketing function giving the distinctive individually to a product with a
name
3. Name the type of cheque on which two parallel lines are drawn
4. Name the act which protects the interest and rights of consumers.
5. one share one vote

[D] COMPLETE THE FOLLOWING STATEMENTS

1. The liability of a partner is ------------------.
2. Minimum -----------members required to form a co-operative society.
3. cold storage is necessary for -------------------------
4. --------------insurance is a contract between two insurance companies.
5. Policy covering goods at different places of different goods--------------.

Q.2 DISTINGUISHES BETWEEN [ANY THREE] [15 MARKS]

1. Equity shares and preference shares
2. Life insurance policy and fire insurance policy
3. Air transport and Road transport
4. Current deposit and fixed deposit
5. Partnership firm and joint stock company

Q.3 WRITE SHORT NOTES ON [ANY THREE] [15 MARKS]

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 OMTEX CLASSES
PRELIMINARY EXAMINATION 2004 – 2005 TOTAL MARKS100
ROLL NO TIME 3HR.
SUBJECT O.C

1. Types of customers
2. partnership deed
3. Advantages of Air transport
4. features of Joint Hindu family business
5. importance of consumer movement

Q.4 STATE WITH REASONS WHETHER THE FOLLOWING STATEMENTS ARE

TRUE OR FALSE [ANY THREE] [15 MARKS]
1. Motor transport is suitable for short distance
2. consumer have no any rights in India
3. Maximation of profit is the main motto of a co-operative society.
4. Reserve bank of India acts as ‘Banker’s Bank’
5. In India all partnerships are general firms.

Q.5 PREPARES FORMAT/PROFORMA/ OF THE FOLLOWING [ANY THREE]

1. Notice of the statutory meeting [15 MARKS]
2. special crossing
3. bank draft
4. certificate of incorporation
5. Share allotment letter.

Q.6 Dine partnership firm? Mention their merits and demerits [or] [10 MARKS]
Discuss the various kinds of companies

Q.7 explains the responsibilities of commercial organisation towards society and

consumer [or] defines sole trading concern and mentions their features. [10 marks]

BEST OF LUCK

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