7/27/2019 O.C.M. Test Paper III.pdf
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BismillahOMTEX CLASSES O.C.M 80Marks
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,No vote)
2. Bonded warehouses are located at _____________. (Railway
station, villages, Ports)3. The transactions under _________are
between business firms and Consumers. (C to C, B to C, B to B)4.
Ultimate goal of business must be satisfaction of _______
(Shareholders, Consumers, Owners)5. National commission has
_________ members in addition to the president. (2, 3, 4)(B) Match
the correct Pairs:
5 Marks
Group A Group B
1. Time Study2. Controlling3. Joint Stock Company4. Maharashtra
State Co-operative SocietiesAct5. Courier Services
1. 19602. 19623. Study the time required to do a job4. Study the
body movements of the workers5. Artificial person6. Person7.
Corrective action taking8. All the people are employed9. DHL10.
RBI
(C) Write a word or a phrase or a term which can substitute each
of the following statements:
5 Marks
1. A consumer dispute redressal agency that handles claims ABOVE
20 lakh rupees.2. Name the modern process of controlling a business
function to someone ele.3. Principle of concentration power and
authority.4. Creditors who provide finance to business
organization.5. The starting point of management function.
Q.2 Distinguish Between: (Any three)
15 Marks
1. Loan V/S Overdraft2. Commercial Bank V/S Central Bank3.
Traditional social Responsibility V/S Corporate social
Responsibility4. State Commission V/S National Commission5. Water
Transport V/S Air Transport
Q.3Write short notes: (Any three)
15 Marks
1. Types of Warehouses2. Significance of principles of
management3. Principle of Insurance4. Need for social
responsibility.5. Types of Fire Insurance Policies
7/27/2019 O.C.M. Test Paper III.pdf
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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 payments3. Taylor is called the father of
scientific management4. Consumer protection Act is a blessing for
the consumers5. Rail transport provided door to door service.
Q.5 Answer the Following: (Any two)
10 Marks
1. Role of NGO's in consumer Protection.2. Responsibility of
commercial organization towards Employee.3. Importance of
Controlling.4. Factors to be considered for starting a business.5.
Importance of Co-ordination.
Q.6 Define Co-operative Society? Explain its Merits and
Demerits?
Or
Responsibility of commercial Organization towards Shareholder
and Government?
