ICSE – X – Commercial Studies
ICSE Guess Paper – COMMERCIAL STUDIES
(Time – Two hours)
[Issued by ICSE - Board]
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 [ ].
SECTION A (40 Marks)
Attempt all questions from this Section
(a) Income & Expenditure Account and Profit & Loss Account. 
(b) Capital Expenditure and Revenue Expenditure. 
(c) Direct cost and Indirect cost. 
(d) Advertising and Sales promotion. 
(e) Formal communication and informal communication. 
(a) List any two qualities of a good salesman. 
(b) Explain the term Deferred Revenue Expenditure. 
(c) List two features of Receipts and Payments Account. 
(d) What is ATM? What is its need? 
(e) Give any two merits of water transportation. 
(a) What is Budgeting? 
(b) Explain any two sources of external recruitment. 
(c) Give any two differences between internal and external stakeholders. 
(d) Differentiate between a credit card and a debit card. 
(e) Name any two eco friendly technologies. 
(a) Give any two advantages of crossing a cheque. 
(b) Name any two methods of market research. 
(c) Give any two barriers to effective communication. 
(d) Give any two rights of consumers. 
(e) What is Chipko Movement? 
SECTION B (40 Marks)
Attempt any four questions from this Section
(a) Explain three documents used in Warehousing. 
(b) Explain four Code of Conduct of the advertiser. 
Question 6(a) Explain any two types of selection tests. 
(b) Write a short note on: Role of Trade Union. 
(a) Explain the expectations of any two types of stakeholders of a company. 
(b) Make a comparative analysis of rail and road transport. 
Define Insurance. Explain any four principles of insurance. [10
(a) Explain five functions of Central Bank. 
(b) Suggest any five steps which a business organization can take to improvethe environment. 
Prepare the final accounts of Mr. David for the year ended 31-03-08 from thefollowing trial balance: 
Debit (Rs.) Credit (Rs.)
Stock as on 1-04-07 15,200
Capital & Drawings 5,000 70,000
Purchases & Sales 80,000 1,50,000
Debtors and Creditors 30,000 25,000
Carriage on purchases 10,000
Discounts 2,000 1,200
Carriage on sales 5,000
Commission received 5,000
Returns 5,000 7,000
Bills receivable and bills payable 10,000 10,000
Cash in hand 3,000
Bank overdraft 7,000
Closing stock was valued at Rs.25,000.