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Wednesday, February 15, 2017

AHSEC - Class 11: Economics Notes (Part B)

PART B: INDIAN ECONOMIC DEVELOPMENT
INDIAN ECONOMY AT THE TIME OF INDEPENDENCE
Q.1. What was the condition of agriculture sector at the time of Independence?
Ans: 1) Low level of agricultural productivity, 2. High dependence on Monsoon, 3. Lack of Proper Input, 4. Lack of storage facility, 5. Lack of Agricultural marketing.
Q.2 What was the condition of Industrial sector at the time of Independence?
Ans: (i) Discriminatory Tariff Policy, (ii) Competition from machine by the handicraft man, (iii) New Patterns of Demand, (iv) More market for British Good, (v) Lack of public and private finance for industrial sector.
Q.3. What was the condition of foreign trade under the British rule?
Ans: (i) Due to discriminative tariff policy adopted by the British Government, India became net exporter of raw materials and primary products.
(ii) Composition of exports and imports showed the backwardness of Indian economy.
(iii) Surplus profit made and account of foreign trade during the British rule was distributed on administrative and as well as on war expenses.
Q. 4. Mention the demographic profile during the British rule.
Ans: 1) High birth and High death rate implied low survival rate. 2) Life expectancy was as low as 32 years which shows the lack of health care facilities, lack of awareness as well as lack of means for health care. 3) Literacy rate was as low as 16 percent, which reflects the social and economic backwardness of the country.

Tuesday, February 14, 2017

AHSEC - Class 11: Economics Notes (Part A)

Part A: Statistics for Economics Complete notes (50 Marks expected)
Q.1. What is economics? Who is called father of economics and statistics?
Ans: Economics is the science which studies human behaviour as a relationship between scare means and ends.
Adam smith is called father of economics.
Gottfried Achenwall is called father of statistics.
Q.2. Define the term Statistics. What are its Characteristics? Mention its Functions and Limitations.
Ans: Statistics: The word Statistics seems to have been derived from the Latin word “status” or the Italian word Statista.
By Statistics we mean aggregates of facts affected to a marked extent by multiplicity of causes, numerically expressed, enumerated or estimated according to reasonable standards of accuracy, collected in a systematic manner for a predetermined purpose and placed in relation to each other.
Characteristics of Statistics:
(i) Statistics are aggregates of facts. (ii) Statistics must be numerically expressed.  (iii) Statistics should be capable of comparison and connected to each other. (iv) Statistics should be collected in a systematic manner. (v) Statistics should be collected for a definite purpose.
Importance of Statistics: Statistics is widely used in many fields.

AHSEC - Class 11: Economics Syllabus

AHSEC – Class 11 Economics: Syllabus and Unit wise Distribution of Course contents
Unit No.
Title
Marks

PART A : STATISTICS FOR ECONOMICS

03
12
30
05

10
8
25
07

Unit – I
Unit – II
Unit – III
Unit – IV
Introduction to Economics
Collection, Organisation and Presentation of Data
Statistical Tools and interpretation
Developing Projects in Economics

PART – B : FINANCIAL ACCOUNTING – II (40 Marks)
Unit – V
Unit – VI
Unit – VII
Unit – VIII
Development Policies and Experience ( 1947-90)
Economic Reforms since 1991
Current Challenges facing Indian Economy
Development experience of India – A
Comparison with neighbors.

Total
100

Part – A : STATISTICS FOR ECONOMICS.
In this course, the learners are expected to acquire skills in collection, organisation of quantitative and qualitative information pertaining to various, but simple, economic aspects systematically. It also intends to provide some basic statistical tools to analyses and interpret any economic information and draw appropriate inferences. In this process, the learners are also expected to understand the behaviour of various economic date.

AHSEC - Class 11: Commercial Mathematics and Statistics Selected Questions for Feb' 2017 Exam

Part 1 – 25 Marks Expected (Long Questions and Answers)
Part 2 – 55 Marks Expected (Practical Problems)
Part 3 – 20 Marks Expected (Multiple Choice and short answer type Questions)
Q.1. Define the term Statistics. What are its Characteristics? Mention its Functions and Limitations.
Ans: Statistics: The word Statistics seems to have been derived from the Latin word “status” or the Italian word Statista. All word means a political state. In early year “statistics” equipped a collection of facts about the people in the state for administration or political purpose.
A comprehensive definition was given by Prof. Horace Secrist, which is a follows:  “By Statistics we mean aggregates of facts affected to a marked extent by multiplicity of causes, numerically expressed, enumerated or estimated according to a reasonable standards of accuracy, collected in a systematic manner for a predetermined purpose and placed in relation to each other.”
Characteristics of Statistics:
(i) Statistics are aggregates of facts. Single and isolated figures are not statistics because they cannot be compared.
(ii) Statistics must be numerically expressed. Statistical methods are applicable only to those data which can be numerically expressed.
(iii) Statistics should be capable of comparison and connected to each other.
(iv) Statistics should be collected in a systematic manner.
(v) Statistics should be collected for a definite purpose: The purpose should be specific and well defined. 

Sunday, February 05, 2017

Concept of Management and Development of Management Thoughts

Management - Introduction
Management is the coordination of all resources through the process of planning, organizing, directing, staffing and controlling in order to attain stated objectives effectively and efficiently.  Effectively means doing the right task, completing activities and achieving goals and efficiently means to attain objectives with least amount of resources at a minimum cost. This process starts at the top and continues in more or less degree at every level of the organization.
According to Harold Koontz, “Management is an art of getting things done through others and with formally organised groups."
According to F.W. Taylor, “Management is an art of knowing what do you want to do and then seeing that is is done in the best and cheapest way.”
According to Henry Fayol, “To manage is to forecast, to plan, to organize, to command to co-ordinate and control.
George R. Terry, “Management is a distinct process consisting of planning, organizing, actuating and controlling performance t determine and accomplish the objectives by the use of people and resources,”
Thus management may be defined as a process including various activities like planning, organizing , directing, controlling  co-ordination etc in order to make optimum use of men machinery, materials and money by way of preparing plans, policies and purposes, for achieving organizational goals under healthy internal environment.
Nature or characteristics of Management:
On the basis of critical analysis of  various definitions of management, the main features of management may be stated as follows :

Wednesday, January 04, 2017

AHSEC - Class 11 Question Paper: Business Studies' 2015

2015
BUSINESS STUDIES
Full Marks: 100
Time: 3 hours
The figures in the margin indicate full marks for the questions.
1.       Answer the following questions :                     1x8=8
(a) State one feature of Joint Hindu Family Business.
(b) What do you mean by e-business?
(c) Give an example of unethical behaviour in business.
(d) When can a private company commence business?
(e) Who is promoter?
(f) Write one feature of cottage industries.
(g) Mention one problem of small business.
(h) What is the maximum number of members of a public company?
2.       What is partnership deed?  2
3.       Write two features of a public sector enterprise.      2
4.       State two responsibilities of business towards consumers.   2
5.       Mention two merits of equity shares.                            2
6.       State two functions of a retailer.                       2
7.       Explain any three features of business.                         3
8.       State any three natures of services.                                3
9.  Mention three points of distinction between Memorandum of Association and Articles of Association.    3

Tuesday, January 03, 2017

AHSEC - CLASS 12 Question Papers: Economics' 2012

H.S. 2nd Year, 2012
ECONOMICS
Full Marks: 100
Time: 3 hour
PART - A

1. (a) Opportunity cost is also called the ____ cost.                                                1
(b) In economics, it is generally assumed that the consumer is an individual.        1
(c) What is an inferior good?                                                                                    1
(d) Total Cost (TC) = ____ + Total Variable (TVC)                                                 1
(e) State two main features of a perfectly competitive market.                                1

2. Mention three basic problems of an economy.                                                     3

3. Draw a vertical demand curve and state the nature of price elasticity on it.                                      3

4. The total money income of a consumer is M and he spends his entire money income on the consumption of two commodities, viz X and Y. The prices of X and Y are PX and PY respectively. State the budget equation.    3

5. If the total product with 5 units of a variable factor is 56, calculate the average product. If the variable factor is increased by 1 more unit as a result of which the total product becomes 57, what will be the marginal product?      3

Monday, January 02, 2017

AHSEC - Class 11 Question Papers: Banking' 2015

2015
BANKING
Full Marks: 100
Time: 3 hours
The figures in the margin indicate full marks for the questions.
1.       Answer as directed:                                1x8=8
(a) The banking Regulation Act was passed in the year ____. (Fill in the gap)
(b) What do you mean by Barter system?
(c) State a characteristic of inflation.
(d) RRBs were started in the year 1967 / 1975 / 1976. (Choose the correct answer)
(e) In which year Co-operative Credit System was introduced?
(f) Who is authorised to issue notes in India?
(g) Write the full form of ATM.
(h) Write the name of the Central Bank of our country.

2.       What is Savings Bank?                            2
3.       Name any two public sector banks in India. 2
4.       Give the meaning of prosperity.                       2
5.       Who is a Bank Customer?     2

AHSEC - Class 11 Question Papers: English' 2015

2015
ENGLISH
Full Marks: 90
Time: 3 hours
The figures in the margin indicate full marks for the questions.
1.       Read the following passage carefully and answer the questions that follow:
Mahatma Gandhi has laid great stress on Satyagraha in his thoughts. Satyagraha means pursuance of truth. It means striving for truth even by undergoing physical pain. Gandhi relied on the methods of non-violence to strive for truth. Thus it was agreeable to him to suffer physical hardship for the sake of truth. He used to accept Satyagraha not simply as a means but as a principle by itself. He himself had written that Satyagraha is a spiritual principle based on love for mankind. There is no feeling of hatred towards the opponents in it. He used to regard Satyagraha as the most potent force. In ‘Hind Swaraj’ he wrote, “Passive resistance (Satyagraha) is an all-sided sword, it can be used anyhow. It blesses him who uses it and him against whom it is used without drawing a drop of bold. It produces far reaching results. It never rusts and cannot be stolen.”
Gandhi considered four conditions to be necessary for a Satyagraha. He stated, ‘After a great deal of experience it seems to me that those who want to become passive resisters for service of the country have to (1) observe perfect chastity, (2) adopt poverty, (3) follow truth and (4) cultivate fearlessness.
Gandhi used to give enough stress on morality. In his view truth was the essence of morality.

AHSEC - Class 11 Question Papers: Political Science' 2015

2015
POLITICAL SCIENCE
Full Marks: 100
Time: 3 hours

The figures in the margin indicate full marks for the questions.
PART – A (Indian Constitution at Work)

1.          Answer the following questions:                    1x6=6
(a) Which Part of the Constitution deals with the Fundamental Rights?
(b) Mention the name of the only State of Indian Federation having its own Constitution.
(c) In there provision of dual citizenship in India?
(d) Which Amendment of the Constitution has inserted Fundamental Duties in the Indian Constitution?
(e) Which Article of the Indian Constitution describes the amending procedures of the Constitution?
(f) Indian Constitution is dynamic. (Write True or False)

2.          Write two ideals enshrined in the Preamble to the Constitution of India.                     2
3.          Write two federal features of the Indian Constitution.                         2
4.          Write two differences between Fundamental Rights and Directive Principles.           2
5.          Mention two important roles of the Speaker of Lok Sabha.                2
6.          When can the Supreme Court of India exercise advisory jurisdiction?            2
7.          What is residuary power? Who can exercise it in India?                        2
8.          Explain four functions of the Union Council of Ministers.     4

AHSEC - Class 11: Environmental Education' 2015

2015
ENVIRONMENTAL EDUCATION
Full Marks: 30
Time: 1 hour.
The figures in the margin indicate full marks for the questions.

1.       Fill in the blanks:       1x5=5
(a) The components of biotic environment are ____, ____ and ____.
(b) ____ is a group of individuals of the same species occupying a given area at a given time.
(c) The Wildlife Protection Act was enacted in the year ____ in India.
(d) Groundwater is a ____ kind of natural resource.
(e) The causal organism of cholera is ____.

2.       Write very short answers of the following:   1x5=5
(a) What is the role of ozone present in the stratosphere?
(b) What is trophic level?
(c) Mention two conservative measures for land resources.
(d) Name any two principal pollutants emitted by vehicles.
(e) Write the full form of WCED.

3.       Answer any five questions from the following:                          2x5=10
(a) Write the objectives and the guiding principles for environmental education.
(b) What is meant by ecosystem?
(c) What is genetic biodiversity?
(d) Write brief note on mineral resources of North-East India.
(e) Explain the effects of deforestation on environment.

AHSEC - Class 11 Question Paper: History' 2015

2015
HISTORY
Full Marks: 100
Time: 3 hours.
The figures in the margin indicate full marks for the questions.

1.       Answer the following questions:                      1x12=12
(a) Who was the author of On the Origin of Species?
(b) What does the work ‘Mesopotamia’ mean?
(c) Which languages were used in the administration of the Roman Empire?
(d) Who was Hazarat Muhammad?
(e) From which English year did the ‘Hizri’ year starts?
(f) What was the real name of Genghis Khan?
(g) What does the word ‘Feud’ mean?
(h) Who was Marc Bloch?
(i) Name the sailor who discovered America.
(j) Who was Ptolemy?
(k) Name the country were the Industrial Revolution started first.
(l) Who is known as the architect of modern China?

2.       Answer the following questions in brief:       2x12=24
(a) Mention two physical characteristics of the hominids.
(b) Mention the name of the two rivers that enriched the Mesopotamian Civilization.
(c) Mention the name of the goods which were mainly imported by the Romans.

Dibrugarh University Question Papers: Corporate Accounting (May' 2016)

2016 (May)
COMMERCE
(General/Speciality)
Course: 203
(Corporate Accounting)
Time: 3 hours
The figures in the margin indicate full marks for the questions
(NEW COURSE)
Full Marks: 80
Pass Marks: 24

1. (a) Fill in the blanks:                                                                   1x4=4
                     i.            Out of the face value of shares, at least ____ is payable with application under Section 39 of the Companies Act, 2013.
                   ii.            Capital Reserve is not used for issue of ____ shares.
                  iii.            The dividend which is declared in between two annual general meetings of a company is called ____ dividend.
                 iv.            Section ____ of the Companies Act, 2013 defines a subsidiary company.
(b) State the following statements whether ‘True’ or ‘False’:                                  1x4=4
                     i.            Shares can be converted into debentures.
                   ii.            Accounting Standard – 14 relates to Accounting for Amalgamation.
                  iii.            Under Income-tax Act, 1961, companies are required to pay advance income tax on their expected profits.
                 iv.            If the holding company has 100% shares in a subsidiary company, then only assets of the subsidiary company belongs to the holding company.

2. Write brief notes on any four of the following:                              4x4=16
a)      Securities Premium Reserve A/c.

Dibrugarh University Question Papers: Business Economics (May' 2016)

2016 (May)
COMMERCE
(General/Speciality)
Course: 202
(Business Economics)
Time: 3 hours
The figures in the margin indicate full marks for the questions
(NEW COURSE)
Full Marks: 80
Pass Marks: 24

1. Answer the following as directed:                                       1x8=8
a)      The main problems faced by the Business Managers can be divided into two parts (i) decision making and (ii) ____. (Fill in the blank)
b)      Making successful business forecast is the responsibility of a managerial economist. (State True or False)
c)       ‘The price of the commodity’ is a factor of demand function. (State True or False)
d)      If tea and coffee are substitute goods, then the cross-price elasticity of demand will be
                                 i.            Equal to zero.
                               ii.            Negative.
                              iii.            Positive.
                             iv.            None of the above.
(Choose the correct answer)
e)      Other things remaining the same, the supply of a commodity ____ with rise in its price and ____ fall with a fall in its price. (Fill in the blanks)
f)       Define production function.

Dibrugarh University Question Papers: Business Communication - II (May' 2016)

2016 (May)
COMMERCE
(General/Speciality)
Course: 201
(Business Communication)
Time: 3 hours
The figures in the margin indicate full marks for the questions
(NEW COURSE)
Full Marks: 80
Pass Marks: 24
1. Selected the correct alternative:                                                                                                          1x4=4
a)      The skill of report writing can be acquired by
                                 i.            Mastering the craft of writing.
                               ii.            Learning the scientific process of investigation, analysis and presentation.
                              iii.            Identifying the problem.
b)      Presentation can be made effective by
                                 i.            Not using demos.
                               ii.            Knowing your audience and the place and occasion of your talk.
                              iii.            Serving food and drinks during the talk.
c)       During an interview, a candidate should keep in mind:
                                 i.            Bluffing the interview board may help him.
                               ii.            Take up a ‘you’ attitude for the company.
                              iii.            Neglect non-verbal communications coming from the interview board.
d)      Listening can be made effective by

Dibrugarh University Question Paper: Principle of Business Management (May' 2016)

2016 (May)
COMMERCE
(General/Speciality)
Course: 204
(Principles of Business Management)
Time: 3 hours
The figures in the margin indicate full marks for the questions
(NEW COURSE)
Full Marks: 80
Pass Marks: 24
1. Answer the following as directed:
a)      Who first propounded the principle of ‘esprit de corps’?                                               1
b)      Write the full form of MIS.                                                                                           1
c)       ‘Zero-based budgeting’ technique was first used in ____. (Fill in the blank)          1
d)      ‘Functional foremanship’ was introduced by ____. (Fill in the blank)        1
e)      State two limitations of planning.                                                                             2
f)     Centralization’ and decentralization’ are used in the same sense. (Write True or False)           1
g)  State one distinction between formal organization and informal organization.                          1

2. Answer briefly any four of the following questions:                                                    4x4=16
a)      What kind of role does a good plan play in business management?
b)      Briefly explain the aims of departmentation.
c)       Briefly state the relationship between ‘division of work’ and ‘specialization’.
d)      Write a short note on ‘systems approach’ of management.
e)      Explain the features of ‘line and staff’ organization.

Tuesday, December 13, 2016

AHSEC Class - 11 Question Papers: English' 2015

2015
ENGLISH
Full Marks: 90
Time: 3 hours
The figures in the margin indicate full marks for the questions.
1.       Read the following passage carefully and answer the questions that follow:
Mahatma Gandhi has laid great stress on Satyagraha in his thoughts. Satyagraha means pursuance of truth. It means striving for truth even by undergoing physical pain. Gandhi relied on the methods of non-violence to strive for truth. Thus it was agreeable to him to suffer physical hardship for the sake of truth. He used to accept Satyagraha not simply as a means but as a principle by itself. He himself had written that Satyagraha is a spiritual principle based on love for mankind. There is no feeling of hatred towards the opponents in it. He used to regard Satyagraha as the most potent force. In ‘Hind Swaraj’ he wrote, “Passive resistance (Satyagraha) is an all-sided sword, it can be used anyhow. It blesses him who uses it and him against whom it is used without drawing a drop of bold. It produces far reaching results. It never rusts and cannot be stolen.”
Gandhi considered four conditions to be necessary for a Satyagraha. He stated, ‘After a great deal of experience it seems to me that those who want to become passive resisters for service of the country have to (1) observe perfect chastity, (2) adopt poverty, (3) follow truth and (4) cultivate fearlessness.
Gandhi used to give enough stress on morality. In his view truth was the essence of morality.

AHSEC Class - 11 Question Papers: Banking' 2015

2015
BANKING
Full Marks: 100
Time: 3 hours
The figures in the margin indicate full marks for the questions.
1.       Answer as directed:                                1x8=8
(a) The banking Regulation Act was passed in the year ____. (Fill in the gap)
(b) What do you mean by Barter system?
(c) State a characteristic of inflation.
(d) RRBs were started in the year 1967 / 1975 / 1976. (Choose the correct answer)
(e) In which year Co-operative Credit System was introduced?
(f) Who is authorised to issue notes in India?
(g) Write the full form of ATM.
(h) Write the name of the Central Bank of our country.
 2.       What is Savings Bank?                            2
3.       Name any two public sector banks in India. 2
4.       Give the meaning of prosperity.                       2
5.       Who is a Bank Customer?     2
6.       Write two functions of Regional Rural Banks.              2

AHSEC - Class 11 Question Paper: Banking' 2016

2016
BANKING
Full Marks: 100
Time: 3 hours
The figures in the margin indicate full marks for the questions

1. Answer as directed:                   1x8=8
a)         In which year ‘Central Bank’ in India was established?
b)         The ‘Imperial Bank of India Act’ was passed in ____. (Fill in the blank)
c)          What is inflation?
d)         State the meaning of e-banking.
e)         What is Investment Bank?
f)          Write the full form of NABARD.
g)         All the ATMs are open for 12/18/24 hours. (Choose the correct answer)
h)         Explain who is a minor.
2. Give the definition of Bank.                                    2
3. State the meaning of bank rate.                           2
4. What is barter system?                                             2
5. Mention any two defects of Indigenous Bank.                                               2
6. Classify bank accounts.                                             2
7. Give the meaning of overdraft.                            3
8. Explain about any three internal departments of a bank.                          3
9. What do you mean by Trade Cycle?                    3
10. Explain why the Central Bank is called ‘banker’s bank’.                            3

AHSEC - Class 11 Question Paper: Business Studies' 2016

2016
BUSINESS STUDIES
Full Marks: 100
Time: 3 hours
The figures in the margin indicate full marks for the questions

1. Answer the following questions:                          1x8=8
a)         Name the head of Joint Hindu Family Business.
b)         In which business organization there is separation of ownership and management?
c)          Which document is called a charter of the company?
d)         Name the partner whose association with the firm is not known to the general public.
e)         Name the company formed as a result of partnership between two companies.
f)          Give one example of chain store.
g)         As per SEBI guidelines, what is the minimum subscription that a company must receive before issue of shares?
h)         Name two sources of funds under owner’s fund.
2. What is a prospectus?                               2
3. Give the meaning of business ethics.                                 2
4. What do you understand by letter of credit?                  2
5. Mention two characteristics of statutory corporation.                                2
6. What is global enterprise?                       2
7. State any three features of sole proprietorship business.         3
8. Explain the social responsibilities of a business towards the environment.                        3
9. Mention the non-economic objectives of business.                    3
10. Explain ‘Inter-Corporate deposit’ as a source of finance.                        3

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