Question

Attempt all the questions.

1. a) Distinguish between the following: (5+5)

i) Advertising and publicity

ii) Savings bank account and current account

b) Write short notes on the following: (5+5)

i) Essentials of a good transport system

ii) Components of an insurance contract

2. “None of the four forms of business organization has all the features of an ideal form of

business organization”. Critically evaluate the statement. (20)

3. Why is the stock exchange called a barometer of the economic and business conditions in

a country? (20)

4. Discuss various factors to be kept in mind while selecting suitable medium of advertising.

(20)

5. What are the forms of organization in public enterprises? Explain their features, merits

and limitations of each of them. (5+15)

Answer 1

1) ii ans- saving ac is the account of salaried people who save some money and
current ac is the account of businessman the routine business deposits and withdrawal made by business is maintained in current account