(Download) CBSE Class-10 Sample Paper And Marking Scheme 2018-19: Elements of Business

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(Download) CBSE Class-10 Sample Paper And Marking Scheme 2018-19:

			Marks
1.	1. A private company can start business as soon as it receives the: a. certificate of incorporation; b. certificate of commencement; c. certificate of minimum subscription; d. memorandum of association.	Understanding	1
2.	It is necessary for a ____________________to keep an index of members. a. Private company; b. Public company; c. Sole- proprietorship firm; d. Joint-Hindu family business.	Understanding	1
3.	As a finance manager of the company you have to classify the funds of business on the basis of ownership. You may classify the sources as: a. borrowed funds; b. owned funds; c. short term funds; d. both a and b.	Understanding	1
4.	In order to serve as a lubricant fostering smooth operations of a business communication services must not be: a. efficient; b. ineffective; c. accurate; d. fast.	Understanding	1
5.	5. A transaction between two parties where the buyer receives goods, services or assets in exchange for money is called: a. Sale; b. Sales return; c. Purchases return; d. an Offer.	Understanding	1