Download Question Banks ICSE Class X (Commercial Application)

Give one difference each between:

• A Primary Market and a Secondary Market.[2]
• A Consumer product and an Industrial product.[2]
• Money cost and Real cost.[2]
• Skimming pricing and Penetrating pricing.[2]
• A Profit and Loss Account and a Balance sheet.[2]

Question 2

• What does a pay-in-slip contain?[2]
• Name the basic principles of accounting.[2]
• What is meant by HRM?[2]
• Explain replacement cost.[2]
• The Central Bank is the lender of the last resort.Explain.[2]

Question 3

• Name the main elements of Public Relations.[2]
• Explain two basic differences between sales and the selling process.[2]
• Give the four components of a promotional mix.[2]
• What is meant by Gate Hiring in recruitment?[2]
• Why was EXIM bank setup in India?[2]