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Printable Practice Set

Practice Set 02 — Mixed Commerce Revision

Original model/practice material for self-study. Not presented as an official previous-year paper.

अभ्यास सेट 02

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Instructions

Attempt all questions without looking at notes. Use the MCQ engine and subject notes afterward to review weak areas.

Section A — Objective

  1. State the accounting equation.
  2. What is working capital?
  3. Define demand.
  4. Name the central bank of India.
  5. What is e-commerce?

Section B — Short Answer

  1. Explain any four functions of management.
  2. Differentiate current assets and fixed assets.
  3. Explain the role of a literature review in research.

Section C — Long / Applied

  1. Show the effect of five transactions on the accounting equation.
  2. Explain how digital payments have changed modern commerce.