SANT NIRANKARI PUBLIC SCHOOL NIRANKARI COLONY MONTH – NOVEMBER WEEK 3 WORKSHEET 1 SUBJECT – ECONOMICS CLASS – XII TOPIC – ECONOMIC REFORMS I. QUESTIONS ANSERS: Q 1. Why is it necessary to become a member of WTO? Q 2. Why did RBI have to change its role from controller to facilitator of financial sector in India? Q 3. How does RBI control the commercial banks? Q 4. Distinguish between Tariff and Non-Tariff barriers. Q 5. Distinguish between bilateral and multi-lateral trade. Q 6. Why are tariffs imposed? Explain. Q 7. What is the meaning of quantitative restrictions? Q 8. What are the major factors responsible for the high growth of the service sector? Q 9. Agriculture sector appears to be adversely affected by the reform process. Why? Q 10. Why has the industrial sector performed poorly in the reform period? Q 11. India has certain advantages which makes it a favourite outsourcing destination. What are these advantages? Q 12. Discuss any three liberalisation measures introduced in the industrial sector by the Government. Q 13. Distinguish between FDI and FII. Q 14. What are the objectives of WTO? Q 15. Discuss the process of disinvestment in PSUs undertaken during reforms. SANT NIRANKARI PUBLIC SCHOOL NIRANKARI COLONY SESSION 2020- 21 CLASS 12 TH NOVEMBER WEEK-3 (ASSIGNMENT 1) 1. Maintain practical record file. 2. One major game of your choice. Basketball , football , kabaddi , kho , volleyball , hand ball ,hockey and cricket With rules and regulations fundamental skills dimension of court
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SANT NIRANKARI PUBLIC SCHOOL
NIRANKARI COLONY
MONTH – NOVEMBER
WEEK 3
WORKSHEET 1
SUBJECT – ECONOMICS
CLASS – XII
TOPIC – ECONOMIC REFORMS
I. QUESTIONS ANSERS:
Q 1. Why is it necessary to become a member of WTO?
Q 2. Why did RBI have to change its role from controller to facilitator of financial sector in India?
Q 3. How does RBI control the commercial banks?
Q 4. Distinguish between Tariff and Non-Tariff barriers.
Q 5. Distinguish between bilateral and multi-lateral trade.
Q 6. Why are tariffs imposed? Explain.
Q 7. What is the meaning of quantitative restrictions?
Q 8. What are the major factors responsible for the high growth of the service sector?
Q 9. Agriculture sector appears to be adversely affected by the reform process. Why?
Q 10. Why has the industrial sector performed poorly in the reform period?
Q 11. India has certain advantages which makes it a favourite outsourcing destination. What are these
advantages?
Q 12. Discuss any three liberalisation measures introduced in the industrial sector by the Government.
Q 13. Distinguish between FDI and FII.
Q 14. What are the objectives of WTO?
Q 15. Discuss the process of disinvestment in PSUs undertaken during reforms.
SANT NIRANKARI PUBLIC SCHOOL
NIRANKARI COLONY
SESSION 2020- 21
CLASS 12TH
NOVEMBER WEEK-3 (ASSIGNMENT 1)
1. Maintain practical record file.
2. One major game of your choice. Basketball , football , kabaddi , kho , volleyball ,
hand ball ,hockey and cricket
With rules and regulations fundamental skills dimension of court
SANT NIRANKARI PUBLIC SCHOOL
NIRANKARI COLONY
MONTH – NOVEMBER
WEEK 3
WORKSHEET 1
SUBJECT – ACCOUNTANCY
CLASS – XII
TOPIC – ACCOUNTING FOR SHARE CAPITAL
Q 1. Amount of money not received out of called up capital is:
(a) Added to share capital (b) Subtracted from share capital
(c) Shown as current liabilities (d) Shown as current asset
Q 2. Following amounts were payable on issue of shares by a company:
Rs.3 on application,Rs.3 on allotment,Rs.2 on first call and Rs.2 on final call.
Lal holding 500 shares paid only application and allotment money whereas Bal holding 400 shares
did not pay final call. Amount of calls-in-arrears will be:
Debentures Rs. 2,50,000. His monthly sales revenue was Rs. 12,00,000; Cost of goods sold was Rs.8,50,000; He pays monthly salary of Rs. 20,000 to his employees. Tax rate is 20%.
Q.5. Calculate return on investment of S ltd. They started their business with Rs. 40,00,000 of which 25,00,000 was his own money and Rs.15,00,000 from the bank @ 8%. His monthly
sales revenue was Rs.9,00,000 and cost of goods sold was Rs.5,00,000 They have incurred the
following expenditure on a monthly basis:
Rent- 10000; advertisement – 2000
Tax to be calculated @10%
Q.6. From the following information, calculate ‘Return on Equity’:
Capital Rs. 6,00,000
10% Loan Rs. 2,00,000
Net profit before interest Rs.1,40,000. Also, state what is this return on rupees per lakh
of equity?
Q.7. Harsha started her herbal beauty products shop in Chandigarh with a capital of 9,00,000.
She took loan of 5,00,000 from the State Bank of India at 9% p.a. interest. During the
year ended 31st March, 2016 her sales were 20,90,000 and the cost of goods sold was
15,30,000. She paid monthly rent of the shop 11,000 and a monthly salary of 25,000 to
the employees. The tax rate is 30%. Calculate the return on equity.
Q.8.
SANT NIRANKARI PUBLIC SCHOOL
ASSIGNMENT 1 [NOVEMBER] [WEEK-3]
CLASS-XII –PAINTING
Answer the following questions-
1. What do you mean by art schools?
2. What do you mean by sub-schools?
3. Who was the painter of maru Ragini?
4. Sahibdin belongs t which school?
5. Name one artist from Bundi school?
6. Name a painting painted by Utkal Ram?
7. Who painted the painting “Krishna on Swing”?
8. From which school Nuruddin belongs?
9. Name the famous painting of Kishangarh school?
10.Name the artist of the painting “Bani-Thani”?
SANT NIRANKARI PUBLIC SCHOOL
NIRANKARI COLONY
MONTH – NOVEMBER
WEEK 3
WORKSHEET 2
SUBJECT – ECONOMICS
CLASS – XII
TOPIC – ECONOMIC REFORMS
I. QUESTIONS ANSERS:
Q 1. Discuss the three objectives of demonetisation in India?
Q 2. What were the objectives behind the introduction of GST?
Q 3. Discuss and three effects of demonetization on Indian economy.
Q 4. Explain four effects of introduction of GST on Indian economy.
Q 5. How can the Government improve efficiency of PSUs? Explain.
Q 6. Industrial sector growth has slowed down during reform period. Why?
II. CATEGORIZATION
Determine the reform listed is an example of ‘Financial Sector Reform’ or ‘Fiscal Sector Reform’.
5. For the set A ={ 1, 2 ,3 } define a relation R in set A as follows R =
{ ( 1,1) , ( 2,2) , ( 3, 3) , ( 1, 3 ) } . write the ordered pair to be added
to R to make it smallest equivalence relation .
6. Write 𝑨−𝟏 for A =[𝟐 𝟓𝟏 𝟑
]
ENTREPRENEURSHIP
ASSIGNMENT 2 (CH-5 )
TOPIC 4 : UNIT PRICE, UNIT COST, GROSS MARGIN/ PROFIT MARGIN
Q.1. A Beauty parlor had varying number of customers during 5 weeks. This information
and the total weekly billing are in the following table. What are the Unit of sale and the
Unit Price in this case? If the cost of goods sold or variable cost is 60% of the sale price,
calculate the Unit Cost and the Gross Margin per Unit of Sale.
Week No. Of Customers Average Amount Billed
( ) Per Customer
1 10 100
2 17 85
3 13 71
4 22 231
5 18 175
Total 80
Q.2. A hotel had varying number of guests during five weeks. The information regarding the
number of guests and the average weekly billing is presented in the following table:
Week No. of Guests Average Billed amount
1. 240 300
2. 120 410
3. 140 292
4. 160 442
5. 180 480
What is the ‘Unit of Sale’ and ‘Unit price’ in this case? If the cost of goods sold or
variable cost is 60% of the sale price, calculate the ‘unit cost’ and the ‘gross profit’.
Q.3. Number of people who took their meal at Sree Dham restaurant and average billing for each of the 5 weeks are given in the following table. What are the “unite of sale” and the unit price
in this case if the variable cost is 40% of the sale price, calculate the unit cost and gross
margin per unit of sale.
Week No. of person taking meal Average (Rs) amount
billed
1 300 120
2 340 200
3 250 140
4 450 190
5 210 90
Q.4. Number of people who took their coffee and total billing for each of the 5 weeks are given in
the following table. What are the “unite of sale” and the unit price in this case if the variable
cost is 60% of the sale price, calculate the unit cost and gross margin per unit of sale.
Week No. of person taking meal Total billed (Rs)
1 250 13000
2 300 15900
3 600 32600
4 450 23000
5 150 8400
Q.5. A Courier-Service company 'Speed-Express' had a varying number of customers
during five weeks. The information regarding the number of customers and the
average weekly billing is presented in the following table. What is the 'unit of sale'
and 'unit-price' in this case? If the cost of goods sold or variable cost is 60% of the
sale price calculate the 'Unit-Cost' and the 'Gross-Margin' per unit of Sale.
Week No. Of Customers Average Amount Rs. Billed per
costomer
1 20 200
2 34 170
3 26 142
4 44 262
5 36 350
Total 160
Q.6. ‘H.L. Chemist’ sells medicines at a discount of 5% on list price. On 1.3.2017
medicines as per details given below were sold by ‘H.L.Chemist’.
No. of customers Per customer billed amount ()
50 340
45 370
35 650
30 800
25 975
Calculate the average amount of medicines sold per customer.
TOPIC-WORKING CAPITAL CALCULATIONS
What is meant by ‘working capital’? Calculate gross and net working capital Raja & Co. has the following
items in its Balance sheet : Stock - Rs.50,000: Trade creditors – Rs.32,000; debtors –Rs. 75000; cash –
Rs.1, 00,000 Dividend Payable – 50,000; Tax –Rs. 44,000; Short term loan –Rs. 61,000; Short term investments