Elements Of Business Environment - Class 12 Page 18

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adopt pollution control measures.
20. Commerce is the sum of those processes which are engaged in the removal
Of hindrances of person, Place and time . In the light of this statement
explain the hindrances which are solved by the effective commerce. 5
21. Explain the principle documents used in exporting. 5
22. Define partnership deed and write its main contents.
23. Write about the major reform brought in by the govt. in the public sector in
the Industrial policy of 1991. 5
24. What is the difference between GDR and ADR. 5
25. Public Deposits as a source of finance is better than raising loans
comment. 6
Or
Discuss the importance of Preference and Equity shares as sources of long
term finance.
26. Explain the main types of Itinerant Retailers. 6
Or
Explain the advantages of consumer cooperative store.
27. Explain the stage of formation of Joint Stock company. 6
Or
Explain any six factors which affect the choice of form of business
organisation.
28. Describe various types of insurance and examine the nature of risks
protected by each type of Insurance. 6
Or
What do you mean by services? Explain their characteristics.
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