Sources of Business Finance — Business Studies STD 11 Commerce — Question

State the merits and demerits of public deposits and retained earnings as methods of business finance.

In ancient India, the Greeks sailed from Egypt in the month of July and arrived at Muziri in about 40 days. They stayed on the Malabar Coast for about three months and commenced their return journey from Muziri in December or January. As the Indian seas were infested by pirates, the Greek merchants brought with them cohorts of archers on board their ships. Egypt being at this period subject to Rome, the archers who accompanied the Greek merchants were Roman soldiers. The Pandyan kings sent embassies to Rome and had employed Roman soldiers as guards. There was a colony of Yavana merchants at Kaveripattanam, whose existence is an index of prosperity of merchant communities and professional classes. That Roman gold poured largely into Tamil country at this period is 1 attested by the numerous Roman coins dating from the reign of Augustus to that of Zeno which have been found buried in different parts of Tamilnadu.
On the basis of the given information about ancient India, answer the following questions:
(a) State the concept used in ancient India whose existence is an index of prosperity of merchant communities and professional classes.
(b) Enlist the important kinds of concept whose existence is an index of prosperity of merchant communities and professional classes.
(c) Enlist a few examples of the concept used in ancient India whose existence is an index of prosperity of merchant communities and professional classes

Aashi after graduating from college went back to her home town in Meghalaya. It was a small town with very few job opportunities. The Karbi tribal women in that area were uneducated but still practiced the method of obtaining traditional colours from natural wild herbs. Their most popular dye was indigo obtained from the leave called 'Sibu'. Using these colors they added variety to their textiles. The women were mainly confined to their homes and they did not know how to make a living out of their talent. Aashi went from door to door analysed the problem that existed. She thought of setting up a voluntary association of rural women who would be able to join and leave the organisation at their own will without any coercion or intimidation.
On the basis of the given information, answer the following questions:
(a) Identify the kind of organisation that Aashi has decided to set up.
(b) Identify the feature of kind of organisation identified above and explain two other features.
(c) State any two values which Aashi wants to communicate to the society

Amul is an Indian dairy cooperative, based at Anand in the state of Gujarat. It was formed in 1946 and is a brand managed by a cooperative body, the Gujarat Co- operative Milk Marketing Federation Ltd. (GCMMF), which today is jointly owned by 3.6 million milk producers in Gujarat. Amul spurred India's White Revolution, which made the country the world's largest producer of milk and milk products. In the process, Amul became the largest food brand in India and has ventured into markets overseas.
In the context of the above case answer the follwoing qustions:
a. What is a cooperative society?
b. Why do you think Amul was promoted in the form of the cooperative? Explain by giving any four merits of a cooperative society form of business organization.

Write a short note on role of business in environment protection.

"Economic and non-economic activities don't substitute, but complementary to each other." Do you agree? Explain.

Bharti Airtel Limited is a leading global telecommunications company head- quartered in New Delhi, India. In India, the company's product offerings include 2G, 3G and 4G wireless services, mobile services, fixed line services, high speed DSL broadband, IPTV, DTH, enterprise services including national and international long distance services to carriers. Bharti Airtel operates in all the 22 telecom service areas with more than 200 million subscribers across 2G, 3G and 4G technologies. Another enterprise which is providing similar services is BSNL It is India's oldest communication service provider with a large customer base. It has footprints throughout India, except for Mumbai and New Delhi, where tele- communications are managed by Mahanagar Telephone Nigam (MTNL). This company is also enjoying good position in providing telecom services to many people. BSNL is directly accountable to public and it is financed and controlled by government, whereas Vodafone is not under direct control of government.

On the basis of the given information about telecom services, answer the following questions:

(a) Name the sector of the economy to which the aforesaid companies belong to.

(b) If BSNL is accountable to public, Bharti Airtel is accountable to whom?

(c) State any three points of difference between both the enterprises.

With enactment of LIC Act, 1956, an autonomous body, Life Insurance Corporation of India (LIC) was formed. The act defines its power, duties and functions. It has a separate legal entity. It is fully owned by government. It has independent financialpolicy and can raise funds by borrowing from public and government. However, it is notsubject to any budgetary accounting or audit control like railways. Its annual report is presented in parliament every year.

On the basis of the given information about Life Insurance Corporation of India (LIC), answer the following questions:

(a) Name the type of public sector enterprises referred in the above case?

(b) Give two other example of type of public sector enterprise identified in part (a) above.

(c) State any three limitations of the type of public sector enterprises identified in part (a above

“Banks are providing a wide range of services now-a-days”. Do you agree? If yes, give the 5 description of any four services which are offered by banks.

Describe the role of small business in rural India.