TS Inter 1st Year Commerce Guess Paper 2025

1

Define Partnership. Explain its advantages & Disadvantages.

2

Differentiate between a private company and a public company.

3

What is a Memorandum of Association? Explain its clauses.

4

What is Business Finance? Explain its need and Significance in business organizations.

5

What are various factors that determine the selection of sources of finance?

6

Define Business. Explain its characteristic features.

7

What is meant by Industry? Explain various types of Industries with suitable examples.

8

Define trade and explain various types of aids to trade.

9

Define Sole Proprietor. What are the features of Sole Proprietor?

10

Explain the limitations of a sole proprietorship.

11

What is meant by a Co-operative Society? Explain five features of Co-operative Society.

12

Explain five disadvantages of Co-operative Society.

13

Define Joint Stock Company Explain the features of a joint stock company.

14

What are the sources of short-term finance?

15

Discuss the privileges offered to MSMEs in India.

16

What is E-Business? Write any five benefits of E-business in detail.

17

Briefly explain any 5 Concepts & Conventions of Accounting.

18

State the rules of debit and credit with examples.

19

What are the errors disclosed by Trial Balance?

20

What are the errors not disclosed by the Trial balance?