TELANGANA MINORITIES RESIDENTIAL EDUCATION INSTITUTION
SOCOETY
(INTERMEDIA SECOND YEAR)
2022-23
ICP -1 (Level-1)
SUB: COMMERCE
Max marks: 25
Time: 1 Hour
SECTION A
Answer the following.
1x10=10 Marks
1. Differentiate between money market and capital market.
2. What is stock exchange and explain its functions.
SECTION B
Answer any one of the following.
1x5=5 Marks
3. what is international trade and how it is different from internal trade.
4. Raghava bought a plant and machine on 1st April, 2009 for Rs 23000 and
paid Rs 2000 for its installation. Depreciation is to be allowed at 10%
under the straight line method. On 31st March 2012 the plant was sold
for 8000. Assuming that the accounts are closed at the end of the
financial year, prepare plant & machine A/c.
SECTION C
Answer the following.
5. Lame duck
6. Depreciation
7. Mutual fund
8. Commercial
9. Listing of securities
5x2=10 Marks