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Welcome to Learn At Ur Desk! In Telangana State, Intermediate Exams are going to start soon and if you landed on this post, you are looking for some Important Questions to prepare for your final exams. Well, you have landed in the right place! Today I’m going to give you some most Important Questions lists (IQ Lists) for your last revision before the final exams.
The Important Questions List (IQ List) is to help
you have an organized Revision before Exams. Please make sure these questions
are just for last-minute revision and are based on the NEW syllabus recommended
by the board. So, this list of questions only covers part of the syllabus to check the complete syllabus click here
Welcome to Learn At Ur Desk! In Telangana State, Intermediate Exams are going to start soon and if you landed on this post, you are looking for some Important Questions to prepare for your final exams. Well, you have landed in the right place! Today I’m going to give you some most Important Questions lists (IQ Lists) for your last revision before the final exams.
The Important Questions List (IQ List) is to help you have an organized Revision before Exams. Please make sure these questions are just for last-minute revision and are based on the NEW syllabus recommended by the board. So, this list of questions only covers part of the syllabus to check the complete syllabus click here
Below are TS Intermediate 1st year Commerce (New Syllabus) IQ List
Prepared by Rumana Rukhsar
(Updated for IPE March 2024)
Part – I (50Marks)
Section – A (10 Marks questions)
Q1) Define
Partnership. Explain its advantages & Disadvantages.
Q2) Differentiate
between a private company and a public company.
Q3) What
is a Memorandum of Association? Explain its clauses.
Q4) What
is Business Finance? Explain its need and Significance in business
organizations.
Q5) What
are various factors that determine the selection of sources of finance?
Section – B (5 Marks questions)
Q1) Define
Business. Explain its characteristic features.
Q2) What
is meant by Industry? Explain various types of Industries with suitable
examples.
Q3) Define
trade and explain various types of aids to trade.
Q4) Define
Sole Proprietor. What are the features of Sole Proprietor?
Q5) Explain
the limitations of a sole proprietorship.
Q6) What
is meant by a Co-operative Society? Explain five features of Co-operative
Society.
Q7) Explain
five disadvantages of Co-operative Society.
Q8) Define
Partnership. State its important features.
Q9) Discuss
various types of partners.
Q10) Define
Joint Stock Company Explain the features of a joint stock company.
Q11) What
are the sources of short-term finance?
Q12) Explain
the problems faced by the Indian MSME sector in detail.
Q13) Discuss
the privileges offered to MSMEs in India
Q14) Define
MNCs and explain their features.
Q15) Explain
five advantages of MNCs.
Q16) What
is E-Business? Write any five benefits of E-business in detail.
Section – C (2 Marks questions)
Q1) Profession.
Q2) Employment.
Q3) Home trade.
Q4) Foreign trade.
Q5) Entrepot trade.
Q6) Joint Hindu Family business
Q7) Karta.
Q8) Partnership deed
Q9) Government company.
Q10) Registered Company.
Q11) Statutory Company.
Q12) Promoter.
Q13) Professional Promoter.
Q14) Capital subscription.
Q15) Minimum subscription.
Q16) Fixed capital.
Q17) Working capital.
Q18) Debentures.
Q19) Retained earnings.
Q20) Micro enterprise
Q21) Manufacturing enterprise
Q22) Service enterprise.
Q23) E-trading or E-Commerce
Q24) E-banking.
Q25) E-marketing.
Part - II (50Marks)
Section – D (20 Marks question)
Q 1)
Final Accounts problem. Click here to learn how to prepare Final Accounts with Adjustment.
Section – E (10 Marks questions)
Q 1)
Three-column cashbook problem. Click here to learn how to prepare Triple column cash book.
Q 2)
BRS problem
Section – F (5 Marks questions)
Q 1)
Ledger Accounts problem. Click here to learn how to prepare ledger accounts.
Q 2)
Subsidiary Books problem. Click here to learn how to prepare subsidiary books.
Q 3)
Briefly explain any 5 Concepts
& Conventions of Accounting.
Q 4)
State the rules of debit and
credit with examples.
Q 5)
What are the errors disclosed
by Trial balance?
Q 6)
What are the errors not
disclosed by the Trial balance?
Section – G (2 Marks questions)
Q 1)
Journal Entry problem. Click here to learn how to record transactions in a journal.
Q 2)
Opening Journal Entry problem. Click here to learn how to pass opening journal entries.
Q 3)
Trial Balance problem. Click here to learn how to prepare a trial balance.
Q 4)
Define accounting.
Q 5)
What is bookkeeping?
Q 6)
Accounting cycle.
Q 7)
Vouchers.
Q 8)
Transaction.
Q 9)
Ledger
Q 10)
BRS
Q 11)
Overdraft.
Q 12)
Cash discount
Q 13)
Trade discount
Q 14)
Contra entry
Q 15)
Suspense account
Q 16)
Bad debt.
Q 17)
Adjustment.
Q 18)
Depreciation.
Nice, very helpful for final preparations
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