T.S Intermediate 1st Year Commerce IQ List for IPE March 2024

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 1^st 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.

 

That’s it my Amazing Learners! If you found this IQ List useful then share it with your friends as sharing knowledge means gaining knowledge. Want an IQ list for Civics and Economics subjects as well, Subscribe to Learn At Ur Desk by Email and Get the latest updates in your inbox and start your journey at Learn At Ur Desk. Till then take care, Stay safe and keep learning! HERE IS A LIST OF QUICK LINKS, YOU MIGHT FIND USEFUL:   CEC/MEC/HEC 1st Year ·       TS Intermediate 1st Year Political Science Syllabus ·       TS Intermediate 1st Year Economics Syllabus ·       TS Intermediate 1st Year Commerce Syllabus ·       TS Intermediate 1st Year Political Science Important Questions (IQ List) ·       TS Intermediate 1st Year Economics Important Questions (IQ List) ·       TS Intermediate 1st Year Commerce Important Questions (IQ List) CEC/MEC/HEC 2nd Year ·       TS Intermediate 2nd Year Political Science Syllabus ·       TS Intermediate 2nd Year Economics Syllabus ·       TS Intermediate 2nd Year Commerce Syllabus ·       TS Intermediate 2nd Year Political Science Important Questions (IQ List) ·       TS Intermediate 2nd Year Economics Important Questions (IQ List) ·       TS Intermediate 2nd Year Commerce Important Questions (IQ List) Study Tips ·       How to Prepare for Exams? Everything you need to know before Exams ·       What is the best way to do Revision? Student’s Complete guide for Effective Revision. Latest Updates ·       TS Intermediate Public Examination Timetable ·       TS Intermediate Public Examination Result