DWARKA INTERNATIONAL SCHOOL

SUMMER HOLIDAY HOMEWORK (2017-18)

CLASS – XII

HOLIDAYS ARE FUN

Before the summer gets started and there’s the big switch in schedule, get the whole family together and

come up with an agreement about what free time this summer will look like. Let your kids talk about what’s

meaningful to them. Spend quality time with your kids and involve them in fun and frolic activities.

READING Summer shouldn't mean taking a break from learning, especially reading. Encourage your

child sustain reading skills, practice reading and read for enjoyment. Set a good example by reading the

same book your child is reading and discuss it.

SPEAKING

Conversation enriches understanding. Converse as much as you can with your child & encourage the

child to communicate freely with visitors, relatives in English

Encourage the child to be humble and polite to everyone around.

Encourage your child to practice yoga for mental peace and good health.

For spiritual development encourage the child to start & end the day with prayers.

LIMIT THE USE OF GADGETS

Set reasonable limits for the use of gadgets and encourage more outdoor activities.

Be a good role model for your child. Because children are great mimics, limit your own media use. In

fact, you'll be more available for and connected with your children in this way.

Tell your children the value of face-to-face communication.

SHARING IS CARING

Encourage your child to help the poor and the needy. Help them donate clothes and things in use to those

in need.

Encourage the child to be cooperative in group activity

GOOD MANNERS & PERSONALITY ENHANCEMENT

Ask the child to assist you in taking care of their younger sibling while you are busy with the daily chores.

Encourage your child to write thank you cards to inculcate the feeling of gratitude towards others.

Educate your child for the importance of personal hygiene & encourage them to follow regular time for

eating, playing, sleeping, watching T.V & listening stories.

GO GARDENING

Gardening teaches us the science of growing up & imparts human values. It also help kids to maintain

their calm & composure.

BE AN INTELLIGENT BROWSER

Internet is an enriching resource of knowledge in today’s world. However, the children have to be

motivated to make the right use of it. Hence, guide your child to browse through informative and

instructive websites that are enriching and enlightening for them. Make sure to monitor what your child

watches on the net.

SAVE NATURAL RESOURCES

Motivate the children to switch off the electrical appliances when not in use.

We are what we repeatedly do. Excellence, thus, is not an act but a habit.

ENGLISH HOLIDAY HOMEWORK

CLASS XII

Section A-Note-making

1. Read the passage given below: 8 marks

Residents of the Bhirung Raut Ki Gali, where Ustad Bishmillah Khan was born on March 21,

1916, were in shock. His cousin, 94-year -old Mohd Idrish Khan had tears in his eyes. Shubhan

Khan, the caretaker of Bismillah’s land, recalled “Whenever in Dumaraon, he would give rupees

two to the boys and rupees five to the girls of the locality”.

He was very keen to play shehnai again in the local Bihariji’s Temple where he had started playing

shehnai with his father, Bachai Khan, at the age of six. His original name was Quamaruddin and

became Bishmillah only after he became famous as a shehnai player in Varanasi.

His father Bachai Khan was the official shehnai player of Keshav Prasad Singh, the Maharaja of

the erstwhile Dumaraon estate, Bismillah used to accompany him. For Bishmillah Khan, the

connection to music began at a very early age. By his teens, he had already become a master of

the shehnai. On the day India gained freedom, Bismillah Khan, then a sprightly 31-year-old, had

the rare honour of playing from Red Fort. Bishmillah Khan won’t just be remembered for elevating

the shehnai from an instrument heard only in weddings and naubatkhanas to one that was

appreciated in concert halls across the world. His life was a testimony to the plurality that is India.

A practicing Muslim, he would take a daily dip in the Ganga in his younger days after a bout of

kusti in Benia Baga Akhada. Every morning, Bishmillah Khan would do riyaaz at the Balaji temple

on the banks of the river. Even during his final hours in a Varanasi hospital, music did not desert

Bishmillah Khan. A few hours before he passed away early on Monday, the shehnai wizard

hummed a thumri to show that he was feeling better. This was typical of a man for whom life

revolved around music.

Throughout his life, he abided by the principle that all religions are one. What marked Bishmillah

Khan was his simplicity and disregard for the riches that come with musical fame. Until the very

end, he used a cycle rickshaw to travel around Varanasi. However, the pressure of providing for

some 60 family members took its toll during his later years.

1.1 On the basis of your reading of the above passage make notes using headings and sub-

headings. Use recognizable abbreviations where necessary.

1.2 Find words in the passage which mean the same as the following:

one-time (b) proof (c) prodigy

Section B-Advanced Writing Skills

2. There is an exhibition of handicrafts items at Dilli Haat, Delhi. Prepare a poster inviting

the people to see the exhibition. Give a suitable title to your poster.

3. Your school organized an Orientation Programme for the parents of the stressed out

students of class XII. Write a report in about 120-150 words giving details of the

programme for the school magazine. You are the school head-boy

4. Reena Ghai is a personal assistant to the G. M. in a private company. She comes across an

advertisement for a lady secretary in a reputed multi-national company, offering attractive

package. Since her qualifications and experience match the required ones, she writes a

letter of application in response to it. Write her letter in not more than 150 words.

5. Some colleges conduct entrance test for admission to under-graduate courses like English

(Hons.) and Journalism (Hons.). Do you think that the entrance test is the right method of

selecting students? Write an article in about 150-200 words.

6. You are the President of your school theatre club. Your club is organizing a play Julius

Caesar to help the victims of earthquake. Design a poster informing the students about this

play. Invent necessary details.

7. India is a country with diverse cultures, traditions, religious and political beliefs. To keep

such a country together, to bind the people and take the nation ahead on the path of

progress, democracy is the most suitable form of government. Write an article in about

150-200 words. You are Akshay/Asha a class XII student at Rosary Senior Secondary

School Lucknow. (200 words)

Section C-Literature

8. Answer any one of the following in about 100-125 words.

(a) Franz’s attitude towards school as well as towards M. Hamel changes when he comes to

know about the takeover of his village by Prussians. Do you agree? Discuss with reference

to the The Last Lesson.

(b) The life of bangle makers of Firozabad was full of obstacles, which forced them to lead a

life of poverty and deprivation. Discuss with reference to Lost Spring.

(c) Read the stanza and answer the questions that follows:

”Surely, Shakespeare is wicked, the map a bad example,

With ships and sun and love tempting them to steal

For lives that turn in their cramped holes

From fog to endless nights.”

i) Name the poem and the poet

ii) Why has Shakespeare been described as wicked?

iii) Why is the map a bad example?

iv) What tempts them to steal?

v) How do the children continue to live?

vi) Explain: ‘From fog to endless night.’

(d) How did the Tiger King meet his end? What is ironical about his death?

(e) ‘…..all I said was see you soon Amma… All I did was smile and smile’ In the wake of old

age home mushrooming in India as well, and many of the elderly people abandoned or

thrown out of their homes, how do you think youngsters can help the elderly to overcome

loneliness and grief in the sunset of their lives?

(f) Read the first fifteen chapters of “The Invisible Man” by H.G.Wells and answer the

following questions:

(a) Justify the title ‘The Strange Man’s Arrival’.

Value Points:

(a) The first chapter is aptly entitled as it is about the arrival of the stranger, which triggers the

exposition of the novel.

(b) The plot of the novel depends on his arrival, and creates an atmosphere of suspense and

mystery that hangs on till the end of the novel.

(c) The unusual appearance of the stranger. (Give illustrations)

(d) The equally unusual behaviour to all who venture in into Griffin's room.

(b)Mrs. Hall tried to prove the best of hosts but the regular snubbing on the part of the

stranger frustrated all her efforts. Comment.

Value Points: (a) Having a guest at Iping in the dead time of the year was undoubtedly an unheard piece

of luck and that too the person who was no haggler.

(b) Keeping this thing in mind she did not wish to let him go on account of reluctant services.

(c) Started being the best of hosts by insuring everything ready in time. (Give examples).

(d) However, she failed to assess him and sometimes went too far in her considering him,

and as such, had to face rebukes. (Give examples).

(e) Taking the advantage of offering tea or lunch sometimes, about his asking for getting his

luggage brought and telling the story of her nephew.

(f) Though seemed sometimes sociable but cautious at the same time of

the unwarranted intrusion in his private life in any way, he frustrated all her efforts

to sneak into his life.

(g) He did it as talking casually might result in giving some clue about his mysterious identity

and secret objective.

(c)What made Mrs. Hall change her opinion about the stranger and what change do

you notice in her attidude towards the stranger?

Value Points: (a) A person can feel comfortable even sometimes in the odd behaviour and can tolerate

somebody if there is something to have monetary gains or some other self-vested interest.

However, if there is an element of supernatural in it, all the possibilities of bearing with

the person fly. The same happened with Mrs Hall.

(b) The shift directly appeared in Hall's attitude by the experience she had in the stranger's

room. (Give details)

(c) The money making pursuit which she had in tolerating Griffin's offending antics

vanished when she found something of the unusual and particularly para-natural or

supernatural in the stranger. (Give details)

(d) Why did the invisible man choose Mr. Marvel as his helper and why did Mr. Marvel

comply?

Value Points: (a) Having been thrown by the people at Coach and Horses and having no hope with those

people Griffin wanted someone who was of his own type.

(b) Mr. Marvel was a socially outcast and of awkward temperament (explain) which suited

Griffin's purpose i.e. luggage carrier and money pocket.

(c) Mr. Marvel had no choice (explain) on the one hand and on the other was tempted to the

supposed benefits he would have being with the stranger with the infinite powers of

invisibility.

(g) Write a good article, report, poem, story, joke etc. for class magazine. It is compulsory for

everyone to submit any one of the above-mentioned writing.

Holiday homework

Class XII

Accounts:

Revise chapter 1: fundamentals; chapter 2: goodwill: Nature and Valuation;

chapter 3: change in PSR and chapter 4: admission of a partner.

Do the assignment attached herein in the accounts notebook.

Project work: “A project is a wholehearted purposeful activity proceeding in

a social environment.”

Prepare a ‘project file’ in an attractive format using Bar Diagram, Pie Chart

and Line Chart, etc., and should have the following information:

1. Name of the student who has taken up the project

2. Index of the project file

3. Acknowledgement and certificates

4. Subject matter of the project

5. Information or data required and how obtained

6. Planning and execution of the project

7. Analysis, interpretation and presentation of information.

Complete it as per discussed in classroom.

Assignment

1. Sameer and Yasmin are partners with capitals of Rs.15, 00,000 and Rs. 10,

00,000 respectively. They agree to share profits in the ratio of 3:2. Show

how the following transactions will be recorded in the capital accounts of

the partners in case: (i) the capitals are fixed, and (ii) the capitals are

fluctuating. The books are closed on March 31, every year

2. Amit, Babu and Charu set up a partnership firm on April 1, 2016. They

contributed Rs. 50,000, Rs. 40,000 and Rs. 30,000, respectively as their

capitals and agreed to share profits and losses in the ratio of 3: 2:1. Amit is

to be paid a salary of Rs. 1,000 per month and Babu, a Commission of Rs.

5,000. It is also provided that interest to be allowed on capital at 6% p.a.

The drawings for the year were Amit Rs. 6,000, Babu Rs. 4,000 and Charu

Rs. 2,000. Interest on drawings of Rs. 270 was charged on Amit’s drawings,

Rs. 180 on Babu’s drawings and Rs. 90, on Charu’s drawings. The net profit

as per Profit and Loss Account for the year ending March 31, 2016 was Rs.

35,660. Prepare the Profit and Loss Appropriation Account to show the

distribution of profit among the partners.

3. Amitabh and Babul are partners sharing profits in the ratio of 3:2, with

capitals of Rs. 50,000 and Rs. 30,000 respectively. Interest on capital is

agreed @ 6% p.a. Babul is to be allowed an annual salary of Rs. 2,500.

During the year 2015-16, the profits prior to the calculation of interest on

capital but after charging Babul’s salary amounted to Rs. 12,500. A

provision of 5% of the profit is to be made in respect of commission to the

Manager. Prepare Profit and Loss Appropriation account showing the

distribution of profit and the partners’ capital accounts for the year ending

March 31, 2016.

4. Saloni and Srishti are partners in a firm. Their capital accounts as on April

01. 2015 showed a balance of Rs. 2, 00,000 and Rs. 3, 00,000 respectively.

On July 01, 2015, Saloni introduced additional capital of Rs. 50,000 and

Srishti, Rs. 60,000. On October 01, Saloni withdrew Rs. 30,000, and on

January 01, 2015 Srishti withdraw, Rs. 15,000 from their capitals. Interest is

allowed @ 8% p.a. Calculate interest payable on capital to both the

partners during the financial year 2015–2016.

5. Josh and Krish are partners sharing profits and losses in the ratio of 3:1.

Their capitals at the end of the financial year 2005-2006 were Rs. 1, 50,000

and Rs. 75,000. During the year 2015-2016, Josh’s drawings were Rs. 20,000

and the drawings of Krish were Rs. 5,000, which had been duly debited to

partner’s capital accounts. Profit before charging interest on capital for the

year was Rs. 16,000. The same had also been debited in their profit sharing

ratio. Krish had brought additional capital of Rs. 16,000 on October 1, 2015.

Calculate interest on capital @ 12% p.a. for the year 2015-2016.

6. Anupam and Abhishek are partners sharing profits and losses in the ratio of

3: 2. Their capital accounts showed balances of Rs. 1, 50,000 and Rs. 2,

00,000 respectively on Jan 01, 2013. Show the treatment of interest on

capital for the year ending December 31, 2016 in each of the following

alternatives:

(a) If the partnership deed is silent as to the payment of interest on capital

and the profit for the year is Rs. 50,000;

(b) If partnership deed provides for interest on capital @ 8% p.a. and the

firm incurred a loss of Rs. 10,000 during the year;

(c) If partnership deed provides for interest on capital @ 8% p.a. and the

firm earned a profit of Rs. 50,000 during the year;

(d) If the partnership deed provides for interest on capital @ 8% p.a. and

the firm earned a profit of Rs. 14,000 during the year.

7. John Abraham, a partner in Modern Tours and Travels withdrew money

during the year ending March 31, 2016 from his capital account, for his

personal use. Calculate interest in drawings in each of the following

alternative situations, if rate of interest is 9 per cent per annum. (a) If he

withdrew Rs. 3,000 per month at the beginning of the month. (b) If an

amount of Rs. 3,000 per month was withdrawn by him at the end of each

month. (c) If the amounts withdrawn were Rs. 12,000 on June 01, 2015, Rs.

8,000; on August 31, 2015, Rs. 3,000; on September 30, 2015, Rs. 7,000, on

November 30, 2013, and Rs. 6,000 on January 31, 2016.

8. Manu, Harry and Ali are partners in a firm sharing profits and losses

equally. Harry and Ali withdrew the following amounts from the firm, for

their personal use, during 2016.

Calculate interest on drawings if the rate of interest to be charged is 10 per

cent, and the books are closed on December 31 every year.

9. Mohit and Rohan share profits and losses in the ratio of 2:1. They admit

Rahul as partner with 1/4 share in profits with a guarantee that his share of

profit shall be at least Rs. 50,000. The net profit of the firm for the year

ending March 31, 2016 was Rs. 1, 60,000. Prepare Profit and Loss

Appropriation Account.

10. John and Mathew share profits and losses in the ratio of 3:2. They admit

Mohanty into their firm to 1/6 share in profits. John personally guaranteed

that Mohanty’s share of profit, after charging interest on capital @ 10 per

cent per annum would not be less than Rs. 30,000 in any year. The capital

provided was as follows: John Rs. 2, 50,000, Mathew Rs. 2, 00,000 and

Mohanty Rs. 1, 50,000. The profit for the year ending March 31, 2016

amounted to Rs. 1, 50,000 before providing interest on capital. Show the

Profit & Loss Appropriation Account if new profit sharing ratio is 3:2:1.

11. Mahesh and Dinesh share profits and losses in the ratio of 2:1. From

January 01, 2014, they admit Rakesh into their firm who is to be given a

share of 1/10 of the profits with a guaranteed minimum of Rs. 25,000.

Mahesh and Dinesh continue to share profits as before but agree to bear

any deficiency on account of guarantee to Rakesh in the ratio of 3:2

respectively. The profits of the firm for the year ending December 31, 2016

amounted to Rs. 1, 20,000. Prepare Profit and Loss Appropriation Account.

12. Nusrat, Sonu and Himesh are partners sharing profits and losses in the ratio

of 5: 3: 2. The partnership deed provides for charging interest on drawing’s

@ 10% p.a. The drawings of Nusrat, Sonu and Himesh during the year

ending December 2014 amounted to Rs. 20,000, Rs. 15,000 and Rs. 10,000

respectively. After the final accounts have been prepared, it was discovered

that interest on drawings has not been taken into consideration. Give

necessary adjusting journal entry.

13. Triphati and Chauhan are partners in a firm sharing profits and losses in the

ratio of 3:2. Their capitals were Rs.60, 000 and Rs.40, 000 as on January 01,

2015. During the year, they earned a profit of Rs. 30,000. According to the

partnership deed both, the partners are entitled to Rs. 1,000 per month as

Salary and 5% interest on their capital. They are also to be charged an

interest of 5% on their drawings, irrespective of the period, which is Rs.

12,000 for Tripathi, Rs. 8,000 for Chauhan. Prepare Partner’s Accounts

when, capitals are fixed.

14. Anubha and Kajal are partners of a firm sharing profits and losses in the

ratio of 2:1. Their capital, were Rs.90, 000 and Rs.60, 000. The profit during

the year were Rs. 45,000. According to partnership deed, both partners are

allowed salary, Rs. 700 per month to Anubha and Rs. 500 per month to

Kajal. Interest allowed on capital @ 5%p.a. The drawings at the end of the

period were Rs. 8,500 for Anubha and Rs. 6,500 for Kajal. Interest is to be

charged @ 5% p.a. on drawings. Prepare partners’ capital accounts,

assuming that the capital account is fluctuating.

15. Harshad and Dhiman are in partnership since April 01, 2006. No Partnership

agreement was made. They contributed Rs. 4, 00,000 and 1, 00,000

respectively as capital. In addition, Harshad advanced an amount of Rs. 1,

00,000 to the firm, on October 01, 2016. Due to long illness, Harshad could

not participate in business activities from August 1, to September 30, 2016.

The profits for the year ended March 31, 2016 amounted to Rs. 1, 80,000.

Dispute has arisen between Harshad and Dhiman.

Harshad Claims:

(i) he should be given interest @ 10% per annum on capital and loan;

(ii) Profit should be distributed in proportion of capital;

Dhiman Claims:

(i) Profits should be distributed equally;

(ii) He should be allowed Rs. 2,000 p.m. as remuneration for the

period he managed the business, in the absence of Harshad;

(iii) Interest on Capital and loan should be allowed @ 6% p.a. You are

required to settle the dispute between Harshad and Dhiman. Also,

prepare Profit and Loss Appropriation Account.

16. Aakriti and Bindu entered into partnership for making garment on April 01,

2016 without any Partnership agreement. They introduced Capitals of Rs. 5,

00,000 and Rs. 3, 00,000 respectively on October 01, 2016. Aakriti

Advanced. Rs, 20,000 by way of loan to the firm without any agreement as

to interest. Profit and Loss account for the year ended March 2017 showed

profit of Rs, 43,000. Partners could not agree upon the question of interest

and the basis of division of profit. You are required to divide the profits

between them giving reason for your solution.

17. Rakhi and Shikha are partners in a firm, with capitals of Rs. 2, 00,000 and

Rs, 3, 00,000 respectively. The profit of the firm, for the year ended 2016-

17 is Rs. 23,200. As per the Partnership agreement, they share the profit in

their capital ratio, after allowing a salary of Rs. 5,000 per month to Shikha

and interest on Partner’s capital at the rate of 10% p.a. During the year,

Rakhi withdrew Rs. 7,000 and Shikha Rs. 10,000 for their personal use. You

are required to prepare Profit and Loss Appropriation Account and

Partner’s Capital Accounts.

18. Lokesh and Azad are partners sharing profits in the ratio 3:2, with capitals

of Rs. 50,000 and 30,000, respectively. Interest on capital is agreed to be

paid @ 6% p.a. Azad is allowed a salary of Rs. 2,500 p.a. During 2006, the

profits prior to the calculation of interest on capital but after charging

Azad’s salary amounted to Rs. 12,500. A provision of 5% of profits is to be

made in respect of manager’s commission. Prepare accounts showing the

allocation of profits and partner’s capital accounts.

19. Ram, Raj and George are partners sharing profits in the ratio 5: 3: 2.

According to the partnership agreement George is to get a minimum

amount of Rs. 10,000 as his share of profits every year. The net profit for

the year 2016 amounted to Rs, 40,000. Prepare the Profit and Loss

Appropriation Account.

20. Amann, Babita and Suresh are partners in a firm. Their profit sharing ratio is

2:2:1. Suresh is guaranteed a minimum amount of Rs. 10,000 as share of

profit, every year. Babita shall meet any deficiency on that account. The

profits for two years ending December 31, 2015 and December 31, 2016

were Rs. 40,000 and Rs. 60,000, respectively. Prepare the Profit and Loss

Appropriation Account for the two years.

21. Simmi and Sonu are partners in a firm, sharing profits and losses in the ratio

of 3:1. The profit and loss account of the firm for the year ending March 31,

2016 shows a net profit of Rs. 1, 50,000. Prepare the Profit and Loss

Appropriation Account by taking into consideration the following

information:

(i) Partners’ capital on April 1, 2015; Simmi, Rs. 30,000; Sonu, Rs.

60,000;

(ii) current accounts balances on April 1, 2005; Simmi, Rs. 30,000 (cr.);

Sonu, Rs. 15,000 (cr.);

(iii) Partners drawings during the year amounted to Simmi, Rs. 20,000;

Sonu, Rs. 15,000;

(iv) Interest on capital was allowed @ 5% p.a.;

(v) Interest on drawing was to be charged @ 6% p.a. at an average of six

months;

(vi) Partners’ salaries: Simmi Rs. 12,000 and Sonu Rs. 9,000. Also, show

the partners’ current accounts.

22. Ramesh and Suresh were partners in a firm sharing profits in the ratio of

their capitals contributed on commencement of business, which were Rs.

80,000 and Rs. 60,000 respectively. The firm started business on April 1,

2015. According to the partnership agreement, interest on capital and

drawings are 12% and 10% p.a., respectively. Ramesh and Suresh are to get

a monthly salary of Rs. 2,000 and Rs. 3,000, respectively. The profits for

year ended March 31, 2016 before making above appropriations was Rs.

1,00,300. The drawings of Ramesh and Suresh were Rs. 40,000 and Rs.

50,000, respectively. Interest on drawings amounted to Rs. 2,000 for

Ramesh and Rs. 2,500 for Suresh. Prepare Profit and Loss Appropriation

Account and partners’ capital accounts, assuming that their capitals are

fluctuating.

23. Sukesh and Vanita were partners in a firm. Their partnership agreement

provides that: (i) Profits would be shared by Sukesh and Vanita in the ratio

of 3:2; (ii) 5% interest is to be allowed on capital; (iii) Vanita should be paid

a monthly salary of Rs. 600. The following balances are extracted from the

books of the firm, on December 31, 2016.

Net profit for the year, before charging interest on capital and after

charging partner’s salary was Rs. 9,500. Prepare the Profit and Loss

Appropriation Account and the Partner’s Current Accounts.

24. Rahul, Rohit and Karan started partnership business on April 1, 2016 with

capitals of Rs. 20, 00,000, Rs. 18, 00,000 and Rs. 16, 00,000, respectively.

The profit for the year ended March 2017 amounted to Rs.1, 35,000 and

the partner’s drawings had been Rahul Rs. 50,000, Rohit Rs. 50,000 and

Karan Rs. 40,000. The profits are distributed among partners in the ratio of

3:2:1. Calculate the interest on capital @ 5% p.a.

25. Sunflower and Pink Rose started partnership business on April 01, 2016

with capitals of Rs. 2, 50,000 and Rs.1, 50,000, respectively. On October 01,

2016, they decided that their capitals should be Rs. 2, 00,000 each. The

necessary adjustments in the capitals are made by introducing or

withdrawing cash. Interest on capital is to be allowed @ 10% p.a. Calculate

interest on capital as on March 31, 2017

26. On March 31, 2006 after the close of accounts, the capitals of Mountain,

Hill and Rock stood in the books of the firm at Rs. 4, 00, 000, Rs.3, 00,000

and Rs. 2, 00,000, respectively. Subsequently, it was discovered that the

interest on capital @ 10% p.a. had been omitted. The profit for the year

amounted to Rs. 1, 50,000 and the partner’s drawings had been Mountain:

Rs. 20,000, Hill Rs. 15,000 and Rock Rs. 10,000. Calculate interest on capital.

27. Following is the extract of the Balance Sheet of, Neelkant and Mahdev as

on March 31, 2017:

During the year, Mahadev’s drawings were Rs. 30,000. Profits during 2007

is Rs. 10, 00,000. Calculate interest on capital @ 5% p.a for the year ending

March 31, 2017.

Holiday homework

Class XII

Business studies:

Prepare the project work as per instructed in class:

Make the following:

1. Cover page

2. Insider cover

3. Preface and acknowledgement

Students are supposed to select any company, collect the

information and analysis the 14 principles of Fayol implemented

in the company

Do all the given questions in Economics Register.

Q.1 What happens to the MRS when the consumer moves downwards along the indifference curve?

Give reasons.

Q.2 Economic slowdown in some countries has adversely affected demand for Indian exports. What will be

the effect on the PPF of India? Explain.

Q.3 Is the demand for the following elastic or inelastic? Give reasons.

1. Wheat

2. Cosmetics

3. Common Salt

4. Television

Q.4 Calculate elasticity of demand and draw the demand curve:

Price Quantity Demanded

9 100

9 150

Q.5 When the price of a good changes to Rs.11 per unit , the consumer’s demand falls from 11 to 7 units.

Ed=-1. What was the price before change?

Q.6 Vani is a school teacher getting Rs. 30,000 per months as salary. If she leaves and starts giving tuitions,

she is expected to earn Rs.3,00,000 per year. What is her opportunity cost of the school job?

Q.7 Explain the distinctions between the Equation of the budget line and the budget set.

Q.8 A budget set is the collection of all bundles of the two goods which the consumer wants to buy.

Defend or Refute the statement.

Q.9 What does cardinality of utility mean?

Q.10 A consumer in consumption of the two commodities A & B is at equilibrium. The prices of good A & B

are RS. 10 and Rs. 20 per unit respectively , and the marginal utility of good B is 60 utils. What will be her

marginal utility of good A?

Q.11 Mux is 40 utils , MUy is 30 utlis and the price of Y is Rs.9 per unit. What will be the price of X at

equilibrium?

Q.12 What is meant by MU of one rupee?

Q.13 Why does an economic problem arise in an economy? Give three factors responsible for it.

Q.14 What is the difference between slope and elasticity of demand?

Q.15 Marginal utility refers to utility : (Choose the correct alternative)

1. from the last unit consumed

2. from one more unit consumed

3. from one less unit consumed

4. all of the above

Q.16 A consumer consumes two goods X and Y. His MU from X is 6utils and from Y it is 4utils. The prices of

X and Y are Rs.4 & 6 per unit respectively. In this situation, the consumer will:

1. stick to his plan. 2. Buy less of X

3. Buy only Y 4. Buy more of X and less of Y

his good due to this price change. What will be the Price elasticity of demand for this good? Give diagram

also. Q.17 Given total utility schedule of the school, how many units the consumer will buy if the price of the given good is

Rs.4/unit.

Units Total utility

1 3

2 5

3 6

(i)1unit (ii)2units (iii)3units (iv)0units

Q.18 Expressing choices in terms of first preference, second preference, third preference and so on is

expressed in terms of:

(i) Diminishing marginal utility (ii) Cardinal utility

(iii) Monotonic prefernces (iv) Ordinal utility

Q.19 As we move along an indifference curve, each point to the right shows:

(I) Higher utility (ii) Same utility

(iii) Lower utility (iv) Initially higher, then same and ultimately declines.

Q.20 In the indifference curve analysis, the consumer is in equilibrium when:

(i) IC is tangent to the budget line (ii) IC is convex

(iii) Both (i) and (ii) (iv) None of the above

Q.21 An indifference curve slopes downwards from left to right because:

(i) MRS is diminishing

(ii) Consumer must give up some units of good 1 to opbtain more units of good 2

(iii) Both of the above

(iv) None of the above

Q.22 A firm is currently selling 10,000 units of his product per month. The firm plans to reduce its retail

price from Rs.1 to Rs.0.90/unit. Ed=-1.5. Assuming no other changes, the firm can now expect sales of :

(i) 8500 units (ii) 11,000

(iii) 10,500 (iv) 11,500

Q.23 Price elasticity of good X is half that of Y. If the price of X falls by 40%, its demand rises by 20units.

Calculate the elasticities of X and Y if originally 100units of X were demanded at a price of Rs.5/ unit.

Q.24 The demand function is Q=40-5P. Calculate its price elasticity when price rises from Rs.4 to 6 per

unit.

Q.25 Price of a good rises by 25% but there’s no effect on the demand of this good due to this price

change. What will be the Price elasticity of demand for this good? Give diagram also.

Q.26 Ed=-0.5. At a price of Rs.20, the demand is 300 units. At what price will its demand

increase by 10%?

Q.27 Does the law of DMU apply in the field of education? Give reasons in support of

your answer.

PROJECT WORK Prepare a complete layout of the project work covering the following details on a suitable topic : I. Project (Option One) : What’s Going Around Us

Students may work upon the following lines: Introduction Details of the topic Pros and Cons of the economic event/happening Major criticism related

to the topic (if any) Students’ own views/perception/ opinion and learning from the work Any other valid

idea as per the perceived notion of the student.

Suggestive List

1. Micro and small scale industries

2. Food supply channel in India

3. Contemporary employment situation in India

4. Disinvestment policy

5. Health expenditure (of any state)

6. Goods and Services Tax Act

7. Inclusive growth strategy

8. Human Development Index

9. Self help groups

10. Any other topic

II. Project (Option Two): Analyse any concept from the syllabus Following essentials are required to be fulfilled in the project. #Explanation of the concept: #Meaning and Definition #Application of the concept #Diagrammatic Explanation (if any) #Numerical Explanation related to the concept etc. (if any) #Students’ own views/perception/ opinion and learning from the topic..

Suggested List Price Determination Money Multiplier

Central Bank and its functions Government Budget & its Components

Budget deficit Exchange Rate Systems

Foreign Exchange Markets Balance of payments

Price Discrimination Opportunity Cost

Production Possibility Curve Demand and its determinants

Supply and its determinants Production – Returns to a Factor

Cost function and Cost Curves Monopoly

Oligopoly Monopolistic Competition Credit Creation

Any other topic

Class XII Fine Arts Holiday Home work

Three still life with water colours

Three composition with water colours ( Human figures only)