CLASS XII

BUSINESS STUDIES

SAMPLE QUESTION PAPER 2022-23

MM – 80 TIME: 3 HOURS

General instructions :

1 This question paper contains 34 questions.

2. Marks are indicated against each question.

3. Answers should be brief and to the point.

4. Answers to the questions carrying 3 marks may be from 50 to 75 words.

5. Answers to the questions carrying 4 marks may be about 150 words.

6. Answers to the questions carrying 6 marks may be about 200 words.

7. Attempt all parts of the questions together.

Rishabh joined an entertainment company Avtaar, as a creative head. As a manager

1. looking after the creative unit of the company, one of the functions he has to perform is 1
the process of organizing. Which step of the process will he need to perform after
identifying and dividing the work that has to be done in accordance with previously
determined plans?
a)Identification and division of work
b).Departmentalisation
c).Assignment of Duties
d).Establishing Reporting Relationships
Which characteristic of the business environment is highlighted when changes are taking
2. place too frequently and it becomes difficult to predict the future? 1
a). Uncertainty
b). Complexity
c). Inter-relatedness
d). Relativity
Aarohan Ltd. is a company manufacturing automobiles where division of work into key
3. areas includes production, purchase, marketing, accounts and personnel. Which of the 1
following is a disadvantage of the organization structure of Aarohan Ltd.?
a). It may lead to increase in cost
b). Managers may gain power and assert independence and ignore organization interests.
c). It ensures that different functions get due attention.
d). Heads do not get training for top management positions.
4. 1

Identify the dimensions of the business environment illustrated by the picture given above
in which Sapna who has joined the workforce recently is working on an accounting
software.

a. Technological and social.

b. Technological and political
c. Political and economic
d. Social and legal

5. Identify the reason which makes management important in the light of the fact that it is 1
generally seen that individuals in an organization resist change, as a change often means
moving from a familiar, secure environment into a newer and a more challenging one.

a. Management helps in achieving group goals.

b. Management creates a dynamic organization
c. Management increases efficiency
d. Management helps in the development of society.

6. The government of India made an announcement regarding Demonetization of the Indian 1

economy on November 8, 2016 with profound implications for it. The process which
put restrictions on convertibility of domestic money and bank deposits was meant to
create a less-cash economy. One argument against the cash-lite economy is that:

a).Internet connectivity is a prerequisite

b).More people will be introduced into the formal economy.

c).Financial saving will increase

d).Tax evasion will be reduced

 Airlines will be able to offer the benefit of lower pricing to customers on
7. sectors/routes due to the decision of the civil aviation ministry to remove price caps from 1
August 31, 2022. This can help an airline to do better performance if they take early
decisions regarding future courses of action after understanding and doing analysis. Which
importance of business environment and its understanding by managers is not highlighted
above:

a. It helps in improving performance

b. It helps in assisting in planning and policy formulation
c. It helps in tapping useful resources
d. It enables a firm to identify opportunities and get first mover advantage.
Alo a mobility platform is in the process of laying off 400-500 employees in a move aimed
8. at driving cost efficiency. Which objective of management will the firm not be able to 1
achieve by carrying out this process.
a) Efficiency
b) Social
c) Profit
d) Survival
Radha started a home cooked food delivery Dabba service. Her mother, who is a great
9. cook, decided to help her. They relied on friends and family for orders and then on word of 1
mouth. As a step in the process of ensuring that activities are performed as per her plan
of supplying healthy, good quality, reasonable food and earning profit, she decided to keep
both qualitative and quantitative benchmarks towards which she would strive to work. A
function of management is being discussed above. An important characteristic of this
function of management is :
a. It is the first function of management
b. It is the Last function of management
c. It is both forward looking and backward looking.
d. It is required only in business organizations.

10. Raman and Vasudev were two employees who were embezzling an import-export 1
company in Varanasi where they were working. The finance manager of the company
Sampat Singh became suspicious of the two employees when he realized that their
activities were not being performed as per the plans. He installed a software program that
could secretly log every single stroke of the suspects’ computer keys and send an
encrypted email report to the Cyber police. The police were able to catch the two
dishonest employees red handed and arrest them. Identify the function of management
being discussed above.

a. Staffing
b. Coordination
c. Controlling
d. Organizing

Name the outcome of the function of management which includes designing of roles to be
11. filled by suitably skilled people and defining the inter relationship between roles so that 1
ambiguity in performance of duties can be eliminated.
a. Organization structure
 b. Delegation of authority
c. Decentralization
d. controlling

12. Statement-I Transportation helps in creating time utility and warehousing helps in creating 1
place utility

Statement-II The process of classification of products into different groups on the basis of
their important characteristics is known as standardization.

Choose the correct option from the options given below:

a. Statement I is true and II is false

b. Statement II is true and I is false
c. Both the statements are true
d. Both the statements are false

Match the various terms of Financial Markets Column - I with their respective Statements
13. in Column-II
Column - I Column - II
a Financial market i It is also known as the Stock market
b Primary market ii It is a market for creation and exchange
of financial assets.
c Secondary market iii It is also known as New issue market
(a) (ii), (iii), (i) (b) (i), (iii), (ii)
(c) (iii), (ii), (i) (d) (i), (ii), (iii)
________________ is a number assigned to each transaction by the stock exchange and is
14. printed on the contract note. 1
a. Client code number
b. Unique order code
c. Permanent account number
d. Depository participant number
One of the important decision areas under the marketing function of …………………….. is
15. managing inventory. 1

a. Branding
b. Pricing
c. Promotion
d. Physical distribution.

Which of the following statements is incorrect?

16. 1
a. Providing liquidity to securities is one of the functions of stock exchange
b. Process of holding shares in electronic form is known as Dematerialization
c. Securities Exchange Board of India performs the regulatory function of controlling
insider trading and imposing penalties for such practices.
d. Capital market consists of Commercial banks, Development banks and stock
 exchanges

17. One of the following is considered to be an extension of the marketing concept, which
apart from customer satisfaction pays attention to ethical and ecological aspects of
marketing. Identify the concept.

a. Selling concept

b. Product concept

c. Production concept

d. Societal Marketing concept

18. While the product costs set the lower limits of the price for a product, the upper limit of
price which a buyer would be prepared to pay is decided by:

a. Utility and demand of the product

b. The marketing manager of the firm
c. The Government
d. The competitors of the firm

19. Which of the following statements about Advertising is incorrect?

a. It is a personal form of communication

b. It is a paid form of communication
c. It is a mass selling technique.
d. It is inflexible as the message can’t be adjusted to the needs of the buyer.
Arrange the steps involved in trading procedure at the stock exchange in correct sequence
20. :

i) Settlement of order

ii) Opening of Demat Account

iii) Placing of order

iv) Execution of order

a) (ii) ; (iv);( iii);(i) b) (ii) ;(i) ;(iii);(ii)

c) (iii);(ii);( ii);(i) d) (ii);(iii);(iv);(i)
Top management plans for the entire organization. According to these plans the
21. organizational structure is developed and staffed. In order to ensure that these plans are 3
executed according to plans, directing is required. Any discrepancies between actual and
realized activities are then taken care of at the stage of controlling. Name and explain the
process highlighted above which started at the planning stage itself and is implicit and
inherent in all the functions of management in an organization.
 Mrs. Ahilya Pasi is the Principal of a prestigious school in New Delhi. The school has a
22. vacancy of a headmistress/headmaster of the junior wing of the school. The senior 3
teachers of the school have the opinion that only internal candidates should be considered
for this post. However, Mrs. Pasi and the management would like to invite applications
from external sources too. Briefly explain any three justifications the management can
provide to convince the staff for inviting applications of external candidates for the vacant
post.

23. Explain “Critical point control” with respect to Analyzing deviations, a step in the process of 3
controlling. Give a suitable example.

OR

Explain “Management by exception” with respect to Analyzing deviations, a step in the

process of controlling. Give a suitable example.

24. State any three objectives of the Securities Exchange Board of India. 3

Or

State any three functions performed by the stock exchange. 3

Enumerate any four benefits of the process by which the aptitudes, skills and abilities of
25. employees to perform specific jobs are increased. 4

OR

Name the mechanism that attempts to measure certain characteristics of individuals in the
process of identifying and choosing the best person out of the number of prospective
candidates for the job. Enumerate any three of its types.

26. State any four barriers to communication which are concerned with problems and 4
obstructions in the process of encoding and decoding the message into words or
impressions.

OR

State any four barriers to communication which are related to authority relationships, rules
and regulations of the company.

In Saarthak Steel several initiatives have been taken to further improve the motivation
27 levels of employees through designing jobs that include greater variety of work content, 4
providing certain stability about future income and work, providing fringe benefits like
housing, medical aid, etc., allotment of shares in line with various incentives. Identify and
briefly explain the incentives being given by the organization to the employees.
State any four factors affecting the financial decision that is concerned with raising of
28. finance using shareholders’ funds and borrowed funds. 4
 Krish limited is in the business of manufacturing and exporting carpets and other home
29. décor products. It has a share capital of ₹ 70 lacs at the face value of ₹ 100 each. Company
is considering a major expansion of its production facilities and wants to raise ₹ 50 lacs.
The finance manager of the company Mr. Prabhakar has recommended that the company
can raise funds of the same amount by issuing 7% debentures. Given that earning per share
of the company after expansion is ₹ 35 and tax rate is 30%, did Mr. Prabhakar give a 4
justified recommendation?
Show the working.
Mayank purchased a pack of chocolates of a renowned brand for his daughter from a shop
30. in the nearby market. After consuming the chocolates, his daughter fell sick. He filed a case 4
with the District forum against the renowned brand. He lost the case because of a mistake
that he could not provide proof of purchase. What should be kept in mind by a consumer
while purchasing, using and consuming goods and services apart from avoiding the mistake
committed by Mayank, in order to enable him/her to achieve the objective of consumer
protection? Enumerate any four points.

31. Briefly explain any three of the following techniques of Scientific Management as given by 6
F.W. Taylor:

a. Method study
b. Functional foremanship
c. Standardization
d. Differential piece wage system

OR

Briefly explain any three of the following principles of management given by Henry
Fayol:

a. Unity of command
b. Equity
c. Remuneration
d. Initiative

32. ‘The pros and cons of each alternative need to be weighed.’ Name and briefly explain the 6
logical steps in the process of planning which are followed by a manager before
performing the step highlighted in the above statement.

OR

Briefly explain the next three steps in the process of planning which the manager will have
to have to follow after using conjecture about what might happen in the future.

Jojo and Jojo is a company known for its consumer business of baby oil and bandages, but
33. many people do not know that the company also runs a medical device and diagnostics 6
business, as well as a pharmaceutical company. With more than 1,80,000 employees
worldwide the company has chosen to share decision making authority with lower levels
and place it nearest to the point of action. Therefore the response does not take time. This
 propagates the belief that people are competent, capable and resourceful who can get a
chance to prove their abilities. And enables the company in identifying those executives
who have the necessary potential to become dynamic leaders, so that the checking
required on decisions taken by lower levels of management is the least. This makes it
possible to evaluate performance at each level and each department can be individually
held accountable for their results.
By quoting the lines given above identify and briefly explain the benefits of the concept
discussed above.

34. Choco Ltd. offers a wide variety of chocolate products. It has an action program of not 6
selling its products by their generic name but under different names like Choco-silk bar,
Choco-Munchy and Choco-crunchy etc. for different customer segments. All these names
have great popularity and acceptability in the markets.

As the company policy the products were offered at reasonable and affordable prices for
targeting a mass customer base.

During the festive season the company launched a massive promotional campaign to
increase its revenue and achieve its communication objectives. The company introduced
free gifts for the customers.

Their on-ground sales team delivers the product not only to the departmental stores but
also to small shops, so that all segments of customers can easily get the products. They
also provide information and support services to customers to ensure repeat sales.

From the viewpoint of the management function, briefly explain any four activities of
marketing which the firm will be involved in, apart from the above-mentioned ones it's
already performing.
 SAMPLE QUESTION PAPER (2022-23)

ECONOMICS (030) CLASS 12

TIME: 3 HOURS M.M. – 80

GENERAL INSTRUCTIONS:

1. This question paper contains two sections:

Section A – Macro Economics
Section B – Indian Economic Development
2. This paper contains 20 Multiple Choice Questions type questions of 1 mark each.
3. This paper contains 4 Short Answer Questions type questions of 3 marks each to be answered
in 60 to 80 words.
4. This paper contains 6 Short Answer Questions type questions of 4 marks each to be answered
in 80 to 100 words.
5. This paper contains 4 Long Answer Questions type questions of 6 marks each to be answered
in 100 to 150 words.

Q.NO. SECTION A – MACRO ECONOMICS MARKS

1 Read the following statements carefully:

Statement 1: The consumption curve is an upward sloping straight line curve due to the
direct relationship between income and consumption and the assumption of constant
Marginal Propensity to Consume.
Statement 2: Aggregate Demand curve and Consumption curve are parallel to each other.
In the light of the given statements, choose the correct alternative from the following:
a) Statement 1 is true and statement 2 is false
b) Statement 1 is false and statement 2 is true 1
c) Both statements 1 and 2 are true
d) Both statements 1 and 2 are false

2 ‘Owing to the Russia-Ukraine crisis, the world is experiencing rising crude prices due to
supply-side issues.’
Identify the most likely impact on the Balance of Payment situation of the Indian economy
from the following:
a) Production of cars in India will rise.
1
b) Production and sale of cycles in India will rise.
c) Inflow of US Dollars in India will rise.
d) Outflow of US Dollars from India will rise.

3 _________ is an institution that accept deposits for lending purposes.

(Fill up the blank with correct alternative)
a) Commercial Banks b) Life Insurance Corporation 1
c) Reserve Bank of India d) Government of India

1
4 Read the following statements carefully:
Statement 1: Export of financial services by India will be recorded on credit side of current
account.
Statement2: Foreign Direct Investments in India will be recorded on credit side of capital
account.
In the light of the given statements, choose the correct alternative: 1
a) Statement 1 is true and statement 2 is false
b) Statement 1 is false and statement 2 is true
c) Both statements 1 and 2 are true
d) Both statements 1 and 2 are false

5 Read the following statements carefully:

Statement 1 - Net investment is a stock concept.
Statement 2 - Capital is a flow concept.
In the light of the given statements, choose the correct alternative from the following:
a) Statement 1 is true and statement 2 is false
b) Statement 1 is false and statement 2 is true
c) Both statements 1 and 2 are true 1
d) Both statements 1 and 2 are false
OR

Read the following figure carefully and choose the correct pair from the alternatives given
below:

Alternatives:
a) Output, Production
b) Value added, Production
c) Output, Disposition
1
d) Wealth, Development

6 If in an economy, the value of investment multiplier is 4 and Autonomous Consumption is

₹ 30 Crore, the relevant consumption function would be :

2
 a) C=30+0.75 Y b) C=(-)30+0.25Y
c) C=30-0.75Y d) C=30-0.25Y 1
OR
If increase in National Income is equal to increase in consumption, identity the value of
Marginal Propensity to Save :
a) Equal to unity b) Greater than one
c) Less than one d) Equal to zero
1

7 Money supply in India may increase if, ________________(Choose the correct alternative)
1. Reserve Bank of India(RBI) injects more money in circulation
2. the commercial banks expand their credit operation
3. tax rates are reduced by the Central Government
4. Reserve Bank of India increases the Bank Rate
Alternatives: 1
a) 1,2 and 3 are correct
b) 2,3 and 4 are correct
c) 1,3 and 4 are correct
d) 1,2 and 4 are correct

8 Suppose, following data is presented, for an imaginary economy: (all figures in ₹ ‘000 Crore)

Year Visible Exports Visible Imports

2010 280 240

2020 580 460

Identify, which of the statement about the period 2010 to 2020 is correct?
a) Improvement in balance of trade
b) Increase in trade deficit
c) Improvement in balance in invisibles items 1
d) Deterioration of balance of trade
OR
The following information is given for an imaginary country:
Current Account Amount (in ₹’000
Crore)

Visible Exports 100

Visible Imports 150

Invisible Exports 70

Invisible Imports 30

Net current transfer balance 15

3
 Balance on current account will be ____________ of ₹ ______ thousand Crore.
a) deficit, 10 1
b) surplus,5
c) deficit, 5
d) surplus, 10

9 Read the following statement -Assertion (A) and Reason (R). Choose one of the correct 1
alternatives given below:
Assertion (A): Ex-post Investments represent planned Investments; whereas ex-ante
Investments represent actual level of investments.
Reason (R): At equilibrium level, Ex-ante Savings and Ex-ante Investments are always
equal.
Alternatives:
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct
explanation of Assertion (A).
c) Assertion (A) is true but Reason (R) is false.
d) Assertion (A) is false but Reason (R) is true.

10 Read the following statement -Assertion (A) and Reason (R). Choose one of the correct
alternatives given below:
Assertion (A): Saving curve makes a negative intercept on the vertical axis at zero level of
income.
Reason (R): Saving function refers to the functional relationship between saving and income.
Alternatives:
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A). 1
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct
explanation of Assertion (A).
c) Assertion (A) is true but Reason (R) is false.
d) Assertion (A) is false but Reason (R) is true.

11 Suppose in a hypothetical economy there are only two Firms A and B, Firm A sold goods
for ₹ 2,000 to Firm B and purchased goods for ₹ 1,000. Firm B exported goods for ₹ 2,500 3
and had domestic sales of ₹ 1,500. Calculate Net Domestic Product at market price, if
consumption of fixed capital is ₹ 200.

12 Explain, how exchange rate is determined under a free market exchange rate system. 3
OR
Distinguish between autonomous and accommodating transactions in Balance of Payments 3
Accounts.

4
13 If an economy plans to increase its income by ₹ 2,000 crore and the Marginal Propensity to
Consume is 75%. Estimate the increase in investment required to achieve the targeted 4
increase in income.

14 As per the following news published in The Economic Times on 26th December, 2021:
‘Reserve Bank of India has sold government securities worth ₹ 8,710 crore in the secondary
market, over the last four weeks, to drain out excessive liquidity’. 4
Identify the likely cause and the consequences behind, this type of action plan of the Reserve
Bank.

15 Read the following text carefully, discuss briefly the relevant function of the Central Bank,
indicated :
Recently, Reserve Bank of India (RBI) conducted a statutory inspection for supervisory
evaluation against a Commercial Bank. The commercial bank was imposed with stringent
penalties, owing to deficiencies in regulatory compliances.
As per the Central Bank, the inspection revealed non-compliances vis-à-vis different 4
directions issued by RBI, on the following fronts:
i. ATM Card frauds
ii. Ensuring integrity and quality of data
iii. Loans to small borrowers (adapted/moderated -livemint.com)
OR 4
‘Reserve Ratio and Credit Creation are inversely related.’ Do you agree with the given
statement? Justify your answer with a suitable numerical example.

16 a) Define Gross Domestic Product (GDP) deflator and discuss its importance. 3
b) State and discuss any two precautions to be considered while estimating national 3
income by Expenditure Method.
17 a) Compare the trends depicted in the figures given below:

b) Elaborate the objective of ‘allocation of resources’ in the Government budget. 3

OR
a) Distinguish between revenue receipts and capital receipts of the government, with 3
suitable examples.
b) Distinguish between direct and indirect taxes, with suitable examples. 3

5
 SECTION B – INDIAN ECONOMIC DEVELOPMENT

18 Identify, which of the following indicates the adverse impact of British rule in India.
a) Introduction of communication networks in India
b) Change in composition of India’s foreign trade
c) Introduction of modern administrative system in India
d) Introduction of railways in India 1

19 __________committee was set up for the development and promotion of small scale
industries in India. 1
a) Karve b) Tapas Majumdar
c) Mahalanobis d) TRYSEM
Or
First Industrial Policy Resolution of Independent India was announced in the year______
(Fill in the blank with the correct alternative) 1
a) 1947 b) 1948 c) 1951 d) 1956

20 _________ and _____ are the reasons for the slowdown of the Pakistan economy since
independence.
I. political instability
II. over-dependence on remittances from abroad
III. stable performance of agriculture sector
IV. growth of service sector
Alternatives:
a) I and II b) II and III
c) III and IV d) I and IV 1
OR
‘GLF’ with respect to the People’s Republic of China referred to as ______(Choose the
correct alternative).
a) Giant Leap Forward b) Great Lead Forum
c) Great Leap Forward d) Giant Lead Forum
1

21 Identify which of the following is a source of non-institutional credit in the rural areas of
India.
a) NABARD b) Regional Rural Banks
c) Money Lenders d) Commercial Banks 1

22 From the set of the events given in column I and corresponding facts given in Column II,
choose the correct pair of statement:
COLUMN I COLUMN II
i Dual Pricing A Economic Reforms of 1991
ii Setting up of Special Economic Zones in B To attract foreign Direct Investment
China
iii Commune System C Backyard based Industrial
production units
iv Great Proletarian Cultural Revolution D Collective Farming

6
 Alternatives:
a) i – A 1
b) ii – B
c) iii – C
d) iv - D
23 Read the following statements carefully.
Statement 1: On-the-job trainings help to bridge a gap between theoretical concepts and
practical experiences.
Statement 2: On-the-job trainings update the employees, with the latest changes in their work
field.
In the light of the given statements, choose the correct alternative: 1
a) Statement 1 is true and statement 2 is false
b) Statement 1 is false and statement 2 is true
c) Both statements 1 and 2 are true
d) Both statements 1 and 2 are false

24 Read the following statements carefully.

Statement 1: Both India and Pakistan initiated their economic reforms without any external
pressures.
Statement 2: Pakistan has successfully implemented the SEZ policy and reaped its benefits
using the Export Promotion policy.
In the light of the given statements, choose the correct alternative: 1
a) Statement 1 is true and statement 2 is false
b) Statement 1 is false and statement 2 is true
c) Both statements 1 and 2 are true
d) Both statements 1 and 2 are false

25 _______________is not a cause for environmental degradation.

a) Waste management
b) Deforestation
c) Global warming 1
d) Guarding green cover
OR
______ is not the strategy for Sustainable Development. (Choose the
correct alternative)
a) Use of bio-gas
b) Use of solar power 1
c) Use of thermal power
d) Use of hydel power

26 Read the following statement -Assertion (A) and Reason (R). Choose one of the correct
alternatives given below:
Assertion (A): Unemployment and poverty are inseparable twins.
Reason(R): Unemployment is the root cause of all socio-economic evils.
Alternatives:

7
 a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct
explanation of Assertion (A).
c) Assertion (A) is true but Reason (R) is false. 1
d) Assertion (A) is false but Reason (R) is true.

27 Read the following statement -Assertion (A) and Reason (R). Choose one of the correct
alternatives given below:
Assertion (A): In the late 1970s, China’s population growth rate had sharply declined.
Reason(R): China has witnessed an increase in the proportion of elderly people owing to 1
stringent family planning programmes.
Alternatives:
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion (A).
b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct
explanation of Assertion (A).
c) Assertion (A) is true but Reason (R) is false.
d) Assertion (A) is false but Reason (R) is true.

28 Interpret the given picture on account of current environmental challenges. 3

Source: https://www.theenvironmentalblog.org/current-environmental-issues

29 Defend or refute the following statement with valid explanation: 3

‘Disguised unemployment is a common form of unemployment in rural India’
Or
Critically evaluate the role of rural banking system in the process of rural development in 3
India.

30 Compare and analyse the following information related to Imports and Exports of the three
neighbouring nations:

8
 Country Exports from India (in ₹ Crore) Imports to India (in ₹ Crore)

2004- 2018-19 Annual rate of 2004-05 2018-19 Annual rate of

05 growth (%) growth (%)

Pakistan 2,341 14,426 3.7 427 3,476 5.1

4
China 25,232 1,17,289 2.6 31,892 4,92,079 10.3

31 a) Name any one Maharatana company. 1

b) ‘Land ceiling promotes equity.’ Support the given statement with valid explanation. 3
OR
Discuss briefly, how institutional reforms (land reforms) have played a significant role in
transforming Indian agriculture. 4

32 State whether the following statements are true/false, with valid arguments:
a) Human Capital and Human Development are one and the same thing 2
b) India has a poor stock of technical manpower. 2

33 a) Define agricultural marketing. 2

b) Discuss briefly the importance of micro-credit programmes in rural development. 2
c) Enlist any two problems faced by farmers in the initial years of organic farming. 2

OR
a) “India has failed to implement the recommendations of Education Commission of
1964 -66.” Give valid arguments in support of the given statement. 3
b) ‘Casual wage work is the major source of employment in rural India ‘. Defend or
refute the given statement with valid reason. 3

34 Read the following text carefully and answer the given questions on the basis of the same
and common understanding:
The Green Revolution in India began in the mid-1960s marking a transition from traditional
agriculture in India to high-yielding varieties of seeds and the associated modern agricultural
techniques. The need for introduction of Green Revolution in India arose due to a shortage
of food-grains in the post-independent period.
The government in the post-independent India wanted to ensure self-dependence in terms of
food-grain production. Such efforts coincided with the development of high-yielding
varieties of seeds of wheat developed by Dr. Norman Borlung and his associates in Mexico.
These seeds also necessitated changes in farming techniques such as the addition of
fertilizers, pesticides and better irrigation facilities. High yielding varieties of seeds were
first introduced in India in the states of Punjab, Haryana and parts of western Uttar Pradesh.

9
In the early period of the green revolution in India, the focus was to acclimatise the new
system with the more resource-intensive agricultural methods. The argument for introducing
the new crop varieties was to increase agricultural production in terms of higher crop yields.
The seeds introduced during the early period of the green revolution in Punjab were not high-
yielding by themselves. These high yields were possible due to the seeds being highly
responsive to certain inputs such as irrigation water and fertilizers.
The green revolution in India, thus, necessitated a resource-intensive process whereby, those
who could make significant capital investments could benefit, whereas, those others became
more marginalized in regions affected by practices of the green revolution in India. On one 3
hand, the results derived from the green revolution helped farmers to increase their yield and
income and on the other hand, it helped the government to procure and preserve more food 3
grains through agencies like Food Corporation of India. These food grain reserves were
helpful in creation of buffer stocks in India, which helped in the situations of adversities.

a) Why was Green revolution implemented and how did it benefit the farmers?
b) Justify the following statement with valid explanation:
‘Green revolution enabled the government to procure sufficient food grains to build
its stocks that could be used during time of shortage’.

10
 SAMPLE QUESTION PAPER (2022-23)
ENGLISH – CORE (301)
CLASS-XII
Time allowed: 3 Hrs. Maximum Marks: 80
General Instructions:
1. 15-minute prior reading time allotted for Q-paper reading.
2. The Question Paper contains THREE sections-READING, WRITING and LITERATURE.
3. Attempt questions based on specific instructions for each part. Write the correct question
number in your answer sheet to indicate the option/s being attempted.

Section A: READING SKILLS (20 marks) Marks

I Read the passage given below. 10

Ghost nets aren’t supernatural, but they are legitimately scary. A ghost net is a fishing net that’s
been lost or abandoned in the ocean. They are one particularly appalling part of the global ghost
fishing problem, which includes fishing gear abandoned in the water. Any net or line left in the
1 ocean can pose a threat to marine life. Just because a net is no longer used by fishers doesn’t
mean it stops working. These nets continue to trap everything in their path, presenting a major
problem for the health of our oceans and marine life.
Ghost nets entangle sea turtles, dolphins and porpoises, birds, sharks, seals and more, apart from
catching fish. The nets keep animals from moving freely, cause injuries and keep mammals and
birds from rising to the surface for air. Since hundreds of animals can be caught in a single net,
2
this threat is monumental. The ghost nets harm coral reefs too—breaking corals, exposing them
to disease and even blocking the reefs from needed sunlight.
Ghost nets are also a major contributor to the ocean plastics’ crisis. Most modern nets are made
of nylon or other plastic compounds that can last for centuries. According to a 2018 study in
Scientific Reports, ghost nets make up at least 46 percent of the Great Pacific Garbage Patch.
3
Those abandoned fishing lines and nets that do breakdown never go away; they just become
smaller pieces of plastic. Marine animals mistake this microplastic for food and eat it, which can
harm internal organs, keep them from eating and expose them to toxic chemicals.
Exorcising ghost nets from our oceans will require commitment, cooperation and innovation.
Many groups are working to remove ghost nets from the sea and are collaborating with local
fishers and governments around the world to identify target areas and remove as many nets as
4 possible. In 2015, a single World Wildlife Fund for Nature (WWF)-led mission in the Baltic Sea
hauled up 268 tons of nets, ropes and other material.
To stop these nets from becoming ghosts in the first place, conservation organisations advocate
for fishing gear that can be traced to its owner so anyone dumping nets can be fined and
refundable deposits on nets to encourage returning or recycling rather than littering. Tools like
sonar reflectors that can make ghost nets easier to find and working with small-scale fisheries to
5
develop more sustainable fishing gear and practices are other suggestions. It is only by attacking

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 this problem from all sides, together with conservation partners, fishers and supporters, can we
banish ghost nets and protect our oceans.
(437 words)
Adapted—https://www.worldwildlife.org/stories/our-oceans-are-haunted-by-ghost-nets-why-that-s-scary-and-
what-we-can-do—24

Based on your understanding of the passage, answer the questions given below. 1x10
i Complete the sentence by choosing an appropriate option. 1
Ghost nets have been named so because they

A. cause much harm to the marine life.

B. are functional though not in use by fishers.
C. are not owned by anyone.
D. act as a snare for all animals in oceans.

ii Comment on the writer’s reference to the ghost nets in paragraph one, as a health 1
problem for the oceans.

iii List the two ways being entangled in a ghost net is likely to impact a walrus. 1
(Clue: Think about the type of animal a walrus is)

iv Select the option that conveys the opposite of ‘negligible’, from words used in 1
paragraph two.
A. unimpressive
B. monumental
C. exposing
D. threat

v The writer would agree with the given statements based on paragraph three,EXCEPT: 1
A. Most ghost nets take a few years to completely disintegrate.
B. Ghost nets contribute to the Great Pacific Garbage Patch.
C. Most ghost nets provide nutrition to marine animals, upon disintegration.
D. Ghost nets can curtail freedom of marine animals.

vi Some records share that fishing nets used to be made of common rope using natural 1
fibres, prior to the 1960s. Based on your understanding of paragraph three, list one
major advantage that these had over the fishing nets being used in present times.

vii Why is it fair to say that commitment and innovation have to go hand-in-hand to rid 1
the oceans of ghost nets?

viii Complete the given sentence with an appropriate inference, with respect to the 1
following:
The writer quotes the example of the WWF-led mission in the Baltic Sea (Paragraph 4),
in order to........................................................................................................................

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ix How can the solutions, suggested in paragraph five, best be described? 1
A. practical
B. presentable
C. popular
D. prejudiced

x Select the most suitable title for the above passage. 1

A. The Scary Side of Ghost Nets
B. Ghost Nets – A Result of Human Dominance
C. Ghost Nets – A Menace to Marine Life
D. Ways to Tackle the Problem of Ghost Nets

II Read the passage given below. 10

It is generally accepted that leadership development should be a part of the education system's
responsibility for preparing individuals to participate in a democratic and progressive society.
Many schools, colleges and universities, across nations, provide their students with leadership
1 courses, curricular programs and co-curricular programs that are designed to develop students’
formal knowledge about leadership as well as opportunities and experiences to develop students
as leaders and actually practise leadership. Yet, only a handful of studies have sought to
understand leader development from the students’ point of view, with students describing their
own experiences and what they learned from them in their own words.

A 2014 descriptive study sought to understand student leadership with research through key
events via the following research questions:
Research Question 1: What key events do student leaders in college, report as significantly
impacting their development as a leader?
Research Question 2: What lessons do student leaders in college, report learning as a result of
2
the key events they have experienced?
Research Question 3: Are certain key events more likely to be linked to particular lessons?
Approximately 130 students were contacted and the 72 interested, were interviewed. Two
members of the research team were present for each 15–45-minute interview. One member
served as the primary interviewer while the second ran the audio equipment.
The results for lessons learned (Table 1), were varied, but there were a few that were frequently
quoted.

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 This study described the rich array of leadership lessons that students are learning through their
3 experiences. It revealed that student leaders are learning foundational leadership skills and
competencies that have positively impacted how to accomplish work, how to work with others
and how to be both supported by and support others.

(295 words)
Adapted-
https://www.researchgate.net/publication/264696744_Key_Events_in_Student_Leaders'_Lives_and_Lessons_Learn
ed_from_Them

Based on your understanding of the passage, answer the questions given below. 1x10
i Does the following statement agree with the information given in paragraph 1? 1

The researcher believes that educational institutions have ideal resources to study
impact of leadership skills on young adults.

Select from the following:

True - if the statement agrees with the information

False - if the statement contradicts the information
Not Given - if there is no information on this

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 ii Do you think the researchers of the study aimed to change the students’ outlook 1
towards the development of leadership skills, directly or indirectly? Support your
answer with reference to the text.

iii Select the option that displays the most likely reason for including Research Question 3 1
in the 2014 study.
In order to find out if...
A. learning opportunities shape students’ overall personality.
B. leadership lessons are the result of the designed learning opportunities.
C. all learning opportunities cater to a specific lesson.
D. certain lessons are common in more than one learning opportunity.

Iv Complete the sentence based on the following statement. 1

More than 50% of the identified student respondents were keen to participate in the
2014 study.

We can say this because .

v Select the option that displays the key event designed with “Balancing Roles” (Table 1) 1
as the objective.

A. Students will be able to debate the issue at hand, with different teams.
B. Students will be able to manage the responsibilities of a mentor, planner
researcher and presenter.
C. Students will be able to surmount minor problems and focus on the final
goal.
D. Students will be able to explain concepts and clarify them for peers.

vi Complete the given sentence by selecting the most appropriate option. 1

The 2014 study attempts to understand student leadership by focussing on .

A. experiences that shaped students’ overall personality.

B. lessons gained by students as they grew up.
C. relationship of key events with particular lessons.
D. students in leadership roles.

vii The lessons for ‘Individual competencies’ had a range of responses. 1

Give one reason why having the least number of responses for ‘Decision Making’, is a
matter that needs attention.

viii Complete the given sentence by selecting the most appropriate option. 1

The concluding sentence of the text makes a clear case for by listing it
as a core competency for student leadership.

A. collaboration
B. flexibility

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 C. hard work
D. observation

ix Complete the sentence appropriately with one/ two words. 1

In the context of “Working with Others” in Table 1, the lesson of ‘Conflict’ refers to
.

x Based on the reading of the text, state a point to challenge the given statement. 1

When theoretical knowledge about leadership suffices, it is a waste of funds by

educational organisations, to organise leadership camps and programmes.

III SECTION B – CREATIVE WRITING SKILLS 20

All the names and addresses used in the questions are fictitious. Resemblance, if any, is purely coincidental.
1. Attempt ANY ONE from A and B given below. 5
A You are Josely Mathew, the President of the school book club. The club is organising a
drive for promoting reuse of study materials and books. Draft a notice in about 50
words, for the school notice board, addressing students of classes X-XII, informing them
about this drive and urging them to contribute to the endeavour. Mention how the
donated books would would benefit a charitable cause.

OR
B As the House Captain of A.B.M Public School, Telangana, draft a notice in not more than
50 words for the school notice board, informing House members from X-XII about the
change in topic and submission dates for Round 1 of ‘Discovery’ - the upcoming Inter-
House Reasearch-based Paper Presentation Competition. Do not forget to issue an
apology for the above. You are Kruthika Reddy.

2. Attempt ANY ONE from A and B given below. 5

A You are Dr. Suchitra Mukherjee. You have received an invitation from the Director,
Health Services, Kharagpur, W.B, to preside over a gathering of leading medical
practitioners attending a workshop on mental wellness on 09 November, 2023 at 11
a.m. in the Public Hospital, Jammu, J & K. Respond to accept the invitation in about 50
words.

OR
B Draft an invitation in about 50 words, on behalf of your aunt, Meghna Menon, which she
has to share to invite prior work colleagues to the inaugural event of her own
investment consultancy firm, in the Acer mall, Kozhikode, Kerala.

3. Attempt ANY ONE from A and B given below. 5

A You are Minu Sen, an intern in a software company in Hyderabad. You feel that the
growing relationship of companies with non-profit organisations have made Corporate
Social Responsibility (CSR) the buzzword today. Your own involvement in one such
project for your company has convinced you that CSR looks beyond the company profits
and focuses on benefiting the greater community.

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 Write a letter to the editor of a national daily in about 120-150 words, sharing your
opinion about CSR and its advantages and provide suggestions to make it an integral
part of every organisation. Use the given cues along with your own ideas to compose
this letter.

OR
B You are Minu Sen, employed as an Asst. Manager for Corporate Social Responsibility
(CSR) in your current company in Hyderabad. You saw the given advertisement in the
newspaper and wish to apply for the position advertised.

Write a a letter to Credit Sage Pvt. Ltd. along with your bio-data, expressing your interest
in the situation vacant.

4. Attempt ANY ONE from A and B given below. 5

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A The construction sector is believed to be quite hazardous and has the maximum
number of fatal work injuries because apart from other causes, stakeholders in this
sector tend to ignore safety regulations.
As a columnist for an e-zine, draft an article in about 120-150 words, on the theme of
the importance of worker safety in construction zones. Explore possible reasons for the
prevailing situation and include suggestions for addressing it. Support your ideas with
cues given below.

OR
B The construction sector is believed to be quite hazardous and has the maximum
number of fatal work injuries. A safety fair was organised by ‘Building Safely’, an NGO
in Mysuru, Karnataka with the overarching theme pertaining to the importance of
worker safety in construction zones. You were asked to cover this event as the junior
correspondent of a local daily. Write a report covering this event in about 120-150
words. Support your ideas with outline cues given below, to craft your newspaper
report.

SECTION C - LITERATURE 40

IV Read the given extracts to attempt the questions with reference to context.
1 Attempt ANY ONE of two extracts given. 1*6=6
1.A It is in the news that all these pitiful kin
Are to be bought out and mercifully gathered in
To live in villages, next to the theatre and the store,
Where they won’t have to think for themselves anymore,
While greedy good-doers, beneficent beasts of prey,
Swarm over their lives enforcing benefits
That are calculated to soothe them out of their wits,
And by teaching them how to sleep they sleep all day,
Destroy their sleeping at night the ancient way.

(A Roadside Stand)
i. What is the tone of the poet in the above lines? 1
(i) aggressive
(ii) tolerant

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 (iii) sarcastic
(iv) resigned
(v) sentimental
Choose the most appropriate option.
A. Only (i)
B. (ii) and (iii)
C. (i), (iv) and (v)
D. Only (iii)

ii. Identify the phrase from the extract, that suggests the following: 1

No one bothers to take ‘their’ consent before pushing the promise of a better life, their
way.

iii. What quality of the villagers can be inferred through these lines? 1

A. gullible
B. futuristic
C. hypocritical
D. ambitious

iv. Complete the following analogy correctly. Do NOT repeat from used example. 1

greedy good doers: alliteration :: ................................... oxymoron

v. On the basis of the extract, choose the correct option with reference to (1) and (2) 1
given below.
(1) The city dwellers make promises for the betterment of the villagers.
(2) The city dwellers have ulterior motives.

A. (1) is true but (2) is false.

B. (2) is true but (1) is false.
C. (2) is the reason for (1).
D. Both (1) and (2) cannot be inferred from the extract.

vi. Fill the blank with an appropriate word, with reference to the extract. 1

‘… calculated to soothe them out of their wits’ implies that ‘them’ are being .
OR
1.B A thing of beauty is a joy forever
Its loveliness increases, it will never
Pass into nothingness; but will keep
A bower quiet for us, and a sleep
Full of sweet dreams, and health, and quiet breathing.
Therefore, on every morrow, are we wreathing
A flowery band to bind us to the earth
(A Thing of Beauty)

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i. Choose the option that displays the same poetic device as used in the first line of the 1
extract.
A. I’m as happy as I can be.
B. Life is a roller coaster ride.
C. Nature is God’s gift to us.
D. The dazzling divas enchanted all.

ii. What does the phrase ‘a bower quiet’ indicate? 1

A. serenity
B. morality
C. superiority
D. diversity

iii. The benefits of a thing of beauty for humans include . 1

(i) healthy body
(ii) calm mind
(iii) struggle-free life
(iv) better relationships
(v) hope to carry on

Choose the most appropriate option.

A. Only (v)
B. (i), (ii) and (v)
C. (i), (iii) and (iv)
D. (ii) and (iv)

iv. Answer in ONE word. 1

When the poet says that ‘a thing of beauty’ will never pass into nothingness, he means
that it is .

v. On the basis of the extract, choose the correct option with reference to the two 1
statements given below.
(1) We are surrounded by beautiful things.
(2) Beautiful things provide us joy.

A. (1) can be inferred from the extract but (2) cannot.

B. (2) can be inferred from the extract but (1) cannot.
C. Both (1) and (2) can be inferred from the extract.
D. (2) is the reason for (1) and can be inferred from the extract.

vi. Which of the following is an apt title for the extract? 1

A. Full to the Brim with Joy
B. Beauty Galore
C. Live Life King Size

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 D. Hope Floats

2 Attempt ANY ONE of two extracts given. 1*4=4

2.A DERRY: You’re ... peculiar. You say peculiar things. You ask questions I don’t
understand.
MR LAMB: I like to talk. Have company. You don’t have to answer questions. You don’t
have to stop here at all. The gate’s open.
DERRY: Yes, but...
MR LAMB: I’ve a hive of bees behind those trees over there. Some hear bees and they
say, bees buzz. But when you listen to bees for a long while, they humm. ... and hum
means ‘sing’. I hear them singing, my bees.
DERRY: But....I like it here. I came in because I liked it ..... when I looked over the wall.
MR LAMB: If you’d seen me, you’d not have come in.
DERRY: No.

(On the Face of It)

i. List the playwright’s purpose of using ellipses (…) in this extract. 1

ii. Select the option that best describes Derry and Mr. Lamb in the extract.
1
A. Derry: introvert; Mr. Lamb: friendly
B. Derry: fearful; Mr. Lamb: domineering
C. Derry: friendly; Mr. Lamb: weird
D. Derry: open minded; Mr. Lamb: charming

iii. Which of the following best summarises Mr. Lamb’s attitude towards the bees? 1
A. Beauty is being true to yourself.
B. There is a kind of beauty in imperfection.
C. Beauty is the promise of happiness.
D. The beauty of the world lies in the details.

iv. Derry says, “I came in here because I liked it ….” What was the one significant thing 1
Derry might have liked about the place, as per the extract?
OR
2.B Students on Ice, the programme I was working with on the Shokalskiy, aims to do
exactly this by taking high school students to the ends of the world and providing them
with inspiring educational opportunities which will help them foster a new
understanding and respect for our planet. It’s been in operation for six years now,
headed by Canadian Geoff Green, who got tired of carting celebrities and retired, rich,
curiosity-seekers who could only ‘give’ back in a limited way. With Students on Ice, he
offers the future generation of policy-makers a life-changing experience at an age
when they’re ready to absorb, learn, and most importantly, act.

(Journey to the End of the Earth)

i. Complete the sentence appropriately, with reference to the extract. 1
The writer refers to the educational opportunities as ‘inspiring’ because .

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ii. Which of the following would NOT be ‘a life changing experience’? 1
A. Being given the lead role in a play.
B. Going on an adventure trip.
C. Playing a video game.
D. Meeting a great leader, you admire.

iii. Select the most suitable title for the given extract. 1
A. Adventure with a Mission
B. Adventure – The Spice of Life
C. The Wanderlust
D. Students of the Future

iv. Why does the writer refer to ‘act’ as more important than ‘absorb’ or ‘learn’? 1

3 Attempt ANY ONE of two extracts given. 1*6=6

3.A A girl from the countryside, she hadn’t gone through all the stages of worldly
experience that generally precede a position of importance and sophistication that she
had found herself catapulted into. She never quite recovered from the terror she felt
that day. That was the end of a brief and brilliant acting career — the legal adviser,
who was also a member of the Story Department, had unwittingly brought about that
sad end. While every other member of the Department wore a kind of uniform —
khadi dhoti with a slightly oversized and clumsily tailored white khadi shirt — the legal
adviser wore pants and a tie and sometimes a coat that looked like a coat of mail.
Often, he looked alone and helpless …
(Poets and Pancakes)
i. Select the option that completes the given sentence appropriately. 1
‘Stages of worldly experience’ in the given context would refer to .
A. good education to gain knowledge.
B. situations that require one to be street smart.
C. smaller, not so important roles in acting.
D. training in soft skills.

ii. Select the suitable word from the extract to complete the following analogy: 1
sealed: closed :: propelled:

iii. Select the correct option to fill in the blank. 1

The harm done to the actress was a/an

A. well-planned act.
B. unintentional act.
C. act of jealousy.
D. act of male dominance.

iv. Based on the above extract, choose the statement that is TRUE for the legal adviser. 1

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 A. He disliked the actress from the countryside.
B. He acted after thinking through things carefully.
C. He did not gel well with others in the Department.
D. He was always dressed smartly.

v. Identify the textual clue that allows the reader to infer that the writer is sympathetic 1
towards the professional fate of the actor. (Clue: a phrase)

vi. Complete the sentence with an appropriate explanation, as per the extract. 1
The writer uses the word ‘uniform’ to refer to the outfits of the Department members
because just like a uniform .

OR
3.B Some might make quite extravagant claims for it as being, in its highest form, a source
of truth, and, in its practice, an art. Others, usually celebrities who see themselves as
its victims, might despise the interview as an unwarranted intrusion into their lives, or
feel that it somehow diminishes them, just as in some primitive cultures it is believed
that if one takes a photographic portrait of somebody then one is stealing that
person’s soul.
(The Interview)
i. What is the most likely reason some people consider the practice of interview to be an 1
art?
This could be because it requires-
A. fluency of words.
B. sensitive and careful handling.
C. creativity and imagination.
D. probing and focusing on details.

ii. Rewrite the sentence by replacing the underlined phrase with its inference. 1
Celebrities feel that an interview diminishes them.

iii. On the basis of the extract, choose the correct option with reference to the two 1
statements given below.
(1) Celebrities don’t consent to be interviewed.
(2) Interviews intrude the privacy of celebrities.

A. (1) Can be inferred from the extract but (2) cannot.

B. (1) cannot be inferred from the extract but (2) can.
C. (1) is true but (2) is false.
D. (2) is the reason for (1).

iv. Rationalise, to support the given opinion: 1

To say that an interview, in its highest form, is a source of truth, is an extravagant
claim.

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v. Replace the underlined word with its antonym from the extract. 1
Some celebrities hate the idea of having to give an interview because it makes them
feel like supporters.

vi. The author’s views on interview, in the extract, can best be described as statements 1
based on .
A. facts
B. hypothesis
C. beliefs
D. superstitions

V Answer ANY FIVE of the following in about 40-50 words each. 5*2=10
i. “You realise the true value of a thing only on losing it.” Comment on this statement in 2
the light of the story, The Last Lesson.

ii. State the common issue faced by most of the aged in the current times, with reference 2
to the poem My Mother at Sixty-six.

iii. What do we come to know about the author of Lost Spring, Anees Jung, through her 2
interactions with Saheb and Mukesh?

iv. Give two reasons why, according to Pablo Neruda, is ‘keeping quiet’ essential to 2
attaining a better, more peaceful world. (Keeping Quiet)

v. If the Christmas spirit is about selflessness, forgiveness and becoming 'better' versions 2
of ourselves amongst other things, Edla Willmansson is the epitome of this spirit.
Justify with two points of evidence from The Rattrap.

vi. How can we say that marriage was a compromise for Aunt Jennifer? Support your 2
response with two justifications. (Aunt Jennifer’s Tigers)

VI Answer ANY TWO of the following in about 40-50 words each. 2*2=4
i. ‘It’s easy to judge others and give advice, but much more difficult to apply it to 2
ourselves.’ Elaborate with reference to the character of Sam in The Third Level.

ii. Comment on any one aspect of the writing style of the author, Kalki in The Tiger King. 2

iii. How do we know that Dr. Sadao was conscientious as well as loyal? (The Enemy) 2

VII Answer ANY ONE of the following in about 120-150 words. 1*5=5
i. The prose selections, Deep Water and Indigo, bring out the importance of overcoming 5
fear, in order to be able to lead our lives successfully.
Imagine yourself to be a motivational speaker who has to address high school
students. Write this address in 120 – 150 words elaborating on occurrences from the
two texts to inspire your audience and to convince them about the importance of
overcoming fear.

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 You may begin like this …
Good morning, students!
We all know what it’s like to be afraid. Fear is our body’s natural response to a perceived threat or danger.
But when …
OR
ii. ‘Their mother sighed.
Sophie watched her back stooped over the sink and wondered at the incongruity of the 5
delicate bow which fastened her apron strings.’
The prose selection, Going Places includes this telling comment about Sophie’s
mother.
In Aunt Jennifer’s Tigers, we are told that -
‘The massive weight of Uncle’s wedding band
Sits heavily upon Aunt Jennifer’s Hand.’

Imagine a conversation between Sophie’s mother and Aunt Jennifer. Create this
exchange with reference to the two extracts given above.

You may begin the conversation like this …

Sophie’s mother: Your embroidery is so beautiful. Do you love tigers?

VIII Answer ANY ONE of the following in about 120-150 words. 1*5=5
i. On returning home, Tishani Doshi writes her thoughts reflecting on how her decision
to enrol for the Students on Ice programme has been the single most important
decision of her life that has completely transformed her.
Imagine yourself to be Tishani and express these thoughts.
You may begin like this:
I can’t thank my stars enough for having cashed in on the opportunity of...........

OR
ii. Both Bama and Zitkala Sa experienced the harsh reality of discrimination in their 5
childhood. Instead of letting it pull them down, they both found a way to overcome it.
You wish to include a cameo* of both in your upcoming blog post.
As a part of the research, compare and contrast the experiences faced by the two and
their response/s to these experiences, in 120-150 words. [Clue: Include the similarities and
differences in the discrimination they faced - their feelings - determination to overcome – success]

*a short description that neatly encapsulates someone or something

Page 15 of 15
 Sample Question Paper
Class XII
Session 2022-23
Mathematics (Code-041)

Time Allowed: 3 Hours Maximum Marks: 80

General Instructions :

1. This Question paper contains - five sections A, B, C, D and E. Each section is

compulsory. However, there are internal choices in some questions.
2. Section A has 18 MCQ’s and 02 Assertion-Reason based questions of 1 mark each.
3. Section B has 5 Very Short Answer (VSA)-type questions of 2 marks each.
4. Section C has 6 Short Answer (SA)-type questions of 3 marks each.
5. Section D has 4 Long Answer (LA)-type questions of 5 marks each.
6. Section E has 3 source based/case based/passage based/integrated units of
assessment (4 marks each) with sub parts.

SECTION A
(Multiple Choice Questions)
Each question carries 1 mark

Q1. If A =[aij] is a skew-symmetric matrix of order n, then

(a) 𝑎 = ∀ 𝑖, 𝑗 (b) 𝑎 ≠ 0 ∀ 𝑖, 𝑗 (c)𝑎 = 0, 𝑤ℎ𝑒𝑟𝑒 𝑖 = 𝑗 (d) 𝑎 ≠ 0 𝑤ℎ𝑒𝑟𝑒 𝑖 = 𝑗
Q2. If A is a square matrix of order 3, |𝐴′| = −3, then |𝐴𝐴′| =
(a) 9 (b) -9 (c) 3 (d) -3
Q3. The area of a triangle with vertices A, B, C is given by
(a) 𝐴𝐵⃗ × 𝐴𝐶⃗ (b) 𝐴𝐵⃗ × 𝐴𝐶⃗
(b) 𝐴𝐶⃗ × 𝐴𝐵⃗ (d) 𝐴𝐶⃗ × 𝐴𝐵⃗
, 𝑖𝑓 𝑥 ≠ 0 
Q4. The value of ‘k’ for which the function f(x) = is continuous at x = 0 is
𝑘, 𝑖𝑓 𝑥 = 0
(a) 0 (b) -1 (c) 1. (d) 2
Q5. If 𝑓 (𝑥) = 𝑥 + , then 𝑓(𝑥) is
(a) 𝑥 + log |𝑥| + 𝐶 (b) + log |𝑥| + 𝐶 (c) + log |𝑥| + 𝐶 (d) − log |𝑥| + 𝐶
Q6. If m and n, respectively, are the order and the degree of the differential equation
= 0, then m + n =

(a) 1 (b) 2 (c) 3 (d) 4

Q7. The solution set of the inequality 3x + 5y < 4 is

(a) an open half-plane not containing the origin.

(b) an open half-plane containing the origin.
(c) the whole XY-plane not containing the line 3x + 5y = 4.
(d) a closed half plane containing the origin.

Page 1
Q8. The scalar projection of the vector 3𝚤̂ − 𝚥̂ − 2𝑘 𝑜𝑛 𝑡ℎ𝑒 𝑣𝑒𝑐𝑡𝑜𝑟 𝚤̂ + 2𝚥̂ − 3𝑘 is
(a) (b) (c) (d)
√

Q9. The value of ∫ dx is

(a) log4 (b) 𝑙𝑜𝑔 (c) 𝑙𝑜𝑔2 (d) 𝑙𝑜𝑔

Q10. If A, B are non-singular square matrices of the same order, then (𝐴𝐵 ) =
(a)𝐴 𝐵 (b)𝐴 𝐵 (c)𝐵𝐴 (d) 𝐴𝐵

Q11. The corner points of the shaded unbounded feasible region of an LPP are (0, 4),
(0.6, 1.6) and (3, 0) as shown in the figure. The minimum value of the objective
function Z = 4x + 6y occurs at

(a)(0.6, 1.6) 𝑜𝑛𝑙𝑦 (b) (3, 0) only (c) (0.6, 1.6) and (3, 0) only
(d) at every point of the line-segment joining the points (0.6, 1.6) and (3, 0)

2 4 2𝑥 4
Q12. If = , 𝑡ℎ𝑒𝑛 𝑡ℎ𝑒 𝑝𝑜𝑠𝑠𝑖𝑏𝑙𝑒 value(s) of ‘x’ is/are
5 1 6 𝑥
(a) 3 (b) √3 (c) -√3 (d) √3, −√3

Q13. If A is a square matrix of order 3 and |A| = 5, then |𝑎𝑑𝑗𝐴| =

(a) 5 (b) 25 (c) 125 (d)

Q14. Given two independent events A and B such that P(A) =0.3, P(B) = 0.6 and P(𝐴 ∩ 𝐵 ) is
(a) 0.9 (b) 0.18 (c) 0.28 (d) 0.1

Q15. The general solution of the differential equation 𝑦𝑑𝑥 − 𝑥𝑑𝑦 = 0 𝑖𝑠

(a) 𝑥𝑦 = 𝐶 (b) 𝑥 = 𝐶𝑦 (c) 𝑦 = 𝐶𝑥 (d) 𝑦 = 𝐶𝑥

Q16. If 𝑦 = 𝑠𝑖𝑛 𝑥, then (1 − 𝑥 )𝑦 𝑖𝑠 equal to

(a) 𝑥𝑦 (b) 𝑥𝑦 (c) 𝑥𝑦 (d) 𝑥

Page 2
Q17. If two vectors 𝑎⃗ 𝑎𝑛𝑑 𝑏⃗ are such that |𝑎⃗| = 2 , 𝑏⃗ = 3 𝑎𝑛𝑑 𝑎⃗. 𝑏⃗ = 4, 𝑡ℎ𝑒𝑛 𝑎⃗ − 2𝑏⃗ is
equal to
(a) √2 (b) 2√6 (c) 24 (d) 2√2

Q18. P is a point on the line joining the points 𝐴(0,5, −2) and 𝐵(3, −1,2). If the x-coordinate
of P is 6, then its z-coordinate is

(a) 10 (b) 6 (c) -6 (d) -10

ASSERTION-REASON BASED QUESTIONS

In the following questions, a statement of assertion (A) is followed by a statement of
Reason (R). Choose the correct answer out of the following choices.

(a) Both A and R are true and R is the correct explanation of A.

(b) Both A and R are true but R is not the correct explanation of A.
(c) A is true but R is false.
(d) A is false but R is true.

Q19. Assertion (A): The domain of the function 𝑠𝑒𝑐 2𝑥 is −∞, − ∪ [ , ∞)

Reason (R): 𝑠𝑒𝑐 (−2) = −
Q20. Assertion (A): The acute angle between the line 𝑟̅ = 𝚤̂ + 𝚥̂ + 2𝑘 + 𝜆(𝚤̂ − 𝚥̂) and the x-axis
is
Reason(R): The acute angle 𝜃 between the lines
𝑟̅ = 𝑥 𝚤̂ + 𝑦 𝚥̂ + 𝑧 𝑘 + 𝜆 𝑎 𝚤̂ + 𝑏 𝚥̂ + 𝑐 𝑘 and
| |
𝑟̅ = 𝑥 𝚤̂ + 𝑦 𝚥̂ + 𝑧 𝑘 + 𝜇 𝑎 𝚤̂ + 𝑏 𝚥̂ + 𝑐 𝑘 is given by 𝑐𝑜𝑠𝜃 =

SECTION B
This section comprises of very short answer type-questions (VSA) of 2 marks each

Q21. Find the value of 𝑠𝑖𝑛 [𝑠𝑖𝑛 ]

OR
Prove that the function f is surjective, where 𝑓: 𝑁 → 𝑁 such that
𝑛+1
, 𝑖𝑓 𝑛 𝑖𝑠 𝑜𝑑𝑑
𝑓(𝑛) = 2  
𝑛
, 𝑖𝑓 𝑛 𝑖𝑠 𝑒𝑣𝑒𝑛
2
Is the function injective? Justify your answer.

Q22. A man 1.6 m tall walks at the rate of 0.3 m/sec away from a street light that is 4 m above
the ground. At what rate is the tip of his shadow moving? At what rate is his shadow
lengthening?

Q23. If 𝑎⃗ = 𝚤̂ − 𝚥̂ + 7𝑘 𝑎𝑛𝑑 𝑏⃗ = 5𝚤̂ − 𝚥̂ + 𝜆𝑘, then find the value of 𝜆 so that the vectors
𝑎⃗ + 𝑏⃗ 𝑎𝑛𝑑 𝑎⃗ − 𝑏⃗ are orthogonal.
𝑶𝑹

Page 3
 Find the direction ratio and direction cosines of a line parallel to the line whose equations
are
6𝑥 − 12 = 3𝑦 + 9 = 2𝑧 − 2
Q24. If 𝑦√1 − 𝑥 + 𝑥 1 − 𝑦 = 1 , 𝑡ℎ𝑒𝑛 𝑝𝑟𝑜𝑣𝑒 𝑡ℎ𝑎𝑡 = −

Q25. Find |𝑥⃗| if (𝑥⃗ − 𝑎⃗). (𝑥⃗ + 𝑎⃗) = 12, where 𝑎⃗ is a unit vector.

SECTION C
(This section comprises of short answer type questions (SA) of 3 marks each)

Q26. Find: ∫
√

Q27. Three friends go for coffee. They decide who will pay the bill, by each tossing a coin and
then letting the “odd person” pay. There is no odd person if all three tosses produce the
same result. If there is no odd person in the first round, they make a second round of
tosses and they continue to do so until there is an odd person. What is the probability
that exactly three rounds of tosses are made?
OR
Find the mean number of defective items in a sample of two items drawn one-by-one
without replacement from an urn containing 6 items, which include 2 defective items.
Assume that the items are identical in shape and size.
Q28. Evaluate: ∫
√

OR

Evaluate: ∫ |𝑥 − 1| 𝑑𝑥

Q29. Solve the differential equation: 𝑦𝑑𝑥 + (𝑥 − 𝑦 )𝑑𝑦 = 0

OR
Solve the differential equation: 𝑥𝑑𝑦 − 𝑦𝑑𝑥 = 𝑥 + 𝑦 𝑑𝑥

Q30. Solve the following Linear Programming Problem graphically:

Maximize Z = 400x + 300y subject to 𝑥 + 𝑦 ≤ 200, 𝑥 ≤ 40, 𝑥 ≥ 20, 𝑦 ≥ 0

Q31. Find ∫ ( )
𝑑𝑥
SECTION D
(This section comprises of long answer-type questions (LA) of 5 marks each)

Q32. Make a rough sketch of the region {(𝑥, 𝑦): 0 ≤ 𝑦 ≤ 𝑥 , 0 ≤ 𝑦 ≤ 𝑥, 0 ≤ 𝑥 ≤ 2} and find
the area of the region using integration.
Q33. Define the relation R in the set 𝑁 × 𝑁 as follows:
For (a, b), (c, d) ∈ 𝑁 × 𝑁, (a, b) R (c, d) iff ad = bc. Prove that R is an equivalence
relation in 𝑁 × 𝑁.
OR

Page 4
 Given a non-empty
empty set X, define the relation R in P(X) as follows:
For A, B ∈ 𝑃(𝑋), (𝐴, 𝐵) ∈ 𝑅 iff 𝐴 ⊂ 𝐵. Prove that R is reflexive, transitive and not
symmetric.

Q34. An insect is crawling along the line 𝑟̅ = 6𝚤̂ + 2𝚥̂ + 2𝑘 + 𝜆 𝚤̂ − 2𝚥̂ + 2𝑘 and another
insect is crawling along the line 𝑟̅ = −4𝚤̂ − 𝑘 + 𝜇 3𝚤̂ − 2𝚥̂ − 2𝑘 . At what points on the
lines should they reach so that the distance between them is the shortest? Find the shortest
possible distance between them.

OR
The equations of motion of a rocket are:
ar
𝑥 = 2𝑡, 𝑦 = −4𝑡, 𝑧 = 4𝑡, where the time t is given in seconds, and the coordinates of a
moving point in km. What is the path of the rocket? At what distances will the rocket be
from the starting point O(0,
(0, 0, 0) and from the following line in 10 seconds?
𝑟⃗ = 20𝚤̂ − 10𝚥̂ + 40𝑘 + 𝜇((10𝚤̂ − 20𝚥̂ + 10𝑘 )

2 −3 5
Q35. If A = 3 2 −4 , find 𝐴 . Use 𝐴 to solve the following system of equations
1 1 −2
2𝑥 − 3𝑦 + 5𝑧 = 11, 3𝑥 + 2
2𝑦 − 4𝑧 = −5, 𝑥 + 𝑦 − 2𝑧 = −3

SECTION E
(This
This section comprises of 3 case-study/passage-based questions of 4 marks each
with two sub-parts. First two case study questions have three sub-parts
sub parts (i), (ii), (iii)
of marks 1, 1, 2 respectively. The third case study question has two sub
sub-parts of 2
marks each.)

Q36. Case-Study 1: Read the following passage and answer the questions given below.

The temperature of a person during an intestinal illness is given by

𝑓(𝑥) = −0.1𝑥 + 𝑚𝑥 + 98 98.6,0 ≤ 𝑥 ≤ 12, m being a constant, where f(x) is the
temperature in °F at x days.
(i) Is the function differentiable in the interval (0, 12)? Justify your answer.
(ii) If 6 is the critical point of thee function, then find the value of the constant m.
 (iii) Find the intervals in which the function is strictly increasing/strictly decreasing.
OR
(iii) Find the points of local maximum/local minimum, if any, in the interval (0, 12) as
well as the points of absolute maximum/absolute minimum in the interval [0, 12].
Also, find the corresponding local maximum/local minimum and the absolute
maximum/absolute minimum values of the function.

Q37. Case-Study 2: Read the following passage and answer the questions given below.

In an elliptical sport field the authority wants to design a rectangular soccer field
with the maximum possible area. The sport field is given by the graph of
+ = 1.
(i) If the length and the breadth of the rectangular field be 2x and 2y respectively,
then find the area function in terms of x.
(ii) Find the critical point of the function.
(iii) Use First derivative Test to find the length 2x and width 2y of the soccer field (in
terms of a and b) that maximize its area.
OR
(iii) Use Second Derivative Test to find the length 2x and width 2y of the soccer field
(in terms of a and b) that maximize its area.

Page 6
Q38. Case-Study 3: Read the following passage and answer the questions given below.

There are two antiaircraft guns, named as A and B. The probabilities that the shell fired
from them hits an airplane are 0.3 and 0.2 respectively. Both of them fired one shell at an
airplane at the same time.
(i) What is the probability that the shell fired from exactly one of them hit the plane?
(ii) If it is known that the shell fired from exactly one of them hit the plane, then what is
the probability that it was fired from B?

Page 7
 SAMPLE QUESTION PAPER 2022-23
SUBJECT ACCOUNTANCY 055
CLASS XII
TIME 3 HOURS MAX. MARKS 80
GENERAL INSTRUCTIONS:
1. This question paper contains 34 questions. All questions are compulsory.
2. This question paper is divided into two parts, Part A and B.
3. Part - A is compulsory for all candidates.
4. Part - B has two options i.e. (i) Analysis of Financial Statements and (ii) Computerised
Accounting. Students must attempt only one of the given options.
5. Question 1 to 16 and 27 to 30 carries 1 mark each.
6. Questions 17 to 20, 31and 32 carries 3 marks each.
7. Questions from 21 ,22 and 33 carries 4 marks each
8. Questions from 23 to 26 and 34 carries 6 marks each
9. There is no overall choice. However, an internal choice has been provided in 7 questions of
one mark, 2 questions of three marks, 1 question of four marks and 2 questions of six
marks.
PART A
(Accounting for Partnership Firms and Companies)

S.No. Question Marks

Part A :- Accounting for Partnership Firms and Companies
1. Navya and Radhey were partners sharing profits and losses in the ratio of 3: 1. 1
Shreya was admitted for 1/5th share in the profits. Shreya was unable to bring
her share of goodwill premium in cash. The journal entry recorded for goodwill
premium is given below:
Date Particular LF Debit Credit
(₹) (₹)
Shreya’s Current A/c. Dr. 24,000
To Navya’s Capital A/c. 8,000
To Radhey’s Capital A/c 16,000
(Being entry for goodwill treatment passed)

The new profit-sharing ratio of Navya, Radhey and Shreya will be:
a) 41: 7: 12
b) 13:12: 10
c) 3:1: 1
d) 5:3: 2
2. Assertion (A):- Commission provided to partner is shown in Profit and Loss A/c. 1
Reason (R):- Commission provided to partner is charge against profits and is to
be provided at fixed rate.
a) (A) is correct but (R) is wrong
b) Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
c) Both (A) and (R) are incorrect.
d) Both (A) and (R) are correct, and (R) is the correct explanation of (A)

3. A share of ₹ 10 each, issued at ₹ 4 premium out of which ₹ 7 (including ₹ 1 1

premium) was called up and paid up. The uncalled Capital will be ___________.
a) ₹ 7 per share b) ₹ 4 per share
c) ₹ 8 per share d) ₹ 3 per share
OR
While issuing ___________ type of Debentures, company doesn’t give any
undertaking for the repayment of money borrowed by issuing such
debentures.
a) Zero Coupon Rate Debentures b) Non-Convertible Debentures
c) Secured Debentures d) Non-Redeemable Debentures

4. Samiksha, Arshiya and Divya were partners in a firm sharing profits and losses 1
in the ratio of 5: 3: 2. With effect from 1st April 2022, they agreed to share
future profits and losses in the ratio of 2: 5: 3. Their Balance Sheet showed a
debit balance of ₹ 50,000 in the Profit and Loss Account and a balance of ₹
40,000 in the Investment Fluctuation Fund. The market value of an investment
is ₹30,000 against the book value of ₹50,000. Partners have decided, not to
show revised valued in the balance sheet and to pass an adjusting entry for it.
Which of the following is the correct treatment of the above?
a) Samiksha’s Capital A/c. Dr. 9,000
To Arshiya’s Capital A/c. 6,000
To Divya’s Capital A/c 3,000
b) Arshiya’s Capital A/c. Dr. 5,000
To Samiksha’s Capital A/c. 2,000
To Divya’s Capital A/c. 3,000
c) Arshiya’s Capital A/c. Dr. 2,000
Divya’s Capital A/c. Dr. 1,000
To Samiksha’s Capital A/c 3,000
d) Arshiya’s Capital A/c. Dr. 6,000
Divya’s Capital A/c. Dr. 3,000
To Samiksha’s Capital A/c 9,000

Or

Sohan and Mohan are partners sharing profits and losses in the ratio of 2:3
with the capitals of ₹ 5,00,000 and ₹ 6,00,000 respectively. On 1st January
2022, Sohan and Mohan granted loans of ₹ 20,000 and ₹ 10,000 respectively to
 the firm. Determine the amount of loss to be borne by each partner for the
year ended 31st March 2022 if the loss before interest for the year amounted
to ₹ 2,500.
a) Share of Loss Sohan –₹ 1,250 Mohan – ₹ 1,250
b) Share of Loss Sohan –₹ 1,000 Mohan – ₹ 1,500
c) Share of Loss Sohan –₹ 820 Mohan – ₹ 1,230
d) Share of Loss Sohan –₹ 1,180 Mohan – ₹ 1,770

5. Vihaan and Mann are partners sharing profits and losses in the ratio of 3:2. The 1
firm maintains fluctuating capital accounts and the balance of the same as on
31st March 2022 is ₹ 4,00,000 and ₹ 4,65,000 for Vihaan and Mann
respectively. Drawings during the year were ₹ 65,000 each. As per the
partnership Deed, Interest on capital @ 10% p.a. on Opening Capital has been
allowed to them. Calculate the opening capital of Vihaan given that the
divisible profits during the year 2021-22 was ₹ 2,25,000.
a) ₹ 3,30,000
b) ₹ 4,40,000
c) ₹ 4,00,000
d) ₹ 3,00,000

6. Savitri Ltd. issued 50,000, 8% Debentures of ₹ 100 each at certain rate of 1

premium and to be redeemed at 10% premium. At the time of writing off Loss
on Issue of Debentures, Statement of Profit and Loss was debited with ₹
2,00,000. At what rate of premium, these debentures were issued?
a) 10% b) 16%
c) 6% d) 4%

Or

Durga Ltd. issued 80,000, 10% Debentures of ₹ 100 each at certain rate of
discount and were to be redeemed at 20% premium. Existing balance of
Securities Premium before issuing of these debentures was ₹ 25,00,000 and
after writing off Loss on Issue of Debentures, the balance in Securities Premium
was ₹ 5,00,000. At what rate of discount, these debentures were issued?
a) 10% b) 5%
c) 25% d) 15%

7. Attire Ltd, issued a prospectus inviting applications for 12,000 shares of ₹10 1
each payable ₹3 on application, ₹ 5 on allotment and balance on call. Public
had applied for certain number of shares and application money was received.
Which of the following application money, if received restricts the company to
proceed with the allotment of shares, as per SEBI guidelines?
a) ₹ 36,000 b) ₹ 45,000
c) ₹ 30,000 d) ₹ 32,400

8. Amay, Bina and Chander are partners in a firm with capital balances of ₹ 1
50,000, ₹ 70,000 and ₹ 80,000 respectively on 31st March, 2022. Amay decides
 to retire from the firm on 31st March, 2022. With the help of the information
provided, calculate the amount to be paid to Amay on his retirement.
There existed a general reserve of ₹ 7,500 in the balance sheet on that date.
The goodwill of the firm was valued at ₹ 30,000.
Gain on revaluation was ₹24,000.
a) ₹ 88,500 b) ₹ 90,500
c) ₹ 65,375 d) ₹ 70,500

Or

A, B and C are partners. A‘s capital is ₹ 3,00,000 and B‘s capital is ₹1,00,000. C
has not invested any amount as capital but he alone manages the whole
business. C wants 30,000 p.a. as salary, though the deed is silent. Firm earned a
profit of ₹1,50,000. How much will each partner receives as an appropriation of
profits?
a) A ₹ 60,000; B ₹ 60,000; C ₹ 30,000
b) A ₹ 90,000; B ₹ 30,000; C ₹ 30,000
c) A ₹ 40,000; B ₹ 40,000 and C ₹ 70,000
d) A ₹ 50,000; B ₹ 50,000 and C ₹ 50,000

Read the following hypothetical situation, Answer Question No. 9 and 10

Puneet and Raju are partners in a clay toys making firm. Their capitals were ₹
5,00,000 and ₹ 10,00,000 respectively. The firm allowed Puneet to get a
commission of 10% on the net profit before charging any commission and Raju
to get a commission of 10% on the net profit after charging all commission.
Following is the Profit and Loss Appropriation Account for the year ended 31st
March 2022.
Dr. Profit and Loss Appropriation Account for the year ended 31st March 2022 Cr .
Particulars Amount Particulars Amount (₹)
(₹)
To Puneet’s Capital A/c By Profit and Loss ……………
(Commission) 44,000 a/c
(------ x10/100)
To Raju’s Capital A/c -----------
(Commission)
To Profit share transferred
to :-
Puneet’s Capital A/c -----------
Raju’s Capital A/c ------------
========= ==========

9. Raju’s commission will be:- 1

a) ₹ 40,000 b) ₹ 44,000
 c) ₹ 36,000 d) ₹ 36,440
10. Puneet’s share of profit will be :- 1

a) ₹ 1,80,000 b) ₹ 1,44,000
c) ₹ 2,16,000 d) ₹ 1,60,000

11. Choose the correct sequence of the following transactions in context of 1

Division of Profits.
(i) Guarantee by Firm to Partners
(ii) Guarantee by Partners to Firm
(iii) Transfer of Profits to Profit and Loss Appropriation Account
(iv) Guarantee by Partner to Partner
a) (i); (iii) ; (iv) ; (ii) b) (iii); (i) ; (ii) ; (iv)
c) (iii) ; (ii) ; (i); (iv) d) (ii); (iii); (iv); (i)

12. If 10,000 shares of ₹10 each were forfeited for non-payment of final call money 1
of ₹ 3 per share and only 7,000 shares were re-issued @ ₹ 11 per share as fully
paid up, then what is the amount of maximum possible discount that company
can allow at the time of re-issue of the remaining 3,000 shares?
a) ₹ 28,000 b) ₹ 21,000
c) ₹ 9,000 d) ₹ 16,000

13. As per Companies Act 2013, Securities Premium Balance can be utilised for 1
which of the following purpose?
a) Issuing bonus to existing b) Providing for Premium payable
shareholders to convert partly on Redemption of Debentures.
paid up into fully paid-up
bonus shares.
c) Writing off all Capitalised d) Buy Back of Debentures
Expenditures

14. Ganga and Jamuna are partners sharing profits in the ratio of 2:1. They admit 1
Saraswati for 1/5th share in future profits. On the date of admission, Ganga’s
capital was ₹ 1,02,000 and Jamuna’s capital was ₹ 73,000. Saraswati brings ₹
25,000 as her share of goodwill and she agrees to contribute proportionate
capital of the new firm. How much capital will be brought by Saraswati?
a) ₹ 43,750
b) ₹ 37,500
c) ₹ 50,000
d) ₹ 40,000

15. Green and Orange are partners. Green draws a fixed amount at the beginning 1
of every month. Interest on drawings is charged @8% p.a. At the end of the
year interest on Green's drawings amounts to ₹ 2,600. Monthly drawings of
Green were:
a) ₹ 8,000
 b) ₹ 60,000
c) ₹ 7,000
d) ₹ 5,000

Or

Girdhar, a partner withdrew ₹ 5,000 in the beginning of each quarter and

interest on drawings was calculated as ₹ 1,500 at the end of accounting year 31
March 2022. What is the rate of interest on drawings charged?
a) 6% p.a.
b) 8% p.a.
c) 10% p.a.
d) 12% p.a.

16. At the time of dissolution of a firm, Creditors are ₹ 70,000; Firm’s Capital is ₹ 1
1,20,000; Cash Balance is ₹ 10,000. Other assets realised ₹ 1,50,000. Gain/Loss
in the realisation account will be:
a) ₹ 30,000 (Gain)
b) ₹ 40,000 (Gain)
c) ₹ 40,000 (Loss)
d) ₹ 30,000 (Loss)

17. Nirmala, Divisha and Sara were partners in a firm sharing profits and losses in 3
the 3:4:3. Books were closed on 31st March every year. Sara died on 1st
February, 2022. As per the partnership deed Sara's executors are entitled to
her share of profit till the date of death on the basis of Sales turnover. Sales for
the year ended 31st March 2021 was ₹ 10,00,000 and profit for the same year
was ₹ 1,20,000. Sales show a positive trend of 20% and percentage of profit
earning is reduced by 2%.
Journalise the transaction along with the working notes.

18. Amay, Anmol and Rohan entered into partnership on 1st July, 2021 to share 3
profits and losses in the ratio of 3:2:1. Amay guaranteed that Rohan’s share of
profit after charging interest on capital @ 6% p.a would not be less than ₹
36,000 p.a. Their fixed capital balances are: ₹ 2,00,000, ₹ 1,00,000 and ₹
1,00,000 respectively. Profit for the year ended 31st March, 2022 was
₹1,38,000.
Prepare Profit and Loss Appropriation A/c.

Or

Ajay, Manish and Sachin were partners sharing profits in the ratio 5:3:2. Their
Capitals were ₹ 6,00,000; ₹ 8,00,000 and ₹ 11,00,000 as on April 01, 2021. As
per Partnership deed, Interest on Capitals were to be provided @ 10% p.a. For
the year ended March 31, 2022, Profits of ₹ 2,00,000 were distributed without
providing for Interest on Capitals.
Pass an adjustment entry and show the workings clearly.
19. Anthony Ltd. issued 20,000, 9% Debentures of ₹ 100 each at 10% discount to 3
Mithoo Ltd. from whom Assets of ₹ 23,50,000 and Liabilities of ₹ 6,00,000 were
taken over. Pass entries in the books of Anthony Ltd. if these debentures were
to be redeemed at 5% premium.

Or

Random Ltd. took over running business of Mature Ltd. comprising of Assets of
₹ 45,00,000 and Liabilities of ₹ 6,40,000 for a purchase consideration of ₹
36,00,000. The amount was settled by bank draft of ₹ 1,50,000 and balance by
issuing 12% preference shares of ₹ 100 each at 15% premium. Pass entries in
the books of Random Ltd.

20. Doremon, Shinchan and Nobita are partners sharing profits and losses in the 3
ratio of 3:2:1. With effect from 1st April, 2022 they agree to share profits
equally. For this purpose, goodwill is to be valued at two year’s purchase of the
average profit of last four years which were as follows:
Year ending on 31st March,2019 ₹ 50,000 (Profit)
Year ending on 31st March,2020 ₹ 1,20,000 (Profit)
Year ending on 31st March,2021 ₹ 1,80,000 (Profit)
Year ending on 31st March,2022 ₹ 70,000 (Loss)

On 1st April, 2021 a Motor Bike costing ₹ 50,000 was purchased and debited to
travelling expenses account, on which depreciation is to be charged @ 20% p.a
by Straight Line Method. The firm also paid an annual insurance premium of ₹
20,000 which had already been charged to Profit and Loss Account for all the
years.
Journalise the transaction along with the working notes.

21. Altaur Ltd. was registered with an authorised Capital of ₹ 4,00,00,000 divided in 4
25,00,000 Equity Shares of ₹ 10 each and 1,50,000, 9% Preference Shares of ₹
100 each. The company issued 8,00,000 Equity Shares for public subscription at
20% premium, payable ₹ 3 on application; ₹ 7 on allotment (including
premium) and balance on call. Public had applied for 10,00,000 shares. Excess
Applications were sent letters of regret.

All the dues on allotment received except on 15,000 shares held by Sanju.
Another shareholder Rocky paid his call dues along with allotment on his
holding of 25,000 shares. You are required to prepare the Balance Sheet of the
company as per Schedule III of Companies Act, 2013, showing Share Capital
balance and also prepare Notes to Accounts.

22. Charu, Dhwani, Iknoor and Paavni were partners in a firm. They had entered 4
into partnership firm last year only, through a verbal agreement. They
contributed Capitals in the firm and to meet other financial requirements, few
partners also provided loan to the firm. Within a year, their conflicts arisen due
 to certain disagreements and they decided to dissolve the firm. The firm had
appointed Ms. Kavya, who is a financial advisor and legal consultant, to carry
on the dissolution process. In the first instance, Ms. Kavya had transferred
various assets and external liabilities to Realisation A/c. Due to her busy
schedule; Ms. Kavya has delegated this assignment to you, being an intern in
her firm. On the date of dissolution, you have observed the following
transactions:
(i) Dhwani’s Loan of ₹ 50,000 to the firm was settled by paying ₹ 42,000.
(ii)Paavni’s Loan of ₹ 40,000 was settled by giving an unrecorded asset of ₹
45,000.
(iii)Loan to Charu of ₹ 60,000 was settled by payment to Charu’s brother
loan of the same amount.
(iv)Iknoor’s Loan of ₹ 80,000 to the firm and she took over Machinery of ₹
60,000 as part payment.

You are required to pass necessary entries for all the above mentioned
transactions.

23. OTUA Ltd. was registered with an authorised capital of 2,00,000 equity shares 6
of ₹ 100 each. The company offered 60,000 shares for public subscription at
25% premium. The share was payable as ₹ 40 on application and balance on
allotment, with premium. Public had applied for 85,000 shares. Pro-rata
allotment was made in the ratio of 5:4 and remaining applications were sent
letters of regret.

Mr. Anand holding 4,000 shares failed to pay allotment money and his shares
were forfeited. Out of these 3,000 shares were re-issued at a discount of ₹ 20
per share. Pass necessary entries in the books of the OTUA Ltd.

Or

Pass entries for forfeiture and re-issue in both the following cases.
(a) Vikram Ltd. forfeited 5,000 shares of Rahul, who had applied for 6,000
shares for non-payment of allotment money of ₹ 5 per share and first
and final call of ₹ 2 per share. Only application money of ₹ 3 was paid by
him. Out of these 3,000 shares were re-issued @ ₹ 12 per share as fully
paid.

(b) Ratan Ltd. forfeited 3,000 shares of ₹ 10 each (issued at ₹ 2 premium)

for non-payment of first call of ₹ 2 per share. Final call of ₹ 3 per share
was not yet made. Out of these 2,000 shares were re-issued at ₹ 10 per
share as fully paid.

24. X and Y were partners in the profit-sharing ratio of 3: 2. Their balance sheet as 6
at March 31, 2022 was as follows:
 Balance Sheet as at March 31, 2022
Liabilities Amount (₹) Assets Amount (₹)
Creditors 56,000 Plant and Machinery 70,000
General Reserve 14,000 Buildings 98,000
Capital Accounts: Stock 21,000
X 1,19,000 Debtors 42,000
Y 1,12,000 2,31,000 (-)Provision 7,000 35,000
Cash in Hand 77,000
3,01,000 3,01,000
Z was admitted for 1/6th share on the following terms:
(i) Z will bring ₹ 56,000 as his share of capital, but was not able to bring any
amount to compensate the sacrificing partners.
(ii) Goodwill of the firm is valued at ₹. 84,000.
(iii)Plant and Machinery were found to be undervalued by ₹ 14,000 Building
was to brought up to ₹ 1,09,000.
(iv) All debtors are good.
(v) Capitals of X and Y will be adjusted on the basis of Z’s share and
adjustments will be done by opening necessary current accounts.
You are required to prepare revaluation account and partners’ capital account.

Or

P, Q and R were partners in a firm sharing profits in the ratio of 3:2:1

respectively. On March 31st, 2022, the balance sheet of the firm stood as
follows:
Balance Sheet
Liabilities Amount (₹) Assets Amount (₹)
Creditors 13,000 Cash 4,700
Bills Payable 590 Debtors 8,000
Capital Accounts: Stock 11,690
P 15,000 Buildings 23,000
Q 10,000 Profit and Loss Account 1,200
R 10,000 35,000
48,590 48,590

Q retired on the above-mentioned date on the following terms:

(i) Buildings to be appreciated by ₹7,000
(ii) A provision for doubtful debts to be made at 5 % on debtors.
(iii)Goodwill of the firm is valued at ₹ 18,000 and adjustment to be made by
raising and writing off the goodwill.
(iv) ₹ 2,800 was to be paid to Q immediately and the balance in his capital
account to be transferred to his loan account carrying interest as per the
agreement.
(v) Remaining partner decided to maintain equal capital balances, by
opening current account.
 Prepare the revaluation account and partner’s capital accounts.
25. A, B and C were partners sharing P&L in the ratio 5:3:2. A died on 30th June, 6
2019. Entry for treatment of goodwill after his death was passed as follows:-

Date Particulars L.F Debit Credit

(₹) (₹)
B’s Capital A/c Dr. 1,80,000
C’s Capital A/c Dr. 1,20,000
To A’s Capital A/c 3,00,000
(Entry for goodwill treatment passed at the
time of death of partner)

A’s profit till date of death was estimated as ₹ 1,20,000, based on the average
profits of past three years. Final dues payable to A’s executors on the date of
death was calculated as ₹ 8,40,000 out of which ₹ 2,40,000 was paid
immediately by giving him Furniture valued for the same and balance was to be
paid in three equal annual instalments starting from 30 June, 2020, together
with interest rate as specified in Section 37 of Indian Partnership Act, 1932..
Pass necessary entry for profit share to be credited to A’s Capital and also
prepare A’s executors account till final settlement.
26. Health2Wealth Ltd. had share capital of ₹ 80,00,000 divided in shares of ₹ 100 6
each and 20,000, 8% Debentures of ₹ 100 each as part of capital employed.
The company need additional funds of ₹ 55,00,000 for which they decided to
issue debentures in such a way that they got required funds after issuing
debentures of the same class as earlier, at 10% premium. These debentures
were to be redeemed at 20% premium after 4 years. These debentures were
issued on 01 October, 2021.
You are required to

(a) Pass entries for issue of Debentures.

(b) Prepare Loss on Issue of Debentures Account assuming there was
existing balance of Securities Premium Account of ₹ 2,80,000.
(c) Pass entries for Interest on debentures on March 31, 2022 assuming
interest is payable on 30 September and 31 March every year.

Part B :- Analysis of Financial Statements

(Option – I)

27. Financial statements are prepared on certain basic assumptions (pre-requisites) 1

known as___________.
a) Provision of Companies Act,2013 b) Accounting Standards
c) Postulates d) Basis of Accounting

Or

Which one of the following is correct?

 (i) Quick Ratio can be more than Current Ratio.
(ii) High Inventory Turnover ratio is good for the organisation, except when
goods are bought in small lots or sold quickly at low margins to realise
cash.
(iii) Sum of Operating Ratio and Operating Profit ratio is always 100%.
a) All are correct. b) Only (i) and (iii) are correct.

c) Only (ii) and (iii) are d) Only (i) and (ii) are correct
correct.
28. From the following calculate Interest coverage ratio 1
Net profit after tax Rs 12,00,000; 10% debentures Rs 1,00,00,000; Tax Rate 40%

a) 1.2 times b) 3 times

c) 2 times d) 5 times

29. Insurance Claim received by Albert Co. Ltd. of ₹ 5,00,000 for Loss of Machinery 1
due to theft will be recorded in Cash Flow Statement in which of the following
manner?
a) Added under Operating b) Subtracted under Operating
Activities as Extraordinary Activities as Extraordinary Item
Item and Subtracted from and Added to Operating
Operating Activities also. Activities also.
c) Added under Operating d) Subtracted under Operating
Activities as Extraordinary Activities as Extraordinary Item
Item and Outflow under and Inflow under Investing
Investing Activity also. Activities also.

Or

A company issued 20,000; 9% Debentures of ₹ 100 each at 10% Discount. These

debentures were to be redeemed at 15% Premium at the end of 5 years. The
balance in Securities Premium Account as on the date of Issue was ₹ 3,70,000.
How this transaction will be reflected in Cash Flow Statement?

a) Added ₹ 1,30,000 under b) Added ₹ 5,00,000 under

Operating Activities as Loss on Operating Activities as Loss on
Issue of Debentures written Issue of Debentures written
off and Inflow of ₹ 20,00,000 off and Inflow of ₹ 18,00,000
under Financing Activities. under Financing Activities.
c) Added ₹ 1,30,000 under d) Added ₹ 5,00,000 under
Operating Activities as Loss on Operating Activities as Loss on
Issue of Debentures written Issue of Debentures written
off and Inflow of ₹ 18,00,000 off and Inflow of ₹ 20,00,000
under Financing Activities. under Financing Activities.

30. From the following information find out the inflow of Cash by sale of Office 1
 equipment’s
31st March, 2022 31st March, 2021
Office Equipment ₹ 2,00,000 ₹ 3,00,000

Additional Information:
Depreciation for the year 2021-22 was Rs. 40,000
Purchase of Office Equipment purchased during the year Rs. 30,000
Part of Office Equipment sold at a profit of Rs. 12,000
a) ₹ 1,00,000 b) ₹ 1,02,000
c) ₹ 90,000 d) ₹ 1,12,000

31. Classify the following items under Major heads and Sub-head (if any) in the 3
Balance Sheet of a Company as per schedule III of the Companies Act 2013.
(i) Current maturities of long term debts
(ii) Furniture and Fixtures
(iii) Provision for Warranties
(iv) Income received in advance
(v) Capital Advances
(vi) Advances recoverable in cash within the operation cycle

32. Lala Ltd. and Bala Ltd. use different accounting policies for inventory valuation. 3
These variations leave a big question mark on the cross-sectional analysis and
comparison of these two firms was not possible.

Identify the limitation of Ratio Analysis highlighted in the above situation. Also
explain any two other limitations of Ratio Analysis apart from the identified
above.

33. Determine Return on Investment and Net Assets Turnover ratio from the 4
following information:-

Profits after Tax were ₹ 6,00,000; Tax rate was 40%; 15% Debentures were of
₹20,00,000; 10% Bank Loan was ₹ 20,00,000; 12% Preference Share Capital ₹
30,00,000; Equity Share Capital ₹ 40,00,000 ; Reserves and Surplus were ₹
10,00,000; Sales ₹ 3,75,00,000 and Sales Return ₹ 15,00,000.

Or

Debt to Capital Employed ratio is 0.3:1. State whether the following

transactions, will improve, decline or will have no change on the Debt to
Capital Employed Ratio. Also give reasons for the same.
(i) Sale of Equipments costing ₹ 10,00,000 for ₹ 9,00,000.
(ii) Purchased Goods on Credit for ₹ 1,00,000 for a credit of 15 months,
assuming operating cycle is of 18 months.
(iii) Conversion of Debentures into Equity Shares of ₹ 2,00,000.
 (iv) Tax Refund of ₹ 50,000 during the year.

34. Read the following hypothetical text and answer the given questions on the basis of the 6
same:
Aashna, an alumnus of CBSE School, initiated her start up Smartpay, in 2015.
Smartpay is a service platform that processes payments via UPI and POS, and
provides credit or loans to their clients.. During the year 2021-22, Smartpay issued
bonus shares in the ratio of 5:1 by capitalising reserves. The profits of Smartpay in the
year 2021-22 after all appropriations was ₹ 7,50,000. This profit was arrived after
taking into consideration the following items: -

Particulars Amount (₹)

Interim Dividend paid during the year 90,000
Depreciation on Machinery 40,000
Loss of Machinery due to fire 20,000
Insurance claim received for Loss of Machinery 10,000
due to Fire
Interest on Non-Current Investments received 30,000
Tax Refund 20,000

Additional Information:
Particulars 31.3.22 (₹) 31.3. 21(₹)
Equity Share Capital 12,00,000 10,00,000
Securities Premium Account 3,00,000 5,00,000
General Reserve 1,50,000 1,50,000
Investment in Marketable Securities 1,50,000 1,00,000
Cash in hand 2,00,000 3,00,000
Machinery 3,00,000 2,00,000
10% Non-Current Investments 4,00,000 3,00,000
Bank Overdraft 2,50,000 2,00,000
Goodwill 30,000 80,000
Provision for Tax 80,000 60,000

(i) Goodwill purchased during the year was ₹ 20,000.

(ii) Proposed Dividend for the year ended March 31, 2021 was ₹ 1,60,000 and for
the year ended March 31,2022 was ₹ 2,00,000.

You are required to:

1. Calculate Net Profit before tax and extraordinary items.
2. Calculate Operating profit before working capital changes.
3. Calculate Cash flow from Investing activities.
4. Calculate Cash flow from Financing activities.
5. Calculate closing cash and cash equivalents.
 Part B :- Computerised Accounting
(Option – II)

27. The syntax of PMT Function is ___________ 1

(a) PMT (rate, pv, nper, [fv], [type])
(b) PMT (rate, nper, pv, [fv], [type])
(c) PMT (rate, pv, nper, [type], [fv])
(d) PMT (rate, nper, pv, [type], [fv])

Or

In Excel, the chart tools provide three different options _________, _________ and
__________ for formatting.

(a) Layout, Format, DataMaker

(b) Design, Layout, Format
(c) Format, Layout, Label
(d) Design, DataMaker, Layout

28. Which formulae would result in TRUE if C4 is less than 10 and D4 is less than 100? 1
(a) =AND(C4>10, D4>10)
(b) =AND(C4>10, C4<100).
(c) =AND(C4>10, D4<10).
(d) =AND (C4<10, D4,100)

29. Which function results can be displayed in Auto Calculate? 1

(a) SUM and AVERAGE
(b) MAX and LOOK
(c) LABEL and AVERAGE
(d) MIN and BLANK
Or

When navigating in a workbook, which command is used to move to the beginning of

the current row?
(a) [Ctrl]+[Home]
(b) [Page Up]
(c) [Home]
(d) [Ctrl]+[Backspace]

30. What category of functions is used in this formula: =PMT (C10/12, C8, C9,1) 1
(a) Logical
(b) Financial
 (c) Payment
(d) Statistical

31. State any three types of Accounting Vouchers used for entry in Tally software. 3

32. State any three requirements which should be considered before making an investing 3
decision to choose between ‘Desktop database’ or ‘Server database’.

33. State the features of Computerized Accounting system. 4

Or

Explain the use of ‘Conditional Formatting’.

34. Describe two basic methods of charging depreciation. Differentiate between both of 6
them.
 Greenply Industries Limited
Registered Office: Makum Road, Tinsukia, Assam - 786 125
Corporate Office: 'Madgul Lounge', 6th Floor, 23 Chetla Central Road, Kolkata - 700 027
Corporate Identity Number: L20211AS1990PLC003484
Phone: +91333051 5000 Fax: +91333051 5010
Website: www.greenply.com E-mail: investors@greenply.com
(? in Lakhs)
Statement of Assets and Liabilities Consolidated
Sr. Particulars 31.03.2022 31.03 .2021
(Audited) (Audited)
A. ASSETS
1. Non-current assets
(a) Property, plant and equipment 30,855.64 27,923.48
(b) Capital work-in-progress 10,962.98 624.35
(c) Right of use assets 3,343.82 2,771.91
( d) Intangible assets 1,051.44 149.86
( e) Investments accounted for using the equity method 2,198.28 1,938.01
(f) Financial assets
(i) Investments 381.84 313.92
(ii) Loans 44.57 5120
(iii) Other financial assets 766.19 368.02
(g) Non-current tax assets (net) 1,257.44 1, 167.90
(h) Deferred tax assets (net) 726.71 638.72
(i) Other non-current assets 9,372.12 1,374.90
Total non-current assets 60,961.03 37,322.27

2. Current assets
(a) Inventories 22,563.31 17,919.80
(b) Financial assets
(i) Trade receivables 18,643.46 19,390.00
(ii) Cash and cash equivalents 6,295.93 1,813 .30
(iii) Bank balances other than cash and cash equivalents 961.96 10,984.89
(iv) Loans 74.12 39.97
(v) Other financial assets 916.37 1,464.06
(c) Other current assets 5,462.95 2,578.74
Total current assets 54,918.10 54, 190.76

TOTAL ASSETS 1,15,879.13 91 ,513 .03

B. EQUITY AND LIABILITIES

1. Equity
(a) Equity share capital 1,226.27 1,226.27
(b) Other equity 52,590.23 42,444.83
Total equity 53,816.50 43,671.l0

2. Non-current liabilities
(a) Financial liabilities
i) Borrowings 14,308.16 7,208.43
ii) Lease liabilities 1,305.29 858.28
iii) Other financial liabilities 9.00 1.00
(b) Provisions 563.88 545.67
Total non-current liabilities 16,186.33 8,613.38

3. Current Liabilities
(a) Financial liabilities
(i) Borrowings 14,878.33 11 ,963 .08
(ii) Lease liabilities 456.22 263 . 19
(iii) Trade payables
Total outstanding dues of micro enterprises and small enterprises 158.76 49.89
Total outstanding dues of creditors other than micro enterprises and small enterprises 21,479.08 20,380.61
(iv) Derivatives 13.64 32.05
(v) Other financial liabilities 4,359.84 2,497.49
(b) Other current Iiabil ities 2,842.76 2,463 .24
(c) Provisions 1,687.67 1,579.00
Total current liabilities 45,876.30 39,228.55
Total liabilities 62,062.63 47,841.93
TOTAL EQUITY AND LIABILITIES 1,15,879.13 91 ,513.03
 Greenply Industries Limited
Registered Office: Makum Road, Tinsukia, Assam - 786 125
Corpora te Office: 'Madgul Lounge', 6th Floor, 23 Chetla Central Road, Kolkata - 700 027
Corporate Identity Numbe r: L20211AS1990PLC003484
Phone: +91333051 5000 Fax: +91333051 5010
Website: www.greenply.com E-mai l: investors@greenply.co m
(? in Lakhs)
Statement of Consolidated Cash flows Year ended
Particulars 31.03.2022 31.03 .2021
(Audited) (Audited)
A. Cash flows from operating activities
Profit before Tax 12,498.89 8, 138 .35
Adj ustments for:
Depreciation and amortisation expense 2,584.60 2,307.89
Finance costs 1,193.15 1,664.97
(Gain) on fair valuation of investments (51.91) (19.68)
Loss allowance on trade receivables (net) 235.16 (127.31)
(Gain)/Loss on sale/discard of property, plant and equipment and intangible assets (43.19) 76.99
Liability no longer required written back (118.87) (28.49)
Commission on guarantee given to joint venture (22.28) (22. 16)
Interest income (506.79) (321.42)
Unrealised foreign exchange fluctuations (net) 105.58 (66.28)
Share of(profit)/loss from a joint venture (260.27) 236.53
Share based payment expense 1,205.41 46 .74
Cash generated from operation before working capital changes 4,320.59 3,747.78
Operating cash flows before working capita l changes 16,819.48 11 ,886.13
Working capital adjustments:
Decrease in trade receivables 510.68 16,387.36
Decrease/(Increase) in other non- c urrent financia l assets 150.50 (306.58)
(lncrease)/Decrease in other non current assets and loans (329.28) 103.64
Decrease/(lncrease) in other current financial assets 547.89 (3 1.12)
(Increase) in other current assets and loans (2,915.70) (423.47)
(Increase) in inventories (4,643.51) (209.72)
Increase/(Decrease) in trade payables 1,346.63 (2,689.63)
Increase in other non current financial liabilities 8.00 -
Increase in other current financial liabilities 333.67 455.60
Increase in other current liabilities 379.52 671.48
Increase/(Decrease) in provisions 166.98 (I ,557.26)
(4,444.62) 12,400.30
Cash generated from operations 12,374.86 24,286.43
Income tax paid (net) (3,213.94) (1,507.52)
Net cash generated from operating activities 9,160.92 22,778.91

B. Cash flows from investing activities

Acquisition of property, plant and equipment (22,243.60) (2,262.73)
Acquisition of intangible assets (955.63) (0.80)
Proceeds from sale of property, plant and equipment and cap ital work in progress 269.96 495.43
Acquisition of investments (16.00) (85.00)
Proceeds/(investrnent) in fixed deposits with banks (having maturity of more than 3 months) 9,512.44 (10,954.24)
Commission received on guarantee given to joint venture 22.08 22.41
Interest received 466.12 317.72
Net cash used in investing activities (12,944.63) (12,467.2 1)

C. Cash flows from financing activities

Receipt of Share application money pending allotment 104.09 -
Proceeds fro m non-current borrowings 10,098.47 5,098.58
Proceeds/(repayment) from current borrowings 2,382.07 (8,945 .76)
(Repayment) of non current borrowings (2,759.25) (3 ,272.97)
Interest paid (1,126.21) (1 ,441.55)
Repayment towards lease liabi lities including interest (165.76) (163 .96)
Dividend paid (490.51) (490.51)
Net cash e:enerated/(used) in financine: activities 8,042.90 (9,216.17)
Net increase in cash and cash eauivalents (A+B+C) 4,259.19 1,095.53
Cash and cash equivalents at beginning of the year (refer note below) (391.22) (1 ,569.04)
Effect of exchange rate fluctuations on cash held (66.54) 82.29
Cash and cash eauivalents as at end of the yea r (refer note below) 3,801.43 (391.22)
Note: Cash and cash equivalents considered as -
Cash and cash equivalents in consolidated balance sheet 6,295.93 1,813 .30
Bank overdrafts (2,494.50) (2,204.52)
Cash and cash equivalents in the consolidated statement of cash flows 3,801.43 (39 1.22)
Corporate Overview Statutory Reports Financial Statements

CONSOLIDATED STATEMENT OF PROFIT AND LOSS

for the year ended March 31, 2022
(All Amount in ` Lakhs, unless otherwise stated)
Note Year ended Year ended
March 31, 2022 March 31, 2021
I. Revenue from operations 27 1,56,280.38 1,16,534.44
II. Other income 28 990.20 676.92
III. Total income (I+II) 1,57,270.58 1,17,211.36
IV. Expenses
Cost of materials consumed 29 56,001.96 42,891.74
Purchase of stock in trade 30 39,635.49 26,041.44
Changes in inventories of finished goods, work-in-progress and stock in trade 31 (2,106.75) (524.55)
Employees benefits expense 32 19,329.75 14,946.44
Finance costs 33 1,193.15 1,664.97
Depreciation and amortisation expense 34 2,584.60 2,307.89
Other expenses 35 28,393.76 21,508.55
Total expenses (IV) 1,45,031.96 1,08,836.48
V. Share of profit/(loss) of a joint venture 260.27 (236.53)
VI. Profit before exceptional items and tax (III-IV+V) 12,498.89 8,138.35
VII. Exceptional items - -
VIII. Profit before tax (VI-VII) 12,498.89 8,138.35
Tax expense 36
Current tax [including taxes pertaining to earlier years ` 15.35 lakhs (3,124.40) (1,647.39)
(Previous Year: ` 41.46 lakhs)]
Deferred tax (charge)/credit 98.08 (399.74)
IX. Tax expense (3,026.32) (2,047.13)
X. Profit for the year (VIII+IX) 9,472.57 6,091.22
XI. Other comprehensive income
Items that will not be reclassified subsequently to profit or loss:
Remeasurements of defined benefit (asset) 40.10 39.03
Income tax relating to items that will not be reclassified to profit or loss (10.09) (9.82)
Other comprehensive income not to be reclassified subsequently to profit or loss 30.01 29.21
(net of tax)
Items that will be reclassified subsequently to profit or loss:
Exchange differences in translating financial statements of foreign operations - -
reclassified to profit or loss
Exchange differences in translating financial statements of foreign operations (176.17) 203.10
Net other comprehensive income to be reclassified subsequently to profit or loss (176.17) 203.10
Other comprehensive income for the year (net of tax) (146.16) 232.31
XII. Total comprehensive income for the year attributable to owners of the company 9,326.41 6,323.53
(X+XI)
XIII. Earnings per equity share 38
[Face value of equity share ` 1 each (previous year ` 1 each)]
- Basic (`) 7.72 4.97
- Diluted (`) 7.72 4.97
Significant accounting policies 3
The accompanying notes form an integral part of the consolidated financial statements

As per our report of even date attached

For B S R & Co. LLP For and on behalf of Board of Directors of
Chartered Accountants Greenply Industries Limited
Firm Registration No. 101248W/W-100022 CIN: L20211AS1990PLC003484
Jayanta Mukhopadhyay Rajesh Mittal Manoj Tulsian
Partner Chairman cum Managing Director Joint Managing Director & CEO
Membership No. 055757 DIN No. 00240900 DIN No. 05117060
Nitin Kalani Kaushal Kumar Agarwal
Chief Financial Officer Company Secretary & Sr. VP-Legal
Place : Kolkata Place : Kolkata
Dated : 16th May 2022 Dated : 16th May 2022

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