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BIEAP Class 12 Commerce Question Paper 2019

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Last updated date: 17th Apr 2024
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Class 12 Commerce BIEAP Question Paper 2019 - Free PDF Download

The exchange of goods and services especially on a large scale is known as Commerce. Legal, economic, political, social, cultural and technological systems that operate in a country or international trade are included in it.

In the sense of economics, "commerce" refers to the conduct of trade among economic agents. Generally, commerce affects the welfare and well-being of citizens as it directly impacts people’s money as well as job opportunities. Buying and selling of commodities globally or across borders between governments and business firms may also refer to the term "commerce".

Many ancient philosophers and scholars have known to mix up the terms "trade" and "commerce". However, these two are essentially distinct in meaning:

  • Selling and buying of commodities for money or anything which holds value are called Trade. 

  • Whereas, commerce covers a much broader field and includes trade, along with the services which facilitate the selling and buying of goods. Insurance, Transporting, warehousing and advertising may include in these services.


History

From time immemortal the usage of marketing is done in India and in the world which has now developed or attained heights. We can learn a lot from this field and give a lot of knowledge about this field to our successors as well.

Apart from traditional self-sufficiency, trading became a principal facility for prehistoric people. The trading for goods and services from each other by bartering for what they had was the prevalent practice back then. In ancient times, the barter system was very popular where instead of paying with monetary systems, one could get goods and services by offering the other person some other good and service according to their need. Two Historians Ramesh Manickam and Peter Watson provided information on the history of long-distance commerce that dated from circa 150,000 years ago. In Roman commerce, the routes across the Mediterranean and to India are included. 

The introduction of currency as standardized money in historic times facilitated the wider exchange of services and goods. Collections of tokens which Numismatists have included coins from some Ancient-World large-scale societies. Although unmarked lumps of precious metal were involved in initial usage. This means that even if there were no notes or coins, people used precious metals like Gold, Silver etc. They attached a value to it and then used them for exchange in return for commodities.


Commerce

One of the most flourishing fields in today's world is commerce. The knowledge of the business can bring you to the extreme heights. Students who are preparing for their boards wish to get good marks which can be achieved by delegency and smart work. The smart work includes the revision of previous year papers. It provides a good amount of experience of how paper is made and what all questions patterns are asked.

Question papers of previous years are to assess a student's brilliancy and capabilities. Students who generally prepare for competition exams are looking for past papers. To have an idea about the main exam, these question papers will help you. These past papers are generally found by students on private websites.

India  as a country is developing rapidly. 

Business and entrepreneurs are getting a sky high to fly these days. Commerce is a field which makes one to stand up their own startup’s and provide them with genuine knowledge in these fields where one can discover themselves in this field. 

Commerce has subjects like economics, accountancy and business studies etc. the basic of achieving these heights is when one starts to study thoroughly and is serious about his or her ambitions which many coaching and institutions are providing help by giving them previous years papers. 

Not only BIEAP but countries many states provide students with the previous years paper for the exam point of view. If we kenly observe the pattern of studying then we can easily observe the role or can say the importance of previous years paper. It gives an opportunity to the students to realise their own preparation. One of the very important ways is here to discuss previous years papers which gives us clear ideas of the chapter wise weightage so that it becomes easier for the students to revise as well.


Vedantu Institute

Vedantu provides tuitions over the internet to students using a real-time virtual learning environment named WAVE (Whiteboard Audio Video Environment) which is an in-house technology. For teachers, it is said to operate on a marketplace model, where students can discover, browse and choose to learn from an online tutor of their choice.

Vedantu primarily provides services to students of grade 4th to 12th for Central Board of Secondary Education (CBSE) and Indian Certificate of Secondary Education (ICSE). The primary business of the company is live online tutoring in STEM, Hindi, English, Sanskrit, German, French, Environmental Science and Social Science currently. It also provides test preparation courses for Indian Institute of Technology, Joint Entrance Examination (JEE) Foundation, National Talent Search Examination (NTSE) and Problem Solving Assessment (PSA).

FAQs on BIEAP Class 12 Commerce Question Paper 2019

1. Define Business Studies.

One of the most important subjects in international studies in business studies. As it is a broad subject in social science, the business studies open up the opportunities to focus on specialities such as accountancy, organisation of finance, marketing and human resource organisation.

2. Mention the Types of Business Studies.

The common courses which are opted under business studies are business analytics, business administration, business computing, business ethics, business statistics, commercial law, economics principle, developing markets, finance, human resource, management, marketing, international studies, operations management and science and technology.

3. Why Does One Need to Know Business Studies?

How to research information is learned by business measures using quantitative skills. Then, the idea is developed based on the information to solve problems. Business involves people as employees and customers, so interpersonal skills and communication are vital.

4. Who is Known as the Father of Business Studies?

The father of business studies is sir Adam Smith. He has contributed a lot of theories in the field of business and economics.