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ICO Important Questions Class 12

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Last updated date: 17th Apr 2024
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ICO Class 12 Important Question Paper with Solutions

The Science Olympiad Foundation (SOF) is a non-profit educational organisation known for hosting academic competitions and encouraging students to acquire a competitive spirit. SOF was founded with the goal of boosting Science, Math, Computer Science, English, General Knowledge, and professional courses. SOF National Cyber Olympiad, SOF National Science Olympiad, SOF International Mathematics Olympiad, SOF International English Olympiad, SOF International Commerce Olympiad, and SOF International General Knowledge Olympiad are among the olympiads held by the foundation.

Students in grades 11 and 12 are eligible to participate in SOF ICO 2023-24. The International Commerce Olympiad is organised by the Science Olympiad Foundation (SOF) (ICO). Students in grades 11 and 12 from any discipline may apply for the SOF ICO 2023 exam. Candidates who are interested in taking the SOF ICO exam must first register. Continue reading to learn everything there is to know about SOF ICO 2023-24.

ICO Important Questions Class 12 - Free PDF Download

Syllabus for ICO Maths Olympiad Class 12

The syllabus for the SOF International Commerce Olympiad (ICO) is available on this page for candidates. The ICO exam will be performed in a single stage by the examination body. On December 13, 2023, and January 18, 2023, the exam will be held. With the help of the SOF ICO Syllabus, candidates may prepare and devise exam preparation plans. Continue reading to learn more about the SOF ICO syllabus, practise tests, and preparation advice.

  • Introduction to Macroeconomics and Indian Economic Development (Section 1)

Section 2 – Management's Nature and Importance, Management Principles, Business Environment, Planning, Organizing, Staffing, Directing, and Controlling, Financial Management, Financial Markets, Marketing Management, and Consumer Protection.

  • Financial Statements of Not-for-Profit Organizations, Accounting for Partnership Firms, Accounting for Companies, Financial Statement Analysis, Cash Flow Statement, and Computerized Accounting are all covered in Section 3.

  • Section 4 – Higher Order Thinking Questions — Syllabus follows Sections 1, 2, and 3.

Section

No. of Questions

Marks/question

Total Marks

Economics

15

1

15

Business Studies

15

1

15

Accountancy

15

1

15

Achievers Section

5

3

15

Grand Total

50


60


Vedantu gives ICO Syllabus study material so that students have a thorough understanding of what they need to know in order to prepare for the exam according to the ICO Olympiad Syllabus. The International Commerce Olympiad Syllabus has been modified to help students achieve high scores in this competitive commerce test for students in grades 11 and 12. You will have complete access to the Commerce Olympiad Syllabus here at Vedantu, allowing you to stay up to speed on the areas that must be covered. Here you may get the ICO test Syllabus PDF for free and study for the upcoming exam.

Tips to Score High Marks in Class 12 ICO Maths Olympiad 

Since its inception, the ICO exams have been a fantastic means to assess a student's knowledge of many disciplines. Although an ICO Olympiad Test covers nearly the same material as a school-based exam, the format and method of the Olympiads are significantly different, making them more rigorous and better assessors of a student's progress.

ICOs are used to encourage students to study harder in preparation for upcoming competitive tests and to help them acquire conceptual content. Here are a few pointers to help you evaluate your progress and better prepare for your Olympiads:

  • Make a List

Students frequently rely solely on the study materials provided for their Olympiads. They look through them exhaustively, believing that this is sufficient; nevertheless, it is not. Making notes as you study aids in your understanding of the material. It's always a good idea to jot down the points that appear important. When you're revising for your Olympiads, these quick notes come in handy because you don't have to read everything twice.

  • Understand the Syllabus

The first item on your to-do list should be to familiarise yourself with the syllabus for your Olympiad. A good understanding of the syllabus allows you to effortlessly move through the topics, making the task of covering them more manageable. You can see what themes your school syllabus and your Olympiad syllabus have in common, which will help you figure out which things you should focus on more in order to be well prepared for your Olympiad tests.

  • Begin Early

When it comes to studying for an exam, especially an Olympiad, early is never enough. The more prepared you are, the better. Putting off studies for a later date is not a good idea. Procrastination has its own set of consequences. Olympiads assess your conceptual understanding, which is entirely reliant on your knowledge of the fundamentals. Covering the fundamentals and then delving deeper into the subject are not something that can be crammed into last-minute preparations. If you have to start small, do so, but always begin early when preparing for your Olympiads.

  • Perfection Comes with Practice.

It is much easier to prepare for Olympiads now that there is an abundance of preparatory books available on the market and the internet. A student must obtain as many sample question papers, Olympiad : ICO Important Questions and previous years' Olympiad question papers as possible in order to acquaint oneself with not only the pattern of the test, but also to practise. Practicing guarantees that your problem-solving speed improves, which can be a significant benefit on Olympiad day. Practicing also boosts confidence, and the more problems you solve, the more you understand the idea.

  • Self-Assessment

When it comes to preparing for an Olympiad, simply studying and practising is never enough. One must examine oneself to establish one's own strengths and shortcomings in order to determine where more effort is required and where it is not. Timing yourself while solving sample papers and evaluating yourself objectively helps you examine your performance and mentally prepare for the Olympiad.

Conclusion

Students and parents frequently believe that all a student needs to do to do well in an exam is study and prepare extensively. This isn't entirely accurate. Of course, how well you prepare for the exam has an impact on your results, but it isn't the only issue. Our food also has a significant impact. It's common for kids to feel dizzy or nauseated during tests, and they blame it entirely on their nerves. A student's performance might be negatively impacted by a lack of an appropriate and balanced diet, which can cause them to become very agitated, irritated, weak, or inattentive.

With the increased competition at the post-secondary level, it is more important than ever for students to be emotionally and mentally prepared to face the difficulties that await them. Olympiads are extremely beneficial in this regard. These Olympiads, which are held for children in grades 1 through 12, assess a student's aptitude as well as their understanding of a particular subject. And, to be honest, there are no disadvantages to taking an Olympiad exam. Olympiads are nothing more than stepping stones to success and another hurdle in a student's career.

FAQs on ICO Important Questions Class 12

1. What is the procedure for gaining access to the platform?

Ans: The worksheets are only available online. You'll need a computer and an Internet connection for this. The tests are not available in physical copy. Before you may use the site, you must first create a profile with your email address and phone number. Please enter a real email address, as this is where we will send all results, contests, specials, discount information, and promotions, among other things. You may also register directly through Google Plus or Facebook. You will be able to check in straight through Google Plus and Facebook connections from now on.

2. Why is it vital to take part in Olympiad Exams in order to improve school performance?

Ans: Olympiads are able to attract the interest and curiosity of students because they are unlike school assessments. The pupils see the different levels of difficulty as challenges, and they feel compelled to perform to the best of their abilities. They begin to put forth more effort in order to compete more effectively and enhance their performance. Olympiads develop students' skills, despite the fact that school curriculums focus on the syllabus and are not demanding enough in their approach. A student's ability to absorb information taught in school improves as he or she becomes more rational and uses reasoning. This certainly has a significant impact on their grades and performance.

3. Why is it vital for students to take part in Olympiad Exams in order to prepare for future competitive exams?

Ans: Olympiads are notable for giving questions that assess a student's conceptual knowledge of a subject. Apart from the fundamental principles, it forces children to apply their logical reasoning skills, which are not tested in school. It puts a student's problem-solving skills to the test and forces them to think critically. Olympiads put a lot of pressure on the pupils, therefore the outcomes are more precise. Olympiads are fairly similar in difficulty to the many competitive tests that students take following their 12th grade. When a student is aware of the types of questions that Olympiads present, he or she does not lose confidence when taking subsequent competitive tests.

4. What was it like to get to a Math Olympiad?

Ans: Math is one of the most difficult topics in school. As a 9th grader, remembering the theoretical reasons for a few math concepts and solving their logical issues is quite difficult. Olympiad Exams are introduced in the school by one of the Olympiad coordinators, and teachers are encouraged to participate. You may experience severe anxiety about how you will perform on the exam at first. However, referring to Olympiad books and Olympiad Old Sample Papers makes the study process easier. It does not give you the impression that you are receiving additional Olympiad sessions or that you are being tutored to study.


You make your own schedule for the subjects in which you are weak. You continue to brush up on your previous knowledge while learning new topics. This extensive exercise will greatly aid you in increasing your Math results. You will improve not only in the Olympiad but also in your academics.

5. What are the advantages of participating in the Math Olympiad?

Ans: No one is born a genius, but a genius emerges when the IQ, logical, and analytical thinking levels all rise sharply. And this is something that students may achieve in real life when they begin to prepare for and compete in Math Olympiads. The advantages of Math Olympiad are numerous, including the transformation of tedious classes into engaging ones, and the simplification and enjoyment of formulae. Finally, because they have become sharp-minded and clever problem-solvers, pupils are immediately equipped for JEE and other competitive tests.