Gauhati Commerce College B.Com 1st Sem Sessional Question Papers 2025 [GCC BCom 1st Sem All Major Subjects Gauhati University]

In this post, we have provided the sessional examination question papers for all subjects of the FYUGP B.Com 1st Semester at Gauhati Commerce College (GCC) for the year 2025. These papers are intended to assist students in their preparation for the exams under the Gauhati University BCom 1st Semester Curriculum. This Gauhati Commerce College FYUGP BCom 1st Semester Sessional Question Paper 2025 Cover All Major Subjects like Accountancy Major, Finance Major, HRM Major and Marketing Management Major under Gauhati University.

BCom 1st Sem GCC Sessional Question Paper 2025 Available: Business Organisation Management, Business Economics, Environment Studies, Financial Accounting, , Alternate English , Indian Financial System.

Gauhati Commerce College 

Sessional Question Papers 2025

1. Business Organisation and Management

Time: 2 Hours | Full Marks: 40

Section – 1: Answer as directed (1×4=4)

(a) Which business format combines physical stores with online operations?
 (i) Brick & Mortar (ii) Brick & Click (iii) E-commerce (iv) Franchising
(b) Define International Environment.
(c) Define Outsourcing.
(d) Paying taxes regularly and following legal norms are the social responsibilities towards the government. (True/False)

Section – 2: Answer the following questions (2×3=6)

(a) Mention two social responsibilities of business towards customers.
(b) State two factors to be considered for starting a business.
(c) What is business ethics?

Section – 3: Answer any two questions (5×2=10)

(a) Explain the functions of management.
(b) Describe the managerial competencies essential for effective management.
(c) Define E-commerce and state its advantages.

Section – 4: Answer any two questions (10×2=20)

(a) Discuss the various components of the business environment.
(b) Discuss the advantages and disadvantages of franchising.
(c) Discuss the merits and demerits of the Brick & Click business format.

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2. Alternative English

Time: 2 Hours | Full Marks: 40

Section – 1: Answer briefly (1×10=10)

(a) What is a palanquin?
(b) Who is being carried 'like a pearl on a string'?
(c) What does 'holy' denote in So Many Oaks?
(d) What do the 'so bright, so clean' windows conceal?
(e) Which principles characterize the Classical Period?
(f) Who wrote No Second Troy?
(g) What is balsam and spruce compared to in Atwood’s This is a Photograph of Me?
(h) Give a pen picture of the 'Photograph'.
(i) Where did little Con spend most of his summer holidays?
(j) What is a Jockey’s crop?

Section – 2: Attempt any five (2×5=10)

(a) How do the palanquin bearers bear the bride along?
(b) What does the evil witch symbolize?
(c) What are the qualities attributed to Maud Gonne by Yeats?
(d) What happened to the Speaker? Where is she in the photograph?
(e) Why did the fishing rod remind the speaker of his grandmother?
(f) When did the grandmother break the rule of ‘six to six’?
(g) Why is Maud Gonne’s beauty compared to a ‘tightened bow’?

Section – 3: Answer any four (5×4=20)

(a) Explain Naidu’s use of similes in The Palanquin Bearers with examples.
(b) Comment on the use of colors in So Many Oaks.
(c) Explain how Maud Gonne’s personality conflicts with her age.
(d) Show how the invisible woman in This is a Photograph of Me symbolizes silenced voices.
(e) Describe the events from the grandmother finding the ‘keeper’ to discovering the actual ring.

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3. Financial Accounting

Time: 2 Hours | Full Marks: 40

Section – 1: Answer as directed (1×4=4)

(a) State whether true or false:
 (i) The first IFRS was published in June 2008.
 (ii) Under Hire Purchase, the purchaser gets possession on signing the agreement.
(b) The buyer’s position till the last installment is paid under Hire Purchase is —
 (i) Owner (ii) Bailee (iii) Bailor
(c) The principle stating that asset valuation methods shouldn’t change is called —
(d) On 1.4.2020, Mr. B purchased machinery for ₹45,000 under Hire Purchase (₹6,000 down payment, balance in five ₹9,000 annual installments, 5% interest p.a.). Calculate interest and pass journal entries in Mr. B’s books under Full Cash Price Method. Depreciation @20% Diminishing Balance Method.

Section – 2: Answer the following (2×3=6)

(a) What is Corporate Information Disclosure?
(b) Write two advantages of Accounting.
(c) Mention elements of a Hire Purchase Agreement.

Section – 3: Answer any two (5×2=10)

(a) Explain any five users of financial statements.
(b) Who is a hire purchaser? State any four rights.
(c) Write five differences between hire purchase and credit sales.
(d) Mention any five Accounting Principles and explain any two.

4. Answer any two (10×2=20)

(a) What is Accounting Standard? Explain four advantages and four limitations.
(b) Pass journal entries in Hire Purchaser and Hire Vendor books under Full Cash Price Method.
(c) Define IFRS. Mention two needs and explain the issue procedure.

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4. Business Economics

Time: 1½ Hours | Full Marks: 30

Section – 1: Answer the following (1×4=4)

(a) Define Business Economics.
(b) Mention one determinant of demand.
(c) Define isoquant.
(d) What is Social Cost?

Section – 2: Answer the following (2×3=6)

(a) State two uses of Business Economics.
(b) Write two exceptions to the Law of Demand.
(c) Define opportunity cost with example.

Section – 3: Write short notes on any two (5×2=10)

(a) Business Ethics
(b) Characteristics of Business Economics
(c) Business Applications of Price Elasticity
(d) Expansion Path

Section – 4: Answer the following (10)

(a) Define Price Elasticity of Demand. Discuss its determinants.
(b) Explain with a diagram how producer equilibrium is reached using isoquant and iso-cost lines.

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5. Environmental Studies

Time: 1 Hour | Full Marks: 20

Section – 1: Answer the following (1×4=4)

(a) What is environment?
(b) State the importance of studying environment today.
(c) Define pollution.
(d) What is sustainable development?

Section – 2: Answer the following (2×3=6)

(a) Write two causes of environmental pollution.
(b) What is biodiversity?
(c) Define environmental ethics.

Section – 3: Answer any two (5×2=10)

(a) Define ecosystem. Explain types and structure.
(b) Define environmental degradation and discuss its causes.

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6. Indian Financial System

Time: 1½ Hours | Full Marks: 30

Section – 1: Answer as directed (1×4=4)

(a) “Financial System transfers funds from surplus to deficit sector.” (True/False)
(b) Write the full form of SIDBI.
(c) Name the first development bank of India.
(d) New issue market is also known as Primary Market. (Yes/No)

Section – 2: Answer the following (2×3=6)

(a) State two differences between scheduled and non-scheduled banks.
(b) Define financial service.
(c) Mention two features of capital market.

Section – 3: Answer any two (5×2=10)

(a) Explain types of mutual funds.
(b) Write a note on fee-based financial services.
(c) Define factoring and state its features.
(d) What are the sub-markets of Indian money market? Explain.

Section – 4: Answer the following (10)

(a) Explain the concept of the financial system and discuss its components.
(b) What is a cooperative bank? Discuss its functions.

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