Class 12 Commerce Chapter 1 Overview
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Questions and Answers

What is the primary focus of Class 12 commerce chapter 1?

  • Historical analysis of trade practices
  • Advanced economic theories
  • Legal aspects of business operations
  • Introduction to accounting principles (correct)

    • Which subject is covered in Class 12 commerce chapter 1?

  • Microeconomics
  • Business Studies
  • Accountancy (correct)
  • Sociology

    • What is the purpose of studying Class 12 commerce chapter 1?

  • To explore international trade policies
  • To understand financial transactions and their recording (correct)
  • To analyze consumer behavior
  • To study the history of economic thought

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