HSC OCM Question Bank with Important Questions – Nature and Significance of Management 2026: The Ultimate Study Guide
- Swarangi Nawge
- 2 days ago
- 3 min read
Are you aiming for a top score in your Maharashtra State Board Class 12 Commerce exams? The first chapter, Nature and Significance of Management, is the foundation of the entire Organisation of Commerce and Management (OCM) syllabus. In 2026, the board has emphasized conceptual clarity and application-based questions, making it essential to have a targeted study plan.
This comprehensive guide provides the HSC OCM Question Bank with Important Questions – Nature and Significance of Management 2026, analyzed from the last ten years of board papers and updated with the latest SCERT guidelines.
Understanding the Chapter Weightage 2026
According to the latest Maharashtra Board marking scheme, Chapter 1 (Principles of Management) carries a weightage of 7 to 12 marks. This makes it a high-yield chapter where you can easily secure full marks by focusing on repeated long-answer questions.
Section | Marks Allocation |
Objectives (MCQ, Match, Odd One) | 1–2 Marks |
Explain Concepts/Terms | 2 Marks |
Distinguish Between | 4 Marks |
Answer in Brief / Justify | 4 Marks |
Long Answers (8-pointers) | 8 Marks |
Official Links for Maharashtra Board Question Banks
To ensure you are studying from verified sources, use the links below:
MSBSHSE Official Question Papers: Official Previous Papers
SCERT Maharashtra Question Bank (Prashnapedhi): Download Question Bank
Detailed Chapter-wise Analysis: Check 2026 Syllabus Updates
HSC OCM Question Bank with Important Questions – Nature and Significance of Management 2026
1. Objective Type Questions (Must-Know)
Select the correct option: The word 'Entreprendre' means ________. (to undertake)
Give one word: The principle based on "a place for everything and everything in its place." (Principle of Order)
State True or False: Principles of management are universal in nature. (True)
2. Explain Concepts and Terms
Unity of Command: Every employee should receive orders from only one superior.
Division of Work: Breaking down work into small tasks to improve efficiency.
Management as an Art: Focus on personalized application and creativity.
3. Most Important Long Answer Questions (8 Marks)
These are the "star" questions that have appeared in almost every alternative board exam since 2015.
Explain Henry Fayol’s 14 Principles of Management in detail.
Tip: Learn at least 10–12 points with headings like Discipline, Unity of Direction, and Esprit de Corps.
Explain the Nature and Significance of Management Principles.
Focus on points like universal application, flexibility, and behavioral nature.
Discuss F.W. Taylor’s Scientific Management Theory and its Techniques.
Highlight "Time Study," "Motion Study," and "Fatigue Study."
Analysis of Repeated Board Questions
By analyzing the previous 5-year papers (2021–2025), certain questions show a high recurrence rate:
Justify the Statement: "Principles of management are flexible in nature." (Repeated 4 times)
Justify the Statement: "Management principles are helpful in optimum utilization of resources."
Distinguish Between: While Chapter 1 focuses more on principles, the "Techniques of Scientific Management" is often compared with "General Principles" in short notes.
Quick Revision: Key Formula Names & Concepts
In the 2026 OCM syllabus, while there are no complex mathematical calculations, you must remember the functional "formulae" of management logic:
Efficiency Formula Name: (Output / Input) – Used to explain the significance of management.
Span of Management: The logic determining the number of subordinates a manager can handle.
Standardization Concept: Used in Scientific Management to maintain quality.
Study Strategy to Score 90+ in OCM
Follow the Textbook Structure: Ensure your answers have an Introduction, Definition, Points with Headings, and a Conclusion.
Use Keywords: Moderators look for terms like "Universal," "Goal-oriented," "Contingent," and "Esprit de Corps."
Diagrams and Charts: Draw a simple hierarchy chart when explaining levels of management.
Conclusion
Preparing for the 2026 boards requires a blend of hard work and smart strategy. By focusing on this HSC OCM Question Bank with Important Questions – Nature and Significance of Management 2026, you align your preparation with official board expectations. Remember, management is not just a subject but a skill—understand the "why" behind the principles, and you will find it much easier to write high-scoring answers.
Frequently Asked Questions (FAQs)
Q1: Where can I find the official HSC OCM Question Bank with Important Questions
– Nature and Significance of Management 2026? Ans: You can access the official question banks (Prashnapedhi) on the SCERT Maharashtra website (www.maa.ac.in). These banks include the focus keyword-rich questions specifically curated for the 2026 board exam.
Q2: Is Henry Fayol's 14 Principles question compulsory for the 8-mark section?
Ans: While no question is "compulsory," Henry Fayol’s principles are the most frequently asked 8-mark questions in OCM. We highly recommend mastering all 14 points.
Q3: How should I write a 'Justify' answer in OCM?
Ans: Start by stating whether the statement is true or false (though usually, the statements given are true). Then, provide 4–5 logical points explaining why the statement is correct.
Comments