Board exam mistakes i would not do again | Accounts B.St. & Economics

Summary

In this video, the speaker shares valuable exam tips for students preparing for their 12th board exams, focusing on three key subjects: Economics, Business Studies, and Accountancy. The speaker emphasizes the importance of understanding the marking scheme, managing time effectively, and writing answers in points for better clarity. They highlight the significance of using diagrams and graphs, especially in Economics, and suggest attempting every question, even if unsure, to earn partial marks. The video also stresses the importance of presentation in Accountancy, where small formatting mistakes can lead to mark deductions. Overall, it provides practical advice for achieving better exam scores.

Takeaways

• 😀 Always attempt every question in the exam to avoid losing marks for unanswered questions.
• 😀 Manage your time effectively by allocating effort according to the weightage and marking scheme of each question.
• 😀 Write answers in bullet points wherever possible to make it easier for examiners to check and score, and avoid lengthy paragraphs.
• 😀 Underline key terms in your answers when writing in paragraphs to guide the examiner's focus and ensure clarity.
• 😀 Use graphs and flowcharts in your answers, especially in subjects like Economics, to improve presentation and demonstrate understanding.
• 😀 Even if you are unsure about a topic, attempt to answer using whatever knowledge you have to earn partial marks instead of leaving the question blank.
• 😀 Refer to multiple sources, like YouTube videos or additional books, to understand difficult topics that you struggle with in class.
• 😀 In Accounting, accuracy is critical—ensure figures match, and be mindful of formatting and small details like currency symbols and correct journal entries.
• 😀 When you quote definitions, ensure they come from reputable sources, as this improves your answer’s presentation and credibility.
• 😀 Keep practicing with past question papers to get familiar with the types of questions and refine your approach to each subject.

Q & A

What is the importance of time management during an exam?

Time management is crucial in exams because it helps you allocate time according to the marking scheme. By focusing more on higher-weighted questions, you can maximize your overall score. The key is not to over-prepare for one question and neglect the others.

Why should you write answers in points instead of paragraphs?

Writing in points makes it easier for the examiner to quickly identify the key points of your answer. When answers are written in paragraphs, the examiner has to read through the entire text, which can lead to missing important details. Point-based answers also save time.

What should you do if you don’t know the answer to a question?

If you are unsure about an answer, never leave the question unattempted. Write anything related to the topic, even if it's not the exact answer. You can gain partial marks, and sometimes a well-quoted definition or a related concept can help you score points.

How can graphs and flowcharts improve your exam presentation?

Graphs and flowcharts improve the presentation of your answers by visually organizing information. They make your answers look more structured and can demonstrate your understanding of concepts, especially in subjects like Economics and Business Studies. Even if your explanation isn't perfect, a well-drawn graph can still earn you marks.

What are the consequences of not using graphs in Economics exams?

Not using graphs in Economics can result in lost marks, as graphs are key to demonstrating your understanding of certain concepts. In fact, missing graphs can significantly impact your score, as they provide a visual representation of your grasp on the topic.

Why is precision so important in Accountancy exams?

Precision in Accountancy is critical because small mistakes, like incorrect figures or formatting errors, can lead to deductions in marks. The correct structure, including things like journal entries and calculations, is essential to ensure you earn all available marks.

What is the role of presentation in securing good marks in exams?

Presentation is vital because a well-organized answer sheet leaves a positive impression on the examiner. When answers are neatly written with correct formatting, such as underlined keywords and organized points, it makes it easier for the examiner to follow and assess your understanding.

How can you improve your chances of scoring well in Accountancy?

To score well in Accountancy, make sure to follow the correct formats, especially for journal entries, calculations, and balance sheets. Ensure all figures are correct and symbols, such as currency signs, are placed appropriately. These small details can prevent deductions and help you secure full marks.

What should you do if a question involves a topic you're confused about?

If you're confused about a topic, don’t panic. Try to understand the key concepts through other sources, such as YouTube tutorials, different textbooks, or asking teachers. Even if you're still unsure, write down any relevant definitions or concepts you remember.

Why is it important to attempt every question, even if you're unsure about it?

Attempting every question is important because even if you don't have the full answer, partial knowledge can earn you marks. Leaving a question blank guarantees zero marks, whereas writing something related to the topic can help you gain some points.