1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXMAINATION – OCTOBER 2013
B.B.M – III SEMESTER
FINANCIAL MANAGEMENT
TIME: 3 HOURS Max. Marks: 100
SECTION – A
I) ANSWER ALL THE QUESTIONS. (10X2=20)
1. “Profit maximization ignores the time value on money”. Explain this statement
with an example.
2. Why capital budgeting decisions are considered highly significant?
3. What is meant by capital rationing?
4. How do you calculate Profitability Index? If the Gross Profitability Index of a
project is 0.125, should the project be accepted?
5. Mention the different motives of holding cash.
6. Name any four factors that are considered while rating the credit worthiness of a
customer.
7. Expand the following tools of inventory management.
i) VED Analysis ii) FSN Analysis
8. What is meant by Scrip Dividend?
9. Draw a self explanatory diagram of an operating cycle.
10. If the combined leverage and operating leverage figures of a company are 2.5 and
1.25 respectively, find the financial leverage. Given that the interest payable per
year is Rs 1,00,000 total fixed cost is Rs 50,000 and sales Rs 10,00,000 , calculate
i) EBIT ii) Variable cost
SECTION – B
II) ANSWER ANY FOUR QUESTIONS. (4×5=20)
11. A new project is under consideration in MRB Ltd. which requires a capital
investment of Rs. 4.50 crore. Interest on term loan is 12% and corporate Tax Rate is
50%. If the Debt Equity ratio insisted by the financing agencies is 2:1, calculate the
point of indifference of the project.
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12. Biocon Ltd. has furnished the following information:
Particulars Rs.
Earnings per share (EPS) 4
Dividend payout ratio 25%
Market price per share 40
Rate of tax 30%
Growth rate of dividend 8%
The company wants to raise additional capital of Rs. 10 lakhs including debt of Rs. 4
lakhs. The cost of debt (before tax) is 10% upto Rs 2 lakhs and 15% beyond that.
Compute
(i) Cost of equity.
(ii) After tax average cost of debt.
13. A project needs an investment of Rs. 1,38,500. The cost of capital is 12 per cent. The
net cash inflows are as follows:
Year 1 2 3 4 5
Cash flow after tax
(Rs.)
30,000 40,000 60,000 30,000 20,000
Calculate Internal Rate of Return and suggest whether the project should be
accepted or not.
14. Examine the factors that affect the working capital of a firm.
15. What is meant by Factoring? Explain its chief characteristics.
16. ABC Ltd has under consideration two mutually exclusive proposals for the
purchase of new equipment.
Particulars Machine X Machine Y
Net cash outlay (Rs) 1,00,000 75,000
Salvage value —– ——
Life (years) 5 5
Profit before depreciation & tax Rs. Rs.
1 25,000 18,000
2 30,000 20,000
3 35,000 22,000
4 25,000 20,000
5 20,000 16,000
Assuming the tax rate to be 50 %,suggest to the management the best alternative using
Accounting Rate of Return.
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SECTION – C
III) ANSWER ANY THREE QUESTIONS. (4×5=20 )
17. PR Engineering Ltd. is considering the purchase of a new machine which will carry
out some operations which are at present performed by manual labour. The
following information related to the two alternative models ‘MX and MY ‘ are
available:
Particulars Machine X Machine Y
Cost of Machine Rs. 8,00,000 Rs. 10,20,000
Expected Life 6 years 6 years
Scrap Value Rs. 20,000 Rs. 30,000
Corporate tax rate for this company is 30% and company’s required rate of
return on investment proposals is 10%. Depreciation will be charged on straight line
basis.
Estimated net income before depreciation and tax:
Years Rs. Rs
1 2,50,000 2,70,000
2 2,30,000 3,60,000
3 1,80,000 3,80,000
4 2,00,000 2,80,000
5 1,80,000 2,60,000
6 1,60,000 1,85,000
You are required to :
(i) Calculate the pay-back period of each proposal.
(ii) Calculate the net present value of each proposal, if the P.V. factor @ 10% is
0.909., 0.826, 0.751, 0.683, 0.621 and 0.564.
(iii) Which proposal would you recommend and why?
18. Delta Ltd. currently has an equity share capital of Rs. 10, 00,000 consisting of 1,
00,000 Equity shares of Rs. 10 each. The company is going through a major
expansion plan requiring to raise funds to the tune of Rs. 6, 00,000. To finance the
expansion the management has the following plans.
Plan I – Issue 60,000 Equity shares of Rs. 10 each.
Plan II – Issue 40,000 Equity shares of Rs. 10 each and the balance through longterm
borrowing at 12% interest p.a
Plan III – Issue 30,000 Equity shares of Rs. 10 each. And 3,000 Rs. 100, 9%
Debentures.
Plan IV – Issue 30,000 Equity shares of Rs. 10 each and the balance through 6%
preference shares.
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The EBIT of the company is expected to be Rs. 4, 00,000 p.a. Assume corporate tax
rate of 40%. You are required to:
(i) Calculate EPS in each of the above plans.
(ii) Ascertain the degree of financial leverage in each plan.
19. From the following information of VSGR Company Ltd. estimate the working
capital needed to finance a level of activity of 1,44,000 units of production after
adding a 10% safety contingency.
Particulars Cost per unit (Rs.)
Raw materials 45
Direct labour 20
Overheads 40
Total cost 105
Profit 15
Selling price 120
Additional Information:
• Average raw materials in stock : Two months
• Average materials—in- process (50 per cent completion stage): Four weeks
• Average finished goods in stock: One month
• Credit allowed by suppliers: One month
• Credit allowed to customers: Two months
• Time lag in payment of wages: One and half weeks
• Time lag in payment of overhead expenses: One and half weeks
• One fifth of the sales is on cash basis.
• Cash balance is expected to be Rs. 1,00,000 . You may assume that
production is carried on evenly throughout the year.
20. JKL Ltd. has the following book value capital structure as on March 31 2013.
Particulars Amount
Equity share capital (2,00,000 shares) 40,00,000
11.5% preference shares 10,00,000
10% debentures 30,00,000
The equity share of the company sells for Rs. 20. It is expected that the company will
pay next year a dividend of Rs. 2 per equity share, which is expected to grow at 5%
p.a forever. Assume a 35% corporate tax rate.
Required:
(i) Compute weighted average cost of capital (WACC) of the company based on
the existing capital structure.
(ii) Compute the new WACC , if the company raises an additional Rs. 20 lakhs
debt by issuing 12% debentures. This would result in increasing the expected
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equity dividend to Rs. 2.40 and leave the growth rate unchanged, but the
price of equity share will fall to Rs. 16 per share.
21. (A) What is meant by stock dividend? Discuss its objectives and
Benefits to the company and shareholders (5 marks)
21. (B) The following information is available in respect of a firm:
Earnings per Share (EPS) Rs. 40
Capitalization rate (Ke) 10%
Assumed rate of return on investment (R)
(a) 13% (b) 10 % (c) 8 %
You are required to show the effect of dividend payment on the market price per
share using Walter’s model, when dividend payout ratio is (a) 0 % (b) 50% (c)
100 % (10 marks)
SECTION – D
IV) Compulsory question – Case study. (15 Marks)
22. A company belongs to a risk class for which the appropriate capitalization rate is
10%. It currently has 25,000 shares current market price is Rs. 100 each. The firm is
contemplating the declaration of dividend of Rs. 5 per share at the end of the current
financial year.
(a) Applying the MM model. Compute the market price of the share when
recommended dividend is (i) paid (ii) not paid
(b) Assuming the firm has a net income of Rs. 2.5 lakhs and a proposal for
making new investments of Rs. 5 lakhs. Find the number of shares to be
issued.
(c) Show that under Modigliani Miller hypotheses the payment of dividend does
not affect the value of the firm.
B.B.M Question Papers
St. Joseph’s College of Commerce BBM 2013 III Sem Corporate Accounting Question Paper PDF Download
1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXMAINATION – OCTOBER 2013
B.B.M – III SEMESTER
CORPORATE ACCOUNTING
TIME: 3 HOURS MARKS: 100
SECTION – A
I) ANSWER ALLTHE FOLLOWING QUESTIONS. (10X2=20)
1. What is the meaning of Statutory Reserve?
2. What is Reduction of share capital?
3. What are Preferential Creditors? Give example.
4. What is the meaning of External Reconstruction?
5. What is the meaning of Amalgamation of Company’s?
6. What is the difference between Interim Dividend and Final Dividend?
7. What is an intangible asset? Give two examples.
8. How do you deal with the balance in capital Reduction A/C?
9. What is ‘Net Assets’?
10. Who is a contributory?
SECTION – B
II) Answer ANY FOUR questions. (4×5=20)
11. Balance Sheet of Jordan Company stood as follows on 31/12/2012.
Balance Sheet
Liabilities Amount (Rs) Assets Amount (Rs)
19,000 Shares of 100 each 19,00,000 Land & Buildings 1,00,000
Creditors 1,00,000 Machinery 2,60,000
Debentures 1,00,000 Furniture 20,000
Stock 3,70,000
Debtors 1,80,000
Goodwill 2,00,000
Profit & Loss A/c 9,70,000
21,00,000 21,00,000
The company is to be reconstructed as follows:
(i) Shares of Rs. 100 are to be reduced to an equal number of fully paid shares of Rs. 40
each.
(ii) To issue 1,000 new shares of Rs. 40 each as fully paid up to debenture holders in full
settlement.
(iii) The amount available is to be utilized in writing off the Goodwill and Profit and loss
A/c and the balance in writing down the value of machinery.
(iv) Authorised capital of the company is 20,000 shares of Rs. 100 each.
Give the necessary Journal Entries.
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12. Calculate the purchase consideration from the following:
Total assets at book value – Rs. 5,00,000
Assets are taken over at 10% less than book value.
Total liabilities – Rs. 2,00,000
Liabilities not taken over – Rs. 50,000
Liquidation expenses of Rs. 5,000 is to be borne by the purchasing company .
13. Explain briefly the differences between Amalgamation by Merger and Amalgamation by
Purchase Method.
14. Calculate liquidator’s remuneration and amount available to pay unsecured creditors:
(i) Balance of cash after paying preferential creditors Rs. 2,10,000
(ii) Other unsecured creditors are Rs. 2,50,000.
(iii) Liquidator’s remuneration is 5% on the amount paid to other unsecured creditors.
15. Briefly explain the functions of Accounting Standard Board.
16. What are the differences between Internal Reconstruction and External Reconstruction?
SECTION – C
III) Answer any THREE out the following : (3×15=45 )
17. American Ltd was absorbed by India Ltd on 31/12/2012 on which date the Balance Sheet of
American Ltd was as follows:
Liabilities Amount (Rs) Assets Amount (Rs)
Equity Share Capital 6,00,000 Buildings 4,00,000
5% Preference Share Capital 4,00,000 Plant 2,00,000
Sundry Creditors 1,10,000 Current Assets 2,00,000
Development Rebate Reserve 40,000 P& L A/c 3,50,000
11,50,000 11,50,000
India Ltd took over buildings at Rs. 3,00,000. Plant at Rs. 1,40,000 and Stock at Rs. 60,000.
The purchase consideration is to be satisfied by the issue of 8% Preference Shares of Rs. 100
each and Equity Shares of Rs. 10 each in 3:2 ratio.
The Preference Shareholders are to be settled in full by the allotment of new Preference
Shares. Sundry debtors realized Rs. 1,50,000 and Rs. 1,00,000 was paid to Sundry Creditors
in full settlement (There were no other current assets). Cost of liquidation Rs. 10,000.
Development Rebate Reserve is a Statutory Reserve to be continued to 2 more years.
Prepare necessary ledger accounts in the books of American Ltd. Opening Journal Entries
of India Ltd and its Balance Sheet.
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18. Fast Consumption Ltd went into voluntary liquidation on 31/12/2012. The Balance Sheet as
on that date was:
Liabilities Amount (Rs) Assets Amount (Rs)
Share Capital:
5,000 , 6% Cumulative
preference Shares of Rs. 100
each fully paid
5,00,000
Land and Buildings
2,50,000
2,500 Equity Shares of Rs. 100
each Rs. 75 paid up
1,87,500
Machinery 6,25,000
7,500 Equity Shares of 100
each Rs. 60 paid up
4,50,000
Patents 1,00,000
5% Mortgage debentures 2,50,000 Stock 1,37,500
Interest outstanding on
debentures
12,500
Debtors 2,75,000
Creditors 3,62,500 Cash at Bank 75,000
Profit and Loss A/c 3,00,000
17,62,500 17,62,500
The liquidators is entitled to a commission of 3% on all assets relised except cash and 2%
on amounts distributed to unsecured creditors.
Creditors include Rs. 17,500 for Income tax due to Government Rs. 5,000 outstanding
Salaries of employees and an award of Rs. 15,000 made under Workmen’s Compensation
Act. It also includes a loan for Rs. 1,25,000 secured by mortgage on Land and Buildings. The
preference dividends were in arrears for two years. The assets realized as follows:
Assets Amount (Rs)
Land and Buildings 3,00,000
Machinery 5,00,000
Patents 75,000
Stock 1,50,000
Debtors 2,00,000
Expenses of Liquidation
amounted to
27,250
Prepare the Liquidators Final Statement of Accounts.
19. Briefly explain the following Accounting Standards.
AS-2 AS-6 AS-8
20. The State of Affairs of Texas Co Ltd on 31/12/2012 was as follows:
Liabilities Amount (Rs) Assets Amount (Rs)
20,000 Equity Shares of Rs. 10
each
2,00,000 Goodwill 80,000
15,000 7% preference shares of
Rs. 10 each
1,50,000 Buildings 1,75,000
13,000 5% preference shares of 65,000 Machinery 3,25,000
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Rs. 10 each . Rs. 5 paid
5% Debentures 1,50,000 Patents 54,000
8% Debentures 3,00,000 Furniture 15,000
Sundry Creditors 4,50,000 Investments 75,000
Debenture interest due 19,500 Sundry Debtors 4,15,000
Cash 2,000
Bank 18,000
Profit and Loss A/c 1,75,500
13,34,500 13,34,500
The following scheme of capital reduction was submitted and approved by the court.
(a) Equity Shares of Rs. 10 each were to be reduced to Shares of Rs. 5 each.
(b) 7% preference shares of Rs. 10 each fully paid were to be reduced to 6% preference
shares of Rs. 10 each ,Rs. 6 per share paid.
(c) 5% preference shares of Rs. 10 each , Rs. 5 paid up were to be reduced to 4 ½ preference
shares of Rs. 10 each, Rs. 3 per share paid up.
The debenture holders agreed to forego the interest due to them. The company in the
meantime recovered as damages a sum of Rs. 84,000 from a third party and it was
decided to use this amount also to write off the Capital losses.
The reconstruction expenses comes to Rs. 7,250.
Give Journal Entries to record the above and draw the Reconstructed Balance Sheet.
21. P Ltd and Q Ltd agreed to Amalgamation by transferring their undertaking to a new
company to PQ Ltd. formed for that purpose. On the date of the transfer, Balance Sheets of
the two companies were as under:
Liabilities P Ltd Q Ltd Assets P Ltd Q Ltd
Equity Shares of Rs.
10 each
7,50,000 2,50,000 Sundry Assets 6,00,000 3,10,000
5% Debentures — 30,000 Freehold
property
30,000 —–
Reserve —- 20,000 Debtors 1,80,000 50,000
Mortgage Loan on
freehold property
50,000 —– Investments 1,30,000 30,000
Sundry Creditors 40,000 1,00,000 Bank 1,00,000 20,000
Profit & Loss A/c 2,00,000 10,000
10,40,000 4,10,000 10,40,000 4,10,000
The Purchase Consideration consisted of :
(i) The assumption of liabilities of both the companies.
(ii) The discharge of Debentures in Q Ltd by the issue of Rs. 35,000 4% Debentures in PQ
Ltd
(iii) The issue at a premium of Rs. 5 each to both the vendor companies equity shares of
Rs. 10 each in PQ Ltd.
For the purpose of transfer the assets are to be revalued as under:
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Particulars P Ltd Q Ltd
Sundry Assets 6,50,000 3,56,000
Freehold property 50,000
Debtors 1,71,000 45,000
Investments 1,49,000 40,000
Goodwill 1,10,000 40,000
Write up Realisation account and the Shareholders account and PQ Ltd account in
each of the vendor company and Journal Entries in the Book of PQ Ltd. Under
amalgamation in the nature of purchase.
SECTION – D
IV) Compulsory question. (15 Marks)
22. Following is the trial balance of Indore Co.Ltd as at 31 March 2013:
Particulars Amount (Rs) Amount (Rs)
Stock 31/03/2012 70,000
Sales 3,50,000
Purchase 2,50,000
Wages 50,000
Discount 5,000
Furniture and Fittings 17,000
Salaries 7,000
Rent 4,950
Sundry Expenses 7,550
Surplus Account 31/03/2012 15,030
Dividends paid 4,000
Share Capital 1,00,000
Debtors and Creditors 37,500 17,500
Plant and Machinery 29,000
Cash and Bank 18,200
Reserve 15,500
Patents and Trade Mark 7,830
5,03,030 5,03,030
Prepare Statement of Profit and Loss for the year ended 31/03/2013 and Balance Sheet
as at the date. Take into consideration the following adjustments:
(i) Stock on 31/03/2013 was valued at Rs. 82,000.
(ii) Depreciation on fixed assets @ 10%.
(iii) Make a provision for income tax @ 50%
(iv) Ignore corporate dividend tax
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St. Joseph’s College of Commerce BBM 2013 III Sem Computer Applications & Management Information System Question Paper PDF Download
1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXMAINATION – OCTOBER 2013
B.B.M – III SEMESTER
COMPUTER APPLICATIONS & MANAGEMENT INFORMATION SYSTEM
TIME: 3 HOURS Max. Marks: 100
SECTION – A
I) Answer the following questions briefly in two or three sentence (10×2=20)
1. What are the advantages of using Pivot table in MS-Excel?
2. Why MS-Excel is known as a general purpose language?
3. What do you mean by slide transition in MS-PowerPoint?
4. How to prepare a simple HTML document?
5. What is DBMS? Point out any two advantages of using this.
6. What do you mean by structured system design?
7. What are the differences between Decision Support System and Management
Information system?
8. What do you mean by Data Warehouse?
9. How will you apply spell check in MS word?
10. What do you mean by Forms in MS Access?
SECTION -B
II) Answer ANY FOUR questions from the following: (4×5=20)
11. Explain sumif() and countif() with an example?
12. Explain Transaction Processing System?
13. How to insert an image in a web page. What are the attributes of image tag?
Explain with an example.
14. Why the database is important in Management Information System. Explain.
15. What do you mean by Macro in MS word? How to set Macro in MS Word.
16. Write commands for the operations based on the spreadsheet.
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A B C D E F G H
NAME BASIC HRA DA PF DEDUCTIONS GROSS NET
1 AJAY 6500 0
2 AMIR 6800 500
3 ANIL 5800 0
4 AMIT 9000 0
Allocate the cell location address according to the table and compute the
following:
1. Calculate the HRA 13% of BASIC for all employees in the table.
2. Calculate DA 25% of BASIC+HRA for all employees in the table.
3. Calculate PF as 10% of the Basic for all employees in the table.
4. Calculate GROSS salary(BASIC+HRA+DA+PF).
5. Calculate NET =GROSS deduct PF and all DEDUCTIONS for all employees in
the table.
SECTION – C
III) Answer ANY THREE questions from the following: (3×15=45)
17. Explain any six financial functions and statistical functions in MS-Excel?
18. How the internet technologies be involved in improving any one of the
functions of business. Explain.
19. Explain Decision Support System.
20. Explain the body tag of HTML with all attributes. Give an example program
with all body attributes.
21. Explain data manipulation tools in MS-Excel with example.
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SECTION – D
IV) Compulsory Question. (1×15=15)
Egghead Software, a Washington based company, enjoyed great success as the
nationwide chain of stores that sold only software. The chain grew to comprise
more than 200 stores, employing thousands of workers and earning millions of
dollars in revenues. Egghead’s success attracts competitors, including mass
merchandisers such as Wall-Mart and CompUSA, who began selling software
at discounted prices. As software prices fell, Egghead was unable to compete
successfully and began suffering operating losses.
Needing a change in direction, Egghead board of directors turned to
George Orban, a longtime Egghead investor with a track record for turning
around failing businesses. Orban, who joined Egghead as chairman and CEO,
believed that the only way to save Egghead was to simplify the business by
closing stores, cutting cost, and better identifying the company’s target market.
He began Egghead’s turnaround with massive cost cutting program that
involved closing more than 70 stores and a distribution center, selling real
estate holdings, and laying off hundreds of employees. The merchandise at
some of the remaining stores was switched to a more profitable product mix
that included computer systems and accessories.
Questions:
1. Would these changes be enough to save Egghead?
2. Whether to close the brick-and-mortar stores and go for another option? If
so, How they can achieve online sales?
St. Joseph’s College of Commerce BBM 2013 I Sem Organizational Behaviour Question Paper PDF Download
1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
BBM – I SEMESTER
ORGANIZATIONAL BEHAVIOUR
Time : 3 HOURS Max. Marks : 100
SECTION – A
I) Answer ALL the following: (10×2=20)
1. Explain the ‘ego defensive’ function of attitudes?
2. Distinguish between Job enlargement and Job enrichment.
3. What is ‘Machiavellianism’?
4. Define ‘Organizational Culture’.
5. Which learning theory is B.F Skinner connected to?
6. Distinguish between functional and dysfunctional conflict.
7. Name the stages in conflict.
8 Explain ‘coercive power’.
9. What is ‘Goal succession’?
10. Give two behavioral outcomes of stress.
SECTION – B
II) Answer any FOUR from the following: (4x 5= 20)
11. What are the stages of group formation?
12. Distinguish between Official, Tactical and Operational goals.
13. What are the pre-conditions or antecedents that lead to inter-group
conflicts?
14. Explain the personality attributes influencing OB.
15. What are the organizational challenges present in the current Indian
scenario?
16. Critically analyze Maslow’s Hierarchy of needs.
SECTION – C
III) Answer any THREE of the following: (3×15=45)
17. Why is organizational change often resisted by individuals and groups
within the organization? How can it be overcome?
18. Explain the Managerial Grid, with the help of a diagrammatic
representation.
19. Compare and contrast classical conditioning, operant conditioning and
social learning.
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20. What are perceptual errors? Explain any 5 perceptual errors.
21. Explain the Hawthorne Studies and its contributions.
SECTION – D
IV) Case Study -Compulsory. (1×15=15)
22.
Jyoti Private Limited is an Automotive spare parts company with an annual
turnover of Rs 1000 crores. The company is 10 years old and its workforce
breakdown is as follows :
Workmen -450 Officers -220.
The company has its head office at Gurgaon and has two manufacturing facilities at
Daman and Pune. The Managing Director, Yatin Raj is also the owner of this
company, and he and his family have largely contributed towards the growth of
Jyoti Private Limited.
The company has primarily been run as a family owned business and most people
decisions are taken by the Managing Director, with the HR department being
involved in execution of these decisions.
Yatin Raj is shortly due to retire from the company and hand over the reins of the
company to his only son Sanjeev Raj. Sanjeev has studied at Harvard and believes
in empowerment and a professional approach in managing the company. Yatin
realizes that times are changing and is in agreement with Sanjeev’s ideas in
managing the company. Yatin though, is a worried man on the change management
his company and employees will need to undergo and wonders if the way forward
will be successful.
Questions:
a) If you were to look at the above case from a ‘change management’
perspective, what would you suggest to Yatin?
b) Critically evaluate HR’s role as a ‘change agent’ in an organization.
c) Why do individuals resist change? Narrate with examples.
St. Joseph’s College of Commerce BBM 2013 I Sem Micro Economics Question Paper PDF Download
1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
B.B.M – I SEMESTER
MICRO ECONOMICS
Time: 3 Hours Max. Marks: 100
SECTION – A
I. Answer ALL Questions. Each question carries 2 marks. (10 x 2 = 20)
1. “Managerial economics is an integration of economic theory, decision, and science
and business management” Comment.
2. Explain briefly the term “Economic Development.”
3. State the reason behind the statement that “two indifference curves cannot intersect,”
with appropriate illustration.
4. Define the concept of “cross elasticity of demand.”
5. What are the considerations that are involved while fixing “Cost Plus” price policy?
6. Briefly explain the concept of “Dual Pricing.”
7. Explain the term “production function.”
8. What is meant by long run average cost? Why is it known as the envelop curve?
9. With the help of data given below, calculate marginal returns.
Units 1 2 3 4 5 6 7
Total
Returns
45 95 125 145 155 155 140
10. Who adopts price discrimination? How does price discrimination occur?
SECTION – B
II. Answer any FOUR. Each question carries FIVE marks. (4 x 5 = 20)
11. Explain the Concept of Equilibrium.
12. What is budget line? What does the slope of budget line measure?
13. Assuming that the same rate of change continues, what would be the predicted sales
for the year 2015?
Year 2006 2007 2008 2009 2010 2011 2012
Sales
(Rs. Lakhs)
10 12 15 18 24 25 30
14. Why is short run average cost curve U-shaped?
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15. What is meant by “law of returns to scale.” Briefly explain different types of returns
to scale.
16. Explain the conditions necessary for the existence of perfect competition.
SECTION – C
III. Answer any THREE. Each question carries FIFTEEN marks. (3X15 = 45)
‘
17. Distinguish between plant, firm and industry.
18. Explain the law of demand. What are the determinants of demand? State
exceptions to the law of demand.
19. Elucidate the factors influencing pricing policy? Comment on the objectives behind
implementing an appropriate pricing policy. Mention four important methods of
pricing?
20. Discuss the law of variable proportion with the help of a table and diagram. What
are the essential conditions of its applicability?
21. What is monopolistic competition? How is equilibrium price and output determined
under monopolistic competition?
SECTION – D
IV. Compulsory Case Study (1 x 15 = 15)
22. Shiny got promoted to her second semester BBM class. Her father gave her Rs. 2000
to make adequate purchases for the ensuing semester. She has been longing to buy
some new wearing apparels for quite a time. One apparel will approximately cost Rs.
500 per set. She is in need of some of some new books also. The cost price of each book
is Rs. 100. But she is willing to sacrifice some investment in clothes to buy books .
1. Since she needs both goods, how will you explain consumer behavior in spending on
both units, and maintain the same level of utility, when some quantity of one
commodity is substituted for additional units of another? (5 marks)
2. Explain when she will reach maximum satisfaction (equilibrium),given the budget
and the price of apparels and books. Explain through a diagram. (10 marks)
St. Joseph’s College of Commerce BBM 2013 I Sem General English Question Paper PDF Download
1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
BBM – I SEMESTER
GENERAL ENGLISH
Time: 3 Hours Max. Marks-100
SECTION – A
I) Answer ANY FIVE questions in one or two sentences. (5×2= 10)
1) On which day and year did J. Krishnamurthy deliver his speech ‘On Relationship’?
2) To what does Allama Prabhu compare the human legs to?
3) How does Imtiaz Dharker forecast the return of Saviours?
4) A ‘Poem’ is compared to which fruit in the lesson by Archibald MacLeish?
5) Who were the other traders or vendors who did their business around the astrologer in ‘An
Astrologer’s Day’?
6) Where is the setting of the story ‘The Last Leaf’?
II) Write short notes ON ANY FOUR of the following. (4×5 = 20)
7) The astrologer’s appearance.
8) Ending of ‘The Last Leaf’.
9) Krishnamurthy’s views on the effects of Isolation.
10) Explain the lines ‘A poem should not mean, But be’
11) Nature in ‘The World is too much with Us’.
III) Answer ANY THREE of the following in about 250 words. (3×10 =30)
12) Write a critical summary of the poem Vachanas of Allama Prabhu.
13) Comment on the use of irony to depict the relationship between the astrologer and Guru
Nayak in ‘An Astrologer’s Day.
14) Discuss Krishnamurthy’s views on Nationalism.
15) Bring out the satirical element in the poem ‘Saviours’ by giving appropriate illustrations
from the text.
SECTION – B
IV) Read the following passage carefully and answer questions that follow.
Books are, by far, the most lasting product of human effort. Temples crumble into ruin, pictures
and statues decay, but books survive. Time does not destroy the great thoughts which are as
fresh today as when they first passed through their author’s mind. These thoughts speak to us
through the printed page. The only effect of time has been to throw out of currency the bad
2
products. Nothing in literature which is not good can live for long. Good books have always
helped man in various spheres of life. No wonder that the world keeps its book with great care.
16) Answer the following in a word or sentence. (5×2= 10)
a) How does time not destroy books?
b) What does the line mean “To throw out of currency”?
c) Why the world keeps its book with great care?
d) Of all the product of human efforts, what makes a book so important?
e) Give a suitable title to the passage.
17) What is the importance of reading books in your life? Do you favour reading e-books or the
usual books? Give reasons to support your answer. (5 marks)
18) Rewrite the following as directed. (5 marks)
a) I was tired; so I _______ down. (lay, laid) (Choose the correct word)
b) Every man and woman ________ happy in this village. (is, are) (Use correct form of verb)
c) I doubt ________ he was there. ( that, if ) (Choose the correct conjunction)
d) I want to go to _____ cinema. (a, the) (Use appropriate article)
e) He is good _______ cricket. (in, at) (Use correct preposition)
19) Use the following words in sentences. (4 marks)
a) Pity, Piety
b) Symbol, Cymbal
20) Use the Idiomatic expressions into sentences. (4 marks)
a) All and sundry
b) To pull one’s socks up
21) Fill in the blanks using appropriate phrasal words. (4 x 2=8)
( bowled over, put up, broke up, drawn off, broke down )
a) I cannot _____ with this fellow.
b) We were _______ by the unexpected beauty of the landscape.
3
c) The police_______ the meeting as it turned violent.
d) He has _____ a major share of his profits from the company.
22) Pick out the most effective word from the given words to fill in the blank.
(4 marks)
I) The old _______ that ‘honesty is the best policy’ still inspires a large number of people.
a) saying b) adage
c) belief d) assumption
II) Rapid industrialization has played havoc with the _______ landscape of the country side.
a) idyllic b) clean
c) noisy d) colourful
St. Joseph’s College of Commerce BBM 2013 I Sem Business Mathematics And Statistics Question Paper PDF Download
1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
BBM – I SEMESTER
BUSINESS MATHEMATICS AND STATISTICS
Time : 3 HOURS Max. Marks : 100
SECTION – A
I) Answer ALL the questions. (10x 2 = 20)
1) Solve: (2x-7)(3x+1)=(2x-5)(3x-1).
2) Find the Simple interest on Rs. 17,000 for 3 months at 4% P.a.
3) Define Statistics.
4) Mention any 4 applications of statistics.
5) Arun can do a piece of work in 8 days, which Bala alone can do in 10 days. In
how many days both working together can do it?
6) Ramesh, Mohan and Chandra start a business jointly. Twice the investment of
Ramesh is equal to thrice the capital of Mohan and the capital of Mohan is four
times the capital of Chandra. Find the share of Mohan in an annual profit of
2,97,000.
7) A reduction of 20% in the price of sugar enables a man to purchase 4 kg more of
Rs. 280. What is the original rate and what is the reduced rate?
8) Solve x2-6x-72=0.
9) A company needs Rs. 10,00,000 at the end of 5 years from now. It would like to
set aside equal amount each year out of its profits. If the present market rate of
interest is 16%. How much of annual amount should be invested?
10) How is the value of r in Karl Pearson’s coefficient of correlation interpreted?
SECTION – B
II) Answer ANY FOUR of the following. (4×5=20)
11) Describe the characteristics of statistics.
12) Explain the limitations and scope of Statistics.
13) The following are heights in centimetres of 40 students. Form the frequency
distribution with appropriate class interval. 163.3, 155.0, 163.9, 163.9, 148.2, 151.5,
178.9, 155, 146.1, 145.2, 156.6, 159.9, 158.0, 153.4, 160.0, 149.3, 154.2, 164.7, 159.0,
160.8, 157.1, 176, 164.4, 170.0, 152.9, 169.3, 159.5, 162.4, 173.6, 154.8, 158.3, 172.5,
158.0, 154.0, 172.2, 148.0, 152.4, 156.6, 157.7, 165.3
2
14) Locate the Median and Quartiles from the following data.
Size of
shoes
Frequencie
s
4 20
4.5 36
5 44
5.5 50
6 80
6.5 30
7 30
7.5 16
8 14
15)A sum of Rs.8448 is divided between 2 persons A and B who are respectively 18 years
and 19 years old in such a way that their shares be invested at 6.25% per annum
compound interest. They shall receive equal amount on attaining the age of 21 years.
How should the sum be divided. How much will each receive when 21 years old?
16)Draw a histogram from the following and locate the mode. verify it by actual
calculations.
Class
Interval
Frequencies
0-10 14
10-20 23
20-30 35
30-40 20
40-50 8
50-60 5
SECTION -C
III) Answer ANY THREE of the following questions. (3×15=45)
17) a) Explain the functions of Statistics?
b) Describe the uses of Statistics?
18) a) Following are the runs scored by 2 batsmen in 10 innings. Find who is a
better scorer and who is more consistent.
Player1-101, 22, 0, 36, 82, 45,7,13, 65, 14
Player2- 97, 12, 40, 96, 13,8, 85 ,8, 56,16.
3
b) Draw Ogives from the following data and measure the median value. verify it by
actual calculations.
Mid point: 5 15 25 35 45.
Frequency: 5 11 21 16 10.
19) The life of 2 types of tyres in a sample survey is given below.
Life
(kms)
Number of
Tyres of Type
A
Number of
Tyres of
Type B
5000-10000 10 18
10000-15000 18 22
15000-20000 32 40
20000-25000 40 32
25000-30000 22 18
30000-35000 18 10
a) Which of the 2 makes has a higher average life?
b) If prices are same for both the types, which type would you prefer and why?
20) The competitors of a beauty contest were ranked by 3 judges as follows:
Judge A: 3 5 4 10 8 8 1 6 8 2
Judge B: 5.5 5.5 1 8.5 4 10 2 7 8.5 3
Judge c: 9 9 7 5 2 2 2 5 5 9
21) a) The following data relates to the ages of husbands and wives.
Age of the
Husband : 25 28 30 32 35 36 38 39 42 55
Age of wife: 20 26 29 30 25 18 26 35 35 46.
Obtain the two regression equations and determine the most likely age of
husband for the age of wife of 25 years.
b) Define and explain the different types of Annuity.
22) a) Compute the mean runs scored by a batsman from the following data.
Runs Scored: 10 20 30 40 50 60 70 80 90
Number of : 7 8 15 25 30 20 16 7 2.
Batsmen
4
b) Represent the following data in a suitable diagram
Newspaper Daily
Sales
Times of India 1432000
Deccan Herald 1431000
Indian Express 1327000
Asian Age 1119000
Hindustan times 894000
6.3) if the mean of a set of scores is 20, median is 22.Find the mode?
SECTION – D
IV) Compulsory question. (15 marks)
23) a) Compute the Karl Pearson’s coefficient of correlation between per capita
national income and per capita consumer expenditure from the data given
below. (8 marks)
Year
Per
capita
National
Income
Per capita
consumer
expenditure
1978 249 237
1979 251 238
1980 248 236
1981 252 240
1982 258 245
1983 269 255
1984 271 254
1985 272 252
1986 280 258
1987 275 251
b) LIC offers a special annuity scheme called the Jeevan Dhara scheme. One of
the options in this scheme is as follows. If a lump sum amount is paid now,
the LIC will pay an annuity of Rs.12000 commencing from the end of 1st year
till the person’s death. Assuming that LIC allows 9% P.a rate of interest and
the person’s life expectation is 15 years, how much should be deposited in
lump sum now. (7 marks)
&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
St. Joseph’s College of Commerce B.Com. 2014 IV Sem Business Law Question Paper PDF Download
St. joseph’s college of commerce (autonomous)
End semester examination – MARCH /april 2014
b.com (travel & tourism) – ii semester
BUSINESS LAW
Time: 3 hours Max. Marks: 100
SECTION – A
- Answer ALL the following questions. Each carries 2 marks. (10 x2 = 20 )
- Define the term ‘Ratio Decidendi’.
- What is an ‘Injunction’?
- Mention any four exceptions to the rule “Ex nudo pacto non oritur actio”.
- State any two circumstances when a person is deemed to be in a position to dominate the will of another.
- How is a ‘Factor’ different from a ‘Broker’?
- Define a ‘Consumer’
- Who can file a complaint according to the consumer protection act of 1986?
- Mention any two instances when a contract gets discharged by Supervening impossibility
- Distinguish between a Memorandum of Association and an Article of Association.
- Read the statements mentioned below and quote the word or phrase in law that represents the same.
- An incidential and collateral opinion which is uttered by a judge while delivering a judgment. It is a mere saying by the way, a chance remark, which is not binding upon the future courts, though it may be respected according to the reputation of the judge, the eminence of the Court and the circumstances in which it came to be pronounced.
- An agent who in consideration of an extra remuneration guarantees to his principal the performance of the contract by the other party. He occupies the position of a guarantor as well as that of an agent. But his liability is secondary and arises only on the insolvency or failure of the party.
SECTION – B
- Answer any FOUR Each carries 5 marks. (4×5=20)
- Explain the doctrine of ‘Stare decises’.
- How is a contract discharged by agreement?
- How and when may an Offer be revoked?
- Explain in detail the contents of the Memorandum of Association
- ‘Section 9’ of the Consumer Protection Act of 1986 provides for a ‘
Consumer disputes redressal forum established by the state government in
Each district of the state by notification’ In light of the above statement
Explain the Composition , Appointment , Term of office and Jurisdiction
of The District Forum.
- Define Cyber Crime and explain the need for Cyber Laws in India.
SECTION – C
- Answer any THREE Each carries 15 marks. (3×15=45)
- Define the term ‘Acceptance’ and state the rules governing a valid
Acceptance?
- Neharika, who was badly in need of money offered to sell her piano worth Rs.5,000 to Rushika for Rs.4,000. Rushika refused to buy. Neharika gradually lowered her price until Rs.1,000 was reached, which Rushika accepted. Before the piano was delivered, Neharika received an offer of a large sum from Rahul, and she refused to carry out the contract with Rushika, claiming that the consideration was inadequate.
- a) Is Neharika liable to pay damages to Rushika for failure to carry out her part
of the contract? Why?
- b) Define Consideration and elaborate the sailent features of the term
consideration as defined in the Indian contract act?
- ‘Ratification’ is tantamount to prior authority. Comment and explain the
Requisites of a valid ratification. Also explain the various modes by which an
Agency may be created.
- Examine the main features of the Foreign Exchange Management Act. How
Is it different from the Foreign Exchange Regulation Act?
- Describe the Appointment, Powers, Duties and Liability of the Board of
Directors of a Company
SECTION -D
- Case Study – Compulsory question. (15 marks)
- Read the cases mentioned below and answer the question that follows by not
only quoting the respective law but also giving a suitable explanation for the same.
- B offered to sell his car to A for Rs 2, 95,000. A accepts to purchase it for
Rs 2, 94,000.B refused to sell the car for Rs 2,94,000. Subsequently A agrees to purchase the car for Rs 2,95,000 but B refused to sell the car. A sues B for the specific performance of the contract. Will he succeed?
- A offered to sell his car to B for Rs 60,000. B said “ I accept your offer. Here is Rs 50,000 in cash and a 60 day promissory note for the balance.” Did a contract result?
- M made a contract with N for supplying to him certain goods at a certain place outside the state when there was no prohibition against sending the goods outside the state. Subsequently prohibition was imposed on sending of those goods to that place and the railway booking was consequently closed. M failed to supply the goods . N sued M for damages for non supply of goods. M, inter alia pleaded that the contract became impossible of performance and so he was absolved from performing it. Will M succeed in his said defense?
- G pays Rs 10,000 to X, a civil servant employed in a Government department in consideration of X’s promise that a government contract which is at the disposal of his department will be placed with G. Before this can be done X is transferred to another department. G now wishes to reclaim from X Rs 10,000 paid to him. Will G succeed?
- P borrows Rs 2,000 from C to purchase certain smuggled goods from J. Can C recover the amount from P if he
- Knows of P’s purpose for which he borrows money.
- Does not know of P’s purpose.
- A renders some service to B during his minority at the request of B . B, on attaining majority, enters into an agreement with A to compensate him (A) for services rendered during B’s minority. Is this agreement valid?
- A’s car breaks down on Mg Road. He asks B, a passing motorist to tow the car to the nearest garage. B tows the car. In return A promises to pay B at the garage Rs 500 as payment for his trouble. Is A bound by his promise?
- Arvind buys a taxi from Modi, Due to some problems in the taxi Arvind asked Modi to take it back and refund the money. Modi refused to do so. Arvind then decided to complain to the consumer forum. Is he entitled to do so?
St. Joseph’s College of Commerce 2014 VI Sem Strategic Management Question Paper PDF Download
St. Joseph’s College of Commerce (Autonomous)
End Semester examination – April 2014
BBM – VI semESTER
STRATEGIC MANAGEMENT
Duration: 3 Hours Max. Marks: 100
Section – A
- Answer any TEN Each carries 2 marks. ( 10 x 2 = 20)
- Define “Strategy”.
- Give the meaning of “Vision” and “Mission”.
- Explain the levels involved in strategic planning.
- What do you mean by Retrenchment Strategy?
- What is meant by Critical Success Factor? Explain.
- Give the meaning of Key Result Area.
- Explain the reasons for Strategic Alliance.
- What is meant by Environmental scanning?
- What are the Approaches to Divestment?
- Give the meaning and reasons to manage conflicts.
Section – B
- Answer any FOUR Each carries 5 marks. ( 4 x 5 = 20)
- Explain the key areas in developing a strategy.
- Explain in detail, the process of strategic management.
- Explain the types of concentration strategies and its merits.
- Explain the reasons for reasons for Conglomerate or Unrelated Diversification:
- What are the pre-requisite conditions for a joint venture?
- (I).How does a domestic firm start its international business?
- By thinking big b. By manufacturing c. By exporting d. By processing
(II). Which of the following is an important reason for business growth?
- Natural urge b. Survival c. Market Share d. All of the above
(III). Retrenchment strategy is also known as?
- Offensive strategy b. Medium strategy
- Defensive Strategy d. All of the above
(IV). Which of the following is a factor on which structure depends?
- Size of business b. Nature of business
- Characteristics of the market d. All of the above
(V). In ______ SBU companies, the corporate strategy is implemented through SBU strategies, which are formulated to achieve the corporate strategy.
- Single b. Multi c. Solo d. None of the above
Section – C
- Answer any THREE Each carries 15 marks. (3 x 15 = 45)
- Explain in detail, Michael Porters Five forces model.
- Explain the various Internationalization strategies. Explain the merits and demerits of going international.
- What is meant by Mergers and Acquisitions? Explain the types and reasons for mergers.
- What do you mean by Resistance to change? Explain the reasons for resistance. How can resistance be managed?
- Explain in detail, “McKinsey 7s Model”.
SECTION – D
- Case study – compulsory question (15 marks)
DD is the India’s premier public service broadcaster with more than 1,000 transmitters covering 90% of the country’s population across on estimated 70 million homes. It has more than 20,000 employees managing its metro and regional channels. Recent years have seen growing competition from many private channels numbering more than 65, and the cable and satellite operators (C & S). The C & S network reaches nearly 30 million homes and is growing at a very fast rate.
DD’s business model is based on selling half – hour slots of commercial time to the programme producers and charging them a minimum guarantee. For instance, the present tariff for the first 20 episodes of a programme Rs.30 lakhs plus the cost of production of the programme. In exchange the procedures get 780 seconds of commercial time that he can sell to advertisers and can generate revenue. Break-even point for procedures, at the present rates, thus is Rs.75,000 for a 10 second advertising spot. Beyond 20 episodes, the minimum guarantee is Rs.65 lakhs for which the procedures has to charge Rs.1,15,000 for a 10 second spot in order to break-even. It is at this point the advertisers face a problem – the competitive rates for a 10 second spot is Rs.50,000. Procedures are possessive about buying commercial time on DD. As a result the DD’s projected growth of revenue is only commercial time on DD. As a result the DD’s projected growth of revenue is only 6-10% as against 50-60% for the private sector channels. Software suppliers, advertisers and audiences are deserting DD owing to its unrealistic pricing policy. DD has options before it. First, it should remain privates, second it should remain purely public service broadcaster and third, a middle path.
The challenge seems to exploit DD’s immense potential and emerge as a formidable player in the mass media.
Questions:
- What is the best option, in your view, for DD? (5 marks)
- Analyse the SWOT factors the DD has. (5marks)
- Why do you think that the proposed alternative is the best? (5 marks)
St. Joseph’s College of Commerce B.B.M. 2014 VI Sem Management Accounting Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
End Semester examination – APRIL 2014
BBM – VI semESTER
MANAGEMENT ACCOUNTING
Duration: 3 Hrs Max. Marks: 100
Section – A
- Answer ALL the questions. Each carries 2 marks. ( 10 x 2 = 20)
- What is Management Accounting as per American Accounting Association?
- State any 4 objectives of Management Accounting.
- What is Trend Analysis?
- What is Management Reporting?
- Give the meaning of Ratio Analysis.
- Mention any 4 Balance Sheet Ratios.
- State any two uses of fund flow analysis.
- What is Cash Flow Statement?
- Distinguish between internal and external analysis.
- State the significance of Acid Test Ratio.
Section – B
- Answer any FOUR Each carries 5 marks. ( 4 x 5 = 20)
- Explain any five functions of Management Accounting.
- “Accounting Reports are a matter of necessity for the management and not a matter of convenience”. Explain critically the above statement.
- Briefly explain the following:
- Current Ratio b) Liquid Ratio c) Absolute Liquid Ratio.
- State with reasons whether the following transactions result in increase/decrease/ no change in working capital.
- Bills receivable Rs. 65,000 discounted for Rs. 63,000
- Fixed Assets Rs. 5,00 ,000 sold
- Short term loans raised Rs. 1,00,000
- Issue of shares Rs. 10,00,000 against fixed assets
- Good will written off Rs. 5000
- From the following details, prepare Land and Buildings A/c and explain the treatment of various items in the preparation of Cash Flow Statement .
- Balance in Land And Buildings A/c as at 1-4-2012 Rs. 5,60,000 and as at 31-3-2013 Rs. 8,04,000
- Purchase of Land and Buildings during the year 2012-13 Rs. 3,00,000.
- There was no sale of any land or buildings during the year.
- From the following data, compute trend percentages taking 2008 as base.
Year | Sales (Rs.) | Closing Stock (Rs.) | Profit Before Tax (Rs.) |
2008
2009 2010 2011 2012 |
2,58,680
3,53,460 3,68,550 4,12,430 4,87,560 |
1,20,580
1,25,760 1,32,540 1,34,780 1,45,730 |
55,750
63,520 65,120 72,460 87,290 |
Section – C
- Answer any THREE Each carries 15 marks. (3 x 15 = 45)
- From the following Balance Sheets of RKS Ltd, prepare comparative balance sheet and comment upon the financial position of the company
Particulars | 2012 | 2013 |
Assets:
Land and buildings Plant and Machinery Furniture Other fixed assets Cash in hand Bills receivables Sundry debtors Stock Prepaid expenses
Total |
3,70,000 4,00,000 20,000 25,000 20,000 1,50,000 2,00,000 2,50,000 – |
2,70,000 6,00,000 25,000 30,000 80,000 90,000 2,50,000 3,50,000 2,000 |
14,35,000 |
16,97,000 |
|
Liabilities
Equity share capital Reserves and surplus Debentures Long-term loans Bills payable Sundry creditors Other current liabilities
Total |
6,00,000 3,30,000 2,00,000 1,50,000 50,000 1,00,000 5,000 |
8,00,000 2,22,000 3,00,000 2,00,000 45,000 1,20,000 10,000 |
14,35,000 | 16,97,000 |
- From the following information, prepare income statement and balance sheet:
Debtors turnover ratio = 2 times
Inventory turnover ratio=1.25
Fixed assets turnover ratio= 0.8
Debts assets ratio= 0.6
Net profit margin = 5%
Gross profit margin = 25%
Return on investments = 2%
Income statement:
Particulars | Amount |
Sales
Less: Cost of goods sold Gross profit Less: other expenses EBT Less: Interest at 5% EAT |
1,00,000
– – – – – – |
Balance sheet
Equity
Long term debt Short term debt |
–
– 50,000 |
Net fixed assets
Inventory Sundry debtors Cash |
–
– – – |
- Balance sheet of Anita ltd as on 31.12.2012 and 31.12.2013 were as follows:
Liabilities | 2012 | 2013 | Assets | 2012 | 2013 |
Share capital
Share premium 8% debentures General reserves P & L account Provision for taxation Proposed dividend S. creditors |
2,00,000
– 1,00,000 50,000 50,000 30,000 20,000 50,000 |
3,00,000
10,000 50,000 80,000 70,000 40,000 30,000 70,000 |
Plant & Machinery
Land & buildings Investment Stock Debtors Cash and bank |
2,00,000
50,000 10,000 80,000 90,000 70,000 |
3,00,000
1,10,000 50,000 60,000 80,000 50,000 |
5,00,000 | 6,50,000 | 5,00,000 | 6,50,000 |
Additional information:
- Investments costing Rs. 8,000 was sold for Rs. 15,000. The profit being
credited to P & L A/c.
- An interim dividend of Rs. 20,000 was paid during the year.
- Accumulated depreciation on
31.12.2012 31.12.2013
Land & Building 30,000 40,000
Plant & Machinery 40,000 60,000
- Depreciation charged during the year
Land & Building Rs. 10,000
Plant & Machinery Rs. 20,000
- Debentures were redeemed at par
- Profit & loss account balance 2012 Rs. 50,000
Add: profit for 2013 Rs. 40,000
Rs. 90,000
Less: interim dividend Rs. 20,000
Rs. 70,000
Prepare a Cash flow statement
- The following schedule shows the balance sheets in condensed form of Machinery manufacturing ltd. At the end of the year 2012 and 2013.
Assets : | 2012 | 2013 |
Cash and bank balance
Sundry debtors Temporary investments Prepaid expenses Stock Land & buildings Machinery |
90,000
67,000 1,10,000 1,000 82,000 1,50,000 52,000 |
90,000
43,000 74,000 2,000 1,06,000 1,50,000 70,000 |
5,52,000 | 5,35,000 | |
Liabilities:
Sundry creditors Outstanding expenses 8% debentures Depreciation fund Reserve for contingencies P & L a/c Share capital |
2012
1,03,000 13,000 90,000 40,000 60,000 16,000 2,30,000 |
2013
96,000 12,000 70,000 44,000 60,000 23,000 2,30,000 |
5,52,000 | 5,35,000 |
The following information concerning the transactions is available:
- 10% dividend was paid in cash
- New machinery for Rs. 30,000 was purchased but old machinery costing Rs. 12,000 was sold for Rs. 4,000, accumulated depreciation was Rs. 6,000.
- Rs. 20,000, 8% debentures were redeemed by purchase from open market at Rs.96 per debentures of Rs. 100.
- Rs. 36,000 investments were sold at book value.
You are required to prepare schedule of changes in working capital and fund flow statement.
- The profits of Excellent ltd declined year by year. As a management accountant of the company draft a report to the management exploring the reasons for declining profit and suggest the corrective measures.
Section – D
- IV) ONE Compulsory question. (1 x 15 = 15)
22.
Michael Ltd. wants to expand its operations. It needs additional funds. However, HDFC Ltd., its banker is not in a position to provide any additional funds to it due to credit squeeze. Rather it wants the company to reduce its bank overdraft substantially preferably by 50% in the next six months. The management appoints you as a Consultant to ascertain what has gone wrong with the company and suggest appropriate measures.
The Balance sheets of the company as on 31.12.2012 and 31.12.2013 are as follows:
(Rs. In Lakhs)
Liabilities | 2012 | 2013 | Assets | 2012 | 2013 |
Share capital
Reserves 6% Debentures(Unsecured) 8% Mortgage on Freehold Property Creditors Proposed Dividend Provision for taxation Secured overdraft ( by a floating charge on assets)
|
300.00
225.00 75.00 27.00 45.00 22.50 21.00 15.00 |
300.00
240.00 75.00 14.25 45.00 23.25 37.50 82.50 |
Freehold property
Plant & Machinery Investment on shares Other investments Stock Debtors Bank |
225.00
135.00 150.00 112.50 52.50 45.00 10.50 |
240.00
165.00 150.00 112.50 75.00 75.00 — |
730.50 | 817.50 | 730.50 | 817.50 |
The following additional information for the year 2013 is relevant:
- Credit Sales 875 lakh
- Credit Purchases 520 lakh
- Overheads 83.75 lakh
- Depreciation on Plant and Machinery 17.50 lakh
- Dividend for 2012 was paid in full
- Amount paid towards taxations for the year 2013 21.50 lakh
You are required to prepare a cash flow statement and briefly comment on the financial position of the company and suggest remedial measures to overcome the financial crisis.
St. Joseph’s College of Commerce B.B.M. 2014 VI Sem Income Tax- II Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
End Semester examination – APRIL 2014
BBM – VI semESTER
Income Tax- II
Duration: 3 Hrs Max. Marks: 100 Section – A
- Answer ALL the questions. Each carries 2 marks. ( 10 x 2 = 20)
- Write the tax treatment for arrears of rent under Income from House Property
- To what extent the following are allowable deductions in computing the income of business carried on by Mr. A
- Entertainment expenditure incurred during the previous year ending 31-3-2013 is Rs. 50000
- Daily allowance given to Mohan an employee is @ 2000 per day. He was on tour for 5 days and was given Rs 10000 as daily allowance during the previous year 2012-2013.
- Ten items were presented during the previous year 2012-2013 on advertisements each costing Rs. 2000/-
- Income tax deposited in advance during the previous year 2012-2013 amounted to Rs. 10000
- What is transfer u/s 2 (47)
- Find out the indexed cost of following long term capital assets if they are sold during the previous year 2012-2013
SL.NO | Asset | Year of purchase | Cost | FMV 1/4/81 |
1
2 3 4 |
Jewellery
Bonds House Plot inherited in 85-86 |
84-85
91-92 75-76 Acquired by father in 79-80 |
1,60,000
2,00,000 1,50,000 1,00,000 |
–
– 4,00,000 2,00,000 |
CII 84-85 is 125, 1985-86 is 133, for 91-92 is 199 and 2012-2013 is 852
- What are bond washing transactions? Give two examples
- Explain any two exemptions available for Long term capital gains.
- When an individual is assessable in respect of remuneration of spouse (Sec 64 (1))
- Can revised return be filed? Explain
- What is a defective or incomplete return
- Explain Intra head adjustment and inter head adjustment of losses with exceptions
Section – B
- Answer any FOUR Each carries 5 marks. (4 x 5 = 20)
- The following are the particulars of assets at the beginning of the year
WDV as on 1/4/2012 | Rate | |
Building (non residential) | 10,00,000 | 10% |
Building (Residential) | 5,00,000 | 5% |
Furniture | 1,00,000 | 10% |
Plant and Machinery | 15,00,000 | 15% |
Motor cars | 1,00,000 | 15% |
Trucks used for own business | 27,000 | 15% |
Machinery worth Rs. 5, 00,000 was purchased and installed on 14/10/2012. One machine was sold for Rs. 45,000 during the year. The Assessee is engaged in the business of manufacturing fertilizers using Indian technical know how
One residential building was destroyed by fire during the year for which insurance company accepted a claim for Rs. 60,000
Calculate the amount of depreciation for the PY 31-3-2013.
- What is dividend? Explain dividend u/s 2(22)
- Compute income from other sources from the particulars given below:-
- Interest on deposits with a company Rs. 10,000
- University remuneration on working as examiner Rs. 6000
- Royalty for writing books Rs.60,000
He claims to have spent Rs. 20,000 on writing these books
- Dividend declared by R Co. 1/3/2013 but paid on 1/5/2013 Rs. 6000
- Interim dividend paid on 1/5/2012 Rs. 3000
- Stake money on race horses Rs. 1,50,000
Horses are maintained by him and expenses on maintenance of these horses are Rs. 2, 40,000
- Family pension Rs. 36,000.
- Mr.Varun Rampal whose gross total income is Rs. 70,00,000 (Rs. 20,00,000 as long term capital gain) makes the following donations during the previous year 2012-13
- PM national relief fund Rs. 1,25,000
- National Defence fund Rs. 2,50,000
- Municipal corporation Rs. 1,25,000
- CMC Ludhiana for promotion of Family planning Rs. 1,70,000
- Sunil Dutt – a social activist for charity purpose Rs. 50,000
- National Children Fund Rs. 40,000
- Jawaharlal Nehru Memorial fund Rs. 2,50,000
- To temple of public worship for repairs (notified) Rs. 4,00,000
Compute his total income for the AY 2013-2014
- Explain the powers and functions of the Commissioner of Income Tax
- MR.Rawat gives you the following particulars from his accounts for the year ended 31/3/2013
- Net profit as per P&L account (without charging the following items) Rs. 2,75,000
- Expenditure on family planning Rs. 45,000
- Lump sum consideration for purchase of technical knowhow developed in government laboratory Rs. 90,000
- Entertainment expenditure Rs 30,000
- Expenditure on acquisition of patent right Rs. 84,000
- Expenditure on advertisement paid in cash Rs. 18,000
- Provision for excise duty Rs. 45000 (He paid Rs. 20,000 on 27/6/2013 and Rs. 7000 on 10/11/2013. Due date of filing return Rs. 31/7/2013)
- Amount paid to Rajasthan University for an approved Research programme in the field of social science not connected with his business Rs. 32,000
Compute his business profit for the year ending 31-3-2013
Section – C
- Answer any THREE Each carries 15 marks. (3 x 15 = 45)
- Mr. G submits the following information about sale of assets during the previous year 2012-13
Asset | Residential house | Jewellery | Listed debentures |
Date of acquisition
CII Cost of acquisition Date of sale Sale price Investments: Residential house Bonds of REC |
11-3-1988
150 Rs. 2,80,000 15-5-2012 Rs. 20,00,000 Date of acquisition 19/11/2012 16/11/2012 |
1/7/1994
259 Rs. 70,000 17/5/2012 Rs. 4,00,000 Amount invested Rs. 13,00,000 Rs. 1,20,000 |
12/4/2004
480 Rs. 2,00,000 16/5/2012 Rs. 4,00,000 |
Calculate Taxable Capital Gains for the AY 2013 – 14
- From the particulars of income of Sri Madan Mohan, compute his gross total income for the AY 2013-2014.
- He owns an agricultural land in Bangladesh from which he earned an income of Rs. 6500
- He owns a plot of land in Dharwad which is let out for Rs. 1200 pm for trading purpose
- He has a building near agricultural land in a village in India. It is let out for Rs. 900 pm and used for storing agricultural equipments and for supervision of agricultural work
- He received Rs. 12500 during the year as management consulting fee
- He has a quarry in Ankola. He has let it on a royalty of 50 paise per ton of stone raised. During the year 14600 tons of stone was raised. He spent Rs. 450 to earn royalty
- He has let machinery and furniture at Rs.3000 pm. He spent Rs. 1000 on the repair of these assets. Depreciation allowed on these assets Rs. 6000
- He lives in a rented house paying a rent of Rs. 2000 pm. He has sublet 40% of this house at a rent of Rs. 1500 pm. He has paid Rs. 1000 as municipal tax on the house and spent Rs. 500 on the repairs of the whole house
- He has received an amount of Rs. 70,000 as lottery prize on 1/11/2012
- He borrowed Rs. 30000 on 1/6/2012 from a bank @ 15% p.a interest. He invested the money in the purchase of equity shares of public limited company. During the year he has not received any dividend from the company.
- From the following particulars of income of Shri M Shaw during the year 31-3-3013 ascertain his total income tax for AY 2013-2014
- As a secretary of a company, he received salary at Rs. 16000 per month and a house rent allowance of Rs. 3000 per month. He is living in a house for which he pays Rs. 4000 p.m
- He had a house property which was let out at Rs. 2000 p.m for which he had to pay Rs. 500 as ground rent and Rs. 167 as insurance charges. The house was subject to local tax at Rs. 2000 per year
- He owned a residential house since 1965 which he sold during the year at a profit of Rs. 2500
- He had some agricultural lands in the village where from he received an income of Rs. 4200
- During the year he received Rs. 750 as interest from savings account in the bank and Rs. 3550 interest on postal saving bank account
- He was a gambler and during the year he earned an income of Rs. 5900 from gambling
- From a mutual fund his dividend income is Rs. 3000
- He earned Rs. 27500 as interest from government securities
- He had a half share in an AOP and his share of profit was Rs. 7200
- He insured his life and paid Rs. 9900 as premium and donated Rs. 20000 for promotion of family planning. AOP has no such member whose individual income exceeds the exemption limit.
- Write short notes on:
- Central board of direct Taxes
- Commissioner of Income tax
- Deputy commissioner of Income tax
- Mr. Prakash is a small businessman. He gives you the following details from the books of accounts for the year ending 31-3-2013
- Computed net profit (after charging the following )Rs. 55,000
- Provisions and reserves debited to profit and loss account
- Provision for doubtful debts Rs. 30,000
- Depreciation reserve Rs. 40,000
- Household expenses Rs. 60,000
- Donation to Prime Minister’s National relief fund Rs. 20000, other charitable donations Rs. 40000
- Cheques issued for purchases Rs. 20000
- OYT deposit Rs. 10,000
- Advertisement expenses Rs. 5000 spent on a wooden signboard given to a customer, advertisement gifts to fifty customers at a cost of Rs. 100 each
- Audit fees Rs. 20000
- Patents purchased for Rs. 70,000 during the previous year
- Market survey expenses Rs. 8000. Feasibility Report expenses Rs.12000 on a new project of Rs. 1000000
- Incomes credited to profit and loss account were
- Bank interest on FD Rs. 5000
- Interest on Post office Savings Bank a/c Rs.3000
- Interest on UTI units Rs. 2000
- Opening stock is valued at cost + 10% basis where as closing stock is valued at cost -10% basis. Opening stock valued was Rs. 132000 and closing stock was valued Rs. 144000.
Compute the net business income for the AY 2013-2014
Section – D
- IV) Compulsory question. (1 x 15 = 15)
- Profit and loss account for the year ending on 31/3/2013
Particulars | Rs | Particulars | Rs. |
Salaries
Commission to employees Repairs of P & M Local taxes of house property Repairs of vehicles Expenditure on scientific research (not related to own business) Depreciation of Van @ 15% purchased and used for scientific research in own field Amount given to Delhi National Laboratory Patent right Preliminary expenses 1/10th debited Bad debts Provision for sales tax (paid on 1/11/2013) Donation to hospital for family planning Employees health insurance premium Interest on loan Contribution to RPF Entertainment expenditure for customers Advertisements in TV and magazines Travelling expenses of employees Expenses on guest house Loss due to theft from factory Loss of furniture due to fire Penalty paid for excise default Festival expenses Purchase of technical know how Wealth tax paid Depreciation on an item of P & M sold during the year @ 15% Depreciation on new item of P & M acquired on 1/7/2012 @ 15% for 9 months Depreciation on bus purchased on 1/11/2012 for 5 months @ 30% Another bus purchased on 1/6/2012 depreciation @30% for full year Net profit
|
4,50,000
1,50,000 45,000 10,000 20,000 1,30,000
40,000
30,000 2,00,000
40,000 25,000 60,000
28,000
50,000
60,000 53,000 30,000
80,000
20,000
36,000 20,000 15,000 53,000 60,000 2,00,000 68,000 15,000
27,000
45,000
1,05,000
1,42,000 |
Gross profit
Rent of 40% property let out Bad debts recovered disallowed earlier Excise duty recovered – allowed earlier Gift from uncle Profit on sale of P & M used for scientific research Post office saving bank Profit on sale of export license Sale price of P&M (15% block) |
19,00,000
40,000
20,000
15,000
40,000 67,000
5,000 1,80,000
40,000 |
Total | 23,07,000 | 23,07,000 |
- Salary includes a lump sum payment of Rs. 1,00,000 paid in cash to an employee
- Commission of Rs. 70,000 which was due on 31/3/2013 was paid as Rs. 50000 on 15/7/2013 and Rs. 20,000 on 15/11/2013
- 60% of the house property is used for own business
- Health insurance premium of employees up to Rs. 20000 was paid in cash
- Employers contribution to RPF for the month of March 2013 Rs. 2500 due on 15/3/2013 was paid on 31/3/2013
- Advertisement includes Rs. 14000 on purchase of a neon sign board on 2/10/2012
- Festival expenses include Rs. 5000 as gifts to his daughter on birth day
- Rate of depreciation for P&M is 15% and for Buses is 30%
- Date of filing return 31/7/2013
- He is also engaged in the business of hiring vehicles
Compute business income for the AY 2013-2014
St. Joseph’s College of Commerce B.B.M. 2014 IV Sem Project Management Question Paper PDF Download
- JOSEPH COLLEGE OF COMMERCE (Autonomous)
END SEMESTER EXAMINATION – APRIL 2014
BBM – IV Semester
PROJECT MANAGEMENT
Duration : 3 hrs Max. Marks: 100
Section – A
- Answer ALL the Each carries 2 marks. (10×2=20)
- What is Work Break down Structure?
- What is an Economic Audit?
- Mention four leading indicators of Industrial sickness.
- How should a management approach a fog and a movie type of project?
- Give examples of incentives that result due to commercial policies.
- Mention eight main sources of Project Finance.
- What is Normal time and Crash time?
- What does a Project Family Tree comprise of?
- What are the reasons for growth of Project Management?
- What is Social cost and Social Cost Benefit Analysis?
Section – B
- II) Answer any FOUR Each carries 5 marks. (4×5=20)
- What is a contract? Explain the types of Project contracts.
- Explain the concept of Post project Audit.
- What are the essentials of a good Project Information System?
- What are the advantages of using Computer based Project Management?
- Explain Project Planning and Project Scheduling.
- Popularly known as the knowledge areas of Project Management, explain the nine sub-systems of Project Management.
- Explain the kinds of Project Risks.
Section – C
III) Answer any THREE questions. Each carries 15 marks. (3×15=45)
- A. Explain in brief the types of Organisational Structure found in Project Management.
- Explain the concept of Matrix type of Organisational structure in detail.
- The term ‘Project Participants’ includes everyone who has a role to play in the project. Having said this, explain the role of important participants in Project Management.
- Project Formulation comprises of four stages. Explain them.
- Explain the stages of Project Life Cycle.
- What is Project Management? Explain the benefits of Project Management. How can one achieve effective Project Management?
Section – D
- IV) Compulsory question – Case study. (1×15=15)
- A manufacturer of blood testing devices was scheduled to undergo an ISO audit of its Quality Management System (QMS). The successful completion of the audit would allow the company to sell its products to the European market. As part of the ISO 13485 certification program, a cross-functional team of regulatory, R&D, and production experts had developed 26 procedural documents that defined the standards and policies of its QMS. But as the audit approached, management realized that there was a gap in the audit preparation. In order to make certification more likely, the team needed a way to clearly communicate the QMS to the auditor. Toward that end, the team recognized the need to illustrate the key process interdependencies, inputs, and outputs for each of the 26 procedures; as such an illustration would visually depict who had to do what and when, to ensure successful performance of the QMS. The in-house team attempted to develop the required document map. However, due to the complexity of the task, especially when trying to coordinate activities across functions, they produced a document map of the document management process that resembled the proverbial “spaghetti bowl.” With less than one month to go before the audit, the company engaged Integrated Project Management Company, Inc. (IPM) to help.
Questions:
- Identify what is this case all about and write down the facts of the case.
- What is the issue addressed in this case? Also, identify the reasons that could have lead to this problem.
- What solutions would you suggest? Kindly justify your solutions.
- Explain the implications from the point of view of every stake holder.
St. Joseph’s College of Commerce B.B.M. 2014 IV Sem Financial Markets And Services Question Paper PDF Download
- JOSEPH COLLEGE OF COMMERCE (Autonomous)
END SEMESTER EXAMINATION – MARCH/APRIL 2014
BBM – IV Semester
FINANCIAL MARKETS AND SERVICES
Duration: 3 Hours Max. Marks: 100
SECTION – A
- I) Answer ALL the Each carries 2 marks. (10 x 2 = 20)
- Well developed financial markets consisting of both deep and liquid markets are essential for a balanced financial system.
- Write any four differences between Discounting and Factoring.
- Explain four functions of a Stock Exchange.
- Merchant Banking, although non-banking financial activity, resembles banking function.
- Mention four differences between Futures and Options.
- What is NASDAQ?
- Write a note on CRISIL.
- How does a financial institution help a business to manage its accounts receivables?
- Mention four Regulatory Functions of SEBI.
- i) After the collapse of Satyam it was taken over by ——————–.
- ii) —————- has bought messaging app in a deal worth a total of $19bn (£11.4bn) in cash and shares.
SECTION – B
- II) Answer any FOUR Each carries 5 marks. (4 x 5 = 20)
- What are the differences between an Operating Lease and Financial Lease?
- Write a brief note on five kinds of Option Contracts.
- Mention five advantages and disadvantages of Listing of Shares.
- What are Financial Services? Explain its Features. Give two examples.
- What financial service does the following pie-chart represent? Write a note about the same.
- Explain the features of Factoring.
SECTION – C
III) Answer any THREE questions. Each carries 15 marks. (3 x 15 = 45)
- Explain any TEN functions of Merchant Banking.
- Write a brief note on the following:
- Private Placements
- Any three Kinds of Risks associated with Derivatives
- Tripartite Lease
- Moody’s and S&P
- Certificate of Deposits and Commercial Papers
- Briefly discuss the various stages in Venture Capital Financing.
- What are the objectives of Credit Rating? Explain also the procedure for Credit Rating.
- Write about any five capital market instruments.
SECTION – D
- IV) Compulsory question. (15 marks)
- Credit rating started in USA in the late 19th century when early rating agencies began publishing financial analyses on railroad companies. The concept came to India in 1987 with the setting up of CRISIL. But the turn of the 21st century brought a slew of problems for the credit rating agencies (CRAs) as they failed to detect signals of the collapse of companies like Enron Corp., King Fisher Airlines, and so on. The credit worthiness of the rating agencies and validity of the processes and methodologies adopted for rating began to be questioned and demands for strengthening regulations began to be made. The government began to pressurise SEBI to re-examine the role of credit rating agencies and proposed greater oversight of the rating firms’ anticompetitive practices and conflicts of interest. A few critics also proposed establishing a separate regulatory set-up to monitor the rating agencies. The major question revolved around the extent of regulatory involvement in ensuring the safety and soundness of the rating process. Experts felt that these regulations would change the very nature of the rating industry in the India.
Questions:
- What are the objectives of CreditRating?
- Discuss the credibility of credit rating agencies.
- What can be the solution, in your opinion, to the above mentioned setback?
St. Joseph’s College of Commerce B.B.M. 2014 IV Sem Cost Accounting Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATIONS –APRIL 2014
BBM – IV SEMESTER
COST ACCOUNTING
Duration: 3 Hrs Max. Marks: 100
Section – A
- Answer ALL the Each carries 2 marks. (10×2=20)
- Define the term ‘cost center’.
- What is single output or unit costing?
- Distinguish between allocation and apportionment of overhead?
- State what is meant by ‘Uncertified’ work?
- What is ‘Retention money’? Why is it retained?
- What is inter-process profit?
- Explain what is meant by abnormal process loss? Give examples.
- Calculate the total earnings and the effective wage rate per hour of a worker under Halsey plan:
Time allowed: 50 hours
Time taken : 40 hours
Rate per hour: Rs 10
- A transport company maintains a fleet of Lorries for carrying goods from Bangalore to Mysore, 100 kms off. Each lorry which operates 25 days on an average in a month, starts every day from Bangalore with a load of 4 tons and returns from Mysore with a load of 2 tons
- (a) Compute the total commercial ton kms.
- (b) What would be the cost per commercial ton –km when the total monthly charges for a lorry are Rs 27,000?
- From the following particulars ascertain the labour cost per day of 8 hours:
- Basic pay – Rs 200 per month
- Leave pay – 5%
- Employers contribution to provident fund – 10.5% of (a) and (b)
- Other amenities – Rs 17.95 per head per month.
- Working hours in a month – 200
Section – B
- II) Answer any FOUR Each carries 5 marks. (4×5=20)
11) A Company manufactures a special product which requires a component ‘Alpha’.
The following particulars are collected for the year 2013:
- Annual demand of Alpha 8,000 units
- Cost of placing an order Rs 200 per order
- Cost per unit of Alpha Rs 400
- Carrying cost % p.a 20 %
The company has been offered a quantity discount of 4% on the purchase of Alpha provided the order size is 4,000 components at a time
You are required to :
- Compute the EOQ.
- Advise whether the quantity discount offered can be accepted.
12) A machine is purchased for cash at Rs. 9,200. Its working life is estimated to be
18,000 hours after which its scrap value is estimated at Rs. 200. It is assumed from
past experience that :
(a) The machine will work for 1,800 hours annually.
(b) The repair charges will be Rs. 1,080 during the whole period of life of the machine.
(c) The power consumption will be 5 units per hour at 6 paisa per unit.
(d) Other annual standing charges are estimated to be:
Rs.
- Rent of department (machine occupies 1/5th of total space) 780
- Lighting (12 points in the department – 2 points engaged in the machine) 288
- Foreman’s salary (1/4th of his time is occupied in the Machine) 6,000
- Insurance premium (fire) for machinery 36
- Cotton waste 60
Find out the machine hour rate on the basis of above data for allocation of the work expenses to all the jobs for which the machine is used
13) A manufacturing company runs its boiler on furnace oil obtained from X oil company and Y oil company whose depots are situated at a distance of 24 kms and 16 kms from the factory site respectively.
Transportation of furnace oil is made by company’s own tank lorries of 8 ton capacity each. Onward trips are made only with full load and the lorries return empty. The filling time takes an average of 40 minutes for X Oil Company and 30 minutes for Y oil company. The empty time in the factory is only 40 minutes for each. The average speed of the lorries is 24 kms per hour. The varying operating charges average 80 paise per km covered and fixed charges gives an incidence of Rs 7.50 per hour of operation.
Calculate the transportation cost per ton km for each source of furnace oil.
14) Using Taylor’s differential piece rate system, find the earnings of Amar, Akbar and Ali from the following particulars
Normal rate per hour Rs. 9.00
Standard time per unit 20 minutes
Output per day is as follows:
Amar : 23 units
Akbar : 24 units
Ali : 30 units
Working hours per day are 8.
Differentials to be applied : 83% of piece rate below standard
: 125% of piece rate above standard
15) Two components, A and B, are used as follows:
Normal Usage: 350 units per week each
Minimum Usage: 175 units per week each
Maximum Usage: 525 units per week each
Re-Order Quantity: A- 2100 units
B- 3500 units
Re-Order Period: A- 6 to 8 weeks
B- 3 to 5 weeks
Calculate for each component:
(a) Order level (b) Minimum Level
(c) Maximum Level (d) Average Stock level
16) XYZ Co. employs its workers for a single shift of 8 hours per day for 25 days
In a month. The company has recently fixed the standard output of 40 units per day per worker for a mass production item and introduced an incentive scheme to boost output. Details of wages payable to the worker are as follows :
- Basic wages : Rs 3 per unit subject to a guaranteed minimum wages of
Rs 80 per day worked
- Dearness allowance : Rs 40 per day worked
Incentive Bonus:
- For efficiency upto 80% : Nil
- For efficiency above 80% : Rs. 50 for every 1% increase above 80%
The details of performance of 2 workers for a particular month are as follows:
Workers No of days worked Output (units)
A 25 820
B 18 500
Calculate the total earnings of both the workers for the month.
Section – C
III) Answer any THREE questions. Each carries 15 marks. (3×15=45)
17) In respect of a factory the following particulars have been extracted for the year 2013:
Rs.
Cost of materials 3,00,000
Wages 2,50,000
Factory overheads 1,50,000
Administration charges 1,68,000
Selling charges 1,12,000
Distribution charges 70,000
Profit 2,10,000
A work order has to be executed in 2014 and the estimated expenses are :
Materials Rs 16,000, Wages Rs 10,000.
Assuming that in 2014, the rate of the factory overheads has gone up by 20%, distribution charges have gone down by 10% and the selling and administration charges have each gone up by 12 ½ %, at what price should the product be sold so as to earn the same rate of profit on the selling price as in 2013?
Factory overheads are based on wages and all other overheads are based on factory cost.
18) Prepare the Stores Ledger Account for the month of December from the following transactions relating to the receipts and supplies of the material on the basis of:
(a) Simple Average price (b) Weighted average price
RECEIPTS:
Date Quantity Rate
2 Dec 2000 kgs Rs. 10 per kg
6 Dec 300 kgs Rs. 12 per kg
10 Dec 200 kgs Rs. 14 per kg
22 Dec 300 kgs Rs. 11 per kg
ISSUES:
Date Quantity
9 Dec 1200 kgs
11 Dec 1000 kgs
31 Dec 200 kgs
19) Prestige construction Ltd. With a paid share capital of Rs. 50,00,000 undertook a contract to construct Joseph apartments. The work commenced on the contract on 1st April 2013. The contract price was Rs. 60,00,000. Cash received on account of the contract upto 31st March 2014 was Rs. 18,00,000 (being 90% of the work certified). Work completed but not certified was estimated at Rs. 1,00,000. As on 31st march, 2014 materials at site was estimated at Rs.30,000, machinery at site costing Rs. 2,00,000 was returned to the stores and wages outstanding were Rs.5,000. Plant and machinery at site is to be depreciated at 5%. The following were the ledger balances (Dr.) as per trial balance as on 31st march, 2013.
Land and building | 23,00,000 |
Plant and machinery (60% at site) | 25,00,000 |
Furniture | 60,000 |
Materials | 14,00,000
|
Fuel and power | 1,25,000 |
Site expenses | 5,000 |
Office expenses | 12,000 |
Rates and taxes | 15,000 |
Cash at bank | 1,33,000 |
Wages | 2,50,000 |
Prepare a contract account and the balance sheet at the end of the year.
20) A product passes through three processes- A ,B and C .The details of expenses incurred on the three processes during the year 2013 were as under:
A B C
Units Issued 20,000
Rs. Rs. Rs.
Cost per unit 0.50
Materials consumed 6,000 4,000 2,000
Direct Labour 8,000 6,000 3,000
Manufacturing expenses 1,000 1,000 1,500
Actual output of the three processes was: Process A-19,500 units; Process B-18,800 units; Process C-16,000 units. There is no work in progress in any process.
The normal loss of the three processes, calculated on the input of every process was: Process A-2%, Process B-5%, Process C-10%.
The loss of Process A and B was sold at Rs.5 per 100 units and that of Process C at Rs.20 per 100 units.
Prepare:
- Process A,B and C accounts
- Abnormal loss account
- Normal loss account
- Abnormal gain account.
Calculations should be made to the nearest rupee.
21) Mr Furqan has been promised a contract to run a tourist car on a 20 km long route for the chief executive of a multinational firm. He buys a car costing Rs. 1,50,000. It has been insured at 3%p.a and the annual tax will amount to Rs. 900. He has to pay Rs 500 per month for a garage where he keeps the car when not in use. The annual repair costs are estimated at Rs 4,000. The car is estimated to have a life of 10 years at the end of which the sale value is likely to be Rs 50,000.
He hires a driver who is to be paid Rs 300 p.m in addition to 10% of the takings as commission. Other incidential expenses are estimated at Rs 200 p.m.
Petrol and oil will be Rs.100 per 100 kms. The car will make 4 round trips each day. Assuming 15% profit on takings is desired and that the car will be on the road on an average of 25 days in a month ,what should be the charge per round trip? Show all working clearly.
Section – D
- IV) Compulsory question (1×15=15)
22) Modern Manufactures Ltd have three Production Departments P1 ,P2, P3 and two Service Departments S1 and S2 details pertaining to which are as under:
P1 | P2 | P3 | S1 | S2 | |
Direct wages (Rs) | 3,000 | 2,000 | 3,000 | 1,500 | 195 |
Working hours | 3,070 | 4,475 | 2,419 | – | – |
Value of machines (Rs) | 60,000 | 80,000 | 1,00,000 | 5,000 | 5,000 |
H.P. of machines | 60 | 30 | 50 | 10 | – |
Light points | 10 | 15 | 20 | 10 | 5 |
Floor space (sq.ft) | 2,000 | 2,500 | 3,000 | 2,000 | 500 |
The following figures extracted from the Accounting records are relevant:
Rent and Rates | 5,000 |
General Lighting | 600 |
Indirect Wages | 1,939 |
Power | 1,500 |
Depreciation on Machines | 10,000 |
Sundries | 9,695 |
The expenses of the Service Departments are allocated as under
Particulars | P1 | P2 | P3 | S1 | S2 |
S1 | 20% | 30% | 40% | – | 10% |
S2 | 40% | 20% | 30% | 10% | – |
Find out the total cost of product X which is processed for manufacture in Departments P1 ,P2, P3 for 4,5 and 3 hours respectively, given that its Direct Material Cost is Rs. 50 and Direct Labour Cost is Rs. 30.
St. Joseph’s College of Commerce B.B.M. 2014 IV Sem Business Law Question Paper PDF Download
- JOSEPH COLLEGE OF COMMERCE (Autonomous)
END SEMESTER EXAMINATION – MARCH/APRIL 2014
BBM – IV Semester
BUSINESS LAW
Duration : 3 hrs Max. Marks: 100
Section – A
- I) Answer ALL the following questions of 2 marks each. (10×2=20)
- Explain the term ‘Obiter dictum’
- What is statement in lieu of prospectus?
- Define Foreign Exchange as per FEMA Act 1999.
- Define consumer dispute as per COPRA 1986.
- Who is a True and First inventor as per Patents Act 1970?
- What is the meaning of Consensus ad idem?
- What is meant by i) Novation ii) Remission ?
- What is anticipatory breach of contract?
- Define a Government Company as per Indian Companies Act.
- P says to Q, “I will sell you a camera”. P owns three different types of cameras
of various prices. Is it a valid offer? Give reason.
Section – B
- II) Answer any FOUR Each carries 5 marks. (4×5=20)
- Write a note on the contents of the Memorandum of Association.
- Distinguish between coercion and undue influence.
- What are the objectives of Consumer protection Act 1986?
- Distinguish between a sale and agreement to sell.
- Examine the salient features of the Foreign Exchange Management Act?
- Explain the various sources of Indian Business Law.
Section – C
III) Answer any THREE questions. Each carries 15 marks. (3×15=45)
- “A contract shall not be enforced if the court regards it as opposed to public policy” Discuss.
- Briefly explain the various steps involved in the formation of a company.
- AMUL Milk Federation has developed a process for large scale conversion of milk. How can the patent be obtained? Explain.
- Who is an Unpaid Seller? What are the rights of an Unpaid Seller? Explain.
- “If a contract is broken, the law will endeavour so far as money can do it, to place the injured party in the same position as if the contract has been performed” Discuss.
Section-D
- IV) Compulsory question – Case study. (1×15=15)
- Mr. Amanullah, bought a IFB Washing machine for Rs. 25,000 in Jan 2013 from
R.S. Enterprises, Bangalore, authorized dealers of the company. The machine
started giving trouble right from the time of its installation, and on 12th Feb
2013, it started to burn leading to a major fire.
Executives and loss assessors sent by the manufacturer inspected the
damage and estimated the total loss at Rs. 90,000.
However, IFB rejected the claim for compensation on the ground that
there was no manufacturing defect. They also contended that the wiring system
in the complainant’s house was defective.
But Mr. Amanullah was using a number of consumer durables such as
water heater and air-conditioner for many years and they were working
properly.
Questions :
- What can Mr. Amanullah do? Where can he file a complaint?
- How can he file a complaint and what reliefs are available to him?
- What are the functions of Consumer Protection Councils?
St. Joseph’s College of Commerce B.B.M. 2014 IV Sem Business Research Methodology Question Paper PDF Download
- JOSEPH COLLEGE OF COMMERCE (Autonomous)
END SEMESTER EXAMINATION – APRIL 2014
BBM – IV Semester
BUSINESS RESEARCH METHODOLOGY
Duration : 3 Hrs. Max. Marks: 100
Section – A
- Answer ALL the questions. Each carries 2 marks. (10 x 2 = 20)
- Narrate the reasons to support the argument that research is essential to address the problems faced by companies?
- In what order will you make the following entries in the bibliography
- “An Examination of the Comparative Reality of Performance Rating ” Walter C. Borman, Journal of Applied Psychology, Vol.12 No. 7 pp 158-77 Oct. 2013
- “India Unbound” , Revised and updated edition, 2002, Gurcharan Das, Penguinbooks.
- Explain the term “population parameter’ with proper examples..
- What are the main aims of sampling?
- State the advantages a researcher gets while depending on primary data.
- Explain the term ‘coding’ with suitable examples. What is the purpose behind coding.
- Illustrate the meaning of “level of significance” with suitable examples ?
- Which of the following statements is a null hypothesis? State your reasons.
- The population proportions of Agra and Allahabad differ in wheat consumption.
- The population proportions of Agra and Allahabad do not differ in wheat consumption.
- What is meant by “glossary of terms” and in which part of the research is it normally found?
- What is a “footnote’ and where does it appear in a report?
Section – B
- Answer any FOUR questions. Each carries 5 marks. (4 x 5 = 20)
- Suppose you are working as Assistant HR Manager of Asia Pacific Sports goods company. To improve competitiveness in the market, the management wants to revamp the entire functioning of the HR division of the company. You are asked to make close association with the agency conducting research. To ensure research to be of value, what essential features of research should you ensure that the agency is adhering to?
- Discuss the characteristics of a good sample design.
- Rahul wants to conduct a research on bank fraud happening in commercial banks. What would be the source of information that would assist him in the task? State which source of data will help him in his endeavour. Briefly state the difference between primary and secondary data.
- What is meant by editing? What is the purpose behind editing?
- State the important principles that are to be followed while preparing a table.
- Discuss what is meant by “end notes” and what are the items presented in this section.
Section – C
III. Answer any THREE questions. Each carries 15 marks. (3 x 15 = 45)
- A very successful business person who was not fortunate enough to have higher level academic qualifications is searching for a business opportunity to export cotton cloths to Dubai. Will you advise this person about the desired sequence of steps that are to be undertaken for carrying out a proper research before signing any technical collaboration with a foreign concern.
- Discuss on the various non-probability and probability sampling techniques with suitable examples.
- What do you understand by classification of data and what are its objectives? Elucidate different methods of classification of data?
- What should be the ideal structure of a research report?
- In an anti-bacterial campaign in a certain area, a new chemical drug was administered to 812 persons out of a total population 3248. The number of affected cases reported is shown below
Application of the drug | |||
Affected | Not affected | Total | |
Drug | 20 | 792 | 812 |
No drug | 220 | 2216 | 2436 |
Total | 240 | 3008 | 3248 |
Discuss the usefulness of the drug in checking bacterial infection.
Given for v =1, X2 0.05 =3.84, v =2, X2 0.05 =5.99
Section – D
- Compulsory question – Case Study (1 x 15 = 15)
- In the following situations, decide what is the most appropriate method of data collection. State your reasons for recommending a particular method and what all sources are most appropriate.
- Mr. Ramesh is conducting a study on the index of Chicago Mercantile Exchange on gold pricing and its impact of gold pricing under the Indian situations.
- Ms. Chandana is interested in understanding the problems of marginalized women entrepreneurs due to financial exclusion by nationalized banks.
- Ms. Carol and Mr. Pramod, two researchers, are investigating on latest Retail Store Display tactics to attract new customers so as to advise their clients.
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End Semester Examination – April 2014
BM 401: BBM (Fourth Semester)
BUSINESS RESEARCH METHODOLOGY –ANSWER KEY
Section – A
- 1. Identify and find solutions to problems. 2. To help making decisions. 3. To find alternate strategies.
- To develop new concepts.
- Books:
- Das, Gurcharan (2002) “India Unbound”, Penguinbooks, Revised and updated edition, 2002.
Journals
- Borman, Walter C. (Oct. 2013) “An Examination of the Comparative Reality of Performance Rating” Journal of Applied Psychology, Vol.12 No. 7 pp 158-77 .
- Parameter is a characteristic of the population, eg., mean, standard deviation, proportion etc.,
- The basic objective of sampling is to draw inferences about population. Sampling helps to understand the characteristics of the population.
- First hand information- reliable information- useful in knowing opinion attitudes of people- starting point of collection of information.
- After editing, the responses to individual questions are assigned symbols or numbers, which is referred to as coding. Coding helps to put responses into a limited number of categories or classes. E.g., question about marital status has two answers,.i.e., i) yes and ii) No. Researcher may code 1 to Yes and 2 to No.
- The confidence with which null hypothesis is accepted or rejected depends on significance level. It is the probability of rejecting a null hypothesis when it is true. For instance, when LOS is .05, the statistician will be rejecting true null hypothesis 5 times out of every 100.
- Ho: ii. The population proportion of Agra and Allahabad do not differ in wheat consumption
Hypothesis is of no difference is Null Hypothesis.
- Glossary of terms is usually part of research Report. It contains a word list of specific terms and technical jargons used in the report.
- Footnote is part of main report and appears at the bottom of a page or at the end of the main text. This refers to a source that the author has referred to or it may be an explanation of a particular referred to in the text
Section – B
- 1. Clearly stated purpose. 2. A systematic and detailed plan of investigation 3. A logical system of data collection. 4. The study should be unbiased, objective and neutral. 5. Maintain high ethical standard.6. the study should be replicable.
- Representation of population- variance between variables is small- free from bias- conform with the subject matter- based on past and practical experiences.
- Secondary information.
Primary Source | Secondary Source |
1. latest information | Relates to a past period |
2. Apt for the study (tailor made) | Usually not apt for the study |
3. Always not feasible | Some times more processed information available |
4. Efforts of data collection more | Can be taken effortlessly, |
5. Expensive | Inexpensive |
- Editing ensures that all relevant data are included and irrelevant are excluded. Errors and omissions are detected and corrected as far as possible. Purpose: Ensure i. Completeness, ii. Consistency, iii. Accuracy, iv. Homogeneity.
- i. Table No., ii. Title, iii. Captions and Stubs [Caption =column heading, Stubs= row heading]
iv Head Notes – clarifies contents of the table. E.g., in millions, in hectars etc. v. Body – figures, sub totals . vi. Source: Source of information.
- End notes provides all supportive material in the study. Some common details are: i) Appendices (consists of secondary information and primary data). Ii. Bibliography. iii. Footnote. iv. Glossary of terms.
Section C
- Formulating research problem-extensive literature survey- Development of working hypothesis- preparing research design- determining sample design- collecting data- execution of project- Analyzing of the data- Hypothesis testing- Generalization and interpretation- preparation of report or thesis.
Non-probability sampling techniques: convenience samples- judgment samples- Quota samples – Snow ball sampling. Probability sampling techniques: Simple random sampling: [i. Lottery method, ii. Random number table Method (Mechanical Randomization), Stratified random sampling, Systematic random sampling. Cluster sampling, Multistage sampling.
- The process of arranging and data in groups or classes according to resemblances and similarities is called classification of data. Objectives: 1. To simplify complexities, 2. To bring out points of similarity, 3. To facilitate comparison, 4. To bring out relationship, 5. To prepare basis for tabulation. Methods of classification: Classification based on: 1. Attributes, 2. Variables, 3. Geographical, 4. Chronological.
- 1. Preliminary section: i. title page, ii. letter of authorization, iii. Table of contents, declaration, iv. Acknowledgements. 2. Background section: i. Introduction and back ground, ii. Review of literature iii. Problem statement, iv. Objectives and scope. 3. Methodology section: i. research design, ii. sampling design, iii. Data collection, iv. Data analysis tools used. 4. Analysis and interpretation. 5. Findings, Conclusion and Suggestions. 6. Appendices, glossary. 7. Bibliography.
H0: The new drug is not effective in checking bacterial infection.
Ha: The new drug is effective in checking bacterial infection.
Expected frequency
60 | 752 | 812 |
180 | 2256 | 2436 |
240 | 3008 | 3248 |
O | E | (O-E)2 | (O-E)2/E |
20 | 60 | 1600 | 26.667 |
220 | 180 | 1600 | 8.889 |
792 | 752 | 1600 | 2.128 |
2216 | 2256 | 1600 | 0.709 |
38.393 |
Calculate value of X2 =38.393. Table value of X2 = 3.84
Calculate value of X2 is greater than the table value . Hypothesis is rejected. The new drug is effective in checking bacterial infection.
22.A. (Secondary Information).
- (Primary data and secondary data).
- (Observation, web browsing)
St. Joseph’s College of Commerce B.B.M. 2014 II Sem Banking And Insurance Question Paper PDF Download
- JOSEPH COLLEGE OF COMMERCE (Autonomous)
END SEMESTER EXAMINATION – APRIL 2014
BBM – IV Semester
BANKING AND INSURANCE
Duration : 3 hrs Max. Marks: 100
Section – A
- Answer ALL the Each carries 2 marks. (10×2=20)
- What is a Scheduled bank?
- Explain any four monetary tools of RBI.
- What do you mean by holder in due course?
- What is Re-insurance?
- Elucidate on any two risk handling techniques.
- Differentiate between an underwriter and an actuary.
- Name any four areas where actuaries work.
- What is the eligibility to register as an agent?
- Explain any two forms of general relationship shared between a banker and customer.
- What do you mean by management of deposits?
Section – B
- II) Answer any FOUR Each carries 5 marks. (4×5=20)
- Explain the types of banks based on organization structure.
- What are the factors to be considered while advancing a loan?
- Bring out the special relationship between the banker and the customer.
- Differentiate between Reinsurance and Double insurance.
- Write a short note on RMIS.
- Analyse the rights and duties of an insurance agent.
Section – C
III) Answer any THREE questions. Each carries 15 marks. (3×15=45)
- What are the different types of risks and what are the steps taken to control risk?
- Throw light upon the principles of Insurance.
- Ganesh sells a truck to Chandru.
In lieu of this Chandru draws a cheque for Rs10,00,000 and gives it to Ganesh. Ganesh loses the Cheque.A day after the loss of the cheque, the money had left Chandru’s account.
What should Chandru do in future in order to protect his cheques? What are the different kinds of instructions a drawer can give the banker on the face of a cheque?
- “ Reserve Bank of India is the apex bank of the country.” Elucidate on the functions of RBI.
- Explain the different types of Insurance.
Section – D
- IV) Compulsory question – Case study. (1×15=15)
22.
The environment within which financial institutions operate has changed
in recent years. It is now one of:
◗ increased competition,
◗growing product commoditisation, and
◗ diminishing margins.
Banking customers have also changed in recent years. Customers are more knowledgeable, sophisticated, and assertive. They demand higher levels of customer service, are less loyal, and more inclined to switch to a competitor. Modern customers require flexibility in hours of operation, greater convenience, customisation, transparency, accessibility, and control.Competition to attract new customers is fierce. With so many different financial institutions to choose from, consumers can now demand better quality services and more customised products from their banks. Within AIB, this has led to a shift in business focus from transactional to relationship marketing. At AIB the customer is at the centre of all business activities and the bank has organised to position staff to meet the needs of customers in a highly customised and responsive manner.
AIB Group is Ireland’s leading banking and financial services organisation. It employs approximately 25,000 people worldwide in more than 800offices. AIB has approximately 1.5m active customers.AIB has access to information about its customers’ financial history andtheir dealings with the bank, as well as demographic information. Thisinformation is updated regularly. Analysing this data can help the bankidentify the customers’ present and future financial needs. This deeperunderstanding of customers helps the bank provide solutions to meet
individual customer needs. A successful CRM ( Customer relationship management) system involves all people,processes, and information technology associated with marketing, sales,and customer service.
AIB’S CRM STRATEGY:
AIB recognises that customers are the lifeblood of thebusiness and that the way to protect and grow itscustomer base – and ultimately its profitability – is to build
strong customer relationships through delivery of superiorquality service and to meet customer needs better than thecompetition.The CRM approach adopted by AIB focuses on maximizing value for the customer and the bank.
Research has shown that the key drivers ofcustomer loyalty are positive staff attitude; honesty, integrity, and reliability;proactive advice and delivery of promise; consistent delivery of superior qualityservice; simplicity and ease of doing business; good after-sales service; and a fair and efficient complaints resolution policy.AIB has approximately 1500 Relationship Managers, eachdesignated as the prime contact for an assigned group ofcustomers. Relationship managers proactively contact customers and offer customised products and services in a timely manner. Understanding thecustomers growing needs for choice, convenience, and an anytime/anywhere banking service, AIBprovides access for customers to products andservices through a number of other deliverychannels such as the 24-hour call centre, internet, and ATM network. The relationship managers, branch service staff, and call-centre staff have participated in CRM training andhave developed their relationship and service skills, toenhance their customer interactions, employees have more time to serve customers and fulfil orders,have higher satisfaction ratings.
CONCLUSION
By developing and utilising an effective CRM system, AIB has positioneditself as a leading provider of superior quality financial products andservices. AIB observed the changing financial services industry and itscustomers and adapted accordingly. It has been successful because AIB wasflexible enough to change its overall business strategy. Staying abreast ofcurrent industry and market trends while focusing on your most valuableasset, your customers, is proving a smart way to stay ahead in business.
Questions:
- Write a short note on the relationship between banker and customer.
- Do you think CRM enhances the relationship shared between the banker and customer? How?
- What are the benefits of CRM for the customers, employees of AIB and for the company as a whole?
St. Joseph’s College of Commerce B.B.M. 2014 II Sem Principles Of Marketing Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – APRIL 2014
BBM – II SEMESTER
PRINCIPLES OF MARKETING
Duration: 3 Hours Max. Marks: 100
SECTION – A
- Answer ALL the following questions. Each carries 2 marks. (10 x2 = 20)
- Differentiate between advertising and sales promotion.
- Give two examples of Co-branding.
- Distinguish between length and depth of product mix.
- What do you mean by Horizontal Marketing Systems?
- What is Brand Equity?
- What is ‘kiosk marketing’?
- What are the functions of packaging?
- What is ‘price skimming’?
- What are the steps involved in the consumer buying process?
- Explain the concept of ‘social media marketing’.
SECTION – B
- Answer any FOUR Each carries 5 marks. (4 x 5 = 20)
- Explain PLC (Product Life Cycle) with the help of a diagram.
- Explain the different levels of products using a diagram.
- What are the major product line decisions?
- Explain briefly the functions and flows in a marketing channel.
- What are the advantages and disadvantages of franchising?
- Discuss three Brands that failed due to poor integration of the marketing mix elements.
SECTION – C
- Answer any THREE Each carries 15 marks (3x 15=45)
- Explain the process of ‘New product development’ in detail.
- Discuss the importance of promotion mix in marketing. Explain its components.
- What are the different methods of price determination?
- Company ABC has a dominant share in the Indian snack market and also owns many successful brands. The company has decided to enter the market of frozen foods, as this is quite successful in the West. You have been appointed as the marketing head of this company. Devise a marketing plan for the same.
- Discuss how market segmentation, target marketing and positioning are interrelated. Give examples.
SECTION – D
- Compulsory Question – Case study (15 marks)
22. Tupperware, Quantum and Direct Educational Technologies India
Direct selling companies have grown both in size and in number in India, with around 20 of them becoming members of the India Direct Selling Association (IDSA). The number of sales people increased to 16.73 lakhs. However, the companies faced the problem of people joining, but not engaging themselves actively, or even opting out of business. Of the 16.73 lakhs, only 8.75 are active sales people, i.e., people who buy or sell at least once in two months. The dropout rate is quite high for Tupperware, as for the rest of the industry. A lot of people leave and then rejoin after some time. While the problem may be huge for some players, it is not so for all. Amway India has a dropout of 0.5 per cent and an active sales force of 4.5 lakhs people. People leave the profession in around one and a half years.
At present there are about 400 types of products with over 1,700 variants being sold by these companies. The latest to join the list is insurance. While most companies sell cosmetics, personal hygiene and home care products and supplements, there are some that sell semi-precious jewellery (Quantum International Ltd), educational products and multimedia (Direct Educational Technologies India Pvt Ltd). While most players work on the multi-level sales method, whereby their sales people can add on any number of people who in turn take on more, there are some players such as Tupperware who work on a single level sales method. Tupperware works in single level, two-tier sales method. A person joins Tupperware as a Consultant and on doing a certain level of business, graduates to be a manager. Tupperware restricts the number of managers to 2,000-2,500 in the country.
The single level method may not reap large benefits for the sales person. In the multi-level method, there is no restriction on the number of people one can make to join. An infinite number of sales people can be added and thus, one keeps moving up the chain.
The kind of success these companies have seen in India is only the tip of the iceberg. Mexico, which has a similar socio-economic level and a tenth of India’s population, has a turnover of over Rs 15,000 crore. The potential for the direct selling Industry in India is huge. However, for the sector to grow faster these companies have been seeking a specific legislation. The legislation would prevent fraudulent companies from conducting a business in the country and also help in channelizing growth.
Questions:
- Enumerate the success that Tupperware has enjoyed in India through direct marketing.
- Can e-mail and video devices be used as an aid in employing the techniques of Public Relations in Tupperware? Support your answer with justifications for your stand.
- Discuss the recent trends in promotional mix.
St. Joseph’s College of Commerce B.B.M. 2014 II Sem Macro Economics Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – APRIL 2014
BBM – II SEMESTER
MACRO ECONOMICS
Duration: 3 Hours Max. Marks: 100
SECTION – A
- Answer ALL the following questions. Each carries 2 marks. (10 x2 = 20)
- What is meant by disguised unemployment?
- Define National income.
- What is meant by Economic growth?
- Give the meaning of human development index.
- Explain any two characteristics of direct taxes.
- State any two features of mixed economy.
- What is meant by a Budget?
- Give an example of direct and indirect tax.
- Give the meaning of the term life expectancy.
- What is meant by devaluation of a currency?
SECTION – B
- Answer any FOUR Each carries 5 marks. (4 x 5 = 20)
- Elaborate on the main features of
- Explain the various methods followed to calculate the National Income.
- What is poverty? Explain its demerits.
- State the difference between the fixed and floating exchange rate.
- Differentiate between Personal Income & Per Capital Income.
- What are the measures that have to be devised to raise the rate of savings?
SECTION – C
- Answer any THREE Each carries 15 marks (3x 15 = 45)
- What is Monetary Policy? State the various quantitative methods of credit control?
- Explain the main causes and measures to control over population in India.
- What is meant by a Business Cycle? State the various characteristics of the different phases of business cycles.
- Explain any two instruments of the fiscal policy in brief.
- State the main features of a knowledge economy. Is knowledge economy the need of todays world. State 3 opinions which are for it and against it.
SECTION – D
- Compulsory Question – Case study (1 x 15 = 15)
22.
The following is the National Income accounting of Swaziland’s economy for the year 2012-13. The revenue obtained from the primary sector was 5000 crores, from secondary sector was 5700 crores and from the service it was a bountiful 350000 crores. In the calculation of the secondary sector income during the mid year assessment, they found that raw material to the tune of 500 crores was added to the final accounts, which actually had to become a finished product for the year 2014. Then calculated, In calculation of secondary sector accountant they also found the depreciation was larger than that in the year 2011. The government brought in various measures to promote the exports during the period 2012 -13 which was intended to continue for the next five years period. They decided that 65percent of returns from primary sector, 50% from the secondary and 75% of the returns from the service sector, they will export to foreign countries there by leading to increase in the foreign exchange for the country as well leading to an increase in the GNP.
Questions:
- Keeping the above case study, explain how National income is calculated?
- What is double counting? How can it be prevented (In the context of the above case)
- State the difference between GNP and GDP.
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St Josephs College of Commerce
Time 3 hours I BBM(Semester II) Macro Economics
Section A
Answer the following questions. All questions are compulsory 2 x10 =20
- What is meant by disguised unemployment
- State the meaning of National income
- What is meant by Economic growth
- Give the meaning of human development index
- Explain any two characteristics of direct taxes
- State any features of mixed economy
- Explain the meaning of a Budget
- Give an example of direct and indirect tax
- Give the meaning of the term life expectancy.
- What is meant by devaluation of a currency?
Section B
Answer any four of the following questions in 15 to 20 sentences 5 x 4 =20
- State the main features of a socialism
- Explain the various methods followed to calculate the National Income
- Explain the main features and demerits of poverty
- State the difference between the fixed and floating exchange rate
- State the merits and demerits of capitalism
Section C
Answer any three of the following questions 15 x 3 =45
- What is Monetary Policy state the various quantitative methods of credit control.
- Explain the main causes and control of over population
- Explain the characteristics of the business cycle and measures to control them.
- Explain any two instruments of the fiscal policy in brief.
- State the main features of a knowledge economy. Is knowledge economy the need of todays world state 3 opinions which are for it and against it.
Section D
The following is the National Income accounting of Swaziland’s economy for the year 2012-13. The revenue obtained from the primary sector was 5000 croores, from secondary sector was 5700 crores and from the service it was a bountiful 350000 crores. In the calculation of the secondary sector income during the mid year assessment, they found that raw material to the tune of 500 crores was added to the final accounts , which actually had to become a finished product for the year 2014. Then calaculated, In calculation of secondary sector accountant they also found the depreciation was larger than that in the year 2011. The government brought in various measures to promote the exports during the period 2012 -13 which was intended to continue for the next five years period. They decided that 65percent of returns from primary sector, 50% from the secondary and 75% of the returns from the service sector, they will export to foreign countries there by leading to increase in the foreign exchange for the country as well leading to an increase in the GNP .
1.Keeping the above case study, explain how National income is calculated?
2.What is double counting? How can it be prevented(In the context of the above case)
3.State the difference between GNP and GDP.
Answer Scheme
I BBM Macro Economics
- What is meant by disguised unemployment
Refers to a unemployment situation where people are rendered partially enemployed for most time of the year
- State the meaning of National income
Aggregate value of goods ands service produced in the country during a year. It takes into account the final value of goods and services
- What is meant by Economic growth
The economic growth of all three sectors of a economic system which grows in terms of the GDP is refered to as economic growth
- Give the meaning of human development index
Development of a country which indicates the level of development its citizens achieve in terms of education, health and livelihood
- Explain any two characteristics of direct taxes
They are direct in nature ,
They are one time payment
They are progressive in nature
Cannot be evaded
- State any features of mixedeconomy
The govt has a active role in price fixation at times
Working of both public and private sector
- Explain the meaning of a Budget
Fianancial statement which indicates the head of revenue and heads of expenditure for a particular fianancial year
- State two example of indirect tax
VAT, customs duty, sales tax
- Give the meaning of the term life expectancy.
It is a terms which explains the average expectancy of life of a human being at birth
- What is meant by devaluation of a currency?
The forceful decrease in the value of a particular country’s current to tied over the defict in the balance of payment is devaluation
Section B
- State the main features of a socialism
- Entire production is controlled by the govt
Fluctuation of vagaries of business cycle is less. Products demanded by the consumers are produced , no private property, consumer goods production are given more importance than the luxury goods.
- Explain the various methods followed to calculate the National Income
There are three methods followed
Product method the end value of goods produced is taken in to account
Expenditure methos a method where the expenditure incurred in the form of rent, wages, interest and profit are calculated
Income method it is a method which shows the total income that the factors of production obtain in the form from land , labour, capital and investment
- Explain the main features and demerits of poverty
High population, illiteracy, ignorance, poverty , lack of basic necessities
Demerits , brings down the economic development
Standard of living decreases , low education , low value system , high rate of corruption
- State the difference between the fixed and floating exchange rate
Whan a currency is fixed according to the rate of the US dollr it is termed as fixed exchange rate
Where as the floating exchange rates is when the rate of currency changes due the effect of demand and supply of currency in the market
- State the merits and demerits of capitalism
Leads to profitability, increases competition, consumer is given importance better products are produced.
The gap between the rich and the poor increases. The main motive is profit the other values are left, more concentration on profits and goods are high priced where the rich are only able to buy
Section C
What is Monetary Policy?state the various quantitative methods of credit control.
Monetary policy is theeconomic policy of the govt to control themovement of money supply in the economic system
Types- 12marks
Open market operation refers to buying and selling of securits , bond in the open market
Bacnk rate policy
Reserve ratio includes cash reserve ratio and statutory reserve ratio where commercial are expected to keep a proportion of their reserves with the centralbank of a country
- Explain the main causes and controlof over population(71/2 , 71/2 marks)
Leads to poverty
Increases birth rate
Low std of living
Hamper economic development of the country
More pressure on land
Less income
Increase education level, increase income of the people, birth control measures
Development of the country
- Explain the characteristics of the business cycle and measures to control them.
Meaning 3 marks – the upward and down turn of economic activity is termed as business cycle
12 marks- Wave like movement one phase follows the other affects all sectors and countries. Adversely affects the producer goods industry
- Explain any two instruments of the fiscal policy in brief.
Meaning 3 marks
Two instruments are public revenue , public expenditure , public debt 6 msrks each
- State the main features of a knowledge economy. Is knowledge economy the need of todays world state 3 opinions which are for it and against it.
It is more technology driven
More competitive in nature
Leads to faster growth
Increases intellectual power of the manpower of a nation
Features of knowledge economy – 5 marks
Merits and demerits- 10 marks
St. Joseph’s College of Commerce B.B.M. 2014 II Sem General English Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH / APRIL 2014
BBM – II SEMESTER
GENERAL ENGLISH
Duration: 3 Hours Max. Marks: 100
SECTION – A
- I) Answer the following questions in a word phrase or a sentence. (5×2=10)
- What made it possible for E. M. Forster to buy a wood of his own?
- Which word in the poem “Buying and selling” refers to clothes?
- Who is the author of the one act play “Refund”?
- What was the geography teacher’s question to Wasserkoff?
- What is becoming a pox on the planet according to George Monbiot?
- II) Write short notes on any four of the following . (4X5=20)
- E.M. Forster’s reflections on owning property. 7. Arundhathi Roy’s views on nuclear weapons.
- The mathematics teacher in “Refund”.
- The problem of green consumerism as expressed in ‘Eco Junk’.
- The discussion about children by parents in the short story ‘War’.
III). Answer the following questions in about two pages each. (3×10=30)
- Write a critical summary of the poem “ Buying and Selling”.
- Compare and contrast the environmental movements of India and America with reference to the essay by Ramachandra Guha.
- Attempt a review of the play ‘Refund’ with specific reference to the element of humour and its critique of present day education.
SECTION – B
- IV) Read the following passage and answer the questions set on them
When we look at the historical side, at all times it had many races, many languages and many religions. There was never any question of saying that this group is the biggest or that is not the biggest. The idea was to accommodate all, and to harmonise all faiths. Even a very conservative legislator like Manu tells us that all the people should learn their own particular traditions. We never believed that all the people should learn their own particular traditions. We never believed that we are a chosen race. We never believed that ours is a chosen religion or a chosen tribe. The historical tradition of each race, of each community, of each tribe were preserved and taught to them. It was this attitude of acknowledging every path, community that has been the tradition which governed the history of our country. You find similarities in the Koran. There it is said: “O mankind, we created you from a single pair of a male and a female, and made you into nations and tribes that you may know each other, not that you may despise each other.” So it was question of what may be regarded as “Sarva- mata –samanvaya- integration of all religions and faiths.
In the greatest periods of our history, when we were able to make a mark, we adopted this attitude of toleration and goodwill. Ashoka sent missionaries to far off countries. He had his great cut out in rock: “Samanvaya Sudha”- concord alone is meritorious. In the next great empire of the country, the Golden Age of the Guptas, Fa Hien, a Chinese traveller, who spent ten years in India, was impressed by the toleration of the people. He testifies that he was allowed to go and do whatever he wanted, and that the people of India never believed in the superiority of their own religion. Harsha Vardhana also followed the religion of freedom.
- Answer the following in a sentence or two. (5×2=10)
- Suggest a suitable title to the passage.
- What tradition has governed the history of India?
- What is Sarva- mata –samanvaya?
- Why the Age of Guptas is called the Golden Age in the history of India?
- What traits of the Indians impressed the Chinese traveller Fa Hein?
- Write a brief note on the importance of religious tolerance in present day India. (1 x 10 = 10)
- Correct the errors in the following sentences. (3×2=6)
- He is working as a teacher in Germany since two years.
- Please return back my mobile immediately.
- Neither he or his brother speak French.
- Change the voice of the verb in the following sentences. (2×2=4)
- Nelson Mandela was inspired by Mahatma Gandhi.
- Thank him.
- Write a brief event report of this year’s college day celebration. (1×10=10)