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St. Joseph’s College of Commerce B.B.A. 2015 Operations Research Question Paper PDF Download

St. Joseph’s College of Commerce B.B.A. 2015 Accounting For Management Decisions Question Paper PDF Download

St. Joseph’s College of Commerce B.B.A. 2015 Income Tax -I Question Paper PDF Download

St. Joseph’s College of Commerce B.B.A. 2015 Retail And Logistic Management (Elective :Marketing) Question Paper PDF Download

St. Joseph’s College of Commerce B.B.A. 2015 Retail Analytics (Elective :Marketing) Question Paper PDF Download

St. Joseph’s College of Commerce B.B.A. 2015 Employee Relations Management (Elective P-I – Hr) Question Paper PDF Download

St. Joseph’s College of Commerce B.B.A. 2015 International Finance (Elective: Finance) Question Paper PDF Download

B.B.M. – V SEMESTER
M113503 : INTERNATIONAL BUSINESS
Duration: 3 Hours Max. Marks: 100
SECTION – A
I)	Answer ALL the questions. Each carries 2 marks. (10×2=20)
	1.	What is International Business?
	2.	What do you mean absolute cost advantage?
	3.	What do you mean Foreign Direct Investment?
	4.	Write a short note on turnkey project.
	5.	What is globalization?
	6.	Give the meaning of Green Field Strategy.
	7.	What do you mean by virtual organization?
	8.	Explain the structure of a Multinational Corporation.
	9.	What is International Marketing?
	10.	Compare the standardization with customization.
SECTION – B
II)	Answer any FOUR questions. Each carries 5 marks. (4×5=20)
	11.	Discuss the different stages of internationalization.
	12.	State the benefits of Business Process Outsourcing.
	13.	Discuss the various features and criticisms of globalization.
	14.	Enumerate the characteristics of Multinational Corporation.
	15.	Explain the objectives and functions of EXIM Bank.
	16.	How Export Credit Guarantee Corporation does helps exporter?
SECTION – C
III)	Answer any THREE questions. Each carries 15 marks. (3×15=45)
	17.	Enumerate the advantages and disadvantages of international business.
	18.	International product life cycle is different from domestic product life cycle. Explain.
	19.	What are the drivers of globalization?
	20.	State the factors Influencing Pricing Strategy in International Marketing
	21.	What are the factors Influencing Channel Decisions in International Market?
SECTION – D
IV)	Case Study (1×15=15)
	22.	Case Study A moderately large scale company started some two decades ago has built up strong brands and reputation over the years for quality healthcare (including personal healthcare) products. It now wants to enter into foreign markets and seeks your advice. The company management wants you to explain briefly all the possible modes which could be open to it and then wants you to zero on two best modes. What two best modes would you suggest and why?

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April 4, 2018 by prasant kumar

JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – SEPT/OCT. 2015

B.B.M. – V SEMESTER

M1 11 504: OPERATIONS RESEARCH

Duration: 3 Hours Max. Marks: 100

Section – A

Answer ALL the questions. Each carries 2 marks. (2×10=20)

1) Classify operation research models based on:

a) Time
b) Degree of certainity

2) Mention any Four Features of Operation Research.

3) With reference to linear programming problems explain the following terms:

a) Infeasible solution
b) Redundant constraint

4) List any four areas of LPP application.

5) Introduce appropriate variables (slack, surplus or artificial) and convert the following to equations

a) 3x + 5y < 15

b )4x + 3y >6

6) Distinguish between PERT and CPM.

7) A project manager has to manage various projects. For each project given below, you are required to advise him whether to use PERT or CPM and briefly state the reason ?

Project K is yet to begin. The manager had recently successfully handled similar projects. He is able to break down the project into smaller modules and knows when he may comfortably finish each module.
Project M is new to the manager. He has never handled such a project he can break up the project into smaller modules, but even then, he is not sure of their exact times.

8) How will you treat a Transportation problem with a Maximization objective?

9) In case of an Unbalanced Assignment Matrix, what step is required to balance it?

10) Point out the errors in the network given below, going by the usual conventions while drawing a network to use CPM.

SECTION – B

II) Answer any FOUR questions. Each carries 5 marks. (4×5=20)

Woods Product Ltd. currently produces two major products, tables and chairs. When sold, each chair yields a profit of `35 and table `45. An analysis of the production work sheets reveals the following manufacturing data:

Product	Man hrs. per unit	Machine hrs. per unit
Chair	5	0.8
Table	8	1.2
Time available during the year	800 Man hours	485 Machine hours

The company has a minimum demand for 50 chairs and a maximum demand for 25 tables during year 2013. Construct an appropriate linear programme for maximizing the profit of Woods Product Ltd.

B. Sahni chartered accountant firm has four chartered accountants each of whom can be assigned any of the three audit assignments. Because of the varying work experience of the chartered accountants, the net surplus (professional fees minus expenses to be incurred by the CA firm) varies as under:

	Audit Assignments
Chartered Accountant	W	X	Y
A	65	78	83
B	85	52	59
C	83	56	69
D	49	80	85

You are required to find the maximum net surplus which can be obtained.

a) Solve the following transportation problem by
North west corner Rule (NWCR)
Least Cost Method (LCM)

Is the cost of transportation reduced through LCM in comparison to the NWCR, if so to what extent?

Find the Dual of the following problem:

Maximize Z = 30 x₁ + 20 x₂

Subject to constraints: -x₁ – x₂> -8

-6x₁ – 4x₂ < – 12

5x₁ + 8x₂ = 20

x₁, x₂ >0

What is meant by decision tree analysis? Explain the types of decision making environment?

The following table gives the activities in a construction project and the time duration of each activity:

Activity	Preceding activity	Normal time (days)
A	–	16
B	–	20
C	A	8
D	A	10
E	B,C	6
F	D,E	12

Required :

Draw the activity network of the project.
Find the critical path.

Section- C

II) Answer any THREE questions. Each carries 15 marks. (3×15=45)

Solve the following LPP by using the Big – M method

Max Z=10x+12y

Subject to constraints

x + y=5

x > 2

y < 4

where x, y >0

A car hire company has one car at each of the five depots M,N, O, P & Q. A customer in each of the five towns A,B,C,D,&E, requires a car. the distance (in miles)between the depots (origins) and the towns (destinations) where the customers are, are given in the following distance matrix.

		M	N	O	P	Q
Person	A	160	130	175	190	200
	B	135	120	130	160	175
	C	140	110	155	170	185
	D	50	50	80	80	110
	E	55	35	70	80	105

How should the cars be assigned to the customers so as to minimize the distance travelled. Solve the above Assignment problem by using the Hungarian Method.

A) A Small project is composed of seven activities, whose times estimates (in days) are listed below. Activities are identified by their beginning (i) and ending (j) node numbers.

Activity (i-j)	1-2	1-3	1-4	2-5	3-5	4-6	5-6
Duration to	2	2	4	2	4	4	6
Duration tm	2	8	4	2	10	10	12
Duration tp	14	14	16	2	28	16	30

Draw the project network
Find the Expected Duration and Variance for each activity. What is the expected project length?
If the project due date is 38 days, what is the probability of meeting the due date?

19.B) Given that operation research represents an integrated framework to help make decisions, it is important to have a clear understanding of this framework so that it can be applied to a generic problem. In light of the above statement examine the methodology / steps involved in solving an Operation Research problem.

(10+5)

The following linear program is presented to you:

Objective :Maximize Z=30X +45Y

Subjective to : (i)2X+3Y, < 1,440

(ii) 9X+12Y > 2,160

(iii) 3x + 4y > 1080

(iv) x,y >0.

Required:

Draw the Graph taking quantities of x and y in the respective axes in steps of 60 units (scale 1 cm = 60units) and solve the following LPP

Determine the optimality and offer your comments on the solution and the constraints

21) The activities in respect of a maintenance project are as below:

Activity	1-2	1-3	1-4	2-5	3-6	3-7	4-7	5-8	6-8	7-9	8-9
Months	2	2	1	4	5	8	3	1	4	5	3

Draw the project network.
Find the Critical Path and Duration of the project.
Perform the forward and backward pass computations and derive the EST, EFT, LST and LFT for each event/activity.
Determine Total Float, Free Float and Independent Float.

SECTION –D

IV) Case Study – Compulsory question. (1×15=15)
A company has four factories F1, F2, F3 & F4 manufacturing the same product. Production and raw material cost differ from factory to factory and given in the following table. The transportation cost from the factories to the sales depots S1, S2 & S3 are also given. The costs, total requirement at each depot and also the product capacity at each factory are also stated below.

	F1	F2	F3	F4	Requirement
S1	19	30	50	10	7
S2	70	30	40	60	9
S3	40	8	70	20	18
Capacity	5	8	7	14	34

Obtain an IBFS to minimize the costs of the following transportation problem by VAM:
Test the optimality of the solution thus obtained using the MODI method.
Is the solution degenerate?
If need be optimize the solution.

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April 4, 2018 by prasant kumar

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – SEPT/OCT. 2015

B.B.M. – V SEMESTER

M1 11 502: ACCOUNTING FOR MANAGEMENT DECISIONS

Duration: 3 Hours Max. Marks: 100

SECTION – A

Answer ALL the questions. Each carries 2 marks. (10×2=20)

What is Budgetary Control?

What do you mean by Target Costing?

State four assumptions of Break even analysis.

If Fixed Cost is Rs.10,000 and profit volume ratio is 50%,calculate the break even point.

What is the difference between relevant and irrelevant cost?

State the benefits Kaizen Costing.

State the importance of limiting factor in decision making.

State any four factors that influence Make or Buy decision.

What do you mean by Activity Based Costing?

10.

What is Balance Score Card?

SECTION – B

II)

Answer any FOUR questions. Each carries 5 marks. (4×5=20)

11.

A company has annual fixed cost of Rs.14,00,000. In the year2014,sales amounted to Rs.60,00,000 as compared with Rs. 45,00,000 in the year 2013.The profit in 2014 was Rs.4,20,000 higher than in 2013. If there is reduction in selling price in 2015 by 10% and company desires to earn the same profit as in 2014 ,what would be the required sales volume?

12.

A company is manufacturing and selling Electric Motors in the domestic market, at Rs.6,900 each made up as under

	Rs.
Direct Material	3200
Direct Labour	400
Variable Overheads	1,000
Fixed Overheads	200
Depreciation	200
Variable Selling Overheads	100
Royalty on production	200
Profit Central Excise	1,000
	6,300
	600
	6,900

A foreign buyer has offered to buy 200 such motors at Rs.5000 each.

As a Cost Accountant of the company would you advise acceptance of offer if production capacity is available?

13.

For production of 10,000 electrical automatic irons, the following are the budgeted expense:

Direct material Rs. 60

Direct labour 30

Variable Overheads 25

Fixed Overheads (Rs. 1,50,000) 15

Variable expenses (direct) 5

Selling expenses (10% fixed) 15

Administrative expenses

(Rs. 50,000 rigid for all levels of production) 5

Distribution expenses (20% fixed) 5

Total cost of sale per unit 160

Prepare a budget for production of 6,000 and 8,000 irons, showing distinctly marginal cost and total cost.

14.

What are the benefits of implementing Activity Based Costing System?

15.

Explain the features of Target Costing.

16.

A Manufacturing Company finds that while the cost of making a component part is Rs.10,the same is available in the market at Rs.9 with the assurance of continued supply. Give your suggestions whether to make or buy this part.

The cost information is given below;

Rs.

Materials 3.50

Direct Labour 4.00

Other variable Expenses 1.00

Fixed Expenses 1.50

————

10.00

———–

SECTION – C

III)

Answer any THREE questions. Each carries 15 marks. (3×15=45)

17.

A department of a company attains sales of Rs.6,00,000 at 80% of its capacity and its expenses are given below:

Administration Cost(Fixed)

Office Salaries Rs. 90,000

General Expenses 2 per cent of sales

Depreciation 7,500

Rates and Taxes 8,750

Selling Costs:

Salaries 8 per cent of sales

Travelling Expenses 2 per cent of sales

Sales Office 1 per cent of sales

General Expenses 1 per cent of sales

Distribution Costs:

Wages (Fixed) 15,000

Rent 1 per cent of sales

Other Expenses 4 per cent of sales

Draw up Flexible Budget at 90% and 100% of normal capacity.

18.

A company manufactures three products A,B and C. There are no common processes and the sales of one product does not affect prices or volume of sales of any other.

The company’s budgeted Profit/Loss for 2015 has been abstracted as follows:

	Total (Rs.)	A (Rs.)	B (Rs.)	C (Rs.)
Sales	3,00,000	45,000	2,25,000	30,000
Production Cost: Variable Fixed	1,80,000 60,000	24,000 3,000	1,44,000 48,000	12,000 9,000
Factory Cost	2,40,000	27,000	1,92,000	21,000
Selling and Administrative Cost Variable Fixed	24,000 6,000	8,100 2,100	8,100 1,800	7,800 2,100
Total Cost	2,70,000	37,200	2,01,900	30,900
Profit	30,000	7,800	23,100	( -) 900

On the basis of the above, the board had almost decided to eliminate product C, on which a loss was budgeted. Meanwhile, they have sought your opinion. As the Cost Accounting expert, what would be your advice? Give reasons for your answer.

19.

Prepare a cash budget for three months ending 30^th June 2015 from the information given below:

Month	Sales(Rs.)	Materials(Rs)	Wages(Rs)	Overheads(Rs)
February	14,000	9,600	3,000	1,700
March	15,000	9,000	3,000	1,900
April	16,000	9,200	3,200	2,000
May	17,000	10,000	3,600	2,200
June	18,000	10,400	4,000	2,300

Credit terms are:

a. a.Sales /Debtors – 10% sales are on cash, 50%of the credit sales are collected next month and the balance in the following month.

b. Creditors : Materials –2 Months

Wages -1/4 Month

Overheads -1/2 Month

Cash and Bank balance on 1^st April 2015 is expected to be Rs.6000

Other relevant information is:

i) Plant and machinery will be installed in February ,2015 at a cost of Rs. 96,000.The monthly instalment of Rs.2,000 is payable from April onwards.

ii) Dividend @5% on Preference Share Capital of Rs. 2,00,000 will be paid on 1^st June

iii) Advance to be received for sale of vehicles Rs. 9,000 in June.

iv )Dividends from investments amounting to Rs. 1,000 are expected to be received in June.

v) Income Tax (advance) to be paid in June is Rs.2,000.

20.

From the following data calculate the Break even Point and profit if output is 50,000 Units by drawing a Break Even Chart.

Fixed Expenses :Rs.1,50,000

Variable Cost Per Unit :Rs. 10

Selling Price Per Unit : Rs.15

21.

What is Life Cycle Costing? Explain the process of Life Cycle Costing.

SECTION – D

IV)

Case Study (1×15=15)

22.

The licensed capacity of Goodwill India Company Ltd. is Rs. 80,00,000.At present the sales are Rs. 60,00,000 and the sales demand is a key factor .It is proposed by the management that in order to utilize the existing capacity, the selling price of the product should be reduced by 5%.

The revenue account of the company is summarized below:

Sales 60,00,000

Direct Materials 18,00,000

Direct Wages 12,00,000

Variable Overheads 4,80,000

Fixed Overheads 17,20,000

————– 52,00,000

—————-

Profit 8,00,000

—————–

The following changes are expected in the costs:

a) Sales forecast Rs. 76,00,000 (at reduced price)

b) Direct Wages rates and variable overheads are expected to increase by 5%

c) Direct Material prices are expected to increase by 2%

d) Fixed overheads will increase by Rs.80,000

You are required to forecast the effect of change in selling price and costs on profit.

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April 4, 2018 by prasant kumar

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – SEPT/OCT. 2015

BBM – V SEMESTER

M1 11 501: INCOME TAX -I

Duration: 3 Hours Max. Marks: 100

SECTION – A

Answer ALL the questions. Each carries 2 marks. (10×2=20)

Define Person as per Section 2(31) of Income Tax Act of 1961.

Explain the meaning of Assessee as per the Income tax Act.

A, a resident in India, aged 60 years, earned agricultural income of Rs. 5,00,000 during the previous year 2014-15. Compute his tax liability assuming that he has non-agricultural income of Rs. 2, 70,000.

Name the different types of Provident Fund.

State the provisions of income tax in respect of exemption of Entertainment allowance.

Explain the provisions relating to Section 23(2)(a) in respect of Income under the head house property.

The total income of R for the assessment year 2015-16 is Rs. 1,01,20,000 Compute the tax payable by R for the assessment year 2015-16.

Write a note on the standard deduction as per section 24 (a) under the head house property.

Explain the provisions relating to Interest on borrowed capital

10.

Write a note on the provision relating unrealized rent recovered under the head Income form house property.

SECTION – B

II)

Answer any FOUR questions. Each carries 5 marks. (4×5=20)

11.

Compute the tax liability of G who is 62 years old and resident in India for the assessment year 2015-16:

– Rent of agricultural land Rs. 1,00,000

Land revenue paid to state government Rs. 10,000

Collection charges on recovery of agricultural rent Rs. 5,000

– Interest on arrears of land revenue received from tenants Rs. 12,000

– Income from manufacturing business carried on by G Rs. 5,50,000

12.

Mr. Kohli a citizen of India is an export manager of Arjun Overseas Limited, an Indian Company, since 1.5.2010. He has been regularly going to USA for export promotion. He spent the following days in USA for the last five years:

Previous year ended	No. of days spent in USA
31.3.2011	318 days
31.3.2012	150 days
31.3.2013	271 days
31.3.2014	310 days
31.3.2015	295 days

Determine his residential status for assessment year 2015-16 assuming that prior to 1.5.2010 he had never travelled abroad.

13.

A earns the following income during the financial year 2014-15:

A	Interest paid by an Indian company but received in London	2,00,000
B	Pension from former employer in India, received in USA	8,000
C	Profits earned form business in Paris which is controlled in India, half of the profits being received in India	40,000
D	Income from agriculture in Bhutan and remitted to India	10,000
E	Income from property in England and received there	8,000

Determine the total income of A for the assessment year 2015-16 if he is;

(i) Resident and ordinarily resident

(ii) Not ordinarily resident , and

(iii) Non-resident in India.

14.

Shri Rajesh was employed since 1.1.1983 in a commercial establishment. His salary was fixed at Rs. 14,800 in the grade of Rs. 14,000-400-22,000 with effect from 1.7.2012. He got 15% of his salary as dearness allowance which is treated as salary for computation of retirement benefits. He retired for service on 1.2.2015. He received Rs. 3, 40,000 as gratuity form his employer. Calculate his gross total income under the head salaries for the assessment year 2015-16 if-

(i) Payment of Gratuity act 1972 applies,

(ii) Payment of Gratuity act 1972 does not apply.

15.

R an employee of a company at New Delhi is given the choice of either accepting house rent allowance at Rs. 8250 p.m. or rent free unfurnished accommodation having fair rental value of Rs. 8,250 p.m. if he accepts HRA he will have to pay rent at Rs. 8,250 p.m. himself. His salary other than facility of house or HRA is fixed at 11,000 p.m. which one of the two options should he accept?

16.

The construction of a house property was completed on 28.02.2015. the assessee had taken a loan of Rs. 10,00,000 @ 12% p.a. Compute the deduction of interest for the previous year 2014-15, if the loan was taken on:

(i) 1.4.2012

(ii) 1.6.2013

(iii) 1.5.2014

SECTION – C

III)

Answer any THREE questions. Each carries 15 marks. (3×15=45)

17.

Shri A.K.Gupta was employed in a factory in Faridabad. He retired on 1.1.2015 after completing a service of 26 years and 5 months. He had been getting a salary of Rs. 23,000 per month and a dearness allowance of Rs. 2,000 per month (forming part of retirement benefits) for the last four years. His pension was determined @ Rs. 9,000 p.m. and 3/4^th portion of it was commuted for Rs. 2,70,000. In addition to this he received a gratuity of Rs. 4,00,000 and as per entitlement of 30 days earned leave for each year of service, he also received Rs. 3,00,000 for encashment of earned leave of 12 months during the previous year. Compute gross income from salaries of Shri Gupta for the assessment year 2015-16, assuming he is not covered under the payment of Gratuity Act.

18.

(a)X, a German national came to India for the first time on 1.7.2008. During the period from 1.7.2008 to 31.3.2015, he stayed in India as follows – from 1.7.2008 to 31.10.2008; from 1.5.2009 to 31.10.2009; from 1.11.2010 to 31.12.2010 and from 1.7.2013 to 31.8.2014. Determine the residential status of Mr. X for the assessment year 2015-16. (6 Marks)

(b) following are the particulars of taxable income of R for the previous year ended 31.03.2015:

(i) Royalty received from Government of India Rs. 24,000.

(ii) Income from business earned in Afghanistan Rs. 25,000 of which Rs. 15,000 were received in India

(iii) Interest received from G a non-resident against a loan provided to him to run a business in India Rs. 5,000.

(iv) Royalty received in India from S a resident for technical services provided to run a business outside India Rs. 20,000

(v)Income from business in Jaipur Rs. 40,000. This business is controlled from France, Rs. 20,000 were remitted to France.

Find out gross total income of R for assessment year 2015-16, if he is –

(i) Resident and ordinarily resident

(ii) Not ordinarily resident , and

(iii) Non-resident in India. (9 Marks)

19.

Mrs. R aged 50 years an executive in X Ltd. In Delhi, gets the following emoluments during the previous year ending 31.3.2015:

Basic salary	30,000 p.m.
Dearness allowance (part of salary for superannuation)	6,000 p.m.
Entertainment allowance	1,500 p.m.
Special allowance	7,000 p.m.
House rent allowance (rent paid by her Rs. 13,000 p.m.)	11,000 p.m.
helper allowance for domestic use	1,000 p.m.
The employer- company provides a Honda city car of 1600 cc for personal use of Mrs. R as well as for official use (employer’s expenditure: Rs. 60,000, depreciation of the car @ 10% Rs. 65,000).
The employer also provides free club facility (expenditure of the employer: Rs. 18,000)
Free lunch (cost being Rs. 90 per day for 100 days.)
Mrs. R is neither a director, nor a shareholder in the employer- company.
Employer’s contribution to recognized provident fund Rs. 4,600 p.m. and she contributes Rs. 5,500 p.m.
Her income from other source	Rs. 3,10,000
Interest credited on 31.3.2015 @ 12% in the provident fund account	Rs. 36,000
During the year, Mrs. R pays insurance premium of Rs. 4,000 on insurance policy on the life of her mother and Rs. 2,500 on her own life insurance policy (sum assured: Rs. 1,00,000). Premium of Rs. 6,000 on insurance policy on the life of her husband falls due on 23.3.2015, though she pays the same on 13.4.2014. Determine the total income and tax liability of Mrs. R for the assessment year 2015-16.

20.

R and his family members have occupied 3 houses for their residential purpose the houses were constructed by R. the particulars of the houses were as under:-

	House 1 (Rs.)	House 2 (Rs.)	House 3 (Rs.)
Standard rent	30,000	36,000	60,000
Fair rent	36,000	45,000	55,000
Municipal valuation	16,000	30,000	45,000
Municipal taxes paid	2,400	3,000	5,400
Repairs	NIL	3,000	6,000
Fire insurance premium: (i) Paid (ii) Due but not paid	1,600 –	2,400 –	– 2,000
Ground rent	1,500	–	4,500

R borrowed Rs. 2, 00,000 @ 10% p.a. for construction of House 3 (date of borrowing 1.4.2008 and date of repayment of loan 11.08.2015).

Construction of all the houses was completed on 1.5.2013. Compute the taxable income of R for assessment year 2015-16. His income for other sources is Rs. 20,000. He has given the option to treat the third house as his self occupied house.

21.

(a) X owns a big house (construction completed on March 31, 2010). The house has three units Unit 1 (50% of the floor area) is let out for residential purpose on monthly rent of Rs. 8,200. Unit 1 remains vacant for 1 month when it is not put to any use. A sum of Rs. 700 could not be collected from the tenant. Unit 2 (25% of the floor area) is used by X for the purpose of his profession, while Unit 3 (the remaining 25 %) is utilized for the purpose of his residence.

Other particulars of the house are as follows:

Municipal valuation: Rs. 60,000, Fair rent: Rs. 70,000, Standard rent: Rs. 90,000, Municipal taxes: Rs. 15,000, repairs: Rs. 4,000, interest on borrowed capital for renewal of the property: Rs. 36,000. Determine the taxable income for the assessment year 2015-16.

(b) X (age: 63 years) owns two houses. Relevant details are given below:

	House 1	House 2
Let out	1.4.2014 to 30.6.2014 (rent being Rs. 6,000 per month)	1.7.2014 to 31.3.2015 (rent being Rs. 13,000 per month)
Self-occupied	1.7.2014 to 31.3.2015	1.4.2014 to 30.6.2014
Municipal valuation per annum	Rs. 60,000	Rs. 1,00,000
Fair rent per annum	Rs. 70,000	Rs. 95,000
Standard rent per annum	Rs. 66,000	Rs. 1,10,000
Rent of let out period	Rs. 18,000	Rs. 1,17,000
Interest on borrowed capital	Rs. 2,000	Rs. 40,000
Municipal tax paid	Rs. 10,000	Rs. 17,000

Find out his net income and tax liability for the assessment year 2015-16.

SECTION – D

IV)

Case Study (1×15=15)

22.

R aged 48 years a director of X Ltd., receives the following emoluments during the previous year ending 31.3.2015: Salary: Rs. 42,000; Bonus: Rs. 2,500; salary in lieu of leave: Rs. 3,000; and entertainment allowance Rs. 2,500. Besides the aforesaid emoluments, his employer provided free gas and water for his domestic use (cost Rs. 8,000), a domestic servant (salary paid by the employer: Rs. 24,000), concessional education facility for his family members in a school maintained by it (cost of education R’s son: Rs. 30,000, amount paid by R Rs. 9,000; R’s dependent sister Rs. 36,000, amount paid by R is Rs. 12,000), free meals in office ( cost Rs. 30,000 (Rs. 100X300days) ) and free holiday home facility of Manali ( Cost Rs. 20,000). Salary of a personnel attendant (Rs. 12,000) engaged by R is paid by his employer during the year. On 31.3.2015, the employer company sells an air-conditioner for Rs. 5,000 (cost of air-conditioner to the company: Rs. 50,000, date of purchase: 30.7.2010, it is used for business purposes before its transfer to R). R contributes Rs. 6,000 towards recognized provident fund; his employer contributes Rs. 5,000. Further, during the previous year R has deposited Rs. 80,000 in Fixed Deposit for a period of 5 years with SBI as per notified scheme. Determine the taxable income and tax liability of R for the assessment year 2014-15, if income of R from other sources is Rs. 3,00,000.

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April 4, 2018 by prasant kumar

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
B.B.M. – V SEMESTER
MKT 606: RETAIL AND LOGISTIC MANAGEMENT (ELECTIVE :MARKETING)
Duration: 3 Hours Max. Marks: 100
SECTION – A
I)	Answer ALL the questions. Each carries 2 marks. (10×2=20)
	1.	Define Retailing.
	2.	List the opportunities in retailing.
	3.	Name the internal Atmospherics in retail.
	4.	What is retail chain? Give example.
	5.	Define franchising.
	6.	State the freestanding sites.
	7.	Bring out the retail pricing objectives.
	8.	Define merchandise management.
	9.	Write about retail supply chain management.
	10.	Mention any three ways to motivate and manage floor managers of a retail store.
SECTION – B
II)	Answer any FOUR questions. Each carries 5 marks. (4×5=20)
	11.	Discuss the types of retailing.
	12.	Write the importance of retailing in Indian economy.
	13.	Define service retailing. Explain the characteristics of service retailing.
	14.	What are the pricing strategies followed by the retailer.
	15.	Enumerate the principles of supply chain management.
	16.	State the role of Market Logistics in retail.
SECTION – C
III)	Answer any THREE questions. Each carries 15 marks. (3×15=45)
	17.	Describe in detail the retail trends in India. Write the top ten future retail in India.
	18.	Describe in detail the factors influencing retail environment along with their structural changes.
	19.	Explain the importance of the location in retail. State the issues in retail location.
	20.	Elaborate in detail the steps involved in process of buying merchandise.
	21.	Has India reached the growth stage in retail? What would be the social and economic impact of retail development in India? Explain.
SECTION – D
IV)	Case Study (1×15=15)
	22.	VENDOR MANAGEMENT IN LIFESTYLE INTERNATIONAL The Lifestyle department store concept founded by Mr. Micky Jagtiani (Landmark Group) based in Dubai is positioned as a trendy, young, colorful and vibrant department store concept. The organization established the concept in India by opening its first Lifestyle store in 1999. The store concept is merchandised by lifestyle apparel in a mix of national and international brands and in-store brands. The fast moving product categories are Shirts, T-Shirts, Woven Tops and Kurtis for Women and the factors that play an important role in aiding consumer buying behaviour are the selection of the right options to place on display in the right mix and in the right prices so that consumers get what they want always. Lifestyle has in addition to its external brands a few exclusive brands as well. Kappa, for example, is one exclusive Italian brand which is offering unique sports and young fashion apparel and accessories for both men and women. The organization’s in-house brands are about 16 in number. Code, Forca, Ginger and Melange are a few key ones in the array. The company retails about 4000 style options per season on apparel alone. The range and assortment offering serves the consumer base in an absolutely honest pricing. The in-house brands are manufactured in exclusive styles with stringent quality standards to ensure customer acceptance. The organization sources for all its stores in both the Gulf and in India from various countries. The basis of Lifestyle choosing its supplying countries is dependent on the product strength of a particular region, the trade-friendly policies, cost-effectiveness of logistics, etc. which make it viable to source from any country. Choosing a region is a combination of the capability to fulfill global trends and the previous experience. Lifestyle is exploring sourcing opportunities from countries like Nepal, Bangladesh, Sri-Lanka etc., currently. It is reported that Lifestyle’s outsourced production is almost 50% and the organization hence is very keen on working with vendors who share the penchant for quality. The vendor selection criteria followed are: • Capability to produce the required product offering • Follow the specified quality parameters • Fulfill the determined cost objectives and • Adhere strictly to dispatch schedules Lifestyle Stores are present across leading Indian cities and the organization is known for its best practices in vendor management and for its long-standing relationship with its vendors across the globe. Questions a. Comment on the international sourcing policy of Lifestyle International. b. What are the key vendor selection criteria at Lifestyle International?

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April 4, 2018 by prasant kumar

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
B.COM. – V SEMESTER
MKT 507: RETAIL ANALYTICS (ELECTIVE :MARKETING)
Duration: 3 Hours Max. Marks: 100
SECTION – A
I)	Answer ALL the questions. Each carries 2 marks. (10×2=20)
	1.	Define a “category”. Give one example for the same.
	2.	Name any 4 benefits of Category Manager to Customer.
	3.	Define Traffic Building and Transaction Building Strategy. What is one key difference?
	4.	Name the 4 approaches for Category Analysis.
	5.	Define Value Sales, Volume Sales and Unit Sales.
	6.	Define Expected Normal Sales and Incremental Sales.
	7.	What are the 4 Price Tier classifications?
	8.	What is Share of Wallet?
	9.	What is Assortment and Assortment Planning?
	10.	What is Merchandise Management?
SECTION – B
II)	Answer any FOUR questions. Each carries 5 marks. (4×5=20)
	11.	Total Sales of a product XYZ for 2013 is $25,000. The total sale of the product for 2014 is $30,000. Totally 2500 units of the product was sold in 2014. What is the price per unit of the product in 2014? If each unit is of 50ML. How much volume was sold in 2014. What is the absolute Value Change? What is the Value% Change for the product? If the price per unit was exactly same in 2013 as it was in 2014, how many units were sold in 2013?
	12.	Name and explain the 4 types of Pricing Policy with example.
	13.	Explain any of 5 facts of distribution listed below: a. Numeric Distribution; b. Weight Distribution; c. Fair Share; d. Sales/Store/Week; e. Speed to Market; f. Out of Stock Distribution
	14.	Name and Explain the 4 stages of Product Life Cycle.
	15.	Big Bazaar has to maintain a 3 weeks supply of Sparkling Water in inventory. Average sales are 400 bottles per week. Order interval is 2 week. If current stock on hand is 200 bottles how much should be ordered.
	16.	Name and Explain the 3 type of Store Layout.
SECTION – C
III)	Answer any THREE questions. Each carries 15 marks. (3×15=45)
	17.	List and explain any 5 factors which affect the Assortment Planning.
	18.	Name and Explain any 5 approaches to Segmentation.
	19.	What is RFM stand for and what is its importance? What is the criteria to consider while performing this analysis.
	20.	Hotel had 1000 orders per day. 720 orders of Idly + Vada, 820 orders of Idly, 640 orders of Vada. Calculate Frequency, Support, Confidence and Lift for the rule Idly=>Vada
	21.	Explain the below terms: Market research and Marketing Research Primary and Secondary Research Quantitative and Qualitative Research
SECTION – D
IV)	Case Study (1×15=15)
	22.	You are an Analyst working in a major market research firm. Today’s project is to answer questions of a category manager, Mark, who manages Category A for client Mariko Ltd . He has just taken over the role in the last one week and needs your support. The better you can answer your questions, the better would be the prospect of having more business from his department. You have already retrieved the data extract for your calculations which eventually will help you to answer his questions. Good Luck! Calculate and fill up all grey cells of Table 1B for submission to Mark along with your analysis (5Marks) *Note: Attach the table IB along with the answer script* The questions to be answered are below ( 2 marks per question) a. How is the overall Category performing in 2014 vs 2013 and why? Which Brand is driving value growth for Manufacturer C? b. Which is the biggest brand for the category? What is its volume share of category? Does it have the lowest unit price among competitors? c. Brand S has higher unit sales than brand R but lower volume and value sales. What does this imply in terms of SKU pack size for brand S? d. What is the volume share difference between Manf C and B? Who is selling at a higher unit price among these two? e. What is the value share AAB and CCD has of their Manf C?

TO BE ATTACHED TO THE ANSWER SHEET

Table 1A

	Category A ( Year 2013)
	Val Sales		Vol Sales ( Kgs)	Unit Sales	Calculate Price per Unit ($)	Calculate Vol Share %
Total Category X	$ 543,702.00		22,899	95,679	$ 5.68	NA


	Category A ( Year 2014)
	Val Sales	Vol Sales ( Kgs)		Unit Sales	Calculate Price per Unit ($)	Calculate Vol Share %
Total Category X	$ 561,803.37	21,762		98,638	$ 5.70	NA

Table 1B

Category A- Manufacturer and Brand Split for 2014 Please note each Manufacturer is split by their brands respectively Eg:- P, Q, R and S are brands of Manf A
	Val Sales	Vol Sales ( Kgs)	Unit Sales	Calculate Price per Unit ($)	Calculate % Vol Share of Category A
Manf A ( Total )
P	$ 62,372.32	2,395.2	11,224.9
Q	$ 54,333.46	2,091.6	9,995.3
R	$ 51,006.20	1,973.2	7,865.0
S	$ 48,178.76	1,922.6	8,505.8

Manf B (Total)
XX	$ 55,006.20	2,273.2	9,505.8
YY	$ 50,314.15	1,933.4	8,433.2
ZZ	$ 38,796.60	1,571.6	6,660.1

Manf C (Total)
AAB	$ 40,201.38	1,574.7	6,846.3
BBC	$ 39,694.35	1,534.1	6,751.5
CCD	$ 35,876.92	1,441.3	6,329.9
DEE	$ 24,309.12	941.4	4,237.3

Manf D (Total)
JJJ	$ 24,247.75	737.0	5,569.5
MMM	$ 16,479.80	632.5	2,966.0
NNN	$ 11,252.00	398.9	1,998.2
OOO	$ 9,734.36	341.7	1,749.2

April 4, 2018 by prasant kumar

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
B.B.M. – V SEMESTER
HRM 505: EMPLOYEE RELATIONS MANAGEMENT (ELECTIVE P-I – HR)
Duration: 3 Hours Max. Marks: 100
SECTION – A
I)	Answer ALL the questions. Each carries 2 marks. (10×2=20)
	1.	Define Industrial relations.
	2.	Define strikes.
	3.	Define stress.
	4.	What is internal equity?
	5.	What is the formula for calculating gratuity in India?
	6.	What is living wage?
	7.	State one difference each between lay-off and retrenchment.
	8.	What is workers participation in management?
	9.	What are quality circles?
	10.	What are self-directed teams?
SECTION – B
II)	Answer any FOUR questions. Each carries 5 marks. (4×5=20)
	11.	What are the objectives of Workers Participation in Management?
	12.	Does collective bargaining promote opposition? Is it the best way of regulation at workplace? Comment.
	13.	List out the benefits under EPF Scheme.
	14.	What are some of the career interventions? Explain briefly.
	15.	What are the basic components of managerial remuneration?
	16.	List out the welfare facilities available to employees according to Factories Act, 1948.
SECTION – C
III)	Answer any THREE questions. Each carries 15 marks. (3×15=45)
	17.	Identify the approaches from the statements given below. Explain these approaches. Compare the approaches to industrial relations. Which one seems to be more realistic to you? a. Trade Unions are essentially “outsiders” who have no legitimate presence in the workplace. b. Potential for conflict is inherent in industrial relationship.
	18.	Outline the sources and consequences of stress.
	19.	Explain in detail the dispute settlement mechanism as per the Industrial Disputes Act,1947.
	20.	Outline the safety measures to be provided by the employers to the employees. Briefly explain them.
	21.	What is workplace violence? What should employers do following an incident of workplace violence?
SECTION – D
IV)	Case Study (1×15=15)
	22.	Accident on the way to office Since safety of employees is important to most companies in Bangalore both in public and private sector, they provide transport to their employees. Buses, cars, mini buses are engaged in pick up and drop employees from home to workplace and back. One of the public sector employees, Mr. Nanjappa was walking from his house to the nearest bus stop to board the company’s bus. While he was crossing the road a private car hit him. He was taken to a hospital with bleeding head injuries and after 2 days he died in the hospital. The family members of Mr. Nanjappa claimed compensation from the company, though he met with an accident outside the company stating that while he was going to the office he died. Questions: a. Do you think the company should pay compensation to the Employee who dies outside the company? Yes or No. Give reasons. b. Is there any law to pay compensation to employees who die or meet with an accident while on the way coming to the office? c. How do we prove that he was on the way and coming to office only?

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END SEMESTER EXAMINATION – OCTOBER 2015

B.COM / B.B.M. – V SEMESTER – ANSWER KEY

:EMPLOYEE RELATIONS MANAGEMENT (Elective P-I – HR)

Duration: 3 Hours Max. Marks: 100

SECTION – A

Answer ALL the questions. Each carries 2 marks. (10×2=20)

Define Industrial relations

Acc to Henry Richardson , “ IR are the art of living together for the purpose of production”.

Acc to H.A .Clegg, “ The field of IR includes the study of workers and their trade unions, management, employers associations and the state institutions concerned with the regulation of employment”

Define strikes.

Strike means a cessation of work by a body of persons employed in any industry acting in combination, or a concerted refusal, or a refusal under a common understanding of any number of persons who are or have been so employed to continue to work or to accept employment.

Define stress.

A state of mental or emotional strain or tension resulting from adverse or demanding circumstances.

What is internal equity?

“Internal equity exists when employees in an organization perceive that they are being rewarded fairly according to the relative value of their jobs within an organization”.

What is the formula for calculating gratuity in India?

Gratuity Calculation In India =

[ (Basic Pay + D.A) x 15 days x No. of years of service ] / 26

What is living wage?

A wage which is high enough to maintain a normal standard of living

State one difference each between lay-off and retrenchment.

Lay-off is temporary

Retrenchment is permanent

What is workers participation in management?

According to Keith Davis, “Workers’ participation refers to the mental and emotional involvement of a person in a group situation which encourages him to contribute to group goals and share in responsibility of achieving them”.

What are quality circles?

A group of employees who meet regularly to consider ways of resolving problems and improving production in their organization.

10.

What are self-directed teams?

A self-directed work team (SDWT) is a group of people, usually employees in a company, who combine different skills and talents to work without the usual managerial supervision toward a common purpose or goal. Typically, an SDWT has somewhere between two and 25 members.

II)

Answer any FOUR questions. Each carries 5 marks. (4×5=20)

11.

What are the objectives of Workers Participation in Management?

The objectives of workers’ participation in management are as follows:

1. To raise level of motivation of workers by closer involvement.

2. To provide opportunity for expression and to provide a sense of importance to workers.

3. To develop ties of understanding leading to better effort and harmony.

4. To act on a device to counter-balance powers of managers.

5. To act on a panacea for solving industrial relation problems.

12.

Does collective bargaining promote opposition? Is it the best way of regulation at workplace? Comment.

Based on the students opinion- Yes or NO

Justify based on the same.

Key words expected : Collaboration, win-win situation, conflict,etc

13.

List out the benefits under EPF Scheme.

1. Provident Fund benefits

2. Pension Benefits

3. Withdrawal Benefit

4. Death Benefits

14.

What are some of the career interventions? Explain briefly

Promotions

Transfers

Job enrichment

Job enlargement

Learning and development

Developmental job assignments

Coaching/ mentoring

Pay restructuring

Job restructuring

15.

What are the basic components of managerial remuneration?

Basic/ base salary: fixed compensation paid regularly with periodical increase say once in a year regardless of the rate of growth of the business

Short term incentives: cash paid/ company paid trips and picnics for achieving short terms goals like achieving sales targets for the year

Long term incentives: Stock option plans

Special executive benefits: insurance policies at company cost, health insurance

Benefits: paid leave, health care, survivor’s protection, retirement plans.

Perks : company car, housing, club membership, entertainment, news paper, house maintenance, maid servant’s charges.

16.

List out the welfare facilities available to employees according to Factories Act,1948.

1.Washing facilities and Facilities for storing and drying clothing

Facilities for sitting

2.First-aid appliances – one first aid box not less than one for every 150 workers

3.Canteens when there are 200 or more workers.

4.Shelters, rest rooms and lunch rooms when there are 75 or more workers.

5.Crèches when there are 30 or more women worker

SECTION – C

III)

Answer any THREE questions. Each carries 15 marks. (3×15=45)

17.

Identify the approaches from the statements given below. Explain these approaches. Compare the approaches to industrial relations. Which one seems to be more realistic to you?

1. Trade Unions are essentially “outsiders” who have no legitimate presence in the workplace.

2. Potential for conflict is inherent in industrial relationship.

Ans:

1.Unitary Approach

2.Pluralistic Approach

Comparison Basis Unitary

1.Assumptions 1.Integrated group of people, common interests,values,objectives

2.Nature of conflict 2. Irrational (not expressible)

3.Resolution of conflict 3. Coercion( forcefully)

Comparison Basis Unitary

1.Assumptions 1.Sectional groups, different values, interests,objectives.

2.Nature of conflict 2. Inevitable,rational, and structural.

3.Resolution of conflict 3. Compromise and agreement

Giving opinion on which approach is better

18.

Outline the sources and consequences of stress.

19.

Explain in detail the dispute settlement mechanism as per the Industrial Disputes Act,1947

1.Grievance Redressal Committee

Employing 20 or more workers.

The objective of this committee is to solve disputes arising out of individual grievances.

2.Works Committee

For promoting dialogue between the employer and the workmen and for securing and preserving amity

3.The conciliation officer may be appointed by the government for specified area or specified industries.

Their main duty is to investigate and promote settlement of disputes by inviting the parties to come to a fair and amicable settlement.

4.Government may, as occasion arises, constitute a board of conciliation with an independent person as chairman and equal representatives of the parties concerned as its members.

5.Labour Court

6.Industrial Tribunal

20.

Outline the safety measures to be provided by the employers to the employees. Briefly explain them

Fencing of machinery

Work on near machinery in motion.

Employment prohibition of young persons on dangerous machines.

Striking gear and devices for cutting off power.

Self-acting machines.

Casing of new machinery.

Prohibition of employment of women and children near cotton-openers

Hoists and lifts.

21.

What is workplace violence?What should employers do following an incident of workplace violence?

Workplace violence is violence or the threat of violence against workers. It can occur at or outside the workplace and can range from threats and verbal abuse to physical assaults and homicide, one of the leading causes of job-related deaths. However it manifests itself, workplace violence is a growing concern for employers and employees nationwide.

1.Encourage employees to report and log all incidents and threats of workplace violence.

2.Provide prompt medical evaluation and treatment after the incident.

3.Report violent incidents to the local police promptly.

4.Inform victims of their legal right to prosecute perpetrators.

5.Discuss the circumstances of the incident with staff members. 6.Encourage employees to share information about ways to avoid similar situations in the future.

7.Offer stress debriefing sessions and post-traumatic counseling services to help workers recover from a violent incident.

8.Investigate all violent incidents and threats,monitor trends in violent incidents by type or circumstance, and institute corrective actions.

9.Discuss changes in the program during regular employee meetings

SECTION – D

IV)

Case Study (1×15=15)

22.

Accident on the way to office

Since safety of employees is important to most companies in Bangalore both in public and private sector,they provide transport to their employees .Buses, cars,mini buses are engaged in pick up and drop employees from home to workplace and back.

One of the public sector employees,Mr. Nanjappa was walking from his house to the nearest bus stop to board the company’s bus. While he was crossing the road a private car hit him.

He was taken to a hospital with bleeding head injuries and after 2 days he died in the hospital.

The family members of Mr. Nanjappa claimed compensation from the company,though he met with an accident outside the company stating that while he was going to the office he died.

Questions:

1.Do you think the company should pay compensation to the Employee who dies outside the company? Yes or No. Give reasons

2.Is there any law to pay compensation to employees who die or meet with an accident while on the way coming to the office?

3.How do we prove that he was on the way and coming to office only?

Availability

Required

April 4, 2018 by prasant kumar

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
B.B.M. – V SEMESTER
FIN 505: INTERNATIONAL FINANCE (ELECTIVE: FINANCE)
Duration: 3 Hours Max. Marks: 100
SECTION – A
I)	Answer ALL the questions. Each carries 2 marks. (10×2=20)
	1.	Why buying a put differs from selling a call? What do they believe in?
	2.	Mention any two methods of Option valuation.
	3.	Write a note on Purchase Parity formula to calculate future spot rate for the first year and 4^th year.
	4.	How do you minimize Exchange risks?
	5.	What are the cash outflows for the overseas investment projects?
	6.	What is the importance of Swap points in the determining a forward rate?
	7.	Is it possible to have bid and ask rates same?
	8.	I buy a put at strike price of Rs. 500 per share at a premium of Rs. 80 per share for 100 share holdings. The market price on the expiry date is Rs. 450 per share. How much the option writer gain/lose?
	9.	I sell a call at strike price of Rs. 350 per share at a premium of Rs. 50 per share for 100 share holdings. The market price on the expiry date is Rs. 370 per share. How much the option writer gain/lose?
	10.	From the following data calculate forward rate after a year: Spot rate of of Euro 0.87= 1 $ Annualized interest rate $ is 8.3% Annualized interest rate on Euro is 10.5%
SECTION – B
II)	Answer any FOUR questions. Each carries 5 marks. (4×5=20)
	11.	Explain interest rate swap and currency swap.
	12.	The overseas funding of project in India from USA is Rs.30,00,00,000 (1$= Rs.66.67). The parent company acquires this funds in the ratio of 60: 40 (debt: equity). The equity costs 12% and debt costs 9%. The US tax benefits on debt funds is 30%. a) Calculate Debt and equity in dollars. b) Calculate WACC for the purpose of discounting cash flows.[Workout nearest to 10)
	13.	Explain the following: a) Exchange rate fluctuation b) Expropriation
	14.	Two countries, the United States and England, produce only one good, wheat. Suppose the price of wheat is $3.25 in the United states and Pound 2.35 in England. a) According to the law of one price, what should the $:Pound exchange rate be? b) Suppose the price of wheat over the next year is expected to rise to $3.5 in the United States and to Pound 1.6 in England. What should be the one $:Pound forward rate be?
	15.	Explain any five take off strategies with diagrams
	16.	Give the sketch on the cash outflows and inflows to evaluate a project from the overseas investor point of view?
SECTION – C
III)	Answer any THREE questions. Each carries 15 marks. (3×15=45)
	17.	a) Calculate the arbitrage possible on Rs.10,00,000 from the middle rates given below. Assume there are no transaction costs? Rs. 76.200 = Pound 1 in London Rs. 46.600 = $1 in Delhi $1.5820 = 1 Pound in New York. b) One year Forward rate is US$0.8 = Australian Dollar 2.0. Interest rate of Australia is 6% and US 4%. Convert them into direct quote from US and Calculate Spot rate one year before.
	18.	Explain the following terms: a) ADR issue procedure b) Differences between futures and forwards contract
	19.	Write brief notes on the following: a) Direct quote and Indirect quote with examples. b) Cross rate and Bid and ask rate relationships. c) Differences between ADR and GDR.
	20.	Explain FDI policy of Government of India which is effect from 12^th May 2015.
	21.	a) Spot rate is Rs. 64.09/$. Three month forward rate is Rs. 65.20/$. Speculator’s own estimate is that the future spot rate after three months should be Rs. 64.60/$. Will the speculator go for a forward contract if he has $ 20,000 at his disposal? b)Plant is set up in India by a multinational corporation for Rs.20,00,000. The life of the plant is for three years. The rate of depreciation is 15% and additional depreciation is 20% for the first year only. If the plant is expected to be sold at the end of third year for Rs. 6,00,000, What is the terminal cash inflow? Assume corporate tax rate is 30%(including surcharge and educational cess)
SECTION – D
IV)	Case Study (1×15=15)
	22.	During 2002, the yen went from $0.0074074 to $0.0084746. On July 2, 1997, the Thai baht fell 17% against dollar. In April1, 1998, was an ill fated date in Yugoslavia. On that day, government devalued the Yugoslav dinar, setting its new rate at 10.92 dinar to the dollar, from 6.0 dinar previously. The Afghanistan’s currency has perverse tendency to go up whenever sitting government fall. So as soon as commentators labeled Osama bin Laden the Prime suspect in the September 11 World Trade Centre attack, currency traders figured the Taliban would become a target of the United States, bringing prospects of the new government and perhaps, the economic development – and a rise in the afghani’s value. So it has. Under the Taliban, the exchange rate –quoted as the number of Pakistani rupees it takes to buy 1,00,000 afghanis – fell to 85 rupees. September 11 galvanised the market. By mid –November 2001, the military gains by the Northern Alliance opposition pushed the exchange rate up to 165. Similarly between September 11 and mid November, the dollar went from 78,000 to 34,000. Since April 2015 to September 2015 Indian rupee against dollar fell down from 63.97 to 66.67 even though world crude oil price went down from $110 to $56 in the international trade. China Yuwan appreciated last year, suddenly devalued by China government to increase the export. Therefore appreciation and depreciation of one currency is not depending on the local government policies rather how the whole world looks at your economy. Required: a) By how much did the yen appreciated? b) By how much has the dollar appreciated against baht? c) By how much has the dollar appreciated against the dinar? d) By how much has the afghani appreciated against the rupee? e) By how much appreciation /depreciation did the dollar against the afghani during the this two month period? f) How much the afghani appreciated/depreciation?

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