M.Com Question Papers
St. Joseph’s College of Commerce M.I.B. 2013 IV Sem Securities Analysis And Portfolio Management Question Paper PDF Download
St. Joseph’s College of Commerce (Autonomous)
End Semester Examination- April 2013
MIB – IV Semester
SECURITIES ANALYSIS AND PORTFOLIO MANAGEMENT
Duration: 3 Hours Max. Marks: 100
Section -A
- Answer ANY SEVEN questions (7×5=35)
- “The RBI’s decision to cut rates will help revive investment in the economy,” Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, said, adding that the economy was beginning to bottom out after a long slowdown. He was referring to the Repo rate and CRR. Explain how?
- India has a BBB- rating from S&P, the lowest investment grade among the BRIC group of large emerging economies and one notch above “junk” status. In the light of the above, write a note on credit rating symbols and junk bonds.
- There is this joke about a dealer whose trades were based on technical calls. One day his boss asks him which stock he is trading on, and he answers ‘Ford’. “Great company. In fact own a Ford car,” says his boss. “I didn’t know they made cars,” the technical trader replies. Bring out the meaning of the above statement by differentiating between Fundamental analysis and Technical analysis.
- HDFC Bank, the country’s second largest private sector bank has suspended around 20 employees pending enquiry into the allegations made by Cobrapost representatives, stating that the bank employees are encouraging money laundering. Explain money laundering with special emphasis on the present case.
- Suppose an edible oil importer wants to import edible oil worth USD 100,000 and places his import order on July 15, 2008, with the delivery date being 4 months ahead. At the time when the contract is placed, in the spot market, one USD was worth say INR 44.50. But, suppose the Indian Rupee depreciates to INR 44.75 per USD when the payment is due in October 2008, the value of the payment for the importer goes up to INR 4,475,000 rather than INR 4,450,000. What would be his hedging strategy?
- You are an Investment consultant with rich experience in equity research and portfolio management. You are requested by a client to give a presentation on equity valuation. You prepare the following:
- The equity stock is currently selling for INR 30 per share. The dividend expected next year is INR 2.00. The investor’s required rate of return on this stock is 15%. If the constant growth model applies, what is the expected growth rate?
- The equity share is expected to provide a dividend of INR 2.00 and fetch a price of INR 18.80 a year hence. What price would it sell for now if investors’ required rate of return is 12%?
- (a) ABC Co. has a Days Sales Outstanding ratio of 60 days. Total credit sales for the year were $2,400,000. What is the balance in accounts receivable?
- If a firm has interest expenses of $10,000 per year, sales of $700,000, a tax rate of 40%, and a net profit margin of 7%, what is the firm’s times interest coverage ratio?
- Is subscription to 6-year post office monthly income scheme considered as investment? Why?
- What are the qualitative factors to be considered for Company Analysis?
- Explain diagrammatically the concept of role reversal in Technical Analysis.
Section -B
- Answer any THREE (3×15=45)
- (a) What are the different stages of industry cycle and the main features of such stages?
- What is five-force analysis and its utility for industry analysis?
(8+7)
- (a) Consider the following information of three mutual funds A, B and C and the market.
Mean Return | Standard Deviation (%) | Beta | |
A | 12 | 18 | 1.1 |
B | 10 | 15 | 0.9 |
C | 13 | 20 | 1.2 |
Market Index | 11 | 17 | 1.0 |
The mean risk free rate was 6%. Calculate the Treynor measure and Sharpe measure to evaluate the MF performance.
(b) What are the various methods of classification of Mutual Funds on the basis of investment objective?
(8+7)
- (a) Briefly explain the E-I-C framework of Fundamental Analysis.
- The total risk of a portfolio consist of two parts: Market risk (systematic) and Unique risk (unsystematic). Explain.
(8+7)
- The stock of P Ltd performs well relative to other stocks during recessionary periods, while the stock of Q Ltd does well during the growth period. Both the stocks are currently selling for INR 100/share. The rupee return (dividend plus price) of these stocks for the next year would be as follows:
High growth | Low growth | Stagnation | Recession | |
Probability | 0.3 | 0.4 | 0.2 | 0.1 |
Return of P Ltd stock | 100 | 110 | 120 | 140 |
Return of Q Ltd stock | 150 | 130 | 90 | 60 |
Calculate the expected return and standard deviation of:
- INR 1000 in equity stock of P Ltd
- INR 1000 in equity stock of Q Ltd
- INR 500 in equity stock of P Ltd and INR 500 in Q Ltd.
- INR 700 in equity stock of P Ltd and INR 300 in Q Ltd.
Which of the above 4 options would an investor choose and why? (15 marks)
- (a) The returns on the equity stock of Auto Electricals Limited and the market portfolio over a 11 year period are given below:
Year | Return on
Auto Electricals Ltd. (%) |
Return on
Market Portfolio (%) |
1 | 15 | 12 |
2 | -6 | 1 |
3 | 18 | 14 |
4 | 30 | 24 |
5 | 12 | 16 |
6 | 25 | 30 |
7 | 2 | -3 |
8 | 20 | 24 |
9 | 18 | 15 |
10 | 24 | 22 |
11 | 8 | 12 |
Calculate the beta for the stock of Auto Electricals Limited.
(b ) Explain the relationship between coupon rate, required yield and price of a bond.
(10+5)
- (a) What do SML and CML represent?
- Suppose a company has issued 1975 lakh shares of which 900 shares are promoters’ holdings and its closing price on BSE on say May 10, 2009 was INR 350 per share. , The market capitalization on May 9th 2009 was 354420 lakhs. The index value on the same day was 5620 points. How will the index on May 10th be calculated? Explain the method employed to calculate the index.
(8+7)
Section C
- Case study – Compulsory Question. (15+5 marks)
- (a) What are the 4 main types of charts used in Technical Analysis? Show them diagrammatically and differentiate between them.
Technical analysts believe that certain formations or patterns observed on the bar chart or line chart have a predictive value. Explain how the following patterns help such an analyst to predict stock behaviour.
|
- Give a summary of option pay off patterns
St. Joseph’s College of Commerce M.I.B. 2013 IV Sem Project Management Question Paper PDF Download
St. joseph’s college of commerce (autonomous)
ENDSEMESTER Examination – MARCH / april 2013
MIB – IV SEMESTER
PROJECT MANAGEMENT
Time: 3 Hrs. Max. Marks: 80
Part A:
- Answer any Six Questions in brief. ( 30 marks)
- How important is Knowledge Sharing during a Project Cycle?
- Outline in brief the Role of a Project Leader in convincing the Management regarding balancing of Efforts put in by Project Teams.
- Outline the importance of Information Risk Management in the Context of Project Management.
- Outline the importance of Force Field Analysis in Project Management.
- Outline the importance of Self-directed Teams in Project Management.
- List out any Five Disadvantages which you could observe in the MSPROJECT Version demonstrated to you.
- Explain briefly the difference in approach to Technology Evolution as part of Project Management
Part B:
- Attempt any Five of the following: ( 50 Marks )
- Explain & Analyse with a Flexibility ( Kaviat ) Diagram, a Typical Project for Development of a new Car or a new Insurance Product
- Explain with a Diagram & a Practical Example , the concept behind building a Hierarchy of Involvement of Different Process Groups for an Example Project of your choice.
- Explain with an example as to how a Global Delivery Model helps an Organisation improve Profitability while handling Multiple Projects simultaneously ( Please choose an example either from the Telecom or IT Product Sector )
P.T.O……..
- Explain with an Example & a Sketch how Mapping of Process Groups is done as part of Project Management.
- Explain briefly Five Basic Processes & Five Gate Points which form part of a Typical Project Management Framework.
- Explain with a Practical Example the Five Sections which form part of a Project Charter.
St. Joseph’s College of Commerce M.I.B. 2013 IV Sem International Accounting Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (Autonomous)
M’COM IV SEMISTER
End Semister Examinations April 2013
Subject: International Accounting
Duration: 3 hours Total Marks: 100
Section – A
- Answer any 7 out of 10 of the following questions. Each question carries 5 marks.
- Match the following:
Sl.No. | Column – A | Column – B
|
a. | AS -19 | Revenue Recognition |
b. | AS -11 | Earnings Per Share |
c. | AS -09 | Leases |
d. | AS -20 | Cash Flow Statements |
e. | AS -03 | The Effect of Changes in Foreign Exchange Rates |
- Provide the Scope of Framework for Preparation and Presentation of Financial Statements?
- What are the principal objectives of IFRS Foundation and the IASB?
- Write five important developments which emphasis on International Accounting?
- In not more than 5 sentences explain the need for Foreign Currency Translation in the books of account.
- Name any five countries which have already implemented IFRS.
- Match the following:
Sl.No. | Column – A | Column – B
|
a. | AS -02 | Accounting for Investments |
b. | AS -15 | Accounting for Fixed Assets |
c. | AS -06 | Employee Benefits |
d. | AS -10 | Inventory Valuation |
e. | AS -13 | Depreciation Accounting |
- Name five Transfer Pricing Methods which are applied in arriving at Arm’s Length Price and explain them in not more than 5 sentences.
- Software Export Pvt., Ltd., a company in India are exporters of software development services and during the financial year has invoiced the following amounts in various currencies. Arrive at the Net Foreign Exchange Gain/Loss from the details provided below and also specify the following :
- where will the company reflect the exchange gain or loss in the financial statements.
- Specify what will be the impact on Networth on account of exchange gain or loss.
- Name the accounting standard which you are applying in arriving at the exchange gain or loss.
Sl.No. | Invoice No. | Date of Invoice | Amount | Exchange rate on the date of Invoice | Exchange rate on the date of realisation |
1. | 1000 | 12/04/2011 | USD 15,000 | 44.50 | 44.25 |
2. | 1010 | 16/06/2011 | GBP 25,000 | 72.50 | 73.00 |
3. | 1030 | 10/02/2012 | EURO 10,000 | 65.80 | 63.00 |
- Match the following:
Sl.No. | Column – A | Column – B
|
a. | IASB | INDIA |
b. | COMPANY ACCOUNTING STANDARD RULES, 2006 | USA |
c. | FASB | IFRS |
d. | TRANSFER PRICING | ACCOUNTING STANDARDS BOARD |
e. | ICAI | TNMM |
Section – B
- Answer any 3 out of 5 of the following questions. Each question carries 15 marks.
- List ten differences between Indian GAAP, US GAAP and IFRS.
- Explain Concept of Capital and Capital Maintenance.
- What are the benefits from Harmonisation of Accounting Standards?
- Explain any 7 accounting standards in not more than 5 sentences each.
- Explain the objectives of financial statements.
- Name the branches of accounting and explain the same in not more than 5 sentences each.
- Explain briefly the necessity of reflecting Significant Accounting Policies in the financial statements of a Company. Name atleast 7 accounting policies that you know which are reflected in a company’s audited financial statements and provide the contents of those in atleast 2 sentences.
Section – C
- Compulsory Question: (10 + 5 + 5 Marks)
- Who are the users of financial statements and briefly explain their information needs?
- From the following particulars provided below, arrive at the operating margin of XYZ Pvt., Ltd., which is a wholly owned subsidiary of ABC INC., USA (both the entities are associate entities for the purpose of Transfer Pricing and XYZ is providing its services only to ABC INC.,). Also arrive at the weighted average operating margin of comparable companies from the details provided below:
Particulars of XYZ Private Limited
1. | Turnover | Rs.1,50,00,000 |
2. | Operating Profit | Rs.37,50,000 |
Details of Comparable Companies:
Sl.No. | Name of the Company | Sales Turnover
Rs. |
Operating Cost
Rs. |
Operating Profit
Rs. |
Operating Margin |
1. | A Ltd | 3,50,00,000 | 1,05,00,000 | ||
2. | B Ltd | 2,50,00,000 | 50,00,000 | ||
3. | C Ltd | 2,00,00,000 | 27.50% |
- Match the following:
Sl.No. | Column – A | Column – B
|
a. | Audit Starts when | Accounting |
b. | Language of Commerce | Auditor |
c. | Watch Dog but not a blood hound | Stock Exchange |
d. | NASDAQ | IFRS |
e. | Standards Interpretation Committee | Accounting Ends |
St. Joseph’s College of Commerce M.I.B. 2013 IV Sem International Logistics And Supply Chain Management Question Paper PDF Download
ST.JOSEPSH’S COLLEGE OF COMMERCE (AUTONOMUS)
END SEMESTER EXAM – APRIL 2013
M.I.B. – IV SEMESTER
INTERNATIONAL LOGISTICS AND SUPPLY CHAIN MANAGEMENT
TIME: 180 MINUTES MARKS: 100
SECTION – A
- Answer all (10×2=20)
- Define “Cycle Stock”?
- Define ‘EOQ’?
- Define ‘Value Chain’
- What is ‘Pareto’s Principle’ in Supply Chain Management?
- What are the 5 types of Manufacturing Process?
- What is the difference between ‘Supply Chain Management’ and ‘Logistics Management’?
- What are the reasons for holding inventory?
- What is MRP? What are the two main inputs to MRP?
- What is the difference between ‘Supply Chain Management’ and ‘Demand Chain Management’?
- What is ‘Continuous Review’ order policy and ‘Periodic Review’ order policy?
SECTION – B
- II) Answer any SIX (6×5=30)
- State the difference between ‘Lean’ and ‘Agile’ supply chain strategies?
- State at least 7 characteristics of a learning organization which encourages a learning culture for developing SCM?
- State the advantages and disadvantages of a dedicated 3PL resource and a shared 3PL resource?
- State the different product recovery issues in returns management?
- Define Supplier Relationship Management (SRM)? State the benefits of SRM?
- What are the differences between ‘Craft Manufacturing’ and ‘Mass Manufacturing’?
- Explain the factors that influence the delivery function? What are the main components of delivery within Supply Chain Management?
SECTION – C
III) Answer any FIVE questions. (5×10=50)
- Define ‘Green Logistics’? Explain the common reasons why products are returned? What are the 5 stages of the product return process?
- What are the 4 drivers of supply chain performance? Explain 5 inventory management strategies? Give appropriate examples for each strategy.
- Define ‘Customer Service’ in Supply Chain Management? Explain the benefits of good customer service using the ‘Service Profit Chain Model’? How do you manage key customers?
- What are the common reasons for out sourcing? Explain why many out sourcing relationships fail or end up in a dispute?
- What are the benefits of effective sourcing? Explain with the help of a flow chart the pre-order and post-order steps involved in the purchasing process?
- Define JIT and state the limitations of JIT? Define TQM? What are the differences between “Little q” and “Big Q” in TQM?
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St. Joseph’s College of Commerce M.I.B. 2013 IV Sem International Human Resource Management Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
End Semester Examination – MARCH /APRIL 2013
MIB – IV SEMESTER
International Human Resource Management
Duration: 3 hours Max marks: 100
Section-A
- Answer any seven of the following. Each carries five marks. (7X5=35)
- Critically explain the major approaches of international compensation.
- Define the term International Industrial Relations. What are the factors that affect the same?
- How do you make Performance Appraisal in MNCs’ effective?
- Explain in detail Matrix and Virtual Organizational Structure.
- Differentiate between domestic and international HRM.
- Explain any five organizational strategies to manage Cross Cultural Diversity.
- How are HRM practices of Japan different from those of USA?
- Bring out the reasons for the failure of expats.
- Critically explain different modes of MNC’s entry.
- Explain challenges of re-entry of an expat.
Section-B
- Answer any THREE of the following. Each carries 15 marks. (3×15=45)
- Explain complexities of International Compensation.
- Discuss in detail the shifts in employment practices in MNCs’ in recent times.
- What are the different areas of global training?
- Critically evaluate the various approaches of recruitment.
- Explain significant IHRM activities and issues.
Section-C
- Case Study-Compulsory question. (20 marks)
Graziano Transmission India, a 100% subsidiary of Graziano Italy, specializes in making in gears and transmission systems for vehicles. It was set up in 1998 and commenced commercial production in 2000. The Indian subsidiary of an international firm, Graziano had been compelled by worker protests to agree to reinstate all but 15 of the 250 contractemployees whom it had dismissed in June after they had staged a sit-in demanding a salary raise and status of permanent employees.
Workers gathered outside the transmission factory last Monday, while a small group of worker representatives went inside to meet with management to discuss the fate of the 15 and contract details. The company had earlier renewed on an agreement to provide a 3000 Rupees ($65) per month pay increase, by attaching conditions to the pay hike. While the press has shown scant interest in the causes of labour dispute , the little information in their reports reveal that the Graziano workers lived in constant fear of dismissal, were subjected to frequent abuse, and were at times slapped or beaten for petty infractions.
In the course of heated negotiations between a group of laid-off contract workers and management of Graziano Transmission India, the company’s Chief Executive Officer (CEO) and Managing Director , Lalit Kishore Chaudhary, was killed on Monday, September 22,2008 by a blow to the head. In one of the worst instances of Industrial violence in recent times, the MD-cum-CEO of the Indian Unit of Italian MNC, Graziano Transmission, was bludgeoned to death by a 200-strong armed mob of dismissed workers which had barged into the company premises and indulged in large scale violence. According to Graziano employees, the sacked workers rushed into the premises around 12.20 p.m when the gates were opened to let in a car. “They smashed each one of the approximately 20 cars inside the compound. Hearing the commotion, our CEOLalit Kishore Chaudhary, came out to the building entrance. He was abused while trying to reason with protestors. And, when he objected they beat him to death with a hammer”, said production supervisor Udaivir.
Business representatives have demanded that severe punishment be meted out to the Graziano workers. The FICCI issued a statement that said the incidents of workers unrest “are bound to sully India’s image amongst overseas investors at a time when India is making all-out efforts to make the business environment investment friendly” and demanded that “the culprits be brought to book swiftly and given the severest punishment”.
Business spokesmen are also demanding a drastic increase in police protection forthemselves and their families and swifter action to suppress worker discontent.
In response to this pressure, the Noida District Administration has decided to establish a section or a cell of the police solely devoted to LabourDispute. A Deputy Superintendent of Police who will be charged with meeting with companies to help them resolve their labour disputes, will lead the cell. “The offices engaged in this cell will solely be responsible for industrial issues and nothing else,” Said the Senior Superintendent of Police (Noida) last Wednesday.
None of the Stalinist parties, including the largest, the communist party of India(Marxist) or CPM, have spoken out against the police-business campaign against the Graziano Transmission workers. In its September 28th issue the CPM issue weekly People’s Democracy does not even carry a report on the killing of the Graziano CEO and the reaction of India’s elite to it. This should come as no surprise as the CPM, in its bastion state of West Bengal, has pursued pro-investment policies, all but identical to those the UPA government is implementing nationally.
Fernandez’s retraction notwithstanding, his comments reveal that the ruling elite is well aware that their two-decade long drive to transform India into a cheap labour haven for the benefit of domestic and international corporations has stoked mass resentment that can easily assume a mass and violent character.
Questions:
- Discuss the risks involved in a job in a MNC under competitive environment.
- How the incidents like those in this case, affect the safety of senior executives.
- How the incidents like those in this case, affect the safety of PCNs’ and other expats.
- How the incidents like those in this case, affect the climate for FDI of the host
country?
- Why the host country Government could not respond appropriately?
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St. Joseph’s College of Commerce M.I.B. 2013 II Sem Advanced Computer Applications For Business Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
SUPPLEMENTARY Examinations – APRIL 2013
M.I.B – IV SEMESTER
ADVANCED COMPUTER APPLICATIONS FOR BUSINESS
Note: Attach this question paper to your answer sheet. – C.O.E.
Duration: 3 Hrs Max. Marks: 100
Section – A
- Answer THREE questions out of four. (3 x 5 = 15)
- Outline the Three Stages of a Typical ERP Implementation Process.
- How does the “Pyramid “Approach help in strategizing Business Processes.
- Identify the key benefits claimed by ORACLE’s
( a ) E-Mail Centre
( b ) Call Centre Intelligence in the context of CRM
- What do you understand by an “Extended Enterprise “?
Section – B
- Answer TWO questions out of Three. (2×10 = 20)
- Explain with a Flow Chart the most Common Loan System followed by Banks
- Explain with a Flow Chart the Sequence of Customer-centric Operations followed by Telecom Service Providers.
- What are the Benefits of the Nokia Model of Integrated IT Applications ?
Section – C
- Answer ONE question out of Two ( 10 Marks )
- Explain briefly the SAP NETWEAVER Approach towards configuring a Customized ERP Solution for a Company & compare the same with the Odette Approach.
- Explain with a Sketch the Hoshin Model of Performance Assessment
OR
Explain with a Sketch the Recommended IT Architecture for Performance Assessment based on the BI Model.
Section – D
( 25 Marks )
- A well-known European Brand has decided to enter the Indian Market with a range of
fast-moving Products like Mixer Grinders & Microwave Ovens. They would like to first
satisfy themselves with the Market Potential & then decide on their Marketing &
Manufacturing Strategy. As a first step, they have set up an office, implemented the
Sales & Relationship Management Modules of an ERP, depute a Sales Team & would like
to start selling the Products from their Parent Plant.
Answer the following Questions to guide this Company :
- Draw Two Pyramids & guide them on the Strategy they should adopt
- Outline the Sales & Distribution Process in the form of a Flow Chart
- What are the Four Stages of SCM for Production Planning & what are the Confirmations taken at each of the Stages ?
- What are the typical Outputs generated from the ERP Manufacturing Module ?
What are their Functions in Manufacturing? ( any three )
Section – E
- Answer THREE questions out of Five. (3×10 = 30)
- In an integrated ERP System, briefly outline any three of the following cycles in sequence & list out the Final outputs from the respective Modules:
- Sales Order process cycles
- Purchase process cycle
- Inventory Planning process cycle
- Manufacturing Planning process cycle from the BOM Stage upto the release of Process Cards
- Capacity Planning process cycle
St. Joseph’s College of Commerce M.I.B. 2013 II Sem Business Research Methodology Question Paper PDF Download
St. joseph’s college of commerce (autonomous)
End Semester Examination –APRIL 2013
MIB – II Semester
Business Research Methodology
Duration : 3 hrs Marks : 100
Section – A
- Answer any SEVEN questions (7 x 5 = 35)
- What is Research? Explain the principles of a good research.
- Explain the significance of research problems.
- How does a Survey Method differ from observation method?
- What do you understand by ‘Hypothesis Testing’? State the various hypothesis testing procedures
- Enumerate the different methods of data collection.
- What is Research Design? State the components of Research design?
- Explain ‘conditions for applying Chi-square test’.
- Write short notes on (a) Null Hypothesis (b) Bibliography
- The Sample size of 100 students is taken from a large population. The mean height is 64 inches and S.D 4 inches. Can it be reasonably regarded population mean height is 66 inches. Would you conclude that there is no significant different between sample mean and hypothetical population mean. Table value @ 1% significant level is 2.58. Calculate Z test.
- A fertilizer mixing machine is set to give 4 kg of potassium for every quintal bag of fertilizers. Five 100 kg bags are examined. The percentages of potassium are 2,6,4,3,1 Calculate t-test and assume that: Is there reason that the machine is defective?
Find below Critical value of student’s t- Distribution at 0.05level
d.f | 0.05 |
1 | 12.706 |
2 | 4.303 |
3 | 3.182 |
4 | 2.776 |
5 | 2.571 |
6 | 2.447 |
7 | 2.365 |
8 | 2.306 |
9 | 2.262 |
10 | 2.228 |
Section – B
- Answer any THREE (Analytical Questions) (3 x 15 = 45)
- Describe the different types of research. Explain the various hierarchies involved in research process.
12.Explain the significance of a research report and elucidate the various steps involved in writing a research dissertation.
- “Experimental method of research is not suitable in management field”—discuss.
- Based on the information on 400 randomly selected respondents were asked for the responses favored towards religious Affiliations, the following classification was noted:
Responses Favoured | Hindu | Muslim | Christian | Sikh |
Gudiya Should go to Arif | 50 | 95 | 7 | 10 |
Gudiya Should go to Taufeeq | 25 | 15 | 8 | 10 |
Leave it to Gudiya to decide | 35 | 30 | 50 | 10 |
No opinion | 15 | 10 | 10 | 20 |
Total | 125 | 150 | 75 | 50 |
Would you conclude that there is no association between religious affiliation and response favored by the respondents at 5% level? Work out Chi–square test as a testing procedure?
- The following are the details of sales affected by three sales person in four door to door campaigns. Prepare H0 and H1 and Calculate Analysis of variance.
Sales Person | Position of sales @ door to door campaigns | |||
A | 8 | 9 | 5 | 10 |
B | 7 | 6 | 6 | 9 |
C | 6 | 6 | 7 | 5 |
Determine the observe F value. Compare it to the critical F value and decide whether to reject the null hypothesis.
Section – C
III) Compulsory Case study- (Model Research Proposal Preparation) (1 x 20 = 20)
The Indian PC market is increasing at rapid strides. The giants in this market are HCL, Wipro, LG, HP, and IBM. The computers are no more perceived as a product needed for software engineers. It is being used even school going Children, Internet Users, Colleges, Universities, Engineers, Doctors etc. Keeping in view the attitude towards the computer, you are required to design a model to study about the consumer behaviour to know about various factors that influence consumer behaviour in India for a new brand of a computer.
(Research Design & Lay out -15 Marks & Questionnaire Design – 5 Marks)
St. Joseph’s College of Commerce M.I.B. 2013 II Sem Operation Research Question Paper PDF Download
- JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
End Semester Examinations – April 2013
MIB – II SEMESTER
Operation Ressearch
Duration: 3 Hrs Max. Marks: 100
Section – A
- Answer any SEVEN questions (out of TEN) (7 x 5 = 35)
- Define Operation Research. Support or refute that the following problems are suited for operations research by giving reasons in defense briefly-
- a) Stockpiling of crackers prior to Diwali
- b) A scooter, its driver and his companion towards office.
- c) Opening another payment counter by a commercial bank.
- d) A newspaper boy estimating how many copies of the Times Of India he should procure every day.
- e) Reinforcing the strength of the unloading equipment and facilities by the port authorities of Madras.
- Let us assume that you have inherited Rs1,00,000 from your father-in-law that can be invested in a combination of only two stock portfolios, with maximum investment allowed in either portfolios at Rs 75,000. The first portfolio has an average rate of return of 10% whereas the second has 20%. In terms of the risk factors associated with these portfolios, the firm has a risk rating of 4 (on a scale 0 to 10) and second has 9. Since you wish to maximize your return, you will not accept on average rate of return below 12% or a risk factor above 6. Hence you then face an important question. How much should you invest in each portfolio? Formulate the LP model and solve by graphical method.
- XYZ Company wants to undertake an order for a customer. The order involves four tasks A, B, C and D. Four workers W1, W2, W3 and W4 are available for doing the tasks. Each worker will be uniquely assigned to only one of the four tasks. The company manager wants to minimize the total estimated labour hours required o complete the order. The supervisor has estimated the times required for each worker to complete each task. These times are shown in the table below:
Labour Time(*hours) | ||||
Worker/job | A | B | C | D |
W1 | 5 | 3 | 1 | 5 |
W2 | 6 | 6 | 2 | 7 |
W3 | 5 | 5 | 3 | 8 |
W4 | 8 | 2 | 4 | 3 |
Assume that any of the tasks may be done concurrently with the others. How would the manager assign workers to tasks so that the total time for completion of all four tasks is minimized?
- Draw a network diagram and ascertain critical path
Activities | A | B | C | D | E | F | G |
Predecessor | – | – | – | A | B | C | D,E,F |
Duration(days) | 7 | 10 | 8 | 5 | 6 | 4 | 5 |
Also calculate total float.
- At Dr Ashok’s clinic patients arrive at an average of 6 patients per hour. The clinic is attended to by Dr Ashok himself. Some patients require only the required prescription. Some come for minor checkup while some others require thorough inspection for the diagnosis. This takes the doctor six minutes per patient on an average. It can be assumed that arrivals follow a Poisson distribution and Doctor’s inspection time follows an exponential distribution. Determine :
- i) the percentage of time can walk to the doctor without having to wait
- ii) the average number of patients in the system
iii) the average number of patients in the queue
- Differentiate between pure strategy and mixed strategy.
Solve the game whose pay-off matrix is given by
Player A |
Player B | ||
15 | 2 | 3 | |
6 | 5 | 7 | |
-7 | 4 | 0 |
- a) What is a trans-shipment problem?
- b) Describe the steps involved in solving a transportation model by MODI
method.
- A confectioner sells confectionery items. Past data of demand per week in hundred kilograms with frequency is given below:
Demand/week | 0 | 5 | 10 | 15 | 20 | 25 |
Frequency | 2 | 11 | 8 | 21 | 5 | 3 |
Using the following sequence of random numbers, generate the demand for the next 10 weeks. Also find the average demand per week.
R.No | 35 | 52 | 90 | 13 | 23 | 73 | 34 | 57 | 35 | 83 |
- Give in brief the methodology of Operation Research.
- What do you understand by the term duality? Write the dual for the following primal LP problem.
Minimize Z =20X1 + 15X2 +18X3 + 10X4
Subject to
4X1 -3X2 + 10X3+ 4X4 < 60
X1 + X2+ X3 = 27
-X2 +4X2+ 7X3 > 35
Non negativity X1, X2, X3, X4 > 0
Section – B
- Answer any THREE out of FIVE. (3 x 15 = 45)
- A diet conscious housewife wishes to ensure certain minimum intake of vitamins A,B and C for the family. The minimum daily (quantity) needs of the vitamins A,B and C for the family are respectively 30,20 and 16 units. For the supply of this minimum vitamin requirement, the housewife depends on two fresh foods. The first one provides 7,5, 2 units of three vitamin per gram respectively and the second one provides 2,4, 8 units of the same three vitamins per gram of the food stuff respectively. The first food stuff costs Rs 3 per gram and the second Rs 2 per gram. The problem is how many grams of each food stuff should the housewife buy everyday to keep her food bill as low as possible?
- a) formulate the underlying L.P problem.
- b) write the dual problem
- c) solve the dual problem by using the simplex method.
- The marketing manager of a company faced with the problem of assigning 5 regional managers to six zones. From past experience he knows that the efficiency percentage judged by the sales, market share, operating cost etc depends a lot on Regional Manager Zone combination given below:
Regional Manager Zones | ||||||
Managers | I | II | III | IV | V | VI |
A | 71 | 89 | 85 | 80 | 76 | 78 |
B | 79 | 83 | 67 | 74 | 72 | 83 |
C | 73 | 70 | 81 | 82 | 76 | 89 |
D | 91 | 94 | 84 | 89 | 81 | 80 |
E | 88 | 89 | 77 | 87 | 67 | 74 |
You are to advise the marketing manager which zone should be managed by a junior manager due to the non-availability of a regional manager, so that overall efficiency is maximized.
- A company has four terminals u, v, w and x. at the start of a particular day 10, 4, 6 and 5 trailers respectively are available at these terminals. During the previous night 13, 10, 6 and 6 trailers respectively were loaded at plants A, B, C and D. the company dispatcher has come up with the costs between the terminals and plants as follows:
TERMINAL |
PLANTS | ||||
A | B | C | D | ||
U | 20 | 36 | 10 | 28 | |
V | 40 | 20 | 45 | 20 | |
W | 75 | 35 | 45 | 50 | |
X | 30 | 35 | 40 | 25 |
Find the allocation of loaded trailer from plants to terminals in order to minimize transportation cost.
- A book store wishes to carry a particular book in stock. Demand is probabilistic and replenishment of stock takes two days (i.e if an order is placed on 1st March, it will be delivered at the end of the day on March 3). The probabilities of demand are given below:
Demand(daily) | 0 | 1 | 2 | 3 | 4 |
Probability | 0.05 | 0.10 | 0.30 | 0.45 | 0.10 |
Each time an order is placed, the store incurs an ordering cost of Rs 10 per order. The store also incurs a carrying cost of Rs 0.05 per book per day. The inventory carrying cost is calculated on the basis of stock at the end of each day. The manager of the book store wishes to compare two options for his inventory decision:
A ) order 5 books when the inventory at the beginning of the day plus orders outstanding is less than 8 books.
- B) order 8 books when the inventory at the beginning of the day plus orders outstanding is less than 8.
Currently (beginning of 1st day) the store has a stock of 8 books plus 6 ordered two days ago and expected to arrive next day. Using Monte Carlo simulation for 10 cycles, recommend which option the manager should choose.
The two digit random numbers are: 89, 34, 78, 61, 39, 16, 13, 73.
- Discuss the various techniques used in Operation Research.
Section – C
- ONE Compulsory Case study (No choice) (1 x 20 = 20)
- Project consists of eight activities with the following time estimates:
ACTIVITY | IMMEDIATE PREDECESSOR | OPTIMISTIC TIME(DAYS) | MOST LIKELY TIME(DAYS) | PESSIMISTIC TIME(DAYS) |
A | – | 1 | 1 | 7 |
B | – | 1 | 4 | 7 |
C | – | 2 | 2 | 8 |
D | A | 1 | 1 | 1 |
E | B | 2 | 5 | 14 |
F | C | 2 | 5 | 8 |
G | D,E | 3 | 6 | 15 |
H | F,G | 1 | 2 | 3 |
- Draw PERT network.
- Find expected time for each activity
- Determine the earliest event time and latest allowable time.
- Determine critical path.
- Determine the total float for each activity
- what is the probability that the project will be completed in
- a) 22days b) 18 days and c)19days.
St. Joseph’s College of Commerce M.I.B. 2013 II Sem Impex Procedures & Documentation Question Paper PDF Download
St. joSEPH’S COLLEGE OF COMMERCE (AUTON0MOUS)
END SEMESTER EXAMINATION – APRIL 2013
M.I.B – II semester
IMPEX Procedures & DOCUMENTATION
Duration: 3 Hrs Max. Marks: 100
Section – A
- Answer ALL the questions. Each carries 4 marks. (10×4=40)
- Name any 5 Export Promotion Councils.
- Give the expansion of the following : 1. CT-PAT 2) COC 3) ISO 4) DEPB 5) GSP
- What are the two types of certificate of origin ?
- How many countries extend preferential tariff treatment?
- Name 5 countries in the European Union.
- Name 5 countries outside E.U. that extend tariff concessions.
- Which Statistical sampling is used for carrying out Pre-shipment
Inspection of garments
- What are the 3 types of audits?
- Name the organization which allots I.E. Code?
10 Name a minimum of 5 regulatory documents
Section – B
- Answer BOTH the questions. Each carries 20 marks. (2×20=40)
- From The Advance Authorization No. 0410099952 dated 12.11.2008
Prepare the Application for Letter of Credit with special conditions for
Item No.1 bearing ITCHS Code 62-05-9090.
- Prepare G.S.P for Item no. 1
Section – C
- Answer the following questions. ( Marks 20)
From the given Documentary Credit no.
201210030925CMCIFRPPXXX01850955 answer the following:
- What type of Documentary is this?
- Who is the First Beneficiary and the Second Beneficiary?
- What is the last date of shipment?
- What is the penalty for shipping beyond ship date ?
- Who bears the Freight charges?
- What are the charges for discrepancy in the documents?
- Name the port of loading and port of final destination?
- Mention 4 of the Documents to be submitted for negotiations.
- Name the language in which the documents should be?
- Give the address to which the Documents to be sent?
St. Joseph’s College of Commerce M.I.B. 2013 II Sem International Financial Institutions And Markets Question Paper PDF Download
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION- MARCH/APRIL 2013
MIB – II SEMESTER
INTERNATIONAL FINANCIAL INSTITUTIONS AND MARETS
Duration: 3 Hours Max. Marks: 100
Section – A
I) Answer ANY SEVEN questions. (7X5=35)
1. “The interbank market uses quotation conventions adopted by ACI.” What are these conventions?
2. With reference to International Banking, explain Foreign Exchange risk.
3. “The RBI’s decision to cut rates will help revive investment in the economy,” Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, said, adding that the economy was beginning to bottom out after a long slowdown. He was referring to the Repo rate and CRR. Explain how?
4. India has a BBB- rating from S&P, the lowest investment grade among the BRIC group of large emerging economies and one notch above “junk” status. In the light of the above, write a note on credit rating symbols and junk bonds.
5. Suppose an edible oil importer wants to import edible oil worth USD 100,000 and places his import order on July 15, 2008, with the delivery date being 4 months ahead. At the time when the contract is placed, in the spot market, one USD was worth say INR 44.50. But, suppose the Indian Rupee depreciates to INR 44.75 per USD when the payment is due in October 2008, the value of the payment for the importer goes up to INR 4,475,000 rather than INR 4,450,000. What would be his hedging strategy?
6. Explain the role of IMF as a centerpiece of world monetary order.
7. If the spot rate is USD/INR 45.50/45.55 and one month swap points are given as 20/30, how is the forward rate calculated and why is this mechanism followed? GBP/USD Spot: 1.5677/1.5685 and GBP/USD 1 month Forward: 1.5575/1.5585. Calculate the forward premium/discount. What does the result indicate?
8. Distinguish between futures and forwards.
9. Differentiate between Eurobonds and Foreign Bonds.
10. Write a note on Fannie Mae.
Section – B
II) Answer any THREE questions (3×15=45)
11. Mr Patil has retired after what can be called a very fulfilling career with a leading engineering company. His only daughter is married and well settled in Bangalore. He owns a large house in Thane — worth about INR 80 lakh (INR 8 million), but he has limited savings (including PPF and EPF) of INR 10 lakh (INR 1 million) to generate any major income. He is not expecting any pension either. His worry now is to pay for his modest monthly expenses of INR 20,000. The only option he had earlier was to rent his house and move to a smaller house himself or to sell his house altogether and invest the proceeds to earn a higher monthly income. Either way, in his old age, he will be forced to look around for accommodation and keep on worrying about the rising rents — not a very happy prospect.
Is there a better way out for him?
12. On 27th December 2008, Gitanjali Jewellers required State Bank of India to remit FFR 300,000 to France in payment of import of diamonds under an irrevocable LC. However due to the bank’s strike, State Bank of India could remit only on 4th January 2009. Interbank rates were as follows:
PLACE 27th December 2008 4th January 2009
Delhi (INR/USD)
USD per INR 100 4.10/4.15 4.07/4.12
London (GBP/USD) 2.7250/60 2.7175/85
Paris (GBP/FFR) 4.9575/90 4.9380/ 90
State Bank of India wishes to retain an exchange margin of 0.125%. How much does Gitanjali Jewellers stand to gain or lose due to the delay?
13. (a) You are planning a trip to Europe and Japan and want to change USD into Euros and yen. Your bank provides the following quotes:
Bid Ask
Euros USD 1.194 USD 1.245
Yen USD 0.009245 USD 0.00967
What is the bank’s bid ask spreads? How much would you lose if you converted USD 500 into Euros and USD 500 into yen and then back to USD?
(b) The market price of a Rs. 1000 par value bond carrying a coupon rate of 14% and maturing after 5 years is Rs. 1050. What is the YTM on this bond? What is the approximate YTM?
(8+7)
14. What is a letter of credit? Explain its working in the light of it being a product offered by international banks.
15. (a) A bank issued a demand draft on Montreal for Canadian dollar 50,000 at CAD/INR 29.4850. However, after a few days the purchaser of the draft requested the bank to cancel it & repay the rupee equivalent to him. Assuming CAD is quoted in the Singapore Foreign Exchange market as USD/CAD 1.4541/4561 and in the interbank market USD/INR is 42.5275/5350, how much the customer will gain or lose on cancellation of the draft? Exchange margin on TT buying is 0.08%.
(b ) From the following information you are required to calculate (a) ready bill buying rate, (b) 2 months forward buying rate for demand bill, (c) ready rate for 60 days usuance bill, and (d) 2 months forward buying rate for 60 days usuance bill
Interbank rate USD
Spot USD 1= INR 42.6000/ 6075
1 month 3500 / 3600
2 months 5500 / 5600
3 months 8500 / 8600
4 months 1.1500 / 1.1600
5 months 1.3500/1.3600
6 months 1.5500/ 1.6600
Transit period is 20 days. Exchange margin is 0.10%.
(8+7)
16. (a) An importer-customer of a bank wishes to book a forward contract with the bank on 2nd August 2010 for sale to him of USD 150,000 delivery November 2010.
The spot rates on 2nd August 2010 are USD / INR 42.3700 / 3800 and the swap points are:
USD/ INR Spot August 0300/0400
Spot September 1100/1300
Spot October 1900/ 2200
Spot November 2700/3100
Spot December 3500/ 4000
(b) Euro is quoted in Singapore as under:
Spot EUR 1 = USD 1.0125/150
1 month forward 0.0050/0.0075
In the interbank market USD is quoted as under:
Spot USD 1= INR 42.1250/ 1375
1 month forward 6000/ 6100
The bank is required to load an exchange margin of 0.15% in the exchange rate for TT selling and 0.20% for bill selling.
A shipping company has asked the bank to quote the bank’s spot TT selling rate for a freight remittance of EUR 150,000 to Frankfurt.
What rates will the bank quote to the customer?
Section – C
III) Case study – Compulsory Question. (15+5 marks)
17. Suppose Mr X wants to open a multiplex and is in need of funds for the same. To raise funds, Mr X can sell his future cash flows (cash flows arising from sale of movie tickets and food items in the future) in the form of securities to raise money.
In the light of the above example explain the process of securitization.
St. Joseph’s College of Commerce M.I.B. 2013 III sem Finance For Managers Question Paper PDF Download
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION- APRIL 2013
MIB – II SEMESTER
FINANCE FOR MANAGERS
Duration : 3 HRS MARKS : 100
SECTION – A
I) Answer any SEVEN of the following. Each question carries 5 marks. (7×5=35)
1. Explain the theories of Dividend Policy.
2. Explain any five Risk Accounting Methods.
3. Explain factors affecting Capital Structures.
4. Explain in detail tools of Inventory Management.
5. Give a note on Bonus Shares.
6. Elucidate the various Finance Decisions.
7. How do you measure time value of money?
8. What are the different types of leverages? Explain their importance.
9. Define Capital Budgeting and explain its importance.
10. Write a note on factoring.
SECTION – B
II) Answer any THREE of the following. Each question carries 15 marks (3×15=45)
11. Critically evaluate the objectives of Financial Management.
12. Explain the following Innovative sources of long term finance
a. Lease Finance
b. Venture Capital
c. Euro Issues
13. Aries Ltd. Wishes to raise additional finance of Rs.10,00,000 for meeting its investment
plans. It has Rs.2,10,000 in the form of retained earnings available for investment purpose. The following are the further details
Date Equity Mix is 3:7
Cos of debt upto Rs.1,80,000-10% before tax, beyond Rs.1,80,000-16% before tax
Earnings per share Rs.4
Dividends payout– 50%
Expected growth rate in dividend – 10%
Current market price per share- Rs.44
Tax rate- 50%
You are required to
a. To determine the pattern of raising the additional finance.
b. To determine post tax average cost of additional debt.
c. To determine cost of retain earnings and cost of equity.
d. Compute overall WACC
14. Axion Ltd. Sells its product on a gross profit of 20% on sales. The following information
is extracted from its annual accounts for the year ending 31st March 2012
Sales( 3 months Credit ) Rs.40,00,000
Raw materials Rs.12,00,000
Wages(15 days in arrears) Rs.9,60,000
Manufacturing Expenses(1 month in arrears) Rs.12,00,000
Administration Expenses (1 month in arrears) Rs.4,80,000
Sales Promotion Expenses (payable half-yearly in advance) Rs.2,00,000
The company enjoys 1 month’s credit from its suppliers and maintains two months stock of raw material and one and a half months of finished goods. Cash balance is maintained at Rs.1,00,000. Assuming a 10% margin find out working capital requirement.
(Cost of sales to be considered for debtors and stock of finished goods)
15. An enterprise can make either of two investments at the beginning of 2013. Assuming
rate of return at 10% Evaluate the investment proposals as under
a. Payback period
b. NPV
c. PI
d. IRR (10% and 14%)
Particulars Proposal A Proposal B
Rs. Rs.
Cost of investment 20,000 28,000
Life (years) 4 5
Net Income (after depreciation and tax)
2012 500 NIL
2013 2,000 3,400
2014 3,500 3,400
2015 2,500 3,400
2016 — 3,400
It is estimated that each of the alternative projects will require an additional net working capital of Rs.2,000which will be received back in full after the expiry of each project life. Depreciation is provided under straight line method
SECTION – C
III) Case Study- Compulsory question. (20 marks)
16. A firm has a sales of Rs.75,00,000, Variable cost of Rs. 42,00,000 and fixed cost of
Rs.6,00,000. It has a debt of Rs.45,00,000 at 9% and equity of Rs. 55,00,000
a. What is the firm’s ROI ?
b. Does it have favorable financial leverage?
c. If the firm belongs to an industry whose asset turnover is 3. Does it have a high or low
Asset leverage?
d. What are the operating, financial and combined leverages of the firm?
e. If the sales drop to Rs.50,00,000 what will be its new EBIT ?
f. At what level the EBIT of the firm will be equal to 0 (zero).
g. Determine its present and future EPS if the value of each share is Rs.100.