Loyola College Question Paper 2009

Loyola College B.Com Corporate & Secretaryship Nov 2008 Commercial Law Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

LA 07

 

FIFTH SEMESTER – November 2008

BC 5503 – COMMERCIAL LAW

 

 

 

Date : 07-11-08                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

 

SECTION  A

Answer ALL questions                                                                                   ( 10 x 2 = 20 )

  1. What do you understand by Fidelity guarantee?
  2. Who are co sureties?
  3. What do you understand by gratuitous bailment?
  4. What is meant by a general lien?
  5. Who is a partner at will?
  6. Is reconstitution of firm allowed? If so, under what circumstances?
  7. Write a note on consumer protection council.
  8. What is meant by value added tax?
  9. Define pledge
  10. Can a minor become a partner?

SECTION  B

Answer Any FIVE  questions                                                                                     ( 5 x 8 = 40 )

  1. What are the rights of an indemnity holder?
  2. When can a guarantee be revoked?
  3. Distinguish between bailment, pledge and mortgage.
  4. Can a non owner pledge? If so, under what circumstances?
  5. Define Partnership. What are the different kinds of partners?
  6. Under what circumstances should partnership be dissolved compulsorily?
  7. Explain the role played by consumer disputes redressal agencies.
  8. Bring out the objectives of value added tax.

SECTION  C

Answer Any TWO questions                                                                           ( 2 x 20 = 40 )

  1. Define bailment. Discuss the duties and rights of a Bailee.
  2. Examine the relationships of partners among themselves and the world at large.
  3. Discuss the provisions relating to methods of set-off of tax credit.

 

 

 

Loyola College B.Com Corporate & Secretaryship Nov 2008 Business Management Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

 

LA 01

 

FIRST SEMESTER – November 2008

BC 1500/CR 1501 – BUSINESS MANAGEMENT

 

 

 

Date : 12-11-08                     Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

                                        PART A                                                           (10×2=20marks)

 

  1. Answer ALL questions

 

  1. What is the essence of Scientific Management?
  2. What are the important characteristics of a strategy?
  3. Define Decision Tree. What are the important components?
  4. What is Scalar principle.
  5. Explain Development of Personnel in a few lines.
  6. What is Sensitivity Training?
  7. What are the important characteristics of Leadership?
  8. What are the basic elements of the Communication Process?
  9. What are the various steps in the Control Process?

10.What is Critical Point Control?

 

PART B

 

  1. Answer any FIVE questions                                                                    (5×8=40 marks)

 

  1. What are the important skills required by the manager of a modern enterprise to do his job

efficiently and effectively?

  1. Discuss the findings and conclusions arrived at by ‘ELTON MAYO’ And his team after the

conduct of ‘HAWTHORNE EXPERIMENTS’.

  1. Define Strategic Planning and Operational Planning. Bring out the important points of differences

between the two.

  1. Define Objective. What are the essentials of Valid Objectives?
  2. Discuss the important elements of organization.
  3. What is an Organization Mannual? Write a brief note on the various Organization Mannuals.
  4. Define Training. Why is training needed?
  5. Discuss various step in the Motivational Process.

 

                                        PART – C

 

      III.  Answer any TWO questions                                                                             (2×20=40marks)

 

  1. Explain in detail the Fundamental Principles of Planning.
  2. Explain in detail various obstacles which come in the way of Effective Delegation.

21.Define Control. Discuss the Features of an Ideal Control System.

 

 

 

Loyola College B.Com Corporate & Secretaryship Nov 2008 Business Environment Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

   B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

LA 02

 

FIRST SEMESTER – November 2008

BC 1501 – BUSINESS ENVIRONMENT

 

 

 

Date : 10-11-08                     Dept. No.                                        Max. : 100 Marks

Time : 1:00 – 4:00

 

 

SECTION – A

Answer ALL the questions                                                                          (10 x 2 = 20)

 

  1. What is the meaning of the term Business?
  2. What is business environment?
  3. Explain the economic environment of business.
  4. What is Mixed economy?
  5. What is meant by constitutional environment of business?
  6. What is legal environment of business?
  7. What are the concepts of business ethics.
  8. Define Globalisation.
  9. What is MBO?

 

SECTION – B

Answer any FIVE questions only                                                                (5 x 8 = 40)

 

  1. What are the factors affecting business environment?
  2. State the effects of inflation on business.
  3. Explain the fundamental rights of a citizen in India.
  4. Explain what is meant by welfare-state.
  5. What are the various problems of an economy?
  6. Analyse the responsibilities of business towards its employees.
  7. Discuss about business – Consumer relationship.
  8. “In corporate management the concept of ethical values poses problems” – Explain.

 

SECTION – C

Answer any TWO questions                                                                                    (2 x 20 = 40)

 

  1. What is the role of government in shaping the business environment?
  2. Mention some of the legislation in India to protect the interest of consumers.
  3. Analyse the functions of WTO and critically examine how this organization can be considered superior to GATT.

 

 

 

Go To Main Page

 

 

Loyola College B.Com Corporate & Secretaryship Nov 2008 Auditing Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

LA 11

 

   B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

FIFTH SEMESTER – November 2008

BC 5401 – AUDITING

 

 

 

Date : 14-11-08                     Dept. No.                                        Max. : 100 Marks

Time : 9:00 – 12:00

PART A

Answer ALL the questions:                                                                (10 X 2 = 20)

State the meaning or concepts of the following

 

  1. Auditing.
  2. Voucher.
  3. Audit Evidence.
  4. Tick Marks.
  5. Audit Report.
  6. FIFO, LIFO, WIP, AS-2.
  7. Audit Planning.
  8. Working Papers.
  9. Contingent Liability.
  10. Independent Auditor.

PART B

Answer any FIVE Questions                                                                             (5 X 8 = 40)

  1. Discuss the factors that are determining scope of audit testing.
  2. What are the objects of internal checks?
  3. Bring out the differences between provisions and reserves.
  4. Explain the advantages of continuous audit.
  5. What is an audit file? Explain the different types of audit file.
  6. What are the professional qualities of an auditor?
  7. Write a short note on the audit of impersonal ledger.
  8. Explain the merits of audit programme.

 

PART C

Answer any TWO Questions                                                                            (2 X 20 = 40)

 

  1. What are the objectives of audit? Explain.
  2. Explain the duties and responsibilities of an auditor with regard to vouching of
  3. a) Purchases b) Petty cash book                              (10 + 10)
  4. How will you verify the following and explain with examples:
  5. a) Sundry debtors b) Inventories
  6. c) Loans and advances d) Trade creditors.                              (4 X 5 = 20)

 

 

Go To Main Page

Loyola College B.Com Corporate & Secretaryship April 2009 Portfolio Management Question Paper PDF Download

by

       LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 18

SIXTH SEMESTER – April 2009

BC 6602 – PORTFOLIO MANAGEMENT

 

 

 

Date & Time: 21/04/2009 / 9:00 – 12:00     Dept. No.                                                       Max. : 100 Marks

 

 

SECTION – A

  1. Answer all the questions: 10 x 2 = 20 Marks

 

  1. What are the different types of portfolios?
  2. What do you mean by speculation?
  1. What is a passive portfolio?
  2. What is meant by systematic risk?
  3. What is need for diversification in portfolio?
  4. Define the term SML.
  5. Define the term Bond.
  6. What are preference shares?
  7. What is Constant ratio plan?
  8. An investor purchased a bond at a price of Rs.900 with Rs.100 as coupon payment and sold it at Rs.1,000. What is his holding period return?

 

SECTION – B

  1. Answer any FIVE questions only: 5 x 8 = 40 Marks

 

  1. Define Investment. Explain the process of investment.
  2. Following information is available in respect of the rate of return of two securities

A and B in different economic conditions:

 

Condition Probability Rate of return Rate of return
    Security A Security B
Recession 0.20 – 0.15 0.20
Normal 0.50 0.20 0.30
Boom 0.30 0.60 0.40

Find out the expected returns and the standard deviations for these two securities.  Suppose, an investor has Rs.20,000 to invest.  He invests Rs.15,000 in Security A and balance in Security B, what will be the expected return of the portfolio?

  1. What are the salient features of Constant rupee value plan?

 

 

  1. Pearl and Diamond are the two mutual funds.  Pearl has a mean success of 0.15 and Diamond has 0.22.  The Diamond has double the beta of Pearl fund’s 1.5.  The standard deviations of Pearl and Diamond funds are 15% & 21.43%.  The mean return of market index is 12% and its standard deviation is 7.  The risk free rate is 8%.

Compute the Jensen Index for each fund

  1. Explain in detail the various investment avenues.
  2. Explain with examples the concept of systematic and unsystematic risks.
  3. What is meant by Capital Asset Pricing Model?
  4.  Explain the following:
  • penny stocks (b) Demat (c) Dividend yield (d) Beta

 

 

SECTION – C

III. Answer any TWO questions only:                                            2 x 20 = 40 Marks

 

  1. Stocks L and M have yielded the following returns for the past two years:

 

Years Returns (%)
L M
2007 12 14
2008 18 12

 

  1. What is the expected return on the portfolio made up of 60% of L and 40% of M?
  2. Find out the standard deviation of each stock.
  3. What is the covariance and co-efficient of correlation between L and M?
  4. What is the portfolio risk of a portfolio made up of 60% of L and 40% of M?

 

  1. The following three portfolios provide the particulars given below:

 

Portfolio Average Return Std. Deviation Correlation
A 18 27 0.8
B 14 18 0.6
C 15 8 0.9
MARKET 13 12 —

 

Risk free rate of interest is 9. Rank these portfolios using Sharpe and Treynor methods.

 

  1. Explain in detail the Economic, Industry and Company analysis.

 

 

 

Go To Main Page

 

Loyola College B.Com Corporate & Secretaryship April 2009 Office Management Question Paper PDF Download

by

         LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 17

SIXTH SEMESTER – April 2009

BC 6601 / CR 6601 – OFFICE MANAGEMENT

 

 

 

Date & Time: 25/04/2009 / 9:00 – 12:00  Dept. No.                                                   Max. : 100 Marks

 

 

SECTION-A

Answer all of the following                                                              (10×2 = 20 Marks)

 

  1. What is office management?
  2. Enumerate any three advantages of filing.
  3. State the objectives of O& M.
  4. What do you understand by paperless office?
  5. 5. Identify any four types of most commonly used office machines
  6. What is an office routine?
  7. What do you understand by office manual?
  8. State any two principles of office layout
  9. 9. Write a short not on centralized correspondence.
  10. What is a cash register? Give an example.

 

SECTION-B

Answer any five of the following questions                                   (5×8 = 40 Marks)

 

  1. 11. Describe the functions of an office manager.
  2. 12. State the merits of mechanization of office.                                                                           
  3. What are the various departments of a Modern office?
  4. 14. Differentiate an office system from office procedure.
  5. Give the classification and arrangements of Files with examples.
  6. Explain the guiding principles of Form designing.
  7. 17. What are the common types of office communication?
  8. 18. Discuss the need to control office Stationery and Supplies.

 

SECTION-C

Answer any two of the following questions                                     (2×20 = 40 Marks)

 

 

  1. Discuss the procedure to be followed in handling the Inwards and outgoing mails.
  2. 20. Explain the functions of a modern office.
  3. 21. Draft any one type of routine report to be forwarded to the management.

 

 

Go To Main Page

 

 

 

Loyola College B.Com Corporate & Secretaryship April 2009 Mercantile Law Question Paper PDF Download

by

  LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 04

THIRD SEMESTER – April 2009

BC 3500 / CR 3500 – MERCANTILE LAW

 

 

 

Date & Time: 05/05/2009 / 9:00 – 12:00     Dept. No.                                                       Max. : 100 Marks

 

 

 

SECTION – A

Answer ALL questions.                                                                                  (10 x 2 = 20)

 

  1. Define the term ‘offer’.
  2. What is Contingent Contract?
  3. What is Free consent?
  4. Explain capacity to contract.
  5. Define the contract of insurance.
  6. Who is a common carrier?
  7. What is meant by private carrier?
  8. Explain the term performance of contract.
  9. Who is an agent?
  10. Who is an unpaid seller?

SECTION – B

 Answer any FIVE questions only.                                                                (5 x 8 = 40)

 

  1. Explain the legal provisions relating to a valid offer.
  2. What are the legal rules regarding consideration?
  3. Describe the various modes by which a contract can be discharged.
  4. What are the different kings of marine insurance policies?
  5. State the duties of a common carrier.
  6. Explain different kinds of agent.
  7. Can non-owners effect sales? if so explain.
  8. What are the main objects of Central Sales Tax Act?

 

SECTION – C

Answer any TWO questions only.                                                                 (2 x 20 = 40)

 

  1. Describe the essentials of a valid contract.
  2. Explain the ways by which an agency can be terminated.
  3. What are the rights and duties of buyer under the sale of goods Act?

 

 

Go To Main Page

Loyola College B.Com Corporate & Secretaryship April 2009 Management Accounts Question Paper PDF Download

by

     LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 16

SIXTH SEMESTER – April 2009

BC 6600 – MANAGEMENT ACCOUNTS

 

 

 

Date & Time: 18/04/2009 / 9:00 – 12:00 Dept. No.                                                     Max. : 100 Marks

                     PART  A

Answer ALL questions:                                                                                  Marks: 10 x 2=20

 

Explain the following:

  1. Margin of safety
  2. Fund from operation
  3. Gang composition variance
  4. Earnings per share
  5. Limiting factor
  6. Zero base budget
  7. Budgeted overheads Rs.50000

Budgeted  production  10000 units

Actual overheads Rs.54000

Actual production 11000 units

Calculate overhead volume and expenditure variance

  1. Sales Rs.1,00,000; margin of safety is 40% and PV ratio is 20%. Calculate Fixed cost.
  2. Opening stock Rs.5000; closing stock Rs.9000; Purchases Rs.81,000.

Calculate Stock turnover ratio.

  1. Current ratio is 2. State whether the current ratio will increase, decrease or remain unchanged in each of the following cases:
  2. Creditors are paid out
  3. Stock is purchased on credit
  4. Cash collected from debtors
  5. Stock purchased by issue of shares

PART B

Answer ANY FIVE questions                                                                                 Marks: 5×8=40

 

  1. The following details relate to product ‘X’ for the month of March. You are required to compute the material and labour cost variances.

Standard cost per unit:

Material  50 kgs              at Rs.40 per kg

Labour                            400 hours        at Re.1 per hour

Actual cost for the month:

Material                          4,900 kgs         at Rs.42 per kg

Labour                            39,600 hours   at Rs.1.10 per hour

Actual production :       100 units.

 

  1. A factory is currently working at 50% capacity and produced 10,000 units at a cost of Rs.180 per unit as per details below:

Material                                      Rs.100

Labour                                        Rs.30

Factory overheads                      Rs.30 (Rs.12 fixed)

Administrative overheads          Rs.20 (Rs.10 fixed)

Total                                           Rs.180

The current selling price is Rs.200 per unit. At 80% working,  material cost per unit increases by 5% and selling price per unit falls by 5%.

Estimate profit per unit and in total if it operates at 80% capacity.

 

  1. A Ltd gives you the following data for the year 2006.

Units sold                           2400

Selling Price per unit          Rs.100

Direct material per unit    Rs.40

Direct labour per unit        Rs.20

Variable overheads           100% of labour

Fixed expenses                   Rs.20000

Calculate:

  1. Break even sales in units
  2. Profit of sales are 3000 units
  3. Margin of safety in units

In the year 2007 the company expects the material price to reduce to Rs.35 per unit, but fixed expenses are expected to increase to Rs.30000. How many units should the company sell in 2007, if it expects the same profit it had earned in 2006.

 

  1. A confectioner markets three products, all of which require sugar. His average monthly sales, cost of sales and sugar consumption are as follows:

Product X       Product Y       Product Z        Total

Sales revenue (Rs.)                     10,000             12,000             8,000              30,000

Cost of sales (Rs.)                      6,000               8,000               5,000               19,000

Sugar requirement                      500 kg             800 kg             200 kg             1,500 kgs

Due to government restrictions, his sugar quota has been reduced to 1405 kg. per month. Suggest  a suitable sales mix which would give the company maximum profit under the given circumstances.

 

  1. X Ltd earned a net profit of Rs.2,30,000 for the year 2008 after considering the following:
  2. Tax provided during the year Rs.25,000
  3. ii) 25,000 have been transferred to the general reserve fund

iii)   Depreciation has been provided during the year on machinery and furniture at 20% whose

total cost is Rs.1,30,000.

  1. iv) Old machinery worth Rs.16,000 has been sold for Rs.13,000 during the year.
  2. v) Goodwill appears in the books at Rs.3,60,000 out of that 10% has been written off during the

year.

  1. vi) Gain on sale of building Rs.71,000.

vii) Transfer fees Rs.12,000.

viii) Refund of income tax Rs.8,000.

Calculate fund from operations.

  1. From the following information, calculate:
  2. Operating ratio
  3. Operating profit ratio
  • Interest coverage ratio
  1. Earnings per share.

Sales Rs.6,00,000; Cost of goods sold Rs.4,00,000; Operating expenses Rs.1,20,000; Non-operating income Rs.12,000, Interest on debentures Rs.8,000, Provision for tax RS.20,000 and Non-operating expenses Rs.4,000.

Equity capital 10,000 shares of Rs.10 each.

 

  1. State the merits and limitations of Ratio Analysis.

 

  1. Define Budgetary control. State the steps involved in Budgetary control.

PART C

Answer ANY TWO questions                                                                                 Marks: 2×20=40       

  1. From the following particulars, prepare a Balance Sheet as on 31st December 2008:
  2. Current ratio 5
  3. Acid test ratio 5

iii) Fixed assets to capital employed       0.375

  1. iv) Working capital 90,000
  2. v) Bank overdraft 15,000
  3. vi) Shareholders fund to long term debt 2:1

vii) Reserves to share capital                   1:3

(Capital employed = shareholders’ funds + long term debt).

 

  1. The Balance Sheet of ABC Ltd on 31/12/2004 and 31/12/2005 are as follows:

2004                2005                                        2004                 2005

Equity Capital (Rs.10)   100,000           200,000           Machinery       120,000           260,000

P/L A/c                              30,000            50,000               Furniture       30,000              40,000

12% Debenture                 50,000          150,000           Stock                50,000              40,000

10% ICICI bank loan       50,000                                  Debtors             30,000              60,000

Creditors                                       20,000             25,000          Cash                  10,000                 5,000

Tax provision                   40,000            60,000          Bank                  50,000               80,000

290,000          485,000                                  290,000             485,000

(a) Machinery worth Rs.50,000 were purchased and paid for by the issue of equity shares.

(b) Depreciation provided on machinery Rs.30000 and on furniture Rs.5000.

(c) During the year 2005, Income tax Rs.50,000 and interim dividend Rs.8,000 were paid.

(d) Machine whose Book value is Rs.8,000 is sold for Rs.5,000

Prepare Fund Flow statement.

 

  1. X Ltd., gives you the following budgeted data from which you are required to prepare a cash     budget for the three months ending June 2008.

Month                        Sales(Rs)         Purchases(Rs)  Wages(Rs)       Production Overheads(Rs)

February               1, 60,000         80,000           20,000             10,000

March                   1, 70,000         60,000           25,000             12,000

April                     1, 90,000       1,00,000          30,000             15,000

May                       2,00,000       1,50,000          30,000             14,000

June                       1,60,000          80,000          20,000             10,000

  1. 50% of the sales are for cash. Credit sales are collected as follows: 50% in the month following the sale, 40% in the next month following and 10% are bad debts.
  2. Suppliers allow 1 month credit.
  3. c) Lag in payment of wages 1 month.
  4. d) Production overheads are payable in the same month and include Rs.1,000 p.m. as

depreciation.

e)Fixed deposit of Rs.20,000 along with interest Rs.2000 will mature for payment in the month of

April.

  1. f) Advance income tax Rs.30,000 is payable in the month of March and September.
  2. g) A computer costing Rs.40,000 is to be purchased in June, on a down payment of Rs.10,000 and

four equal monthly instalments of Rs.10,000 each, payable at the end of each month.

  1. h) Sales commission of 5% on sales is payable in the month following the sales.
  2. i) Budgeted cash balance on 1st April 2008 Rs.10,000/-

 

 

 

Go To Main Page

Loyola College B.Com Corporate & Secretaryship April 2009 Introduction To Statistics Question Paper PDF Download

by

      LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

YB 08

B.COM/B.B.A – DEGREE EXAMINATION – CORP.SEC.,/BUS.ADMN.

THIRD SEMESTER – April 2009

ST 3105/ST 3102 – INTRODUCTION TO STATISTICS

 

 

 

Date & Time: 17/04/2009 / 1:00 – 4:00     Dept. No.                                                           Max. : 100 Marks

SECTION  A   

  Answer ALL questions.                                                                              (10 × 2 = 20 Marks)

 

  1. Define statistics and give some application of statistics.
  2. State the various methods of collecting secondary data.
  3. State any two methods of probability sampling.
  4. What are the methods of classification?
  5. State merits and demerits of harmonic mean
  6. Find the value of mean deviation about the mean for the following data:

50, 70, 45, 20, 80, 90, 25, 30, 40, 10.

  1. What are the various measures of dispersion?
  2. You are given that Sk = 0.8, Mean = 40 and Mode = 36 then find Standard deviation.
  3. The first four central moments are 0, 2.5, 0.7 and 18.75. Comment on the skewness and kurtosis of the distribution

10.What are the properties of correlation coefficient?

                                                  SECTION B                                              (5 X 8  =  40 Marks)

 

       Answer any FIVE questions

 

  1. Explain any four methods of graphical representation of data.
  2. The A.M calculated from the following frequency distribution is known to be 67.5 inches.

Find the missing frequency.

Height in inches 60 – 6 2 63 – 65 66 – 68 69 – 71 72 – 74
Frequency 15 54 ? 81 24
  1. The Mean marks of 100 students were found to be 40. Later on it was discovered that a

score of 53 was misread as 83.  Find the correct mean.

  1. Find the quartile deviation and coefficient of quartile deviation for the following data:

 

Marks 0-10  10 –  20 20-30 30-40 40-50 50-60
Frequency 8 20 25 30 12 5
  1. Calculate the mean deviation about the Mean for the following data.

 

Class Interval 0 – 10 10 – 20 20 – 30 30 – 40 40 – 50 50 – 60 60 – 70
Frequency 8 12 10 8 3 2 7
  1. Ten competitors in a beauty contest are ranked by three judges in the following order:
J1 4 2 3 5 7 1 6 8 10 9
J2 4 1 5 3 6 2 9 10 7 8
J3 2 3 4 5 8 1 7 9 6 10

 

Use Spearman’s rank correlation method to determine which pair of judges have the nearest approach.

 

  1. 800 candidates of both sex appeared at an examination. The boys out numbered the girls by 15 % of  the total. The number of candidates who passed exceed  the number failed by 480. Equal number of boys  and girls failed  in the examination. Prepare a 2×2 table, find the coefficient of association and comment.

 

  1. Explain  seasonal indices with an illustration.

                                                      SECTION   C                                   (2 X 20  =  40 Marks)

             Answer any TWO questions

 

  1. (a) From the following data find mean, median and mode. Verify the empirical  relation.

 

C.I 3-4 4-5 5-6 6-7 7-8 8-9 9-10
Frequency 83 27 25 50 75 38 18

 

(b)  Find the mean and variance of the combined sample from the following data:

Sample Mean Variance Size
I

II

III

 115

113

120

 64

36

49

 90

50

60

( 10 + 10 )

  1. Calculate Skewness and kurtosis for the following distribution and interpret them.
Marks 0-10 10-20 20-30 30-40 40-50 50-60
Frequency 5 20 15 45 10 5

 

 

 

 

  1. (a) The following table gives the aptitude test scores and productivity indices of 10 workers

selected at random.

 

Aptitude scores(x) 60 62 65 70 72 48 53 73 65
Productivity index(y) 68 60 62 80 85 40 52 62 60

 

 

 

 

Find the two regression equations and estimate:

(i)  the productivity index of a worker whose test score is 92.

(ii) the test score  of a worker whose productivity index is 75.

 

(b)  Calculate Karl Pearson`s coefficient of correlation from the following data:

Demand (kg) 85 93 95 105 120 130 150 160
Price (Rs.) 15 18 20 24 30 35 40 50

 

 

 

(10 + 10)

  1. (a ) From the following data calculate the four-year moving average and determine the trend

values.       Find the short-term fluctuation.

 

Year 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967
Value 50.0 36.5 43.0 44.5 38.9 38.1 32.6 41.7 41.1 33.8

 

(b)  Fit a straight line trend through the method of least squares for the following data

and estimate the trend  values

 

Year 1982 1983 1984 1985 1986 1987 1988
Sales 110 115 130 140 145 160 180

 

 

(10 + 10)

 

 

 

Go To Main Page

Loyola College B.Com Corporate & Secretaryship April 2009 Industrial Law Question Paper PDF Download

by

       LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 19

SIXTH SEMESTER – April 2009

BC 6603 – INDUSTRIAL LAW

 

 

 

Date & Time: 23/04/2009 / 9:00 – 12:00 Dept. No.                                                    Max. : 100 Marks

 

 

SECTION – A

 

  1. Answer all the questions: 10 x 2 = 20 Marks

 

  1. What are the objectives of the Factories Act, 1948?
  2. Who is an Occupier?
  3. Who is an adolescent as per the Factories Act, 1948?
  4. What is meant by gratuity?
  5. What is meant by Superannuation?
  6. What is disablement as per the workmen’s compensation Act, 1923?
  7. Write short notes on occupational diseases.
  8. What is meant by Arbitration?
  9. State the provisions relating to crèche as per the Factories Act, 1948.
  10. What is meant by benefit period as per the ESI Act, 1948?

 

SECTION – B

 

  1. Answer any FIVE questions only: 5 x 8 = 40 Marks

 

  1. Briefly explain the provisions relating to safety as per the Factories Act, 1948.
  2. Describe the rules regarding annual leave with wages.
  3. State the provisions relating to determination and recovery of gratuity as per the Payment of Gratuity Act, 1972
  4. Define and distinguish between lay-off and retrenchment.
  5. Explain the rules relating to contribution as per the ESI Act, 1948.
  6. Explain the provisions relating to distribution of compensation as per the Workmen’s compensation Act, 1923.
  7. Highlight the rules relating to payment and forfeiture of gratuity as per the Payment of Gratuity Act, 1972
  8. Explain the following:
  • Theory of Notional Extension (b) Total permanent disablement (c) Unfair trade practice (d) Doctrine of assumed risks

 

SECTION – C

 

III. Answer any TWO questions only:                                      2 x 20 = 40 Marks

 

  1. Describe in detail the various benefits available to employees as per the Employees State

Insurance Act, 1948.

  1. Explain the provisions relating to Health and Welfare as per the Factories Act.
  2. Explain the role played by settlement and adjudicatory machinery in the settlement of

industrial disputes.

 

 

 

Go To Main Page

 

 

Loyola College B.Com Corporate & Secretaryship April 2009 Indian Banking Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 12

FIFTH SEMESTER – April 2009

BC 5500 – INDIAN BANKING

 

 

 

Date & Time: 16/04/2009 / 9:00 – 12:00       Dept. No.                                                       Max. : 100 Marks

 

 

SECTION- A

Answer all questions                                                                           (10 x 2 = 20)

 

  1. What is Tele banking?
  2. Write short note on lien.
  3. Define a Cheque.
  4. What is material alternation?
  5. What is Garnishee order?
  6. What is SLR?
  7. State the major differences between Credit Card and debit Card?
  8. Define CRM
  9. What is Credit appraisal?
  10. State the kinds of mortgages?

 

SECTION – B

Answer any Five                                                                                 (5 x 8 = 40)

 

  1. List out the functions of Commercial bank.
  2. What is the relationship between a banker and his customer? Discuss the special

features of this relationship.

  1. What are the essential features of a Cheque?
  2. Explain the various types of endorsement?
  3. What are the advantages of branch banking.
  4. Explain the role of banks in the economic development of a country.
  5. Bring out the various types of deposits?
  6. On what points should a banker satisfy himself before honoring a cheque presented

for payment?

 

SECTION – C

Answer any Two                                                                                 (2 x 20 = 40)

 

  1. What are the general principles which should guide a banker in making loans and

advances to a customer?

  1. Discuss the special types of customers.
  2. What are the various functions of RBI?

 

 

Go To Main page

Loyola College B.Com Corporate & Secretaryship April 2009 Financial Accounting Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 03

SECOND SEMESTER – April 2009

BC 2501/ BC 2500 – FINANCIAL ACCOUNTING

 

 

 

Date & Time: 23/04/2009 / 1:00 – 4:00        Dept. No.                                                             Max. : 100 Marks

 

 

PART – A

Answer ALL questions:                                                                               (10 x 2 = 20)

  1. What are the differences between straight line method and Diminishing balance method of depreciation?
  2. If Mr. A had taken a lease of quarry from Mr. B for five years with a commitment of minimum rent Rs. 40,000 per annum, his out put for three years were Rs.25,000, Rs. 42,000 and 75,000, what would be Journal entries he had to pass in his books for the second year.
  3. The books of Mr. X for the year ending 31 March 2008 show Opening stock Rs. 60,000, Closing stock Rs. 40,000. Purchases Rs.4,00,000; Wages Rs.10,000. Rate of gross profit on sales 20%. Calculate sales for the year.
  4. What are the limitations of Single entry system of accounting?
  5. On what basis you will apportion the following expenses in Departmental accounting? Building rent, electric power, welfare expenses and advertising expenses.
  6. Give journal entries in the books of Head office for the following transactions:
  7. Expenses paid by the Head office for its X branch Rs. 40,000, for Y branch Rs. 60,000 not yet adjusted in the accounts.
  8. Goods sent by branch X to Y branch Rs. 30,000 are yet to be recorded.
  9. X tells you that his capital on 31 March 2007 is Rs. 1,87,000 and his capital on 1 April, 2006 was Rs. 1,92,000. He further informs you that during the year he gave a loan of Rs.35,000 to his brother on private account and withdrew Rs.3000 per month for personal expenses. He also had a flat for his personal use the rent of which at the rate of Rs.1,000 per month and electricity charges at an average of Rs.100 per month were paid from business account. He once sold his 7.5% Government Bond Rs.2,00,000 at 2% premium and brought that money into the business. Besides that there is no other information. You are required to prepare a statement of profit for the year 2006-07.
  10. What is the significance of an Average clause in an insurance policy?
  11. How is an agreement of Hire Purchase different from an instalment sale?
  12. What do you understand by the Terms: Dead Rent and Short workings?

 

PART – B

Answer any FIVE questions:                                                                       (5 x 8 = 40)

  1. A company purchased Machinery for Rs. 60,000 on 1 October 2004. It was decided to depreciate it at 10% per annum on diminishing balance method. On 1 April 2006 it was decided to depreciate at 10% per annum on straight line method and to adjust the difference in depreciation arising from the change of method to Profit and Loss a/c for the year 2006-07. Show Machinery account for three years ending 31 March 2005, 2006 and 2007.
  2. Arul purchased machinery under the hire purchase system from Mr. Balu. The cash price of the machinery was Rs.15,000. The payment for the purchase is to be made as follows: on signing the agreement Rs. 3,000; end of the first year Rs.5,000 and end of the second year Rs. 5,000 and end of third year Rs. 5,000. Calculate the amount of interest included in each instalment.
  3. From the following particulars prepare Branch Account showing the profit or loss of the branch:

Opening stock at the Branch Rs. 30,000

Goods sent to Branch             Rs. 90,000

Sales (Cash)                            Rs. 1,20,000

Expenses: Salaries                   Rs. 10,000

Other expenses                        Rs. 4,000

Closing stock could not be ascertained but it is known that the branch usually sells at cost plus 20%. The branch manager is entitled to a commission of 5% on the profit of the Branch before charging such commission.

  1. The following purchases were made by a firm having three departments. Dept A 1000 units, Dept B 2000 units and Dept C 2400 units at Total cost of Rs.1,00,000.
Department Opening stock (Units) Sales (Units)
Dept A 120 1020 units at Rs. 20 each;
Dept B 80 1920 units at Rs. 22.50;
Dept C 152 2496 units at Rs. 25 each;

The rate of Gross profit is the same in each case. Prepare the Departmental Trading Account.

  1. The following particulars ascertain the amount of credit sales for the year ended 31 March 2008.

On 1.4.2007 Total debtors Rs. 7,00,000 Bill receivables Rs.60,000.

On 31.3.2008 Total debtors Rs.8,80,000 and Bills receivables Rs.1,80,000.

During the year 2007-08 Cash received from customers Rs.14,50,000. Received for Bills receivables Rs.80,000;

Discount allowed to customers Rs.20,000

Sales Returns Rs.60,000 and Bad debts Rs.30,000.

  1. Rohit Industries Ltd had taken out an insurance policy on stock for Rs. 30,000 with an average clause. On 15 October 2002 there was fire as a result of which the whole of the stock with the exception of that valued at Rs. 10,000 was destroyed. From the following information ascertain the claim that can be lodged against the Insurance company:

Stock on 1-4-2002 Rs. 27,000 (at 10% less than cost)

Purchase from 1-4-2002 to 15-10-2002 Rs. 90,000

Wages for the period Rs.20,000

Sales for the period Rs.1,30,000.

The company sells goods at cost plus 30% assuming that the claim as calculated by you is settled by the Insurance company give journal entries in the books of Rohit Industries Ltd.

  1. Explain the following: a) Stock and Debtors system of Branch accounting
  2. b) Self Balancing Ledgers
  3. Give the necessary journal entries in connection with royalties payable / receivable, dead rent, short workings arising, short workings recovered and irrecoverable in the Books of Lesser and Lessee.

 

PART – C

Answer any TWO questions:                                                                       (2 x 20 = 40)

  1. Delhi Head office supplied goods to its branch at Kanpur at invoice price which is cost plus 50%. All cash received by the branch is remitted to Delhi and all branch expenses are paid by the head office. From the following particulars relating to Kanpur branch for the year ending 31 March 2008 prepare Branch stock a/c, Branch debtors a/c, Branch expenses a/c and Branch adjustment a/c in the books of the head office so as to find out the gross profit and net profit made by the Branch.

Rs.

Stock with branch on 1.4.2007                       60,000

Branch debtors                        “                      12,000

Petty cash balance       “                                  100

Goods received from head office                   1,86,000 (at invoice price)

Goods returned to head office                                   13,000

Credit sales less returns                                   86,000

Cash received from debtors                            90,000

Discount allowed to debtors                           2,400

Expenses: cash paid to Head office Rent       2,400

Salaries                                                            24,000

Petty cash                                                        1,000

Cash sales                                                        1,04,000

Stock with branch on 31.3.2008                     54,000 (at invoice price)

Petty cash balance                                           100

  1. Mathew keeping his books under single entry system presents the following facts before you:

1.4.2006          31.3.2007

Rs.                   Rs.

Sundry debtors                                   18,100             19,300

Stock                                                   15,000             14,000

Machinery                                           25,000             –

Furniture                                             4,000               –

Sundry creditors                                 11,000             12,500

Summary of cash transaction for year ending 31 March 2007:

 

Receipts:                                 Rs.       Payments                                             Rs.

Opening balance                     500      Payment to Creditors                          35,000

Cash sales                                6,100   Wages                                                 16,000

Received from Debtors           75,300 Salaries                                                35,000

Miscellaneous receipts            200      Drawings                                             4,000

Loan from David

@ 9% on 1 October 2006       10,000 Expenses                                             11,000

Machinery bought 1 Oct 2006            9,500

Closing balance                                   1,600

Depreciation is provided on furniture and fittings at 10% per annum. No figures are available for total sales. However Moneymaker informs you that he maintains a steady gross profit rate of 25% on sales. Prepare Money maker’s trading profit and loss account for the year ended 31 March 2007 and the Balance sheet as at date.

 

  1. X Transport Ltd. purchased from Manish Motors 3 Tempos costing Rs.1,50,000 each on hire purchase basis on 1 April 2005. 20% of the cost was to be paid down and the balance in 3 equal instalments together with interest at 9% at the end of each year. X Transport Ltd paid the instalment due on 31 March 2006 but could not pay thereafter. Manish Motors agreed to leave one tempo with the purchaser adjusting the value of the other two tempos against the amount due on that date. The tempos recovered were valued on the basis of 30% depreciation annually. X transport Ltd charges depreciation on tempos @ 20% on diminishing balance method. M/s Manish motors incurred Rs.10,000 on repairs of tempos repossessed and resold them at a profit of 5% on total cost.

Write up necessary ledger accounts in the books of both parties giving effect to the above transactions.

 

 

Go To Main page

 

Loyola College B.Com Corporate & Secretaryship April 2009 Cost Accounting Question Paper PDF Download

by

        LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

IR 13

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

FIFTH SEMESTER – April 2009

BC 5501 – COST ACCOUNTING

 

 

 

Date & Time: 17/04/2009 / 9:00 – 12:00            Dept. No.                                                           Max. : 100 Marks

 

 

PART  A

Answer ALL questions                                                                                    (10 x 2 = 20 marks)

  1. ABC stock control.
  2. Distinguish between ‘Fixed’ and ‘Variable’ cost.
  3. Labour Turnover
  4. Rowen plan
  5. Machine Hour Rate
  6. ‘Joint products’ and ‘By products’
  7. Economic batch quantity
  8. From the following calculate Reorder Level and Minimum Level:

Usage 200 to 300 units per day; reorder period 8 to 10 days

  1. Standard time allowed for a job is 20 hours. X completes the job in 15 hours. Rate per hour is Rs.10. Calculate his earnings under Rowan Plan.
  2. Find out the economic ordering quantity (E.O.Q) from the following particulars.

Annual usage : 6,000 units

Cost of material per unit : Rs.20

Cost of placing and receiving one order : Rs.60

Carrying cost 10% per unit per annum

 

                                                                                     PART  B

Answer ANY FIVE questions                                                                                                                             (5 x 8 = 40 marks)

 

  1. Distinguish between:
  2. Bin card and Stores Ledger
  3. Allocation, Apportionment and Absorption of overheads

 

  1. Distinguish between ‘idle time’ and ‘overtime’. Explain their treatment in Cost Accounts.

 

  1. From the following particulars, calculate the earnings of workers, A,B and C, under Taylors differential piece rate system:

Standard time per unit 6 minutes

Normal rate Rs.5 per hour

Differential piece rates:

80% of piece rate below the standard

120% of piece rate at or above the standard

In a day of 8 hours, A produced 70 units, B produced 80 units and C produced 100 units.

 

  1. A purchased and issued materials in the following order:

March 1st – purchased 300 units at Rs.3 per unit

5th  purchased 500 units at Rs.4 per unit

10th issued 500 units

12th purchased 700 units at Rs.4.50 per unit

15th issued 700 units

20th purchased 300 units at Rs.5 per unit

21st issued 200 units

On 31st a stock shortage of 20 units was noticed.

Prepare stores ledger under Weighted Average Method

 

  1. From the following data prepare a reconciliation statement:

Rs.

Profit as per financial accounts                                                                                       2,40,500

Works overhead over-recovered                                                                                       9,500

Administrative overheads under-recovered                                                                20,000

Selling overheads  over-recovered                                                                                                  19,500

Under-valuation of opening stock in cost accounts                                                                   15,000

Overvaluation of closing stock in cost accounts                                                             7,000

Dividend received during the year                                                                                                     5,750

Goodwill  written off during the year                                                                                9,000

Notional interest charged in Cost Accounts                                                                  18,000

 

 

  1. From the following data calculate the cost per km. of running a vehicle:

Value of vehicles                                                                  Rs.25,000

Road licence fee per year                                                 Rs.      750

Supervisor’s salary per annum                                       Rs.   1,800

Insurance charges per year                                             Rs.   1,200

Garage rent per year                                                          Rs.   3,200

Driver’s wages per hour                                                    Rs.   4

Cost of petrol per litre                                                       Rs.   6.50

Km. per litre                                                                                           6

Tyre allocation per km  Re. 2.00

Repairs and maintenance per annum                         Rs.18,000

Estimated life                                                                        1,00,000 kms

Estimated annual kilometers                                          12,000

The vehicle runs for 20 km per hour on an average.

 

  1. Factory uses job costing. The following cost data are available for the year ending 31st December 2008:

Direct material Rs.9,00,000

Direct wages Rs.7,50,000

Factory overhead Rs.4,50,000

Administration overheads Rs.4,20,000

Selling overheads Rs.5,25,000

Sales Rs.36,54,000              Prepare:   a)     A cost sheet and ascertain the profit for the year.

  1. b) In the year 2009 the company received an order for a job which would required direct material

Rs.12,000 and direct labor Rs.7,500. What price should the company charge for this job, if the

factory intends to earn the same rate of profit on sales as earned in 2007/2008, assuming selling

overheads have increased by 15%. The factory recovers, factory overheads as a percentage on

wages and administration and selling overheads as a percentage of works cost.

 

  1. A by-product B is derived in the course of manufacture of product A. From the following data calculate the profit made on Product A:

The total expenses incurred upto the split off point is Rs.19,500. Separate expenses incurred for A and B are Rs.12,500 and Rs.3,100 resp. 100 kgs of A and 50 kgs of B were produced. B was sold at Rs.120 per kg on which the profit earned was 30%.

Selling price of Product A is Rs.400 per kg.

 

PART  C

Answer ANY TWO questions                                                                                                           (2 x 20 = 40 marks)

 

. 19.  A company manufacturing two products A and B gives you the following data:

Product                                                   A                                  B

Production in units                                   6000                             4000

Raw material per unit (Rs.)                           50                                  30

Labour cost per unit (Rs.)                           20                                  10

Labour hours per unit                                    4                                    2

Number of set ups                                      10                                  20

Number of deliveries                                   24                                  14

The Overhead expenses were Rs.128,000 consisting of      Set up costs Rs.90000; Delivery expenses Rs.38000.

Compute the production cost, per unit, of the two products A and B, if overheads are recovered using:

  1. Rate per labor hour         b)Activity based costing

 

  1. From the following prepare a Contract Account and Contractee’s account for the three years 2007, 2008 and 2009:

2007(Rs.)             2008(Rs.)             Rs.2009(Rs.)

Material issued                                                     1,10,000               1,20,000                   80,000

Wages                                                                      2,30,000                   68,000               2,20,000

Machinery issued                                                                    50,000               –                              –

Value of machinery at the end                           45,000                   40,000                   36,000

Materials returned to stores                                 1,000                        500                –

Material at site                                                            3,000                     4,000                     2,000

Work uncertified                                                        2,000                     6,000               –

Work certified                                                       4,00,000               10,00,000             12,00,000

The contract price was for Rs.12,00,000.          Cash received was 80% of the works certified.

 

  1. A company produces a product which passes through three processes A, B and C. 1000 units are introduced at Rs.5 each in process 1. Other details are as follows:

A                     B                     C

Materials consumed (Rs.)                                                                2,000                     3,020                     3,462

Direct wages                                                                          3,000                     4,000                     5,000

Direct  expenses                                                                     500                         226                      –

Normal loss (%age on input)                                              10%                         5%                         10%

Sale value of normal loss per unit (Rs)                             3                              5                              6

Output in units                                                                         940                          870                         810

Production overheads amounted to Rs.6,000, which is to be allocated to each process in the ratio of direct labor.

Prepare Process Accounts, Normal Loss account, Abnormal Gain account and Abnormal Loss account.

 

 

Go To Main page

Loyola College B.Com Corporate & Secretaryship April 2009 Corporate Accounting Question Paper PDF Download

by

    LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 07

FOURTH SEMESTER – April 2009

BC 4500 – CORPORATE ACCOUNTING

 

 

 

Date & Time: 24/04/2009 / 9:00 – 12:00 Dept. No.                                                 Max. : 100 Marks

 

 

SECTION – A

Answer all the questions                                                         (10 x 2 = 20)

 

  1. What is forfeiture of shares?
  2. Define internal reconstruction.
  3. What is Goodwill?
  4. Who is a liquidator?
  5. What is firm underwriting?
  6. Explain cum-interest quotation.
  7. State any two purposes of issuing debentures.
  8. What do you mean by marked applications?
  9. X Ltd was incorporated on 1st May 1998 acquired a business on Jan 1,1988.The

accounts were closed on Sep 30,1998.  Find out time ratio.

10.State the equation to determine the number of fresh issue of shares at the time of

redemption of preference shares.

 

SECTION – B

Answer any five                                                                      (5 x 8 = 40)

 

  1. Discuss the important provisions of Sec 80 of the Companies Act 1956,relating to issue and

redemption of Redeemable Preference shares.

12.What is break-up value of shares? State the factors to be considered in valuing the assets and

liabilities for break-up value.

  1. A company issued shares of Rs.10 each at 10% premium payable Rs.2 on application; Rs.3 on

allotment including premium; Rs.2 on first call and Rs.4 on final call; ‘A’ who has holding 50

shares failed to pay his allotment and first call and his shares were forfeited. ‘B’ who has holding

30 shares did not pay his first call and his shares were also forfeited. Give journal entries for

forfeiture of shares.

  1. A Company issued 40,000 shares of Rs.100 each for public subscription. The issue was

underwritten as follows:

P- 25% ;  Q- 30%;   and R- 25%

The company received a total number of 28,000 applications of which marked applications were

as follows:

P- 8,000 Shares;  Q- 6,000 Shares and R- 8,000 Shares.

Determine the liability of each of the underwriters.

  1. A Company has, as its capital 1,00,000, ‘A’ equity shares of Re.1 each, fully paid, 1,00,000 ‘B’

equity shares of Re.1 each, 75 paise paid up and 1,00,000 ‘C’ equity share of Re.1 each,50 paise

paid up.  The normal average net profit less tax, of the company is estimated to be Rs.36,000 and

the estimated rate of capitalization is 8%.  Calculate the value of each class of share.

  1. Lee Ltd., employs a manager who is entitled to a salary of Rs.10,000 per month and in addition, to

a commission of  2% of the net profit of the company before such salary or commission.  The

profit & Loss Account for the company’s financial year ending 31st March 1998 is as follows:

    Rs.     Rs.
To Staff Salaries & Bonus 8,35,000 By Gross Profit b/d 30,50,000

 

 
To General expenses 3,15,000 By Unpaid dividend      60,000
To Depreciation 2,75,000 By Subsidy from the State Government   1,25,000
To Income tax 4,25,000 By Profit on sale Machinery & Plant (difference between price realized and WDV- Cost Rs. 7,50,000 Realised Rs. 8,00,000) 2,00,000
To Manager’s salary 1,20,000
To Commission to the manager (on account )    25,000
To Ex-gratia payment to an employee     20,000
To Charitable Donations     50,000
To Balance c/d 13,70,000
34,35,000 34,35,000

 

Depreciation includes Rs.75,000 development rebate on new machinery installed during the year.  Calculate the commission payable to the manager.

17.State the conditions to be satisfied for amalgamation in the nature of merger.

18.The following is the balance sheet of unibex Ltd as on 31st Dec 1991.

        Liabilities     Rs.             Assets     Rs.
Paid up capital 7,000 equity shares of Rs.100 each  7,00,000 Goodwill   1,40,000
10% Debentures  4,00,000 Land & Building   4,00,000
Creditors  2,00,000 Plant & Machinery   4,40,000
Bank overdraft  2,50,000 Stock   1,30,000
Bills payable     50,000 Debtors      80,000
Bills receivable   1,70,000
Preliminary expenses      40,000
Profit & Loss a/c   2,00,000
16,00,000 16,00,000

The directors decided to reduce the equity share capital to Rs.2,80,000 and all the fictitious and intangible assets were to be wiped off.  It was decided to write down plant & machinery by Rs.40,000.  Give journal entries to record the effect of the above scheme of reductions of share capital and prepare the balance sheet after the reconstruction has been carried out.

 

SECTION – C

Answer any TWO                                                                   (2 x 20 = 40)

 

  1. The balance sheet of ABC Ltd on 31.12.1990 stood as follows:
       Liabilities     Rs.             Assets      Rs.
Equity Shares of Rs.100 each   5,00,000 Fixed Assets   8,00,000
9% redeemable preference shares of Rs.100 each   3,00,000 Investments   1,00,000
Securities Premium      50,000 Bank Balance   2,00,000
Capital reserves   1,00,000 Other Current assets   5,00,000
P&L A/C   2,00,000
10% Debentures   3,00,000
Creditors   1,50,000
16,00,000 16,00,000

Both the redeemable preference shares and debentures were due for redemption on 1.1.91. The company arranged for the following:

  • It issued 2,000 equity shares of Rs.100 at a premium of 10%
  • It sold the investment for Rs.90,000
  • It arranged a bank overdraft to the extent necessary.

The redemptions were carried out.  Give entries for redemption of preference shares and

debentures and balance sheet after redemption.

  1. Moon and Star Ltd. Is a company with an authorized capital of Rs.5,00,000 divided in to 5,000

equity shares of Rs.100 each on 31.12.2003. of which 2,500 shares were fully called up.  The

following are the balances extracted from the ledger as on 31.12.2003.

Trial balance of Moon & Star Ltd.

Debit Rs. Credit
Opening stock   50,000 Sales   3,25,000
Purchases 2,00,000 Discount received        3,150
Wages   70,000 Profit & Loss A/c        6,220
Discount allowed     4,200 Creditors      35,200
Insurance (up to 31.3.04)     6,720 Reserves      25,000
Salaries    18,500 Loan from managing director     15,700
Rent    6,000 Share capital   2,50,000
General expenses      8,950
Printing     2,400
Advertisements     3,800
Bonus    10,500
Debtors    38,700
Plant 1,80,500
Furniture   17,100
Bank   34,700
Bad debts     3,200
Calls-in-arrears    5,000
6,60,270 6,60270

 

You are required to prepare profit & Loss Account for the year ended 31.12.2003 and a balance sheet as on that date.  The following further information is given:

  • Closing stock was valued at Rs.1,91,500
  • Depreciation on plant at 15% and on furniture at 10% should be provided.
  • A tax provision of Rs.8,000 is considered necessary.
  • The directors declared an interim dividend on 15.8.03 for 6 months ending june 30, 2003 at 6%.

 

  1. Madhur Ltd went in to voluntary liquidation on 31.12.1983. Madhur Ltd’s Balance Sheet as on

31.12.1989 was as follows:

         Liabilities     Rs.          Assets       Rs.
5,000 equity shares of Rs.100 each, Rs.75 per share paid up 3,75,000 Land & Building 1,50,000
5,000 equity shares of Rs.100 each,Rs 50 per share paid up 2,50,000 Plant & Machinery 5,50,000
2,000, 10% preference shares of Rs.100 each 2,00,000 Patents     70,000
5% debentures 3,00,000 Debtors   2,35,000
Interest outstanding on debentures    15,000 Cash at bank      30,000
Creditors 2,60,000 Profit & Loss A/c  2,35,000
Stock  1,30,000
14,00,000 14,00,000

Dividends on preference shared are in arrears for two years.  The arrears of preference dividend payable on liquidation as per the articles of the company.

Creditors include preferential creditors Rs.15,000 and a mortgage loan for Rs.1,20,000 secured by a mortgage on Land & Buildings.

The assets realized as under:

Land &Buildings Rs.2,30,000; Plant & Machinery Rs.4,50,000; patents Rs.45,000; Debtors Rs.2,00,000 and stock Rs.1,15,000.

The expenses of liquidation amounted to Rs 13,500.  The liquidator is entitled to remuneration of 3% on all assets realized (except cash at bank) and 2% on amount distributed to unsecured creditors (except preferential creditors).

All payments were made on 30th june 1984.

Prepare the liquidator’s final statement of account.

 

 

Go To Main page

Loyola College B.Com Corporate & Secretaryship April 2009 Company Accounts Question Paper PDF Download

by

       LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – CORPORATE SECRETARYSHIP

IR 09

FOURTH SEMESTER – April 2009

BC 4502 – COMPANY ACCOUNTS

 

 

 

Date & Time: 24/04/2009 / 9:00 – 12:00  Dept. No.                                                  Max. : 100 Marks

 

 

SECTION-A(10 x 2 = 20 MARKS)

ANSWER ALL QUESTIONS

 

  1. Explain pro-rate allotment of shares.
  2. Explain the meaning of “Redeemable preference shares”.
  3. What is a sinking fund?
  4. What is Managerial Remuneretion?
  5. The Chennai motors Ltd issued 2,00,000 equity shares of Rs.10 each.The whole issue

was underwritten by Ramesh. Applications for 1,60,000 shares were received in all.

Determine the liability of underwriter.

  1. Joseph Ltd was incorporated on 1st may 2008 to purchase the running business of Alfred &co.,

with effect from 1st january 2008.The company obtained a certificate of commencement of

business on 24th Aug 2008.Calculate Time Ratio,if the accounts were finalised on 31st Dec.2008

  1. What is meant by Acquisition of business?
  2. How will you calculate the Cash flow from operating activities under direct method?
  3. What is liquidation of a company?

10 .Calculate the goodwill in the following case:

Goodwill is to be calculated at one year’s purchase of the last 3 years’average profit.The profit of

the first year was Rs.6000,Second year twice the profit of the first year and the third year one and

half times the profit of the second year.

 

SECTION-B(5 x 8 = 40 MARKS)

ANSWER ANY FIVE QUESTIONS

 

  1. K Ltd,purchased the business of Mani Bros for Rs.54,00,000 payable in fully paid shares of

Rs.100 each What entries will be made in the books of K Ltd.if such issue is (a) at par (b) at a

premium of 20% and (c) at a discount of 10%?

 

  1. Suresh Ltd issued 75,000 equity shares of Rs.10 each and 5000 redeemable preference shares of

Rs.100 each all shares being called and paid up on 31-3-2008.Profit & loss account showed

undistributed profits of Rs.3,00,000 and general reserve stood at Rs.2,50,000. On 1-4-2008, the

directors decided to redeem the existing preference shares  at Rs.105 utilising as much profits as

would be required for the purpose. Pass journal entries, in the books of the company.

 

  1. Mahesh Ltd issued 50,000 8%.Debentures of Rs.10 each to the public at par,to be paid Rs.4 on

application and the balance on allotment.

Applications were received for 48,000 debentures.Allotment was made to all applicants and the

amount due was received promptly.

Give journal entries to record the above transactions.

 

  1. From the following particulars of JG Ltd ,Calculate the Managerial remuneration assuming there

are two whole time directors,a part -time director and a manager.

Rs.

Net profit before provisions for income tax               8,70,410

and managerial remuneration but after depreciation

Depreciation provided in the books                           3,10,000

Depreciation allowable under schedule XIV             2,60,000

 

15 .Write a note on “Vendors Suspense Account”

  1. Draft a Balance sheet of a limited company in prescribed form as per

schedule VI of Indian Companies Act with imaginary figures.

  1. Bring out the various methods of valuation of shares.
  2. A Liquidator is entitled to receive remuneration @ 2% of the assets

realised and 3% on the amount distributed among the unsecured creditors.The assets realised

Rs.70,00,000 other details are as follows:

 

Liquidation expenses   Rs.50,000

Preferential creditors    Rs.1,50,000

Secured Creditors        Rs.40,00,000;

Unsecured Creditors     Rs.30,00,000

Prepare Liquidators final statement of Account.

       SECTION-C(2 x 20 = 40 MARKS)

ANSWER ANY TWO

 

  1. A Ltd invited applications for 10,000 shares of Rs.100 each at a discount of 5% payable as

follows:

on application  Rs.25

on allotment     Rs.34

on first & final call Rs.36

Applications were received for 9000 shares and all of these were accepted.All moneys due were

received except the first and final call on 100 shares which were forfeited.Of the forfeited

shares,50 shares were re-issued at the  rate of Rs.90 as fully paid.Show necessary journal entries in

the books  of the company.

 

  1. From the Balance sheets of MM Ltd. Make out the statement of cash flow

BALANCE SHEETS

Liabilities                      2007              2008                Assets                          2007                2008

Rs                  Rs                                                        Rs                    Rs

Equity share capital     3,00,000          4,00,000          Goodwill                     1,15,000             90,000

8% Redeemable          1,50,000          1,00,000          Land & buildings        2,00,000          1,70,000

pref.share capital

General                           40,000             70,000          Plant                               80,000          2,00,000

reserve

P/L a/c                            30,000             48,000          Debtors                       1,60,000          2,00,000

Proposed dividend         42,000             50,000          Stock                              77,000          1,09,000

Creditors                        55,000             83,000          Bills receivable               20,000             30,000

Bills payable                   20,000             16,000          Cash in hand                 15,000             10,000

Provision for                  40,000             50,000          Cash at bank                  10,000              8,000

taxation

———-          ————                                                ———          ———– –

Total                           6,77,000          8,17,000                                              6,77,000          8,17,000

———-            ———-                                                ———-            ———-

Additional information:

(a) Depriciation of Rs.10,000 and Rs.20,000 have been charged on plant a/c and Land & buildings a/c

respectively in 2008.

(b) An interim dividend of Rs.20,000 has been paid in 2008.

(c) Income -tax Rs.35,000 was paid during the year 2008.

 

  1. A company’s position on 31st march 2008 was follows:

Rs.

20,000 Equity shares of Rs.100 each           20,00,000

1,000; 12% debentures of Rs.100 each       10,00,000

Interest on above                                           1,20,000

Creditors for goods                                        5,00,000

 

The assets on that date were:

Fixed assets                                                  20,00,000

Current assets                                                 6,50,000

 

The following  scheme of reconstruction was implemented:

 

(a) The fixed assets were valued at Rs.9,60,000 and the current assets at Rs.4,80,000

(b) The shares were sub-divided into shares of Rs.5 each and 90% of the shares were surrendered.

(c) The total claims of the debenture holders were reduced to Rs.4,90,000 and in consideration of

this,they were alloted shares, out of the surrendered shares ,amounting to Rs.2,50,000.

(d)  The creditors agreed to reduce their claims to Rs.3,00,000, 1/3 of which was to be satisfied by the

issue of equity shares out of those surrendered.

(e)  The shares surrendered, but not re-issued, were cancelled.

 

Draft Journal entries and give the Balance sheet of the company after reconstuction.

 

 

Go To Main page

Loyola College B.Com April 2009 Retail Marketing Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

KP 31

B.Com. DEGREE EXAMINATION – COMMERCE

SIXTH SEMESTER – April 2009

CO 6603 – RETAIL MARKETING

 

 

 

Date & Time: 25/04/2009 / 9:00 – 12:00       Dept. No.                                                       Max. : 100 Marks

 

 

SECTION – A

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

 

  1. What is ‘retail business’?
  2. Give the meaning of merchandise management.
  3. Mention any two benefits of online retailing.
  4. Who form the ‘reference group’?
  5. What is an ‘impulse purchase’?
  6. State any four popular retail business outlets in Chennai.
  7. What is a ‘Merchandise Kiosk’?
  8. State the meaning of a ‘service gap’.
  9. Who is a mystery shopper?
  10. Distinguish between brand loyalty and story loyalty.

 

 

SECTION – B

Answer any FIVE questions.                                                                                                    (5×8=40)

 

  1. Explain the various types of retailers.
  2. What are the factors essential for building store loyalty among customers?
  3. Discuss the different stages in buying decision process.
  4. Discuss the uses of technology in the growth of retailing.
  5. Enumerate the factors that influence retailer’s choice of location.
  6. How can visual merchandising be used to influence customer behaviour?
  7. Explain the factors that affect retail pricing.
  8. Write a note on GAPS model.

 

SECTION – C

Answer any TWO questions.                                                                                    (2×20=40)

 

  1. What are the challenges faced by retailers in India? Suggest measures to overcome them.
  2. How do customers assess the quality of service in a retail organization? Highlight the characteristics of retail organizations offering good service quality.
  3. Explain in detail the pricing strategies available for a retailer.

 

Go To Main page

Loyola College B.Com April 2009 Marketing Management Question Paper PDF Download

by

   LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

 KP 27

FIFTH SEMESTER – April 2009

CO 5503 – MARKETING MANAGEMENT

 

 

 

Date & Time: 04/05/2009 / 1:00 – 4:00       Dept. No.                                                       Max. : 100 Marks

 

 

 

SECTION – A                                               (10 x 2 = 20)

 

ANSWER ALL THE QUESTIONS

 

  1. What is remarketing ?
  2. Write a note on : a) Perfect Market  b) Imperfect Market
  3. List any three buying roles of a consumer.
  4. Mention any two popular sources of new product ideas.
  5. What is Penetration Pricing ?
  6. What are the elements of Integrative approach in marketing ?
  7. What do you mean by specialty goods ?
  8. What is meant by Accessories ?
  9. What is a Bullian Market ?
  10. What is meant by dual pricing ?

 

SECTION – B                                               (5 x 8 = 40)

 

ANSWER ANY FIVE QUESTIONS

 

  1. What is Marketing ?  Give the importance of Marketing ?
  2. Explain the steps involved in Segmentation Process.
  3. Examine the various reasons that could be attributed for the failure of a product.
  4. Explain the objectives of pricing.
  5. What are the various internal factors that could affect pricing decisions ?
  6. Explain the steps involved in planning for a new product.
  7. What are the factors that could influence consumer behaviour ?
  8. What types of environmental information are required by marketing managers ?

 

SECTION – C                                               (2 x 20 = 40)

 

ANSWER ANY TWO QUESTIONS

 

  1. Enumerate the various functions of marketing in detail
  2. Explain the various stages of product Life Cycle with a diagram.
  3. What specific marketing strategies could you think of the facing competition from other players in the market ?

 

Go To Main page

Loyola College B.Com April 2009 Management Accounts Question Paper PDF Download

by

             LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

KP 33

SIXTH SEMESTER – April 2009

CO 6605 – MANAGEMENT ACCOUNTS

 

 

 

Date & Time: 21/04/2009 / 9:00 – 12:00  Dept. No.                                                  Max. : 100 Marks

 

 

SECTION-A(2×10=20)

  1. Answer all the questions:

1.What is fund from operation?

2.Explain stock turnover ratio

3.What is margin of safety

4.Distinguish fixed budget from flexible budget

5.Explain return on capital employed

6.Find out the quantity of raw material to be purchased from the  following details:

Opening stock of raw material 10,000 kgs.

Material expected to be consumed  20,000 kgs

Closing stock of raw material required 5,000 kgs

7.If inventory turnover ratio is 5 times, G.P ratio 20% and sales Rs. 10,00,000 find out the average stock

8.A plant purchased for Rs. 55.000 ( accumulated depreciation Rs. 23.000) was sold for Rs.44.000. The gain

on sale of plant was credited to P/L account, thus increasing the net profit to Rs. 1.62,000. Calculate fund

from operation.

9.Sales Rs.1,00,000. Profit Rs.10,000. Variable cost 70%.

Find out

  1. P/V Ratio
  2. Fixed Cost

10.The budgeted and actual sales of a concern are:

Budgeted sales 10.000 units at Rs.4 per unit

Actual sales       5,000 units at Rs.3.50 per unit

8,000 units at Rs.4.00 per unit

Calculate a). sales price variance          b) sales volume variance

 

SECTION –B (5×8=40)

  1. Answer any FIVE questions only:

11.Distinguish Management Accounting from Financial Accounting

12.Explain the importance of Marginal costing in managerial decision making

13.What are the different classifications of budget?

14.Statement of financial position of Mr. Arun is given below:

Liabilities              2007                2008                            Assets                          2007                2008

Rs                    Rs                                                                    Rs                    Rs.

Accounts Payable    29,000     25,000                              Cash                            40,000             30,000

Capital                   7,39,000  6,15,000                              Debtor                         20,000             17,000

Stock                           8,000              13,000

Building                  1,00,000              80,000

Other fixed asset     6,00,000           5,00,000

7.68,000   6,40,000                                                             7,68,000           6,40,000

  • there were no drawing
  • there were no purchases or sale of building or other fixed assets.

Prepare a fund Flow Statement

 

15.A company shows the following results for two periods:

Year                Units               Total cost                    Sales

2003                10,000             Rs.80,000                    Rs.1,00,000

2004                12,000             Rs.90,000                    Rs.1,20,000

Find out the following:

  • P/V Ratio
  • BEP both in units and amount
  • Fixed Cost
  • Margin of safety in the year 2004

 

 

 

  1. Debtor velocity 3 months

Creditor Velocity                    2 months

Stock velocity                         8 times

Bills payable                            Rs.4,000

Bills receivable                        Rs.10,000

Total sales                               Rs.2,40,000

The closing stock is Rs.2,000 more than the opening stock. .Gross profit on the above sales is Rs.40,000. There are no cash sales and cash purchases and the accounting year consists of 360 days. Find out

(a) Sundry debtor                          (b) Sundry creditors                (c) Closing stock

 

17.The standard mix for 100 units of product ‘X’ is

Material A                   6 Kg at Rs.15        90

Material B                   4 Kg at Rs.10        40

——-               ——-

10 Kg              Rs 130

——–              ———

During January, the actual consumption was as follows

Material A                63 kg at Rs.14                882

Material B                 39 kg at Rs.11               429

——-                           ———-

102 kg                       Rs.1,311

——–                         ———–

Actual output was 960 units. Calculate material variances

 

18.The monthly budgets for manufacturing overhead of a concern for two levels of activities were as follows:

Capacity                                        60%                 100%

Budgeted production (units)        600                  1,000

——————————–

Rs.                   Rs.

Wages                                           1,200               2,000

Consumable stores                           900               1,500

Maintenance                                  1,100               1,500

Power and fuel                              1,600               2,000

Depreciation                                  4,000               4,000

Insurance                                       1,000               1,000

————- ———

9,800             12,000

————-          ————

You are required :

  • indicate which of the items are Fixed, Variable and Semi-Variable
  • prepare a budget for 80% capacity

SECTION-C (2X20=40)

Answer any TWO  questions

 

19.From the following Balance Sheets prepare a Fund Flow Statement

Balance Sheets of A Ltd

—————————————————————————————————————————

Liabilities                    2006                2007                Assets              2006                2007

Rs                  Rs                                            Rs                    Rs

——————————————————————————————————————————

Share Capital                     6,00,000          7,00,000          Fixed Asset     8,00,000          9,50,000

General Reserve                2,00,000          2,50,000          Investments     1,80,000          1,80,000

Profit on sale of                                                                Stock               2,00,000          2,70,000

Investment                                         –                     10,000          Debtor             2,25,000          2,45,000

P/L A/c                              1,00,000          2,00,000          B/R                     40,000             65,000

7%Debenture                    3,00,000          2,00,000          Prepaid Expense 10,000            12,000

Creditors                           1,60,000          2,50,000          Discount on         15,000            10,000

B/P                                       10,000             12,000          debenture

Proposed dividend                           30,000             35,000

Provision for tax                  70,000             75,000

——————————————————————————————————————————                                                           14,70,000        17,32,000                                14,70,000        17,32,000

—————————————————————————————————————————-

 

Other information:

  • During 2007 , Fixed asset ( Book value Rs.10,000 and depreciation written off Rs.30,000) were sold for Rs.8,000
  • During 2007 investment costing Rs.80,000 were sold and new investment were bought for Rs.80,000
  • Debenture were redeemed at a premium of 10%
  • During 2007 income tax paid was Rs.55,000
  • Provision for depreciation 31-12-2006 Rs.2,00,000 and on 31-12-2007 Rs.2,50,000

 

  1. S. Ltd wishes to prepare a cash budget from January. Prepare a cash budget for the first 6 months from

the following estimated revenue   and expenditure.

 

Month                   Total sales       Materials         Wages             Production      Selling

Overheads       overheads

Rs                    Rs                    Rs                    Rs                    Rs

Jan.                        40,000             40,000             8,000               6,400               1,600

February                44,000             28,000             8,800               6,600               1,800

March                    56,000             28,000             9,200               6,800               1,800

April                      72,000             44,000             9,200               7,000               2,000

May                       60,000             40,000             8,000               6,400               1,800

June                       80,000             50,000           10,000               7,200               2,400

 

Cash balance on 1 st Jan was Rs   20,000.

A new machine is to be installed at Rs  20,000 to be paid by two equal installments in March and April. Sales  commission at 5% on total sales to be paid within month following actual sales.

Rs  20,000 being the amount of share 2  nd call may be received in March.

Share premium amounting to Rs   4,000 is also obtainable with the 2 nd call.

 

Period of credit allowed by suppliers                   -2 months

Period of credit allowed to customers                  -1 month

Delay in payment of overheads                            -1 month

Delay in payment of wages                                  -1/2 month

Assume cash sales as 50% total sales

 

21.From the following figures and ratios, Draw up the Balance sheet and Trading account and Profit and Loss

Account

 

Share Capital               Rs 1,80,000

Working Capital          Rs    63,000

Bank overdraft            Rs    10,000

 

There is no fictitious asset. In current assets there is no assets other than stock, debtor and cash. Closing stock is 20% higher than the opening stock.

Current ratio                – 2.5

Proprietary ratio          – 0.7

Stock velocity             – 4 times

Net profit                    – 10%(to average capital employed)

Quick ratio                  – 1.5

Gross profit ratio         – 20% to sales

Debtor velocity           – 36.5 days

 

Go To Main page

Loyola College B.Com April 2009 Labour Laws Question Paper PDF Download

by

     LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

IR 06

FOURTH SEMESTER – April 2009

BC 4200 – LABOUR LAWS

 

 

 

Date & Time: 27/04/2009 / 9:00 – 12:00  Dept. No.                                                  Max. : 100 Marks

 

 

SECTION – A

  1. Answer all the questions: – 10 x 2 = 20 Marks

 

  1. What are the duties of the Certifying surgeons?
  2. Define the term Occupier as per the Factories Act, 1948.
  3. A worker suffering from heart disease worked for 4 hours in the factory premises.  While he was coming out of the factory he profusely sweated and died of heart failure which had resulted on account of severe stress and strain inside the factory premises.  Is the employer liable to pay compensation?
  4. What is meant by Doctrine of Assumed risks?
  5. What are the objectives of Industrial Disputes Act, 1947?
  6. What is an Industrial Dispute?
  7. Define the term Seasonal Factory as per ESI Act, 1948.
  8. Who is an exempted employee under the ESI Act, 1948?
  9. What are the establishments exempted from the operation of Employees Provident Fund Act, 1952?
  10. State the procedure for the submission of draft standing orders.

 

SECTION – B

  1. Answer any FIVE questions only: – 5 x 8 = 40 Marks

 

  1. How is the amount of compensation calculated for different types of disablement under the Workman’s Compensation Act, 1923?
  2. State the rules relating to distribution of compensation under the Workman’s Compensation Act, 1923.
  3. Highlight the provisions relating to various schemes under the EPF Act.
  4. Briefly explain the rules relating to Lay-off and Retrenchment.
  5. List the matters to be specified in the Standing Orders.
  6. Explain the constituents of the ESI Corporation.
  7. Briefly explain the provisions relating to Annual Leave with Wages.
  8. Bring out the powers of the ESI Corporation.

 

SECTION – C

III. Answer any TWO questions only: –                                          2 x 20 = 40 Marks

 

  1. Explain the important provisions relating to Safety as per the Factories Act, 1948.
  2. Explain clearly the reconciliation machinery for the settlement of industrial disputes under the Industrial Disputes Act, 1947.
  3. Discuss the provisions relating to “arising out of and in the course of employment” and “Theory of Notional Extension” as per the Workman’s Compensation Act, 1923.

 

Go To Main page

Loyola College B.Com April 2009 Indian Banking Question Paper PDF Download

by

LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.Com. DEGREE EXAMINATION – COMMERCE

KP 24

FIFTH SEMESTER – April 2009

CO 5500 – INDIAN BANKING

 

 

 

Date & Time: 16/04/2009 / 9:00 – 12:00       Dept. No.                                                       Max. : 100 Marks

 

 

SECTION – A                                                      (10 x 2=20 Marks)

 

Answer all questions

 

  1. Define Banking.
  2. What is the significance of Account Payee Crossing?
  3. What is right of setoff?
  4. State the meaning of village adoption scheme.
  5. Define a Scheduled Bank.
  6. What is Venture Capital?
  7. What is meant by selective credit control?
  8. Who adopts monetary policy?
  9. What is Merchant Banking?
  10. Why Banker’s lien is called implied pledge?

 

SECTION – B                                                    (5 x 8 = 40 Marks)

 

Answer any five questions

 

  1. State the different types of relationship between Banker and Customer.
  2. Under what conditions can a banker exercise General Lien?
  3. What are the major principles of lending?
  4. What is e-banking? How is it adopted in banking operations?
  5. Distinguish between qualitative and quantitative credit control.
  6. What are the limitations of credit creation?
  7. State the secondary functions performed by commercial bank.
  8.   Mention the different types of endorsements with examples.

 

SECTION – C                                             (2 x 20 = 40 Marks)

 

Answer any two questions

 

  1. What are the rights and duties of a Commercial Bank?
  2. Define crossing of cheques and bring out the various types of crossing. What are the

liabilities of a banker on a crossed cheque.

  • “Bankers are not merely purveyors of money but in an important sense they are manufactures of money “- Explain the statement with due illustration and limitations.

Go To Main Page

© Copyright Entrance India - Engineering and Medical Entrance Exams in India | Website Maintained by Firewall Firm - IT Monteur