St. Joseph’s College of Commerce

St. Joseph’s College of Commerce M.I.B. 2013 II Sem International Financial Institutions And Markets Question Paper PDF Download

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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

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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.

St. Joseph’s College of Commerce M.I.B. 2013 III sem International Financial Management Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – APRIL 2014
M.I.B. – III SEMESTER
INTERNATION FINANCIAL MANAGEMENT
Duration : 3 HOURS Max. Marks: 100
SECTION – A
I) Answer SEVEN questions from the following : (7x 5 = 35)
1. What is balance of payments?
2. What is cross border finance?
3. What are the techniques to appraise projects?
4. What are the various risks prevailing in international transactions?
5. Write a note on Capital budgeting?
6. Why does disequilibrium in BOP exist?
7. How is international financial management different from domestic financial
management?
8. What are the factors effecting exchange rates?
9. What is the difference between risk and exposure with respect to foreign
exchange management?
10. What is translation exposure?
SECTION – B
II) Answer any THREE questions from the following (3×15 = 45)
11. Why do companies enter global markets?
12. Critically analyse the statement” NPV is a simple method of assessing projects”
13. Explain the factors that discourage FDI in India?
14. What are forward rate agreements?
15. What are the risks faced by multinational companies?
2
SECTION – C
III) Compulsory question. (20 marks)
16.
Big Oil is wondering whether to drill for oil in Westchester Country. The
prospectus is as follows:
Depth
of
Total Cost
Millions of Cumulative
PV of Oil (If found)
Millions of
Well
Feet Dollars
Probability
of Dollars
Finding Oil
2000 4 0.5 10
4000 5 0.6 9
6000 6 0.7 8
Draw a decision tree showing the successive drilling decisions to be made by Big
Oil. How deep should it be prepared to drill?

St. Joseph’s College of Commerce M.I.B. 2013 III sem Global Resources & Legal Environment Question Paper PDF Download

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Page 1 of 2
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
M.I.B. – III SEMESTER
GLOBAL RESOURCES &LEGAL ENVIRONMENT
Duration: 3 hours Max. Marks: 100
INSTRUCTIONS:
Please read the questions carefully. Please write legibly. Do not copy the question. It is
sufficient if you will mention the section number and question number before writing your
answers. Please answer only the required number of questions in each section. Answering
more questions than what is required will entail negative marking.Provide examples where
necessary. For Section ‘C’ and ‘D’ please provide an answer based on your conceptual
understanding of the topic.
SECTION – A
I) Answer any TEN questions. (10×1=10)
Please expand the abbreviations:
1. HSN
2. UCPDC
3. UNCITRAL
4. MIGA
5. OECD
6. TRIMS
7. CFR
8. URC
9. EXW
10. TRIPS
11. WCO
12. ICC
SECTION – B
II) Answer any FIVE questions. Answer not to be more than 6 lines. (5×2=10)
Please provide a brief definition of the following words:
13. Goods
14. Letter of Credit
15. Negotiable Documents
16. A Condition in a Contract
17. Liquidated Damages
18. Negotiable Instruments
SECTION – C
III) Answer any FIVE questions. Answer should not be more than one page. (5×6=30)
Please write an essay on the following topics:
19. Carbon Credits
Page 2 of 2
20. Harmonized System of Nomenclature given by the WCO
21. Importance of Privatization for Economic Development
22. Economic Integration in International Trade
23. International Chamber of Commerce
24. Difference between GATT and WTO
SECTION – D
IV) Answer any FIVE questions. Answer not to be more than 2 pages. (5×10=50)
25. State any 5 risks in an International contract. Explain what are the means available to
mitigate these risks?
26. State the different types of renewable and non-renewable Energy Resources. Taking
the example of any one resource, explain the issues faced and action plans needed for
sustainable development with respect to that energy resource?
27. State the different types and categories of law. Why are laws different in different
countries?
28. What are the different types of Letters of Credit? Provide a brief explanation for each
type of letter of credit?
29. What are the important objectives of the WTO? What are the current merits and
demerits of the WTO?
30. Explain the terms ‘Anti-Dumping Duty’ ‘Safe Guard Duty’ and ‘Countervailing
Duty’?

St. Joseph’s College of Commerce M.I.B. 2013 III sem German Language Question Paper PDF Download

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St.Joseph’s College of Commerce (Autonomous)
MIB-II 3rd Sem. End Semester Exam- Sep. 2013
German Language
Time: 2 hrs. Total Marks: 100
(A) Mündliche Prüfung:
I. Das Diktat: 9
II. Termine bei der Ärztin machen. Hören Sie und tragen Sie die Termine von
Herrn Martens, Herrn Wagner und Frau Seidel in den Kalender ein.
Heute ist Montag. 6
(B) Schriftliche Prüfung:
III. Ergänzen Sie die Dialoge: haben und sein im Präsens und Präteritum.
Achten Sie auf die Verbform! 13
(1)• Gestern ………….ich keinen guten Tag. Ich ……….in der Stadt und ……….
um fünf einen Termin mit Michael.
•• Wer …………das?
• Michael ………. mein Freund und er ………immer pünktlich.
Aber gestern ……..er nicht zu Hause
••Wo ………er denn?
• Er ……………eine neue Freundin und ……………bei ihr!
(2) • ……… ihr letzten Donnerstag nicht im Ausländeramt?
•• Nein, wir ………………nicht im Ausländeramt.
• ……………..ihr keine Zeit?
•• Das ………… nicht das Problem. Wir …………. einen Termin um zwei Uhr,
aber unser Auto …………… kaputt. Es ……. schon alt.
(3) • Hallo, mein Name ……. Bergmann. Ich ……… heute einen Termin bei Ihnen.
••Ach, Herr Bergmann, Ihr Termin ………… gestern. Wo ………. Sie ?
• Wirklich gestern? Ich …………. zu Hause. Tut mir Leid. ……….Sie einen
neuen Termin?
••Ich ………. nur noch einen Termin am Mittwoch um 14 Uhr.
2
……… das okay?
• Ja, das ……….. gut. Vielen Dank!
IV. Ergänzen und konjugieren Sie: „fahren“ 3
1. Ich ……………nächsten Mittwoch nach Frankreich
2. Wie oft ………….. ihr zu euren Eltern? Jedes Wochenende.
3. Paul …………..mit dem Bus zur Universität.
4. Herr und Frau Meier …………………..oft mit dem Fahrrad.
5. Wann ………….du nach Hause?
Nächsten Montag.
6. Wohin …………… Sie nächstes Jahr? Nach Italien.
V. Kommunikation. Was sagen Sie in diesen Situationen? 3.5
Kreuzen Sie die richtige Antwort an.
1. Sie machen einen. Termin beim Frisör. Was sagen Sie am Telefon?
a. 􀂆 Haben Sie einen Terminkalender?
b. 􀂆 Ich warte auf meinen Termin.
c. 􀂆 Haben Sie am Samstagvormittag einen Termin frei?
2. Sie waren bei Doktor Glas und kommen zwei Stunden zu spät zum Unterricht.
a. 􀂆 Wie geht’s?
b. 􀂆 Tut mir leid, aber ich hatte keinen Stadtplan.
c. 􀂆 Entschuldigung, ich war beim Arzt.
3. Gül möchte am Montagabend mit Ihnen ins Kino gehen. Sie haben keine Zeit.
a. 􀂆 Tut mir Leid. Am Montagabend mache ich Sport.
b. 􀂆 Den Film kenne ich schon.
c. 􀂆 Kommst du am Montag mit ins Kino?
4.Heute ist Montag. Freitag haben Sie einen Termin beim Arzt. Sie rufen in der
Praxis an und sagen ab.
a. 􀂆 Ich kann am Freitag nicht kommen. Ich schreibe einen Test.
b. 􀂆 Ich bin im Stau.
c. 􀂆 Tut mir leid, das passt mir nicht.
5. Am Samstag lernen Sie immer von 15 Uhr bis 17 Uhr mit Peter Deutsch.
An diesem Samstagnachmittag haben Sie keine Zeit. Sie schlagen einen
anderen Termin vor.
a. 􀂆 Ich habe Samstag keine Zeit.
b. 􀂆 Geht es Samstagmorgen?
c. 􀂆 Tut mir leid, aber ich habe den Termin vergessen!
6. Sie sind in Leipzig und haben um 14 Uhr einen wichtigen Termin bei
Frau Strunz in Dresdenjetzt ist es 13 Uhr und der Zug ist noch nicht da.
Er kommt erst in 20 Minuten. Sie rufen Frau Strunz an. Was sagen Sie?
a. 􀂆 Tut mir leid, mein Zug hat Verspätung. Haben Sie so gegen 15 Uhr Zeit?
b. 􀂆 Ich bin noch in Leipzig. Ich habe keine Zeit.
c. 􀂆 Entschuldigung! Wann haben Sie Zeit?
7.Sie haben eine Verabredung im Café. Sie finden das Café zuerst nicht und
kommen eine Viertelstunde zu spät. Was sagen Sie?
a. 􀂆 Entschuldigung, ich hatte keine Uhr.
b. 􀂆 Tut mir leid, ich hatte keinen Stadtplan.
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c. 􀂆 Bin ich zu spät?
VI. Übersetzen Sie: 6
1. Excuse me, where ist he Marketing Department?
Oh, that is in the ground floor.
2. In which floor are the toilets?
They are in the second floor on the right.
3. Excuse me, where do I find the Canteen?
In front of the house.
VII. Wortfelder In der Stadt. Ergänzen Sie. 4
a) Wortfeld Verkehr
1. Herr Effenberg war auf der Autobahn im ………….. Er kommt zu spät.
2. In Frankfurt gibt es einen internationalen ……….
3. Hast du einen ……… von Berlin? Wo ist der Bahnhof Zoo?
b) Wortfeld Häuser
4. Eine Uni-Klinik ist ein ……………
5. Musikfans gehen in die ……………..
6. Wir fahren für zwei Tage nach München. Wir schlafen im …………..
7. Ich fahre mit dem Zug zur Arbeit. Jeden Morgen gehe ich zum ……….. .
8. Am Donnerstag gibt es den neuen Walt-Disney-Film im …………
VIII. Was ist wann? Schreiben Sie die Ordnungszahlen in Wörtern. 7
a)
1. Meine Deutschprüfung findet am…………………………… statt.
2. Die Semesterprüfung fängt am ……………. an und endet am ………………..
3. Die Semesterferien beginnen am ………………..
4. Ich bin mit meiner Familie auf Urlaub von…………..bis zum…………
5. Die Wiedereröffnung nach den Ferien ist am………………..
6. Mein Geburtstag ist am ………………
7. Ich bin am…………………….. geboren.
b] Nennen Sie drei Feiertage in Indien. Wann sind diese Feiertage in 2013? 3
1.
2.
3.
X. Einladen: Ergänzen Sie die Verbformen. 3
1. ………du Pedro zu Weihnachten ……… ?
4
2. Ich ………. Peter zum Essen ………….
3. Meine Chefin ……….uns morgen zum Kaffee ………
4. …………ihr Peter auch zu der Party …………..?
5. Wir ………… unsere Freunde am Sonntag zum Mittagessen ………
6. Meine Mitbewohner …………….ihre Freunde zum Frühstück ………
XI. Jelena’s Terminkalender: Lesen Sie den Terminkalender.
Ergänzen Sie den Text mit den passenden Verben: 3.5
sein – fahren – treffen – machen – kochen – schreiben – nehmen
einkaufen – gehen – kommen – haben – spielen – lernen
1. Das …………… Jelenas Terminkalender.
2. Am Montag ………….sie wie immer von neun bis eins Deutsch.
3. In der Pause um zehn ………….. sie schnell Passfotos für ihr neues
4. Studentenvisum.
5. Sie …………… am Dienstag um vier einen Termin beim Ausländeramt.
6. Am Mittwoch ………….. sie nach dem Unterricht um halb zwei zum Frisör.
7. Von halb sechs bis halb sieben ………… sie Tennis.
8. Am Donnerstag …………… sie Ulrike um sechs.
9. Am Freitag um zehn ……………. sie einen Test.
10. Um fünf nach zwei ………… sie den Zug nach Dresden und ……………. am Abend
11. um fünf nach halb acht wieder nach Hause.
12. Am Samstag …………sie um zehn auf dem Markt ……….
13. Am Sonntag um zwölf ……Pedro. Sie ……….zusammen Mittagessen.
XII. Wie sagt man das auf Deutsch?
Wie heißen die Wörter auf Deutsch im Singular und Plural mit Artikel? 5
Engl. Singular Plural
1. Train
2. Bus
3. Taxi
4. Traffic Signal
5. Bicycle
6. Bus Stop
7. Pedestrian
8. Car
9. Street Lamp
10. Metro Train
XIII. Finden Sie acht Wörter. Schreiben Sie die Wörter mit Artikel. 4
Untergeschosskantinelesezimmervideoräumebibliothekparkplätzekursleitertoliletten
1. 6.
2. 7.
3. 8.
4. 9.
5. 10.
XIV. Hier sind die Antworten. Stellen Sie die Fragen. 5
1. Der Chef ist in der ersten Etage links, Zimmer 10.
5
2. Die Toiletten? Gleich hier rechts, neben dem Sekretariat.
3. Die Marketingabteilung ist in der zweiten Etage rechts.
4. Die Kantine ist hinter dem Haus.
5. Die Personalabteilung finden Sie im Erdgeschoss, Zimmer 9.
XV. Anja macht eine Party. Was ist wo? Beschreiben Sie ihr Zimmer vor und 10
nach der Party mit den Präpositionen in, neben, unter, auf, vor, hinter,
an, zwischen. (nehmen Sie fünf Gegenstände als Beispiele!)
(a) vor der Party (b) nach der Party.
1.
2.
3.
4.
5.
XVIII. Ergänzen Sie mit dem Dativ und dem Akkusativ: 5
1. Herr Müller erklärt ________ Kind ________ Fahrplan.
2. Frau Braun gibt ________ Gast ________ Hand.
3. Wir kaufen ________ Kind ________ Buch.
4. Er bietet ________ Freund ________ Zigarette an.
5. Der Verkäufer bringt ________ Frau ________ Kleid.
XIX. Übersetzen Sie ins Deutsche. 10
(A)
1. When does our German lesson start? It starts exactly at 10 am.
2. At what time does her music lesson begin? At 3 o’clock sharp.
3. Excuse me, what is the time? It is 6:25 in the evening.
4. How often do you cook? I cook three times a day.
5. What is the time in Japan? It is 4:15 pm.
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(B)
1. He narrates the story to his daughter.
2. The man opens the door for the lady.
3. Sheela fetches the newspaper for her grandmother.
4. The teacher dictates a lesson to the students.
5. My mother explains a sentence to my brother.

St. Joseph’s College of Commerce M.I.B. 2013 III sem French Question Paper PDF Download

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ST.JOSEPH’S COMMERCE COLLEGE (AUTONOMOUS).
END SEMESTER EXAMINATION OCTOBER – 2013
MIB III SEMESTER
FRENCH
TIME: 3:00hrs Max Marks: 100
Dictionary not allowed.
I. Choisissez et écrivez la bonne réponse : (5)
Rarement/jamais/toujours/souvent/généralement.
1. Je ne mange _______________ d’épinards, je déteste ça !
2. Il va ________________ au cinéma : peut‐être une ou deux fois par un.
3. Je fais __________________ mes devoirs après le déjeuner.
4. Il m’offre _________________ des fleurs pour mon anniversaire.
5. Je me lève _____________________ à 7 h 30.
II. Associez les éléments de deux colonnes : (10)
Les fêtes Réponses Les dates.
La fête des Mères _________________ a. Le 1erMai
La Fête du Travail _________________ b. En février ou en Mars
La Fête Nationale _________________ c. Le 8 Mars.
Mardi gras _________________ d. Le dernier dimanche du mai
Jour International des femmes _________________ e. Le 14 juillet.
III. Conjuguez les verbes selon les consignes entre parenthèses (15)
1. L’année prochaine, je ________________ (étudier‐ futur proche) le français à Antibes.
2. Moi, je‐j’ _________________ (travailler – Passé composé) jusqu’à 2 heures du matin.
3. C’est bien. On _______________ (pouvoir – futur proche).
4. Le voisin ___________________ (téléphoner – Passé récent) pour nous inviter à l’apéritif.
5. Fred, tu ___________________ (lire – Passé composé/négation) mon texto.
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6. Nous ____________________ (parler – futur proche/négation) de politique! Ça ennuie tout
le monde.
7. Tu __________________ (trouver – passé récent) un travail ce matin!
8. Mes filles, elles __________________ (rentrer‐ passé composé) à la maison vers 19 heures.
9. Emeline, Bravo! Vous _______________ (gagner – passé récent) le voyage à Paris!
10. Ce soir, mes enfants ___________________ (s’endormir‐ futur proche) tôt.
11. Nous ______________________ (se réveiller – passé récent).
12. Vous ______________________ (s’amuser – passé composé) bien hier ?
13. Anaïs et Clément __________________ (acheter – passé récent) cette voiture la semaine
dernière.
14. Mon grand‐père ____________________ (tomber – passé composé) malade récemment.
15. Tu ______________________ (aller – futur proche) au cinéma avec Claude, Samedi ?
IV. Complétez les annonces avec les adjectifs possessifs qui conviennent : (5)
1. Beaucoup de gens recherchent la personne de __________ vie. (Votre/ton/leur) Avec cette
émission, nous vous aidons à trouver l’homme ou femme de __________ vie! (Notre/votreleur).
2. Tu es invité(e) à _________ anniversaire,(Son/ton/mon) dimanche à 15h 30! Viens avec
__________ on va danser. (Vos/tes/leurs).
3. Je fête la fin de ________ vie (Mon/Ta/ma) de célibataire le 9 juin.
V. Choisissez la forme correcte : (5)
1. je ne rentre pas ___________ (dans – à) la maison ce soir.
2. Tu pars en vacances ___________ (chez – aux) les amis de mes parents ?
3. Elle travaille ___________ (dans – chez) un salon de coiffure.
4. Je fais toujours mes courses ___________ (Chez – dans) les mêmes commerçants.
5. Elle et moi, on va __________ (Dans – chez) les mêmes magasins.
VI. Choisissez et écrivez : c’est/il est/elle est. (5)
3
1. ___________ Arnaud Montfort, __________ le fils de Bernard ; _________ acteur et
________ mon acteur préféré!
2. __________ Jo Baker, ________ un homme très généreux.
3. _________ brune et mince et ________ le sosie de Mario Cotillard.
VII. Choisissez le verbe être/faire et conjugues ces verbes si nécessaire : (5)
1. Je dois ________ attention! Il y a beaucoup de voitures!
2. Sara n’/ne _________ pas d’accord avec moi.
3. Je n’aime pas _________ en retard, donc je pars très tôt.
4. ________ ‐ vous en train de regarder la télé ?
5. Nous devons _________ la vaisselle, car mes grands‐parents arrivent bientôt.
VIII. Complétez les deux conversations avec les éléments suivants : (10)
Rousse – une allure sportive – un jeune acteur – elle a les yeux – grand et brun.
1. David Moreno, un petit mot sur votre prochain film : vous avez déjà choisi l’acteur principal.
vous pouvez nous le décrire physiquement ?
‐ Oui, c’est ______________________, il est ______________________________________ ; il a
_____________________________.
‐ Et l’actrice ?
‐ Elle est _______________________ et ____________________________ verts.
IX. Compréhension écrite :
Lisez le texte et répondez aux questions suivantes : (10)
Où est‐ce que les Français aiment passer leurs vacances ?
Une Interview
Journaliste de Loisirs Plus : Où est‐ce que vous aimez partir en vacances ?
4
Lili : Moi, je vais sur l’île de Berder. C’est une très petite île qui se trouve en Bretagne. Elle est
magnifique et j’adore y aller.
Christian : Ma femme est Croate, alors chaque été on va en Croatie. Sa mère est à Zagreb.
Elle a un frère qui habite à 20 kilomètre de Dubrovnik. On visite le pays !
Luc : Moi, je suis un fou de montagne, j’y vais dès que je peux. Mes vacances, c’est les Alpes
ou les Pyrénées, ça dépend. Cet été, je vais faire une randonnée en Suisse. L’année dernière
j’ai fait le tour du Mont‐Blanc. J’ai besoin des sommets et de la nature.
Journaliste : Dans quel autre pays vous aimeriez passer vos vacances ?
Lili : Moi, j’aimerais bien aller aux États‐Unis un jour. Je n’y suis jamais allée.
Christian : Peut‐être en Espagne ou au Portugal.
Luc : Au Népal pour découvrir l’Himalaya !
(a) Dites vrai ou faux : (4)
1. Lili va en vacances en France. V / F
2. Elle ne veut jamais visiter les États‐Unis.V / F
3. Luc va souvent dans les montagnes.V / F
4. La femme de Christian n’est pas française.V / F
(b) Trouver le contraire dans le texte : (4)
1. Rester ×
2. Sage ×
3. Nuit ×
4. Déteste×
(c) trouver un autre mot pour : (2)
1. Un espace ou terrain entoure de la mer =
2. Poser des questions à une personne=
3. Le nom de deux montagnes connus dans le monde :
4. Deux pays qui ne sont pas en Europe :
5
X. Compréhension de l’oral :
1. Extrait – 1 Écoutez le message et complétez le faire‐part. (6)
______________________________ et Laurent
Sont heureux de vous annoncer
La naissance de leur______________________
Elle s’appelle _____________________
Elle est née le _____ _________________
Elle pèse _______________ et mesure ______________
2. Extrait – 2. Écoutez la publicité et répondez aux questions. (4)
a. Le club est dans quelle ville ?
____________________________________________________________
b. Notez deux sports proposés par ce club.
___________________________________________
___________________________________________
c. Pour avoir des renseignements vous pouvez appeler au 05 ____ ____ ____ ____.
XI. Écrivez une carte postale d’un voyage : Vous êtes en vacances dans une ville ou pays de
votre choix. Écrivez à votre ami(e) des indications sur la localisation d’un pays (la capitale,
6
une caractéristique, une célébrité…..) Précisez le type d’activités (sports et loisirs) qu’on peut
y pratiquer. 50‐70 mots (10)
XII. Dictée. (10)

St. Joseph’s College of Commerce M.I.B. 2013 III sem Foreign Exchange Management Question Paper PDF Download

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1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
MIB – III SEMESTER
FOREIGN EXCHANGE MANAGEMENT
Time: 3 Hours Max. Marks: 100
SECTION- A
I) Answer any SEVEN questions. (7×5 = 35)
1. Assume that the Polish currency (called zloty) is worth USD 0.32. The
USD is worth EUR 0.7. One USD can be exchanged for 8 Mexican pesos.
Last year a dollar was valued at 2.9 Polish zloty and the peso was valued
at USD 0.10.
(a) Would US exporters to Mexico that expect pesos as payment be
favourably or unfavourably affected by the change in the Mexican
peso’s value over the last year?
(b) Would US importers from Poland that pay for imports in zloty be
favourably or unfavourably affected by the change in the zloty’s
value over the last year?
2. State the covered interest parity theorem. Assume that interest rate parity
exists. The one-year nominal interest rate in the US is 7%, while the one
year nominal interest rate in Australia is 11%. The spot rate of the
Australian dollar is USD 0.60. Today, you purchase a one year forward
contract on 10M AUD. How many USD will you need in one year to
fulfill your forward contract?
3. Global Banking Corp. can borrow $5 M at 5% annualized. It can use the
proceeds to invest in Canadian dollars at 9% annualized over a 6-day
period. The Canadian dollar is worth $ 0.95 and is expected to be worth $
0.94 in 6 days. Based on this information, should Global Banking Corp.
borrow US dollars and invest in Canadian Dollars? What would be the
gain or loss in US dollars?
4. What are the quotation conventions adopted by ACI?
5. What is Fundamental Forecasting based on?
6. A valued constituent of a bank wants to remit FFR 200,000. The spot
interbank levels are:
USD/INR 43.3550/3650
USD/FFR 5.9028/48
Calculate the rupee amount to be recovered from the customer taking into
account, Exchange margin of 0.10%
2
7. A bank issued a demand draft on Montreal for CAD 50,000 at CAD/INR
29.4850. However, after a few days the purchaser of the draft requested
the bank to cancel it and repay the rupee equivalent to him.
Assuming the CAD were quoted in the Singapore market as under:
USD/ CAD 1.4541/4561
And in the interbank market USD/INR 42.5275/5350, how much will the
customer gain/lose on cancellation of the draft? Exchange margin on TT
buying is 0.08%
8. What does the BOP approach state as a theory of exchange rate
determination?
9. Distinguish between forward contracts and futures contract.
10. Give a summary of option pay off patterns.
SECTION -B
II) Answer any THREE questions. (3×15=45)
11. (a) On 20th May a bank’s customer tenders a 30 days sight bill drawn
under a letter of credit, in his favour opened by the bank’s Singapore
branch. The bill is for Singapore dollars 100,000 drawn on Hongkong. The
customer desires to retain 25% of the proceeds of the bill in foreign
exchange.
Assuming SGD are quoted in Singapore market as under:
Spot USD/SGD 1.6210/6240
1 month forward 42/40
2 months forward 63/60
3 months forward 84/80
USD are quoted in the interbank market as under:
Spot USD/INR
43.4525/4600
Spot June 1100/1000
Spot July 2200/2100
3 August 3300/3200
3
What rate will the bank quote to the customer?
The bank requires an exchange margin of 0.10%, Transit period is 20
days. Interest on post shipment finance is 10%.
Also calculate the rupee amount payable to the customer.
(8 marks)
b) Euro is quoted in Singapore as under:
Spot EUR/USD 1.0125/150
One month forward 0.0050/0.0075
In the interbank market, USD is quoted as follows:
Spot USD/INR 42.1250/1375
1 month forward 6000/6100
The bank loads an exchange margin of 0.15% in the exchange rate for
TT selling and 0.20% for bill selling.
i) A shipping company has asked the bank to quote its TT selling
rate for a freight remittance of EUR 150,000 to Frankfurt
ii) Another customer requires the bank to retire an import bill
drawn on him for Euro 12,000
What rate will the bank quote to the customers?
(7 marks)
12. Explain covered interest parity theory.
13. Explain the corporate motives for forecasting exchange rates. Explain
technical and fundamental forecasting methods. What are some
limitations of using the fundamental technique to forecast exchange rates?
14. (a) 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
4
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?
(8 marks)
(b) Today is April 3rd. Spot USD/INR:48.75/78
Spot April end: 5/8
Spot May end: 12/17
Spot June end: 20/30.
Find the quote on June 20th.
(7 marks)
15. Write a note on Purchasing Power Parity theory and International Fischer
Effect.
SECTION –C
III) Compulsory – Case Study (20 marks)
How BMV dealt with Foreign Exchange Risk
The story: BMW Group, owner of the BMW, Mini and Rolls-Royce brands, has been
based in Munich since its founding in 1916. But by 2011, only 17 per cent of the cars
it sold were bought in Germany.
In recent years, China has become BMW’s fastest-growing market, accounting for 14
per cent of BMW’s global sales volume in 2011. India, Russia and eastern Europe
have also become key markets.
The challenge: Despite rising sales revenues, BMW was conscious that its profits
were often severely eroded by changes in exchange rates. The company’s own
calculations in its annual reports suggest that the negative effect of exchange rates
totalled €2.4bn between 2005 and 2009.
BMW did not want to pass on its exchange rate costs to consumers through price
increases. Its rival Porsche had done this at the end of the 1980s in the US and sales
had plunged.
In the light of the above case study explain what foreign exchange rate risks it might
be facing and methods to manage the same.
**********************

St. Joseph’s College of Commerce M.I.B. 2013 III sem Ethics For Business Decisions Question Paper PDF Download

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1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
M.I.B. – III SEMESTER
ETHICS FOR BUSINESS DECISIONS
Time: 3 hrs Max. Marks:100
Section – A
I) Answer any SEVEN questions. (out of 10) (7×5=35)
1. Explain the significance of the RTI Act.
2. Why is surrogate advertising unethical?
3. What is whistle blowing? What is its role in corporate ethical behaviour?
4. What is the Banking Ombudsman Scheme 2006?
5. Discuss the basic objectives of SEBI.
6. What is ASCI? What are its codes?
7. Explain Green Marketing and Green Washing?
8. Discuss CSR and its role in business ethics.
9. Briefly explain the six stage model of Kohlberg.
10. Explain Kantianism and its relevance to business organisations.
Section – B
II. Answer any THREE questions. (out of 5) (3×15=45)
11. Discuss the major HR related ethical issues in the Indian Context.
12. Explain the areas in marketing ethics (the 4 Ps) with suitable examples.
13. What is the role of board of directors in ensuring ethical business.
14. Discuss the important laws passed in India for protecting consumers.
15. Discuss the different obligations of a company to ensure corporate
governance.
Section –C
III) Case Study – compulsory question. (1×20=20)
Ethics of Ads targeting Children
Over the years, there have been several controversies surrounding ads for children.
Though there are strict guidelines and laws against advertising many products
targeted at children in USA and UK, in India, there are no such regulations.
Every advertisement has a target audience. The question is whether there should be
stricter regulations for advertising that focus on more vulnerable sections, especially
children. Is it alright to show smart looking middle class mothers, usually played by
popular actresses or models, serving their children a meal of instant noodles or
cereals fortified with small quantities of vitamins?
A WHO report mentions that there has been intense lobbying by the private sector
against proposals restricting ads of food products for children. This sector of
2
marketing has been growing in tandem with globalisation and the fastest growth has
been registered in China and India.
Questions:
1. Why do marketers target children?
2. What are the pros and cons of this strategy?

St. Joseph’s College of Commerce M.I.B. 2013 III sem Advanced Computer Applications For Business Question Paper PDF Download

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1
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – OCTOBER 2013
M.I.B. – III SEMESTER
ADVANCED COMPUTER APPLICATIONS FOR BUSINESS
Duration: 3 Hours Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions Out of TEN. (7×5=35)
1. Explain data processing cycle with relevant example?
2. What is real time data processing? Specify any two advantages of real time data
processing?
3. What are the main objectives of information systems audit?
4. Explain the factors to be considered while planning an information systems audit in
an IT organization?
5. Discuss the stages in security life cycle with relevant example?
6. How is Information Technology impacting the changes in the 21st century workplace?
7. What is ITES? Discuss the application of ITES in various areas of business?
8. What are the business advantages of Ms-Excel application?
9. “One of the main advantages of MIS is to facilitate effective managerial decision
making” Discuss?
10. What are the components of a computer system? Explain the utility of the computer
components?
SECTION – B
II) Answer any THREE out of FIVE. (3×15=45)
11.
a. Explain the framework for conducting information systems audit? (10 marks)
b. Discuss the relationship between capability maturity model Levels and IS audit with
an example? ( 5 Marks)
12. “The 21st century business is built on highly sensitive information” Discuss the
statement from the perspective of an Information technology organization?
13. What is BPO? Explain the conceptual framework of BPO implementation in any
service sector?
2
14. a) What are advantages of computer applications in various areas of business?
(10 marks)
b) What are the computer related jobs available in the market for a commerce
graduate? (5 marks)
15.
a) Explain in detail the phases of system development life cycle with relevant
examples? (12 marks)
b) Is SDLC part of Information Technology project management method? ( 3 marks)
SECTION – C
II) Case Study – Compulsory question (No Choice) (1×20=20)
16.
Noida Public Library is the biggest library in Noida. Currently it has about 300 members.
A person who is 18 or above can become a member. There is a membership fee of Rs 400
for a year. There is a form to be filled in which person fills personal details. These forms
are kept in store for maintaining members’ records and knowing the membership period.
A member can issue a maximum of three books. He/she has three cards to issue books.
Against each card a member can issue one book from library. Whenever a member
wishes to issue a book and there are spare cards, then the book is issued. Otherwise that
request is not entertained. Each book is to be returned on the specified due date. If a
member fails to return a book on the specified date, a fine of Rs 2 per day after the due
return date is charged. If in case a card gets lost then a duplicate card is issued. Accounts
are maintained for the membership fees and money collected from the fines. There are
two librarians for books return and issue transaction. Approximately 100 members come
to library daily to issue and return books.
There are 5000 books available out of which 1000 books are for reference and cannot be
issued.
Records for the books in the library are maintained. These records contain details about
the publisher, author, subject, language, etc. There are suppliers that supply books to the
library. Library maintains records of these suppliers. Many reports are also produced.
These reports are for details of the books available in the library, financial details,
members’ details, and supplier’s details.
Currently all functions of the library are done manually. Even the records are maintained
on papers.
Now day by day members are increasing. Maintaining manual records is becoming
difficult task.
3
There are other problems also that the library staff is facing. Like in case of issue of
duplicate cards to a member when member or library staff loses the card. It is very difficult
to check the genuinely of the problem. Sometimes the library staff needs to know about the
status of a book as to whether it is issued or not. So to perform this kind of search is very
difficult in a manual system. Also management requires reports for books issued, books in
the library, members, and accounts. Manually producing the reports is a cumbersome job
when there are hundreds and thousands of records.
Management plans to expand the library, in terms of books, number of members and
finally the revenue generated. It is observed that every month there are at least 50-100
requests for membership. For the last two months the library has not entertained requests
for the new membership as it was difficult to manage the existing 250 members manually.
With the expansion plans, the management of the library aims to increase its members at
the rate of 75 per month. It also plans to increase the membership fees from 400 to 1000
for yearly and 500 for half year, in order to provide its members better services, which
includes increase in number of books from 3 to 4.
Due to the problems faced by the library staff and its expansion plans, the management is
planning to have a system that would first eradicate the needs of cards. A system to
automate the functions of record keeping and report generation. And which could help in
executing the different searches in a faster manner.
Questions:
1. What is System analysis and Design? What is the role of Systems analyst in
performing SAD? (5 marks)
2. As a systems analyst, perform the system analysis and design (SAD) and identifying
the problems of the current system study the feasibility of a new automated system
and provide solution to the management of the library?- (15 marks)

St. Joseph’s College of Commerce M.I.B. 2013 I sem Managerial Communication Question Paper PDF Download

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St. Joseph’s College of Commerce (autonomous)

End Semester Examination – september  2013

 

MIB – I Semester

Managerial Communication

Time:2 Hours                                                                                                                         Max. Marks-70

Section – A

  1. I) Answer any Four of the following questions in about 150 words.                                      (5×4= 20)

1) Attempt a suitable definition of the term ‘communication’ and elaborate your answer.

 

2)  What are semantic barriers to effective communication? How can they be  overcome?

 

3) Write a short note on ‘Qualities of a Good report’.

4) What is the importance of audience analysis in effective oral presentation?

5) What is an e-mail? Discuss its advantages.

Section – B

 

  1. II) Answer any Four of the following questions.                              (4x10m =40)

6)  Suppose you want to take a car loan from STATE Bank of India, Bangalore. Write a letter to the

Chief Manager, SBI branch of your locality requesting him/her to send you all the information

related to car loan by SBI.

 

7)  Explain the term ‘Business Etiquettes’. The best rule for anyone to follow is to eat the way you are

accustomed to. Elaborate this statement in reference to Business  etiquettes.

 

8) What is a business report? While drafting a report, what technicalities should be kept in mind?
9) Assume that you are Arun Singh, the Director of NIIT, Kolkata. Draft a letter to a prospective

student, mentioning the value of NIIT training and the relevance of its   course. Refer to any

newspaper advertisement of NIIT.

 

 

10) What are the essential elements in the introduction, body and conclusion of an oral presentation?

 

 

 

 

 

 

 

Section – c

 

III) Choose the correct preposition in the following sentences.                          (5×2=10)

11) More than twenty years have now passed…….. (since, when) I had my flight.

12) The title ‘Bharat Ratna’ was conferred ……. (to, on) him at a ceremony.

13) Two cars collided ………. (with, into) each other near the school.

14) This is the road to go ……. ( through, by).

15) He grew tired of hard work and began to despair…….. (with, of) success.

 

 

 

St. Joseph’s College of Commerce M.I.B. 2013 I sem International Business Environment Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2013

M.I.B. – I SEMESTER

International Business Environment

Time: 3 hrs                                                                                                         Max.  Marks:100

 

                   Section –A

  1. Answer any SEVEN                                                                 (7 x 5 = 35)

 

  1. Make a critical assessment of WTO’s assistance to world trade.
  2. What are the main objectives of the Foreign Trade Policy (FTP)?
  3. Thrust of mercantilism.
  4. State the government strategy to achieve the objectives of the Indian Foreign Trade Policy 2004-2009.
  5. Special Economic Zone (SEZ) programme in India Boon or Disaster?
  6. Indian seller of goods and Chinese buyer agreed that as per the rules of the International Chamber of Commerce (ICC), the arbitration would be held in Singapore. The Chinese buyer, however, filed an application in the Indian High Court seeking an injunction restraining the Indian seller from selling or alienating its goods, property or assets. Indian seller took the objection that, as per the agreement, the place of arbitration was at Singapore. As such, provisions of the Part-I of the Arbitration and Conciliation Act, 1996 were not applicable and the application for interim relief was liable to be dismissed. Decide with reasons in the light of authoritative judgment on the above issue.
  7. Discuss in detail the reasons that prompt the companies for doing business globally.
  8. Highlight the function of theory of comparative advantage in global business.
  9. Critically discuss the various dimensions of technology transfer international business.
  10. Write short notes on: (a) GDP         (b) GNP

 

Section – B

  1. Answer any THREE                                                          (3 x 15   = 45) 

 

  1. Good business are not born, but are made by the combined efforts of all stakeholders, board of directors, government and the society at large.” In the light of this statement, bring out the various responsibilities of business towards different grouping of good corporate social responsibility.

 

  1. Make a critical assessment of different approaches to world trade and commerce.

 

  1. Explain the various strategies followed at various stages of product life cycle in global business. And discuss the motive for PLC in global trade.

 

  1. Enumerate the main motive within social and cultural Environment of global trade.

 

  1. Discuss the following technology impact on global business

(a) E-Business                (b) EFT                (c) SWIFT

 

Section – C

  • Compulsory Case study                                                             ( 1 x 20 = 20)

 

 India has imposed anti-dumping duties on imports of compact discs recordable (CDRs) from China, Hong Kong, Singapore and Chinese Taipei. The move is expected to give some relief to domestic producers of CDRs. The Central Board of Excise and Customs (CBEC) had notified the imposition of anti-dumping duty in the range of $0.050 to $0.099 per piece. Imposition of duty is expected to level the field for domestic players. The domestic industry had petitioned the government against such imports as these were eroding their margins.

The designated authority – Director General of Anti-Dumping (DGAD) had made a recommendation to the CBEC in this regard. The authority, in its final findings, had concluded that the CDRs had entered Indian market from the identified countries at price less than their normal value in the domestic market.

“The domestic industry had suffered material injury and the injury has been caused to the domestic industry both by volume and price effect of dumped imports of subjected goods originating in or exported from the subject countries”, it had said. The authority maintained that dumping margins of the CDRs imported from these countries were substantial and above the de minims and recommended imposition of definitive anti-dumping duties.

 

Answer the following questions

 

  • What is dumping? Illustrate.
  • How did Directorate General of Anti dumping and Allied Duties (DGAD) come to the conclusion of dumping of CDRs?
  • Under what conditions DGAD would have suspended the investigations?
  • With whom the appeal against the order of DGAD may be filed and in how many days?

&&&&&&&&&&&&&&&&&&&&&&&

 

 

END SEMESTER EXAMINATIONS – OCTOBER ’2013

Class: MIB                                                                                                                Semester: I

          Subject: International Business Environment

Time: 3 Hours                                                                                                    Max: 100 Marks

SYNOPSIS OF ANSWER KEYS

 

Section –A                                                                

     Answer any SEVEN questions                                                                                    7 x 5 = 35         

  1. Make a critical assessment of WTO’s assistance to world trade
  • The World Trade Organization (WTO) is the only international organization dealing with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
  • The goal is to help producers of goods and services, exporters, and importers conduct their business
  • Administers the WTO Agreements and facilitates their operation and implementation

Various assistance of WTO

  • Provides a forum for trade negotiations among member states on matters covered by the Agreements and for further liberalization of trade amongst members
  • Responsible for the settlement of differences and disputes between members
  • Responsible for periodic reviews of the trade policies of members
  • In addition provides technical assistance and training for developing countries
  • Cooperates with other international organisations on subjects of mutual interest

 

  1. What are the main objectives of the Foreign Trade Policy (FTP)?
  • Policies are designed to regulate, direct, and protect national activities. The exercise of these policies is the result of national control, which provides a government with the right to shape the environment of the country and its citizens.
  • Analyze the most common reasons for countries to protect certain industries. And to discuss the mechanisms used to provide protection.
  • Enhance exports of major export.
  • Commodities Identify potential export commodities.
  • Diversify export destinations.

 

  1. Thrust of mercantilism

Mercantilism, which emerged in England in the mid-16th century, asserted that it is in a country’s best interest to maintain a trade surplus, to export more than it imports.

Thrust Areas

  • Promotion of National wealth and power
  • Importance of trade surpluses
  • Trade surplus leads to a net gold inflow, and thereby to greater national wealth and power
  • correlation between nations and households
  • Encourage domestic production and exports, discourage imports

 

  1. State the government strategy to achieve the objectives of the Indian Foreign Trade Policy 2004-2009.

Objective: Simplifying procedures and bringing down transaction costs

  • Transaction costs are incurred at the pre and post-production stages, and arise out from several procedural complexities associated with administrative processes, availability of finance and transportation problems.
  • For enhancing the growth of exports it is important to reduce the transaction costs involved.
  • Simplified and less stringent bureaucratic procedures like single window clearance and business friendly approach
  • Better technology due to higher levels of foreign investment, faster loading/unloading methods
  • Flexible labour laws and Cheap availability of power and raw materials

 

  1. Special Economic Zone (SEZ) programme in India Boon or Disaster?
    • Political Influence / Interference
    • Strict Policy
    • Setting up of new infrastructure
    • Resettlement and rehabilitation policy
    • Slow on approval for IT SEZ’s
    • Problem of alienation and discrimination.

 

  1. Indian seller of goods and Chinese buyer agreed that as per the rules of the International Chamber of Commerce (ICC), the arbitration would be held in Singapore. The Chinese buyer, however, filed an application in the Indian High Court seeking an injunction restraining the Indian seller from selling or alienating its goods, property or assets. Indian seller took the objection that, as per the agreement, the place of arbitration was at Singapore. As such, provisions of the Part-I of the Arbitration and Conciliation Act, 1996 were not applicable and the application for interim relief was liable to be dismissed. Decide with reasons in the light of authoritative judgment on the above issue.

Based on Negotiation, Agreement – Consider Arbitration and Conciliation. Without affecting two countries bilateral relationship.

  1. Discuss in detail the reasons that prompt the companies for doing business globally.
  • Greater integration and interdependency of national economies; leading to freer movement of goods, services, capital, and knowledge
  • Rise of regional economic integration coalition
  • Growth of global investment and financial flows
  • Convergence of consumer lifestyles and preferences
  • Globalization of production
  • Exchange of products and services across national borders; typically through exporting and importing.

 

 

  1. Highlight the function of theory of comparative advantage in global business.

Theory of comparative advantage

It makes sense for a country to specialize in the production of those goods that it produces most efficiently.

  • According to the law of comparative advantage, a country must specialize in those products that it can produce relatively more efficiently than other countries.
  • Superior features provide good products
  • Unique benefits in global competition
  • Beneficial for two countries to trade even if one has absolute advantage in the production of all products.

 

  1. Critically discuss the various dimensions of technology transfer international business.
  • Defines the concept as ‘‘the movement of know-how, technical knowledge, or technology from one organizational setting to another’’.
  • Analyze an astonishingly wide range of organizational and institutional interactions involving some form of technology-related exchange.

Dimension Technology Transfer

  • Transfer agent
  • Transfer medium-
  • Transfer object
  • Transfer recipient
  • Demand Environment

 

  1. Write short notes on

(a) GDP- The total value of all goods and services produced within a nation’s borders over one year, no matter whether domestic or foreign-owned companies make the product.

(b) GNP- The income generated both by total domestic production as well as the international production activities of national companies.

 

     Answer any THREE questions                                                                               3 x 15   = 45 

 

  1. Good business are not born, but are made by the combined efforts of all stakeholders, board of directors, government and the society at large.” In the light of this statement, bring out the various responsibilities of business towards different grouping of good corporate social responsibility.

 

Responsibilities towards various groups

  • Owners / shareholders
  • Employees
  • Consumers
  • Government
  • Community and Society At Large

 

 

  1. Make a critical assessment of different approaches to world trade and commerce.

 

 

  1. Explain the various strategies followed at various stages of product life cycle in global business. And discuss the motive for PLC in global trade.
  • It’s important for marketers to understand how to move their product through the different stages by manipulating the marketing mix. A product life cycle consists of the introductory, growth, maturity and decline stages.
  • These stages need to be supported with correct pricing, promotion and distribution to reach the target market.

 

 

 

 

 

 

 

 

 

 

 

  1. Enumerate the main motive within social and cultural Environment of global trade.

 

 

 

 

  1. Discuss the following technology impact on global business

(a) E–Business

  • Reduction in physical boundaries and distance;
  • Serve larger customer base more efficiently;
  • Target specific customer groups;
  • The Internet is an interactive marketing medium;
  • More detailed information on customer transactions; and
  • Improved transaction efficiency.

 

 (b) EFT

  • EFT Global provide an efficient, safe and effective method to accept or make payments by EFT/ACH methods reducing administrative overheads and adding process efficiencies to your business.
  • Electronic fund transfers (EFT’s) are processed using the worldwide payment networks. EFT is a paperless system that provides for the inter-bank clearing of electronic entries for participating financial institutions
  • With the global emergence of electronic payments replacing paper based transaction methods it is now more important than ever for businesses to process transactions fast, efficient and accurately; enhancing business capabilities, reducing administrative overheads and allowing you concentrate on core business functions.

 

          (c) SWIFT- Society for Worldwide Interbank Financial Telecommunications

  • Quick and cheap
  • Secure and reliable
  • Standardized forms
  • Speed-More Reliable and Fast, Accurate
  • Costs- Cheaper
  • Volume – Manage Large
  • Security – More Authentic service
  • Uniform Formats

 

St. Joseph’s College of Commerce M.I.B. 2013 I sem Management Concepts & Organizational Behaviour Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2013

M.I.B. – I SEMESTER

MANAGEMENT CONCEPTS & ORGANIZATIONAL Behaviour

Duration: 3 hours                                                                                      Max. Marks: 100

SECTION – A

 

  1. I) Answer any seven from the following:                                                (7 x 5= 35)

 

  1. Name four different schedules of reinforcement. Describe how each may be used for organizations.
  2. What are values and how do they differ from attitudes?
  3. What are the organizational challenges present in the current Indian scenario?
  4. The issue of who should be responsible for dealing with work stress – the individual or the organization – is an important one. What do you think?
  5. Explain the roles that a manager plays in an organization. How is a leader different from a manager?
  6. What are the negative effects of a highly cohesive group? Explain groupthink in this context.
  7. Bring out the ethical issues involved on power and politics.
  8. How do you relate Pavlov’s experiment in Classical conditioning to human     behavior? Give examples as to how a known stimuli results in known   responses.
  9. Explain the managerial grid with the example of a diagram.
  10. Critically analyze Maslow’s Hierarchy of needs theory.

 

SECTION – B

 

  1. II)   Answer any three of the following:                                                       (3×15=45)

 

  1. What are the major sources of interpersonal conflict? Which do you think is most relevant in today’s organizations?
  2. What are the major personalities attributes influencing OB?
  3. Explain the contingency theories of leadership.
  4. Explain the attribution theory.
  5. “People influence organizations, and organizations influence people”. Explain the statement.

 

 

SECTION – C

III) Case Study  – Compulsory question.                                                     (1x 20=20)

General Electric Corporation consists of over 186 companies organized into 43

strategic groups and six business sectors. With over 250 000 employees, it is one

of the oldest consumer and industrial products manufactures in America. For

over 40 years it has been one of the largest defense contractors. For the US armed

services it builds jet engines, radar systems, missile components and a variety

of replacement parts. It also builds military hardware for purchase by friendly

countries after the Department of Defense and the Commerce Department have

cleared the transactions.

 

All defence contracting firms in the USA have started efforts to prevent or eliminate fraudulent and deceptive business practices. These programmes have been stimulated by the provisions of the 1986 False Claims Act and the investigative practices of the US Justice Department and the Defense Criminal Investigative Service, both components of the US Attorney General. Besides spelling out fraudulent practices, remedies and penalties, the law specifically protects whistle­blowers. A whistle­blower is an employee who reports corporate wrong­doing such as bribes, kickbacks, false accounting practices or cheating to federal officials. The law noted above specifically protects such individuals from retaliation (termination, pay loss, job transfer, demotion, discipline or harassment) by their employers for informing the federal officials or for giving testimony in government initiated suits against defence contractors. Further, whistle­blowers can receive up to 25 per cent of the fine or penalty assessed against the firm when wrongdoing is proven. General Electric mounted an ambitious campaign to comply with the False Claims Act. In spite of internal controls and employee training, GE has been charged with fraudulent defence contracting activities several times in recent years. One such case involved a long­time employee named Chester Walsh. He blew the whistle on a scheme designed to create payoffs and kickbacks to a GE manager and an Israeli general. During the 1980s the pair defrauded the US government of about $42 million. Mr Walsh charged that Herbert Steindler, a GE marketing official who handled Israeli accounts, conspired with Israeli Air Force General Rami Dotan to prepare and submit false invoices for payment for military equipment and services which were never provided by GE which then passed the bills on to the appropriate US defence agency. The ruse lasted for several years until Mr Walsh detected it.  Rather than report the illegal activities right away, Mr Walsh learned the details of the 1986 law and he gathered irrefutable evidence of the conspiracy. For four years he assembled documents and recorded conversations. By 1991 he had reported the abuses and he filed suit against his employer under the False Claims Act. The US Justice Department and the US Air Force investigated the charges. Eventually 24 GE employees were dismissed or disciplined, including Mr Steindler. In Israel, General Dotan was convicted of bribery and related  crimes and given a 13­year prison sentence. Mr Walsh received $11.5m of the $69m GE had to pay the federal government to end the case.

 

Questions:

 

  • Do you think that fraudulent business practices are more common in very

 

large organisations? If so, why?

 

2 )    Why did Mr Walsh wait for four years to reveal the conspiracy between

 

Mr.  Steindler and General Dotan? In your mind did he gain anything by

 

delaying his accusation?

 

3)    What are your recommendations to GE for preventing fraudulent practices

 

and encouraging ethical employee conduct?

 

 

&&&&&&&&&&&&&&&&&&&&&&&&

St. Joseph’s College of Commerce M.I.B. 2013 I sem Mathematics And Statistics For Managers Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2013

M.I.B. – I SEMESTER

Mathematics and Statistics for Managers

 

Duration: 3 hours                                                                                        Max. Marks: 100

SECTION- A

 

  1. Answer any SEVEN                             (7 x 5  = 35)

 

  1. Assume that the life expectancy of women in a country follows linear relationship with respect to time. Given that in 1980 the life expectancy was 65 and in 2005 it was 75 years. Find the linear relationship between life expectancy and time. Estimate life expectancy of women in the year 2015.
  2. A student has 3 places where he can take his breakfast. The college canteen charges Rs.20 for an egg roll, Rs.10 for a cake and Rs.5 for tea. A fast food place charges Rs.15 for an egg roll, Rs.15 for cake and Rs.6 for tea. A nearby restaurant charges Rs.40 for an egg roll, Rs25 for cake and Rs.10 for tea. A student wishes to buy 2 egg rolls one cake and a tea. Represent the following information in the form of a matrix. Through matrix operations find the cost of breakfast at different places.
  3. “Each type of average has its own particular field of usefulness” Briefly discuss the characteristic features of different averages.
  4. In a single throw of two dice, what is the probability of getting a total of 9?
  5. A card is drawn from a regular pack of cards and a gambler bets that it is a spade or an ace. What are the odds in favour of his winning this bet.
  6. Explain any ten properties of a normal distribution curve.
  7. What is the difference between decision making under uncertainity and risk?

Explain the    various decision criterion under risk.

  1. Find the coefficient of correlation between the values of x and y using concurrent deviation method.
x 78 89 97 69 59 79 68 61
y 125 137 156 112 107 136 123 108

 

  1. Fit a straight line trend by the method of least squares for the following data about sales of a trading firm.

 

Year 2005 2006 2007 2008 2009
Sales

’00,000 Rs.

 75 90 91 95 98

 

  1. The following table shows the gain in weight by 25 children in a year. Find the mean, median and the mode of weight gained.

 

Gain in weight

(kg)

 1.5 2 2.4 3 3.2 3.4
No. of children 4 5 8 5 2 1

 

  1. For the following data calculate Range, Inter Quartile Range, Quartile Deviation and its coefficient 10, 15, 18, 20, 20, 22, 23, 25, 27, 30

 

SECTION –B

 

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

 

  1. a) Using matrices solve the following system of equations.

3x+4y+5z=18,   2x-y+8z=13,   5x-2y+7z=20

  1. b) The total cost of production of a firm is given by the function C= 12x2 – 8x + 4

Find i)  Total cost for an output of 15 units

  1. ii)  The average cost for an output of 12 units.

iii) The marginal cost for an output of 16 units.

  1. iv) The revenue function when the price is Rs.400.
  2. v) Profit maximizing output with the above revenue function.
  3. vi) Maximum profit

vii) Profit for an output of 20 units                                                             (8+7)

 

  1. A purchasing agent obtains samples of 60 watt bulbs from two companies. He had the samples tested in his own laboratory for length of life with the following results:
  2. a) Which company’s bulbs do you think are better in terms of average life?
  3. b) If prices of both companies are same, which company’s bulbs would you buy?

 

Length of

Life (in hours)

 Samples from
Company A Company B
1700-1900 10 3
1900-2100 16 40
2100-2300 20 12
2300-2500 8 3
2500-2700 6 2

 

 

 

 

 

 

 

 

  1. a) Given the prices and the average monthly quantities purchased by children calculate Index numbers based on Laspeyer’s, Paasche’s, Dorbish and Bowley’s and Fisher’s Method.
Item 2005 2010
Price Quantity Price Quantity
Comic Books 8 1 10 2
Toffees 1 30 2 25
Icecreams 5 5 6 10
Play-articles 10 1 15 1

 

 

 

 

 

 

 

 

  1. b) Given the payoff table find the regret table and calculate EMV, EOL, EVPI, EPPI and identify the best decision.

 

 

Retailer’s

demand

 Probability Conditional Payoffs

(‘000 Rs)

Stock per week
1000

Pairs

 3000

Pairs

 5000

Pairs
1000 pairs 0.6 50 -10 -70
3000 pairs 0.3 50 150 90
5000 pairs 0.1 50 150 250

(8+7)

 

  1. a) Let A and B be events with P(A)=3/8, P(B)=5/8, and P(A and B)=3/4 Find P(A or B), P(A/B), P(B/A), P(Ac), P(Bc), P( Ac and Bc).
  2. b) In a railway reservation office, two clerks are engaged in checking reservation forms. On an average, the first clerk checks 55% of the forms, while the second does the remaining. The first clerk has an error rate 0 .03 and second has an error rate of 0.02. A reservation form is selected at random from the total number of forms checked during a day, and is found to have an error. Using Baye’s theorem Find the probability it was checked i) by the first  ii) by the second clerk.
  3. c) An organization has two packaging machines: old and new. The new machine is more efficient if the materials are of good quality, on the other hand the old machine performs better if the materials are of poor quality. In the previous batches 80% materials have been of good quality and 20% of poor quality. The profit details are given below. Using decision tree decide which machine should be used under the condition that the quality of material is not known at this stage.

 

 

Quality

Of

Materials

 Profit
New

Machine

 Old

Machine
Good 2400 2000
Poor 800 1600

 

  1. a) Fit a poisson distribution for the following data and calculate the theoretical frequencies:

 

X 0 1 2 3 4
f 122 60 15 2 1

 

  1. b) The marks of 1000 students in an examination follows normal distribution with mean 70 and standard deviation 5. Find the number of students whose marks will be i) less than 65 ii) more than 75  iii) between 65 and 75.
  2. c) The number of  telephone lines busy at an instant of time is a binomial variate with probability 0.1 that a line is busy. If 10 lines are chosen at random, what is the probability that  i) no line is busy            ii) atmost 2 lines are busy.                                                                                                                                                         (5 + 5 + 5)

 

SECTION –C

 

III ) Compulsory Question                                                                                        (20marks)

 

16.a) A psychologist wanted to compare two methods A and B of teaching. He selected a random sample of 22 students. He grouped them into 11 pairs so that students in a pair have approximately equal scores on an intelligence test. In each pair one student was taught by  method A and the other by method B and examined after the course. The marks obtained by them are tabulated below. Find the spearman’s rank correlation coefficient. Interpret the result.

 

A 24 29 19 14 30 19 27 30 20 28 11
B 37 35 16 26 23 27 19 20 16 11 21

 

  1. b)    The  general sales manager of Kiran- Enterprises, an enterprise dealing in the sale of readymade garments is trying with the idea of increasing his sales to Rs.80,000. On checking the records of sales during the last 10 years, it was found that the annual sale proceeds and advertisement expenditure were highly correlated to the extent of 0.8. The average and variance of sales and advertisement expenditure are given in the table.

Find the two regression equations. How much expenditure on advertisement would you suggest the general sales manager of the enterprise to incur to meet his target sales.

 

  Sales Advertisement

Expenditure
Average 45,000 30,000
Variance 1600 625
r=+0.8

(8+12)

 

 

 

 

St. Joseph’s College of Commerce M.I.B. 2013 I sem Economics For Managers Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – OCTOBER 2013

M.I.B. – III SEMESTER

Economics for managers

Duration: 3 hours                                                                                      Max. Marks: 100

SECTION- A

 

  1. Answer any SEVEN        (7 x 5  = 35)

 

  1. Explain the term explicit and implicit cost with an example.
  2. Explain short run equilibrium of the firm under perfect competition.
  3. Differentiate between selling and social cost with a example.
  4. What are isocost curves? state through a schedule
  5. Explain increase and extension of demand through a figure.
  6. What is meant by dual pricing?
  7. What are learning curves?
  8. Differentiate between AC and MC.
  9. Explain the concept of marginalism.
  10. Differentiate between Micro and Macro economics.

 

Section – B

 

  1. Answer any THREE out of FIVE.                                             (3 x 15   = 45) 

 

  1. What is Producers equilibrium. Explain the Producers Equilibrium with the help               of a diagram.
  2. Explain Price and output determination of a discriminating monopolist.

 

  1. a) with the help of the following data calculate TVC.AC.MC.AVC.AFC
output 10 20 30 40 50 60 70
TFC 250            
Tc 350 500 800 1000 1300 1800 2500

 

  1. Explain the relationship between LAC and SAC.

 

  1. What is Price elasticity of demand? Explain the different degrees of price elasticity. state its significance.

 

 

 

  1. Explain the short run and long run equilibirium of the firm under perfect competition. explain with suitable figs

 

 

Section – C

 

  • Case Study – compulsory question.   (20 marks)

 

16.

  • Kinley associates have been manufacturing bisleri water for the last 40 years.  In the last five years they have ventured to manufacture water filters.  Each at the rate of 6500/- each year increasing the price between 10 and 12%.

 

  • A. Their sales record is as follows with the help of data calculate the trend for each of the five years and the forecast for 2013 and 2014.

Analyse their trend of sales of the water filters.                                 (10 marks)

 

Year 2008 2009 2010 2011 2012
Sales (000’s) 210 230 280 390 560

 

 

  1. The total sales for the year 2012 was 8000. Their fixed cost available indicated rs 400000/-, the variable cost being rs 2500. Price per unit was rs 5200 at the whole sale market.  Find the BEP.  Find profits or losses at 1200 unit sales.                                                                                               ( 10 marks)

              

 

 

St. Joseph’s College of Commerce M.I.B. 2013 I sem Accounting For Decision Making Question Paper PDF Download

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St. Joseph’s college of commerce (Autonomous)

End Semester Examination – OCTOBER 2013

MIB – I SEMester

Accounting for Decision Making

            Duration: 3 hours                                                                                        Max. Marks: 100               

SECTION-A

  1. Answer any SEVEN questions out of Ten:           (7×5=35)

 

  1. The income statements of a concern are given for the year ending on 31st December 2010 and 2011. Rearrange the figures in a comparative form the study the profitability position of the concern.       ‘000
  2010 (Rs.) 2011 (Rs.)
Net sales 785 900
Cost of goods sold 450 500
General and administrative expenses 70 72
Selling expenses 80 90
Interest paid 25 30
Income tax 70 80

 

  1. These are two similar factories under the same management. The management desires to merge these two plants. The following particulars are available:
  Factory I Factory II
Capacity operation 100% 60%
Sales 300 lakhs 120 Lakhs
Variable costs 220 Lakhs 90 Lakhs
Fixed costs 40 Lakhs 20 Lakhs

You are required to calculate:

  1. What would be the capacity of the merged plant to be operated for the purpose of Break-even?
  2. ii) What would be the profitability on working at 75% of the merged capacity?
  3. From the following forecasts of income and expenditure, prepare a cash budget for the months January and April, 2011: (Rs)
Months Sales (credit) Purchases (credit) wages Manufacturing expenses Administrative expenses Selling expenses
2007 November 30,000 15,000 3,000 1,150 1.060 500
December 35,000 20,000 3,200 1,225 1,040 550
2008 January 25,000 15,000 2,500 990 1,100 600
February 30,000 20,000 3,000 1,050 1,150 620
March 35,000 22,500 2,400 1,100 1,220 570
April 40,000 25,000 2,600 1,200 1,180 710

 

Additional information is as follows:

  • Customers are allowed a credit period of 2 months
  • A dividend of Rs. 10,000 is payable in April
  • Capital expenditure to be incurred: plant purchased on 15th of January for Rs. 5,000; a Building has been purchased on 1st March and the payments are to be made in monthly installments of Rs. 2,000 each
  • The creditors are allowing a credit of 2 months
  • Wages are paid on the 1st of the next month
  • Lag in payment of other expenses in one month
  • Balance of cash in hand on 1st January,2011 is Rs. 15,000
  1. The following information at 50% capacity is given, prepare a flexible budget and forecast the profit and loss at 60%, 70% and 90% capacity:
  Expenses at 50% capacity
Fixed expenses: salaries 50,000
Rent and taxes 40,000
Depreciation 60,000
Administrative expenses 70,000
Variable expenses  
Material 2,00,000
Labour 2,50,000
Others 40,000
Semi-variable expenses: Repairs 1,00,000
Indirect Labour 1,50,000
Others 90,000

It is estimated that fixed expenses will remain constant at all capacities. Semi-Variable expenses will not change between 45% and 60% capacity, will rise by 10% between 60% and 75% capacity, a further increase of 5% when capacity crosses 75%.

Estimated sales at various levels of capacity are:

Capacity.                    Sales (Rs.)

60%                             11, 00,000

70%                             13, 00,000

90%                             15, 00,000.

 

  1. Write a note on Activity based costing, life cycle costing and target costing.

 

  1. Write journal entries for the following:

(1) Proprietor withdrew for his personal use cash Rs.2000 and goods worth RS.1000.

(2)Rs.1000 due from Rohit is now written off as bad debts.

(3)Rahul who owed us Rs.20,000 becomes insolvent and a final dividend of 60 paise in a rupee is received from his estate.

(4)Goods worth Rs.10,000 were destroyed by a fire. Insurance company admitted a claim for 60% amount.

(5)Goods worth Rs.5000 were distributed as free samples.

 

  1. From the following list balances, extract from the books of Rakesh, prepare a trial balance as on 31/3/2005. The amount requires to balance should be entered as capital.
PARTICULARS

Purchases

Stock(1/4/2004)

Sales

Sundry expenses

Leasehold premises

Free hold premises

Return inward

Furniture &Fixtures

Equipment

Repairs to equipment

Depreciation

Bank

 AMNT(Rs)

18,20,000

3,50,000

40,00,000

15,000

5,00,000

18,00,000

25,000

2,90,000

8,00,000

5000

80,000

34,600

 PARTICULARS

Drawings

Sundry Debtors

Sundry Creditors

Bad debts

Investments (10%)

Interest-investments

Long term borrowings

Loan from UTI bank

Interest on loan

Petty cash A/C

Stock(31/3/2005)

 

 AMNT(Rs)

60,000

3,60,000

1,20,000

10,000

2,00,000

20,000

6,00,000

8,00,000

65,000

400

4,60,000

 

 

  1. M/s Raj and Co. purchased a machine for Rs.1,00,000. Estimated useful life and scrap value were 10 years and Rs.12000 respectively. The machine was put to use on 1/1/2006. Show the machinery A/C and depreciation A/C in their books for 2011 by using Sum of Years digits method.

 

  1. Under what headings will you show the following items in the balance sheet of a company

(A) Interest accrued and due on unsecured loans

(B)  Interest accrued and due on secured loans

(C) Interest accrued but not due on loan

(D) Mortgage Loan

(E) Government and trust securities

(F) Loose tools

(G) Live Stock

(H) General Reserve

(I) Capital Reserve

(J) Discount on issue of shares

 

  1. Write short notes on any two:

(a) Going Concern Concept

(b) Money Measurement Concept

(c) Periodicity Concept

 

SECTION-B

  1. II) Answer any three out of five questions: (3×15=45)

 

  1. The following are the summarized balance sheets of Good Luck Ltd., as on 31st December, 2010 and 31st December 2011.
Liabilities 31st Dece. 2010 31st Dec 2011 Assets 31st Dec. 2010 31st Dec. 2011
Equity share capital 2,00,000 2,40,000 Land and buildings 1,05,000 1,50,000
8% Debentures 50,000 – Plant and machinery ( at cost) 2,90,000 3,20,000
Share Premium   10,000 Furniture (at cost) 9,000 10,000
General reserve 30,000 50,000 Inventories 1,30,000 1,05,000
Profit and Loss account 48,000 68,000 Sundry debtors 75,000 85,000
Sundry Creditors 1,30,000 1,50,000 cash 15,000 26,000
Proposed Dividend 20,000 24,000      
Provision for depreciation          
Plant and machinery 1,40,000 1,50,000      
Furniture 6,000 4,000      
  6,24,000 6,96,000   6,24,000 6,96,000

 

Additional information is as follows:

  • Furniture which cost Rs. 5,000 written down value Rs. 1,000 was sold during the year 2011 for Rs. 2,000
  • Plant and machinery which cost Rs. 20,000 and in respect of which Rs. 13,000 had been written off as depreciation was sold during the year 2011 for Rs. 3,000
  • The dividend of 2010 was paid during 2011
  • You are required to prepare:

The statement of change in working capital during 2011

Funds flow statement for the year 2011.

  1. A company finds on 1st January, 2008 that it is short of funds with which to implement its programme of expansion. On 1st January, 2007 it had a bank balance of Rs. 1.80,000. From the following information, prepare a statement for Board of directors, to show how the overdraft of Rs. 68,750 as at 31st December, 2007, has arisen:

Figures as per balance sheet as at 31st December of each year are as follows:

  2006 (Rs.) 2007 (Rs.)
Fixed assets 7,50,000 11,20,000
Stock and stores 1,90,000 3,30,000
Debtors 3,80,000 3,35,000
Bank balance 1,80,000 68,750 (overdraft)
Trade creditors 2,70,000 3,50,000
Share capital (in shares of Rs. 10 each) 2,50,000 3,00,000
Bills receivable 87,500 95,000
  • The profit for the year ended 31st December, 2007 before charging depreciation and taxation amounted to Rs. 2, 40,000.
  • 5,000 shares were issued on 31st January, 2007 at a premium of Rs. 5 per share.
  • 1, 37,500 were paid in March, 2007 by way of income tax. Dividend was paid as follows.

2006 (final) on the capital on 31-12-2006 at 10% less tax at 25%.

2007(interim) 5% free of tax

 

  1. Given the following information for ABC Company at the end of 2011 determine balances for the income statement and the balance sheet:

Net sales Rs. 1, 00,000

Debtor’s turnover ratio based on net sales: 2

Inventory turnover ratio: 1.25

Fixed assets turnover ratio: 0.8

Debt-assets ratio: 0.6

Net profit margin: 5%

Gross profit margin: 25%

Return on assets: 2%

ABC Company

Income statement

(For the year ending Dec 31, 2011)

sales Rs. 1,00,000
Cost of goods sold ………………..
Gross profit ………………..
Other expenses ………………..
Earnings before tax ………………..
taxes@50% ………………..
Earnings after tax ………………..

Balance sheet

As on 31st Dec 2011

Liabilities Rs. Assets Rs.
Equity ……………….. Net fixed assets ………………..
Long term debt ……………….. Inventory ………………..
Short term debt 50,000 Debtors ………………..
    Cash ………………..
Total ……………….. Total ………………..

 

  1. On 1st August 2010 a firm purchased 2 vehicles at Rs.3,00,000 each to serve for 10 years, at the end of which scrap value shall be 25% of the cost price. Another vehicle was purchased on 1st October 2010 for Rs.4,00,000, charging depreciation at 10% on original cost. On 1st January 2012, a new vehicle was acquired for Rs.4,20,000 to serve for 5 years. On 1st July 2012 one vehicle which was purchased on 1st August 2010, was auctioned at 20% of book value. Prepare the Vehicle A/C from 1st August 2010 to 31/3/2013.

Books are closed on 31st March every year.

Also prepare depreciation A/C for the above period.

 

  1. Oil India is a bulk distributor of high octane petrol. A periodic inventory of petrol on

hand is taken when the books are closed at the end of each month. The following summary of information is available for the month of June 2008.

ITEMS:

Sales

General Administrative Cost

Opening Stock: 1,00,000 litres at Rs.3 per litre

Purchases (Including Freight) in:

June 1 – 2,00,000 litres

June 30 – 1,00,000 litres

Closing Stock on June 30th – 1,30,000 litres

 AMOUNT(Rs)

9,45,000

25,000

 

 

Rs.2.85/litre

Rs.3.03/litre

 

 

 

 

 

 

 

Compute the following data by FIFO, weighted average and LIFO method of inventory costing.

  • Value of inventory on June- 30th
  • Amount of the goods of goods sold for June
  • Profit or loss for June

SECTION – C

III) Compulsory case study.                                                                                           (20 marks)

  1. From the ratios given below, draw the profit and loss and the balance sheet of X Co. Ltd.,
    Trading and profit and loss account

 

For the year ending 31st December, 2010

To opening stock 4,80,000 By sales ……………
To purchases …………… By closing stock ……………
To purchases expenses 40,000    
To gross profit ……………    
  ……………   ……………
To office expenses 2,40,000 By gross profit ……………
To selling expenses 1,86,000 By commission ……………
To interest on debentures 30,000    
To provision for taxation ……………    
To net profit ……………    
  ……………   ……………
To proposed dividends …………… By balance b/f 60,000
To transfer to general reserves …………… By net profit this year ……………
To balance carried to balance sheet ……………    
  ……………   ……………

Balance sheet

As at 31st December 2010

Authorized share capital:

5,000 equity shares of Rs. 100 each

 5,00,000 Fixed Assets  
Issued, subscribed and paid up capital:

4,000 equity shares of issued, subscribed and Rs. 100 each fully paid.

 4,00,000 Goodwill 72,000
Reserves and surplus   Land 3,00,000
Previous reserves …………… Plant and machinery 2,00,000
Additions during the year …………… Current assets  
Balance of P/L A/c …………… Stock in trade ……………
Secured loans:   Sundry debtors ……………
15% debentures of Rs. 100 each …………… Bank balance 40,000
Current Liabilities ……………    
  ……………   ……………
  • dividends proposed are 30% of share capital
  • current ratio 2:1
  • sundry debtors represents 2 months sales
  • stock turnover ratio 6 2/3 %
  • gross profit ratio 33 1/3 %
  • provisions for taxation is at 50% of profits
  • profit carried forward were 10% of the transfer to general reserve
  • transfer to general reserve was equivalent to proposed dividends
  • Secured loans were half of current liabilities.
  • Balance to the credit of general reserve at the beginning of the year was twice the amount transferred to that account from current profits. Workings should form part of your answer.

 

 

St. Joseph’s College of Commerce M.Com. 2013 IV Sem Business Policy And Strategic Management Question Paper PDF Download

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ST.JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS0

END SEMESTER EXAMINATION – MARCH/ APRIL 2013

M.Com. – IV Semester

Business Policy and Strategic Management

Duration: 3 Hrs                                                                                            Max. Marks: 100 

Section – A

  1. Answer Seven questions out of Ten.                      ( 7 x 5 = 35)

 

  1. Differentiate between “intended and realized strategies”? Substantiate with examples.

 

  1. What is meant by empowerment of the board? Mention three aspects for empowering the

board.

 

  1. State five major categories of financial ratios of a company. Briefly explain each of them.

 

  1. Discuss situations when it is best to pursue stability strategy.

 

  1. Is there any ideal or best organization structure? Discuss.

 

  1. Explain SBU structure with a diagram.

 

  1. Enunciate the Directional Policy Matrix pioneered by Shell company.

 

  1. Define strategic allegiance. Discuss the objectives behind strategic allegiance.

 

  1. Comment on the major areas which govern HRM policies and functions?

 

  1. What are the major characteristics of an effective strategy evaluation system?

 

Section – B

  1. Answer any Three questions out of five.           ( 3 x 15 = 45 )

 

  1. What is the difference between corporate mission and corporate objectives? Write on important guidelines for objective setting? Give one example each of good objective setting and bad objective setting.
  2. Distinguish between core competence, distinctive competence, strategic competence and threshold competence. Use Examples.
  3. What is the general strategy of industry leaders? Differentiate and explain five attack or offensive strategies of challengers?
  4. Analyze marketing policies and plans with respect to strategy implementation in terms of 4-Ps and marketing mix application.
  5. Who are participants in strategic evaluation system? Explain the strategic controls in the implementation process?

Section – C

  • Compulsory Case study                                                                                  (1 x 20 = 20)

 

The Evolution of Strategy at Procter and Gamble.

Founded in 1837, Cincinatti-based Procter and Gamble has long been one of the world’s most international companies. Today, P&G is a global colossus in the consumer products business, with annual sales in excess of $ 68 billion, some 56% of which are generated outside the United States. P&G sells more than 300 brands – including Ivory soap, Tide Pampers, IAMS pet food, Crisco, Gillette and Folgers- to consumers in 180 countries. It has production operations in 80 countries and employs close to 138, 000 people globally.

P&G established its first foreign factory in 1915 when it opened a plant in Canada to produce Ivory soap and Crisco. This was followed in 1930 by the establishment of the company’s first foreign subsidiary in Britain. The pace of international expansion quickened in the 1950s and 1960s as P&G expanded rapidly in western Europe, and then again in the 1970s when the company entered Japan and other Asian nations. Sometimes P&G entered a nation by acquiring an established competitor and its brands, as occurred in the case of Great Britain and Japan, but more typically the company set up operations from the ground floor.

By the late 1970s, the strategy at P&G was well established. The company developed new products in Cincinnati and then relied on semi autonomous foreign subsidiaries, to manufacture, market, and distribute those products in different nations. In many cases, foreign subsidiaries had their own production facilities and tailored the packaging, brand name and marketing message to local tastes and preferences. For years, this strategy delivered a steady stream of new products and reliable growth in sales and profits. By the 1990s, however, profit growth at P&G was slowing.

 

The essence of the problem was simple; P&G’s costs were too high because of extensive duplication of manufacturing, marketing and administrative facilities in different national subsidiaries. The duplication of assets made sense in the world of the 1960s, when national markets were segmented from each other by barriers to cross-border trade. Products produced in Great Britain, for example, could not be sold economically in Germany due to high tariff duties levied on imports into Germany. By the 1980s, however, barriers to cross-border trade were falling rapidly worldwide and fragmented national markets were merging into larger regional or global markets.  Also the retailers through which P&G distributed its products, such as Wal-Mart, Tesco in the United Kingdom and Carrefour in France, were growing larger and more global. These emerging global retailers were demanding price discounts from P&G.

In 1993, P&G embarked on a major reorganization in an attempt to control its cost structure and recognize the new reality of emerging global markets. The company shut down some thirty manufacturing plants around the globe, laid off 13,000 employees and concentrated production in fewer plants that could better realize economies of scale and serve regional markets. These actions cut some $600 million a year out of P&G’s cost structure. It wasn’t enough! Profit growth remained sluggish.

In 1998, P&G launched its second reorganization of the decade. Named Organization 2005, its goal was to transform P&G into a truly global company. The company tore up its old organization, which was based on countries and regions, and replaced it with one based on seven self-contained global business units, ranging from baby care to food products. Each business unit was given complete responsibility for generating profits from its products, and for manufacturing, marketing and product development. Each  business unit was told to rationalize production, concentrating it in fewer, larger facilities; to build global brands wherever possible, thereby  eliminating marketing differences among countries; and to accelerate the development and launch of new products. In 1999, P&G announced that, as a result of this initiative, it would close another ten factories and lay off 15, 000 employees, mostly in Europe where there was still extensive duplication of assets. The annual cost savings were estimated to be about $ 800 million. P&G planned to use the savings to cut prices and increase marketing spending in an effort to gain market share and thus further lower costs through the attainment of scale economies. This time the strategy seemed to be working. Between 2003 and 2006, P&G reported strong growth in both sales and profits. Significantly, P&G’s global competitors, such as Unilever, Kimberly Clark and Colgate Palmolive, were struggling in 2003 to 2006.

 

Questions:

 

  1. What strategy was Procter and Gamble pursuing until the late 1990s?

 

  1. Why did this strategy succeed for so many years? Why was it no longer working by the 1990s?

 

  1. What strategy did P&G adopt in the late 1990s and early 2000s? Does this strategy make

more sense? Why?

 

 

 

St. Joseph’s College of Commerce M.Com. 2013 II Sem Enterprise Resource Management Question Paper PDF Download

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ST.JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS0

END SEMESTER EXAMINATION – MARCH/ APRIL 2013

M.Com. – IV Semester

ENTERPRISE RESOURCE Management

Duration: 3 Hrs                                                                                                         Max. Marks: 100 

Section – A

  1. Answer any SEVEN Each carries five marks.        (7 x 5 = 35)
  2. Explain the ERP Benefits
  3. Give explanation the concept “SITE Methodology” in implementation of ERP?
  4. What are the steps involved in the ERP implementation life cycle?
  5. What are the Selection criteria for ERP Packages?
  6. Explain the sub-system of sales and distribution module

(i) Order Management          (ii) Customer Management

  1. What are the subsystems in a Human Resource Management Module?
  2. Differentiate ERP and E-Commerce.
  3. Discuss how ERP helps in better decision-making?
  4. Define Supply Chain Management. Explain advantages of S.C.M.?
  5. Explain essential element of Business Process Re-engineering?

 

Section – B

 

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

 

  1. Explain with examples the conceptual model of ERP and its evolution.
  2. What is Business Process Re-engineering? Why it is required? Who needs it

and steps involved in Business Process Re-engineering.

  1. Write short notes on (1) Vendors (2) Consultants (3) End Users.

 

P.T.O……

  1. What are the components of Supply Chain Management (SCM)? and also

discuss the SCM’s various tasks.

  1. What are the factors that are essential for the successful

implementations of ERP?

 

Section – C

  • Compulsory Case study (1 x 20 = 20)

16.

Examine and make Comment evidently on the following:

 

(a) “A company’s strategic plan, its attitude towards the use and integration of

Information and technology and its financial position are the key factors in determining the information related direction it takes”.

 

(b) What impact would “Research and Development” and “Information Explosion “have on the need for by management in a manufacturing company?

 

 

 

St. Joseph’s College of Commerce M.Com. 2013 II Sem Strategic Human Resource Management Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester EXAMINATIONS – APRIL 2013

m.com – ii semester

Strategic Human Resource Management

Duration: 3 Hrs                                                                                                Max. Marks: 100

SECTION – A

  1. Answer any seven of the following.                           (7×5=35)
  2. Answer True or False in the following;

(a). Organizations are not static things and changes constantly takes place in the environment in which business operates.

(b). SHRM is concerned with analysing the opportunities and threats existing in the external environment.

(c).  A large firm active in a number of industries may adopt a combination strategy.

(d).  One of the main objectives of providing Fringe Benefits and Service Programmes  is  to recruit and retain the best talents.

(e). “Minimum Wage” and “Living Wage” do not differ in their meaning.

  1. Define the term Strategy. Give the features of Strategy.
  2. Give the reasons for Industrial disputes.
  3. Give the meaning of the terms  (a) E-HRM,   (b). Compensation.
  4. “Safety measures implemented in the organizations will succeed only when employees at all levels are educated in safety methods and procedures adopted in the organizations”. Highlight the Activities involved in “safety education and training” programmes.
  5. Explain the (a)Time-Rate and     (b)Piece rate system of wage payment
  6. Explain some of the causes of Fatigue.
  7. What do you mean by HR Management? State its objectives.
  8. Explain the meaning of Work Environment. Explain the factors which influences work environment.
  9. Explain Requisites for an effective PerformanceAppraisal .

SECTION – B

  1. Answer any three of the following:                    (3×15=45)
  2. What is E-Recruitment? Give its advantages. Also explain the Centralized and Decentralized form of Recruitment.
  3. “HR managers have adopted a proactive approach in this current trend of revolutionary changes in the business.” Explain the major challenges before HR manager. Also explain the ethical issues involved in HRM.
  4. Explain the meaning of Strategic Human Resource Management. Explain its merits and demerits.
  5. Give the benefits of training. What do you mean by Training need analysis/assessment. Explain the three levels at which need assessment is carried out.
  6. What do you mean by Industrial Accidents? Explain the causes of industrial accidents and the ways of avoiding Industrial accidents.

SECTION – C

  • CASE STUDY – Compulsory question. (1×20=20)

Mr.Naik, AGM Materials is fuming and fretting. He bumped into Mr.Kamath, GM Materials, threw the resignation letter on his table, shouted  and walked out of the room swiftly.

Naik has reasons for his sudden outbursts. Perhaps, details of the story will tell why he put in his papers, barely four months after he took up his present assignment.

The year was 2005 when Naik quit the prestigious SAIL plant at Vishakhapatnam. As a manager materials, Naik enjoyed powers- he could even place an order for materials worth Rs. 25 lakhs. He needed nobody’s prior approval.

Naik joined a pulp-making plant located at Harihar in Karnataka, as AGM Materials. The plant is a part of the multi-product and multiplant-conglomerate owned by a prestigious business house in India. Obviously, perks, designation and reputation of the conglomerate lured Naik away from the public sector steel monolith.

When he joined the eucalyptus pulp making company, little did Naik realised that he needed  the prior approval to place an order for materials worth Rs. 12 lakhs. He had presumed that he had the authority to place an order by himself worth half the amount of what he used to do at the mega steel maker. He placed the order, materials arrived, were received, accepted and used up in the plant.

Trouble started when the bill for Rs. 12 lakhs came from the vendor. The accounts department withheld payment for the reason that the bill was not endorsed by Kamath. Kamath refused to sign on the bill as his approval was not taken by Naik before placing the order.

Naik felt fumigated and cheated. A brief encounter with Kamath only aggravated the problem. Naik was curtly told that he should have known company rules before venturing .Naik decided to quit.

Q.16.  Does the company have an Orientation programme ?if yes, how effective is it.?

  1. 17. If you were Naik what would have you done?

 

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St. Joseph’s College of Commerce M.Com. 2013 II Sem Security Analysis & Portfolio Management Question Paper PDF Download

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  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

End Semester Examinations –  April 2013

m.com – ii semester

sECURITY ANALYSIS & PORTFOLIO MANAGEMENT

Duration: 3 Hrs                                                                                                Max. Marks: 100

Section – A

  1. Answer any SEVEN questions.             (           7 x 5 = 35)

 

Question 1

 

Y ltd. retains Rs.7, 50,000 out of its current earnings. The expected rate of return to the shareholders if they had invested the funds elsewhere is 10%. The brokerage is 5% and the shareholders come in 20% tax bracket. CDT payable by company on dividend distributions made by it is 30%. Find the cost of retained earnings.

Question 2

 

  1. Explain CAPM equation used for computing Re ?
  2. Explain the graphical representation of CAPM i.e; SML

 

Question 3

 

How do you compute cost of debt in case of redeemable debentures? Explain with the help of an example?

 

Question 4

 

Explain the role of credit rating agencies? What procedure is followed by them in evaluating the prospective client?

 

Question 5

 

Give a brief note on support and resistance levels?

 

Question 6

 

Explain the long straddle strategy in respect of stock of Infy having an Exercise price of 1110. The call option on the same is selling for Rs. 45 and put option for Rs. 125. Also show the payoff taking 5 different hypothetical stock price on maturity?

 

Question 7

 

Distinguish between Mutual funds and Hedge Funds?

 

Question 8

 

  1. When will you go long on a Call option?
  2. When will you go short on a put option?

 

 

Question 9

 

Explain the difference between open ended and close ended funds?

 

Question 10

 

Distinguish between equity shares and preference shares?

 

Section – B

  1. Answer any THREE questions.                                      (3 x 15 = 45 )

 

Question 11

 

X Ltd proposes to replace an old machine by a new machine. The old machine has a book value of INR 40 lacs and can be immediately sold for INR 70 lacs. If not sold today, it will have negligible salvage value at the end of 5 years from now. The new machine cost INR 200 lacs and has a life of 5 year at the end of which it is expected to have a salvage value of INR 80 lacs. This replacement is expected to result in cost savings to the extent of INR 42 lacs per year for 5 years. Depreciation @ 20% WDV, Tax rate = 30% applicable to Capital Gains also. Kc = 13%. Appraise the replacement project?

 

Question 12

Based on the following information, determine the NAV of a regular income scheme on per unit basis:

 

Particulars Amount

(INR in crores)
Listed shares at cost (ex-dividend) 20
Cash in hand 1.23
Bonds and debentures at cost 4.3
Of these, bonds not listed and quoted 1
Other fixed interest securities at cost (assuming to be at par) 4.5
Dividend accrued 0.8
Amount payable on shares 6.32
Expenditure accrued 0.75
Number of units (INR 10 face value) 20 lacs
Current realizable value of fixed income securities of face value of INR 100 106.5
The listed shares were purchased when index was 1,000
Present Index is 2,300
Value of listed bonds and debentures at NAV date 8

 

There has been a diminution of 20% in unlisted bonds and debentures.

 

Question 13

  1. If we have a 12% INR 1,000 face value 10 year bond presently trading at a discount of 3% redeemable at a premium of 5% and paying a coupon semi-annually. Calculate the YTM of the bond.

 

  1. b) Consider annual coupon and compute post-tax YTM given tax rate 30% and C.G. tax rate 10%. When will realised yield same as YTM?

 

     Question 14

Current share price of Reliance is INR 480. It has paid a dividend of INR 15 for the current year. This DPS is expected to remain same for the next 2 years. After which it will grow at the rate of 25% p.a. for the years 3 to 5 and finally grow at a constant rate of 12% pa forever thereafter. If Re is 14% what should be the share price.

 

Question 15

 

On Jan 1, the stock of TISCO trades at 600. 1 monthfuture on the stock trades at 590. Risk free interest rate is 10% p.a and annualized dividend yield on the stock is 6%. Lot size is 600 Shares.

  1. Find out the theoretical future price.
  2. Check out for the arbitrage opportunity and show the process of arbitrage if price on maturity happens to be

Case 1 Rs. 500     Case 2 Rs. 700

Section – C

  • Compulsory Case study                                        (1 x 20 = 20 )       
  1. The historical rate of returns of two securities over the past 10 years are given. Calculate the covariance and the correlation coefficient of the two securities:

 

Years : 1 2 3 4 5 6 7 8 9 10
Security 1

(Return %)

 : 12 8 7 14 16 15 18 20 16 22
Security 2

(Return %)

 : 20 22 24 18 15 20 24 25 22 20

 

Further explain the significance of positive, zero and negative correlation between two securities?

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