St. Joseph’s College of Commerce

St. Joseph’s College of Commerce M.Com 2016 II Sem Cost Management Question Paper PDF Download

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st. joseph’s college of commerce (autonomous)
end semester examination – march/april 2016
m.com. – ii semester
P115MC 201:COST MANAGEMENT
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions. Each carries 5 marks.    (7×5=35)
  1. Homee& Co manufactures three durables A,B and C using the same raw material and is selling them in a competitive market. Data regarding its demand, selling price, and cost structure are given below:

Particulars A B C
Expected demand in units 10,000 12,000 20,000
Selling price per unit in Rs. 20 16 10
Variable cost per unit in Rs.      
Direct material  at Rs. 10/kg 6 4 2
Direct Labour at Rs. 15/hr 3 3 1.50
Variable Overheads 2 1 1
Fixed overhead per unit in Rs. 5 4 2

The company is frequently affected by acute scarcity of raw material and high labour turnover. During the next period it is expected to have one of the following situations:

a)      Raw material available will be only 12,100 kg.

b)     Direct labour hours available will be only 5000 hours

Suggest the best production plan in each case and the resultant profit that the company would earn.
  2. Following information is given to you:

Budgeted output 80,000 units. Fixed expenses Rs.4,00,000; Variable expenses per unit is Rs.10. Selling price per unit is Rs.20. Draw a break even chart and ascertain the breakeven point. If the selling price is reduced to Rs.18 per unit find the new break even point from the chart.
  3. A firm needs a component in its assembly line. If it decides to manufacture it inhouse it has to buy a machine for Rs.4 lakhs which will last for four years with no salvage value. Manufacturing costs in each of the four years will be Rs.8 lakhs, Rs.9 lakhs,Rs.10 lakhs and Rs.12 lakhs respectively. If the firm had to buy the components from a supplier the cost would be Rs.9 lakhs, Rs.10 lakhs, Rs.11 lakhs and Rs.14 lakhs respectively in each of the four years. The cost of capital is 10% and the present value factor for each of the four years is 0.909, 0.826, 0.751 and 0.683 respectively. Should the firm make the component or buy from outside?

 

 
  4. X & Co has budgeted to make 40,000 units of its product A whose variable cost per unit is Rs.6 and budgeted fixed cost is Rs.80,000. The financial director suggested to fix the selling price at a profit margin of 25% on full cost. But the marketing manager challenged the wisdom of this suggestion, and gave the following demand schedule:

Price per unit in Rs. Demand in units
9 32,000
10 29,000
11 26,500
12 24,000
13 20,000

a)      Find the profit for the year if the price is fixed at fullcost plus 25% margin.

b)     Find the profit for the year if profit maximizing pricing is used.
  5. X Ltd. is considering purchase of a new machine for Rs.7 lakh. It is expected that this machine will generate a cash surplus of Rs.2 lakh p.a. However it is apprehensive of its working life. It took a survey of 250 machines and found that the working of these machines vary as under:

Working life in Years 3 4 5 6 7 Total
NPV @10% of investment for each machine (2,02,000) (66,000) 58,000 1,72,000 2,74,000  
No. of machines 20 50 100 70 10 250

Should the company purchase the new machine?
  6. X Ltd. has prepared the following sales budget for the six months ending 31st Dec 2016:

Months July Aug Sept Oct Nov Dec
Sales in units 10,800 15,600 12,200 10,400 9,800 11,000

Stock of finished goods at the end of every month is to be equal to 25% of estimated sales of next month. On 1st July 2016,  2,700 units of stock are expected. There shall be no work in progress at the end of any month. Every unit of the product requires 4 kg of material A. Material equal to 50% of the requirement of the next month’s production are to be in hand at the end of every month. This requirement will be met on 1st July 2016 also.

Prepare (a) Production budget in Units and (b) Material purchase budget in kg. for the 3 months July 2016 – Sept 2016
  7. X Ltd. has two divisions – A and B. Following data is given:

Particulars Division A Division B
Investment in Rs 5 lakh 10 lakh
Sales in Rs 10 lakh 20 lakh
Variable costs 30% of sales 40% of sales
Direct controllable fixed cost in Rs 1.50 lakh 3 lakh
Direct uncontrollable fixed cost  in Rs 0.50 lakh 1 lakh
Indirect uncontrollable fixed cost  in Rs 3 lakh 5.5 lakh

 

Which is the most profitable division using

a)      Division’s contribution margin criterion

b)     Return on investment (ROI) criterion

c)      Residual income criterion (company’s minimum rate of return is 15%)

d)     List few non financial performance measures that can be used to evaluate the divisional managers.
  8. Define zero base budgeting. Distinguish it from traditional budgeting.
  9. Balanced score card is strategy driven. Comment.
  10. Define responsibility accounting. What are its benefits?
SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                             (3×15=45)
  11. X Ltd. produces a component in two separate steps which are departmentalized. One is fabrication and the other is plating and each department is treated as a profit center.

The fabricating department manufactures 24,000 components during the year, out of which it sells 4,000 units in the open market at Rs.5 per unit and transfers the balance at the same rate of Rs.5 per unit to plating department. The material and conversion cost in fabricating department is Rs.3.50 per unit and its fixed cost is Rs.20,000.

The plating department further works on the material received from fabricating department and sells all the 20,000 units in the open market at Rs.17 per unit. Material and conversion cost per unit for plating department is Rs.15.75 per unit and its fixed cost is Rs.15,000.

a)      Calculate the profit for each department and the total profit of the company.

b)     The plating department could buy its material from open market at Rs.4 per unit and hence insists that fabricating department should supply the material at Rs.4 per unit. Should fabricating department agree to the proposal?

c)      If fabricating department agrees to supply to plating department at Rs.4 per unit but decides to break even, how many units should it sell in the open market at Rs.5 per unit and how many can it sell to plating department? Maximum capacity for fabricating department is 24,000 units only.
  12. X Ltd. decides to analyse the profitability of its 4 new customers. It buys plastic containers at Rs.90 per unit and sells to retailers at different discount rates. List price is Rs.120 per unit. Following further data is given:

 

 

Particulars Customers
A B C D
Containers sold 9,620 1,46,200 73,200 5,500
Actual selling price in Rs. 96 102 108 120
Number of purchase orders 25 30 20 15
Number of customer visits 3 5 2 3
Number of deliveries 25 50 30 15
Kilometers travelled per delivery 25 5 10 20
Number of rush delivery 2 NIL NIL 1

Its five activities and its cost drivers are:

Activity Cost driver Rate
Order taking Rs.700 per purchase order
Customer visits Rs.500 per customer visit
Deliveries Rs.5 per delivery per km travelled
Product handling Rs.2 per container sold
Rush delivery Rs.1,300 per rush delivery

Compute the customer level operating income for the four customers and comment on the results.
  13. Prepare a flexible budget and estimate the profits at 60%, 80%, and 100% capacities from the following information:

a)      Fixed expenses Rs.1,49,500

b)     Semi variable expenses at 50% capacity Rs.89,500

c)      Variable expenses at 50% capacity Rs.2,67,000

Semi Variable expenses remained constant between 40% and 70% capacity, increase by 10% between 70% and 80% capacity and by 15% between 85% and 100% capacity. Sales at 60% capacity are Rs.5,10,000; at 80% capacity are Rs.6,80,000 and at 100% capacity are Rs.8,50,000. Assume all products produced are sold.
  14. X & Co. is manufacturing a special component used in the manufacture of turning machine. The firm is currently working at 80% capacity and gives the following cost data at this operating level of 80%.

Particulars Amount

 (Rs.in lakhs)
Sales 1,200
Direct materials 560
Direct Labour 240
Factory overheads (80% fixed) 180
Selling & administration overhead (40% fixed) 100

The firm has received an export order which requires utilization of 40% of plant capacity. The order cannot be split and has to be executed in one lot. The export price offered is 10%less than the current domestic price. Further 10% additional variable selling and administration cost is to be incurred due to special export packing requirement. The firm is considering the following options:

a)      Reject the export order and carry on with the domestic sales.

b)     Accept the export order and allow the domestic sales to fall to the extent required.

c)      Create additional plant capacity by installing new machinery which will result in increased fixed cost of Rs.20 lakh p.a.

Evaluate each of these options and suggest the best course of action.
  15. The budget estimates of a company using sophisticated high speed machines based on a normal working of 50,000 machine hours during 2016 are as follows:

Particulars Amount

(Rs. in Lakhs)
Sales (1,00,000 units) 100
Raw materials 20
Variable expenses 35
Contribution 45
Contribution/hour 45 lakh/50,000

= Rs.90
Fixed expenses 25
Profit 20

Since the demand for the company’s product is high, the possibilities of increasing the production are explored by the budget committee. The technical director stated that if preventive maintenance is introduced, the breakdown repair costs and hours lost due to breakdown can be reduced and consequently production can be increased. In support of this he presented the following data, showing how pumping of more and more funds on preventive maintenance will bring down the break down repair costs and reduce/eliminate machine stoppage due to breakdown:

 

Level

 Proposed expense on

preventive maintenance

 (in Rs)

 Estimated

breakdown expense

(in Rs)

 Machine

 hours saved
1 19,200 1,92,000 NIL
2 38,400 1,53,600 800
3 76,800 1,15,200 1,600
4 1,53,600 76,800 2,400
5 3,07,200 57,600 3,200
6   6,14,400 NIL 4,000

Using differential cost and contribution concept, advice the management on, up to what level breakdown hours can be reduced to increase production and maximize profits of the company consistent with minimum costs.
 

SECTION – C
III) CaseStudy (Compulsory)                                                                                  (1×20=20)
  16. Zed & co manufactures two products P & Q and sells them at Rs.215 per unit and Rs.320 per unit respectively. Their variable costs per unit are given below:

Particulars Product P

(Rs)

 Prodduct Q

(Rs)
Raw material X 22 28
Raw material Y 8 32
Direct wages (Rs.6 per labour hour)

 

    
  Department A 36 54
      Department B 18 36
      Department C 54 NIL
      Department D Nil 72
Variable overheads 23 14.30

It operates at single shift a day of 8 hours for 300 days in a year. The number of workmen engaged are 3,01,618 and 24 in departments A,B,C and D respectively. Neither the workers are subject to transfer from one department to another or any new recruitment is possible at present. Fixed costs are Rs.12,000 per month.

a)      Find the product mix to yield maximum profit.

b)     The most profitable product if only one product is to be manufactured.

 

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St. Joseph’s College of Commerce M.Com 2016 II Sem Business Ethics And Corporate Governance Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)
End Semester Examinations – March / April 2016
m.com– ii semester
PI15 MC 202: BUSINESS ETHICS AND CORPORATE GOVERNANCE
Duration: 3 Hours                                                                                     Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions.  Each carries 5 marks.                          (7×5=35)
  1. What is business ethics? Is business ethics the same as “Religion, Law, Cultural traits, Feelings, a branch of Science, a collection of values?” Discuss.
  2. Under what circumstances is a person considered ‘not morally responsible’ for an injury or wrong?
  3. Discuss briefly the ‘Code of Conduct and Ethics’ for Managers of business entities and the significance of maintaining ethical code.
  4. Comment on the general ethical issues encountered by marketing managers with suitable examples.
  5. Is irrational persuasion an acceptable practice under marketing?
  6. Compare and contrast the three main kinds of arguments(utilitarian, rights and justice) against racial and gender job description.
  7. Explain the different types of bank frauds.
  8. What is meant by insider trading?  What are the ethical issues involved in insider trading?
  9. What are the steps taken by  SEBI  for strengthening corporate governance in India ?
  10. Describe the role of CSR, as a Business strategy for Sustainable Development for corporations.
 

SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                      (3×15=45)
  11. Kohlberg’s views on moral development argue that, the more morally matured a person becomes, the more likely it is that the person will obey the moral norms of his or her society. Discuss the statement.
  12. Critically evaluate producer’s duties to the consumer. In your judgment, which theory is more adequate?
  13. Elucidate the ethical issues companies make in relation with human resource management.
  14. Discuss the structure and functioning of Banking Ombudsman Scheme 2006.  What are the benefits of the Banking Ombudsman Scheme?
  15. Explain the characteristics of business enterprises obligation to the expectations and interest of the society. Elucidate the responsibilities associated with the Corporate Governance towards various groups in the society.

 
SECTION – C
III) Case Study                                                                                                     (1×20=20)
  16. Conflict Diamonds

During the late 1990s, South African diamond producer De Beers and other companies in the diamond industry discovered that some of the diamonds they were buying or selling came from groups who used the proceeds to finance brutal civil wars. In Sierra Leone, rebels took control of diamond mines by systematically chopping off the arms and hands of as many as 20,000 children, women and men until the diamond operations were turned over to them. Similar events took place at diamond mines in Angola and the Democratic Republic of the Congo. About 4 million civilians have  died in the civil wars financed by the diamonds. Anxious to avoid a consumer boycott of “conflict diamonds,” De Beers and other Diamond companies in 2000 formed the World Diamond Council, a group made up of buyers and sellers of diamonds that pledged to use the “Kimberley Process” to track the diamonds from the mine to the jewelry shop to ensure that diamonds   they sold customers were “conflict-free.” However, in 2004, Global Witness, a watchdog group, published “Broken Vows,”  a report of a survey it conducted which concluded that “83 percent of [diamond] companies surveyed are falling short on implementing the basic measures” of the 2000 agreement to keep conflict diamonds from getting mixed in with non-conflict diamonds.

 

Questions:

 

a. Is it morally wrong for retail stores to knowingly buy diamonds if it is not possible for them to determine whether they are conflict diamonds or not?

b. Is it morally wrong for customers to do the same?

c. Explain your answers in terms of utilitarianism, rights and justice.

 

 

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St. Joseph’s College of Commerce Tourism Operation And Infrastructure Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous) 

End Semester Examination – March /April 2016

B.Com (T.T.) – IV Semester
C2 12 402: TOURISM OPERATION AND INFRASTRUCTURE
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Define Travel Agents.
  2. How many types of Passports are there?
  3. Expand IATA, TIM, UFTAA, FHRAI.
  4. List various essentials services of Tourism Infrastructure.
  5. State the different types of transportation with examples.
  6. Explain tourism policy & tourism planning.
  7. Mention any four types of supplementary accommodations.
  8. Who are the principle suppliers for travel agency?
  9. Write a note on Permit Charges.
  10. Give the meaning of Motel & Resorts.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Describe various sources of income for Travel agencies.
  12. List the important documents needed for International travel.
  13. Discuss the components of a tour package.
  14. State the aims and objectives of TAAI.
  15. Write a note on IATO and its importance.
  16. Explain different types of journeys with examples.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17. Discuss different types and various functions of Travel agencies.
  18. Describe VISA, its types, documents and procedure of availing it.
  19. Indian Railways play active role in promoting Indian tourism.  Comment.
  20. Explain Evolution of Accommodation and Transportation.
  21. How various levels of Tourism policy and planning promote growth of Infrastructure facilities in tourism?
SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. Agent had 33passengers on a conducted GIT to Far East Countries covering 04 different countries for 12nights/13days tour. One Passenger’s relative died in his home town and he insisted to leave the tour to join for funeral. Another Passenger lost his passport on a tour but insists to continue the tour without documents. This was a jinxed tour on 10th day one passenger lost his hand bag consisting of medicines and foreign exchange.

Discuss various means and methods to be followed by Tour Escort to ensure successful operation of this tour by handling all the three customers’ requirement and simultaneously ensuring that other members have a pleasant tour.

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St. Joseph’s College of Commerce General English & Business Communication Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – March /April 2016

B.COM (T.T.) – IV Semester

 C2 14 $GE: GENERAL ENGLISH & BUSINESS COMMUNICATION

Duration: 3 Hours                                                                                     Max. Marks: 100

Section -A

  1. Write notes in about TWO paragraphs on the following. (4×5=20)
  2. Difference of opinion between Yank and Paddy (Scene1).
  3. Kakkar’s views on Moral idealism.
  4. Hunger used as a weapon in Kafan.
  5. The poet’s state of uncertainty in – How choose between this Africa and the English tongue I love?

 

  1. Answer ALL the following questions in about 250 words.  (5×10 =50)
  2. Compare Yank’s search for identity in the play Hairy Ape with Kamala Das’s search for belongingness in An Introduction. Bring out the role of the society in the two settings that evokes their pain and anguish.
  3. Describe the firemen and their living in the transatlantic liner. Do you find any similarity in their portrayal and the laborers in our contemporary society? Give examples from the text as well as from your readings and experiences to write the answer.
  4. 7. What idea is conveyed by the title of the poem Journey to the Interior? Describe any two allusions or images used by the poet to describe this journey.
  5. “Violence that begins with a clear purpose acquires a life of its own………It begins to exercise a dangerous fascination and a terrible beauty from which too we cannot avert our eyes.” In what ways violence can acquire the glimpses of dangerous fascination and terrible beauty. Use contemporary incidents and issues to describe the above idea. What will be your response to curb violence and spread peace in society?
  6. In the short story Kafan what can be the reasons for Gheesu and Madhav to be insensitive and apathetic towards Budhiya. Do you think it was a righteous act on their part to spend the money on food rather than on buying a shroud?

Business Communication

  1. Assume that you are Prateek Raj, a student who is pursuing his B.Com degree from an institution in Bangalore. Write a letter to Ashok Ranjan, the Marketing Manager of Petronet LNG Limited, seeking information about the company’s marketing activities and for exploring internship opportunities with the Company.               (10 Marks)
  2. Suppose you want to take a car loan from State Bank of India. Write a letter to the Chief Manager, SBI Branch of your locality requesting him/her to send all the information related to SBI car loans.                  (10 Marks)
  3. The following statements taken from business letters are wordy, indirect, imprecise, vague or discourteous. Rewrite them so as to make it more effective.

                                                                                                                                  (5×2=10)

  1. a) I am forced to write against the indifference of your bank to customer complaints. I would like to point out an error in my January bank statement that was supposed to be corrected but was not despite several reminders to your office.
  2. b) We sincerely hope you will be good enough to permit us to inform you that we are not in a position to execute your order because we have yet not received your cheque as promised by you in our last meeting.
  3. c) I am sorry to tell you that I have had nothing but trouble with both my new Maruti Alto and your firm since I bought my new car from your firm in February 2015.
  4. d) It is with great pleasure that we acknowledge with thanks the receipt of your letter, which you sent on 20/6 /2016 and we received on 15/6/ 2016.
  5. e) We would like to make it very clear to you that our company has already done all it could to repair your PC and that we shall not be able to entertain any further communication in this regard from you, or from anyone on your behalf.

 

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St. Joseph’s College of Commerce Financial Markets And Services Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous) 
End Semester Examination – March /April 2016
B.COM (T.T) –IV SEMESTER
C2 12 404: FINANCIAL MARKETS AND SERVICES
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. What is capital market?
  2. Explain CRISIL.
  3. Explain DFHI.
  4. What do you mean by public issue?
  5. Who is a jobber?
  6. Define Depositary participants.
  7. What is market making?
  8. Mention any four stages of venture financing in India.
  9. Distinguish between ‘with recourse factoring’ and without recourse factoring’.
  10. What is Vendor lease?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Explain in detail the stock lending mechanism.
  12. Briefly explain the different types of factoring and their significances.
  13. What are the functions of Credit rating?
  14. List down the contents of lease agreement.
  15. Project the present scenario of financial services.
  16. Explain the guidelines for venture capital in India.
 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. What are the major challenges facing the financial service sector in India.
  18. Draw and explain the structure of Indian Financial system of India.
  19. Discuss briefly some of the innovative financial instruments introduced in recent times in the financial service sector.
  20. What are the principles steps involved in private placement. Explain in detail.
  21. Explain the structure of Indian Money market.
 

SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                           
  22. Global Crisis and Its Impact on Indian Financial service sector

The crisis which originated in the United States (US) housing mortgage market in 2007 transformed into a full-fledged global financial crisis, considered to be the worst ever since the Great Depression. The financial landscape changed drastically with the collapse of Lehman Brothers in 2008. Irrespective of the degree of globalization of a country and soundness of economic fundamentals, the crisis spread across the world in varying degrees of penetration. The international transmission of liquidity shocks was fast and unprecedented. The falling asset prices and valuation uncertainty affected market liquidity, the failure of leading global institutions and the deleveraging process tightened the market for funding liquidity. While the global financial markets have started showing signs of stabilization, credit flow in the advanced markets is yet to recover. Despite the decoupling theory, the emerging economies too faced problems and were affected during the crisis. Decoupling theory basically states that when the growth of the developed economies goes downwards, the emerging economies would remain unaffected due to their foreign exchange reserves, corporate balance sheets and the banking system. In the peak of the global economic crisis however, the decoupling theory did not make sense as emerging economies, including India, faced capital flow reversals, sharp widening of spreads on sovereign and corporate debt and abrupt currency depreciations. Even though the Indian banking system had no direct exposure to the subprime crisis and had very limited off balance sheet activities and securitized assets, limited dependence on external demand as exports account for less than 15 % of the GDP and growth is predominantly driven by domestic consumption and investment, the financial crisis did affect the Indian economy. The seemingly 9 % GDP growth rate fell down to 6 %. This was primarily because of India’s integration into the world economy, India’s two-way trade (merchandise exports plus imports), as a proportion of GDP grew from 21.2% in 1997-98, the year of the Asian crisis, to 34.7 % in 2007- 08 and the increase in the Indian corporates’ access to external funding. In the five year period from 2003 to 2008, the share of investment in India’s GDP rose by 11 percentage points. Corporate savings financed roughly half of this, but a significant portion of the balance financing came from external sources. While funds were available domestically, they were expensive relative to foreign funding. On the other hand, in a global market awash with liquidity and on the promise of India’s growth potential, foreign investors were willing to take risks, and provide funds at a lower cost. In 2007 – 08, India received capital inflows amounting to over 9 % of GDP as against a current account deficit in the balance of payments of just 1.5 % of GDP. These capital flows, in excess of the current account deficit, prove the importance of external financing and the depth of India’s financial integration.

 

  1. How did global crisis affected our Indian Financial service sector?
  2. What are the challenges faced by the sector?
  3. How did India manage the crisis?

 

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St. Joseph’s College of Commerce Cost Accounting Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM (T.T) – IV SEMESTER
C2 12 401: COST ACCOUNTING
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Which method of costing is applicable to the following industries;

a)      Biscuit Manufacturing

b)     Paper Manufacturing
  2. Give an example for:

a)      Semi – Variable Cost

b)     Abnormal Loss
  3. What is a bin card and stores ledger?
  4. Give an example each for preventive and replacement cost of labor turnover?
  5. What is Job evaluation?
  6. Differentiate between allocation and apportionment of overheads.
  7. What is meant by margin of safety?
  8. What are composite units? Give two examples.
  9. Name two resources required to plan an itinerary.
  10. Give two differences between cost accounting and financial accounting.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Cost accounting has come to be an essential tool of the management. Comment.
  12. Calculate the earnings of A and B under straight piece basis and Taylors differential piece rate system, from the following information;

  • Standard production:  7units per hour
  • Factory day: 8hours
  • Normal time rate: 2.80 per hour
  • Mr. A produces 50units a day

Mr. B produces 60units a day
  13. A machine is purchased for cash at Rs.9200. its working life is 18000 hours after which its scrap value is estimated at Rs.200. it is assumed from past experience that;

  • The machine will work for 1800hours annually
  • The repair charges will be Rs.1080 during the whole period of life of the machine
  • The power consumption will be 5units per hour at 0.06Rs per unit
  •  Other annual standing charges are estimated to be;
    1. Rent of department (machine occupies 1/5th of the total space) Rs.780

 

 

    1. Light (12points in the department – 2points engaged in the machine) Rs.288
    2. Foremen’s Salary (1/4th of his time is occupied in the machine) Rs.6000
    3. Insurance premium(fire) for machinery Rs.36
    4. Miscellaneous Expense Rs.60

 

Find out the machine hour rate for allocation of works expense to all jobs for which the machine is used.
  14. The sales turnover and cost during the first half and second half of the year 2014-15 were as follows;

Particulars First Half Second Half
Sales 24,00,000 30,00,000
Total Costs 21,80,000 26,00,000

 

You are asked to determine;

  1. P/V Ratio
  2. Annual Fixed Cost
  3. Break-Even Point
  4. Margin of safety
  15. A truck starts its journey from Delhi to Ajmer with a load of 12tonnes. 3tonnes were unloaded at Jaipur and a further load of 2tonnes at Kishangarh. At Dudu a fresh load of 5 tonnes were loaded. It was fully unloaded at Ajmer.

 

On its return journey it started with 8tonnes from Ajmer which was fully unloaded at Jaipur. A fresh load to 11 tonnes was taken from Jaipur which was unloaded at Delhi.

 

Distances From Jaipur are: Delhi 200kms, Dudu 70kms, Kishangarh 115kms and Ajmer 140kms (via Dudu and Kishangarh). Calculate absolute tonne kms.

 
  16. A manufacturing company uses Rs.50000 materials per year. The ordering cost per purchase is Rs.50, cost of inventory per unit is Rs.1 and carrying cost is 20% of the average inventory. The company currently has an optimum purchasing policy but has been offered a 0.4% discount if they purchase five times per year. Should the offer be accepted?
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Following data has been extracted from the books of Sunshine industries Ltd., for the year 2013;

Particulars Amount
Opening stock of raw material 25000
Purchase of raw material 85000
Closing stock of raw material 40000
Carriage inward 5000
Wages – Direct 90000
Wages – Indirect 10000
Rent and Rates – Factory 5000
Rent and Rates – Office 500
Depreciation Plant and Machinery 1500
Depreciation Office Furniture 100
Cash Discount 5000
Indirect Consumption of Material 500
Salary – Office 2500
Salary – Salesman 2000
Other Factory Expenses 5700
Other Office Expenses 900
Managers Remuneration 12000
Bad Debts Written Off 1000
Advertisement Expense 2000
Travelling Expense Of Salesmen 1100
Carriage and Freight Outward 1000
Sales 250000
Advance Income Tax Paid 15000

 

The Manager has the overall charge of the company and his remuneration is to be allocated as Rs.4000 to the factory, Rs.2000 to the office and Rs.6000 to the selling operations.

 

From the above prepare a statement showing

a)      Prime cost

b)     Factory cost

c)      Cost of production

d)     Cost of sales and

e)      Net profit
  18. PH Ltd., is a manufacturing company having three production departments P1, P2 and P3 and two service departments S1 and S2. Following is the information for December, 2013.

 

Factory Rent – Rs.4000

Power – Rs.2500

Depreciation – Rs.1000

Other Overheads – Rs.9000

 

Additional Information

Particulars Total P1 P2 P3 S1 S2
Direct Material (in Rs.) 10000 1000 2000 4000 2000 1000
Direct Wages (in Rs.)

 

 18000 5000 2000 8000 1000 2000
Area (sq. ft.) 2000 500 250 500 250 500
Value of Asset (rupees in lakhs) 100 20 40 20 10 10
Horse Power of Machines 250 50 80 80 15 25

 

Apportionment of expenses of service departments is as under;

  P1 P2 P3 S1 S2
S1 45% 15% 30% – 10%
S2 60% 35% – 5% –

 

Prepare;

  • A statement showing distribution of overheads to various departments
  • A statement showing redistribution of service department expenses to production departments according to simultaneous equation method.
  19. You are given the following data for a costing year for a factory;

  • Budgeted output 2,00,000units
  • Fixed Expenses Rs.10,00,000
  • Variable Expenses per unit Rs.20
  • Selling price per unit Rs.40

Draw a break even chart showing the break-even point.
  20. The Union transport company has been given a 20kms long route to run a bus. The bus costs the company Rs.100000. it has been insured at 3%p.a. the annual road tax amounts to Rs.2000. Garage rent is Rs.400pm. Annual repair is estimated to cost Rs.2360 and the bus is likely to last for 5years.

 

The salary of the driver and the conductor is Rs.600pm and Rs.200pm respectively in addition to 10% of takings as commission to be shared equally by them. The manager’s salary is Rs.1400pm and the stationary will cost Rs.100pm. Petrol and oil will cost Rs.50 per 100kms. The bus will make three round trips per day carrying on an average 40 passengers in each trip. Assuming 15% profit on takings and that the bus will run on an average 25days in a month, Prepare operating cost statement on a full year basis and also calculate the bus fare to be charged from each passenger per km.
  21. Following is the extract of purchase and issues of materials during March 2005;

March 1st – Opening balance – 300units at Rs.20 per unit

March 3rd – Issued – 150units

March 4th – Issued 100units

March 10th – Received 200units at Rs.19 per unit

March 16th – Issued 65units

March 20th – Received 240units at Rs.22 per unit

March 22nd – Transferred from one department to another production department – 10units previously issued at Rs.20per unit

March 24th – Returned to supplier 20units out of the purchases of 20th march

March 25th – Purchased 100units at Rs.24 each.

March 26th – Issued 180units

March 28th – Received back from production department to stores – 15units

 

Stock verification on 18th March revealed a shortage of 10units and on 31st march showed an excess of 5units. You are required to prepare stores ledger under LIFO.

 
SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. Mr. and Mrs. Arun have approached Frontier travels to organize a golden triangle tour along with their friends who are two couples and a child of 12years. The requirements of the trip are as follows;

·         Three double rooms with an extra bed in one of the rooms.

·         A non-a/c quails or tempo traveller for sightseeing and transfers

·         The package should include provisions for breakfast, lunch and dinner

·         Guide service in places of historic importance

·         Trip would include train fare but entrance fee and airfare would be supplement costs.

·         The tour would follow this route

Bombay – By Air – Delhi(2days) – By Train – Agra(1 day) – By Road – Jaipur(2 days) – By Air – Bombay

 

The details regarding cost are as follows;

  • Hotel
Place Days Double Bed Room Tariff Extra Bed Tariff
Delhi 2 5000 1250
Agra 1 3000 750
Jaipur 2 6000 1500

 

  • Airfare

BOM – DEL – Rs.5705per person

JAI – BOM – Rs.4667per person

  • Train fare from Delhi to Agra 600per person

 

  • Food would cost Rs.1500 per person per day

 

  • Travel
Place Qualis Tempo
  A/C Non A/C A/C Non A/C
Delhi 3800 3500 4800 4300
Agra 8250 6950 9500 7900
Jaipur 3750 3000 4000 4250

 

  • Guide Charges
Places Amount Paid
Jantar Mantar 100
Qutub Minar and Red Fort 250
Lotus temple 100
India Gate 100
Taj Mahal and Agra Fort 200
Hawa Mahal 150
Amber Fort 500
Other Places 200

 

  • Entrance fees in Delhi totaled up to Rs.500per person, at Agra the fee was about Rs.300 per person and at Jaipur Rs.300 was paid per person.

 

  • Markup on each person – Rs.3500

 

You are required to prepare a

  • Detailed tour itinerary for the families                 (5Marks)
  • Tour cost sheet to ascertain cost per person and (7Marks)
  • Present it to him in the form of a tour proposal  (3Marks)

 

 

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St. Joseph’s College of Commerce Business Statistics Question Paper PDF Download

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St. Joseph’s college of Commerce (AUTONOMOUS)
END SEMESTER EXAMINATION – march / APRIL 2016
B.COM(T.T.) – IV SEMESTER
C2 12 403: BUSINESS STATISTICS
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Statistics is a useful subject for people working in every walk of life.  Substantiate.
  2. Which measure of central tendency is usually regarded as the best, why?
  3. Explain weighted average.  When should it be applied instead of a simple average?
  4. What is coefficient of dispersion?  What purpose does it serve?
  5. Explain the different types of correlation as explained by Karl Pearson.
  6. What is regression?  How is it different from correlation?
  7. Mention two uses of Index Numbers.
  8. Explain two diagrammatic representations of data with figures.
  9. State briefly the importance of time series analysis in business.
  10. Discuss the limitations of Statistics.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Explain the functions of Statistics.
  12. 150 candidates appeared for a written examination.  Their scores out of 100, are given below, calculate the mean score of these candidates.

Scores No. of candidates
0-10

10-20

20-30

30-40

40-50

50-60

60-70

70-80

80-90

 8

15

17

28

25

24

18

9

6

 
  13. Export earnings of companies are mentioned in the following table:

Earnings (Rs. crores):  5–10    10–15    15–20    20–25    25–30    30-35    35-40

No. of companies:         25        28         32         21           17         14         8

Calculate Range and its Coefficient.

 
  14. A student calculates the value of r as 0.7 when the value of n is 5 and concludes that r is highly significant.  Is he correct?  Also calculate the limits for the population coefficient correlation.

 
   

15.

  

From the following data, construct price index number using simple aggregative method.

Commodities Base year Prices

Rs.

 Current year Prices

Rs.
Milk

Wheat

Apple

House Rent

 11

15

30

3,500

 12.50

16

35

4,500
  16. Fit a trend by the method of semi averages to the following data:

Year:                             2003    2004    2005    2006    2007    2008    2009    2010

Output (in units):          70        65        82       85        93         90        96      100
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. From the following income distribution, draw a histogram and locate the mode.  Also verify it through calculations.

Income No. of Employees
0 – 100

100 – 200

200 – 300

300 – 400

400 – 500

500 – 600

600 – 700

 12

25

38

45

32

17

14
  18. Complete the following distribution, if its median is 2600 and the total frequencies is 1500:

Size 1000-

1500

 1500-

2000

 2000-

2500

 2500-

3000

 3000-

4000

 4000-

5000

 5000-

6000
Frequencies 120 ? 400 500 ? 50 20
  19. Calculate Spearman’s Rank correlation co-efficient between Advisement cost and Sales from the following data:

Advertisement cost (‘000s) Sales (in lakhs of Rs.)
39 47
65 53
62 58
90 86
82 62
75 68
25 60
98 91
36 51
78 84
   

 

 

20.

  

 

 

Given below are the data relating to interest rate on housing loan and the amount of housing loan advanced by a bank.

 

Years Rate of Interest (% p.a.) Amount of Housing Loan (in Rs. Crores)
2004 14 3
2005 13 8
2006 11 20
2007 10 35
2008 7 40
2009 5 44
2010 4 50

 

Compute the regression equation of X on Y and Y on X from the above data and estimate the housing loan amount if the rate of interest is reduced to 6%.

 
  21. From the following table calculate the coefficient of correlation by Karl Pearson’s method.

X 6 2 10 4 8
Y 9 11 5 8 7
 

SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                           
  22. Share prices of two companies A Ltd. and B Ltd. are recorded as follows:

 

A Ltd. 12 13 15 14 14 14 13 17
B Ltd. 113 114 113 115 117 114 112 114

 

Use standard deviation to find which company’s share prices are more variable?

 

 

 

 

 

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St. Joseph’s College of Commerce IV Sem Additional English Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – March / April 2016

B.COM (T.T.) – IV SEMESTER

 C2 12 4AE :ADDITIONAL ENGLISH

Duration:  3 hours                                                                                        Max. Marks: 100

Section -A

  1. Write short notes on any FOUR of the following in about two paragraphs each.

                                                                                                                         (5×4=20)   

  1. Holden’s experience at Pency Prep and Elkton Hills.
  2.  Allie’s baseball glove.
  3. Holden’s meet with Sally Hayes.
  4. Holden’s visit to the Museum of Natural History.
  5. The Red Hunting hat

 

  1. II) Answer any FIVE of the following questions in about 200 words.  (5×10=50)
  2. “I’d just be the catcher in the rye and all. I know it’s crazy, but that’s the only thing I’d really like to be” Discuss the significance of the title The Catcher in the Rye in the life of Holden Caulfield. Realizing it to be ‘crazy’ what makes Holden associate himself to be the catcher in the rye? Use incidents from the text to write your answer.
  3. Describe Holden’s relationship with his siblings -DB, Phoebe and his dead brother Allie. Through specific examples bring out each one’s influence on Holden’s life. Also comment whether Phoebe or Allie had a major role to play on Holden’s thought process and his take on life.
  4. According to you what is the most interesting encounter or interactions of Holden in the novel?  Keeping the encounter at the background, analyze Holden’s character, nature and the progress or decline of him as a person.
  5. Why Holden becomes so happy seeing Phoebe on the carousel at the end of the novel? Does this event signify his final breakdown or his recovery from the stress, grief and from his immature perspective on life?
  6. Holden’s narrative presents a stark divide of the world of children from that of adults. Do you think his struggle to protect the two -world merging into each other is right? As readers how do you perceive Holden – as a person who is mentally unstable or as a righteous person who puts up a fight with the world?
  7. After reading the text The Catcher in the Rye, how do you comprehend the future of the Holden Caulfield? Describing his positive and negative traits make a future assessment of his life.

Section – B

  1. Answer ALL the following questions.     (3X10 =30)
  2. 12. Discuss the various types of power politics portrayed in the play Rudaali. Also comment on the representation of the powerful and the marginal in the play.
  3. Compare Sanichari’s character with any other character read by you in a novel, film or in real life situation who has set an example of courage and has fought bravely against the ills of society.
  4. Describe your experience of reading The Catcher in the Rye and watching the play Rudaali? Which particular narrative you felt connected to and why?

 

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St. Joseph’s College of Commerce II Sem Geography In Travel Planning Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESER EXAMINATION – MARCH/APRIL 2016
B.COM(T.T.) – II SEMESTER
C2 15 AR 204 : GEOGRAPHY IN TRAVEL PLANNING
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. What is Jet Lag?
  2. Expand the following IATA codes – IN, PAR, NYC and KUL.
  3. Differentiate between Himalayan and Peninsular rivers.
  4. Highlight the importance of GMT and IST?
  5. Name any 4 beaches of the world with location.
  6. Where are the following located? The Ferrari World, Victoria Falls, Rajiv Gandhi International Airport and Amazon Forest.
  7. Which of the following EU countries does not participate in the euro? Sweden, Luxembourge, Nertherlands, France. Name its Currency.
  8. What would be the local time in Zurich, Switzerland when it is 2.00 a.m in Chicago, Illinois? (GMT (-)6 hrs)
  9. List the Top 5 Airports of the World.
  10. What is an Open Jaw? Give Example.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. What are the main geographical features which attact travellers to them.
  12. Write short notes on the cold deserts of the world.
  13. The Latitudes and Longitudes helps to identify the countries, states and cities locations – Explain.
  14. India is considered to be a major destination for “Buddhist Pilgrimage”.Give reasons and also name the major Buddhist centres in India.
  15. Describe some of the important places in the East Coast of USA with special reference to New York City.
  16. Briefly discuss some of the Mountain ranges of the world.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Explain the various geographical features of India. Discuss how these have influenced tourism development.
  18. Describe some of the important places of tourist interest in each of the following countries: Singapore, United Arab Emirates, England and Australia
  19. Karnataka – “One State Many Worlds”- Explain the role of KSTDC in promoting tourism in Karnataka.Justify the punchline.

 

 

 
  20. India is home to large no. of species, birds and mammals. Explain the main wildlife sanctuaries in South India.
  21. Define an Itinerary. Describe the main steps one needs to observe while planning an itinerary. What are the various guidelines which are helpful in preparing an itinerary?
SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                           
  22. (i) In the Map provided Plot the following:

a)      Countries – Finland, Indonesia ,South Africa, Kazakhstan

b)     Lakes and seas – Persian Gulf, Black Sea ,Hudson Bay, Lake Victoria

c)      Cities –   Cairo, Guangzhou, Jakarta, New York

d)      Mountain Ranges – Rocky Mountains and the Ural Mountains

 

(ii) European countries welcome more than 480 million international visitors per year, more than half of the global market, and 7 of the 10 most visited countries are European nations. A well preserved cultural heritage, open borders and efficient infrastructure makes visiting Europe a life time experience.

 

If you were to travel this summer to Europe , what would be your itinerary for   6N/7 Days making your holiday a fulfilling experience.(Plot the same in the map provided)

 

 

 

 

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St. Joseph’s College of Commerce II Sem General English Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – March /April 2016

B.COM (T.T.) – II Semester

C2 15 2 GE:  GENERAL ENGLISH

Duration: 3 Hours                                                                                          Max. Marks: 100

Section -A

  1. Write short notes on the following:                   (4×5= 20)
  2. Effim’s visit to Holy Sepulcher.
  3. The Manganiyar group described in Tracing the Roots of Rajasthani Music.
  4. Sir Mohan Lal’s English.
  5. “Another phase was reached when we

       Were twice attacked, and lost our way”. – Enterprise

Section -B

  1. Answer the following questions in about 250 words.       (4×10 =40)
  2. Describe the metaphorical significance of pilgrimage in the story Two Old Men. Comment on religious spaces, its architecture, serenity and religious symbols that you have seen during your visits.
  3. “He will not be engaged in the superficial pursuits of tourists but in the difficult task of trying to make sense of an alien culture”. According to Tom Swick what are the artificial pursuits of a tourist and how does he claim to be different from them? Elucidate your answer by giving examples from the text.
  4. 7. Karma had its wrath on Sir Mohan Lal. If you are asked to narrate the story after this event, how will you portray the wrath of karma on the two English soldiers who threw Sir Mohan Lal outside the compartment? Use your imagination to write the answer.
  5. What made Alex Shoumatoff state at the end of the text “As I listened, I eventually stopped imposing what I was looking for and began to enjoy the music for what it was: beautiful, alive and present”. Narrate an experience in which you have discovered a lifestyle that was not a part of the culture that you grew up with.

III. Read the passage carefully and answer the following questions in about two to three paragraphs each.                                                                                                 (4×10=40)

Objects that once adorned display cases in museums around the world are disappearing from view. In recent decades, dramatic wooden Iroquois face masks, crafted by the nations and tribes of indigenous people of North America, have been taken off the shelves. Rattles and masks made by the Coast Salish peoples of the Pacific Northwest, in British Columbia, have been moved to restricted areas of museum storerooms. And at the National Museum of Australia in Canberra, ‘secret/sacred’ Aboriginal objects have been separated from the main collection: only tribal members of particular standing are permitted to see them.

Such removals are political, enacted in the name of decolonisation and the right to self-determination of Native peoples. By way of restitution, argues the museum scholar Janet Marstine of the University of Leicester, ‘Institutions need to develop long-term relationships with source communities built on trust.’ ‘Source communities’ is the buzzword for groups of people, or tribes, considered to be affiliated to the artefacts, and Marstine believes that they should control the interpretation of the past. That includes how cultural artefacts are understood, presented and stored in museums – and if they are displayed at all.

The idea that one culture ‘owns’ a particular heritage is having a profound impact on museums. Just as campaigners are urging the nations of Greece and Turkey to see themselves as the true owners of cultural artefacts – such as the Parthenon marbles, or sculptures from the Mausoleum at Halicarnassus, both in the British Museum – so too do activists and sympathetic museum professionals, who are facilitating these removals, consider certain indigenous peoples – Native Americans, Aboriginal people, First Nations – the primary, if not sole, arbitrator of their history and cultural artefacts. Lissant Bolton, a keeper at the British Museum, puts the point like this: ‘In the Australian context, this means that any Indigenous Australian is understood to have a greater right to speak about any Aboriginal object than any non-Indigenous Australian.’

The National Museum of the American Indian (NMAI), which opened on The Mall in Washington, DC in 1990, has been at the forefront of implementing new museums and policies that make formal concessions to particular groups on the basis of their ethnicity. The US arts journalist Edward Rothstein calls the NMAI and its ilk ‘identity museums’.

The devolving of authority at the NMAI embraced a range of activities, including who designed and built the museum, who selects what is in the collection, and how it is interpreted and presented – as well as how artefacts are conserved, and who can see them. In a similar spirit, in 1993 the Council of Australian Museum Associations endorsed a document, now titled Continuous Cultures, Ongoing Responsibilities, which set a new bar by compelling institutions to work collaboratively with indigenous groups on all aspects of running a museum. The premise behind this move was that indigenous people should be the ones to tell and organise their history: only Native Americans can speak for and tell the story of Native Americans. The Maori for the Maori. Aboriginal groups for the Aboriginal past.

The motives are understandable. Colonisation had a devastating impact on indigenous peoples. But the new identity museums are troubling on many levels – and not just because material is taken off display. Imagine if a museum was established, with public money (the NMAI is federally funded), where white people from one geographical area – sometimes only white men with status – were given the authority to decide what exhibits visitors could and couldn’t see. There would quite rightly be outrage.

Instead of decolonising museums, the new practices echo and reinforce a racial discourse. They present an idea of culture as fixed and immutable – something people own by virtue of biological ancestry. This racial view of the world should trouble us.

We need to ask who speaks for the relevant indigenous community, and on what basis. Even who qualifies as indigenous is a vexed question, as is the fact that ‘the indigenous’ rarely speak with one voice. Ethnocentric policies therefore tend to vest authority in anointed chiefs and elders (local equivalents of the privileged white male), without asking how many and which tribal members need to subscribe to the traditional view for it to remain authoritative. What about those who disagree? And what about those who want to change it, or challenge it from within?

It also follows, according to the logic of identity museum practice, that those outside the culture cannot truly understand it because they’ve never experienced it. It’s an approach that creates barriers between people. And also between people and artefacts. It advances the idea that cultures are separate and irreconcilable. When Seddon Bennington was chief executive of the Museum of New Zealand Te Papa Tongarewa in Wellington – formally a bi-cultural museum – he articulated precisely such a view: ‘There is a Western way of seeing the world and a Matauranga Māori way. The rest of the world cannot tap into Māori wisdom.’

But handing over the right to narrate history to those with the approved ethnicity is not the way that knowledge works. The pursuit of truth and the understanding of history must be open to everybody, regardless of class, ethnicity or gender. There must be universal access. That is how questions can be explored, and old forms of authority challenged.

We often hear about the problem of hidden histories, invisible and unheard because the stories of women and minorities have been written out of mainstream narratives. But identity museums are guilty of the same sin of omission, since surrendering the authority to shape museum collections to indigenous communities hinders the understanding of the very people it claims to help. It creates an idealized version of the past – one that never accounts for itself, because it cannot be questioned.

  • What is the author’s argument with regard to an ethnic group being the owner of cultural artifacts? Do you agree to his view?
  • What does the author mean by ‘decentralization of cultural artifacts’? Does it promote racism and separatism?
  • In a larger context do you think that in this segregation of cultural artifacts the third world countries will have a greater advantage over the First world countries? Also, give your opinion on whether it is a rightful demand to bring the Kohinoor Diamond which was taken away by the British, back to India.
  • Museums can recreate past in the minds of the visitors. They are also a way of understanding the past. Narrate your first impression of a visit to a museum or gallery of cultural artefacts. Do you think we, as a society, attach any importance to museums and galleries?

 

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St. Joseph’s College of Commerce II Sem Corporate Accounting Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM(T.T)  – II  SEMESTER
C2 15 MC 201  : CORPORATE ACCOUNTING
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Mention the different methods of calculating Purchase Consideration.
  2. What are the methods of valuing goodwill?
  3. What do you understand by the term intrinsic value? How it is calculated?
  4. How do you calculate Fair value of the share?
  5. What are the different methods of accounting for amalgamation?
  6. The Shareholders  get Rs. 5 cash for every share in X Ltd. (Shares in X Ltd. is 10,000 shares of Rs. 10 each ) and 2 shares of Rs. 20 each for every 5 shares held b X Ltd. Calculate purchase consideration.
  7. What is Capital Reduction account?
  8. Distinguish between Internal Reconstruction and External Reconstruction.
  9. What do you mean by Accounting Standards?
  10. What is IFRS?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Explain the conditions to be satisfied for an Amalgamation in the Nature of Merger according to AS-14.
  12. Elucidate the factors that should be considered in valuing goodwill.
  13. Following information relates to D Ltd.

4,000 , 10% Preference share of Rs.100 each – Rs.4,00,000

5,000 , Equity shares of Rs.100 each -Rs.5,00,000

Average profits before tax- Rs. 3,22,580

Rate of tax  – 38%

Transfer to be made to Reserve – 20%

Normal rate of return – 15%

Ascertain the value of each equity share under Yield method.

 
  14. Following is the Balance sheet of ABC Ltd. as on 31st March 2015.

Liabilities Amount Assets Amount
2,00,000 Equity shares of Rs.10 each fully paid up 20,00,000 Plant & machinery 9,00,000
6,000 8% Preference shares of Rs.100 each 6,00,000 Furniture & fitting 2,50,000
9% Debentures 12,00,000 Patents 70,000
Bank overdraft 1,50,000 Investments ( at cost )

Market value Rs.55,000

 68,000
Trade payables 5,92,000 Inventory 14,00,000
    Trade receivables 14,39,000
    Cash and bank balances 10,000
    Profit & loss a/c 4,05,000
  45,42,000   45,42,000

 

The following scheme of reconstruction was finalized:

a.      Preference shareholders would give up 30% of their capital in exchange for allotment of 11% Debentures to them.

b.      Debenture holders having charge on plant & machinery would accept plant & machinery in full settlement of their dues.

c.       Inventory equal to Rs.5,00,000 in book values will be taken over by trade payables in full settlement of their dues.

d.     Investment value to be reduced to market price.

Give necessary journal entries reflecting the above scheme of reconstruction in the books of ABC Ltd.
  15. The following is the Balance Sheet of Small Ltd. as on 31.3.2015.

Liabilities Amount Assets Amount
Equity Share Capital (Rs. 10 each) 20,000 Goodwill 4,000
Profit & Loss A/c 7,000 Fixed Assets 16,500
Debentures 10,000 Current Assets 19,500
Creditors 3,000    
  40,000   40,000

Big Ltd. agreed to take over the assets (exclusive of goodwill, fixed assets of Rs. 4,000 and cash Rs. 1,000 which is included in current assets) at 10% less than book value and to discharge the trade creditors and to pay Rs. 6,000 for goodwill.

The purchase consideration was to be settled by the allotment of 2,000 shares of Rs. 10 each, Rs. 8 called up at a market value of Rs. 15 per share and the balance in cash. Liquidation expenses amounted to Rs. 400.

Show the calculation of purchase consideration and discharge.

 
  16. What are the objectives of Accounting Standards?
 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. The following is the Balance sheet of X Ltd on 31st Dec 2015.

 

 

Liabilities Amount Assets Amount
Equity share capital of Rs.10 each 5,00,000 Building 1,65,000
General reserve 2,00,000 Machinery 85,000
Profit & Loss a/c

 

 1,00,000 Furniture 50,000
Creditors 60,000 Motor vans 1,00,000
Bills payable 20,000 Investments 1,00,000
Provision of Tax 20,000 Stock 1,50,000
    Debtors 80,000
    Bank 1,70,000
  9,00,000   9,00,000

Net profit before tax 2013 – Rs.2,10,000 , 2014 – Rs.2,20,000 , 2015 – Rs.2,50,000. Rate of tax 40% .Income from investments may be taken at 6%. Normal rate of return on average capital employed is 15%. Building is valued at Rs.1,80,000 and Machinery at Rs.90,000. Taking weighted average profits after tax as basis, calculate the value of goodwill based on:

 a. 5 years purchase of super profits

b.  Capitalisation of super profits

 c. Annuity of super profits taking Annuity rate at 3.35. ( Ignore depreciation on Building & Machinery )

 
  18.   Balance sheet of Diamond Ltd as on 31-12-2013.

LIABILITIES Amt ASSETS Amt
Share capital:

Issued, subscribed and paid up: 2,000 shares of Rs.100 each

  

 

2,00,000

 Land & Buildings 1,10,000
General Reserve 40,000 Plant & Machinery 1,30,000
Profit and Loss a/c 32,000 Patents & Trademarks 20,000
Sundry Creditors 1,28,000 Stock 48,000
Income Tax Reserve 60,000 Debtors 88,000
    Bank 52,000
    Preliminary expenses 12,000
  4,60,000   4,60,000

The expert valuer valued Land & Building at Rs.2,40,000;  Goodwill at Rs.1,60,000 and Plant and Machinery  at Rs.1,20,000. Out of the total Debtors, it is found that debtors of Rs.8,000 are bad.

The profits of the company after tax have been as follows:

 

2011 2012 2013
80,000 90,000 1,06,000

 

The company follows the practice of transferring 25% of the profits to General reserve. Similar type of companies each, earns a profits at 10% of the value of their shares. Income Tax rate applicable to the company is 50%.  Ascertain the value of shares of the company under:

a)      Intrinsic value method             b)  Yield value method            c)Fair value method
  19. Following is the balance sheet of X Ltd.

Liabilities Amount Assets Amount
Preference share capital 5,00,000 Plant & machinery 5,00,000
Equity share capital 10,00,000 land & building 10,00,000
Profit & loss a/c 2,00,000 Investments 2,00,000
General reserve 3,00,000 Stock 3,00,000
Debentures 2,00,000 Debtors 4,00,000
Creditors 3,00,000 Cash 10,000
    Bank 90,000
  25,00,000   25,00,000

X ltd. is absorbed by Y ltd. following terms:

a.    Equity shares are to be redeemed at 6% premium by issuing equity shares in Y ltd. at par.

b.   Nine preference shares in Y ltd. are to be issued for five preference shares held in X ltd. the face value of preference share of both companies is same.

c.    Stock is not taken over by Y ltd. and it realised Rs.1,00,000.

d.   The fair value of assets taken over is as under:

Plant & machinery Rs.4,00,000

Land & building Rs,17,00,000

Investments Rs.1,00,000

Debtors book value less 10%

Prepare the necessary ledger accounts in the books of X Ltd.

 
  20. Following is the Balance sheet of Unsuccessful Ltd. as on 31.12.2012:

Liabilities Amount Assets Amount
13% cumulative preference

shares of Rs. 100 each

 1,00,000 Fixed Assets 15,00,000
Equity shares of Rs. 10 each 7,00,000 Current Assets 32,00,000

 
8% Debentures 3,00,000 Profit & Loss A/c 3,00,000

 
Current liabilities(included

Creditors)

 39,00,000

 

    
  50,00,000   50,00,000

The following scheme of reconstruction was adopted:

a. Fixed assets are to written down by 33.33%

b. Current assets are to be revalued at Rs. 24,00,000

c. One of the creditors of the company to whom the company owes

Rs. 25,00,000 decides to forego 50% of his claim. He is allotted 2,50,000

equity shares of Rs. 5 each in full satisfaction of his claim.

d. The rate of interest on debentures is increased to 11%. The debenture holders surrender their existing debentures of Rs. 100 each and exchange the same for fresh debentures of Rs. 75 each.

e. All existing equity shares are reduced to Rs. 5 each.

f. All preference shares are reduced to Rs. 75 each.

Pass Journal entries and show the Balance Sheet of the company after giving effect to the above. Also prepare Capital Reduction A/c.

 
  21. Explain any 5 Accounting Standards in detail.

 
SECTION – D
IV) Case Study – Compulsory question.                                                                 (1×15=15)                                                                                           
  22.  

    A Ltd. acquired the undertaking of B Ltd. on 31.3.2015 for a purchase consideration of Rs. 2,50,00,000 to be paid by fully paid Equity Shares of Rs. 10 each. The Balance Sheets of the two companies on the date of acquisition were as follows:

Liabilities A Ltd. B Ltd. Assets A Ltd. B Ltd.
Equity Shares of Rs. 10 each fully paid up 2,50,00,000 1,50,00,000 Land & Building 1,20,00,000 80,00,000
General Reserve 1,20,00,000 18,00,000 Plant & Machine. 2,00,00,000 1,80,00,000
Profit & Loss A/c 10,00,000 53,00,000 Furniture & Fixtures 10,00,000 20,00,000
Dev. Rebate Reserve 10,00,000 37,00,000 Stock 55,00,000 40,00,000
Worker’s Comp. Fund 15,00,000 24,00,000 Debtors 45,00,000 40,00,000
Current Liabilities 45,00,000 95,00,000 Bank Balance 20,00,000 17,00,000
  4,50,00,000 3,77,00,000   4,50,00,000 3,77,00,000

Pass the necessary journal entries in the books of the New Company (Incorporation entries) when Amalgamation is in the Nature of Merger. Also prepare the Balance Sheet of A Ltd. after amalgamation assuming that Development Rebate Reserve and Worker’s Compensation Fund of B Ltd. are required to be continued in the books of A Ltd.

 

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St. Joseph’s College of Commerce II Sem Business Statistics Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM (T.T.)– II SEMESTER
C2 15 AR 203 :BUSINESS STATISTICS
Duration: 3 Hours                                                                                    Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                 (10×2=20)
  1. Give the meaning of Statistics.
  2. Three students in a group of 9 failed in the examination. Six students who passed got the marks as 55, 40, 82, 61, 80, and 53. Find the Median.
  3. Define Index Number.
  4. Mention the four components of Times Series.
  5. The average rainfall for a week excluding Sunday was 0.5”. Due to heavy rain on Sunday, the average rain for the week was 1.5. How much rainfall was there on Sunday?
  6. State any two differences between Correlation and Regression Analysis.
  7. What are the different methods of constructing Price Index Numbers?
  8. Explain with a help of scatter diagram perfect negative and positive correlation.
  9. Find the range and coefficient of range from the following:

X 22 24 26 28 30 32 40 42
  10. Mention any two basic functions of MS-Excel.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                              (4×5=20)
  11. Prepare a frequency distribution of the marks obtained by 50 students in an examination with width of each class interval as 10. Use exclusive method of classification:

57 44 80 75 00 18 45 14 04 64
72 51 69 34 22 83 70 20 57 28
96 56 50 47 10 34 61 66 80 46
22 10 84 50 47 73 42 33 48 65
10 34 66 53 75 90 58 46 39 69
  12. Define Statistics and explain its characteristics in detail.
  13. Calculate the trend values by the method of 4-yearly moving averages:

Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Sales

(Rs)

 464 515 518 467 502 540 557 571 586 612

Sales are given in Lakhs of rupees.

 
  14. Compute the cost of living index number using both the Aggregate Expenditure Method and Family Budget Method from the following information:

 

 

 

Commodity Unit Consumption in Base Year Price in Base Year Price in Current Year
Wheat 200 20 24
Rice 50 30 35
Pulses 50 40 45
Ghee 20 200 300
Sugar 40 25 30
Oil 50 100 120
Fuel 60 50 62.5
Clothing 40 500 600
  15. Compute Spearman’s rank correlation for the following observation:

Candidate 1 2 3 4 5 6 7 8
Judge X 20 22 28 23 30 31 21 24
Judge Y 28 24 22 25 26 27 32 30

Marks are awarded out of 35.

 
  16. The Shareholders Research Centre of India has conducted recently a research-study on price behavior of three leading industrial shares A, B and C for the period 2011 to 2016. The results are published in the Quarterly Journal:

Share Average Price Standard Deviation Current Selling Price
A 18.2 5.4 36.00
B 22.5 4.5 34.75
C 24.0 6.0 39.00

The above figures are given in Rs.

(a) Find Coefficient of Variation & state which share appears to be more stable in value?

(b) If you are the holder of all the three shares, which one would you like to dispose of at present, and why?
    

 SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                           (3×15=45)                                                                                                
  17.

 

 

 

 

 

 

 Find the standard deviation and coefficient of variation from the following data: (use step deviation method)

 

Marks 0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80
No. of Students 12 18 35 42 50 45 20 8

 
  18.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 (a)The following table gives the distribution of items of production and also the relatively defective items among them, according to size groups. Find the correlation coefficient between size and percentage of defective items and its probable error. (Use Karl Pearson’s Assumed Mean Method)

Size-group 15-16 16-17 17-18 18-19 19-20 20-21
No. of Items 200 270 340 360 400 300
No. of Defective Items 150 162 170 180 180 114

 

(b)Using the following data construct Fisher’s Ideal Index and show that it satisfies Factor Reversal test and Time Reversal test:

 

Commodity

 Price (in Rs.) per unit Number of units
Base Year Current Year Base Year Current Year
A 6 8 10 12
B 10 10 5 8
C 5 7 8 10
D 15 20 12 15
E 20 25 15 10

(8+7)
  19. (a)Draw a histogram using graph for the following distribution and find the modal wage. Also check the value by direct calculation.

Daily wages (in Rs.) 200-220 220-240 240-260 260 -280 280-300 300-320 320-340
No. of workers 60 140 110 150 120 100 90

 

(b)“Statistical tools are very helpful in numerous troubles of various fields such as agricultural production, population, industrial growth, sociology, psychology, administration, natural science, etc. Universal application of statistics does not mean that it is free from limitations”. – In the light of this statement briefly discuss the limitations of Statistics.

                                                                                                              (10 +5)
  20. (a) Calculate the value of Mode for the following data (use Grouping Method):

Marks 10 15 20 25 30 35 40
Frequency 8 12 36 35 28 18 9

 

(b) A computer while calculating the correlation coefficient between two variables X and Y from 25 pairs of observations obtained the following results:

n = 25;  ∑X = 125; ∑X2 = 650; ∑Y = 100; ∑Y2= 460; ∑XY = 508

It was however, discovered at the time of checking that he had copied down two pairs as:

X Y
6 14
8 6

While the correct values were:

X Y
8 12
6 8

Obtain the correct value of coefficient of correlation using assumed mean method.                                                                                            (8+7)

 

 

 
  21. Below are given the annual production (in thousand tonnes) of a fertilizer factory:

 

Year 2010 2011 2012 2013 2014 2015 2016
Production 70 75 90 91 95 98 100

(a) Fit a straight line trend by the method of least squares and depict the trend line on the graph.

(b) Estimate the trend value of production for the year 2017.

 
              SECTION – D

 
IV Case Study – Compulsory question.                                                           (1×15=15)                                                                                           
  22. From the data given below find:

(a) The two regression equations.

(b) The coefficient of correlation between marks in Economics and Statistics.

(c) The most likely marks in Statistics when the marks in Economics are 30.

 

Marks in Economics 25  28 35 32 31 36 29 38 34 32
Marks in Statistics 43 46 49 41 36 32 31 30 33 39

 

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St. Joseph’s College of Commerce II Sem Business And Company Law Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM(T. T.) – II SEMESTER
C2 15 mc 202: BUSINESS AND COMPANY LAW
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. “Ignorantia juris non excusat”.  Explain this phrase with a suitable example.
  2. X tells Y, “I will sell my car to you”. X owns 4 different types of cars. Is the offer valid? Explain with regard to the provisions of an offer.
  3. What is an Injunction?
  4. Explain the term “Obiter dictum”.
  5. Define a complainant as per the Consumer Protection Act, 1986.
  6. Explain Statement in Lieu of a Prospectus.
  7. Name any two kinds of agents.
  8. State any two objectives of FEMA.
  9. According to Mr. Z, Misrepresentation and Fraud are synonymous. You are required to prove him wrong.
  10. Write down the scope of Cyber laws.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Explain the methods of Creation of Agency.
  12. ‘An agreement with minor is void-ab-initio’. Explain the law relating to contracts with minor.
  13. Mr. Ashok wants to deal with Foreign Exchange for a living. He came to India in 2001 after a brief period in a foreign country. He is aware about FERA and has no idea about FEMA. He appoints you for legal assistance. You are required to help him with the differences between the two.
  14. How are shares different from debentures? Explain any four types of debentures.
  15. Explain the various clauses of MOA.
  16. A entered into a contract with B for the supply of 600 tons of coal to B within 6 months. A failed to make the delivery in accordance with the terms of the contract owing to government restrictions on transport of coal from collieries. But the coal was available and could be purchased in the local market.

Can A successfully plead that the contract stood discharged because of impossibility of performance?
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17. Explain the different types of meetings to be held by a company.
  18. State the jurisdiction, powers and procedure and settlement of consumer disputes by National Commission.
  19. Explain with necessary case laws the essentials of a valid contract.
  20. Explain what are the remedies available to an aggrieved party on the breach of contract.
  21. Explain briefly the steps involved in formation of a company.
 

SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. Read the cases (any 3) mentioned below and answer the question that follows by not only quoting the respective law but by also explaining the same.

 

a)      A writes to B, “at the risk of your own life, you saved me from a serious motor accident.  I promise to pay you Rs.1,000/-. “A does not pay.  Advice B as to his legal rights.

b)     A, a minor, borrows Rs.2,000/- from B and executes a promissory note for the amount in favour of B.  On his attaining majority, the minor executes another promissory note in lieu of the first which is then cancelled.  Is the second promissory note valid? Elaborate.

c)      G pays Rs.500 to A, a civil servant employed in a Government department, in consideration of A’s promise that a Government contract which is at the disposal of his department will be placed with G.  Before this can be done, A is transferred to another department.  G now wishes to reclaim from A Rs.500/- paid to him.  Will G succeed, Justify.

d)     A, a merchant of Agra, made a contract to dispatch 100 quintals of gur to B at Delhi at a certain price and B paid Rs.500 as earnest money.  None of the parties knew that the Government had, sometimes previously, passed a law prohibiting transport of gur from one State to another.  A was unable, by reason of this law to send the gur. B claims damages for non – performance as well as refund of the earnest money.  Is he entitled to these remedies?

e)       A lady who knew that she was allergic to a particular hair dye developed dermatitis as a result of having her hair dyed with that substance. She did not disclose her allergy to the hair dresser. Is the hair dresser liable for breach of implied condition?

 

 

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St. Joseph’s College of Commerce II Sem Additional English Question Paper PDF Download

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St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – March / April 2016

B.COM (T.T.) – II SEMESTER

 C2  15 2AE: ADDITIONAL ENGLISH

Duration: 3 Hours                                                                                             Max. Marks: 100

Section -A

  1. I) Answer the following questions in about 200 words.   (6×10 =60)
  2. Compare and contrast the village setting of Kirumallige in the story Classmate and of the village surroundings in Card Sharper’s daughter. Use specific examples that the authors of the two texts have used to describe the village and its people.
  3. Examine the role of Dyamappa in Classmate and Petrovitch in The Overcoat. Do you find any parallels in their role and performance that offers the stories its uniqueness?
  4. What is the argument presented in the prose poem Let’s Beat up the Poor.  Do you agree with the writer’s approach to treat the poor? If no, what can be an alternative to it?
  5. India is a Strange Country and Telephone Conversation present two alternative ways of tackling racism and discrimination. According to you which text has a more powerful appeal and why?
  6. Amongst the three vachanas taught in the class, which one is more relevant to end racism and casteism in society? Also explain your reasons for it.
  7. Compare the circumstances that led to the death of Basvegowda in Classmate and death of Akakiy in the Overcoat. What is the metaphorical significance of death in the two- story?

Section – B

  1. Read the passage carefully and answer the following questions in about Two paragraphs each.  (4X10 =40)

The works of Satyajit Ray ( 1921-9 2) present a perceptive understanding of the relation between different cultures, and his ideas remain pertinent to the major cultural debates in the contemporary world – not least in India. In Ray’s films and in his writings, we see explorations of at least three general themes on cultures and their interrelations: the importance of distinctions between different local cultures and their respective individualities, the necessity to understand the deeply heterogeneous character of each local culture (even that of a community, not to mention a region or a country), and the great need for inter-cultural communication while recognizing the difficulties of such intercourse. A deep respect for distinctiveness is combined in Ray’s vision with an appreciation of the importance of inter-cultural communication and also the recognition of much internal diversity within each culture. In emphasizing the need to respect the individuality of each culture, Ray saw no reason for closing the doors to the outside world. Indeed, opening doors of communication was an important priority in Ray’s work. In this respect his attitude contrasts sharply with the increasing tendency to see Indian culture (or cultures) in highly conservative terms – wanting it to be preserved from the ‘pollution’ of Western ideas and thought. Ray was always willing to enjoy and learn from ideas, art forms and lifestyles from anywhere – within India or abroad.

Ray appreciated the importance of heterogeneity within local communities. This insight contrasts sharply with the tendency of many communitarians – religious and otherwise – who are willing to break up the nation into some communities and then stop dead exactly there: ‘thus far and no further’. The great film-maker’s eagerness to seek the larger unit (ultimately, his ability to talk to the whole world) combined well with his enthusiasm for understanding the smallest of the small: the individuality of each person. Distinctions and Communications There can be little doubt about the importance that Ray attached to the distinctiveness of different cultures. He also discussed the problems that these divisions create in the possibility of communication across cultural boundaries. In his book Our Films Their Films, he noted the important fact that films acquire ‘colour from all manner of indigenous factors such as habits of speech and behaviour, deepseated social practices, past traditions, present influences and so on’. He went on to ask: ‘How much of this can a foreigner – with no more than a cursory knowledge of the factors involved – feel and respond to?’ He observed that ‘there are certain basic similarities in human behaviour all over the world’ (such as ‘expressions of joy and sorrow, love and hate, anger, surprise and fear’), but ‘even they can exhibit minute local variations which can only puzzle and perturb – and consequently warp the judgment of – the uninitiated foreigner’. The presence of such cultural divides raises many interesting problems. The possibility of communication is only one of them. There is the more basic issue of the individuality of each culture, and questions about whether and how this individuality can be respected and valued even though the world grows steadily smaller and more uniform. We live at a time when ideas and practices spread across boundaries of countries and regions with great rapidity, and the possibility that something extremely important is being lost in this process of integration has aroused understandable concern. And yet cultural interactions, even in a world of deep inequalities, can also create space for creative innovations, which combine construction with vulnerability. The individuality of cultures is a big subject nowadays, and the tendency towards homogenization of cultures, particularly in some uniform Western mode, or in the deceptive form of ‘modernity’, has been strongly challenged. Questions of this kind have been taken up in different forms in recent cultural studies, especially in high-profile intellectual circles influential in the West (from Paris to San Francisco). While these questions are being asked with increasing frequency in contemporary India as well, there is perhaps some irony in the fact that so much of the Third World critique of ‘Western modernity’ has been inspired and influenced by Western writings.

Indeed, I find no evidence in Satyajit Ray’s work and writings that the fear of being too influenced by outsiders disturbed his equilibrium as an ‘Indian’ artist. He wanted to take full note of the importance of one’s cultural background without denying what there is to learn from elsewhere. There is, I think, much wisdom in what we can call his ‘critical openness’, including the valuing of a dynamic, adaptable world, rather than one that is constantly ‘policing’ external influences and fearing ‘invasion’ of ideas from elsewhere. The difficulties of understanding each other across the boundaries of culture are undoubtedly great. This applies to the cinema, but also to other art forms as well, including literature. For example, the inability of most foreigners – sometimes even other Indians – to see the astonishing beauty of Rabindranath Tagore’s poetry (a failure that we Bengalis find so exasperating) is a good illustration of just such a problem. Indeed, the thought that these non-appreciating foreigners are being wilfully contrary and stubborn (rather than merely unable to appreciate across the barrier of languages and translations) is a frequently aired suspicion. The problem is perhaps less extreme in films, in so far as the cinema is less dependent on language, since people can be informed even by gestures and actions. But our day-to-day experiences generate certain patterns of reaction and non-reaction that can be mystifying for foreign viewers who have not had those experiences. The gestures ­ and non-gestures – that are quite standard within the country (and understandable as ‘perfectly ordinary’) may appear altogether remarkable when seen by others.

Questions:

  1. What are the various themes explored in the films of Satyajit Ray? According to you which themes are least presented in the contemporary Indian cinema? You can use your own experiences of watching films in answering the questions.
  2. Explain the term ‘inter- cultural communication’. Do you think such forms of intercultural dialogue can be a threat to the culture and traditions of the local Indian communities?
  3. What are the fears and apprehension expressed by Amartya Sen in being limited to one’s cultural background? In what ways can various art forms create a larger space for homogenization of subjects?
  4. This semester you have read pieces from Indian Literature in English, Indian Literature in Translation and World Literature in Translation. In context of the above passage and your semester readings write about your experiences of reading translated works.

 

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St. Joseph’s College of Commerce Taxation – II Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM (T.T.) – VI SEMESTER
 C2 12 601: TAXATION – II
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Give four transactions which are not regarded as Transfer u/s 47.
  2. Find out the inflated cost for the A.Y 2015-16. Cost of the house purchased in 1976-77 for Rs.2,00,000 but FMV on 1.4.81 Rs.4,00,000.
  3. State the standard deduction for family pension received by the family members.
  4. If the net winnings from horse race is Rs. 2,10,000, Find the gross amount.
  5. Mention the provision of Section 80 DD.
  6. What are the twin benefits in respect of Interest on Post Office Savings Bank account?
  7. Give the provisions for set off and carry forward of Long term and Short term capital losses.
  8. What is Service Tax? What do you mean by Service?
  9. If ‘A’ purchases goods worth Rs. 20,000 from the manufacturer and adds value of Rs. 5,000, calculate the total sale price of the product, if VAT levied @ 12.5%.
  10. What is the proposal made by Finance Minister in Union budget 2016 regarding Sec 87A?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. From the following information relating to previous year 2014-15 compute capital gains of Mrs.Karishma.

  1. Purchased agricultural land(Agra city) in 1986-87 ( self-cultivated ) Rs.60,000
  2. Sold the land on 10.8.2014 for Rs.7,00,000
  3. Invested in purchase of a house on 10.9.2014 Rs.2,00,000
  4. Purchased another piece of agricultural land on 10.10.2014. Rs.1,50,000.
  5. CII = 1986-87 = 140, he does not own any other house.
  12. Compute income from other sources of Mr.Krishna, who held the following investments

a. Rs.11,000 , 10% Central Government Securities

b. Rs.36,000, 10% Tax-free commercial securities

c. Rs.6,300 received as interest on Tax free public limited company securities (listed)

d. Rs.7,200 received interest on Karnataka Government securities

e. Rs.4,000 received as interest on debentures of Deepak fertilizers (listed)

f. He also received the winnings from Karnataka State Lottery Rs.35,000

 

 
  13. Mr.X has a Gross Total Income of Rs.5,00,000 which included Rs.10,000 as long term capital gains for the A.Y 2015-16. During which year Mr.X made the following donations:

  1. National Defence Fund Rs.10,000
  2. Prime Minister’s National relief fund Rs.1,00,000
  3. To Family Planning Association of India Rs.10,000
  4. All India Congress Party ( Recognised political party ) Rs.1,00,000
  5. University of Allahabad ( Notified as Institute of National Eminence ) Rs.50,000
  6. Notified charitable hospital Rs.50,000

He also paid LIC premium of Rs.25,000 on a policy of Rs.2,00,000 which he acquired on 10th March 2015. Compute his relief in respect of Donations and LIC premium.
  14. Give in detail the provisions of Section 54 GB.

 
  15. Calculate the service tax payable by Rajshree Tours & travels assuming the given amounts are exclusive of tax.

a. Package tour to Australia – Rs.30,00,000

b. Package tours to Vaishno Devi – Rs.15,00,000

c. One day package tour to Shimla – Rs.4,00,000

d. Non package tour to Kerala – Rs.4,50,000

e. Hotel booking charges – Rs.1,00,000

f. Touring to American Embassy , New Delhi – Rs.50,000

g. One day non package tour to Naina Devi – Rs.70,000

 
  16. What do you mean by Agricultural Income? Calculate tax liability of Mr.Hasan. Net agricultural income Rs.50,000. Non Agricultural income – Rs.2,95,000.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17. Mr. Chandran sold the following assets:

  1. Shares sold for Rs.1,50,000 on 20.12.2014. these were purchased in Sept.1994 for Rs.40,000
  2. Sale of listed Debentures for Rs.20,000 on 31.1.2015. these were purchased in June 93 for Rs.30,000
  3. Sale of Residential House. It was inherited from his father in June 1979. It was built at a cost of Rs.1,00,000 by his father in 1975. Additions were made by him at a cost of Rs.50,000 in May 1992. Its Fair market value as on 1.4.1981 was Rs.1,80,000. Alterations and additions were made in March 2001 at a cost of Rs.40,000. This property was sold for Rs.28 lakhs in June 2014. The selling expenses were Rs.20,000 on brokerage. He purchased another residential house for Rs.2,50,000 in December 2014.

Compute his taxable gain for the A.Y 2015-16 if CII for 1981-82=100, 1992-93=223, 2000-01=406, 1993-94=244, 1994-95=259 and 2014-15=1024.

 

 
  18. Dr.P is a professor and a resident of India. He submits before you the following incomes for computing his income from other sources.

a. Salary Rs.15,600 p.m. from Vaishnav College.

b. He is the author of a text book which fetched him a gross royalty of Rs.20,000 in lump-sum and which in consideration of the transfer of copyright. He claims the following deductions from the amount:

-Salary to a clerk who collected for him necessary data and goes through the final proof reading Rs.3,000

-Purchased books worth Rs.400 in connection with the revision of the book

-Telephone expenses of Rs.1,600 attributed to the publication and sale of his book and other matters in connection with the printing of the new edition of the book

c. Income from articles which were published in Yojna Rs.4,000

d. He lives in a rented house paying rent @ Rs.3,000 p.m. he has sublet 1/3 portion of the house on a rent of Rs.1,500 p.m. Dr.P has undertaken the liability of paying municipal taxes of Rs.5,400 on the whole house and also current repairs of the whole house amounting to Rs.6,000

e. Dr.P received Rs.60 per lecture delivered at Ambedkar institute during the previous year. He delivered 20 lectures.

f. He is an examiner in university. This source gave him a remuneration of Rs.2,600. He incurred Rs.60 on postage etc. in connection with the examination work which were reimbursed by the university. He received Rs.400 as remuneration for invigilation work in the university examinations.

f.  His other incomes were

–          Wins from card games and betting Rs.6500

–          Wins from chess Rs.1,000

–          Received interest on Govt. of Nepal Bonds Rs.1,500

g.      Received Rs.2,000 as dividend from an Indian Co in which the public is substantially interested.

h. Income from agricultural land situated at Bangladesh Rs.7,000

i. Rs.800 p.m. scholarship received for research work from UGC.
  19. Mr.A provides following particulars of his income for the A.Y 2015-16. Find out his tax liability. Mr.A is 81 years old.

Salary income Rs.8,60,000

House property income ( computed ) Rs.40,000

Winning from lottery Rs.1,00,000

Profit on sale of shares (STT) ( short term ) –Rs.90,000

Long term capital gain on sale of plot Rs.2,20,000

 
  20. Mr.Rane has made the following payments during the year 2014-15. Compute the allowable deductions. His gross total income is RS.8,00,000.

  1. Rs.14,000 ( Rs.8,000 by cheque and RS.6,000 by cash) to General Insurance Corporation under Mediclaim. He also paid by cheque Rs.18,000 for medical insurance of his parents.
  2. 20,000 to ICICI PRU Insurance Pension Fund
  3. Rs.40,000 to a hospital for treatment of his minor son who is suffering from a notified chronic ailment
  4. RS.6,000 p.m. paid as rent of a house at Delhi. He does not own any other house.
  5. Rs.10,000 to a scientific research association
  6. Mr.Rane’s son is studying in a reputed management college and he took a loan of Rs.3,00,000 @ 10%p.a. from a Nationalised bank. He repaid RS.50000 which includes interest for that year.
  7. He contributed to Provident Fund Rs.1,000 p.m.
  8. LIC premium Rs.20,000 p.a. on a policy value of Rs.1,50,000. Policy acquired in 2008.
  9. He is also medically handicapped person and has been duly certified by the Govt. doctor.
  10. Repayment of house loan taken from LIC for residential house Rs.4,000 p.m. including Rs.1,000 p.m. as interest.

 
  21. a. Differentiate Sales Tax and Value Added Tax

b. How do you determine the Due date of Payment of Service Tax and Point of taxation?

c. Find out POT and Due date. Date of completion of service: June 12th 2015, Date of Invoice: June 21st 2015, Date of receipt of payment: 10th July 2015.
 

SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. Mr.Kunal Mehta furnishes the following particulars of his income for the previous year ending 31.3.2015.

a.      Income from house property (computed) Rs.26,200.

b.      He is a property linker and during the previous year earned an income of Rs.1,50,000 by way of commission.

 

c.       He had purchased a plot in Delhi for construction of house in October , 2001 ( CII – 426 ) for Rs.80,000. He sold this plot for Rs.3,10,000 during the previous year 2014-15 ( CII – 1024 ) and incurred the following expenses on transfer of the plot:

Advertising Rs.2,220

Brokerage Rs.10,000

d.     The interest on fixed deposit in a bank during the previous year amounted to Rs.18,400 . He earned during the previous year Rs.20,000 as prize money on Maharashtra State Lottery ticket. The cost of ticket was RS.500.

He deposited Rs.3,000 in his PPF account during the year and gave the following donations.

i.        To a Technology Development and Application Fund Rs.1,000

ii.     To a political Party ( registered ) Rs.1,000

iii.   To Rajiv Gandhi Foundation Rs.2,000

 

You are required to:

 

  1. Classify these incomes under different heads provided in Income tax act 1961
  2. Compute his GTI and Total income
  3. Determine tax liability for the AY 2015-16.

 

 

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St. Joseph’s College of Commerce Operation Research Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESER EXAMINATION – MARCH/APRIL 2016
 B.Com (T.T.) – VI SEMESTER
C2 12 602: OPERATION RESEARCH
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Give the meaning of Operation Research.
  2. What do you mean by a “feasible solution” in a transportation problem?  State any 3 methods of obtaining IBFS.
  3. What is an unbounded solution and a redundant solution of a LPP?
  4. What is a loop in transportation problem? Draw any 2 types of loops.
  5. Explain the term unbalanced and degenerancy in a Transportation Problem.
  6. What is an assignment problem?
  7. The Customers arrive at a booking office window every 2 minutes. It takes 1 minute for the person to serve the customer. Find Arrival rate and service rate of the queing system.
  8. State the advantages of simulation.
  9. Mention the steps involved in formulation of LPP.
  10. List any 4 areas of LPP applications.
 

SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. A firm produces two spare parts A and B using milling machine and grinding machine. The machine time required for each spare part and machine time available for each machine are given in the following table. The profit on selling each spare part is also given:

Machines Time required per unit for Maximum time available per day
Spare part A Spare part B
Milling machine 10 minutes 5 minutes 2500 minutes
Grinding machine 4 minutes 10 minutes 2000 minutes
Profit per spare part Rs.50 Rs.100  

Formulate a linear programming problem such that the number of spare parts A and B manufactured per week maximizes the profit.

 
  12. Explain the scope of Operation Research.

 
  13. Determine the initial basic feasible solution for the following Transportation problem by Least Cost method. The table given transportation cost from origins to destinations in ‘000s of rupees.

 

  Warehouses Availabilities
W1 W2 W3
Factories F1 9 8 16 120
F2 15 10 17 80
F3 3 9 12 80
Requirements 150 80 50 280
   

14.

  

A company has 4 salesmen A, B, C and D. These salesmen are to be allotted to 4 districts1, 2, 3 and 4. The estimated profit per day for each salesman in each district is given in the following table. What is the optimal assignment which will yield maximum profit?

 

  1 2 3 4
A 16 10 14 11
B 14 11 15 15
C 15 15 13 12
D 13 12 14 15
   

15.

  

In a drive-in restaurant the arrivals follow Poisson distribution with an average of 2 cars in every 15 minutes. The restaurant  can serve the customers at the rate of 5 minutes per customer and obey exponential probability distribution. Find out  a) The probability that the service is idle.

b) Expected time that the customer has to spend in the queue.

c) Average length of the queue.

 
  16. The daily production of mopeds in a factory varies from 146 to 154 depending upon the availability of raw material and other working conditions. The associated probabilities for various levels of production are highlighted in the following table:

Production per day 146 147 148 149 150 151 152 153 154
Probability 0.04 0.09 0.12 0.14 0.11 0.10 0.20 0.12 0.08

 

The finished mopeds are transported in a specially designed lorry accommodating only 150 mopeds to the maximum. If there is any excess moped produced over and above 150, they cannot find space in the lorry and hence can be carried over to the next day’s lorry for transport. Using the following random numbers  43, 18, 26, 10, 12 simulate the production levels for 5 days and obtain the answer to the following questions:

 

a)      What is the average number of mopeds waiting in the factory?

b)     What will be the average number of empty spaces on the lorry?
 

 

 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17.  a) “Model building is the essence of OR approach”. Describe the classification  of models in detail.

b)Explain the features of Operation research

(10+5)
  18. Plot a graph for the following constraints, Identify the feasible region and the Optimum solution of the LPP.

Max Z= 3x + 4y

Subject to constraints,

3x + y >= 6

x + y <=8

y<=4

x>= 2

where x, y >=0
  19. Determine the initial basic feasible solution for the following transportation problem by Vogel’ Approximation Method and also find optimal solution by MODI method.

Origins Destinations Availabilities
D1 D2 D3
O1 2 8 7 100
O2 10 11 12 90
O3 5 6 9 60
O4 8 3 5 100
Requirements 80 120 150 350
  20. Given the following cost matrix obtain the minimum operation time cost. Also state the optimum assignment using Hungarian method.

Men ->

Task

 I II III IV V
A 1 3 2 3 6
B 2 4 3 1 5
C 5 6 3 4 6
D 3 1 4 2 2
E 1 5 6 5 4
  21. In a market analysis, the following information was collected. Simulate for 6 trials . Workout the average profit.

RN for Selling Price         – 78, 43, 92, 87, 47, 83

RN for Unit Cost              – 23, 08, 28, 17, 73, 87

RN for sales volume        – 58, 86, 62, 06, 03, 52

 

Selling

Price

 Prob. Unit

Cost

 Prob. Sales

Volume

 Prob.
35 0.30 30 0.40 800 0.15
45 0.40 35 0.25 650 0.45
50 0.20 40 0.15 500 0.30
55 0.10 45 0.20 450 0.10
 

SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. A departmental store has a single cashier. During the rush hours, customers arrive every 3 minutes.  The average number of customers that can be processed by the cashier is 24 per hour. Assuming that the conditions for the single channel queuing model apply, find the following

a)      Utilization rate

b)     Probability that the cashier is idle

c)      Average number of customers in the queuing system.

d)     Average time a customer spends in the system.

e)      Average number of customers in the queue.

f)       Average time a customer spends in the queue waiting for service.

g)     The number of hours the cashier is idle if he works from 9am to 6pm.

 

 

 

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St. Joseph’s College of Commerce Integrated Marketing Communication: An Advertising Perspective Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM (T.T.) – VI SEMESTER
C2 12 603: INTEGRATED MARKETING COMMUNICATION: AN ADVERTISING PERSPECTIVE
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. What is Budget determination?
  2. Define Advertising according to American Marketing Association.
  3. Describe any two social issues in advertising.
  4. What is Bandwagon advertising?
  5. Give 6 examples of persuasive ads.
  6. What is Covert advertising? Give any two examples of the same.
  7. What is OTS?
  8. Explain Fighting/ Bursting.
  9. What are two major forms of Print Media?
  10. Give the meaning of Hoarding and Posters.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Advertising agencies are major supplies in IMC. With reference to the same, what the different types of agencies.
  12. Define  Social Media and write about 6 prominent example of Social Media
  13. What is Media Planning and what are the 3 major media objectives?
  14. Explain in detail the different approaches to setting an advertising budget.
  15. Elaborate  the DAGMAR approach to advertising.
  16. Elucidate on the importance of advertising in tourism and leisure marketing
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Research links consumers and organizations though information. With the marketing communications context explain in detail the steps in primary research.
  18. Elaborate the different types of appeals used in advertising.
  19. What is an Ad campaign? What are the various steps in creating  a successful ad campaign.
  20. Explain the different types of advertisements.
  21. What are the various steps in advertisement planning?
 

SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                           
  22. 23 March 2013:  Ford Apologizes for Offensive ‘Berlusconi’ Figo Ads    

A print ad used to promote the Ford Figo compact car in India is causing controversy among people who say it is offensive, distasteful and misogynistic. Indeed, the pitch has drawn so much fire that Ford Motor Co. has apologized for it.

The ad features a caricature of former Italian Prime Minister Silvio Berlusconi at the wheel of a Figo with three women bound and gagged in the car’s cargo bay. The Figo is known for its luggage capacity and Ford’s tagline for the car is, “Leave your worries behind with Figo’s extra-large boot.”

“We deeply regret this incident and agree with our agency partners that it should have never happened,” Ford said in a statement. “The posters are contrary to the standards of professionalism and decency within Ford and our agency partners.”

The Berlusconi ad is one in a trio of similarly styled ads that serve as examples of how advertising can approach, push, and violate the limits of public acceptance.

One of the other ads – which I found the least-creepy — shows caricature of Formula One driving ace Michael Schumacher with three rivals, Sebastian Vettel, Lewis Hamilton and Fernando Alonso, stuffed in the trunk.

In real life Schumacher is an aging ex-champion whose days of dominating the sport are behind him, largely because of the three younger drivers in the picture. Racing fans could get a laugh from it, though some people take offense at the very idea of tying people up and putting them in the trunk of a car.

Also of note: the hostage drivers’ mouths are tapes, but the women in the Berlusconi ad are gagged.

Another ad shows a Paris Hilton-like character hauling what appear to be the Kardashian sisters in the trunk. Again, we have an arguably washed-up figure trying to get rid of the competition. The grotesque style in which the people are drawn makes the Kardashian ad seem a bit more cringe-worthy.

Ford said it is reviewing its approval and oversight process with it advertising agencies “to help ensure nothing like this ever happens again.” In the end, though, the dust-up might help sell a few more Figos.

  Questions:                                

  1. If advertising agents are to build the reputation of the company, what created controversy in the above case?
  2. With reference to the above case, what is the role of advertising agencies?
  3. To make an impactful ad campaign discuss the various ethics in advertisement.
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St. Joseph’s College of Commerce International Airline Management (Elective P-III) Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM (T.T.) – VI SEMESTER
C2 12 605: INTERNATIONAL AIRLINE MANAGEMENT (ELECTIVE P-III)
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. What components constitute Airside Management?
  2. What are the services offered by Airlines?
  3. What are Aircraft Weight and Basic Weight?
  4. State the physical components of a terminal area.
  5. Define Medical Clearance Unit.
  6. What is a medium range aircraft?
  7. What is Unmanned Aircraft and Unmanned Aircraft System?
  8. What are the Anti-Hijacking measures?
  9. Explain Mobile Check-in.
  10. Define Sterile and Non Sterile area.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Explain the procedure for Special Passenger : Passenger requiring Medical assistance.
  12. Explain different types of baggage’s in detail.
  13. Explain the Wardrobe Essential for men and Women.
  14. Define CRM. Explain what CRM IS and IS NOT.
  15. Explain the Aircraft System and Terminology.
  16. What techniques are adopted to make customer feel important?
 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17. State the Physical Components of a Terminal Area.
  18. Explain in detail different kinds of check in procedures?
  19. Explain the Theory of flight.
  20. Explain the Ground and Flight safety measures.
  21. How to calm customers on telephone?
 

SECTION – D
IV) Case Study                                                                                                          (1×15=15)                                                                                           
  22. The Charkhi Dadri Mid Air crash killed all 349 people on board both planes, making it the world’s deadliest mid-air collision, the deadliest aviation accident to occur in India, and the third-deadliest aircraft accident in the

 

 

 

 

 

 

history of aviation.  With reference to the above case write an essay covering the following:

 

  • Introduction.
  • Summary.
  • Investigation Reports and the Cause of Midair Collision.
  • Conclusion.

 

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St. Joseph’s College of Commerce Entrepreneurship Development Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESER EXAMINATION – MARCH/APRIL 2016
                                                      B.COM (T.T.)-VI SEMESTER
C212 604: ENTREPRENEURSHIP DEVELOPMENT
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Who is an Entrepreneur?
  2. What are the elements of a Business Plan?
  3. Differentiate between a Partnership firm and a Joint Venture firm of Organisation.
  4. What is the meaning of Copyrights?
  5. Who is a Social Entrepreneur?
  6. State any two factors which affect the Financial aspects of a Business Plan.
  7. Who is an Intrapreneur?
  8. What is the meaning of Permanent Registration?
  9. What is the meaning of Intellectual Property?
  10. What are the objectives of Angel Investors?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Briefly explain the main functions of an Entrepreneur ?
  12. Write short notes on the importance of Licensing.
  13. What are the challenges faced by an entrepreneur while starting a New Venture?
  14. Explain the meaning of Trademarks and the process of creating and dealing with Trademarks in an Entreprise.
  15. Briefly explain the Social aspects of a Business Plan.
  16. Explain the different types of Patents.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Explain the various qualities to be possessed by a successful entrepreneur.
  18. How can an Entrepreneur seeking funds launch a business, convince potential lenders and investors that a market for the product or service really exist?
  19. Explain the reasons for the failure of an Enterprise.
  20. Briefly explain the problems faced by Family Owned Business.
  21. Explain the factors which motivate women to start their own business.
SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                           
  22. Great ideas for destination development don’t   always require huge investment. Some of the most innovative approaches grow out of adversity and the need to count the pennies.

Loddon Shire Council, about an hour from Bendigo in Victoria’s north-west, is not a mainstream tour- ism area, but the stories, the characters and the enterprise in some of the towns is the stuff that many city people love to hear.

The small towns of Wedderburn, Inglewood Tarna- gulla and Bridgewater have a gold heritage, while Pyramid Hill and Boort have grown-up on the  prosperity that irrigation brought to rural Australia. There’s also a significant indigenous heritage.

Former tourism operator, Robyn Vella, began    Loddon Valley Tours several years ago as a way to attract greater visitation to her family’s Eucalyptus distillery in Wedderburn. She soon found that her groups were as much interested in the lifestyle of the local area as they were in gold and heritage. For urban-based people it was often their first real contact with small rural communities and they were fascinated to learn how the locals lived, worked and coped with trauma such as prolonged drought.

The simple tourism based tours grew into over- night visits, which included extended drives through the farming district. Guests arrange their own charter bus and stay at the town’s only motel.

With almost no marketing budget to spread the word, Robyn uses her best assets to promote the tours – her personality and unbounded enthusiasm.  She regularly visits Melbourne’s Probus clubs to provide their members with a free talk on ‘surviving life in a country town’.

 

Her positive attitude and ability to connect with people generates an increasing number of bookings for the two and three night group tour packages.

Loddon Valley Tours became important to the Shire’s image and was a new economic injector, so much so that the council agreed to take over the concept and bring Robyn onto their staff to manage the program. The tours are revenue-positive for the Council and they enable the area to present itself to the outside world as a dynamic community that has managed to survive the economic rational- ism of the 90s and the drought of this decade.

The tour programs have flexible components to suit the budget, time frame and interests of each group. Step-on guides accompany the bus each day to highlight the particular towns and features. These can range from the vast expanse of Abo- riginal canoe trees in Boort’s Big Lake to the largest olive groves in the Southern Hemisphere along the Charlton Road. Each guide is a likeable and knowledgeable local person who takes great pride in showcasing their area to the city visitors.

Questions:

  1. From the above case study, describe whether innovation or proper funding is of greater importance in the tourism industry.
  2. Explain the effect of being aware of your target demography in tourism.
  3. Other than promotion what other skills are required for long term success in the tourism industry.

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St. Joseph’s College of Commerce Air Cargo And Logistics Management (Elective P-IV) Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM  T.T –  VI SEMESTER
C2 12 606: AIR CARGO AND LOGISTICS MANAGEMENT (ELECTIVE P-IV)
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Round the weight and size of the consignment

a) 22  3/6  x  39  4/9 x 28 3/10 inchs

b) 45.6 x 52.2 x 61.9 cms
  2. Write brief note on Cargo Agent
  3. Who is break bulk agent?
  4. What is take-off fuel?
  5. Round off the Currency

a) Iraq IQD 36.4836

b) Madagascar  MGA 43683.34
  6. Explain Valuation charge
  7. What is shipper’s letter for Dangerous goods?
  8. What is NOTOC?
  9. What are the various  types of wide-body aircraft
  10. Who is Logistician
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. How to become a cargo agent?
  12. Find the volume weight and chargeable weight of the following consignment

a) No. of Pieces: 10 Boxes                             b)  No. of Pieces: 8 Cartons

Gross Wt: 740 Kgs                                    Gross Wt: 440 Lbs

Dims: 24 x 36 x 33 inchs                              Dims: 14 3/9 x 19 1/5  x 17 8/9 inchs

 
  13. Write down the maximum take-off weight divisions.
  14. Write airport storage facility requirement for Live animal.
  15. Calculate the Class rate for the consignment.

From: Lahore, Pakistan  (Area 3)     To: Bern, Switzerland (Area 2)

Commodity: Monkey

Pieces: 10 Cages

Total Gross weight: 520 Kg

Dimensions: 65 x 22 x 88 cms

 
  16. Write a note on Business logistics.

 

 

 

 
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Define the features, service price structure  offered by the Consolidator.
  18. Calculate the Precedence of rate and charges with valuation charge

From: Kualalumpur, Malaysia  ( KUL) (Area 3)  To: Panama city, Panama (Area 1)

Commodity: Baggage Shipped as cargo

Pieces: 2 suitcase

Total Gross weight: 87 Kgs

Dimensions: 95 x 65 x 57 cms

Declared value of Carriage: MYR 12300

 
  19. Describe  the dangerous goods transportation procedures.
  20. Calculate the SCR and Class Rate of the following consignments

From: Taipei, Chinese Taipei (Area 3)     To: Stockholm, Sweden (Area 2)

Commodity: Gold Sheet

Pieces: 3 Cartons

Total gross weight: 180 Kgs

Dimensions: 78 x 68 x 82 cms
  21. Discuss the role of logistics.
SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. Calculate the SCR for the consignment and issue the air way bill as instructed in the shippers letter of instruction

 

From: Lahore, Pakistan (Area 3)               To: Bern, Switzerland (Area 2)

Commodity:  Pineapples

Pieces: 10 Boxes

Total gross weight: 154 Kgs

Dimensions: 46 x 48 x 52 cms

Declared Value of  Carriage: PKR 350000

 

a) The additional charges incurred are:

Airway bill fee due agent                            PKR 122.38

Clearance due carrier                                   PKR  337.24

Marking and labeling due carrier              PKR 223.14

Surface charges due agent                           PKR  119.32

Miscellaneous due agent                              PKR  201.11

 

b) The name of the agent: Al-Amin Forwards

c) The place of issue: Pakistan

d) Agent Code: 25-3-8293

e) Preferred routing: Lahore (LHE)– Air France (AF) – Bern (BRN) Switzerland

f) Issuing Carrier: Air France (Prefix No. 718 )

 

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