Briefly explain the powers and duties of an auditor? SRI … · 2018-10-27 · Explain the...

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I Semester B.Com (CBCS) Commerce – Practice Paper – October 2018 Subject: Corporate Administration Max Marks: 70 Marks SECTION A Answer any FIVE Questions Sub question. Each Sub-question carries 2 marks 02x05=10 Marks 1. What is Book Building? 2. Define Manager? 3. What is CSR committee? 4. What do you mean by Perpetual Existence? 5. What is Agenda? 6. What do you mean by Global Company? 7. What is E filing? SECTION B Answer any THREE Questions Sub question. Each Sub-question carries 6 marks 03x06=18 Marks 1. Explain the different concept of directors? 2. What are the features of Global companies? 3. Write the advantages of Joint Stock Company? 4. Explain the features and contents of prospectus? 5. What are the essentials of a valid meeting? SECTION C Answer any THREE Questions Sub question. Each Sub-question carries 14 marks 03x14=42Marks 1. What are the advantages and disadvantages of MNC’s for the Host country and Home Country? 2. Explain in detail the role of Audit Committee? 3. Briefly explain the salient features of Companies Act 2013? 4. Explain the steps involved in the Incorporation of a Company? 5. Explain the types of corporate meetings in detail? SRI BHAGAWAN MAHAVEER JAIN EVENING COLLEGE [Affiliated to Bengaluru Central University] V V Puram, Bangalore – 560 004

Transcript of Briefly explain the powers and duties of an auditor? SRI … · 2018-10-27 · Explain the...

1. Briefly explain the powers and duties of an auditor?

I Semester B.Com (CBCS) Commerce – Practice Paper – October 2018 Subject: Corporate Administration Max Marks: 70 Marks

SECTION A

Answer any FIVE Questions Sub question. Each Sub-question carries 2 marks 02x05=10 Marks

1. What is Book Building? 2. Define Manager? 3. What is CSR committee? 4. What do you mean by Perpetual Existence? 5. What is Agenda? 6. What do you mean by Global Company? 7. What is E – filing?

SECTION B

Answer any THREE Questions Sub question. Each Sub-question carries 6 marks

03x06=18 Marks

1. Explain the different concept of directors? 2. What are the features of Global companies? 3. Write the advantages of Joint Stock Company? 4. Explain the features and contents of prospectus? 5. What are the essentials of a valid meeting?

SECTION C

Answer any THREE Questions Sub question. Each Sub-question carries 14 marks 03x14=42Marks

1. What are the advantages and disadvantages of MNC’s for the Host country and Home Country? 2. Explain in detail the role of Audit Committee? 3. Briefly explain the salient features of Companies Act 2013? 4. Explain the steps involved in the Incorporation of a Company? 5. Explain the types of corporate meetings in detail?

SRI BHAGAWAN MAHAVEER JAIN EVENING COLLEGE [Affiliated to Bengaluru Central University]

V V Puram, Bangalore – 560 004

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I Semester B.Com (CBCS) Commerce – practice paper – 2018

Subject: Indian Financial System Max Marks: 70 Note: 1. all sections are compulsory 2. Illustrate wherever necessary

SECTION – A Answer any FIVE Sub question. Each Sub-question carries 2 marks (02x05=10 Marks) 1.(a) Give the meaning of financial institutions. (02 Marks) (b) Expand NBFC and NABARD. (02 Marks) (c) What is Primary market? (02 Marks) (d) What is lender of last resort? (02 Marks) (e) Give the meaning of open market. (02 Marks) (f) When is a bank considered as Scheduled bank? (02 Marks) (g) State any two features of financial service. (02 Marks)

SECTION – B Answer any Three Questions. Each question carries 6 marks (03x6=18 Marks) 2. Briefly explain functions of financial system. (6 Marks) 3. Distinguish between Primary Market and Secondary Market. (6 Marks) 4. Explain, briefly the features of a developed Money Market. (6 Marks) 5. State the functions of SEBI. (6 Marks) 6. What are the promotional functions of RBI? (6 Marks)

SECTION – C Answer any Three Questions. Each question carries 14 marks (03x14=42Marks) 7. Give the meaning of financial system and briefly explain its components. (14 Marks) 8. Explain the Quantitative and Qualitative credit control of RBI. (14 Marks) 9. What is stock exchange? Discuss the merits & demerits of stock exchange. (14 Marks) 10. What is mutual fund? Explain the different types of mutual funds. (14 Marks) 11. Explain in detail the different types of financial services. (14 Marks)

SRI BHAGAWAN MAHAVEER JAIN EVENING COLLEGE [Affiliated to Bengaluru Central University, Bengaluru

V V Puram, Bangalore – 560 004

I Semester B.Com (CBCS) Commerce –Mock Paper– Oct 2018

Subject: Marketing and Services Management Duration:3:00 Hr Max Marks:70 Note: 1. All sections are compulsory 2. Illustrate wherever necessary

SECTION – A Answer any FIVE Questions Sub question. Each Sub-question carries 2 marks 02x05=10 Marks) 1. What is Market? (02 Marks) 2. What is Market Segmentation? (02 Marks) 3. What are elements of Service Marketing mix? (02 Marks) 4. Give the meaning of ‘Marketing Environment’. (02 Marks) 2 5. What is Green Marketing? (02 Marks) 6. What is Consumer Behavior? (02 Marks) 7. Write any two models of E- Business. (02 Marks)

SECTION – B Answer any Three Questions Sub question. Each Sub-question carries 6 marks 03x6=18 Marks 8. Explain the objectives of Pricing. (6 Marks) 9. Describe Service Process. (6 Marks) 10. Explain the Promotion Mix. (6 Marks) 11. Write short notes on ‘Selling Concept’ and ‘Marketing Concept’. (6marks) 12 Differentiate between Products and Services. (6marks)

SECTION – C Answer any Three Questions Sub question. Each Sub-question carries 14 marks03x14=42Marks 13. Define services. Explain the characteristics of services. (14 marks) 14. Explain the bases of Market Segmentation. (14 marks) 15. Explain the stages involved in New Product Development. (14 marks) 16. What is Product Life Cycle? Explain the various stages of PLC. (14 marks) 17. Briefly explain the significance of Tourism. (14 marks)

SRI BHAGAWAN MAHAVEER JAIN EVENING COLLEGE Affiliated to Bengaluru Central University, Bengaluru

V V Puram, Bangalore – 560 004

Sri Bhagawan Mahaveer Jain Evening College, V.V. Puram, Bengaluru

Practice Paper 2018 I SEM B. Com

Time: 3 hrs. ENGLISH Marks: 70 SECTION – A

(Prose & Poetry – 40 Marks) I Answer any five of the following in two or three sentences each.(5out of 8) 5x2=10

1. What was Behrman’s dream in “The Last Leaf”? 2. How did the grandfather impress the crowds with the Python in “All Creatures Great and Small” by Ruskin Bond? 3. List any two things that man will do by planting a tree according to Henry Cuyler Bunner. 4. How did Suresh defend himself when Sohrab asked him about the unfair distribution of property in “Daughter”

written by Lata Jagtiani? 5. How can one change one’s destiny according to Khalil Gibran with reference to “The Ploughman?” 6. What did Anne Sullivan give Helen Keller after she came? Who had sent it? 7. What happens during Christmas time at the bookshop according to George Orwell in “Bookshop Memories?”

II Answer any four of the following in a paragraph of about 80-100 words / a page each. 4x5=20

1. Why was Behrman’s final work masterpiece? Explain. 2. Discuss how one plants the forest’s heritage with reference to “ Heart of the Tree”. 3. Describe Aunt Mable’s reaction to the presence of the Python. 4. Deepa’s brothers were only an extension of their father’s mindset. Explain. 5. How are the misconceptions about work dispelled in the poem ‘The Ploughman’? 6. Why wasn’t the narrator satisfied with his own book? 7. Why are short stories not so popular as novels as mentioned in ‘Bookshop Memories’?

III Answer one of the following in about 200-250 words / 2 pages each. 1x10=10 1. “Although the world is full of suffering, it is also full of the overcoming of it”. Elaborate this with reference to

“My Teacher” by Helen Keller. 2. How have the narrator’s experiences of working in a bookshop altered his whole outlook on books and the

process of reading with reference to “Bookshop Memories?” 3. “Humour is not merely laughing at others, but also laughing at oneself.”How is this brought out in “A

Conversation with a Reader”?

SECTION B GRAMMAR

IV Read the following passage and answer the questions set on it. 5x1=5 When the Parsis first came to Gujarat, the king didn’t want them to settle there. He had already too many people in the kingdom. So he sent the Parsi community a diplomatic, symbolic message: a full glass of milk, to indicate the glass could contain no more. The Parsis poured a spoonful of sugar into it and stirred it, and sent back the glass of milk –indicating that like sugar they would mix with the population, take no extra space, and sweeten it all. The king was pleased and persuaded. The Parsis came to stay.

1. Where did the Parsis first come? 2. Why did the king not want the Parsis to settle there? 3. What did he send the Parsi community ? 4. Why did the Parsis pour a spoonful of sugar? 5. What message does the passage convey?

V Choose the correct one of 2 similar looking words (homophones) to complete the sentence 2

1. The innocent man appealed for a ---------(fair / fare ) judgement. 2. Bengaluru is known for its pleasant ------- (whether/weather).

VI Choose the most suitable synonym from the given words below 2

1) traverse a) find b) peculiar c) travel d) common

2) scoff a) ridicule b) explain c) conceal d) decompose

VII Choose the correct form of the verb that agrees with the subject. 1

1. The orator and the statesman ..................(have/has)been invited.

V 1.You meet your old friend after two years at the bus stop. How will you start a conversation with him? 2

___________________________________________________________________

____________________________________________________________________

2. Fill in the blanks with suitable articles and prepositions 3

-------- a little district ------ Washington Square the streets have run crazy and broken themselves …………. Small strips called “places.”

3. Fill in the blanks with suitable form of the verb. 3

Books ------- (be) a great source of wisdom. They ----- (guide) us in childhood and youth and entertain us as we------- (age).

VI 1. Develop the following hints into a short story and suggest a suitable title. 4

Two women – claim the same child – no witness – difficult to decide – go to the king demand justice – child to be cut in two parts – the first woman quiet – the second woman falls at the king’s feet – prays don’t cut – prays to give up the child – king’s judgement –the second woman, the real mother – the other woman punished.

2. Write an essay on (1 out of two topics) 4

1) Internet, the greatest gift of the modern century 2) Start-ups

VII Read the following passage and then make a summary of it: 4

A recent poll on the subject of fear asked people to respond to a list of eight common phobias. The list included speed, heights, lifts, crowds, flying, confined spaces, open spaces, and the dark. It excluded things like snakes and spiders that are inherently dangerous. The poll revealed that more women than men admitted to experiencing fear. Before you jump to the conclusion that men are braver than women, you should be warned that one explanation for the figures may be that men are less inclined than women to owning up to fear. The poll also indicated that fear tends to increase with age and decrease with educational level.

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I Semester B.Com (CBCS) Commerce –Practice Paper – October 2018

Subject: Methods and Techniques for Business Decisions Duration: 1:Hour Note: 1. All sections are compulsory 2. Illustrate wherever necessary

SECTION – A (Answer any FIVE Questions Sub question. Each Sub-question carries 2 marks)(02x05=10 Marks)

1. Define are complex numbers? (02 Marks)

2. What is polynomial equation? (02 Marks)

3. What do you mean by bankers gain? (02 Marks)

4. What do you mean equality of matrix? (02 Marks)

5. Define annuity (02 Marks)

6. Define Arithmetic progression (02 Marks)

7. Find the compound interest on Rs. 20000 at 6 % p.a. for 4 years. (02 Marks) SECTION – B

(Answer any THREE questions Sub question. Each Sub-question carries 6 marks) (3x6=18 Marks )

1 Find the least number of equal size tiles required to lay the ceiling of the room, measuring 15mts 17 cms long and 9 mts 2 cms broad. (6 Marks)

2 2m+3n=8 ; 3m+2n=7 and 4m-3n=5p-17 Find the value of p (6 Marks)

3 If A= B= Find A2-B2 (6 Marks)

4 Sum of 3 numbers in G.P is 14 and their product is 64. Find the numbers? (6 Marks)

5 8 men or 16 boys can do a work in 39 days. In how many days will 8 men 18 boys will do the work. (6 Marks)

6 The difference between bankers discount and true discount on a certain sum of money due 4 years at 5 % is Rs. 20. Find the sum? (6 Marks)A

SECTION – C (Answer any three Questions Sub question. Each Sub-question carries 14 marks) (3x14=42Marks )

1

a. A manufacturer produces 3 products A, B and C which he sells in two markets P and Q. The annual sales volume are indicated as follows

Market Product A B C P 10000 2000 18000 Q 6000 20000 8000

If the sales prices of A, B and C are Rs. 2.5, Rs 1.25 land Rs 1.5 respectively (i) Find the total sales revenue in each market with the help of matrix algebra (ii) If the unit cost of the above 3 commodities are Rs. 1.8. Rs. 1.2 and Rs. 0.8 respectively. Find the gross profit?

b. Find the inverse of the matrix

(14 Marks)

2 a)Solve by method of substitution (14 Marks)

SRI BHAGAWAN MAHAVEER JAIN EVENING COLLEGE [Affiliated to Bengaluru Central University, Bengaluru

V V Puram, Bangalore – 560 004

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X+2Y=7 ; 2X-Y=4 b) A man saved Rs 16500 in 10 years. In each year after the first he saved Rs. 100 more than in the preceding year. How much did he save in the first year?

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a) A purse contain coin consisting of 1 Re, 50 paise and 25 paise. If the coins are in the ratio 2:3:10 and the total value is Rs. 72. Find the number of coins of each kind. b) A contractor undertakes to do a piece of work in 60 days and employees 300 men but after 40 days he finds that only 3/5ht of work has been completed. How many extra men be engaged so that the work may be finished in time.

(14 Marks)

4

a) A person invest Rs 200 for 5 years and Rs 500 fro 2 years the ROI being the same in both the cases. If he receives altogether Rs. 125 as interest. Find the ROI b) Find the compound interest on Rs. 3550 in 3 years. If the ROI is for 1st year is 5% , 6% for the 2nd year and 7% for the 3rd year.

(14 Marks)

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a) A bill was drawn on April ! 2014 for RS 15000 due in 6 months and discounted on July 23 2015 at 6 % find a. Bankers Discount b. True Discount c. Discounted value of the bill d. Banker’s Gain. b) Calculate the amount of an annuity of Rs. 5000 for 15 years at 12% p.a. compound interest

(14 Marks)

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I Semester B.Com (CBCS) Commerce – Practice Paper – October 2018

Subject: Financial accounting ( Practice Paper) Duration:3 hours Time: 6:30 PM to 8:00 PM Max Marks: 70 Note: 1. All sections are compulsory 2. Illustrate wherever necessary

SECTION – A Answer any FIVE Questions Sub question. Each Sub-question carries 2 marks 02x05=10 Marks)

1. Define accounting? (02 Marks)

2. Find out the cost of goods sold from the following information sales- 1,00,000; and gross profit ratio 25% on cost (02 Marks)

3. What is down payment? (02 Marks)

4. What is hire purchase system? (02 Marks) 2

5. What is minimum rent? (02 Marks)

6. What do you mean by purchase consideration? (02 Marks)

7. Mention any two objectives for conversion of firm into joint stock company ? (02 Marks)

SECTION – B

Answer any TWO Questions Sub question. Each Sub-question carries 6 marks 03x6=18 Marks

8.

Calculate the amount of purchase consideration from the following details the purchasing company agreed to issue 15,000 equity shares of 10 each valued at 12 per share; 6,000, 6% debentures of 10 each at a discount of 5% pay cash equal to 10% of face value of shares and debentures issued.

(6 Marks)

9.

From the following information find out opening stock Purchases- 22,000; sales – 33,000; closing stock – 2,000; wages – 500; indirect expenses- 700; rate of gross profit on cost ½; return outwards – 2,000; return inwards – 3,000

(6 Marks)

10.

On 1/1/1996 X company took a delivery from A company, a machine on hire purchase system. 1,500 paid on delivery and balance in 5 annual installments of 3,000 each payable annually on 31st December. The cash price of the machine was 15,000. Calculate the interest for each year.

(6 Marks)

11

Prepare analysis table from the following details Royalty payable- 0.50p per ton of output; minimum rent – 7,500 pa; right of recoupment of short workings – up to 3 years; output during the first 3 years was 10,000; 14,000; 18,000. Tons respectively.

(6 Marks)

12 Briefly explain the different branches of accounting? (6 Marks) SECTION – C

Answer any TWO Questions Sub question. Each Sub-question carries 14 marks 03x14=42 Marks

11. Briefly explain the concepts and conventions of accounting? (14 Marks)

12. On 1st January 1997 Mr. Arun purchased a machine from pai (14 Marks)

SRI BHAGAWAN MAHAVEER JAIN EVENING COLLEGE [Affiliated to Bengaluru Central University]

V V Puram, Bangalore – 560 004

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internationals on hire purchase basis. The cash price of the machine was 25,000; payable 5,000 on signing of the agreement and balance in 4 annual installments of 5,000 plus interest at 5%P.A. payable on 31st December each year. Mr. Arun write off depreciation @ 10% P.A. on diminishing value. Pass necessary ledger accounts in the books of Mr. Arun

13.

A Karnataka minerals ltd. Acquired a lease from land lord for the purpose of extracting ore. It was agreed that the company should pay 12per ton of ore raised, minimum rent was 36,000. And short working could be recouped on first 3 years. The output raised for first four years was 1st year – 1750; 2nd year – 2750; 3rd year – 3750; 4th year – 4750; Pass necessary journal entries.

(14 Marks)

14

Rama, shama and Bhama are partners sharing profits and losses in the ratio of ½, 1/3, 1/6. Respectively. They decide to sell their firm to Chandra and company. On 31st march 2012 their balance sheet as at that date was as follows.

Liabilities Amount Assets Amount Creditors Capital accounts Rama Shama Bhama

24,000 52,200 24,000 18,000

Machinery Stock Debtors 30,000 Less: provision 3,000 Cash Profit and loss account

34,200 30,000 27,000 18,000 9,000

1,18,200 1,18,200 Chandra ltd. Was registered with a authorized capital of 1,50,000( shares of 100 each). The purchase price was agreed at 98,700. The company paid the purchase price by issue of 540 fully paid shares and balance in cash. Partners agreed to share the shares received in their final claim ratio. Prepare necessary ledger accounts to close the books of firm.

(14 Marks)

15

Govinda carries a business and does not keep his books on double entry basis. The following the details have been extracted in the books

Particulars 1/4/2011 31/3/2012 Plant and machinery 18,000 18,000 Stock 8,000 7,000 Debtors 2,000 3,000 Creditors 5,000 4,660 Cash 4,000 ?

Analysis of his cash book for the year ending showed the following balances

Wages Sundry expenses Advertising Rent Carriage Cash received from debtors Cash paid to debtors Drawings

6,000 2,500 1,120 2,500 2,460 82,500 64,340 3,120

(14 Marks)

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During the financial year 2011-12 Govinda had taken from his business for own consumption which amounted to 780. Purchase returns during the year was 2,000 and sales returns during the year was 1,000; depreciate machinery at 5%. Prepare trading profit and loss account and balance sheet for the year ending 31/3/2012