FACULTY OF COMMERCE. Elective II : Paper 306 Insurance Non-Life Insurance Time : 3 Hours Max. Marks : 70

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1 FACULTY OF COMMERCE Code No. 029 / E (Common Paper for General, Computers, Computer Applications (Voc.) and Vocational Courses) Insurance Non-Life Insurance 1 Concept of Risk Pooling 2 General Insurance 3 Proximate Cause 4 Certificate of Insurance 5 Fire Insurance 6 Cover notes 7 Claims 8 Liability for Insurance Policies 9 (a) Define General Insurance. Explain the market share of General Insurance. (b) What is General Insurance? Role of Intermediaries in General Insurance. 10 (a) What is Insurable Interest? What is the principle of Insurable Interest? (b) What is Indemnity? What are the elements of Indemnity? 11 (a) Define Insurance. Explain the features of Insurance. (b) What is Endorsement? Explain various types of Endorsements. 12 (a) Write detailed notes on: (i) Marine Insurance (ii) Miscellaneous Insurance (b) Explain briefly about Motor and Liability Insurance policies. 13 (a) Define Negotiation. What procedure to be followed in Insurance claims? (b) What is Claim Investigation? What care is to be taken in Claim Investigation?

2 FACULTY OF COMMERCE Code No. 030 / E (Common Paper for General, Computers, Computer Applications (Voc.) and Vocational Courses) Banking Computer Applications in Banking 1 Security Information Systems in banks 2 Software Agents 3 NFT (National Fund Transfer) 4 Document Storage 5 Magnetic Stripe 6 Computer Output to Microphone (COM) 7 ATMs in India 8 Internet Banking 9 (a) Discuss the approaches adopted by the Nationalised Banks for Computerization. (b) Security Information Systems in Private Banks Discuss with an example. 10 (a) Discuss the impact of Commercialization of banking transactions through Internet. (b) Discuss advertising and marketing on the internet of any Public Sector Bank. 11 (a) What are the challenges faced by the banks in implementing security measures in detecting fake currency? (b) Discuss the importance and methods of Cheque Clearing. 12 (a) Discuss the uses of Computers in handling Foreign Exchanges. (b) Explain Document Storage Retrival System. 13 (a) Discuss Investment Management System in banks. (b) Explain Statistical Analysis Transmission.

3 FACULTY OF COMMERCE B.Com. III Year Examination, March / April 2016 (Only for General Courses) Code No. 031 / E Elective-II (Paper-306) Accountancy I Management Accounting Time : 3 hours Max. Marks : 70 Part A (5 X 4 = 20 Marks) I Answer any Five questions. Answer to theory questions should not exceed 20 lines each. 1 Objectives of Management Accounting. 2 Uses of Financial Statements. 3 Concepts of Fund 4 What is Capital Budgeting? 5 From the following information, prepare a Comparative Income Statement : Particulars Year 2013 Year 2014 Sales Cost of Goods Sold Distribution Expenses Other Income Income Tax Gross Profit Ratio is 25% on Sales, Total Gross Profit is 4,00,000 and Cash sales 4,80,000. Average Debtors 3,80,000. Calculate Debtors Turnover Ratio. 7 Calculate Cash from Operations from the following : Particulars Profit and loss Appropriation Account Provision for Depreciation Goodwill General Reserve Preliminary Expenses 31 st Dec st Dec Original Investment Useful life = 5 years Annual Cash Inflow from Operation = 8000 Minimum desired rate of return = 10% Calculate Net Present Value II Part B (5 X 10 = 50 Marks) Answer all questions. Answer to theory questions should not exceed Four pages each. 9 a) What are the functions of Management Accounting. b) Discuss the reporting needs of different levels of Management...2

4 Code No. 031 / E a) The following are the Balance Sheets of Sonu Ltd. for the years ended and Liabilities Assets Equity Capital Preference Capital Reserves Profit & Loss Account Overdraft Creditors Tax provision Land & Buildings Inventory Debtors Bills Receivables Prepaid Insurance Cash at Bank Prepare a Comparative Balance Sheet and Comment. b) The following are the two Balance Sheets of Bala Ltd, and Mani Ltd.as on Liabilities Bala Ltd Mani Ltd Assets Bala Ltd Mani Ltd Sundry Creditors Bills Payable Bank Overdraft Loan Capital Cash in Hand Sundry Creditors Closing Stock Prepaid Insurance Cash at Bank Land & Buildings Prepare Common Size Statement and make comments. 11 a) The following Trading and Profit and Loss Account is given Bring it down as heading of the table. Trading and Profit and Loss Account for the year ended 31 st December Dr. Cr. Particulars Particulars To Opening Stock To Purchases To Wages To Gross Profit c/d By Sales By Closing Stock To Salaries To Interest paid To Loss on asset sold To Net profit Calculate : a) Gross Profit Ratio By Gross Profit b/d By Interest and Dividends b) Net Profit Ratio c) Operating Ratio d) Operating Profit Ratio and e) Stock Turnover Ratio

5 - 3 - b) From the following information, you are required to prepare balance sheet i) Current Ratio 1.75 ii) Quick Ratio 1.25 iii) Cost of Sales / Closing Stock 8 iv) Gross Profit Ratio 20% v) Debt Collection Period 1.5 months vi) Reserves and Surplus to Capital 0.4 vii) Turnover to Fixed Assets 1.2 viii) Capital Gearing Ratio 0.50 (Long Term Debt / Equity Capital) ix) Fixed Assets to Networth 1.25 x) Sales for the year Code No. 031 / E 12 a) The following are summaries of balance sheets of a company as on 31 st March 2013 and 31 st March Particulars Share Capital Reserves and Surplus Depreciation Fund Bank Loan Sundry Creditors Proposed Dividend Provision for Taxation Land and Buildings Plant and Machinery Closing Stock Sundry Debtors Cash at Bank Additional Information : A Machinery which was purchased earlier for was sold for The book value of the machine was The company also Purchased new equipment during the year The company has issued new shares to the extent of for cash. You are required to prepare Funds Flow Statement. b) Balance Sheets of Nikitha Enterprises on & were as follows: Liabilities Assets Creditors Bills Payable Loan Capital Cash in hand Debtors Stock Machinery Land Building During the year a machine costing (accumulated depreciation 6000) was sold for The Provision for Depreciation against the Machinery as on was and on was Net Profit for the year 2013 amounted to You are required to prepare Cash Flow Statement...4

6 Code No. 031 / E a) Kotamorthy Ltd is producing articles mostly on hand labour and is considering to replace it by a new machine. Prepare a Statement of Probability showing the Pay- Back Period from the following information considering two alternative proposals of machine Axe and Bxe. Ignore taxes. Machine Machine Axe Bxe Estimated Life 4 years 5 years Cost of Machine Estimated Scarp Value Estimated Saving in Wages Additional Cost of Maintenance Additional Cost of Supervision b) Tata company is considering investing in a project requiring capital outlay of 60,00,000 and their life period is 5 years. The cost of capital is 12%. Calculate Profitability Index from the following information Year CFAT () 1 10,00, ,00, ,00, ,00, ,00,000 *

7 FACULTY OF COMMERCE Code No. 032 / E B.Com. III Year Examination, March / April 2016 (Common Paper for Computers, Computer Applications (Vocational) & Vocational Courses) Elective-II (Paper-306) Accountancy II Management Accounting and Control Time : 3 hours Max. Marks : 70 Part A (5 X 4 = 20 Marks) I Answer any Five questions. Answer to theory questions should not exceed 20 lines each. 1 Qualities of Management Accountant 2 Horizontal Analysis 3 Return on Capital Employed (ROCE) 4 Following are the summarized balances extracted from the books of Alfa Co. Ltd. for the year ended 31 st March, Prepare Analytical Income Statement : Revenue from operations 14,70,000 Sales Returns 22,800 Other Income 16,000 Tax Rate 30% Total Overheads 86,910 Depreciation 12,000 Cost of Goods Sold 9,05,400 Interest Paid 26,000 5 Given Current Ratio 2.5, Liquid Ratio 1.5, Working Capital 60,000, Bank O.D. 10,000, Calculate : i) Current Assets, ii) Current Liabilities iii) Stock 6 Following are the extracts from the balance sheets of a company as on 31 st March, 2012 and 31 st March, Calculate funds from operations : Profit & Loss Appropriation Account 30,000 40,000 General Reserve 20,000 25,000 Goodwill 10,000 5,000 Preliminary Expenses 6,000 4,000 Provision for Depreciation on Machinery 10,000 12,000 7 Calculate Cash generated from Operations Purchases 1,50,000 Sales 2,00,000 Expenses 20,000 Creditors at the beginning of the year 30,000 Creditors at the end of the year 40,000 8 Overheads Budget. II Part B (5 X 10 = 50 Marks) Answer to the following questions. Answers to theory questions shall not exceed three pages each. 9 a) Define and distinguish between Cost and Management Accounting...2

8 Code No. 032 / E b) Define Report and explain various types of reports used by a Management Accountant. 10 a) Following are the Balance Sheets of a Company for the years 2012 and Prepare a Comparative Balance Sheet and study the same : Liabilities 2012() 2013() Assets 2012() 2013() Equity Share Capital Reserves & Surplus Debentures LT Loans on Mortgage Bills Payable Sundry Creditors Other Current Liabilities 6,00,000 3,30,000 2,00,000 1,50,000 50,000 1,00,000 5,000 8,00,000 2,22,000 3,00,000 2,00,000 45,000 1,20,000 10,000 Land & Buildings Plant & Machinery Furniture Fixtures Other Fixed Assets Cash and Bank Bills Receivables Sundry Debtors Stock Preliminary Expenses 3,70,000 40,000 20,000 25,000 20,000 1,50,000 2,00,000 2,50, ,70,000 6,00,000 25,000 30,000 80,000 90,000 2,50,000 3,50,000 2,000 14,35,000 16,97,000 14,35,000 16,97,000 b) Following are the Income Statements of Swastik Ltd. for the year 2012 and Prepare a Common Size Income Statement and study the profitability of the company. To Opening stock To Purchases To Wages To Salaries To Rent & Rates To Depreciation To Selling Expenses To Discount Allowed To Loss on Sale of Plant To Interest paid To Net Profit 2012(Rs). 2013() 2012() 2013() 85,000 2,00,000 By Sales 10,00,000 12,00,000 5,00,000 5,50,000 By Closing Stock 2,00,000 2,25,000 60,000 80,000 By Income from 42,000 64,000 Investments 12,000 15,000 35,000 40,000 By Dividend 40,000 60,000 Received 5,000 7,500 12,000 12,000 5,000 7, ,000 12,000 14,000 4,26,000 4,12,500 12,17,000 14,47,500 12,17,000 14,47, a) The Financial Statements of a Company contain the following information for the year ending 31 st March Particulars Cash 1,60,000 Sundry Debtors 4, S.T. Investment 3,20,000 Stock 21,60,000 Prepaid Expenses 10,000 Total Current Assets 30,50,000 Current Liabilities 10,00,000 10% Debentures 16,00,000 Equity Share Capital 20,00,000 Retained Earnings 8,00,000 Statement of Profit for the year ended 31 st March, Particulars Sales (20% Cash Sales) Less : Cost of Goods Sold EBIT Less : Interest EBT Less : 30% PAT 40,00,000 28,00,000 12,00,000 1,60,000 10,40,000 3,12,000 7,28,000 You are required to Calculate i) Current Ratio ii) Liquid Ratio iii) Debt Equity Ratio iv) ROCE v) Average Collection Period..3

9 - 3 - b) Using the following data, Prepare the Balance Sheet : Gross Profits = 54,000 Share Holders Funds = 6,00,000 Gross Profit Margin = 20% Credit Sales to Total Sales = 80% Total Assets Turn Over = 0.3 times Inventory Turnover = 4 times Average Collection Period (Assume 360 days year) = 20 days Current Ratio = 1.8 L.T. Debt to Equity = 40% Code No. 032 / E 12 a) M/s. Mohan Ranga & Co s Condensed Balance Sheets are as under : Liabilities Assets Capital Loan from wife of the M.D. Bank Loan Creditors 60, ,000 16,000 72,000 18,000 30,000 21,000 Buildings Machinery Furniture Stock Debtors Cash 40,000 25,000 2,000 25,000 15,000 9,000 46,000 16,000 1,800 41,000 20,000 16,200 1,16,000 1,41,000 1,16,000 1,41,000 Additional Information : i) During the year capital used for promoters expenses 1500 p.m. ii) Depreciation charged to Profit and Loss Account : Buildings 4000 ; Machinery 5000 and Furniture 200. iii) Income tax paid is Prepare Funds Flow Statement for the year ending 31 st March b) Prepare Cash Flow Statement for the year ended 31 st March Liabilities Assets Share Capital Reserves & Surplus L.T. Borrowings Trade Payables Other Current Liabilities S.T. provisions 18,35,000 2,13,700 70,000 95,000 31,000 50,000 17,00,000 1,40,000 10,000 1,00,000 22,000 70,000 Tangible Assets Intangible Assets Current Investments Inventories Trade Receivables Cash Balance S.T. Loans & Advances Other Current Assets 13,76,000 3,43,700 1,70,000 3,43,700 45,000 2,200 12,100 2,000 10,55,000 3,00,000 1,64,000 4,00,000 1,00,000 2,000 11,000 10,000 22,94,700 20,42,000 22,94,700 20,42,000 Adjustments : i) Depreciation is charged : a) on of Cost of 9,00,000; b) On 8% of cost of 4,00,000 and on of cost of

10 Code No. 032 / E ii) Investments were purchased and interest received 3000 was used in writing down the book value of investments. iii) Declared dividend for 2012 was paid in Interim dividend for 20,000 paid out of Profit and Loss Appropriation Account. 13 a) Kala Bandhu Company Ltd., manufacturers Dhoop Sticks with two brands Pooja and Harathi and the market is classified into three divisions. North, South, Central. The Estimated Sales in units for the current year are as under. The prices of selling per unit are is 18 and 9 respectively. Brand North South Central Pooja ,200 33,000 Harathi ,000 9,000 On account of Kumbhmela, the Sales are expected to increase by 5%, 10% and 15%. To push up the Sales during the last quarter, it is proposed to give special discount to increase the sales by 500 ; 1000 and 600 for Pooja Brand Brand and for Harathi Brand 300 ; 1000 ; and 1200 units. Prepare Sales Budget at the present price level. b) Top in Ten Company Ltd. submitted the following particulars Month February March April May June Sales () 1,80,000 1,92,000 1,08,000 1,74,000 1,26,000 Production () 1,24,000 1,44,000 2,43,000 2,46,000 2,68,000 Wages () 12,000 14,000 11,000 10,000 15,000 Addl. Information : i) Cash at Bank estimated 25,000 (at the beginning month of April 2013) ii) Creditors are paid in the following month of purchases. iii) 50% of the Credit Sales are realized in the month following Sales, and the remaining Sales in the second month following : The CEO of the Company wishes to arrange overdraft facility with Dena bank during that period April to June Prepare a Cash Budget for the same period of April to June *

11 FACULTY OF COMMERCE Code No. 033 / E (Common Paper for General, Computers, Computer Applications (Voc.) and Vocational Courses) Retailing Retailing Marketing & CRM 1 What is Personal Selling? 2 Define Retail Communication. 3 Pricing Competition Strategy 4 Sources of External Retail Information 5 Retail Operations Strategy 6 Sales and Merchandising Representative (SMR) 7 Customer Delight in Retailing 8 Employee Relations in Retail Stores 9 (a) Define and distinguish between Retail and Corporate Communication Strategies. (b) Discuss the following: (i) Growth Strategies (ii) Expansion Strategies 10 (a) Define Retail Information System (RIS) and discuss its role in Retail Marketing. (b) What are the Do s and Don t s in understanding Technology for Retail units? 11 (a) Discuss the role of IT in Retail Call Centre and Retail Customer Care Operations. (b) Write a note on the RFID operations in retailing. 12 (a) Discuss the role of Sales Force Automation (SFA) in developing CRM in retailing. (b) Write a note on e-crm evolution and discuss its initiatives in multichannel CRM. 13 (a) Discuss the criteria for handling complaints effectively in Malls in Indian context. (b) Explain the role of Retail Sales Force in developing a suitable CRM in Indian context.

12 FACULTY OF COMMERCE Code No. 034 / E (Common Paper for General, Computers, Computer Applications (Voc.) and Vocational Courses) Taxation - II Indirect Taxes 1 Bill of Lading 2 Manufacture under Central Excise Act 3 Specific Rate 4 Sales under CST Act 5 Input Tax and Output Tax 6 Taxable Event under Service Tax 7 Postal Imports 8 Declared Goods 9 (a) Explain the procedure to be followed by importer of goods under Customs Act. (b) Discuss the provisions of Customs Act relating to Baggage. 10 (a) Determine the Total amount of excise duty payable on a machine from the following information: Sale price of machine excluding duties and taxes 2,00,000 Sales Tax 20,000 Cost of durable and returnable container included in the sale price at (i) above 5,000 (ii) Design and development charges paid by the buyer on behalf of seller to a third party 20,000 (iii) Warranty charges charged separately by the seller 5,000 Rate of Excise Duty 10% and Education Cess 3% (b) Explain the procedure for obtaining registration under Central Excise Rules. 11 (a) What are the transactions exempted from CST Act? (b) What is interstate sale and explain its ingredients? 12 (a) Explain the advantages of VAT. (b) Compute VAT liability payable by A who purchases goods from a manufacturer on payment of 2,25,000 (including VAT) and earn 10% Profit on Cost VAT rate on purchases and sales is 12.5%. 13 (a) Explain any ten services taxable under Service Tax. (b) Explain any five offences and its penalties under Service Tax.

13 FACULTY OF COMMERCE Code No. 035 / E (Common Paper for General, Computers, Computer Applications (Voc.) and Vocational Courses) Finance Micro-Credit and Foreign Trade Finance 1 Business of lending 2 Credit Cycle 3 Self-Help Groups 4 Micro Finance 5 Types of transactions 6 Foreign Exchange Market 7 Purchase of Foreign Exchange 8 Methods for payment for the International Trade 9 (a) Explain various types of Bank lending and state the advantages of each type. (b) What is Credit Risk? Explain its types. 10 (a) What is the role of NABARD in Micro Finance? (b) What is Rural Financing in India? What are the financial problems faced by the rural people. 11 (a) What do you mean by Exchange Rates? Write the factors that determine the Spot Exchange Rates. (b) What is Foreign Exchange Market? Explain briefly about the features of Foreign Exchange Market. 12 (a) Write the scope and nature of foreign exchange transactions of a bank with its customers. (b) What is Purchase and Sale of Foreign Exchange? Explain the Foreign Exchange Rate Quotations. 13 (a) What are the regulatory framework of Foreign Trade Development and Regulation Act? (b) Describe the nature and scope of international trade transactions.

14 FACULTY OF COMMERCE Code No. 036 / E (Common Paper for General, Computers, Computer Applications (Voc.) and Vocational Courses) Marketing Rural Marketing 1 Characteristics of Rural Marketing 2 Cultural Environment in Rural areas. 3 Product Variety for Rural markets 4 Packaging decisions for Rural markets 5 Transportation problems in rural areas 6 Role of Information Technology in Rural Marketing 7 Branding 8 Role of weekly melas the Rural Marketing 9 (a) Examine the disparities between urban and rural economies and their implications for marketing. (b) What is Rural Market? Explain the importance of Rural Marketing. 10 (a) Examine the measures taken by the Government to improve the Economic Environment of Rural India. (b) Explain the factors contributing to the growth of Rural Marketing. 11 (a) Explain the Attitude and Behavior of a Rural Consumer. (b) Explain the Product and Brand awareness in Rural Marketing. 12 (a) Examine the scope and need for redesigning the projects for Rural Markets. (b) Examine the pricing strategies for Rural Markets. 13 (a) What are the problems of Channel Management in Rural Marketing? (b) What is Advertising Copy? Explain the concept of Advertising Copy.

15 Code No. 037 / E FACULTY OF COMMERCE (Common Paper for General, Computers, Computer Applications (Voc.) and Vocational Courses) Secretarial Practice and Office Management Office Management 1 Rotary Card Filing 2 Office Manual 3 What is a Dictating Machine? 4 Internal Office Correspondence 5 Travel Desk 6 Punch Card Maintenance 7 Biometric Attendance 8 Net Working Capital 9 (a) Define Office and explain its functions in detail. (b) Define Office-Layout and discuss the features of an Ideal Office Lay-Out. 10 (a) Define Circular Letter and describe different types of Circular Letters. (b) Define Trade Enquiry and explain various types of price quotations in trade enquiries. 11 (a) Discuss the installation and maintenance of security cum fire fighting system in an office. (b) Write a note on the role of office in managing organizational transport systems. 12 (a) Draft an Ideal Curriculum Vitae for employment in a Banking Corporation. (b) Define Delegation and explain its principles. 13 (a) Define Financial Management and explain its objectives in detail. (b) Discuss different sources of finance for an organization.

16 FACULTY OF COMMERCE (Common Paper for General and Vocational Courses) Code No. 038 Computer Applications - I Electronic Commerce 1 Mobile Commerce 2 SSL versus S-HTTP 3 Credit Cards 4 E-Checks 5 Intra organizational E-Commerce 6 Portals 7 Internet 8 HTTP 9 (a) Write about global distribution networks. (b) Define E-Commerce. Explain E-Commerce Applications. 10 (a) Explain Security Protocols. (b) Explain WEB Security Issues. 11 (a) What is Electronic Payment System? Write about its advantages and risks in Electronic Payment System. (b) What is E-Cash? What are properties, advantages and disadvantages of E-cash. 12 (a) What is EDI? Write about advantages and disadvantages of EDI. (b) Write about EDI applications in Business. 13 (a) What is e-marketing? What are the advantages and disadvantages of e-marketing? (b) Explain 4 P s Applied to Internet Marketing.

17 Code No. 039 / E FACULTY OF COMMERCE (Common Paper for General, Computers, Computer Applications (Voc.) and Vocational Courses) Computer Applications - II Fundamentals of Java 1 Inheritance 2 Polymorphism 3 Method 4 Java Debugger 5 Bitwise Operator 6 Keyword 7 Do While statement 8 Interface 9 (a) Explain OOP concepts. (b) Explain differences between Java and C (a) Explain Java Compiler and Java Interpreter. (b) Explain Applet with examples. 11 (a) Explain logical and Relational Operator. (b) Write a program using Conditional Operator. 12 (a) Write a program using Switch Statement. (b) Explain Constructor with examples. 13 (a) Explain Class and Objects. (b) Explain Multi Threading.

18 Code No. 040 / E FACULTY OF COMMERCE (Common Paper for General, Computers, Computer Applications (Voc.) and Vocational Courses) Business Mathematics - II 1 Define Cost function, Total Revenue function 2 Evaluate (3x 2 + 2x + 6) dx. 3 Objective function of Linear Programming. 4 Explain the term Feasible Solution in transportation. 5 Components of Queuing system. 6 Find the derivative of (x + 1) (x - 3). 2 x 2x 3 7 Evaluate lim. x 1 x 3 8 Discuss the Queue Discipline. 9 (a) Find the maxima and minima of the function y = 3x 3 + 5x 2 40x (b) Find the differential coefficient of 2x 3 + 3xy + y 3 = (a) Evaluate 3x x dx. (b) Evaluate 2 x dx. x 2 11 (a) Solve the following problem graphically Minimize : Z = 2x + 3y Subject to 2x + y 40 2x + 2y 50 x, y 0 (b) Explain the procedure for formulation of Linear Programming Problem...2

19 ..2.. Code No. 040 / E 12 (a) Using North West Corner rule obtain an initial feasible solution to the problem given below: Destination Source D1 D2 D3 Supply S1 S2 S Demand * Numbers in the cells indicate Rate per unit / Cost per unit. (b) Discuss the Least-Cost method used to obtain the initial feasible solution. 13 (a) Explain the structure of a Queuing System in detail. (b) An auto mechanic in an automobile repair shop is able to install new carburetor at the rate of 3 per hour (or about one in every 20 minutes). The service rate follows an exponential distribution. Customers seeking this service arrive at the repair shop on the average of 2 per hour following a Poisson distribution. The customers are served on a First-In-First-Out basis and come from an infinite population of possible customers. Determine. (i) Average number of customers in the system. (ii) Average number of customers waiting to be served (or) Average Queue length. (iii) Average time a customer spends in the system. (iv) Average waiting time of a customer before being served. (v) Utilization factor for the system