VI Sem BBM Blownup Syllabus

BM 351: COMPANY LAW BLOWN UP SYLLABUS
Objective: To give an insight into the main provisions of the Companies Act relating to
the formation, running and closure of the Joint Stock Companies.
Unit I
12 hrs
An Introduction to a Joint Stock Company: Meaning, Features,(20 Marks)

Lifting the corporate veil- under Judicial discretion and statutory provisions (20 marks)
Kinds or types of companies- Foreign company (8 marks),
Government Company ( 08 marks),
Special privileges or advantages of a Private Company (08 marks)
When does a private Company become a Public Company? Differences between
Public companies and Private companies (08 marks).
Unit II
12 hrs
Formation of a Company: Steps in formation: Promotion- Meaning, Stages (08

Marks), Incorporation: Procedure (08 Marks)
Promoter: Meaning, Legal Position of a promoter, Duties, Rights, and Liabilities of a
Promoter, (08 marks/ 20 marks) Effects of pre-incorporation contracts ( 08 marks)
Memorandum of Association, Clauses of Memorandum of Association (20marks)
Doctrine of Ultra vires (08 marks)
Articles of Association: Meaning, contents.(08 marks)
Doctrine of constructive notice, Doctrine of Indoor Management exceptions (08
Marks).
Table A (08 Marks).
Prospectus- provisions of the Companies Act with regard to issue of prospectus, (08
marks) Contents, Types, Golden Rule for framing a prospectus,
Consequences of Misstatement in prospectus (08 marks).
Unit III
Share Capital and Shares: Types of share capital. Shares: Meaning, Types.
Equity shares: Meaning, features (08 marks)
12 hrs
Preference shares: Meaning, features and types (08 marks)

Sweat Equity shares (02 /08 marks)
Allotment of shares: Provisions regarding allotment of shares : General provisions
and Special provisions. (20 marks)
Rights shares, Bonus shares, Calls on shares, Forfeiture of shares, surrender of
shares, lien on shares (Meaning only)
Underwriting of securities and listing of securities, Blank transfer and Forged transfer,
(Meaning only)
Meaning of Depository, Meaning of DEMAT Account and its features. (08 marks)
Membership: Meaning, Modes of acquiring membership, Termination of membership
(20 marks) who can be member? Register of Members (08 marks)
Unit IV
12 hrs
Company Management: Company Secretary -Qualification and Duties only. (08/20

marks)
Directors- Qualification and Disqualification (08 marks) Appointment and RemovalDuties and Liabilities (08 / 20 mariks)
Unit V
12 hrs
Company Meetings- Essentials (20 marks), Types (20 marks), Statutory meeting (08
marks), AGM (08 marks), EOGM (08 marks), Appointment of Chairman, methods of
voting (08 marks), Resolutions-Types (08 marks),Proxies(08 marks)
Oppression and Mismanagement (Meaning only),
Winding Up-, Modes of winding up of a company (20 marks) compulsory winding up
( 08 marks), Voluntary winding up : Types (08 / 20 marks)
Total Hours: 60
Following Case laws are to be specifically dealt with:
1. Solomon V/s Solomon and Company Limited
2. Continental Tyre and Rubber Company V/s Daimler Co. Ltd.
3. Dinshaw Maneekjee Petit V/s Income Tax Officer

4. Guzdar V/s CIT Bombay
5. Gilford Motor Company V/s Horne
6. Jones V/s Lipman
7. Kotla Venkatswamy V/s Ram Murthy
8. Royal British Bank V/s Turquand
Books for Reference:
1. N.D. Kapoor
Company Law
2. Dr. Umesh Maiya A Textbook of Company Law

3. Avtar Singh
Company Law
4. P.P.S. Gogna
Company Law
5. B.S. Raman
Company Law
VI SEMESTER BM 351: COMPANY LAW

MODEL QUESTION PAPER
Section A (Two Marks each)
1. Answer any Ten Questions from the following:
a. What do you mean by chartered company?
b. What is meant by a company limited by guarantee?
c. Name two public documents of a Company.
d. Give the meaning of Doctrine of Constructive Notice.
e. Expand NSDL.
f. What do you mean by rights shares?
g. What do you mean by Listing of Securities?
h. What kind of companies must have full time secretary?
i. Give the meaning of Quorum of a meeting.
j. What is meant by Mismanagement?
k. What is a defunct company?
l. What are Bonus shares?
Section B (08 Marks each)

Answer any Five questions:
2. What is a foreign company? State the provisions of Companies Act relating to

3.
4.
5.
6.
7.
8.
foreign company.
What are privileges of a private company?
Distinguish between memorandum of association and articles of association.
Write a note on Doctrine of Ultra-vires.
Write a note on DEMAT Account.
Write a note on the Register of Members
In what different ways may a director of a company be appointed?
Section C (20 Marks each)

9. Explain the corporate veil. Under what circumstances the corporate veil is lifted?
OR
What are the consequences of misstatement in a prospectus? Can the directors
avoid liability for a false statement in the prospectus?
10. Give the meaning of Allotment of shares. Explain the general and special
provisions regarding the allotment of shares.
Or
Define the share of a company. Explain the different kinds of shares that can be
issued by a company.
11. Who is a director of the company? Explain the duties and liabilities of a director.
Or
What is a company meeting? Bring out the essentials of a valid company meeting.
*************************
VI SEMESTER BM 351: COMPANY LAW
QUESTION BANK
UNIT I
TWO Marks Questions
1. What do you mean by chartered company?
2. Write any two limitations of Joint Stock Companies.
3. What do you mean by perpetual succession?
4. What do you mean by Foreign Company?

5. What is an illegal Association?
6. What is a Government Company?
7. What do you mean by 43A public limited company?
8. What do you mean by a statutory company?
9. What was the decision given in the case Solomon v/s Solomon & company?
10. What do you mean by lifting the corporate veil?
11. What is meant by a company limited by guarantee?
12. What is a corporate veil?
13. When does a company legally come into existence?
14. What do you mean by licensed companies?
15. What is meant by holding company?
EIGHT Marks Questions
1. Narrate Soloman vs. Soloman & Co.Ltd., case with reference to independent
legal entity of a company.
2. When does a private company become a public company u/s.43-A?
3. Write a note on Government Company.
4. What is a foreign company? State the provisions of Companies Act relating to
foreign company.
5. What is meant by corporate veil? State the cases in which the veil can be lifted.
6. What are privileges of a private company?
TWENTY Marks Questions
1. Define Joint Stock Company and bring out its distinctive features.
2. Explain the corporate veil. Under what circumstances the corporate veil is lifted?
3. Distinguish between a public company and a private company. Point out the cases
under which a private company shall become a public company.
UNIT II
TWO Marks Questions

1. Name two public documents of a Company.
2. What do you mean by Preliminary Contract?
3. When can a public company start its business?
4. What do you mean by Golden Rulefor the framing of prospectus?
5. Give the meaning of pre-incorporation contract.
6. State the other name of situation clause.
7. Which clause of memorandum of association cannot be altered?
8. What do you mean by Indoor Management?
9. What do you mean by ultravires?
10. What is an Articles of Association?
11. Give the meaning of Doctrine of Constructive Notice.
12. What is meant by Intra-vires?
13. What do you mean by statement in lieu of prospectus?
14. What do you mean by Table A?
15. What do you mean by Preliminary Expenses?
16. Who is a Promoter?
17. What are the documents required for a public company to start business?
18. What do you mean by Deemed prospectus?
1. Write a short note on Doctrine of Indoor Management.
2. Distinguish between memorandum of association and articles of association.
3. Write a note on Doctrine of Ultra-vires.
4. What are the duties and liabilities of a promoter?
5. Explain the steps followed in the promotion of a Joint stock Company.
6. What are the provisions of the Act regarding the issue of prospectus?
7. Narrate the legal position of a promoter in relation to the company he
promotes.
8. Mention the formalities to be completed for the registration of a company.

1. What is Memorandum of Association? Explain its contents./clauses
2. What is misstatement in a prospectus? Explain the extent of civil and criminal
liability for such misstatements?
3. What do you mean by promotion of a company? Discuss the various stages in
promotion of a public limited company. What are the liabilities of a promoter?
4. Write the liability for misstatements in a prospectus? Explain the extent of civil and
criminal liability for such misstatements.
5. What are the consequences of misstatement in a prospectus? Can the directors
avoid liability for a false statement in the prospectus?
6. Discuss the stages in the formation of a company.
UNIT III
TWO Marks Questions
1. What is DEMAT account?
2. Who is a benami holder of shares?
3. What is meant by listing of shares?
4. What do you mean by Sweat Equity shares?
5. State the meaning of surrender of shares.
6. Define calls in Arrears.
7. What is meant by depository?
8. What do you mean by dematerialisation?
9. Define calls in advance.
10. Define calls on shares.
11. Expand NSDL.
12. What do you mean by underwritting of shares?
13. What are Bonus shares?
14. What do you mean by Renunciation of Allotment?
15. Give the meaning of Defacto Control.
16. What do you mean by irregular allotment?

17. Which companies can issue deferred shares?
18. What do you mean by rights shares?
19. What do you mean by Index of Members? Which companies should maintain
index of members?
20. What is foreign register?
21. What is meant by surrender of shares?
22. What is register of members??
23. What is meant by Forfeiture of share?
24. What do you mean by cumulative preference shares?
25. What do you mean by Listing of Securities?
26. What do you mean by Lien on Shares?
27.. Who can become a member of a Company?
28 Can one company become a member of another company?
29. What do you mean by Blank Transfer?
30. Expand SEBI
31. What is meant by Minimum Subscription?
32. What do you mean by forged Transfer?
1. Write a note on DEMAT Account..
2. State the circumstances when a person ceases to be the member of a company
3. Write a note on the Register of Members.
4. What are the different methods of acquisition of membership of a company?
1. Give the meaning of Allotment of shares. Explain the general and special
provisions regarding the allotment of shares.
2. Define membership in a company. Explain the different ways of acquiring
membership in a company. When does a person cease to be a member of a
company?
3. Define the share of a company. Explain the different kinds of shares that can be
issued by a company
UNIT IV
TWO Marks Questions
1. Who are the first directors of the company?
2. Who can appoint a secretary of a company?
3. What kind of companies must have full time secretary?
4. Define Managing director.
1. When is a person disqualified for appointment as director of a company?
2. Give the meaning of a company secretary. Mention the qualifications of a person
to be eligible for appointment as secretary
3. What are the duties of directors of a company?
4. In what different ways may a director of a company be appointed?
1. Define the term Director Briefly state the provisions of the Companies Act 1956
regarding the mode of appointment of the director of a company.
2. Define the term Director what qualifications are required for appointment as a
director? When will a person be disqualified for appointment as a director?
3. Who is a director of the company? Explain the duties and liabilities of a director.
UNIT V
TWO Marks Questions
1. What is meant by Minutes of Meeting?
2. What is Quorum? Must quorum be present throughout the meeting?
3.. What is a defunct company?
4 What do you mean by Resolution?
5. What is meant by motion?

6. What do you mean by winding up of a company?
7. Who is a Liquidator?
8. What do you mean by extraordinary general meeting?
9. What do you mean by Agenda of Meeting?
10. Give the meaning of Quorum for meeting.
11. What is an ordinary resolution?
12. What do you mean by special resolution?
13. What do you understand by the term oppression as used in section 397?
14. What is a statutory meeting?
15. What do you understand by a Proxy?
16. What do you understand by class Meeting?
17. What do you mean by Adjournment of meeting?
18. Who shall call an extraordinary general meeting?
19. What is meant by Mis Management?
1. Explain the procedure of voluntary winding up.
2. Give the meaning of statutory meeting and the contents of statutory report.
3. Bring out the requisites of a valid meeting.
4. Write a note on creditors voluntary winding up.
5 Write note on members voluntary winding up.
6. Write a note on statutory meeting.
7. State the circumstances when court orders a compulsory winding up.
8. Explain the different types of resolution.
1. What are the different kinds of meetings of the shareholders of a company? When
and how are these meetings held?
2. What do you mean by winding up of a company? What are the different modes of
winding up?
3. Describe the types of Meetings. State the provisions regarding the conduct of
Annual General Body meeting.
4. State the provisions of the companies Act of 1956 relating to the following: (a).
Members Voluntary winding up (b). Creditors voluntary winding up
5. What is company meeting? Bring out the essentials of a valid company meeting.
***********************************************
BM 352: INVESTMENT MANAGEMENT

Objective: To give a general idea regarding the nature and types of investment
opportunities in India.
Unit I
Investment- types, scope- Speculation- Gambling- Risks of investment-
Features of investments- Avenues of investments- Security form of investmentNon-securities form of investment. Innovative financial instruments- credit rating of
debt instruments. New instruments traded in market- Zero coupon bonds, Deep
discount bonds, Flexi bonds, Loyalty coupons, Share warrants, Stock invest.
Credit rating - Meaning, key factors, merits & demerits, Agencies - CARE, ICRA,
CRISIL.
Unit II Fundamental and Technical Analysis- Economy, Industry and company
analysis, benefits of fundamental analysis- technical analysis- AssumptionsDifferences between fundamental and technical analysis- brief discussion on
important tools of technical analysis- How to pick blue chips.
Unit III Financial Markets- Primary and Secondary markets- Inter- relationship
between primary and secondary markets- Stock markets- NSE and BSE- Stock
Market reforms: pre computerization era & reforms done after Computerization,
Speculators -Listing, trading and settlement- capital market segment- Wholesale
debt market- futures and options- risk management- membership- Depositories
and benefits of depositories- A brief study of stock indices using BSE & NSEMeaning and uses- Speculator dealings- A brief introduction of Government
Securities market- Book building.
Unit IV Mutual Funds- Concept- Benefits of Mutual Funds- Organizational structureProduct variety- Measurement and Evaluation of Mutual fund performance- Role
of Association of Mutual funds in India (AMFI).
Unit V Portfolio Management- Meaning, objectives, Factors influencing portfolio
construction- Beta- Meaning and uses. Calculation of Alpha, Beta & return using
CAPM, problems on CAPM.
Total Hours: 60
BM 352 Investment Management
Blown up syllabus
Unit 1 Investment - Meaning and definition of Investment Objectives of
investment Importance of Investment -
distinction between speculation and
investment distinction between gambling and investment - Features of

Investment (Exclude process of investment) - Avenues of investment
Securities form of investment Government securities (meaning and features
only, types: treasury bills and dated bonds - meaning only) and Corporate
securities Equity, preference, debentures and bonds (meaning and features

only, exclude types, merits and demerits) Non securities form of investment
Post office Small Savings, Insurance, Bank deposits (meaning, features, merits
and demerits only, exclude types) Physical assets Real Estate and gold
(meaning, features, merits and demerits only) Innovative financial instruments
Zero coupon bonds(or deep discount bonds), loyalty coupons, floating rate bonds,
share warrants, discount bonds, flexi bonds (meaning only)
Credit Rating meaning of credit rating, Key factors to be considered while rating, Benefits of credit rating to investor, benefits of credit rating to companies
functions of credit rating disadvantages of credit rating credit rating agencies
(A brief introduction only) - CRISIL (Credit Rating Information Services of India
Limited), ICRA (Investment Information and Credit Rating Agency of India
Limited), CARE (Credit Analysis and Research Limited), Fitch India Limited,
SMERA (Small and Medium Enterprises Rating Agency of India Limited).
Unit 2 Security Analysis Introduction Fundamental analysis
Meaning -
Analysis of the economy - Key variables in determination of economic status

Industry analysis (Sensitivity to the Business Cycle, Industry Life Cycle Analysis,
Study of the Structure and Characteristics of an industry, Profit Potential of
Industries) Company analysis- (Competitive strategy, Corporate strategy
analysis, Accounting analysis, Financial analysis, Evaluation of management)
Benefits of fundamental analysis Demerits of fundamental analysis
Technical analysis Meaning - Basic technical assumptions Tools of Technical
Analysis: Charting Techniques (Dow Theory, Bar & Line Charts, Point & Figure
Charts, Moving Averages & Relative Strength Line Exclude all the formation ) &
Technical Indicators (Breadth Indicators & Sentiment Indicators) differences
between technical and fundamental analysis. Blue chip shares (meaning). How to
pick Blue chip shares.
Unit 3 Financial Markets Capital Market - Primary securities market secondary
securities market differences between primary securities market and secondary
securities market
Stock market meaning features functions of stock exchanges Benefits of

stock exchanges to the investor and to the company - National Stock Exchange
(NSE) and Bombay Stock Exchange(BSE) brief introduction and features of
NSE and BSE (Exclude other stock exchanges of India)
Speculators meaning types of speculators bull, bear, lame duck, stag and
arbitrageur- Speculative dealings Badla transaction, Rigging the market,
Cornering, Wash sales, Dividend stripping
Listing Meaning Listing Procedure- advantages of listing of securities to the
company and to the investor compulsory delisting of companies
Trading and settlement (in brief) trading open outcry system and screen based
system - settlement Rolling settlement
(in brief)
Wholesale debt market (meaning only) Futures and options (meaning only- exclude
types)
Depositories meaning Advantages of depositories Dematerialisation - National
Securities Depository Ltd (NSDL) and Central Depository Services Ltd (CDSL) a
brief introduction.
Indicies Meaning S & P CNX Nifty, CNX Nifty Junior, S & P CNX 500, CNX
Midcap 200, S & P CNX Defty BSE Sensex, BSE 100 National Index, BSE
500, BSE 200 Midcap, Sectoral Indices (Meaning Only) uses of indices
Book building meaning only (Exclude features, merts and demerits)
Unit 4 Mutual Funds Meaning of mutual funds benefits/advantages of mutual
funds types of mutual funds portfolio based classification (growth schemes,
income schemes, balanced funds, ELSS, index funds, gilt funds, money market
schemes, theme fund, fund of funds, contra fund) and operational classification
(open ended schemes and closed ended schemes) - differences between open
ended schemes and closed end scheme Exchange Traded Funds(ETF)
meaning only - Options/plans growth option, dividend option, reinvestment
option, systematic investment plan, systematic withdrawal plan, switch facility
(meaning only) Entities/parties to a mutual fund (sponsor, trustees, AMC,
custodian, registrars and transfer agents) Cost of investing in a mutual fund
(initial issue expenses, entry load, exit load and annual recurring expenses) -
Risks associated with mutual funds- problems/disadvantages of mutual funds in

India Role of Association of Mutual Funds in India
Unit 5 Portfolio Management(Investment management) meaning of portfolio
management objectives of portfolio management Elements of Portfolio
management - portfolio construction - meaning - Factors influencing portfolio
construction (traditional approach to portfolio construction; determination of
objectives of investor, selection of securities, risk and return analysis,
diversification) Risk and Return - meaning of risk meaning of return
systematic risk and unsystematic return - Capital Asset Pricing Model(CAPM)
Basic assumptions Limitations of CAPM - calculation of Beta measurement of
Beta Alpha factor computation of alpha calculation of expected rate of return
computation of portfolio beta and expected return of the portfolio.
References
Raghunandan B. V.,(2012) Investment Management, Udupi, Sushrutha Books, (All
chapters)
Preethi Singh, (2007), Investment Management, Mumbai, Himalaya Publising
House Pvt. Ltd. (All chapters except mutual funds)
Avadhani V. A., (2011), Investment and Securities Markets in India, Mumbai,
Himalaya Publising House Pvt. Ltd. (All chapters except mutual funds)
Bhalla V. K., (2010), Fundamentals of Investment management, New Delhi, S.
Chand & Company Ltd. (All chapters except mutual funds)
Punithavathy Pandian, (2012), Security Analysis and Portfolio Management, New
Delhi, Vikas Publishing House. (All chapters)
Prasanna Chandra, (2008), Investment Analysis and Portfolio Management, New
Delhi, Tat McGraw Hill Education Pvt. Ltd. (All chapters)
Gordon E. And Natarajan, (2013), Financial Markets and Services, Mumbai,
Himalaya Publising House Pvt. Ltd. (topic on credit rating, chapters on Financial
market and Mutual Funds only)
Shashi K. Gupta, Nisha Aggarwal, and Neeti Gupta, (2011), Financial Institutions
and Markets, New Delhi, Kalyani Publishers (Two chapters on Financial market
and Mutual Funds only)
Shashi K. Gupta, and Nisha Aggarwal, (2011), Financial Services New Delhi,
Kalyani Publishers (topic on credit rating, chapters on Financial market and
Mutual Funds, topic on portfolio management only)
Khan M. Y., (2011), Financial Services New Delhi, Tat McGraw Hill Education Pvt.
Ltd. (Chapter on mutual fund Financial market and Mutual Funds only)
Siddaiah Thummuluri, (2011), Financial Services, New Delhi, Dorling Kindersley
(India) Pvt. Ltd. Licensee of Pearson Education. (Two chapters on Financial
market and Mutual Funds and a topic on credit rating only)
Fischer Donald E. And Jordan Ronald J., (2002), Security Analysis and Portfolio
Management, New Delhi, Prentice Hall of India Pvt. Ltd. (Two chapters on
Security Analysis and Portfolio Management)
Question Bank
Unit 1
Two Marks (any three)
1. Define Investment? ( Raghunandan B. V.)
2. What are Equity shares? ( Raghunandan B. V.)
3. What are preference shares? ( Raghunandan B. V.)
4. What are debentures? ( Raghunandan B. V.)
5. Give any two differences between Investment and Gambling? (Preethi Singh)
6. What are Zero coupon bonds? ( Raghunandan B. V.)
7. What are Floating rate bonds? ( Raghunandan B. V.)
8. What are Loyalty coupons? ( Raghunandan B. V.)
9. What are Share warrants? ( Raghunandan B. V.)
10. What are Flexi bonds? ( Raghunandan B. V.)
11. What are Discount bonds? ( Raghunandan B. V.)
12. What is Credit rating? ( Raghunandan B. V.)
13. Expand CRISIL. ( Raghunandan B. V.)
14. Expand CARE. ( Raghunandan B. V.)
15. Expand ICRA. ( Raghunandan B. V.)
Eight Marks (any two)
1. Distinguish between investment and speculation? (Preethi Singh)
2. Explain the objectives of Investment? (Avadhani V. A)
3. Explain the features of Investment? ( Raghunandan B. V.)

4. Explain the importance of Investment? ( Raghunandan B. V.)
5. Briefly explain securities form of Investment? ( Raghunandan B. V.)
6. Explain the functions of credit rating? (Gordon E. And Natarajan)
7. Explain the benefits of credit rating to the Investor? ( Raghunandan B. V.)
8. Explain the benefits of credit rating to the Company? ( Raghunandan B. V.)
9. Explain the limitations of credit rating? ( Raghunandan B. V.)
10. Explain briefly any four credit rating agencies in India? ( Raghunandan B. V.)
Twenty Marks (any one)
1. Explain various non securities form of investment? ( Raghunandan B. V.)
2.
Investment is both important and useful in the context of present day

conditions- Analyse the statement. ( Raghunandan B. V.)
3. Given an option to invest in Land, Insurance and Gold which one would choose
and why? ( Raghunandan B. V.)
4. Explain the benefits of credit rating to the investor and to the company?
( Raghunandan B. V.)
Unit 2
Two Marks (any two)
1. What is fundamental analysis? ( Raghunandan B. V.)
2. Mention four Industry life cycle stage? (Prasanna Chandra)
3. Mention any two factors should the analyst examine to determine whether a firm
is likely to gain competitive advantage? (Prasanna Chandra)
4. Spell out any two key macroeconomic variables in the economic analysis?
(Prasanna Chandra)
5. What is technical analysis? ( Raghunandan B. V.)
6. What is a bar chart? (Prasanna Chandra)
7. What is a line chart? (Prasanna Chandra)
8. What is breadth of market? ( Raghunandan B. V.)
9. What is meant by a blue chip stocks? ( Raghunandan B. V.)
10. Mention any two factors to be considered to locate stocks of blue chip
companies? ( Raghunandan B. V.)
Eight Marks (any one)
1. Explain the basic assumption of technical analysis? ( Raghunandan B. V.)

2. Write a note on Dow Theory. ( Raghunandan B. V.)
3. Discuss any four key macroeconomic variables in the economic analysis?
(Prasanna Chandra)
4. Distinguish between the Fundamental analysis and Technical analysis?
5. How to pick up shares of blue chip companies? ( Raghunandan B. V.)
Twenty marks (any one)
1. Describe the factors considered in economic, company and industry analysis?
(Prasanna Chandra)
2. What is fundamental analysis? Describe the benefits and demerits of
fundamental analysis? ( Raghunandan B. V.)
3. Elucidate technical analysis based on Charting Techniques? (Prasanna Chandra)
4. What is technical analysis and explain the basic assumptions of Technical
analysis? Elucidate technical analysis based on Technical Indicators? (Prasanna
Chandra)
Unit 3
Two Marks (any three)
1. What is a Primary market? ( Raghunandan B. V)
2. What is a Secondary market? ( Raghunandan B. V)
3. What is a Stock exchange? ( Raghunandan B. V)
4. What is Sensex? ( Raghunandan B. V)
5. What is Nifty? ( Raghunandan B. V)
6. What are Futures contract? ( Raghunandan B. V)
7. What are Options contract? ( Raghunandan B. V)
8. What is Wholesale debt market? ( Raghunandan B. V)
9. Give the meaning of Book building? ( Raghunandan B. V)
10. Who is Bull speculator? ( Raghunandan B. V)
11. Who is a Bear speculator? ( Raghunandan B. V)
12. What is Listing of securities? ( Raghunandan B. V)
13. What is Depository? ( Raghunandan B. V)
14. What is compulsory delisting of securities? ( Raghunandan B. V)
15. Name any two Depositories of securities in India. ( Raghunandan B. V)
Eight Marks (any two)
1. Differentiate between primary securities market and secondary securities
market? ( Raghunandan B. V.)
2. Explain the benefits of stock exchanges to the investor? ( Raghunandan B. V.)
3. Explain the benefits stock exchanges to the company? ( Raghunandan B. V.)

4. Explain any four types of speculators in stock exchanges? ( Raghunandan B. V.)
5. Explain any four types of speculative dealings in stock exchanges?
6. Explain the advantages of Listing of securities in Stock exchanges to the
investor? (Bhalla V. K)
7. Explain the advantages of Listing of securities in Stock exchanges to the
company? (Bhalla V. K)
8. Explain any four indices of National Stock exchange? ( Raghunandan B. V.)
9. Explain any four indices of Bombay Stock Exchange? ( Raghunandan B. V.)
10. Explain various uses of indices? ( Raghunandan B. V.)
Twenty Marks (any two)
1. Discuss the functions of stock exchanges in India? ( Raghunandan B. V.)
2. Define Stock exchange. Discuss the features of stock exchanges in India?
3. Explain the benefits of stock exchanges to the investor and to the company?
4. What is listing? Explain briefly the listing procedure. ( Raghunandan B. V.)
5. Discuss the advantages of listing of securities in stock exchanges to the investor
and to the company? (Bhalla V. K)
6. Discuss the functions of National stock Exchange (NSE) and Bombay Stock
Exchange (BSE)? ( Raghunandan B. V.)
7. What are the advantages of depositories system to the Investor, to company and
to capital market? (Gordon E. And Natarajan)
8. Explain the various types of Speculators in Indian Stock exchanges? Discuss
their speculative dealings in Stock exchanges? ( Raghunandan B. V.)
Unit 4
Two Marks (any two)
1. What is a mutual fund? ( Raghunandan B. V.)
2. What is Net Assets Value of a mutual fund? ( Raghunandan B. V.)
3. What do you mean by Assets Management Company? ( Raghunandan B. V.)
4. What is an Exchange Traded Fund? ( Raghunandan B. V.)
5. What is a fund-of-fund scheme? ( Raghunandan B. V.)
6. What is a Equity Linked Savings Scheme? ( Raghunandan B. V.)
7. What do you understand by Entry Load in mutual funds? (Prasanna Chandra)
8. What do you understand by Systematic Investment Plan? (Khan M. Y.)
9. What is an open ended scheme of mutual fund? ( Raghunandan B. V.)
10. What is a closed ended scheme of mutual fund? ( Raghunandan B. V.)
Eight Marks (any one)

1. Explain any four mutual fund schemes based on the portfolio classification?
( Raghunandan B. V)
2. What are open ended and closed ended schemes of mutual funds and list out
four key differences between open ended and closed ended schemes?
(Prasanna Chandra)
3. Outline the options/plans associated with the mutual fund schemes. (Khan M. Y.)
4. What are the costs of investing in a mutual fund? (Prasanna Chandra)
5. Explain the role of Association of Mutual Funds in India (AMFI)? ( Raghunandan
B. V)
1. Discuss the role of the various entities/ parties in a mutual fund operation.
( Raghunandan B. V)
2. Describe the characteristics mutual fund schemes based on the portfolio based
classification and operational classification of mutual funds? ( Raghunandan B.
V)
3. Describe the various risks associated with the mutual funds and the problems of
mutual funds in India? ( Raghunandan B. V)
4. Discuss the advantages and limitations of investing in a mutual fund. (Siddaiah
Thummuluri)
Unit 5
Two Marks (one problem and one theory)
1.
2.
3.
4.
5.
6.
7.
Question on Calculation of Alpha. ( Raghunandan B. V)

Question on Calculation of Beta. ( Raghunandan B. V)
What is portfolio management? (Avadhani V. A.,)
Write two basic objectives of portfolio management. (Avadhani V. A.,)
What do you understand by portfolio construction? (Avadhani V. A.,)
What is a risk? ( Raghunandan B. V)
Define a return? ( Raghunandan B. V)
Eight Marks (one problem)

1. Question on Calculation of Expected rate of return. ( Raghunandan B. V)
2. Question on Calculation of Portfolio beta and Expected rate of return on the
portfolio. ( Raghunandan B. V)
1. Discuss the Capital Asset pricing Model and its assumptions. What are its
limitations? ( Raghunandan B. V)
2. Outline the objectives of portfolio management and discuss the elements of
portfolio management? (Avadhani V. A.,)
3. What do you mean by risk? Explain the different systematic and unsystematic
risks in investments?( Raghunandan B. V)
4. What is portfolio management? What are the factors that a portfolio manager
should keep in mind while deciding investment? (Shashi K. Gupta, and Nisha
Aggarwal, Financial Services)
Allotment of marks:
Unit
3
4
Total No.
of
questions
No. of Two
No. of Eight
No. of Twenty marks
Total marks
marks
marks
questions
unit wise
questions
3 questions
questions
2 questions
1 question (internal
6+16+20=42
choice between unit 1
marks
and 2)
4+8+20=32
choice between unit 1
marks
2 questions
and 2)
2 questions (internal
6+16+20=42
1 question
choice of unit 3)
marks
4+8+20=32
2 questions
3 questions
2 questions
2 questions
12 questions
1 question
1 question
7 questions
choice between unit
marks
4 and 5)
4+8+20=32
choice between unit
marks
4 and 5)
6 questions
Model Question Paper

BBMBMC 352 INVESTMENT MANAGEMNT
Section A (Two marks each)
1. a). What are preference shares?
b). Expand CRISIL.
c). Give the meaning of Zero discount bonds?
d). What is a fundamental analysis?
e). What is meant by blue chip stocks?
f). Who is a bear speculator?
g). What is a book building?
h). What is a Futures contract?
i). What is a closed ended scheme of mutual fund?
j). What do you understand by systematic investment plan in mutual funds?
k).The standard deviation of a share is 0.24, while of market is 0.2. correlation
coefficient is 0.9. Calculate the Beta coefficient.
l). What is a portfolio management?
Section B (Eight Marks)
Answer any five of the following:
2.
3.
4.
5.
6.
Explain the features of Investment?

Explain in brief any four credit rating agencies in India?
How to select the shares of blue chip companies?
Explain any four indices of Bombay Stock Exchange?
Explain the advantages of Listing of securities in Stock exchanges to the
investor?
7. Explain the role of Association of Mutual Funds in India (AMFI)?
8. Using CAPM, estimate the required rate of return for each investment when the
risk free rate is 7% and market return is 12%.
Beta
Stock A
1.20
B
0.80
C
1.50
D
0.60
E
1.25
Section C (Twenty Marks each)

Answer the following Questions:
9. Explain the benefits of credit rating to the investor and to the company?
OR
Elucidate technical analysis based on Charting Techniques?
Discuss the functions of stock exchanges in India?

OR
What is listing? Explain briefly the listing procedure.
10. Explain the various risks associated with the mutual funds and the problems of
mutual funds in India?
OR
Discuss the Capital Asset pricing Model and its assumptions. What are its
limitations?
------------------------------------------------------------------------------------------------------
BBMBMC 353: COST AND MANAGEMENT ACCOUNTING
BLOWN-UP SYLLABUS
UNIT I - METHODS OF COSTING
JOB COSTING- Meaning, features, objectives, procedure, advantages and
limitations
(Simple problems on Job Cost Sheet)

BATCH COSTING-Meaning, Features, Economic Batch Quantity- Computation of EBQDifferences between Job Costing and Batch Costing (no problems on Batch Cost
Sheet)
OPERATING (Transport Operation) COSTINGMeaning, Features, Transport Costing, Cost Accumulation-Classification: Fixed or
Standing charges, Maintenance Charges and Operating or Running ChargesCalculation of Passenger/Ton Kilometers (Preparation of Operating Cost Sheet)
UNIT II- CONTRACT COSTING AND PROCESS COSTING
CONTRACT COSTING-Meaning, features, Differences between Job and Contract
Costing, types of contracts, Escalation and De-escalation clause, Work Certified and
Work Uncertified-Treatment of profit or loss on incomplete contracts-Retention moneyCosting procedure-Items appearing in the Balance Sheet of the Contractor (Problems
on contract costing)
PROCESS COSTING-Meaning, features, Differences between Job and Process
Costing, Merits and Demerits-Costing procedure- -Treatment of Process Losses:
Normal and Abnormal loss and Abnormal Gain--By-Products and Joint Products:
Meaning and Differences only. (Problems on Preparation of Process Accounts)
UNIT III-MANAGEMENT ACCOUNTING
MANAGEMENT ACCOUNTING: meaning only;
TECHNIQUES OF COST ANALYSIS AND CONTROL-MARGINAL COSTING-Meaning,
definition, features, advantages and limitations, Basic concepts, Marginal costing
equations,
Cost-Volume-Profit
Analysis,
Break-even
analysis-Break-even
Construction of BE Chart( Simple problems on Break-even analysis)
chart-
UNIT IV-BUDGETS AND BUDGETARY CONTROL

Budget, budgeting and budgetary control-Meaning, Features, Objectives, Advantages
and Limitations Types of Budgets-Functional Budgets, Fixed and Flexible BudgetsProblems on Flexible budgets-Zero-Base Budgeting(Meaning only)
RECONCILIATION OF FINANCIAL ACCOUNTING AND COST ACCOUNTING
PROFIT/LOSS-Reconciliation Statement- Meaning Causes for its preparation-Steps in
the preparation of Reconciliation Statement (Simple and advanced Problems on
preparation of Reconciliation statement)
UNIT V - STANDARD COSTING
Meaning and definition of Standard cost and Standard costing- -Steps involvedAdvantages and Limitations-Differences between Standard Costing and Budgetary
Control- Analysis of Variances-Material, Labour and Overhead Variances-Simple
Problems on Material Variances(Cost, price and Usage)and Labour Variances(Cost,
Rate and Efficiency).
BBMBMC 353: COST AND MANAGEMENT ACCOUNTING

PATTERN OF THE QUESTIONS
UNIT I METHODS OF COSTING
SECTION-A (2MARKS)
1. Theoretical concepts on Job/Batch/Operating costing.
2. Calculation of EBQ
Section-B (8marks)
1. Simple problems on Job Cost Sheet
2. Differences between Job and Batch costing.
3. Calculation of Passenger Kilometers and Ton Kilometers
Section-C (20marks)
Problems on Operating Costing
UNIT II CONTRACT AND PROCESS COSTING
Section-A (2marks)
1. Theoretical concepts on Contract and Process costing.
Section-B (8marks)
1. Treatment of Profit /Loss on incomplete contracts
2.
3.
4.
5.
6.
Short note on different types of Contracts

Simple problems on preparation of Process Cost Account
Differences between By-product and Joint product
Differences between Normal and Abnormal Loss
Simple theories on Contract and Process Costing.
Section-C (20marks)
Problems on Contract and Process Costing
UNIT III-MANAGEMENT ACCOUNTING
Section-A (2marks)
1. Meaning of Management Accounting
2. Theoretical concepts on Marginal costing and Break even Analysis
Section-B (8marks)
1. Theory on Break even chart and its construction
2. Problems on break even analysis
Section-C (20marks)
Problems on Marginal Costing and break even analysis involving calculations
UNIT IV-BUDGET AND BUDGETARTY CONTROL
Section-A (marks)
1. Theoretical concepts on Budgetary Control and Reconciliation Statement
Section-B (8 marks)
1.
2.
3.
4.
5.
6.
Steps involved in Budgetary Control

Reasons for differences between Cost and Financial Account Profits
Steps in the preparation of Reconciliation Statement
Simple problems on Flexible Budgets
Simple problems on Reconciliation Statement of Cost and Financial Account Profits
Differences between Budgetary Control and Standard Costing
Section-C (20 marks)
1. Problems on the preparation of Reconciliation Statement of Cost and Financial Account

Profits/Losses
UNIT V- STANDARD COSTING
Section-A (2marks)
1. Theoretical concepts on standard costing and Variance Analysis.
2. Meaning of Material, Labour and Overhead Variances
Section-B (8marks)
1. Meaning and Definition and Steps involved in Standard Costing
2. Advantages and disadvantages of standard costing
3. Simple problems on Material and Labour Variances
Section-C (20marks) -NIL-
MODEL QUESTION PAPER (2012 Scheme)

CREDIT BASED SIXTH SEMESTER BBM DEGREE EXAMINATION
COST AND MANAGEMENT ACCOUNTING

Time- 3 hours
Max. Marks-120
Section A
(Two Marks Each)
(2X10=20)
Answer any TEN of the following:

1.
a) Define Job costing.
b)
c)
d)
e)
f)
g)
h)
i)
j)
k)
l)
What is operating costing?

What do you mean by escalation clause in contract costing?
What do you mean by Normal loss?
What do you mean by Retention money?
What is Zero base budgeting?
What do you mean by Angle of Incidence?
Define joint products.
Define Management Accounting.
What do you mean by Break Even Point?
Give the meaning of Flexible Budget.
Define standard costing.
Section B
(Eight Marks Each)
(5X8=40)
Answer any FIVE of the following:

2. What do you mean by budgetary control? Explain briefly the procedure
involved in it.
3. What are the reasons for the difference in the profits shown by cost accounts
and financial accounts?.
4. Bajaj Ltd. has adapted a job costing method. It has undertaken Job no.505 for which
the material cost was Rs. 24,000, Direct Labour cost was Rs.12,000 and Direct
expenses Rs.24,000.
The factory overhead is recovered at 50%of factory cost. The administrative
overhead was recovered at 20% on production cost. Selling and distribution
overheads were recovered at 505 of the cost of sales. Prepare a job cost sheet
showing the price to be quoted to make 16.675 profit on Job No. 505.
5. From the following information, calculate total kilometers and total passenger
kilometers:
Number of buses-------------- 5
Days operated in a month---25
Trips made by each Bus---- 4
Distance of route-------------- 25 km one side
Capacity of the Bus--------- 50 passengers
Normal passengers travelling---90% of the capacity
6. You are given the following data Years
Sales
2011
3,00,000
2012
3,50,000
Profit
24,000
32,500
Find outa) PV. Ratio b) Profit when Sales are 3,70,000

c) BEP
d) Margin of safety for the year 2011.
7. For the production of 10,000 products the following is the budgeted expenses.
Prepare a production budget for 9,000 units. Showing distinctly marginal cost
and total cost.
Particulars
Direct material
Variable O H
Variable expenses( direct)
Distribution Expenses (20% fixed)
Direct labour
Selling expenses (10% fixed)
Administrative Expenses (100% variable)
Cost / unit
Rs.120.00
Rs.50.00
Rs.10.00
Rs.10.00
Rs.60.00
Rs.30.00
Rs. 10.00
8. Calculate material variances from the following;Purchases 3,000 kgs for Rs. 9,000.00
Opening stock 100 kgs.
Closing stock 600 kgs.
Production during the year 80 units of output
Standard Quantity of material required for 1 unit of output is 25 kgs.
Standard rate is Rs. 2.5/kg.
SECTION- C [Twenty Marks each]
(3X20=60)
Answer any THREE of the following:

9. The Mangalore fertilizer corporation manufactures three grades of fertilizers.
The following details relate to the month of August, 2013;Particulars
Materials used
Process-A
30,000
Process -B
20,000
Process -C
10,000 tons
Cost per Tone

Wages
Manufacturing Expenses
Sent to warehouse
Transferred to next process
Sales of scrap per ton
tons
Rs.20
1,00,000
50,000
25%
75%
Rs. 10
tons
Rs.10
60,000
40,000
50%
50%
Rs.15
Rs.5
40,000
10,000
100%
----Rs.18
In each process, 4% of the total weight put in is lost and 6% is scraped. No profit is
added in the course of processing but all grades of fertilizers are sold so as to show
25% gross profit on process cost. Prepare the necessary Accounts.
10. Jamadagni under took a contract for
Rs. 500,000 on 1 st January, 2013. From the
following particulars obtained from his books, prepare a contract Account
for the year
ending 31st December, 2013:

Materials
Plant issued
Wages
Working expenses
Administration expenses
Sale of materials
Works certified
Plant in hand on 31-12-2007.
Cost of work un certified
Rs .1,20,000
Rs. 40,000
Rs.1,50,000
Rs.
6,000
Rs 10,000
Rs 10,000
Rs 3,50,000
Rs 20,000
Rs 16,000
The contractor wished to take profit on this contract on estimation basis and
the
following estimation is made;a) The contract could be completed in a further period of six months.
b) The plant will have a residual value of Rs. 5,000 upon completion of the contact.
c) The additional wages to complete the contract would come to Rs. 51,000.
d) A further sum of Rs 4,000 will be spent on working expenses.
e) The administration expenses will be Rs. 5,000 more.
f) The materials required further will cost Rs. 65,000.
11. Mr. Avatar Singh has been given a permit to run a bus in between two towns which
are 25 kms apart. From the following information, assuming 10% profit on takings for
Mr. Avtar Singh work out the bus fare to be charged in between those two towns for
each passenger.
Cost of the Bus-------------------------------------------- 12,00,000

Annual tax---------------------------------------------------
24,000
Diesel for 100 kms----------------------------------------
720
Oil and stores per month -------------------------------
2,000
Garage rent per month----------------------------------
2,000
Repairs Estimated per month-------------------------
4,500
Insurance per annum ------------------------------------
36,000
Tyre and tubes per month------------------------------
3,000
Depreciation @ 25%per annum------ --------------Salary of conductor per month-------------------------
3,000
Salary of Driver per month-------------------------------
4,500
Salary of Accountant per month-----------------------
5,000
Permit fees per month------------------------------------
1,000
Miscellaneous expense per month-------------------
8,000
Commission to driver and conductor @ 10% of the takings to be shared equally by

them. The bus will make 3 round trips every day and it carries 30 passengers on an
average in each trip. The bus will operate for 25 days during the month.
12 .The following figures are available from the financial accounts for the year
ended 31st March 2013.
Direct materials.
Rs. 2,50,000
Direct wages
Rs. 1,00,000
Factory overheads
Rs. 3,80,000
Administration overheads
Rs. 2,50,000
Selling and distribution overheads Rs
Rs. 4,80,000
Bad debts
Rs.20,000
Legal charges
Rs. 5,000
Preliminary expenses
Rs.10,000
Dividend received
Rs.50,000
Interest on deposit received
Rs.10,000
Sales (1,20,000 units)
Rs.7,00,000
Closing StocksWork in process-
Rs.80,000
Finished goods-(40,000 units)
Rs.1,20,000
The cost accounts revealed that the direct materials consumption was Rs. 2,80,000.
Factory Overheads were recovered at 20% on prime cost. Administrative Overheads
were recovered at Rs. 3 per unit of production. Selling and distribution overheads were
Rs. 4 per unit sold.
You are required to show costing profit and loss account and financial profit and
loss account and Reconciliation Statement.
VI SEMESTER BBM
Subject-COST AND MANAGEMENT ACCOUNTING
MODEL QUESTIONS
1.
2.
3.
4.
5.
6.
7.
8.
9.
SECTION A (Two marks each)
What do you mean by cost plus contract?

Define Budgetary Control
What is meant by Angle of Incidence?
What do you mean by a flexible budget?
What is an escalation clause?
What do you mean by joint product?
How do you treat abnormal effectiveness?
How do you calculate material price variance?
The cost of production for product A is Rs. 140. If the firm wants to earn a profit
of 33 .33% on selling price what should be the sales price?

10. What do you mean by break-even point?
11. Define economic batch quantity
12. What is a key factor or limiting factor?
13. Give the meaning of abnormal loss
14. What do you mean by a by product?
15. Mention two drawbacks of budgetary control
16. What do you mean by work certified?
17. What do you mean by retention money?
18. Define marginal costing

19. What is batch costing?
20. What is meant by p/v ratio (Profit Volume ratio)?
21. What do you mean by normal loss?
22. What is the main object of reconciliation statement?
23. Give the meaning of Joint cost.
24. Give the meaning of subsequent expenses or separation cost?
25. What is meant by cost variance?
26. What do you mean by work certification?
27. What is idle time variance? How is it determined?
28. What is job costing?
29. What do you mean by operating or service costing?
30. What do you mean by margin of safety?
31. Define wastage?
32. Give the meaning of scrap.
33. State any 2 methods of computing the profit on in completed contract
34. .Suggest a suitable method of costing for i) Railways ii) Interior Decoration iii)
Repair shop iv) Oil refineries v) Printing press
35. If the profit is 25% on sales , how much is the percentage on cost?
36. What is retention money? Why is it retained?
37. Mention any two advantages of marginal costing
38. Mention any two advantages of standard costing
39. Mention any two advantages of budgetary control
40. Mention the components of works cost
41. A method of costing followed in a public utility
42. Define flexible budget
43. From the following data find out marginal cost: sales -10,00,000 Rs. Fixed
expenses.Rs.3,00,000. Profit Rs. 2,00,000
44. What do you mean by master Budget?
45. Give the meaning of functional budget
46. Define standard cost
47. What do you mean by split off point
48. Give one example for the following: a) Variable cost b) Fixed cost
variable cost
49. How the profit volume ratio is improved?
50. Give the meaning of Escalation clause
51. What is adverse variance?
52. Give the formula for labour efficiency variance
53. What you mean by favourable variance?
54. Define labour cost variance?
55. How do you find contribution in marginal costing?
56. How WIP shown in the Balance sheet
57. Define budget.
58. What is notional profit?
59. Define process costing.
c) Semi-
60. Which method of costing is suitable for ship building industry and hospital?
AUDITING (BBM 354) BLOWNUP SYLLABUS

UNIT I = INTRODUCTION
Definition of auditing features of auditing, advantages, objectives of audit, detection and
prevention of errors and frauds.
Classification of audit statutory, private, government, internal, continuous, annual,
interim, partial, balance-sheet, cost tax, management and social audit, Preparation
before audit audit programme- audit note book audit working papers Procedure of
audit Techniques of audit.
UNIT II = INTERNAL CONTROL
Meaning features and objectives Internal Check meaning, definitions, features,
objectives, advantages and disadvantages.
Internal check regarding cash receipt, cash payments, wages and stores.
(Note: good system of internal check instead of features)
UNIT III = VOUCHING
Meaning, objectives and importance Vouching of cash receipt transactions- cash sales,
B/R, receipts from sale of fixed assets, cash payment transactions cash purchases,
payment to creditor, wages, remuneration to auditor, purchase of investment, capital
expenditure and petty cash book.
UNIT IV = VERIFICATION OF ASSETS AND LIABILITIES
Classification of assets and verification and valuation of different assets- fixed, floating,
wasting, intangible, fictitious assets and contingent. Valuation of stock- Auditors dutyverification of liabilities meaning, auditors duty.
UNIT V = COMPANY AUDITOR
Meaning, disqualification, appointment, rights and duties. Liability of the company auditor
Civil Liability for Negligence - Case Lead Estate Building Investments Co. V/S
Shepherd, London Oil storage Co. V/S Seears Husluck and Co. - Civil Liability for
Misfeasance Case London and General Bank Ltd., Kingston Colton Mills Co. Ltd.,
Union Bank of Allahabad, - Criminal Liabilities of an Auditor under Companies Act of
1956 and Chartered Accountants Act; Auditors Report meaning, importance and
types; Professional Ethics of an auditor meaning, professional misconduct.
AUDITING (BM 354) QUESTION BANK

UNIT 1 : Introduction (2 marks questions)
1. Define auditing.
2. Explain any two features of auditing.
3. What do you mean by statutory audit OR private audit OR government audit OR
internal audit OR interim audit OR partial audit OR management audit OR social
4.
5.
6.
7.
audit OR annual audit?

What do you mean by balance sheet?
Give the meaning of Cost.
Give the meaning of Tax.
Give the meaning of routine check OR test checking OR surprise check OR audit in
depth OR tick marks OR footing.

8. What do you mean by audit note book?
9. Give the meaning of omission OR commission OR compensating error OR error of
principle.
(8 marks questions)
1.
2.
3.
4.
Explain the features of audit.

Explain the advantages of audit. (owners, business and public only)
Explain the contents of audit working papers.
Classification of audit statutory OR private OR government OR internal.
5. Audit Note Book advantages OR disadvantages OR contents.

6. Explain the techniques of audit.
7. Explain the preparations done by an auditor before commencing an audit.
(20 marks questions)
1. Explain in detail detection and prevention of errors.
2. Explain in detail detection and prevention of frauds.
3. What do you mean by continuous audit? OR Define continuous audit. Explain its
advantages and disadvantages.
4. What do you mean by audit program? Explain it advantages and disadvantages.
UNIT II : Internal Control (2 marks questions)
1.
2.
3.
4.
5.
6.
Give the meaning of internal control.

Give the meaning of internal check.
Define internal check.
Explain any two features of internal control.
Explain any two objectives of internal control.
Explain any two objectives of internal check.
(8 marks questions)
1.
2.
3.
4.
Features OR objectives of internal control.

Objectives of internal check.
Explain the advantages OR disadvantages of internal check.
Internal check regards - cash receipts OR cash payments OR stores.
1. Internal check regards wages.

2. What do you mean by internal check? Explain the good system of internal check in
the organization.
UNIT III : Vouching

(2 marks questions)
1. Give the meaning of vouching.
2. Give the meaning of wages.
3. Give the meaning of remuneration OR petty cash book.
(8 marks questions)
1. Explain the objectives of vouching.
2. What are the importances of vouching?
3. Explain cash receipt transactions (cash sales OR B/R OR receipts from sale of fixed
assets)
4. Petty cash book (any 2)

1. Explain cash receipt transactions (all the three) OR cash payment transactions (any
four)
UNIT IV : Verification of Assets and liabilities
(2 marks questions)
1. Give the meaning of verifications of liabilities.
2. Give the meaning of fictitious assets OR floating assets OR wasting assets OR
intangible assets.
(8 marks questions)
1. Explain the auditors duty regarding verification of stock.
2. What do you mean by verification of liabilities? What are the duties of an auditor
regarding verification of liabilities?
1. Explain the verifications and valuations of different types of assets in an
organization.
UNIT V : Company Auditor
(2 marks questions)
1.
2.
3.
4.
5.
6.
Give the meaning of company auditor.

What do you mean by auditors report?
What are the types of audit reports?
Give the meaning of Clean/unqualified report OR Qualified/adverse report.
Give the meaning of professional ethics.
Give the meaning of professional misconduct.
(8 marks questions)
1.
2.
3.
4.
On what grounds the auditor is disqualification OR appointed?

Explain Civil Liability for Negligence with one case.
Explain Civil Liability for Misfeasance with one case.
Explain Criminal Liabilities of an Auditor under Companys Act.
5. Explain importance of auditors report.

6. Explain professional misconduct.
1. What are the rights of a company auditor OR duties of a company auditor?
VI Semester BBM Project Report/FIELD STUDY

The objectives of the Project work in BBM course curriculum are:
To equip with practical knowledge as to the business unit/firm.
To enable students to develop further skills and knowledge gained on the course
by applying them to the analysis of a specific business problem or issue, via a
substantial piece of independent work carried out over an extended period.
To demonstrate proficiency of students in design of a project, collection, analysis,
interpretation of data, and presentation of results.
Guidelines for BBM students to prepare Project work report
SPIRAL BINDING IS NOT ALLOWED.
Components of Project report
Title of the project work: this should convey the general issues that the student is
interested in. The title should not be generic in nature and should imply that the
work is being made to be able to make certain conclusions. The title may indicate
the organization in which the research is being carried out. As far as possible, Title
should be simple and clear and precise.
Objectives: objectives of the project should be clearly mentioned.
Methodology: You should specify the methodology which you are going to adopt to
carry out the project.
Criterias for selecting the topic and organization:
aElective subject Or Area of Interest: Project can be undertaken on Elective
subject or area of interest or General study covering all areas of management or
Students shall make a study of any of the following four key areas of management
namely production/marketing/finance/human resource.
b
Originality: Your project work must be carried out by yourself and must be
original. You can certainly take ideas from elsewhere, but be sure that you evolve
them in the unique way to suit your project requirements.
cCompany specific: the project work should be undertaken in a company or any of
its departments or any business establishments. The outcome of the project work
should be useful to the organization or establishment.
dStudents must consult their guide in selection of topic. Study shall be under the
guidance of a faculty member.
eStudents can do the Project in the organization where you are intending to work. It is
good Idea to link your project to your future plans. This will be a useful for your future
job prospects and it will also demonstrate to your potential employers about your
enthusiasm and knowledge.
f Remember that you have constraints of resources like time, monetary, infrastructure,
so, it is necessary to complete your project within the specified constraints.
Planning for the project work

It is necessary to plan ahead, to make sure that students must complete their work
within the specified time for the project work. To achieve this, students should
work out a precise schedule.
Note:
1 The full content of the report must be hard bound together so that the pages cannot
be removed or replaced. The cover of the report must contain Title, Name of the
student, and Registration number of the student, Name of the guide with
designation, College name with Place name, Month and year of submission.
2 Text pages should be printed on one side of the paper, preferably with 1.5 line
spacing, and page numbers at the bottom of the each page. Margins should be 2 on
the left and 1 on the right.
3 Please use separate index sheets for all chapters each chapter should start from a
new page.
4 The declaration must be duly signed by the student
5 The project report must be about 60-100 pages.
6 Report must contain all the necessary documents such as Certificate from the
Principal,
Certificate
from
the
guide,
Certificate
from
the
study
organization/firm/company, declaration from the student, acknowledgements etc.

7 Original copy of the project report /dissertation must be submitted to the University
for Evaluation. The Project report shall be submitted to university through the
principal of the concerned college at least 1 week before the commencement of
examinations.
8 Chapter 1: INTRODUCTION must include the following:
-An overview of the study
-Objectives of the study
-Scope and Limitation of the of the study
-Methodology
-Plan of the study or Chapter classification
10. General assessment factors are as follows:

SL.NO
1
ASSESSMENT FACTOR
Appropriateness of title and proper index pages
2.
3.
Methodology:
a Objectives of the study
b Scope and limitation of the study
c Data Collection methodology, sample design etc.
d Questionnaire or Interview schedule etc.
Review of related literature or conceptual framework
4.
Profile of the industry or Profile of Study organization
5.
6.
Data Analysis and Interpretation/Findings of the study:

a Tabulation and interpretation
b Diagrammatic and Graphical presentation
Summary and Findings
7.
Suggestions and Conclusions
8.
Appendices and Bibliography

Note: Maximum 30 marks for Viva--voce which will be conducted at the
concerned college. For viva-voce external Faculty may be invited.
General Format of the project /dissertation:

1. Front wrapper Cover Page
Title, Name of the candidate , Registration number of the student, Name of the guide
with designation, college name with Place name, College name and place in Block
Letters, Month and year of submission.
2. Certificate from the College Principal
3. Certificate from the Guide
4. Certificate from the study organization/firm/company
5. Declaration of the Student
6. Acknowledgements
The candidate may thank all those who helped in the preparation of project work.
7. Table of Contents
Refer the list of contents specimen given below
8. List of Tables
Tables, if any, with Table No., Title of the Table and Page No. be given for each
table. (Refer the specimen given below).
9. List of Figures
Figures if any, with figure No., Title of the Figure and Page No. be given for each
figure. (Refer the specimen given below).
10. Main Body of the Project/Dissertation
The main body of the dissertation may be divided into 4 to 6 Chapters with
suitable Title for each Chapter. The first chapter will be the Introduction. The last
chapter shall be invariably Conclusion. For each table source note should be
given at the bottom of each table. The total number of pages of the
Project/Dissertation may be between 60 to 100 pages.
11. Reference section
After all Chapters are presented, Appendices are included.
Appendix I: Copy of the questionnaire or Schedule, or Balance sheets (if any)
Appendix II: Bibliography (Give full list of Books, Reports, Journals and
Newspapers referred in alphabetical order of authors under respective headings)
Sample Content Page
LIST OF CONTENTS
----------------------------------------------------------------------------------------------------------Page No
List of Tables
List of Figures
Chapter 1: Introduction
Chapter 2: Review of Literature (if any) OR Conceptual Framework
Chapter 3: Profile of the study organization

Chapter 4: Analysis and Interpretation of Data OR Findings of the Study
Chapter 5: Summary and Conclusion
Appendices OR Annexure
Bibliography OR References
Sample List of table and Figure Page

List of tables may be given as below. Given is just an example
LIST OF TABLES
Table No.
Title of the Table
Page
No.
1
World Tourist Arrivals
Foreign Tourist Arrivals in India

3.1
Employment creation in Tourism
Note: In the table numbers given, the first one indicates the Chapter number and the
second number following the dot refers to the number of the table in that chapter.
LIST OF FIGURES
Figure No.
Title of the Figure
Page
No.
1
Year-wise World Tourist arrivals

2.1
Year-wise Foreign Tourist Arrivals in India
Note: The fist number in the figure indicates the Chapter number and the second
number after the dot refers to the number of the figure in that chapter.
FINANCIAL MANAGEMENT - Paper-II Financial Analysis

Blown Up Syllabus
Unit- 1: Financial statement Analysis
Financial Statements: Meaning, types, nature, objectives, uses and limitations.Financial
statement Analysis: Meaning, objectives, need, steps, types and techniques of analysis.
(One or two 8 marks theory questions, 8 marks problem on techniques of analysis and
few 2 marks questions shall be asked)
Unit- 2: Fund flow and Cash flow Analysis
Fund Flow: Meaning of fund, fund flow and fund flow statement, Sources and
application of funds, Preparation of Fund flow statement: Statement of changes in
working capital, Statement showing funds from operation and Fund flow statement
(simple problems). Uses and limitations of Fund flow statement.
Cash Flow: Meaning of cash, cash flow and cash flow statements. Types of cash flows,
Preparation of Cash flow statement as per AS-III only (indirect method). Uses and
limitations of Cash Flow Statement. (One 8 marks theory/problem on FFS, one 8 marks
theory/problem on CFS and 20 marks problem on FFS/CFS and few 2 marks questions
shall be asked)
Unit- 3: Ratio Analysis
Meaning, objectives, importance and limitations of ratio analysis, Du pont analysis
(meaning only).Types of ratios: Liquidity, leverage/Capital structure, profitability ratios
related to sales and investments, ROI and Activity ratios. Problems on calculation of
ratios and preparation of Financial statements with the help of ratios. (One 8 marks
problem/theory, one 20 marks problem, and few 2 marks questions shall be asked)
Unit-4: Leverage Analysis
Meaning of risk, business risk and financial risk (in brief). Meaning of leverage, types of
leverage and computation of operating, financial and combined leverage. Computation
of Degree of leverage, EBIT, EPS analysis.(One 8 marks theory/problem, one 20 marks
problem and few 2 marks questions shall be asked)
Unit-5: Creation of Wealth
Corporate financial strategy and Decision making: Corporate financial strategic
planning, key elements of strategic planning, Approach to strategy; Economic Value
Added (EVA) and Market value added (MVA).
EVA - meaning, basic premise, uses and limitations, Computing EVA to measure
performance and assess strategy. MVA and Balanced Score card (in brief).
(One 8 marks theory/problem and few 2 marks questions shall be asked)
FINANCIAL MANAGEMENT - Paper-II Financial Analysis

Section A (2Marks each)
Answer any TEN of the following in two or three sentences each
Q. No. 1 In this section 12 questions shall be asked covering at least 2questions from
each Unit. Simple calculations can also be asked.
Section B (8 Marks each)
Answer any Five questions
Q. No. 2 to 8
Problems on the following aspects may be asked:
Techniques of financial analysis

Fund Flow analysis
Cash Flow analysis
Ratio analysis
Types of Leverage
Economic Value Added valuation
2 or 3 theory questions from any Unit.

Section C (20 Marks each)
Answer any THREE questions
Q. No. 9 to 12
3 problems on any of the following aspects may be asked.
Fund flow statement

Cash flow statement
Ratio Analysis
EBIT & EPS analysis
3 or 4 Short notes from any Units, preferably covering the aspects on which 8 marks
questions are not asked.
Books for Reference (along with other books specified in the syllabus):
1. Financial management (Principles and Practice): Dr. S.N.Maheshwari
2. Financial Management and policy: V.K.Bhalla
3. Financial Management: M.Y.Khan and P.K.Jain
4. Fundamentals of Financial Management: Prasanna Chandra
5. Financial Management: Sheeba Kapil
6. Management Accounting: R.S.N.Pillai and Bhagavathi.
7. Financial Management: Dr.P.C.Tulsian
BM355/356 MARKETING MANAGEMENT

PAPER II Advertising and Sales Management
Unit I: Advertising: Meaning, definition, Features, Objectives, Importance,
Classification of Advertising, Limitations of Advertising, History and Development of
Advertising in India, Relationship of Advertising with other Communication Tools
Advertising v/s Personal Selling, Advertising v/s Publicity. Advertising Budget
Meaning, Factors Influencing Advertising Budget Allocation. Methods of Allocating
Advertising Budget-
12.
Unit II: Media Planning and Copy DevelopmentAdvertising Media: Meaning,

Factors influencing Media Selection. Types of Media: Print Media, Electronic Media,
Outdoor Media, Transit Media, Direct Mail and Speciality Advertising, Internet
Advertising ,Email Advertising ,Interstitials. Advertising Copy: Meaning and Definition
,Types and
Elements of Advertisement Copy , Essentials of Advertising Copy,
Advertising LayoutMeaning, Principles and Essentials. Advertising Appeals

Meaning and TypesRational, Emotional and Moral Appeals. Ethical Issues in
AdvertisingASCI-
12.
UnitIII:Advertising Agency and Measuring Effectives of Advertising: Advertising

AgencyMeaning, Types - In-house Agency, General Agency, Industrial Agency, Full
Service Agency., Functions Performed by Full-Service Ad-Agency. Specialised
Agency-Research Agency, Creative Boutique and Media Buying Agency. Factors
Considered in Selection of Advertising Agency. Agency Compensation-Meaning,
Methods-Commission System, Fees system and Service charges. Client Turnover
Meaning and reasons for Client Turnover. Measuring Effectiveness of Advertising
Reasons for Testing Advertising Effectiveness. Communication Effect and Sales

Effect Research .Pre-testing Post-testing and Concurrent testing Meaning and
Methods (Laboratory measures-Consumer Jury, Portfolio tests, Physiological and
Psychological Measures. Measures-Eye camera
Tachistocope
Recognition Test,
Recall Tests)
12.
Unit IV: Sales Forecasting and Sales Organisation: Sales ForecastingMeaning,

Objectives and
Methods of Sales Forecasting.
Sales Organisation: Meaning,
Definition, Importance and Functions-
12.
Unit V: Salesmanship: Meaning, Definition and Importance of Salesmanship. Selling

Process- Steps in selling process.Kinds of Salesman Pioneering Salesman, Dealer
Servicing Salesman, Merchandising Salesman, Speciality
salesman, Counter
Salesman, Outdoor salesman

Recruitment of salesman: Source Training of Salesman: Meaning, Need, objectives,
Methods and contents of a Good Training Programme. Qualities of a successful
salesman. Motivation of Salesman: Meaning, Need and Methods of Motivating
Salesman.
Compensation or Remuneration of Salesman: Objectives of Good
Remuneration plan; Essentials of a good Remuneration plan; Methods of

Remunerating the Salesman. Supervision and Control of Salesman: Meaning and
Need for Control of Salesman. Methods of controlling Salesman.
12.
Case Studies in all Units

Books for Reference
1.
2.
3.
4.
5.
Advertising Management and Indian PerspectiveP K Agarwal

Foundations of Advertising Theory and PracticeS A Chunawalla & K C Sethia
Advertising and Sales PromotionS H H Kazmi & Satish K Batra
Modern Marketing Principles and PracticesR S N Pillai & Bagavathi
Advertising and Sales Promotion ManagementAn Indian Perspective Text and
6.
7.
8.
9.
CasesS L Gupta & V V Ratna

Marketing ManagementK D Basava
Marketing ManagementPhilip Kotter & Kavin Lane Keller
Salesmanship and Sales ManagementP K Sahu & K C Raut.
Marketing and Salesmanship B.S. Raman
10. Marketing Management Text and cases
An Indian Perspective Dr R.L.
Varshney and Dr.S.L. Gupta
Model Question Paper

VIth Sem B.B.M. Marketing Management
Paper-II Advertising and Salesmanagement
Time:3hrs
Maxi marks:120
Section -A
1]
Answer any ten questions in 2 or 3 sentences each
a)
b)
c)
d)
e)
f)
g)
h)
i)
j)
k)
l)
Define publicity.
What do you mean by professional advertising?
Give the meaning of Full service ad-agency.
What do you mean by creative boutique?
What is a transit media?
What is an Endorsement copy?
What are moral appeals?
What do you mean by sales forecasting?
Who is a Counter salesman?
What are Recall tests?
What is a Headline in advertising copy?
What is E-mail advertising?
2x10=20
Section-B
Answer any 5 questions.
5x8=40
2] Explain the objective and task method of allocating advertising budget.

3] What do you mean by advertising layout? What are the essentials of a good
advertising layout?
4] What do you mean by client turnover? What are the reasons
5)Explain the different methods of remunerating ad-agency?
6) What are the different techniques of sales fore casting .
7) What is pre-testing? What are the methods of pre-testing?
8) What are the contents of good training program to the salesman?

Section-C
Answer the following questions.
20x 3=60
9) Define advertising. What are the different classes of advertising.

OR
What do you mean by advertising budget? Explain the different methods of allocating
advertising budget.
10) What do you mean advertising media? Explain the different kinds of advertising
media
OR
What is an advertising agency? What are the functions performed by full service
advertising agency?
11) a) What are the elements of a advertisement copy? Explain.

b) Case Study
10
10
Cosmetics India LTD is company manufacturing several cosmetic products. The present
sales turnover of the company is around RS.8500cores a year .It wishes to double its
sales in next two years. Marketing manager of the company is given a budget of Rs.85
cores which is 10% of present sales for promoting their products.
a) Suggest a suitable advertising media for promoting their products.
5
b) Is it advisable for the manager to invest all amount for advertising? Why? 5
QUESTION BANK
UNIT I
2Marks
1.Define Publicity?
2.What is Propaganda?
3.What is National Advertising?
4.What is global advertising?
5.What do you mean by consumer advertising?
6.What is professional advertising?
7.What is Industrial advertising?
8. What is trade advertising?
9.What is institutional advertising?
10.What is corporate advertising?
11.What is Idea advertising?
12.What is public service advertising?
13.What is service advertising?
14.What is Financial advertising?
15.What is personal advertising?
16.What do you mean by competitive parity method allocating advertising budget
method ?
17.What do you mean by arbitrary method of allocating advertising budget?
18.What do you mean ROI method of allocating advertising budget?
8 Marks
1. What are the objectives of Advertising?
2. Difference between Advertising and Personal Selling
3. Difference between Advertising and Publicity
4. What are the Factors influencing the Advertising budget allocation?
5.What are the limitation of advertising?
6. What are the features of Advertising?
7.What is objective and task method of allocating advertising method, What are its
merits and demerits?
8.What are the advantages and disadvantages of percentage of sales method of

allocating advertising budget?
20 Marks
1. Explain various classes or Classifications of Advertising
2. What are the Advantages and Limitations of Advertising,
3.Describe the services rendered by advertising to various classes of
Society?
4. What are the different Methods of allocating Advertising Budget
5.What is the significance of advertising in modern business world ?
Unit II
2 Marks
1.What is Mural advertising?
2.Who are Sand witchmen?
3. What do you mean by Neon signs?
4. What do you mean by transit advertising?
5. What do you mean by Internet advertising?
6. What do you mean by Email advertising?
7. Give the meaning of Interstitials.
8.What do you mean by Superstitials ?
9.What do you mean by Endorsement copy ?
10.What do you mean reason why copy ?
11.What do you mean by Institutional copy?
12.What do you mean by colloquial copy ?
13.What is ASCI ?
14.What are emotional/ rational /moral fear appeals ?
15.What is a Headline ?
16. What is a Sub-Headline ?
17.What is a Slogan ?
18.What is Balance/ Movement /contrast in an advertisement copy?
people in the
19.What do you mean by classifieds ?

8 Marks
1.What do you mean by Print media? What are the merits and demerits?
2.What are the factors to be considered while selecting advertising media?
3. Write a note on Electronic media?
4. Write a note on Outdoor Media of advertising?
5. Write a note on Transit Media?
6. Write a note on Speciality advertising? Write a note on ethical issues in advertising?
7. What are the different types of advertisement Copy?
8. What is direct mail advertising? What are its merits and demerits?
9. What is Advertising Appeal? Explain the types of Advertising Appeal
10. What are the essentials of Advertising lay out?
11. Explain the principles of a good advertising lay out
12. What are the ethics in advertising?
13.What are essentials of good advertisement copy?
14. What are the elements or components or various parts of a advertisement copy?
15.What are the essentials of good advertising lay out?
16. What are the principles of good advertising lay out?
20 Marks
1. Explain various types of Advertising Media with their merits and demerits?
2. Explain the different types of Advertisement Copy? What are the essentials of a good
Advertising copy?
3. What do you mean by outdoor advertising? What are the different forms of outdoor
advertising? What are their merits and demerits?
UNIT III
2marks
1.What is a In house agency ?
2.What is full service ad agency ?
3.What is a specialized agency ?
4.What are creative Boutiques ?
5.What do you mean by client turn over ?

6.Who is an accounts executive ?
7.What is a Ala-carta agency ?
8.What is a pre test / post test/ concurrent test?
9.What is meant by communication effect research?
10 .What is meant by sales effect research?
11.What are portfolio tests ?
13.What is eye camera ?
14.What is recognition test ?
15. What is a recall test ?
16. What is a aided recall test ?
17. What is a un aided recall test ?
18.What is trailer test ?
19.Inquiry test?
20.Meaning of Tachistocope/Galvanometer/perceptoscope /pupilometer
21.What is a penetration test?
22. What is triple association test ?
23. What is Intend to buy Test ?
24.What is a attitude test ?
8 marks
1. What are the different types of advertising agency?
2. Explain various functions of advertising agency
3. What are the various methods of compensating agency personnel
4 What are the reasons for client turnover?
5.What are the factors to be considered while selecting ad agency?
6.What is pre-testing ? what are the advantages ?
7.What are the reasons for measuring effectiveness of advertising ?
20marks
1.Explain the methods of measuring the effectiveness of advertisements.

2.What is a full service ad agency ? what are the functions performed by a full service
ad agency
UNIT IV
2mars
1.What is sales forecasting ?
2.Define sales organization.
8 marks
1. Define Sales forecasting and explain various methods of sales forecasting
2. Explain the objectives of sales organisation.
3. What are the functions of sales organisation?
4. What is the Importance of sales organization?
5.What is sales forecasting ? what are the objectives of sales forecasting ?
UNIT V
2marks
1. Who is a pioneering salesman ?
2. Who is a speciality salesman ?
3. Who is a counter salesman ?
4. Who is a missionary salesman ?
5.What are sales quotas ?
6.What is a sales manual ?
7.What is Apprenticeship ?
8.What are sales contest ?
8marks
1.What is the Importance of salesmanship?
2. Explain different Kinds of salesmanship
3. Explain the various methods of Motivating salesman
4. Why there is a need to motivate the salesman ?
5.Why there is a need of controlling the salesman ?

6.Explain the steps in selling process.
7.What are the contents of a good training programme to salesman/?
8.What do you mean by recruitment of salesman ? what are the sources.
9.What is the need of training the salesman?
10.What are the objectives of training the salesman?
11.What are the individual methods of training the salesman ?
12. What are the group methods of training the salesman ?
13.Why there is a need to motivate the salesman ?explain
14.What are the objectives of a good remuneration plan to salesman?
15.What are the essentials of a good remuneration plan to salesman?
20marks
1. Analyse various methods of sales forecasting
2. Explain different methods of Compensating salesman
3. What are the qualities of successful salesman?
4. Explain the term recruitment and its sources
5. What are the different methods of Training salesman
6. What are the different methods of motivating salesman?
VI SEMESTER BBM
BM 355/356: HUMAN RESOURCE MANAGEMENT-ELECTIVE

PAPER II: INDUSTRIAL RELATIONS & LABOR LEGISLATIONS
Blown Up Syllabus
Unit I
12 hrs
Industrial Relations and Trade Unions- Meaning and Definition of Industrial Relations,
Characteristics, Objectives, Three Actors of Industrial Relations: Workers & their
organisations, Employers & their organisations and Government- Approaches to
Industrial Relations: Psychological, Sociological, Human Relations, Gandhian approachCauses of poor industrial relations, Measures for improving industrial relations or
Conditions for congenial industrial relations.
Trade union-Meaning & Definition of trade union, Nature or Characteristics, Objectives,
Why workers join trade unions?, Functions of trade unions, Types/Structure of trade
unions: Craft Union, Industrial Unions, General Unions and Federations, Historical
Evolution of Trade Union or Development of trade unionism in India, Problems and
Shortcomings of Trade Unions in India, Measures for strengthening Trade unions,
Objectives of Indian Trade Unions like AITUC, INTUC, BMS, UTUC & CITU.
Case Study.
Unit II
12 hrs
Industrial Disputes- Meaning & Definition of Industrial Disputes, Forms of Industrial

Disputes: Strikes, Lockouts, Gherao, Picketing- Types of strikes, Causes of Industrial
Disputes: Economic Causes, Managerial Causes, Trade Union Causes and Legal or
Political Causes- Prevention of Industrial Disputes: Labor Welfare Officer with functions,
Model Standing Orders, Code of Industrial Discipline, Grievance Procedure, Collective
Bargaining, Works Committees with functions, Joint Management Councils with
functions, Suggestion Scheme, Tripartite and Bipartite Bodies: ILC and SLC with
Objectives of ILC & SLC- Settlement of Industrial Disputes: Investigation, Mediation,
Conciliation, Voluntary Arbitration, Compulsory Arbitration or Adjudication-Differences
between Arbitration and Adjudication.
Case Study.
Unit III
12 hrs
Collective Bargaining and Workers Participation in Management- Meaning &

Definition of Collective Bargaining, Characteristics or features or Nature of Collective
Bargaining, Objectives, Significance or Importance, Process of Collective bargaining:
Preparing for Negotiations, Identifying bargaining issues, Negotiation, Reaching an
agreement, Ratification of the agreement and Administration of the agreement- Types of
Collective bargaining: Conjunctive or Distributive bargaining, Cooperative bargainingProductive bargaining and Composite bargaining, Functions of Collective bargaining,
Essential conditions or Pre-requisites for the success of Collective Bargaining.
Workers Participation in Management-Meaning & Definition, Objectives, Forms of
WPM: Works Committee, Joint Management Councils, Joint Councils, Shop Council,
Suggestion
Scheme,
Worker
Director,
Co-partnership,
Quality
Circles,
Co-
determination, Autonomous Work Groups, Unit Councils and Quality of Work LifeMerits and Demerits of WPM, Essential conditions for successful working of WPM.
Quality Circle-Meaning, Objectives, Organizational Structure, Benefits and Limitations
of QCs. Quality of Work Life-Meaning, Major issues in QWL, Measures or Techniques
for Improving QWL.
Case Study.
Unit IV
12 hrs
Discipline and Grievance- Meaning of Discipline, Objectives of Discipline, Types of

Discipline: Positive or Self and Negative or Punitive Discipline- Meaning of Indiscipline,
Causes of Indiscipline: Internal Causes and External Causes- Disciplinary procedure,
Essential of a good disciplinary system or Principles of Industrial Discipline. Meaning of
Red Hot-Stove Rule and its features, Code of Discipline with meaning and its principles.
Employee Grievance- Meaning of Employee Grievance, Causes of grievances: From
Management Policy, From Working Conditions, From Personal Maladjustment- Methods
of Understanding Employee Grievances: Exit Interview, Opinion Surveys, Gripe Boxes
and Open Door Policy- Grievance Procedure or Grievance Redressal System, Prerequisites or Essential condition or Principles of a sound Grievance Procedure.
Case Study.
Unit V
12 hrs
Employee Welfare & Social Security- Meaning of Employee Welfare, Objectives or

Benefits of Employee Welfare, Types of Welfare Services: Intramural & Extra-mural.
Social Security-Meaning of Social Security, Types of Social Security: Social Insurance
and Social Assistance. The Workmens Compensation Act, 1923, The Employees State
Insurance Act, 1948, The Employees Provident Funds and Miscellaneous Provisions
Act, 1952, Maternity Benefit Act, 1961 with coverage and benefits.
Case Study.
VI SEMESTER BBM
BM 355/356: HUMAN RESOURCE MANAGEMENT-ELECTIVE II
PAPER II : INDUSTRIAL RELATIONS & LABOR LEGISLATIONS
MODEL QUESTION PAPER (REVISED SYLLABUS-2012)

SECTION-A
Answer any TEN questions:
(2X10=20)
1. a) Write any two functions of Joint Management Councils.

b) What is Grievance?
c) Mention any two objectives of India Labour Conference.
d) Define Industrial Relations.
e) Write any two objectives of Workers Participation in Management.
f) What is craft union?
g) What is punitive suspension?
h) What is Code of Discipline?
i) Write any two uses of Exit Interview?

j) What are the types of Social Security benefits?
k) What is Lockouts?
l) State any two objectives of AITUC.
SECTION-B
Answer any FIVE questions:
(8X5=40)
2. What are the essential conditions for sound Industrial Relations?

3. Explain the various types of strikes.
4. Differentiate between Adjudication and Arbitration.
5. What are the principles of a sound grievance procedure?
6. What are the principles of Industrial Discipline?
7. Explain the essential conditions for the success of collective bargaining.
8. Explain the Coverage and benefits provided under the Workmens Compensation
Act, 1923.
SECTION-C
Answer all questions:
(20X3=60)
9. What are the problems of Indian Trade Union? Suggest the measures for
strengthening Trade union in India.
OR
Explain the Principles of Industrial Discipline. What are the steps involved in
redressal of grievances?
10. Explain the machineries available for the settlement on Industrial disputes.
OR
Explain the various types of welfare services provided in the organization.
11 a) What are the forms of workers participation in management?
b) Case Study.
VI SEMESTER BBM
BM 355/356: HUMAN RESOURCE MANAGEMENT-ELECTIVE II
PAPER II : INDUSTRIAL RELATIONS & LABOR LEGISLATIONS
Question Bank
Unit I
Industrial Relations and Trade Unions
Two Marks Questions
1 Definition of Industrial Relations.
2 Define Trade Union.
3 Any two objectives of AITUC
4 What is Craft Union?
5 What is meant by Primary Strike?
6 What do you mean by Intra-mural functions of Trade Unions?
Eight Marks Questions
1 Define Industrial Relations. Explain the Role of the Actors of Industrial Relations?
2 What are the measures for improving Industrial Relations or conditions for Congenial
Industrial Relations?
3 What are the objectives of Trade unions?
4 Why do workers Join Trade Unions?
Twenty Marks Questions
1 What are the Objectives of Industrial Relations? Explain the causes of Poor Industrial
Relations.
2 Define Trade Union. What are the Functions of Trade Unions and explain the problems
of Trade Unions.
Unit II
Industrial Disputes
Two Marks Questions
1 What do you mean by Industrial Dispute?
2 What is Strike?
3 What do you mean by Gherao?
4 Define Lock-out.
5 What do you mean by Voluntary Arbitration?
6 Two objective of I.L.C.
1 What are the different forms of Industrial Disputes?
2 What are the functions of Labour Welfare Officer?
3 Write a note on Model Standing Orders.
4 Write a note on Works Committees with functions.
1 What are the Causes of Industrial Disputes and What are the preventive measures of
Industrial Disputes?
2 What are the methods of Settlement of Industrial Disputes?
Unit III Collective Bargaining and Workers Participation in Management
Two Marks Questions
1 What are the two stages of Collective Bargaining Process?
2 What is Shop Council?
3 What do you mean by Quality Circle?
1 What are the essential conditions for the Success of Collective Bargaining?
2 What are the Importance of Collective Bargaining?
3 What are the essential conditions for the successful working of WPM?
4 Write a note on Joint Management Council.
1 Define Collective Bargaining. What are the Characteristics of Collective Bargaining?
Explain the stages of Collective Bargaining?
2 Define Workers Participation in Management. What are the Different Forms of Workers
Participation in Management?
Unit IV
Discipline and Grievance
Two Marks Questions
1 Define Dismissal.
2 Define lay-off.
3 What do you mean by Positive Aspect of Discipline?
1 Write a note on Red Hot Stove Rule.
2 What are the causes of Grievances?
3 What are the causes of Indiscipline?
4 What is meant by employee Indiscipline? Discuss the causes of indiscipline.
5 What are the types of Punishments?
1 What do you mean by Grievance Procedure? Explain the Model Grievance Procedure.
2 What do you mean by employee indiscipline? Discuss the causes of indiscipline.
Unit V
Employee Welfare & Social Security
Two Marks Questions
1 What are the two benefits of Employees Provident Fund Act?
2 State any two benefits under Maternity Benefits Act.
3 Write any two benefits under E.S.I.Act.
1 What are the benefits provided under E.S.I Act?
2 Sate the Welfare measures provided under Factories Act 1948.
3 Write a note on Workmens Compensation Act.
BM 355/356 : TAXATION - ELECTIVE

PAPER II: TAXATION-II (BT-II)
Objective: To acquaint the students with the provisions of Wealth Tax and with
various Indirect Tax Laws such as Service Tax, Sales Tax and Central Excise &
Customs Duties.
UNIT I
12 hrs
Wealth Tax: Meaning and definitions, Assets, Deemed Assets, Exempted Assets,
Debts Owed, Valuation of Assets- Valuation of immovable Property, Valuation of
Assets of Business, Valuation of Interest in Firm, Rate of Wealth Tax, Incidence of
Wealth Tax; Problems on Computation of Net Wealth and Wealth Tax.
UNIT II
12 hrs
Service Tax: Meaning and definition, Essentials for its Levy, Computation of Value of
Services and Service Tax, Exemptions from Service Tax, Discussion on 10 Taxable
Services - 1. Advertisement Agency
2. Business Auxiliary Services
3.Cable TV
Operators 4. Practicing Chartered Accountants, Company Secretaries, Cost

Accountants Services 5.Courier Services 6.Commercial Coaching and Training
7.Mandap Keepers
8. Outdoor Catering
9. Management, Maintenance & Repair
Services 10. Tour Operators Services; Problems on computation of Taxable Service

and Service Tax on these 10 services.
UNIT III
12 hrs
Indirect Taxes: Meaning, distinction between direct and indirect taxes.

Karnataka Value Added Tax Act 2003: Introduction, Definitions, Registration,
Incidence and Levy of KVAT, Input Tax, Output Tax and Net Tax, Schedules and
Rates thereof, Maintenance of Accounts and Documents; Problems on Computation
of Turnover and KVAT.
UNIT IV
12 hrs
Central Sales Act 1956: Meaning, Constitutional Provision, Definitions, Principles

Determining the nature of Sale, Registration of Dealers, Rate of CST, Forms to be
availed; Problems on Computation of Turnover and CST.
Central Excise Duty: Nature and meaning, kinds of duties, Acts, Basis for the Levy
and Levy & Collection of CED, Exemptions from CED, Conditions for the levy of CED,
Assessable Value, CENVAT; Problems on computation of AV and CED.
UNIT V
12hrs
Customs Duty: Acts, Definitions, Types of Customs Duties, Prohibition of

Importation and Exportation of Goods, Exemption from Customs, Valuation for
Customs Goods, Rate of Exchange, Inclusions in
and Exclusions from
Customs/Assessable Value; Problems on Computation of Assessable Value and

Customs Duty.
Total Hours: 60
1 Direct Taxes
by HC Mehrothra
2 Direct Taxes
by Dr. Vinod Singhania
3 Business Taxation 3&4
by K Sadashiva Rao & Ganesh Y
4 Indirect Taxes
by Datey VS
TAXATION ELECTIVE PAPER

TAXATION-II
BLOWN UP SYLLABUS
Objective: To acquaint the students with the provisions of Wealth Tax and with
various Indirect Tax Laws such as Service Tax, Sales Tax and Central Excise &
Customs Duties.
UNIT I
12 hrs
Wealth Tax:
1. Wealth- Meaning and definitions (2 Mark Question)
2. Individual, HUF and Company-meaning (2 Mark Question)
3. Valuation Date, net Wealth and Assessee and Assessment year- meaning (2 Mark
Questions)
4. Assets-Meaning typesa. Building- meaning (2 Mark/8 Marks Question)
b. Motor Car- meaning (2 Mark Question)
c. Jewellery-meaning (2 Mark Question)
d. Yachts, Boats and Aircraft-meaning (2 Mark Question)
e. Urban Land-meaning (2 Mark/8 Marks Question)
f. Cash in hand-(2 Mark Question)
5. Scope of liability to wealth tax or Incidence of Tax-(2 Mark/8 Marks Question)
6. Deemed Assets: (2 Mark/8 Marks Question)
a. Asset transferred to spouse (2 Mark Question)
b. Asset held by minor child (2 Mark Question)
c. Asset transferred to a Person or AOP (2 Mark Question)
d. Revocable transfer of Asset (2 Mark Question)
e. Asset Transferred to sons wife (2 Mark Question)
f. Asset Transferred to a person or AOP for the benefit of sons wife (2 Mark
Question)
g. Interest in Firm or AOP (2 Mark Question)
h. Converted Property (2 Mark Question)
i. Transfer by means of Book Entry (2 Mark Question)
j. Impartible Estate (2 Mark Question)
k. House from a co-operative Society etc (2 Mark Question)

l. Building in part performance of a contract (2 Mark Question)
m. Building on lease (2 Mark Question)
7. Exempted Assets: (2 Mark/8 Marks Question)a. Property held under Trust (2 Mark Question)
b. Interest in Co-parcenery property (2 Mark Question)
c. one Building in the occupation of a Ruler (2 Mark Question)
d. Jewellery in possession of a Ruler (2 Mark Question)
e. Assets of Indian Repatriate (2 Mark/8 Marks Question/ 8 marks Problem)
8. Debts Owed- meaning (2 Mark Question)
9. Valuation of Assets-Valuation by Valuation Officer (2 Mark Question)
10. Valuation of immovable Property:
a. Building (2 Mark/8 Marks Question/ 8 marks Problem)
b. Valuation of self-residential House (2 Mark/8 Marks Question/ 8 marks
Problem)
11. Valuation of Assets of Business (2 Mark/8 Marks Question/ 8 marks Problem)
12. Valuation of Interest in Firm (2 Mark/8 Marks Question/ 8 marks/20 marks
Problem)
13. Valuation of Jewellery (2 Mark Question)
14. Valuation of other Assets (2 Mark Question)
15. Computation of Net Wealth and Wealth Tax (2 Mark/8 Marks Question/ 8
marks/20 marks Problem)
16. Rate of Wealth Tax.
17. Problems on Computation of Net Wealth and Wealth Tax (20 marks Problem)
Question from this Unit
Three 2 marks questions
One 8 marks problem on valuation of Assets or Interest in partnership Firm or
exempted assets of Indian repatriate
One 8 marks theory question if required.
One/Two 20 marks problem on Computation of Net Wealth and Wealth Tax and or
Interest in partnership Firm
UNIT II
12 hrs
Service Tax:
1. Meaning and definition (2 Mark Question)
2. Broad scheme of new Taxation (2 Mark Question)
3. Meaning of the term Service (2 Mark Question)
4. Taxable territory (2 Mark Question).
5. Declared Service (2 Mark Question)
6. Essentials for its Levy (2 Mark Question)
7. Computation of Value of Services and Service Tax, abatement (2 Mark/8 marks
Question),
8. Exemptions from Service Tax-General Exemptions to small service providers (2
Mark/8 Marks Question)
9. Point of taxation (2 Mark Question)
10. Discussion on 10 Taxable Services
a. Advertisement Agency (2 Mark/8 Marks Question/8 marks Problem)
b. Business Auxiliary Services (2 Mark/8 Marks Question/8 marks Problem)
b. Cable TV Operators (2 Mark/8 Marks Question/ 8 marks Problem)
c. Practicing Chartered Accountants Company Secretaries, Cost Accountants
Services (2 Mark/8 Marks Question/ 8 marks Problem)
d. Courier Services (2 Mark/8 Marks Question/ 8 marks Problem)
e. Commercial Coaching and Training (2 Mark/8 Marks Question/ 8 marks
Problem)
f. Mandap Keepers (2 Mark/8 Marks Question/ 8 marks Problem)
g. Outdoor Catering (2 Mark/8 Marks Question/ 8 marks Problem)
h.
Management, Maintenance & Repair Services (2 Mark/8 Marks Question/

8 marks Problem)
i. Tour Operators Services (2 Mark/8 Marks Question/ 8 marks Problem)
11. Problems on computation of Taxable Service and Service Tax on these 10

services (8 marks Problem).
Two 2 marks question
One 8 marks problem
UNIT III
12 hrs
Indirect Taxes:
1. Meaning (2 Mark Question)
2. Distinction between direct and indirect taxes (2 Mark/8 Marks Question).
3. Karnataka Value Added Tax Act 2003:
a. Introduction
b. DefinitionsBranded, Business, Goods, capital goods (2 Mark Question), dealer (2 Mark/8
marks Question), agriculture, agriculturist, works contract, year, casual trader,
place of business (2 Mark Question), sale (2 Mark/8 marks Question),
turnover, total turnover, taxable turnover (2 Mark/8 marks Question),
c.
Registration (2 Mark/8 Marks Question)
d. Incidence and Levy of KVAT (2 Mark/8 Marks Question)

e. Input Tax, Output Tax and Net Tax (2 Mark Question)
f.
Schedules and Rates thereof (2 Mark Question)
g. Maintenance of Accounts and Documents (2 Mark/8 Marks Question)

4. Problems on Computation of Turnover and KVAT (20 marks Problem).
One 8 marks theory question if required
One 20 marks problem
UNIT IV
12 hrs
Central Sales Act 1956:

1. Meaning
2. Constitutional Provision (2 Mark Question)
1
Definitions- appropriate state (2 Mark Question), dealer,
(2 Mark/8 marks
Question), registered dealer (2 Mark Question), sale-(2 Mark/8 marks Question),

business, place of business, goods, declared goods (2 Mark Question) Turnover
(2 Mark/8 marks Question),
3. Principles Determining the nature of Sale (2 Mark/8 Marks Question),
4. Registration of Dealers (2 Mark/8 Marks Question)
5. Rate of CST (2 Mark Question)
6. , Forms to be availed C, F, H, EI & EII (2 Mark/8 marks Question)
7. Exemptions from CST. (2 Mark/8 Marks Question)
8. Declared goods (2 Mark/8 marks Question),
9. CST and VAT distinguished (2 Mark/8 marks Question)
10. Problems on Computation of Turnover and CST (20 marks problem)
Question from this Topic
One/two 2 marks questions
Central Excise Duty:
11. Nature and meaning (2 Mark Question)
12. Acts- (2 Mark Question)
13. Basis for the Levy and Levy & Collection of CED (2 Mark/8 Marks Question)
14. Exemptions from CED (2 Mark/8 Marks Question)
15. kinds of excise duties (2 Mark/8 Marks Question)
16. Conditions for the levy of CED (2 Mark/8 Marks Question)
17. classification of goods (2 Mark Question)

18. Assessable Value meaning and computation (2 Mark/8 Marks Question)
19. Central Excise Valuation Rules, 2000 (2 Mark Question)
20. Inclusions in and exclusions from Transaction Value (2 Mark Question)
21. CENVAT and CENVAT Credit and computation (2 Mark/8 Marks
Question/8
marks Problem)
22. Problems on computation of AV and CED (2 Mark/8 Marks Question/ 8 marks
Problem)
Question from this Topic
One/two 2 marks questions
One 8 marks problem
Three 2 marks question
One 8 marks problem
UNIT V
12hrs
Customs Duty:
1. Act (2 Mark Question)
2.
Definitions-import, importer, export, exporter, person-in-charge, Bill of Entry, Bill

of export, shipping Bill, Import Manifest and Import report, Export manifest and
Export Report, Goods, export goods, imported goods, dutiable goods, coastal
goods, prohibited goods, smuggling, stores, India, Indian Customs Water, Vehicle,
foreign going vessel or aircraft, customs station, customs area (2 Mark Question)
3. Types and rates of Customs Duties (2 Mark/8 Marks Question)
4. Prohibition of Importation and Exportation of Goods (2 Mark/8 Marks Question)

5. Levy of Customs duties (2 Mark Question)
6. Date for determination of rate of duty and tariff valuation of imported goods
7. Exemption from Customs (2 Mark/8 Marks Question)
8. Valuation for Customs Goods (2 Mark/8 Marks Question)
9. Rate of Exchange for valuation of goods (2 Mark/8 Marks Question)
10. Inclusions in and Exclusions from Customs/Assessable Value (2 Mark/8 Marks
Question)
11. Important pricing terms in international trade (2 Mark Question)
12. Problems on Computation of Assessable Value and Customs Duty (8 marks
Problem).
One 8 marks problem
.
Total Hours: 60
Questions from the entire Syllabus
Two 2 marks questions each from II, III and V units
Three 2 marks questions from Unit I and IV
One 8 marks problem each on Service Tax, Excise Duty and Customs
Duty
One 8 marks problem on KVAT or CST (on identification/Stating the
taxability position of the goods/transactions with reason)
One 8 marks theory question each from II IV (Excise Duty) and V unit
One 20 marks problem from Unit I- Computation of Net Wealth and
Wealth Tax
One 20 marks problem on Computation of Turnover and KVAT Liability
One 20 marks problem on Computation of Turnover and CST Liability
One 10 marks problem from Unit I on Computation of Interest in Partnership

Firm or Valuation of Building or Exempted wealth in the hands of Indian
Repatriate and another 10 marks problem on Customs Duty/ Excise Duty.
5 Direct Taxes
by HC Mehrothra
6 Direct Taxes
by Dr. Vinod Singhania
7 Business Taxation 3&4
by K Sadashiva Rao & Ganesh Y
8 Indirect Taxes
by Datey VS
Blown up Syllabus prepared by:

KRISHNA BHAT,
Associate Professor in Commerce,
Govt. First Grade College,
KARKALA-574104. UDUPI DIST
9901658123
And
Smt. REVATHI
Head of department of Commerce and Management,
Shree Devi College,
Mangaluru
0824-2212317
Taxation II
Section A
Answer any TEN of the following in one or two sentences each:

1. a. What is Valuation Date?
b. Residential house owned by a company is allotted to a part-time director whose
salary is 1,00,000
p.a. State whether it is taxable in the hands of company
c. State the wealth tax rules for taxability if Motor Cars?
d. Mr. A is engaged in the business of growing and selling tea. Is he a dealer under
KVAT Act?
e. Mr. A is a professor in a college and has no other business. He buys a car from
Goa for own use. He
wishes to sell the same for Rs.2 lakh. KVAT is 4% on first sale. Compute the
turnover and the tax
under KVAT Act.
f.
Mr. A of Bangalore went to a hotel in Mumbai and had his breakfast there. State
whether the
transaction is inter-state sale.
g. Define goods under the provisions of the C.S.T. Act.

h. Who is liable to pay Excise Duty?
i. Give the meaning of the term Customs Station as per Customs Act.
j. what is the basis for imposing Customs Duty?
k. Define the term taxable service.
l. what is the rate of exemption provided to a tour operator in case of package tour
under Service Tax
Act?
Section B (Five Marks each)
Answer any FIVE of the following
2. Mr. Amit Gupta is a practicing Chartered Accountant within the meaning of
Chartered Accountant Act,
1949. His receipts from various professional services for the quarter ending 30 th
September, 2013 are
as under:
1 Taxation Consultancy Fees
4,26,250
2 Remuneration for Account Services
1,12,960
3 Statutory Audit Fees
2,65,700
4 Certification Fees
1,45,600
5 Remuneration as Internal Auditor job performed in a public limited company

1,58,300
6 Fees for appearing in appeals
7 Mr. Gupta also teaches at a Coaching Centre as visiting faculty
1,47,400
1,43,200
Mr. Gupta also got re-imbursed out of pocket expenses on actual basis from his clients
85,900.He has also incurred total expenditure of 3,15,000 as establishment expenses
of his office during the perid.
Calculate the value of Taxable Service and also the Service Tax payable thereupon. Mr.
Gupta charges service tax separately in the bills raised hence the above receipts are
not inclusive of service tax.
3. A company imported a machine from Europe. From the following information
determine the
Assessable Value for Customs Duty.
Cost of machine but it does not include the following;
25,000 Euro
1. The importer sent the goods to the exporter for the machine. It was used
in manufacturing the machine.
1,00,000.
2. Design and development expenses incurred outside India
5,000 Euro.
3. Technical fees paid to the exporter after import of machine
4,000 Euro.
4. Installation charges of machine in factory

5. Packing charges
50,000.
500 Euro
6. Transportation charges
1,000 Euro.
7. Insurance premium paid in India
500 Euro.
8. Transportation and Insurance charges from port to factory

9. Exchange rate declared by the Board Rs. 70 per Euro.
10. Exchange rate declared by the R.B.I. Rs.71 per Euro.
10,000.
4. A company manufactured and sold 1,000 cars during the financial year 2014-15. The
price of the car is
2,00,000 each and excise duty and sales tax are charged
separately.
From the following information determine the Central Excise Duty payable:
1. The company purchased input
8,00,00,000. It includes basic excise duty
1,00,00,000.
2. The company purchased capital goods during the financial year
10,00,00,000. It
includes basic excise duty 1,20,00,000.

3. On car basic excise duty is charged @ 12% and + 3% Education Cess thereupon.
5. State the taxability position of the following goods with reason:
1 Sale of coffee powder of 2,50,000
2 Sale of tamarind, chillies and wet dates for 4,00,000
3 Sale of rice, soji, ghur, dal, grains, onion, potato, garlic, beaten rice, wheat flour and
wheat and rice for 12,00,000
4 Cans, boxes and tanks used as packing material sold 8,00,000
5 Best Bakery sold 15,00,000 worth of the bakery products
6. What are the different types of Customs Duties?
7. Explain in brief the General Exemptions available to small service providers.
8. Write a short note on Assessable Value meaning and computation for Central Excise
Duties.
Section C(Fifteen Marks each)
Answer any THREE of the following;
9. X Ltd. is a company carrying on business in the construction and sale of
residential flats. It furnishes the following data and requests you to compile
wealth tax return and determine the tax payable for the Assessment Year 201415:
Market value ( )
1 Land in Rural area
15,00,000
2 Land in urban area (construction not permitted as per municipal laws) 23,00,000
3.
Land in Urban area (held as stock-in trade since 2010, construction will be
Commenced during June, 2014) 49,50,000

4. Motor cars (not being held as stock-in trade)
11,30,000
5. Jewellery (not being held as stock-in-trade) 18,00,000

6. Aircraft 1,58,00,000
7. Bank balance
3,10,000
8. Cash in hand as per cash book 1,70,000

9. Guest house and land appurtenant 8,00,000
10. Residential Flats of identical size provided to 6 employees for their use (salary of
one of them exceeds Rs. 10,00,000) 15,00,000
11.
Residence provided to Managing Director (salary exceeds Rs. 5,00,000)
10,00,000
12.
Flats constructed and remaining unsold (not being held as stock-in-trade)
30,00,000
13. Residence provided to a whole time director (Salary Rs.15,00,000 the director own
25% equity shares) 17,00,000
The company has taken a loan of Rs. 6,00,000, Rs.7,00,000 and Rs.50,000 for
acquiring property numbers(1),(3) and (12) respectively. Find out the wealth tax liability
of the company for the A.Y.2014-15
10. M/s Premshankar Traders of Baikunthpur (Chhattisgarh) has supplied the following
statement of sales for the year ending 31st march, 2014
i. Waste newspaper sold in Baikunthpur
50,000
ii. Cloth (Tax-free in Chattisgarh) sold in Bilaspur
92,500
iii. Sale of wheat (Declared goods)
16,32,000
Out of which Rs.14,28,000 sold in Chattisgarh and rest in Ranchi( Jarkand)

against Form C State tax rate on wheat is 2%
iv. Sales to Government of Uttar Pradesh (Rate of tax in the State is 5 %)
5,25,000
v. Sale to a registered dealer of Jaipur (Rajasthan) for resale on FormC of such goods
which are given his registration certificate ( Gross tax rate is 8% in the state)
3,06,000
vi. Sale of Declared goods to unregistered dealer of Gondia (Maharashtra) 8,40,000
(The rate of tax on such goods is 5% in the state and the customer returned goods
worth Rs.42,000 within six months)
vii. Sale to a registered dealer of Angul (Orissa) of such undeclared goods which have
not been given in his registration certificate ( Tax on such goods in the state is 8%)
2,43,000
viii. Sale of goods to Karachi (Pakistan) (Rate of tax in the state is 5%) 8,00,000
ix. Subsequent sale during inter-state trade (gross rate of tax in state is 13% 8,00,000
x. Export to Japan
1,60,000
Determine the Gross turnover, taxable turnover and tax payable under Central Sales
Tax Act. Tax include in the selling price.
11. From the following details provided by a dealer at Bangalore, calculate Total
Turnover, Taxable Turnover, Tax credit and KVAT liability, assuming that all legal
requirements have been complied with:
1 Sale of US Rods (III Schedule, Tax invoice Rs. 7,00,000)
2 Sale of banana chips
8,00,000
30,00,000
(50% inter State sale, Tax price, Rs.22,00,000)

3 Sale of vegetables
3,00,000
4 Purchase of fireworks(inter-State, CST paid Rs.50,000) 10,00,000

5 Sale of fireworks
12,00,000
6 Purchases of raw rubber from (from non-corporate planters) 14,00,000

7 Sale of raw rubber from the above purchases
15,00,000
8 Purchase of firewood from registered dealers
3,00,000
9 Purchase of firewood from unregistered dealers
6,00,000
10 Sale of firewood
8,00,000
11 Purchase of spices
4,00,000
12 Sale of spices
4,50,000
13 Purchase of declared goods from a registered dealer at Bangalore 20,00,000

14 Sale of above declared goods
15,00,000
15 Sales returns of fireworks: within 6 months

After 6 months
16 Purchase returns of raw rubber: within 6 months
50,000
80,000
50,000
After 6 months
60,000
17 Sales return of raw rubber: within 6 months
60,000
18 CST collected
33,000
Rates of tax: As specified in rate schedule

12.
a. . A Manufacturer prepared an invoice as under:
1 Price of goods (Excluding excise duty)
5,00,000
2 Advertising charges
50,000
3 Publicity charges
25,000
4 Marketing and selling organization charges
20,000
5 Outward handling charges
5,000
6 Servicing charges
50,000
7 Outward freight and insurance
30,000
8 VAT
50,000
9 Allowed discount @10% on price of the goods.

If the rate of Central Excise Duty is 12% + 3% Education Cess thereupon, how
much amount he should charge from the customer as duty?
b. From the following informations compute the net wealth and tax liability of the firm:
1. The partners share profit and loss in the ratio of 2:1:1.
2. The surplus on dissolution will be divided equally.
3. The Balance Sheet of the firm is as under:
Capital:
A
10,00,000
Land in rural area
2,00,000
5,00,000
Land in urban area
5,00,000
(1,800 sq. meter)
Loans for purchasing:
8,00,000
Motor cars (W.D.V.)
3,50,000
Gold
3,00,000
Gold
Rural land
1,00,000
Debtors
1,50,000
Creditors
1,00,000
Stock-in-trade
1,00,000
Loan for working capital 1,50,000
10,00,000
Cash/Bank balance
50,000
26,50,000
26,50,000
4. The value of certain assets as per provisions of the III schedule is as under:
Land in rural area
3,00,000
Land in urban area
15,00,000
Motor cars
4,20,000
Gold
16,50,000
TAXATION ELECTIVE PAPER

TAXATION-II
QUESTION BANK
(2 marks questions)
1. What do you mean by central excise duty?
2. What do you mean by central value added tax?
3. What are the basic conditions to levy excise duty?
4. What do you mean by levy of excise duty?
5. Who is liable to pay excise duty and state the exceptions?
6. What do you mean by clean energy cess?
7. Define Goods.
8. What do you mean by excisable and non excisable goods?
9. What do you mean by non-duty paid goods?
10. What do you mean by Factory?
11. What do you mean by curing or processing?
12. What do you mean by Advalorem Duty?
13. What do you mean by Sale and Purchase?
14. Define manufacturer as per central excise duty?
15. What do you mean by Harmonized system of Nomenclature (HSN)?
16. Give the meaning of Trade Parlance Test.
17. Give the meaning of Assessable value.

18. State the rate of interest payable on delayed payment of duty.
19. What do you mean by specific custom duty?
20. Who is adjudicating authority?
21. Give the meaning of coastal goods.
22. Give the meaning of customs area.
23. What do you mean by dutiable goods?
24. Give the meaning of foreign going vessel or aircraft.
25. Give the meaning of goods under Customs Act.
26. Define Shipping Bill.
27. What do you mean by prohibited goods?
28. What do you mean by import manifest?
29. Explain Excise Control Code (ECC) to assessee.
30. What do you mean by Bill of Entry?
31. What do you mean by Letter of Credit under customs?
32. Give the meaning of Transaction Value.
33. Give the meaning of Shipping Bill.
34. What do you mean by Bill of Lading?
35. Who is a dealer under KVAT?
36. Write a note on schedules under KVAT.
37. Give the meaning of Direct Tax and Indirect Tax with two examples each.
38. Explain input tax, output tax and net tax under KVAT Act.
39. Who is a casual dealer under KVAT Act?
40. What is objective of levying Anti-Dumping duty?
41. What do you mean by subsequent sale under CST Act?
42. Define the term dealer under CST Act.
43. What do you mean by Branded goods for KVAT?
44. What do you mean by appropriate state?
45. What is declared goods?
46. What is the importance of Form C interstate sale?
47. What do you mean by Suo-Motu Registration?
48. State any four kinds of sale which are exempt from CST.
49. Give the meaning of net wealth under wealth tax Act.
50. State any four taxable services.
51. Can a new assessee avail general exemptions given to small services
providers?
52. Urban land held as stock in trade since Jan 2006 whether it is an asset under
Wealth Tax Act.
53. What do you mean by Deemed Asset for Wealth Tax purpose?
54. What is unearned increase in the value of land?
55. Define service tax.
56. Who are the persons liable to pay wealth tax?
57. Indicate whether the following residential house taxable under wealth tax.
Residential house owned by the company allotted to one of its officer whose
salary is (a) Rs.41,666 p.m. and (b) Rs.41,677 p.m..
58. State the asses which are exempt from wealth tax in the hands of Indian
repatriate.
59. Write a note on net wealth and valuation date.
60. What do you mean by outdoor catering?
61. What do you mean by turnover under CST Act?
62. What is the importance of Form H in Central Sales Tax?
63. State the interest on delayed payment of service tax.
64. Who can avail input tax credit?
65. Can input tax credit be carried forward?
66. What do you mean by voluntary registration under KVAT?
67. Who is liable to register under KVAT?
68. Explain the meaning of Sale-in-Transit.
69. How do you levy excise duty based on MRP?
70. Who is a Mantap keeper?
71. Write a note on tour operators.
72. Write a note on general exemption to small service providers.
73. Write a note on practicing C.A services.
74. What do you mean by F.O.B. price and landed price?
75. State the four methods of valuation for exports.
76. When a sale said to be outside on state?
77. Define turnover.
78. Who is called as Indian Repatriate?
79. What do you mean by customs area?
80. Explain the following terms for the purpose of wealth tax a) valuation date b) net
wealth.
81. Define Asset under wealth tax.
82. Define wealth tax.
83. Who is an individual, HUF and company for wealth tax purpose.
84. Who is called as assesses for wealth tax?
85. State the valuation date for wealth tax.
86. Give the meaning of building for wealth tax.
87. What do you mean by urban land under wealth tax Act?
88. Who are the persons liable to pay wealth tax?
89. Who is exempted from wealth tax?
90. What do you mean by deemed assets?
91. What do you mean by debts owed?
92. What do you mean by gross maintainable rent?
93. Write a short note on maintenance of accounts and documents under KVAT.
94. State the goods except from central excise Act.
95. What do you mean by revocable transfer?
96. Explain the meaning of taxable territory under service tax.
97. What do you mean by asset under wealth tax?

98. State the rate of wealth tax and maximum amount exempt from wealth tax.
(8 marks questions)
1. Write a note on inclusions and exclusions in Assessable value under valuation
2.
3.
4.
5.
6.
rules.
Discuss the high lights of CENVAT scheme.
Distinguish between SST and CST.
Explain the procedure for registration of a dealer u/s 7 of CST Act.
Explain briefly advantages and disadvantages of service tax.
Define and explain taxable service. State the essentials for the levy of service
tax.
7. What is custom duty? Mention special types of import duties.
8. What are the exclusions and inclusions while valuing taxable services?
9. Explain the assets exempt from wealth tax.
10. What do you mean by deemed assets. Mention various deemed assets in the
wealth tax.
11. Explain the difference between Excise duty and customs duty and Central Sales
Tax.
12. Explain different types of central excise duty.
13. Explain the importance and drawbacks of customs duty.
14. Explain different types of customs duty.
15. How would you determine the assessable value of goods for computation of
customs duty?
16. Explain the different methods of determination of price of imported goods under
the customs valuation.
17. How do you value immovable property and interest in the firm for wealth tax
purpose?
18. Write a note on net maintainable rent.
19. Write a note on provisions of wealth tax Act regarding assets held by minor child
and assets of Indian repatriates.
Question Bank prepared by:
Smt. Revathi
Head of the Department of Commerce and Management,
Shree Devi College,
Mangaluru.
0824-2212317
&
KRISHNA BHAT,
Associate Professor in Commerce,
Govt. First Grade College,
KARKALA-574104. UDUPI DIST
9901658123
***********
BM 355/356- BANKING AND INSURANCE MANAGEMENT ELECTIVE

Paper II- INSURANCE AND RISK MANAGEMENT
BLOWNUP SYLLABUS
Unit I
12 hrs
Introduction to Risk management-Overview of Risk- Concept of Risk- Risk Vs

Uncertainty- Definition of Risk. Loss- Perils. Hazards- Physical Hazards- Intangible
Hazards (moral hazards-fraud, moral hazards indifferences, societal hazards) Types
of Risk- Financial and Non financial risks, Individual and group risks, pure and
speculative risk, static and dynamic risks, quantifiable and non quantifiable risks,
credit risks, interest rate risk, price risk. Risk management, Definition, meaning, Risk
management Process- Risk Identification, Risk Analysis, Selection of TechniquesRisk Control, Risk Financing, Periodic Review.
Unit II
12 hrs
Introduction to Market Risk and Interest Risk- Meaning of duration & rate riskDerivations Meaning and features, types of derivatives- forwards, futures, options,
swaps etc., Forwards- Meaning, futures, advantages disadvantages, valuation.
Futures- meaning, trade mechanism, features, Futures and Forwards differencesuses of futures, types of futures- stock futures, index futures, commodity futures,
interest rate futures and currency futures. Settlement of futures. Arbitrage
opportunities in futures. Margins- margin account, initial margin, marking to mark,
mark to market margin, maintenance margin, margin call, variation margin. Swapsmeaning, features, types- interest rate swaps, mechanics of interest rate swapsvolatility of interest rate swaps- currency swaps- valuation of currency swaps,
commodity swaps, equity swaps. Options- meaning, features, types of options- call,
put European, American, double, in the money, out of money, at the money stock,
index, and intrest rate option. Settlement of options.
Unit III
12 hrs
Introduction to Insurance - Meaning and scope of Insurance, Principles of

Insurance, Essentials of Insurance Contract. Types of Insurance - Life Insurance,
General Insurance- Fire, Marine, Miscellaneous- Aviation insurance, project
insurance, Engineering insurance, liability insurance, burglary insurance, personal
accident insurance, fidelity guarantee insurance, business insurance, live stock
insurance and others. Functions of Insurance Company departments. Structure of
Insurance Industry, Major players of Insurance Industry- Life insurers and non life
insurers under public sector and private sector - economies of Insurance
business/value chain analysis, Regulation of Insurance and IRDA- duties, powers
and functions.
Unit IV
12 hrs
Insurance Products and Pricing - Terminology and basic concepts, life insurance,
Fire polices, marine polices, design and development of life and non-life Insurance
products. Stages of new product development. Underwriting- definition, the trade off,
Twin guiding principles, basis of underwriting- Objectives and principles behind
underwriting- underwriting life and non-life insurance business- introduction to pricingPricing and Rating procedure- Pricing objectives- types of rating Class and merit.
Unit V
12 hrs
Claims Management - Introduction to claims management- claim settlement in

General Insurance- General Guidelines for settlement of claims in case of Fire
Insurance, Marine Insurance, Personal Accident Insurance etc.- Claims management
in Life Insurance- Maturity claims (documents required and settlement)- death
claims- implementation and monitoring of claim systems.
Total Hours- 60
1 Fundamentals of Insurance
- Dr. P K Gupta
2 Insurance Management
- Anand Ganguly
3 Insurance and Risk Management
- Dr. P K Gupta
4 Risk Management and Insurance
- William, Smith and Young
5 Principles of Risk Management and Insurance
- George E Rejda
6 Options and Futures
- Vohra and Barge
7 Options and Futures
- Hull.
8 Risk and Insurance
- Skipper
9 Insurance Principles and Practice
- M N Mishra and S B Mishra
10 Banking and Insurance- Principles and Practices - Neelam C Gulati

Question bank
Unit I
Section A (2 marks)
1 Give the meaning of uncertainty.
2 Distinguish between risk and uncertainty.
3 Give an example for risk financing.
Section B (8 marks)
1 Explain different types of risks.
2 Explain various sources of pure risk
3 Explain various sources of risk.
Section C (20 marks)
1 Define risk. Explain the types of risks.
2 What do you mean by Risk management? Explain the process of risk
management.
Unit II
Section A (2 marks)
1
2
3
4
5
Give the meaning of interest rate swap.

What is a future contract?
What is an equity swap?
What is forward contract?
What is the nature of American option?
Section B (8 marks)
1
2
3
4
Distinguish between forward contracts and future contracts.

What are options contracts? Explain the factors determining option price.
What are swaps? What are its features?
What do you mean by derivatives? What are their uses?

1 What are option contracts? Explain the factors determining option price.
2 What are futures contracts? Explain different methods of settlements of future
contracts.
3 Explain the mechanics of interest rate swap with an illustration. What are the
uses of interest rate swaps?
4 Explain different types of swaps.

Unit III
Section A (2 marks)
1 What is double insurance?
2 What is credit insurance?
3 What is Reinsurance?
4 State any four powers of IRDA.
Section B (8 marks)
1 Explain the functions insurance company departments.
2 Write a note on objectives, duties and powers of IRDA.
3 Briefly explain the essentials of insurance contract.
1 Discuss the meaning and scope and principles of insurance.
2 Define insurance. Explain the principles of insurance with illustrations.
Unit IV
Section A (2 marks)
1
2
3
4
5
What do you mean by initial margin?

What is strike price?
State any four life insurance products of LIC.
What is Fair premium?
Give the meaning of retrospective rating in connection with insurance pricing.
Section B (8 marks)
1 Explain the different types of rating in insurance.
2 Explain the four determinants of insurance pricing.
3 What do you mean by margin money? What are the different types of
margins?
4 Explain the objectives and principles of underwriting in insurance.
5 Explain the advantages of life insurance.
1 Define underwriting in insurance. What are the twin guiding principles of
underwriting? Discuss underwriting in life and non-life insurance.
2 What is insurance pricing? What are its objectives? Explain different types of
insurance rating?
Unit V
Section A (2 marks)
1 Give the meaning of voyage policy.
2 Give the meaning of proximate cause in Insurance.
3 What are maturity claims and death claims in life insurance?
Section B (8 marks)
1 Write a note on fire insurance claims.
2 Define marine policy. Explain different types of marine policies
3 Write a note on fire insurance claims.
1 Give a detailed account of claims management in life insurance.
2 Give the meaning and features of life insurance, fire insurance and marine
insurance.
3 Explain
the
general
guidelines
for
settlement
of
claims.


Time: 3 Hours
Max. Marks: 120

Section (A)
Answer any ten of the following questions (Two marks each)

1. (a) Give the meaning of uncertainty.
(b) Give an example of risk financing.
(c) What is forward contract?
(d) Give the meaning of interest rate swap.
(e) What is Reinsurance?
(f) State any four powers of IRDA.
(g) What is double insurance?
(h) What is Fair Premium?
(i) What is Strike price?
(j) Give the meaning of Voyage policy?
(2x10=20)
(k) Give the meaning of proximate cause in insurance.

(l) State any one difference between risk and uncertainty.
Section B
Answer any five of the following questions (8 marks each)
(8x5=40)
2. Explain different types of risks.

3. Distinguish between forward contracts and future contracts.
4. What do you mean by derivatives? What are their uses?
5. What are Swaps? What are its features?
6. Briefly explain the essentials of insurance contract.
7. Explain the objectives and principles of underwriting in insurance.
8. Write a note on fire insurance claims.
Section C
(20 marks each)
(20x3=60)
Answer the following questions.

9. Explain the general guidelines for settlement of claims.
OR
What do you mean by Risk Management? Explain the process of Risk
Management.
10. What are option contracts? Explain the factors determining option price.
OR
Give the meaning and features of life insurance, fire insurance and marine
insurance.
11. Explain different types of swaps.
OR
Define underwriting in insurance? Discuss underwriting in life and non life

insurance.
__________

VI Sem BBM Blownup Syllabus

Diunggah oleh

Informasi Dokumen

Deskripsi Asli:

Hak Cipta

Format Tersedia

Bagikan dokumen Ini

Bagikan atau Tanam Dokumen

Opsi Berbagi

Apakah menurut Anda dokumen ini bermanfaat?

Apakah konten ini tidak pantas?

Hak Cipta:

Format Tersedia

VI Sem BBM Blownup Syllabus

Diunggah oleh

Hak Cipta:

Format Tersedia

BM 351: COMPANY LAW BLOWN UP SYLLABUS

An Introduction to a Joint Stock Company: Meaning, Features,(20 Marks)

Formation of a Company: Steps in formation: Promotion- Meaning, Stages (08

Preference shares: Meaning, features and types (08 marks)

Company Management: Company Secretary -Qualification and Duties only. (08/20

3. Dinshaw Maneekjee Petit V/s Income Tax Officer

2. Dr. Umesh Maiya A Textbook of Company Law

VI SEMESTER BM 351: COMPANY LAW

Section B (08 Marks each)

2. What is a foreign company? State the provisions of Companies Act relating to

Section C (20 Marks each)

VI SEMESTER BM 351: COMPANY LAW

4. What do you mean by Foreign Company?

TWO Marks Questions

TWENTY Marks Questions

16. What do you mean by irregular allotment?

5. What is meant by motion?

BM 352: INVESTMENT MANAGEMENT

Investment- types, scope- Speculation- Gambling- Risks of investment-

distinction between speculation and

investment distinction between gambling and investment - Features of

securities Equity, preference, debentures and bonds (meaning and features

Analysis of the economy - Key variables in determination of economic status

Stock market meaning features functions of stock exchanges Benefits of

Risks associated with mutual funds- problems/disadvantages of mutual funds in

3. Explain the features of Investment? ( Raghunandan B. V.)

Investment is both important and useful in the context of present day

1. Explain the basic assumption of technical analysis? ( Raghunandan B. V.)

3. Explain the benefits stock exchanges to the company? ( Raghunandan B. V.)

Eight Marks (any one)

Question on Calculation of Alpha. ( Raghunandan B. V)

Eight Marks (one problem)

No. of Twenty marks

choice between unit 1

choice between unit 1

choice between unit

choice between unit

Model Question Paper

Explain the features of Investment?

Section C (Twenty Marks each)

Discuss the functions of stock exchanges in India?

BBMBMC 353: COST AND MANAGEMENT ACCOUNTING

(Simple problems on Job Cost Sheet)

Construction of BE Chart( Simple problems on Break-even analysis)

UNIT IV-BUDGETS AND BUDGETARY CONTROL

BBMBMC 353: COST AND MANAGEMENT ACCOUNTING

Short note on different types of Contracts

Steps involved in Budgetary Control

1. Problems on the preparation of Reconciliation Statement of Cost and Financial Account

UNIT V- STANDARD COSTING

MODEL QUESTION PAPER (2012 Scheme)

COST AND MANAGEMENT ACCOUNTING

(Two Marks Each)

Answer any TEN of the following:

What is operating costing?

(Eight Marks Each)

Answer any FIVE of the following:

Find outa) PV. Ratio b) Profit when Sales are 3,70,000

d) Margin of safety for the year 2011.

Answer any THREE of the following:

Cost per Tone

10. Jamadagni under took a contract for

Rs. 500,000 on 1 st January, 2013. From the