Anda di halaman 1dari 4

GLOBAL EDUCATION CENTRE (MBA)

(Approved by AICTE, Affiliated to Osmania University)


Beside Moinabad PS, Moinabad (M), Chilkoor (V), R.R.Dist.
MBA II YEAR IV SEM. INTERNAL EXAM - II
Sub: Banking and Insurance
Max marks: 15 Roll no: Time: 1hr

I. Fill in the blanks: (10 * ½ = 5)

1. NPA stands for ________________________.


2. The two main kinds of insurance in India are ________________________.
3. The term insurance can be defined in both _____________ and ___________ terms.
4. The present capital adequacy ratio in banks is ____________.
5. The service provided by a bank over the telephone is called as ________________________.
6. NEFT stands for _____________________.
7. Digital signature authentication is provided by using ____________________.
8. __________________ is termed as replacement of currency notes into plastic cards.
9. ______________________ is the price paid by the insured to the insurer for undertaking the risk.
10. GIC stands for ________________________________.

II. Answer all the questions: (10*1/2=5)

1. Fluctuations in the market price of equity results in { }


A. Foreign exchange risk B. basis risk C. Market risk D. Equity price risk
2.Polymer money is the other name of { }
A. Digital signature B. Plastic money C. E-cash D. All
3. ATM stands for { }
A. Automated teller machine B. Automatic teller machine C. both D. None
4. Plastic money was introduced in { }
A. 1970’s B. 1980’s C. 1930’s D. 1950’s.
5. The regulator of insurance sector before nationalization was { }
A. IRDA B. LIC C. Controller of Insurance D. None
6. The virtual wallet that stores payment card information in a mobile devise is { }
A. E-cash B. M-wallet C. Online wallet D. ATM
7. _________ refers to the covers that are offered by insurance companies in addition to basic life cover
{ }
A. Endorsements B.Riders C. contracts D. policy
8. Implementation of technology in banking sector is { }
A. core banking b. innovative banking C. internet banking D. none
9. Insurance also protects from intangible losses { }
A. yes B. no
10. IRDA objective is to take care of ___________ interest { }
A. insurers B. policy holders C.both D. none

III. Answer all the questions: 5*1=5

1. Advantages of Insurance:
2. BASEL ACCORD 1 :

3. Mobile banking :

4. Elements of insurance contract :

5. Write the full form of :

a. IRDA -
b. BCBS -
GLOBAL EDUCATION CENTRE (MBA)
(Approved by AICTE, Affiliated to Osmania University)
Beside Moinabad PS, Moinabad (M), Chilkoor (V), R.R.Dist.
MBA I YEAR II SEM. INTERNAL EXAM - II
Sub: Strategic Management Accounting
Max marks: 15 Roll no: Time: 1hr

I. Fill in the blanks: (10 * ½ = 5)

1. Standard costing is a technique in which _____________ costs are compared with _____________
costs.
2________________________ is the variance occurred form the difference in the price of a material.
3. Formula for Labour cost variance _____________________ .
4. The difference in effiency of labour is called as __________________ variance.
5. Material yield varaince = ________________________.
6. The difference (or) gap between the standard and actual is called as _____________________.
7.Verification formula of Material variances is ____________________.
8. formula for material usage variance = __________________ .
9. material price variance = __________________.
10. Labour yield variance = ________________________________.

II. Answer all the questions: (10*1/2=5)

1. The difference between standard usage and actual usage of material is { }


A. MPV B. MUV C. MCV D. none
2. The time lost due to machine break down { }
A. Idle time B. wastage time C. break down time D. All
3. Labour efficiency variance is also called as { }
A. labour time B. labour mix C. labour yield D. labour cost
4. Formula for verifying MUV = ________________ { }
A. MMV+MYV B. MPV+MUV C. MMV+MPV D. none.
5. Overhead costs can be divided into? { }
A. Fixed and variable B. variable and semi variable C. both D. none
6. If actual is more than the standard, then the variance is known as { }
A. Adverse B. favourable C. neither A nor B D. both
7. Budget in which revencues and expenses are modified is { }
A. Fixed budget B.flexible budget
C. functional budget D. none
8. LEV = { }
A. LMV+LYV b. LRV+LYV C. LEV+LMV D. none
9. SC= 800000, AC=893000, MCV=? { }
A. 1693000(F) B. 93000(A) C. 93000(F) D. 1693000(A)
10. AQ= 250, AP=RS.2.50 , SQ= 240, SP=Rs.2, Calculate MCV { }
A. 480(F) B. 625(F) C.145(A) D. 250(A)

III. Answer all the questions: 5*1=5

1. Write the formulae of Material variances :


2. Give a short note on Idle Time variance :

3. 3M

standard actual
Labour time 5hr 6hr
Labour rate 5 4

Calculate:

a. Labour cost variance


b. Labour efficiency variance
c. Labour rate variance