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Q. HOW TO RUN FILESYSTEM OBJECT IN ASP.

FileSystemObject is used to Create,,delete,copy,move folders and files in web applications.To use this filesystemobject we hav to create
object by using Server.CreateObject("FileSystemObject") command.

Q. What is mutual fund

Mutual Fund in a type of investment, where assets management company collect the money from the people (investor) and invest these
money in to stock market.there is a fund manager who manage the investor money and investor get return of his/her investment.investing
into mutual fund is less risk than invest direct into share market because professional(fund manager) can manage the investment better.

Q. Difference between option and future

The primary difference between options and futures is that options give the holder the right to buy or sell the underlying asset at expiration,
while the holder of a futures contract is obligated to fulfill the terms of his/her contract. In case of options, for a buyer (or holder of the
option), the downside is limited to the premium (option price) he has paid while the profits may be unlimited. for a seller or writer of an
option, however, the downside is unlimitedwhile profits are limited to the premium he has received from the buyer.

Q. What is the difference between the Invoice and Bill?

Diffrence beetwen invoice And bill


Invoice Bill
1 .An invoice is a commerical 1.Bill is the commerical
documents used by the seler documents which is given
to the byer indicating product seller to byer but here
,Quality,Quantity, price is not maintained any
,aggrement of services

Q. What is meant by inter trading

Doing business internally with one of the other sister concern is called inter trade. i.e. selling product to one cost center to another cost
center, here the products are internally taking into the accounts of trading. Inter trading is trade in our business internally only
internally trading is called inter trading

Types of Lease?

There are 2 types:


1. Operating lease
In this type you only get to use the asset for a particular period of time, after that you have to return the asset. this type is preferred
when the asset we hire has a high degree of obsolescence.
2. Financial lease
In this type you get to use the asset for a particular period of time and at the end of the period you become the owner of that asset. the
lease charge is substantially higher as it includes the principal value along with the usage charges.

What is Repo?

In order to maintain the financial stability, some time sell the financial instruments with the aggrement of repurchase the same instruments
after certain specefic period. the repo rate is the diffrence between the selling price and repurchase price.

Difference between notify url, return url in paypal payment gateway?

Notify Url: The URL to which PayPal posts information about the transaction via Instant Payment Notification. Must be URL-
encoded. Its an optional field have maximum 256 characters length.

Return url: The URL to which the customer's browser is returned after completing the payment; for example, a URL on your site
that displays a "Thank you for your payment" page.
Default: customer is taken to the PayPal website.
Optional rm Return method GET or POST: the FORM METHOD used to send data to the URL specified by the return variable after
payment completion.

Accounting principles? types of deperciation? types of ratios?

Accounting principles are concepts and conventions and the concepts are business entity, money measurment.
Types of depreciation are

straight line method


deminshing balance method
anniuty method
balance fund method

Types of ratio
Financial ratio
levrages ratio
profitability ratio

q. project report

i have done my 2 month project in Reliance Money. first 15 days of my project i had learn about the financial product offered by R. Money.
then i was involve in sales of the product and promoting the brand awareness. at the end of the project i was able to close 3 Demat A/C. and
generate 2 leads for Insurance.

Accounting Policy-The specific policies and procedures used by a company to prepare its financial statements. These include any
methods, measurement systems and procedures for presenting disclosures. Accounting policies differ from accounting principles in that the
principles are the rules and the policies are a company's way of adhering to the rules.

Bank Reconciliation Statement - A bank reconciliation statement is a statement prepared by organizations to reconcile the balance
of cash at bank in a company's own records with the bank statement on a particular date. This statement is the most common tool used by
organizations for reconciling the balance as per books of company with the bank statement and is made at the end of every month. The main
objective of reconciliation is to ascertain if the discrepancy is due to error rather than timing.

The difference between the two records on a given date may arise because of the following: Cheques drawn but not yet presented to the
bank. Cheques received but not yet deposited in the bank. Interest credited and not recorded in the organization's books. Bank charges
debited but not recorded in the organization's books. Bank Reconciliation Statement process is being outsourced to professional accounting
firms by large organizations. This helps them have an accurate view and also ensure that the company's bookkeeping is good. Accounting
firms make monthly reconciliation statements for clients and help them determine any discrepancy.
Advantages Faster processing, Requirement of less manpower,Easy identification of errors

KARVY

The Karvy group was formed in 1983 at Hyderabad, India. Karvy ranks among the top player in almost all the fields it operates. Karvy
Computershare Limited is India’s largest Registrar and Transfer Agent with a client base of nearly 500 blue chip corporates, managing over
2 crore accounts. Karvy Stock Brokers Limited, member of National Stock Exchange of India and the Bombay Stock Exchange, ranks
among the top 5 stock brokers in India. With over 6,00,000 active accounts, it ranks among the top 5 Depositary Participant in India,
registered with NSDL and CDSL. Karvy Comtrade, Member of NCDEX and MCX ranks among the top 3 commodity brokers in the
country. Karvy Insurance Brokers is registered as a Broker with IRDA and ranks among the top 5 insurance agent in the country. Registered
with AMFI as a corporate Agent, Karvy is also among the top Mutual Fund mobilizer with over Rs. 5,000 crores under management. Karvy
Realty Services, which started in 2006, has quickly established itself as a broker who adds value, in the realty sector. Karvy Global offers
niche off shoring services to clients in the US.

Karvy has 575 offices over 375 locations across India and overseas at Dubai and New York. Over 9,000 highly qualified people staff Karvy.
Organization:
Karvy was started by a group of five chartered accountants in 1979. The partners decided to offer, other than the audit services, value added
services like corporate advisory services to their clients. The first firm in the group, Karvy Consultants Limited was incorporated on 23rd
July, 1983. In a very short period, it became the largest Registrar and Transfer Agent in India. This business was spun off to form a separate
joint venture with Computershare of Australia, in 2005. Karvy’s foray into stock broking began with marketing IPOs, in 1993. Within a few
years, Karvy began topping the IPO procurement league tables and it has consistently maintained its position among the top 5. Karvy was
among the first few members of National Stock Exchange, in 1994 and became a member of The Stock Exchange, Mumbai in 2001.
Dematerialization of shares gathered pace in mid-90s and Karvy was in the forefront educating investors on the advantages of
dematerializing their shares. Today Karvy is among the top 5 Depositary Participant in India.
While the registry business is a 50:50 Joint Venture with Computershare of Australia, we have equity participation by ICICI Ventures
Limited and Barings Asia Limited, in Karvy Stock Broking Limited. For a snapshot of our organization structure, please click here.
Karvy has always believed in adding value to services it offers to clients. A top-notch research team based in Mumbai and Hyderabad
supports its employees to advise clients on their investment needs. With the information overload today, Karvy’s team of analysts help
investors make the right calls, be it equities, mf, insurance. On a typical working day Karvy:

• Has more than 25,000 investors visiting our 575 offices


• Publishes / broadcasts at least 50 buy / sell calls
• Attends to 10,000+ telephone calls
• Mails 25,000 envelopes, containing Annual Reports, dividend cheques / advises, allotment / refund advises
• Executes 150,000+ trades on NSE / BSE
• Executes 50,000 debit / credit in the depositary accounts

Ser vices

• KARVY Stock Broking Limited, one of the cornerstones of the KARVY edifice, flows freely towards attaining diverse goals of
the customer through varied services. It creates a plethora of opportunities for the customer by opening up investment vistas
backed by research-based advisory services. Here, growth knows no limits and success recognizes no boundaries. Helping the
customer create waves in his portfolio and empowering the investor completely is the ultimate goal. KARVY Stock Broking
Limited is a member of: 1) National Stock Exchange (NSE) , 2) Bombay Stock Exchange (BSE)
• Karvy Comtrade Limited, an ISO 9001:2000 certified company, is another venture of the prestigious Karvy group. With our well
established presence in the multifarious facets of the modern Financial services industry from stock broking to registry services, it
is indeed a pleasure for us to make foray into the commodities derivatives market which opens yet another door for us to deliver
our service to our beloved customers and the investor public at large.
• At Karvy Insurance Broking Limited we provide both life and non-life insurance products to retail individuals, high net-worth
clients and corporates. With the opening up of the insurance sector and with a large number of private players in the business, we
are in a position to provide tailor made policies for different segments of customers. In our journey to emerge as a personal finance
advisor, we will be better positioned to leverage our relationships with the product providers and place the requirements of our
customers appropriately with the product providers. With Indian markets seeing a sea change, both in terms of investment pattern
and attitude of investors, insurance is no more seen as only a tax saving product but also as an investment product. By setting up a
separate entity, we would be positioned to provide the best of the products available in this business to our customers.

Our wide national network, spanning the length and breadth of India, further supports these advantages. Further, personalized
service is provided here by a dedicated team committed in giving hassle-free service to the clients.
• Principle of regularity: Regularity can be defined as conformity to enforced rules and laws.
• Principle of consistency: This principle states that when a business has once fixed a method for the
accounting treatment of an item, it will enter all similar items that follow in exactly the same way.
• Principle of sincerity: According to this principle, the accounting unit should reflect in good faith the
reality of the company's financial status.
• Principle of the permanence of methods: This principle aims at allowing the coherence and
comparison of the financial information published by the company.
• Principle of non-compensation: One should show the full details of the financial information and not
seek to compensate a debt with an asset, a revenue with an expense, etc. (see convention of
conservatism)
• Principle of prudence: This principle aims at showing the reality "as is": one should not try to make
things look prettier than they are. Typically, a revenue should be recorded only when it is certain and a
provision should be entered for an expense which is probable.
• Principle of continuity: When stating financial information, one should assume that the business will
not be interrupted. This principle mitigates the principle of prudence: assets do not have to be
accounted at their disposable value, but it is accepted that they are at their historical value (see
depreciation and going concern).
• Principle of periodicity: Each accounting entry should be allocated to a given period, and split
accordingly if it covers several periods. If a client pre-pays a subscription (or lease, etc.), the given
revenue should be split to the entire time-span and not counted for entirely on the date of the
transaction.
• Principle of Full Disclosure/Materiality: All information and values pertaining to the financial
position of a business must be disclosed in the records.
• Principle of Utmost Good Faith: All the information regarding to the firm should be disclosed to the
insurer before the insurance policy is taken.

. What major factors drive mergers and acquisitions?

2. What is goodwill? How does it affect net income?

3. What is working capital?

4. What are deferred taxes?

12. What is contingency liability?

13. How do you value a company?

15. Who is a more senior creditor, a stockholder or a bondholder?

17. Explain fixed cost, variable cost and marginal cost?

16. What is the difference between accounts and finance?

18. What is Break Even Point? What does it signify?

37. What is consolidation?

36. How to use special and pair value sets?

43. What are the powerful software that could be used for doing efficient Accounts receivable?

49. What is Trial Balance?

48. What do you mean by Accounts payable cycle?

50. What is difference between account payable and bills payable?

55. What is the meaning of TDS? How it is charged?

57. What is Pool rate?

64. What is fictitious assets?

68. What are the steps in Payroll Management?

2. What’s a Price/Earning (P/E) ratio and how do you use it?

4. How would you explain net present value to non-finance major?

3. What if 2 companies have the same value of P/E ratios, which company does you think is better?

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