WK 9

DE–3298 11

DISTANCE EDUCATION

M.B.A. (CS) DEGREE EXAMINATION, MAY 2008.

First Semester

MANAGEMENT CONCEPTS

(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

All questions carry equal marks.

1. What are the Taylor’s principles of Scientific Management?

2. What is the need for including long­range planning in the
MBO process?

3. How staff functions differ from line?

4. What is Job Analysis?

5. ‘Policies are guide posts for managerial action’ – Comment.

6. Explain the qualities of an effective control system.

7. Write a note on the nature and purpose of co­ordination.

8. Why budgets are essential?

PART B — (4  15 = 60 marks)
 WK 9

Answer any FOUR questions.

9. Examine the various components of planning.

10. Explain the relevance of management to Universities and
Service Organisations.

11. Describe   various   types   of   authority.   Detail   their

applicability in business now.

12. What is meant by motivation? Explain the process models
of motivation.

13. What are the managerial implications of integrated control?
Discuss.

14. Briefly   discuss   about   the   recent   trends   and   new

prospectives in management.

15. Compare and contrast the Japanese and American styles of
management. Suggest which is suitable to Indian conditions.
————————

2
 WK 9

DE–3299 12

DISTANCE EDUCATION

M.B.A. (C.S.) DEGREE EXAMINATION, MAY 2008.

First Semester

MANAGERIAL ECONOMICS

(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

1. What   is   Managerial   Economics?   Define   the   scope   of

Managerial Economics.

2. List the types of demand.

3. Distinguish between incremental cost and sunk cost.

4. Define a production function. Explain the managerial uses
of production function.

5. What are problems involved in selling a profit policy?

6. Explain the concept of price discrimination.

7. What is a business cycle and what are its effects?

3
 WK 9

8. Distinguish accounting profit from economic profit.

PART B — (4  15 = 60 marks)

Answer any FOUR questions.

9. Show   the   knowledge   of   Managerial   Economics   helps   to

make better business decisions.

10. Discuss the methods for estimating a demand function.

11. Explain   the   concept   of   Break­even   point.   What   are   its

limitations?

12. Explain the major pricing methods.

13. Discuss   the   various   cost   concepts   relevant   for   decision

making at the firm level.

14. What are the constituents of National Income? Explain how
it is measured.

15. Explain   the   causes   for   disequilibrium   on   the   balance   of

payments.

————————

4
 WK 9

DE–3300 13

DISTANCE EDUCATION

M.B.A. DEGREE EXAMINATION, MAY 2008.

First Semester

Corporate Secretaryship

GENERAL LAWS

(2005 onwards)

Time : Three hours Maximum : 100 marks

SECTION A — (5  8 = 40 marks)

Answer any FIVE questions.

1. Explain the basic structure of Indian Constitution.

2. What   are   Constitutional   provisions   regarding   freedom   of

commerce and trade?

3. What   are   the   presumptions   made   while   interpreting

statutes?

4. What   are   the   provisions   of   the   transfer   of   property   Act

regarding Actionable claims?

5. What is an Award and when it can be set aside?

6. State the essentials of Arbitration agreement.

5
 WK 9

7. What do you mean by registration and explain the effect of
non­registration of documents?

8. What are the methods of stamping?

SECTION B — (4  15 = 60 marks)

Answer any FOUR questions.

9. Discuss the fundamental right of equality and freedom of
religion.

10. Write notes on :

(a) Constitutional remedies. (8)

(b) State monopoly.

11. What are the rights and liabilities of a seller of immovable
property?

12. What are the provisions relating to GIFT under Transfer of
Property Act?

13. Explain the provisions of Civil Procedure Code on appeal,
reference, review and revision.

14. Explain the advantages and disadvantages of Arbitration.
State the Powers of Umpire.

15. Describe   the   Stamp   Act   provisions   relating   to   Persons

liable to pay duty and the collector's powers under the Act.

——————

6
 WK 9

  DE–3301 14

DISTANCE EDUCATION

M.B.A.(C.S) DEGREE EXAMINATION, MAY 2008.

First Semester

COMPANY LAW

(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions

1. What is corporate veil? When is it lifted?

2. What   is  Doctrine   of   “indoor   management”?   What   are   the

exceptions to this doctrine?

3. What   is   allotment   of   shares?   What   are   the   rules   as   to

allotment of shares?

4. Who is a member of a company? What are his rights?

5. What   is   charge?   How   does   a   fixed   charge   differ   from   a

floating charge?

6. Define   “Managing   Director”.   What   are   the   qualifications

and disqualifications of “Managing direction”?

7. Explain   the   provisions   of   the   companies   Act   regarding

managerial remuneration.

7
 WK 9

8. What   is   resolution?   What   are   the   different   types   of

resolution?

PART B — (4 × 15 = 60 marks)

Answer any FOUR questions.

9. What   is   “Company   Law   Board”?   How   is   it   constituted?

What are the powers of Company Law Board?

10. What do you mean by “Articles of association”? What are its
contents?

11. Define prospectus? What are its contents?

12. What are the different types of shares?

13. What   are   the   provisions   of   the   Companies   Act,   1956   in

regard to loan to companies under “Same Management”?

14. How are directors appointed?

15. What is statutory meeting? What are the provisions of the
companies Act, 1956 in regard to “Statutory meeting”?

———————

8
 WK 9

DE–3302 15

DISTANCE EDUCATION

M.B.A. (C.S.) DEGREE EXAMINATION, MAY 2008.

First Semester

CORPORATE ACCOUNTING

(2005 onwards)

Time : Three hours Maximum : 100 marks

SECTION A — (5  8 = 40 marks)

Answer any FIVE questions.

All questions carry equal marks.

1. Briefly describe the purpose of Accounting Standards.

2. State   the   conditions   and   procedure   for   the   issue   of

redeemable preference shares.

3. A Ltd. issued 1,000 Equity shares of Rs. 100 each payable
as follows :
Rs. 25 on application; Rs. 25 on allotment; Rs. 20 on first call ;
Rs. 30 on final call. 
900   shares   were   applied   for   and   allotted.   All   moneys   were
received   with   the   exception   of   the   first   and   final   calls   on  
25 equity shares held by Mahesh.

9
 WK 9

Give the Journal  and Cash Book entries in the  books of  the

company to record the above transaction

4. A Co. Ltd. has authorized capital of Rs. 50,00,000 divided
into 1,00,000 equity shares of Rs. 50 each. The company issued
for subscription 50,000 shares at a premium of Rs. 10 each. The
entire issue was underwritten as follows :

X 30,000 shares (Firm underwriting – 5,000 shares)

Y 15,000 shares (Firm underwriting – 2,000 shares)

Z 5,000 shares (Firm underwriting – 1,000 shares)

Out   of   the   total   issue,  45,000  shares   including   firm

underwriting were subscribed. The following were the marked
forms:

X 16,000 shares

Y 10,000 shares

Z 4,000 shares

Calculate the liability of each underwriter.

5. From the following particulars prepare the Fire Insurance
Revenue Account for 2005­06 :

Rs.
Claims paid 2,40,000
Premium Received 6,00,000
Reinsurance premium 60,000

10
 WK 9

Rs.
Commission 1,00,000
Expenses of management 1,50,000
Provision   against   unexpired   risk   on   April   1, 2,60,000
2005
Claims unpaid on April 1, 2005 20,000
Claims unpaid on March 31, 2006 35,000

Make a provision against unexpired risk at the end of the
year at 50% of net premium.

6. Mohan Company Ltd. was incorporated on 30.06.06 to take
over the business of Mr. Mohan from 01.01.06. The financial
accounts of the business for the year ended 31.12.06, disclosed
the following information :

Rs. Rs.
Sales :
January to June 1,20,000
July to December 1,80,000 3,00,000
Less :
 Purchases:
  January to June 75,000
  July to December 1,20,000 1,95,000
Gross profit 1,05,000
Less :
Salaries 15,000

11
 WK 9

Rs. Rs.
Selling Expenses 3,000
Depreciation 1,500
Directors remuneration 750
Debenture interest 90
Administration Expenses
   (Rent, Rates, etc.) 4,500 24,840
Profit for the year 80,160

You are required to prepare a statement of apportioning the
balance   of   profit,   between   the   periods   prior   to   and   after
incorporation   and   show   the   Profit   and   Loss   Appropriation
amount for the year ended 31st December 2006.

7. S Ltd., has a capital of Rs. 2,00,000 in shares of Rs. 100
each   out   of   which   H   Ltd.,   purchased   75%   of   the   shares   at  
Rs. 2,40,000. The profits of S Ltd., at the time of purchase of
shares by H Ltd., were Rs. 1,10,000. S Ltd., decided to make a
bonus issue out of pre­acquisition profit of one share for every
five   shares   held.   Calculate   the   cost   of   control   of   acquiring
shares of S Ltd.

(a) before the issue of bonus shares and

(b) after the issue of bonus shares.

8. The Balance sheet of ‘‘A” Co. Ltd as on Dec. 31, 1998 was
follows :

12
 WK 9

Balance Sheet
Liabilities Rs. Assets Rs.
Share Capital Works and Properties 90,000
1,00,000 shares of Liquid Assets 10,000
 Rs. 1 each 1,00,000 Profit and Loss A/c 20,000
Sundry 20,000
Liabilities
1,20.000 1,20,000

B Co. Ltd. absorbed the A Co. Ltd. and took over all the assets
for Rs. 72,000 payable Rs. 50,000 in shares of Rupee One each
and paid Rs. 22,000 in cash in order to enable A Co. Ltd. to pay
off its liabilities and the cost of absorption.
Prepare Realization Account, Shareholders Account and Bank
Account in the books A. Co. Ltd.

SECTION B — (4  15 = 60 marks)

Answer any FOUR questions.

9. Discuss   conventions   regarding   financial   statements   and

limitations of financial statements.

10. A   company   issued   1,00,000   shares   of   Rs.   10   each,   Re.   1

payable on application, Rs. 2 on allotment, Rs. 3 on first call
and Rs. 4 on final call. All the money payable on application,
allotment   and   calls   has   been   received   with   the   following
exceptions :
Patel who holds 1,000 shares has not paid the money due on
allotment and calls.

13
 WK 9

Asha who holds 500 shares has not paid the money due on first
and final calls.

Kumar who holds 300 shares has not paid the amount due on
final   call.   The   shares   of   Patel,   Asha   and   Kumar   were,
therefore, forfeited. These shares were subsequently reissued
for cash at a discount of 5 per cent.

Pass journal entries recording the above transactions from the
stage of receipt of application money till the reissue of forfeited
shares.

11. The   following   balances   were   extracted   from   the   books   of

Vivek Ltd. for the year­ended 31.12.06.
Rs.
Buildings 6,00,000
Furniture 60,000
Motor Vehicle 60,000
Equity shares of companies 4,00,000
Stock­in­trade at cost 4,00,000
Sundry   debtors,   unsecured   considered 2,80,000
good
Cash at bank 1,72,000
Advance against construction of building 1,30,000
Share Capital :
 10,000 equity shares of Rs. 100 each 10,00,000
Sundry creditors 3,50,000
P and L a/c (credit) 20,000

14
 WK 9

Rs.
Gross Profit 10,00,000
Dividend recovered on investments 10,000
Salaries and wages 2,20,000
Directors fees 8,000
Electricity charges 25,000
Rates taxes and insurances 10,000
Auditors fees 15,000

Prepare   the   P   &   L   a/c   of   the   company   for   the   year   ended
31.12.06   and   the   balance   sheet   as   on   that   date   after   the
following adjustments :

(a) Provide 10% depreciation per annum

(b) Stock has been revalued as Rs. 3,60,000. This has not yet
been considered.

(c) Debts more than 6 months are Rs. 80,000

(d) Ignore tax provision.

12. The   Moon   Company   Ltd.   and   Rising   Star   Co.   Ltd.   have
agreed   to   amalgamate.   A   new   company   Sunshing   Company
Ltd. has been formed to take over the combined concerns as on
31st December 2006. After negotiations, the assets of the two
companies,   have   been   agreed   at   as   shown   in   the   following
Balance Sheet :

The Moon Company Ltd.

15
 WK 9

Liabilities Rs. Assets Rs.

Issue Capital : Land and Buildings 5,00,000
1,00,000 capital  Machinery   and 2,00,000
plant
of Rs. 10 each Patents 1,10,000
  fully paid­up 10,00,000 Stock 1,50,000
Sundry 80,000 Sundry debtors 1,20,000
Creditors
Profit and Loss Cash at bank 50,000
 (undistributed
  balance) 50,000
11,30,000 11,30,000

The Rising Star Company Ltd.
Liabilities Rs. Assets Rs.
Issue Capital : Land and buildings 3,00,000
50,000 ordinary  Machinery   and 2,50,000
plant
  shares   of   Rs.   10 5,00,000 Goodwill 50,000
each
Sundry Creditors 50,000 Stock 20,000
Reserve Fund 50,000 Sundry Debtors 20,000
Profit & Loss A/c Cash at Bank 10,000
(Undistributed
 balance) 50,000
6,50,000 6,50,000

16
 WK 9

Show how the amount payable to each company is arrived and
prepare the amalgamated Balance Sheet of the new company.

13. The   following   are   the   summarized   balance   sheets   of

Imperial Co. Ltd. and Colonial Co. Ltd. as on 31.12.06.
Imperial Colonial Imperial Colonial
Co. Ltd. Co. Ltd Co. Ltd. Co. Ltd
Rs. Rs. Rs. Rs.
Paid up capital Freehold
 in shares of  premises 4,50,000 1,20,000
  Rs. 10 each 10,00,000 3,00,000 Plant &
General Reserve 4,00,000 1,25,000  machinery 3,50,000 1,60,000
Profit & Loss a/c 3,00,000 1,75,000 Furniture 80,000 30,000
Sundry  Debtors 3,00,000 1,70,000
Creditors 1,00,000 70,000 Stock 3,20,000 1,60,000
Investment in
 20,000 shares in
  Colonial Co. 
  Ltd. at cost 2,60,000
Cash balance 40,000 30,000
18,00,000 6,70,000 18,00,000 6,70,000

You are required to prepare a consolidated balance sheet as on
31.12.06 showing in details necessary adjustments and taking
into consideration the following information.

(a) Imperial Co. Ltd. acquired the shares of Colonial Co. Ltd.
on 01.01.06 when the balances on their profit and loss account
and   general   reserve   were   Rs.   75,000   and   Rs.   80,000
respectively.

17
 WK 9

(b) Stock of Rs. 1,60,000 held by Colonial Co. Ltd. consists of
Rs.   60,000   goods   purchased   from   Imperial   Co.   Ltd.   who   has
charged profits at 25% on cost.

14. The   following   is   the   trial   balance   of   Grand   Hotel   at  

31st December 2006. You are required to prepare the Hotel’s
trading and  profit  and  loss account   for the year  ending  31st
December 2006 and a balance sheet as on that date.
Debit Rs. Credit Rs.
Cash at bank 40,000 Capital 2,00,000
Provisions and other Apartments and
 purchases 1,10,000  attendance 1,25,000
Stocks 10,000 Meals and
Kitchen equipment 40,000  refreshments 1,45,000
Printing and stationery 5,000 Bank interest 5,000
Postage and telephone 4,500 Sundry revenue
Wages and salaries 50,000  receipts 15,000
Fuel and light 9,500 Discount received 3,000
Repairs and renewals 2,500 Sundry creditors 12,000
Restaurant furniture 22,500
Advertising 5,000
China and utensils 15,000
Sundry debtors 20,000
Drawings 15,000
Bad debts 4,500
Rates 1,500
Building 1,50,000

18
 WK 9

Debit Rs. Credit Rs.

5,05,000 5,05,000

Prepare   final   accounts   after   making   the   following

adjustments :

(a) A   sum   of   Rs.   6,000   representing   accommodation  

Rs. 2,800 and meals Rs. 3,200, to be charged to proprietor.

(b) A   sum   of   Rs.   12,000   representing   accommodation   Rs.

3,000   and   meals   Rs.   9,000,   to   be   charged   to   staff,   who   are
provided with free boarding and lodging.

(c) Accrued wages and salaries amount to Rs. 4,000.

(d) Provide depreciation as follows :

(i) Building 5%.

(ii) Kitchen equipment 10%.

(iii) Restaurant furniture Rs. 1,500.

(iv) China utensils were revalued at Rs. 12,500.

15. The following are the figures extracted from the books  of

Surya   Bank   Ltd.   on   31st   March   1995.   (All   figures   are   in
rupees)
Rs.
Interest and discount received 12,50,000
Interest paid on deposit 6,50,000
Commission,   exchange   and 2,40,000
brokerage
Rent received 40,000

19
 WK 9

Rs.

Profit on sale of investment 20,000
Loss on sale of investment 5,000
Salaries and allowances 3,60,000
Directors fees 30,000
Rent and Tax paid  24,000
Printing and stationary 12,000
Postage and telegram 5,000
Other expenses 4,000
Audit Fees 3,000
Depreciation on bank’s property 15,000
Balance of profit as on 1.4.1994 2,40,000

Other Informations :

(a) Provide Rs 15,000 for doubtful debts

(b) Provide Rs. 60,000 for taxation

(c) Rebate on bills discounted on 31.3.95 Rs. 40,000.

Prepare the Profit and Loss Account of the bank as per
the requirement of law.

———————

20
 WK 9

DE–3303 21

DISTANCE EDUCATION

M.B.A. (CS) DEGREE EXAMINATION, MAY 2008.

Second Semester

HUMAN RESOURCE MANAGEMENT

(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

1. What are the objectives of human resource management?

2. Explain   job   specification   and   how   it   is   different   from   job

description. 

3. Explain the training methods briefly. 

4. What are the determinants of wage and salary?

5. Write a note on disciplinary actions and its types. 

6. Explain the causes for industrial accidents. 

7. Explain the need for personnel research. 

8. What are the factors affecting job design?

PART B — (4  15 = 60 marks)

Answer any FOUR questions. 

9. Explain the functions of a human resource management. 

21
 WK 9

10. Discuss the human resource planning process. 

11. Elaborate the concept of separation in organisations. 

12. Discuss the methods of job evaluation. 

13. Explain briefly the theories of motivation. 

14. Discuss the approaches to personnel research.

15. Write short notes on :
(a) Fringe Benefits
(b) Types of promotion.

———————

22
 WK 9

  DE–3304 22

DISTANCE EDUCATION

M.B.A. (CS) DEGREE EXAMINATION, MAY 2008.

Second Semester

BANKING AND INSURANCE LAWS

 (2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

1. Explain the asset structure of commercial banks.

2. What are the secondary functions performed by commercial
banks?

3. Differentiate between a holder and a holder in due course
with examples.

4. Explain the sound principles of lending.

5. Explain the legal status of a collecting banker.

6. Briefly   explain   the   importance   of   e­banking   in   today’s

context.

7. Explain the principles of insurance.

23
 WK 9

8. What   are   the   merits   and   demerits   of   privatisation   of

insurance business?

PART B — (4 × 15 = 60 marks)

Answer any FOUR questions.

9. Trace the recent developments in the banking sector.

10. Explain the credit control measures of RBI.

11. Discus the general relationship of a banker with customer.

12. Describe the banker’s rights while dealing with customers.

13. Elaborate the principles of secured advances/loans.

14. Explain the types of insurance from the risk point of view.

15. What are the types of motor insurance policies? Explain the
features of personal accident policy.

——————

24
 WK 9

DE–3305 23

DISTANCE EDUCATION

M.B.A. DEGREE EXAMINATION, MAY 2008.

Second Semester

Corporate Secretaryship

DIRECT TAXES

(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

1. Discuss the incomes which are exempt from income tax
2. Define  the following  terms  as  provided in the income tax
Act.
(a) Person
(b) Assessment year 
(c) Total income.

3. R and S are officers in  the  State Bank  of India. The  bank

has  allotted   free   of  rent   identical  flats   to  both   R   and   S   in
Nariman Point Mumbai, the fair market rent of each flat being
Rs. 6,000/­ p.m. in April 2005. R was promoted its Chief Officer
but  he  continues  to occupy  the  same  flat.  The  Bank has  also
furnished   the   above   flats.   The   original   cost   of   furniture

25
 WK 9

provided   in   each  flat  works   out   to   Rs.  45,000.  The  salary

particulars of R and S are as follows :

R S

Rs. Rs.

Basic 9,000 p.m. 7,500 p.m.

Dearness pay (enter.) 1,750 p.m. 1,600 p.m.

Dearness allowance 1,500 p.m. 1,400 p.m.

Educational allowance 1,300 p.m. 1,300 p.m.

Children hostel allowance 1,900 p.m. 1,500 p.m.

Petrol allowance    800 p.m. 800 p.m.

Determine the perquisite value of the flat in the hands of
R  and  S.  Two  children are studying and staying in hostel in
each case.

4. Five Star Ltd. purchased a plant for Rs. 40,00,000 from Raj
Udyog Ltd. and received Rs. 5,00,000 by way of subsidy from
the Government for the purchase of plant during the financial
year   2004­05.   In   January,   2006   the   plant   was   completely
destroyed in fire and a claim of Rs. 4,00,000 was settled by the
Insurance Company.  The scrap was sold by the company  for
Rs.   70,000.  Assuming  that   plant   is   depreciable   at   25%,
compute depreciation etc. for the previous years 2004­05 and
2005­06 in the following cases.

(a) If the plant is replaced in February, 2006 at a cost
of Rs. 45,00,000 

(b) If the plant is not replaced.

26
 WK 9

5. Explain the provisions of the income tax act relating to set
off and carry forward.

6. What is agricultural income? How is it treated for income
tax purpose?

7. What   do   you   mean   by   depreciation?   What   are   the   rules

regarding the claim of deduction of depreciation?

8. Explain  the  powers  of  the Income tax Officers as provided

in the income tax Act.

PART B — (4  15 = 60 marks)

Answer any FOUR from the following

9. Compute  the  value  of   benefit   of   house   for   each  situation

separately from particulars given below :

(a)  Salary Rs. 5,000 p.m. (Due on last day of month) 

(b) Dearness allowance 100% of salary.

(c) Bonus Rs. 15,000 which includes gratuitous bonus
of Rs. 5,000.

(d) Conveyance allowance @ Rs. 400 p.m.

(e) Entertainment allowance @ Rs. 500 p.m.

(f)  Arrears  of  salary  for   the  previous   year   2003­04  

Rs. 6,000.

(g) Cost  of  furnishing   is  Rs.  25,000   and   a   hired  

air­conditioner  is  provided for  6 months every year  and rent
paid in respect of such air conditioner is Rs. 1,000 p.m.

Situation (i) Employee   is   a   Govt.  employee  and   rental

value of the house is Rs. 400 p.m.

27
 WK 9

Situation (ii) Employee is working with Punjab Govt. at
Chandigarh (Population below 4 lakhs). House is owned by the
Government   and   its   rental   value   fixed   by   state   govt.   is  
Rs.   9,000  p.a.  The  house  was   provided  with  effect  from  
1­5­2004.

Situation (iii) Employee   is   working   in   a   Public   Ltd.

company at Delhi and rent paid by company is  Rs.  48,000 pa.
Employee pays Rs. 250 p.m. as rent.

10. What are  the different categories of assesses according  to

their residential status?  How  would  you  determine  the  status
of an individual and a firm?
11. Mr.   Kannapiran   is   owner   of   a   residential   house
construction completed on 31­10­1996  and  it  has  been let  out
from  1­12­1996 for residential  purposes.  Its other particulars
are :

Rs.

Municipal valuation 15,000 p.a.

Fair rent 18,000 p.a.

Standard rent under Rent Control Act 1,500 p.m.

Actual Rent 1,600 p.m.

Municipal Taxes paid (including Rs. 1,500 
paid by tenant) 2,500

Water and sewerage benefit tax levied 
by the State Government 1,200
not paid yet as it is disputed in appeal

Fire Insurance payable 600

Legal Charges for recovery of rent 1,500

28
 WK 9

Stamp duty and registration charges incurred
in respect of lease agreement of the house 3,000

The unrealized rent for the year 1997­98  amounted to 
Rs.   16,000   out   of   which   a   deduction   has   been   claimed   for  
Rs. 12,000 During the year Rs. 14,000 were recovered from the
defaulting tenant.

Compute   income   from   house   property   for   the   previous

year 2005­06.

12. The   following   is   the   Profit   and   Loss   Account   of  

Mr. Sugumaran for the year ended on 31­3­2006. Compute his
taxable Business income for the year.

To Opening Stock 15,000 By Sales 80,000

Purchases 40,000 Closing Stock 20,000

Wages 20,000 Gift from Father 18,000

Rent   6,000 Sale of Motor Car 9,000

Repair to Motor Car   3,000 Income Tax 

    Refund 3,000

Wealth Tax Paid   2,000

Medical Expenses   3,000

General Expenses 10,000

Depreciation on Motor Car   4,000

Advance Income Tax paid   1,000

Profit for the year 26,000

     1,30,000 1,30,000

Following further information is given :

29
 WK 9

(a) Mr. Sugwnaran carries on his business from rented
premises at Delhi, half of which is used as his residence.

(b) Mr. Sugumaran bought a car during the year for  
Rs.  20,000. He charged  depreciation on the value of  the car.
The car was sold during the year for Rs. 9,000.

The use of the car was 3/4th for the business and
1/4th for personal purposes.

(c) Medical expenses were incurred during sickness of
Mr. Sugumaran for his treatment.

(d) Wages   include   Rs.   250   per   month   on   account   of  

Mr. Sugumaran's driver for 10 months.

13. Explain the provisions of the Wealth tax Act regarding the
assessment of wealth tax of an individual.

14. Following are the particulars of house properties of Mr. S
for the previous year 2004­05. Compute his income from house
properties :

House I House II

Construction started on 31­3­1993   10­2­1989

Construction completed on  31­3­1994  1­6­1993

Rs. Rs.

Actual Rental Value 60,000 42,000

Municipal valuation 50,000 36,000

Standard Rent 45,000

Fair Rental Value 48,000 54.000

Municipal tax   2,500 3,600

30
 WK 9

Interest on moneys 
borrowed to    
renovate the building   6,200 –

Vacancy period 2 months –

Rent collection charges   4,300 1,600

Both   the   above   houses   were   let   out   for   residential

purposes. Insurance premium of House­I and Ground Rent of
House­II are still outstanding. The tenants paid the municipal
taxes of House II.

15. What   are   the   different   penalties   which   can   be   imposed

under the provisions of Income­tax Act, 1961?

————————

31
 WK 9

DE–3306 24

DISTANCE EDUCATION

M.B.A. (C.S) DEGREE EXAMINATION, MAY 2008.

Second Semester

ADVANCED COMPANY LAW

(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

1. What   accounting   records   must   be   kept   by   a   company   to

satisfy the requirements of the Companies Act 1956?

2. Describe   in   detail   the   procedure   that   is   required   to   be

followed   for   appointment   of   statutory   auditor   of   a   public
limited company.

3. Explain   the  powers   of   Registrar  of   Companies   to  call   for

information.

4. What is insider trading? What are its effects?

5. Distinguish   between   interim   dividend   and   final   dividend.

Describe the procedure that has to be followed in connection
with interim dividend.

6. What   is   meant   by   majority   power   in   company

management? What are the limitations of such powers?

7. What   are   multinational   and   transational   corporations?

Explain their legal structures.

32
 WK 9

8. What do you understand by ‘divisible profits’? Explain the
rules for ascertaining divisible profits.

PART B — (4  15 = 60 marks)

Answer any FOUR from the following.

9. Define   oppression   and   mismanagement.   What   remedy   or

relief   is   open   to   the   minority   shareholders   against   this
practice?

10. How des the SEBI combat the menace of insider trading in
India? Explain.

11. What   formalities   are   to   do   complied   with   in   order   to

appoint a new auditor in case the present auditor?

(a) dies

(b) resigns

(c) neglects to carry out the audit.

12. What are the causes of corporate collapses — Explain.

13. What are the rights and duties of inspection officers under
Sec. 209 A of the Companies Act?

14. Describe the features of company law in various advanced
countries   in   the   context   of   proposed   change   in   the   Indian
Company Law.

15. How   is   the   official   liquidator   appointed?   Describe   the

powers and duties of the liquidator appointed by the court for
compulsory winding up.

33
 WK 9

——————

34
 WK 9

DE–3307 25

DISTANCE EDUCATION

M.B.A. (C.S) DEGREE EXAMINATION, MAY 2008.

Second Semester

COST AND MANAGEMENT ACCOUNTING

(2005 onwards)

Time : Three hours Maximum : 100 marks

SECTION A — (5  8 = 40 marks)

Answer any FIVE questions.

1. State the scope and functions of management accounting.

2. State the difficulties in establishing a costing system and
how to over come them.

3. What are the uses of fund flow statement?

4. What   is   absorption   costing   differentiate   it   from   marginal

costing?

5. Compute the economic batch quantity for a company using
batch  costing with the  following information.  Actual  demand
for the components : 400 units; setting up and order processing
costs Rs. 50; cost of manufacturing one unit Rs. 100;  rate of
interest 10% p.a.

35
 WK 9

6. The   following   are   the   information   relating   to   a   Contract

Account 2007 :
Contract price Rs. 6,00,000
General expenses Rs. 8,600
Wages Rs. 1,64,000
Raw material Rs. 1,20,000
Plant Rs. 20,000
As on date, cash received was Rs. 2,40,000 being 80% of work
certified.   The   value   of   materials   remaining   at   site   was  
Rs.   10,000.   Depreciate   plant   by   10%.   Prepare   the   contract
account.

7. A company manufactures and markets three products A, B
and C. All the three products are made from the same set of
machines.   Production   is   limited   by   machine   capacity.   From
data given below indicate priorities of products A, B and C with
a view to maximise profits.
Particulars Product A Product B Product C

Rs. Rs. Rs.

Raw material cost per unit 2.25 3.25 4.25

Direct labour cost per unit 0.50 0.50 0.50

Other variable cost per unit 0.30 0.45 0.71

Selling price per unit 5.00 6.00 7.00

Standard Mach. time req. per  39 mts. 20 mts. 28 mts.

unit

In the following year the company faces extreme shortage of
raw  materials.   It  is  noted  that   3 kg,  4  kg  and  5  kg of  raw
materials   are   required   to   produce   one   unit   of   A,   B   and   C
respectively. How would product priorities change?

36
 WK 9

8. From   the   following   balance   sheets   of   B   Ltd.,   prepare   a

Sources and Uses of funds statement for 1998 :

31st Dec., 31st Dec.,

1998 1997

Rs. Rs.

Assets :

Cash 75,000 35,000

Accounts receivable 90,000 98,000

Merchandise inventory 1,20,000 87,000

Long term investments 10,000 15,000

Land 30,000 20,000

3,25,000 2,55,000

Liabilities and Stockholders :

Equity accounts payable 45,000 50,000

Notes payable (short term) 35,000 20,000

Notes payable (due Dec. 1999) 20,000 —

Capital stock 1,50,000 1,25,000

Retained earnings 75,000 60,000

3,25,000 2,55,000

37
 WK 9

SECTION B — (4  15 = 60 marks)

Answer any FOUR questions.

9. Discuss various classifications of costs.

10. Describe   the   types   of   financial   statements   and   their

limitations.

11. Pleasant   Cold   Limited   manufactured   and   sold   1,000

refrigerators   in   the   year   ending   31st   March   1995.   The
summarized Trading and Profit and Loss a/c is set out below :
Particulars Rs. Particulars Rs.
To Cost of materials 80,000 By Sales 4,00,000
To Direct wages 1,20,000
To Manufacturing expenses 50,000
To Gross profit c/d 1,50,000
4,00,000 4,00,000
To Management and Staff  By Gross Profit b/d 1,50,000
        Salaries 60,000
To Rent, Rates, Insurance 10,000
To Selling Expenses 30,000
To General Expenses 20,000
To Net Profit 30,000
1,50,000 1,50,000

For the year ending 31st March, 1996 it is estimated that
(a) Output and sales will be 1,200 refrigerators.
(b) Prices of raw materials will rise by 20% on the previous
year's level.
(c) Wage rates will rise by 5%.
(d) Manufacturing   cost   will   rise   in   proportion   to   the
combined cost of materials and wages.

38
 WK 9

Show   the   price   at   which   refrigerators   should   be

marketed.

12. From   the   following   Profit   and   Loss   accounts   and   the
balance sheets of Swadeshi Polytex Ltd. for the year ended 31st
December,   1997   and   1998   you   are   required   to   prepare   a
comparative   income   statement   and   a   comparative   balance
sheet :

Profit and Loss account
(In lakhs of Rs.)
Particulars 1997 1998 Particulars 1997 1998

Rs. Rs. Rs. Rs.

To Cost of goods sold 600 750 By Net Sales 800 1,00

0

To Operating expenses :
Administration expenses 20 20

Selling expenses 30 40

To Net profit 150 190

800 1,00 800 1,00

0 0

Balance Sheet as on 31st December
(in lakhs of Rs.)
Liabilities 1997 1998 Assets 1997 1998
Rs. Rs. Rs. Rs.
Bills payable 50 75 Cash 100 140
Sundry creditors 150 200 Debtors 200 300
Tax payable 100 150 Stock 200 300
6% debentures 100 150 Land 100 100

39
 WK 9

6% preference  300 300 Building 300 270

capital
Equity capital 400 400 Plant 300 270
Reserves 200 245 Furniture 100 140
1,300 1,52 1,300 1,52
0 0

13. The balance sheet of Major Ltd. as on 31st March 1999 is
an under :
Liabilities Rs. Assets Rs.
Share capital : Fixed assets :
    2,000 Equity Shares     At cost 5,00,000
of
    Rs. 100 each fully paid 2,00,000 Less : Depreciation 1,60,000 3,40,000
7.5% Preference Shares 1,00,000 Current assets :
General Reserve 60,000 Stock 60,000
12% Debentures 60,000 Debtors 80,000
Current Liabilities : Bank 20,000
    Sundry Creditors 80,000
5,00,000 5,00,000

The   company   wishes     to   forecast   balance   sheet   as   on  

31st   March   2000.   The   following   additional   particulars   are
available :
(a) Fixed assets costing Rs. 1,00,000 have been installed on
1st April, 1999 but the payment will be made on 31st March,
2000.
(b) The fixed assets turnover ratio on the basis of gross value
of fixed assets would be 1.5.
(c) The stock turnover ratio would be 14.4 (calculated on the
basis of average stock).

40
 WK 9

(d) The break­up of cost and profit would be as follows :
Material 40%
Labour 25%
Manufacturing expenses 10%
Office and selling expenses 10%
Depreciation 5%
Profit 10%
The profit is subject to interest and taxation at 50%.
(e) Debtors would be 1/9 of sales.
(f) Creditors would be 1/5 of material consumed.
(g) In March 1990, a dividend @ 10% on equity capital would
be paid.
(h) 12% debentures for Rs. 25,000 have been issued on 1st
April 1999.
Prepare the forecast balance sheet as on 31st March 2000
and show that following resultant ratios :
(i) Current ratio
(ii) Fixed assets/Net worth ratio and
(iii) Debt equity ratio.

14. Balance sheet of A and B on 1st January, 1993 and 31st
December, 1993 were as follows :

Balance sheet
Liabilities 1.1.1993 31.12.199 Assets 1.1.1993 31.12.199
3 3

Rs. Rs. Rs. Rs.

Creditors 40,000 44,000 Cash 10,000 7,000

Mrs. A's Loan 25,000 — Debtors 30,000 50,000

41
 WK 9

Loans from Bank 40,000 50,000 Stock 35,000 25,000

Capital 1,25,000 1,53,000 Machinery 80,000 55,000

Land 40,000 50,000

Building 35,000 60,000

2,30,000 2,47,000 2,30,000 2,47,000

During   the   year   a   machine   costing   Rs.   10,000   (accumulated

depreciation  Rs.  3,000)  sold  for Rs.  5,000.  The  provisions  for
depreciation against machinery as on 1.1.1993 was Rs. 25,000
and   on   31.12.1993   Rs.   40,000.   Net   profit   for   the   year   1993
amounted to Rs. 45,000. You are required to prepare cash flow
statement under traditional approach.

15. The following particulars are obtained from costing records
of a factory :
Particulars Product A (per unit) Product B (per unit)

Selling price Rs. 200 Rs. 500

Material (Rs. 20 per litre) 40 160

Labour (Rs. 10 per hour) 50 100

Variable overhead 20 40

Total fixed overheads Rs. 15,000. Comment on the profitability
of each product when :

(a) Raw material is in short supply

(b) Production capacity is limited
(c) Sales quantity is limited

(d) Sales values is limited

42
 WK 9

(e) Only  1,000 litres of  raw  materials  is  available for  both

the   products   in   total   and   maximum   sales   quantity   of   each
product is 300 units.

——————

43
 WK 9

DE–3308 31

DISTANCE EDUCATION

M.B.A. (C.S) DEGREE EXAMINATION, MAY 2008.

Third Semester

ORGANISATIONAL BEHAVIOUR

(2005 onwards)

Time : Three hours Maximum : 100 marks

SECTION A — (5  8 = 40 marks)

Answer any FIVE questions.

1. Bring   out   the   importance   and   various   needs   of   learning

organisational behaviour in this global scenario.

2. Define personality. What are the various determinants  of
personality?

3. What   are   the   factors   influencing   the   perception   of   an

individual?

4. When   groups   will   be   more   cohesive?   Bring   out   the

relevance of group cohesiveness to organisational behaviour.

5. What are the various styles of leadership? Explain briefly.

6. What   are   the   various   barriers   to   organisational

communication?   What   are   the   various   methods
available to reduce such barriers?

7. Enumerate the consequences of stress in an organisation.

8. Enumerate   the   types   and   characteristics   of   power   in   an

organisation.
44
 WK 9

SECTION B — (4  15 = 60 marks)

Answer any FOUR of the following.

9. What   are   the   implications   of   organisational   design   on

organisational behaviour?

10. Explain   any   two   important   organisational   development

interventions that you are familiar with.

11. How   an   organisational   climate   can   be   measured   in   an

organisation?

12. Give the meaning and significance of organisational culture
in an organisation.

13. Critically   evaluate   the   ‘Motivation   theory   of   Abraham

Maslow’.

14. Write a note on ‘Management of Stress’.

15. What are the factors determining the dynamics of a Group?

————————

45
 WK 9

DE–3309 32

DISTANCE EDUCATION

M.B.A. (CS) DEGREE EXAMINATION, MAY 2008.

Third Semester

LABOUR AND INDUSTRIAL LAWS

(2005 onwards)

Time : Three hours Maximum : 100 marks

SECTION A — (5  8 = 40 marks)
Answer any FIVE of the following.

1. What   are   the   essential   provisions   relating   to   health   and

safety under Factories Act 1948?
2.   What   are   the   ways   compensation   methods   can   be
reviewed?
3. What   do   you   understand   by   the   term   unfair   labour
practices?
4. Briefly   discuss   various   authorities   of   settlements   of
industrial disputes.
5. What   are   the   essential   provisions   available   to   protect
strikes and lockouts of an industry under industrial Disputes
Act, 1947?
6. What   are   the   important   functions   of   Employee’s   state
Insurance Corporation?
7. What is the role of Medical Benefits Council?

46
 WK 9

8. What are the wage deductions applicable under Payment of
Wages Act, 1936?

SECTION B — (4  15 = 60 marks)
Answer any FOUR of the following.

9. What are the essential and salient features of Payment of
Bonus Act, 1965?

10. What are the Rights and Liabilities of trade unions?

11. What is gratuity? How it is recovered?

12. What   are   the  obligations  of   manager   and   occupier   under

Factories Act 1948?

13. What   are   the   various   provisions   relating   to   welfare

measures for employees under Factories Act 1948?

14. What are the factors determining eligibility for bonus and
payment bonus under payment of Bonus Act?

————————

47
 WK 9

  DE–3310 33

DISTANCE EDUCATION

M.B.A. (C.S) DEGREE EXAMINATION, MAY 2008.

Third Semester

SECURITIES LAWS AND FINANCIAL MARKETS

 (2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

1. State   and   explain   any   Four   functions   of   a   good   financial

system.

2. How SEBI regulates the Primary Market?

3. Explain the risks associated with Mutual Funds.

4. What is Merchant Banking? What are the services offered
by it? 

5. Explain the importance of Commercial Bill Market.

6. Write a note on ‘‘Financial Intermediaries’’.

7. What are the advantages of issuing the ordinary shares and
Debentures?

48
 WK 9

8. Who are market players? What are their functions? 

PART B — (4 × 15 = 60 marks)

Answer any FOUR questions.

9. Enumerate   the   major   reforms   undertaken   in   the   Indian

Capital Market.

10. How does SEBI protect the interest of investors?

11. What   are   the   different   functions   of   lead   managers

Registrars and Underwriters?

12. Explain the weakness of Indian Financial System.

13. State   the   provisions   on   SEBI   and   RBI   regulations   for

Mutual Funds.

14. Explain   the   working   of   various   credit   rating   agencies   in

India.

15. What are the conditions for recognition of a stock exchange?
Explain the functions of stock exchanges in India.

——————

49
 WK 9

DE–3311 34

DISTANCE EDUCATION

M.B.A. (CS) DEGREE EXAMINATION, MAY 2008.

Third Semester

Corporate Secretaryship

INDIRECT TAXES

(2005 onwards)

Time : Three hours Maximum : 100 marks

SECTION A — (5  8 = 40 marks)

Answer any FIVE questions.

1. Explain some of the major reforms in indirect taxation.

2. Who   is   a   manufacturer?   Give   specific   instances   of

manufacturer.

3. Calculate the assessable value for excise duty when cum­
duty selling price is Rs. 60,320 inclusive of sales tax @4% rate
of excise duty for the product is 16% trade discount allowed is
Rs. 2,400 and freight (to be charged extra) is Rs. 2000.

4. Explain   the   when   registration   is   compulsory   and   when

exempt under Central Excise law?

5. Write briefly your substantiation on levy of service tax on
some of the new services included.

50
 WK 9

6. What   are   the   reasons   for   prohibition   of   importation   and

exportation of goods?

7. Explain the scope and objective of CST.

8. Explain the tax planning aspects under customs law.

SECTION B — (4  15 = 60 marks)

Answer any FOUR questions.

9. Illustrate the concept of excisable goods under sec.3 of the
Central Excise Act.

10. Explain the rules regarding clearance of excisable goods.

11. Discuss briefly the levy of tax under VAT.

12. Discuss the methods of valuation for customs duty.

13. What   are   public   and   private   warehouses?   State   the

procedure for clearance of goods from warehouse.

14. Discuss   the   law   on   sale/purchase   in   the   course   of

export/import under CST.

15. Discuss   briefly   the   levy,   descriptions,   valuation   and

collection of service Tax.

——————

51
 WK 9

  DE–3312 35

DISTANCE EDUCATION

M.B.A (CS) DEGREE EXAMINATION, MAY 2008.

Third Semester

Corporate Secretaryship

COMPANY SECRETARIAL PRACTICE

(2005 onwards)

Time : Three hours Maximum : 100 marks

SECTION A — (5  8 = 40 marks)

Answer any FIVE questions.

1. What   is   provisional   contract?   Draft   a   specimen   of   a

preliminary contract.

2. Explain the provisions relating to transfer of shares.

3. What  is   a share  warrant? State the law  on the issue of

share warrants.

4. State the procedure for re­appointment of retiring auditor
and appointment by Central Govt.

5. Draft a specimen of any three ordinary resolutions in the
general meeting.

6. Write a note on the directors responsibility statement.
52
 WK 9

7. What   are   the   statutory   books   to   be   maintained   by   a

company?

8. Draft   a   notice   of   appointment   of   liquidator   and   call   to

contributories in members’ voluntary winding up.

SECTION B — (4  15 = 60 marks)

Answer any FOUR questions.

9. Discuss the procedure for incorporation of a public limited
company.

10. Describe   the   provisions   relating   to   forfeiture   of   shares.

Draft a specimen notice for forfeiture of shares.

11. Draft   a   specimen   resolution   for   increasing   numbers   of

directors, filling up casual vacancy, appointment of managing
director and  alternate director and removal of a director from
office.

12. What   are   procedures   relating   to   the   conduct   of

extraordinary general meeting?

13. Write  a  detailed note  on  the  returns  to  be  filed with  the
Registrar of Companies.

14. What are the contents of Directors’ report?

15. Illustrate     the   provisions   and   procedure   for   creditors’

voluntary winding up.

—————

53
 WK 9

DE–3313 36

DISTANCE EDUCATION

M.B.A. (C.S) DEGREE EXAMINATION, MAY 2008.

Third Semester

CORPORATE RESTRUCTURING : LAW AND PRACTICE
(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

1. Explain the need for corporate restructuring and its types.

2. Write a note on the national and international scenario of
corporate restructuring.

3. Explain   amalgamation   by   BIFR   and   under   the   order   of

central government.

4. Explain the economic aspects of takeover.

5. What is reconstruction? How it is different from demerger?

6. What is reverse merger? Explain its significance.

7. Explain   the   criteria   for   success   under   post   merger­

reorganisation.

8. What do you mean by documentation for mergers?

54
 WK 9

PART B — (4  15 = 60 marks)

Answer any FOUR questions.

9. Illustrate the preliminary steps involved in mergers.

10. Explain the legal aspects of amalgamation.

11. Describe the provisions regarding bailout takeovers.

12. Bring to light the tax aspects of demergers.

13. Explain the buy­back procedure for listed companies.

14. Explain the various aspects connected with post­merger re­
organisation.

15. Explain briefly about the ‘takeover code’. 

————————

55
 WK 9

DE–3314 41

DISTANCE EDUCATION

M.B.A. (CS) DEGREE EXAMINATION, MAY 2008.
Fourth Semester
DRAFTING AND CONVEYANCING
(2005 onwards)
Time : Three hours Maximum : 100 marks

PART A — (5 × 8 = 40 marks)
Answer any FIVE questions.

1. What are the rules for Drafting?

2. What are the basic requirements of deeds of transfers?

3. How to Draft Agency contracts?

4. What   do   you   understand   by   Memorandum   of   pledge   of

movables?

5. What   are   the   procedure   for   assigning   patents   and

trademarks of deed?

6. How to draft a petition to appellate authorities?

7. What do you mean by irrecoverable power of attorney?

8. What do you mean by deed of change and gift deeds?

PART B — (4  15 = 60 marks)
Answer any FOUR from the following.

9. What   are   the   legal   implications   and   requirements   of

drafting?

56
 WK 9

10. Draft a suitable letter to an agent, who shows less progress
in securing orders and is irregular in sending the sales reports.

11. The income tax department served on you a notice for the
tax   to   be   remitted   immediately.   Draft   a   suitable  request   for
extension of period, say a month, within which you will be able
to remit it.

12. Draft   a   letter  to   shareholder,   inviting   him   to   discuss   his

willingness to accept the directorship of your company.

13. Draft an application letter for the post of accountant in a
limited company in Madras.

14. Draft   a   letter   on   behalf   of   a   bank   manager   giving

information   to  a   customer   regarding  the  facility  available  in
the bank for the safe custody of valuables.

15. Draft a suitable reply to a customer who  has complained

that   the   quality   of   paint   supplied   to   him   was   not   upto   the
mark.

————————

57
 WK 9

  DE–3315 42

DISTANCE EDUCATION

M.B.A (CS) DEGREE EXAMINATION, MAY 2008.

Fourth Semester

ECONOMIC LEGISLATIONS

(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

1. What are the regulatory  mechanism available in IDRA.

2. State   the   provisions   of   the   competition     act   2002   with

regard to accounts and audit of competition commission.

3. Write a note on Competition Advocacy.

4. Can   a   person   resident     outside   India   acquire   immovable

property in India? Explain.

5. What   are  the  salient   features  of   the  Air   (Prevention  and

Control of Pollution) Law?

6. Explain the functions of environment Tribunal?

7. Explain the scope of consumer protection Act.

58
 WK 9

8. Critically   evaluate   the   present   position   of   small   scale

industries  in India.

PART B — (4 × 15 = 60 marks) 

Answer any FOUR questions.

9. What are the concessions  available in setting up industrial
units in FTZ and 100% EOUS?

10. What are the powers of competition commission?

11. Explain   the   term   Authorised   person   under   FEMA   1999.

What are the powers and duties of an authorised person?

12. What   are   the   Board   functioning   under   water   and

environment (protection) Law? Also explain its functions.

13. Evaluate the procedures for obtaining various environment
clearances.

14. Critically review the functions of various redressed forms
under consumer protection Act.

15. Describe the different kinds of accounts along­ with their
salient features in brief that can be openly by non­resident in
India.

——————

59
 WK 9

  DE–3316 43

DISTANCE EDUCATION

M.B.A. (CS) DEGREE EXAMINATION, MAY 2008.

Fourth Semester

SECRETARIAL AND MANAGEMENT AUDIT

(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)

Answer any FIVE questions.

1. State the professional standards and code of conduct of a
company secretary in practice.

2. What   is   secretarial   audit   report?   How   does   it   help   the

secretarial auditor in discharging his functions?

3. Bring out the scope and importance of status reports.

4. How   does   the   securities   and   exchange   board   of   India

protect the interest of investors?

5. What   is   systems   audit?   Describe   its   importance   in   the

current business scenario.

6. What   is   the   need   for   management   audit   in   a   domestic

organisation?

7. Distinguish cost audit from financial audit.

60
 WK 9

8. What is compliance certificate? List out its functions.

PART B — (4 × 15 = 60 marks)

Answer any FOUR questions.

9. Prepare a checklist of a secretarial audit in connection with
loan agreement with financial institutions.

10. Who   is   a   ‘company   secretary   in   practice’?   What   are   his

areas of practice? What are the challenges before him?

11. What do you mean by ‘charges’? What are the documents to
be verified in connection with charges? Explain.

12. What is securities audit? How can a auditor act diligently to
prevent fraudulent and unfair practices?

13. Enumerate   the   various   steps   involved   in   conducting

systems audit.

14. Bring out meaning, scope and nature of management audit.
Will it help the organisation to attain its objectives?

15. Explain   the   uses   of   cost   audit   to   management   and

shareholders. Also state the contents of cost audit report.

————————

61
 WK 9

DE–3317 44

DISTANCE EDUCATION

M.B.A. (CS) DEGREE EXAMINATION, MAY 2008.

Fourth Semester

INTERNATIONAL BUSINESS

(2005 onwards)

Time : Three hours Maximum : 100 marks

PART A — (5  8 = 40 marks)
Answer any FIVE questions. 

1. What   is   Technology?   Explain   the   role   of   technological

changes in the global business. 
2. Explain the organisation structure of WTO. 
3. Explain the role of MNC’s in Indian Economy. 
4. Explain   the   organisational   structure   and   potentialities   of
‘ASEAN’. 
5. What is international ‘‘SWOT’’ analysis? How do you use it
in formulating global strategies? 
6. What   is   foreign   direct   investment?   What   are   the
advantages and disadvantages of FDI? 
7. Explain the following : 
(a) Patents
(b) Trade marks 
(c) Copyright. 

62
 WK 9

8. Analyse the steps taken by Indian government to globalise
the economy. 

PART B — (4  15 = 60 marks)

Answer any FOUR questions. 

9. What   is   political   environment?   How   does   it   affect

international business? 

10. How does WTO affect India, particularly in agriculture and
in labour aspects?

11. What   are   the   factors   contributing   for   the   growth   of

M.N.C’s? 

12. Describe the steps taken by ‘NAFTA’ in bringing economic
integration among U.S.A., Canada and Mexico. 

13. Explain   in   detail   on   international   commercial   disputes

redressal mechanism. 

14. Describe the types of out sourcing with suitable examples. 

15. Explain the features of global economy. Discuss the various
corporate level strategies of a global business. 

———————

63
 WK 9

  DE–3318 45

DISTANCE EDUCATION

M.B.A. (CS) DEGREE EXAMINATION, MAY 2008.
Fourth Semester
CORPORATE FINANCIAL MANAGEMENT
 (2005 onwards)
Time : Three hours Maximum : 100 marks
PART A — (5  8 = 40 marks)
Answer any FIVE questions.

1. In   what   respect   is   the   objective   of   wealth   maximisation

superior to the profit maximisation objective?

2. State   the   advantages   and   disadvantages   of   convertible

debentures.

3. Describe the special features of term loans.

4. Differentiate the following concepts 
(a) Gross and net working capital
(b) Permanent and temporary working capital. 

5. What do you know about ‘‘The aggressive and conservative
current   asset   financing   policies’’?   State   your   preference   with
reasons.  

6. Define the term ‘Cost of Capital’. What is its significance in
financial decision making? 

7. Write short notes on ‘Optimum Capital Structure’.

64
 WK 9

8. What are the implications of the Walter model in relative to
dividend decision?

PART B — (4 × 15 = 60 marks)

Answer any FOUR questions.

9. Financial management has changed substantially in scope
and complexity in recent decades ­ Comment.

10. Briefly explain the different sources of long­term financing
in India.

11. What   are   the   factors   that   determine   the   working   capital
requirement of a firm?

12. Discuss the different approaches to the computation of the
cost of the equity capital.

13. Explain   the   procedure   for   determining   the   weights

marginal cost of capital. 

14. State the factors that determine the capital structure of a
firms.

15. What is the substance of Miller and Modiglisani dividend
irrelevance theorem?

——————

65