the maharaja sayajirao university of baroda€¦ · semester: ii subject: portfolio management...

THE MAHARAJA SAYAJIRAO UNIVERSITY OF BARODA ONLINE EXAMINATION MODEL PAPERS STYLE FORMAT

For the Terminal/Semester-End Examinations,

To be conducted during August 2020 in the era of COVID-19

Objective Type Sample Questions

Faculty/College: Commerce

Academic Programme: T. Y. B. Com. Honours [Higher Payment Programme]

Semester: II

Subject: Risk Management and Insurance

Paper Type: Specialization

Paper Code: BNK 1605

Paper Name: Risk Management and Insurance

Q1 The foundation of risk management and analysis is

Profit and loss

Break-even point

Probability

Possibilities

Q2 An important method to transfer risk is

Insurance

Foreign trade

Domestic trade

Banking

Q3 Data which is voluminous, highly varied, has high veracity and high value is called

Mini Data

Small Data

Hyper Data

Big Data

Q4 One of the applications of Big Data Analysis in insurance industry is

Under-reporting

Underwriting

Under-taxing

Increasing the investment risk






Academic Programme: T. Y. B. Com. [Regular]

Semester: II

Subject: Insurance Laws and Regulations

Paper Type: Open Elective


Paper Name: Insurance Laws and Regulations

Q1 One of the parties in an individual’s life insurance contract is

Reserve Bank of India

Insurance company

Enemies of the insured

Foreign Government

Q2 A general insurance contract guarantees to indemnify the insured. What does this

mean?

The insurer will help the insured earn a profit from the insurance coverage

The insurer will help the insured make a compulsory loss from the insurance coverage

The insurer will help to restore the financial position of insured to her pre-loss situation

The insured will not give any protection whatsoever to the insured

Q3 Which committee made the recommendation to introduce a separate insurance

regulatory body which later came to be known as IRDA?

Raja Ram Mohan Roy Insurance Committee

Chopa Committee

Rangarajan Committee on Monetary Policy

Malhotra Committee

Q4 The most important law that affects the insurance business in India is

Reserve Bank of India Act 2018

Insurance Regulatory and Development Authority of India Act 2022

Insurance Regulatory and Development Authority of India Act

Insurance Business Profit and Loss Act






Academic Programme: SSBCOM III

Semester: SSBCOM III

Subject: Insurance Products

Paper Type: Objective

Paper Code: BNK1603

Paper Name: Insurance products

Q1 Which among the following is a principle applicable to life insurance contracts?

Utmost good faith

subrogation

proximate cause

indemnity

Q2 “Stepping into the shoes of insured” which principle is referred in this statement?

subrogation

cooperation

Proximate cause

Loss mitigation

Q3 Which among the following is the type of life insurance?

Cattle insurance

Health insurance

Term insurance

Personal accident insurance

Q4 Which among the following is the type of general insurance?

Whole life insurance

Money back insurance

Annuity

Fidelity insurance





Faculty/College: FACULTY OF COMMERCE

Academic Programme: 2019-20

Semester: 6TH (SSBCOM-III)

Subject: COMPANY AUDIT

Paper Type: CORE COMPLUSORY

Paper Code: ACF1615/ ACF1602

Paper Name: COMPANY AUDIT

Q1 Investigation is also known as

Financial audit

Tax audit

Special audit

Social audit

Q2 If the declaration of dividend is out of past years profits transferred to reserves, after

withdrawal from reserves, balance of reserves should not be less than _________ as

per the latest audited statement.

15% of the paid-up capital

15% of the unsubscribed capital

15% of the authorized capital

10% of the paid-up capital

Q3 If the company fails to pay dividend within _____ from date of declaration, every

director who is knowingly partly to default will be punishable with such fine or

imprisonment or both.

7 days

5 days

15 days

30 days

Q4 Auditor shall express qualified opinion if he is unable to obtain sufficient appropriate

audit evidence and concludes that possible effects on financial statement of

undetected misstatements if any could be____________

immaterial and pervasive

material and pervasive

Immaterial but not pervasive

material but not pervasive





Faculty/College: COMMERCE

Academic Programme: Bachelor of Commerce (Third Year)

Semester: 6th Semester

Subject: Health Insurance

Paper Type:

Paper Code: BNK1601

Paper Name: Health Insurance

Q1 NHS is an abbreviated form of _________.

National Health Scheme

National Health Service

National Human Sanitization

National Human Service

Q2 Minimum and Maximum age of entry in a health insurance policy differs from insurer

to insurer, but generally it is between __________.

20 to 45

21 to 70

25 to 65

18 to 65

Q3 Which of the following is incorrect with respect to Importance of data for Actuaries?

Perform Rating and Underwriting Analyses

Does Internal Tariff Development

Classification and Segmentation analysis

Acceptance or Denial of a Risk

Q4 Which of the following content is not shown by outstanding claims data table?

Outstanding Claim amount at the beginning of each financial year in aggregate.

Outstanding Claim amount at the close of each financial year in aggregate.

Outstanding Claim amount increased during financial year in aggregate.

Total amount paid during the year in aggregate.





Faculty/College: Faculty of Commerce

Academic Programme: SS B.Com III

Semester: Second Semester B. Com III

Subject: Financial Reporting

Paper Type: MCQ

Paper Code: ACF 1616 and ACF 1604

Paper Name:

Q1 E Ltd. has 3000 equity shares of Rs. 10 each fully paid up outstanding on 1.4.2019. On 1.12.19 it issued 1200 equity shares of Rs. 10 each. On 1.3.20 company bought-back 600 equity shares. The weighted average number of equity shares as on 31.3.20 will be

3350 shares

2250 shares

2900 shares

3150 shares

Q2 The fair value of plan assets at the beginning and at the end of the year was Rs. 1,03,000 and Rs. 2,05,000 respectively. Benefit payments to retirees were Rs. 55,000. The employer’s contribution to the plan during the year was Rs. 71,000. Actual return on plan assets is

Rs. 1,26,000

Rs. 86,000

Rs. 68,000

Rs.1,02,000

Q3 Which are the reportable segments as per AS-17 based on the segment result given as under?

Particulars L M N O P

Segment results, Rs. 3,00,000 (4,00,000) 50,000 40,000 22,000

L,M,N

L,M,O

L,M,P

M,N,O

Q4 Which of the following is not covered by AS- 15?

Defined contribution plan

Defined benefit plan

Contract for service

Contract of service


For the Semester-End Examinations,


OBJECTIVE TYPE SAMPLE QUESTIONS


Academic Programme: TYB COM

Semester: S.S. TYBCOM. END SEMESTER EXAMINATION Subject/ Paper NAME INTERNATIONAL FINANCE

Subject code BEC1614

Department BUSINESS ECONOMICS

Q1 When a country’s currency depreciates,

The country’s exports and imports both will rise.

The country’s exports and imports both will fall.

The country’s exports will rise and imports will fall.

The country’s exports will fall and imports will rise.

Q2 Which of the following equation about the basic balance is true?

Basic balance = current account + long capital account

Basic balance = export receipts + import payments

Basic balance = service account + capital account

Basic balance = balance of trade + capital account

Q3 Which of the following will automatically bring equilibrium in the balance of payments?

Direct control on import and export

Change in monetary and fiscal policy of country

Control over the movement of capital flow

Freely floating exchange rate system

Q4 The phenomena in which Devaluation worsens the Trade Balance in the short-run and then improves the same in the long-run is described as

Devaluation effect

The analysis of J-curve

Money illusion effect

Backwash effect

Q5 Under fixed exchange system, the rate of exchange is determined by

New York Stock Exchange

Central Bank of a country

Planning Commission

Ministry of Finance






Academic Programme: M.Com.

Semester: 4

Subject: Accounting and Financial Management

Paper Type: Compulsory

Paper Code: ACF 2417

Paper Name: Strategic Financial Management NC

Q1 A firm wants to replace an old equipment, which has a book value of Rs.10,000/- and market value of Rs.6000/- The new equipment will require initial cash outlay of Rs.20,000/-. The incremental initial cash outlay ignoring the tax effect will be-

Rs. 6000

Rs. 10000

Rs. 14000

Rs. 20000

Q2 Modified IRR =

√Terminal value at reinvestment rate

Initial outlay

n -1

Terminal value at reinvestment rate

Initial out lay -1

CF0 +CF1

(1+r) + CF2

(1+r)2 +… . +

CFn

(1+r)n

Is an IRR where all negative cash flows from year 1 onwards are ignored

Q3 The value of the firm depends on earnings and risk of its assets (business risk ) and not on the way in which assets have been financed is given by

Net income approach

Pay back approach

M-M hypothesis without taxes

Traditional theory

Q4 As per the adjusted book value approach for valuation when the adjustment is applied to reflect the replacement cost, building is valued at

Replacement cost of new building-depreciation and deterioration

Market price of similar used asset

Market price of similar used asset + cost of transportation

Market price of similar used asset + cost of transportation + cost of installation






Academic Programme: M.Com.(Final) with Specialization in Accounting & Financial Management

(New)

Semester: II

Subject: Portfolio Management (Compulsory Paper) – (NC) For Regular students

Paper Type: MCQs

Paper Code: ACF

Paper Name: Portfolio Management

Q1 A portfolio consists of four securities, A, B, C, and D with expected returns of 10%, 20%, 30%, and 20% respectively. The proportions of portfolio value invested in these securities are .2, .3, .3, and .2 respectively. What is the expected return on the portfolio?

19%

12%

21%

18%

Q2 Prices of high-coupon bonds are ______ sensitive to interest rate changes than prices of low-coupon bonds.

more

less

not

least

Q3 Mukesh has just sold shares of Google Inc. that he purchased a year ago and earned a rate of return of 200% in terms of the US $. During the same period, the US $ appreciated 5% against the INR. What is the realized rate of return in INR terms from this investment?

26%

80%

185%

215%

Q4 Which type of transactors or players seem to have a distinct edge over others?

Value Based Transactors (VBT)

Information Based Transactors (IBT)

Liquidity Based Transactors (LBT)

Pseudo-information Based Transactors (PIBT)






Academic Programme: M.Com (f) [Banking and Insurance]

Semester: SSM.COM-II (IV)

Subject: Project Appraisal and Financing

Paper Type: MCQs


Paper Name:

Q1 Which out of this is not a type of security?

Personal

Social

Collateral

Tangible

Q2 Who is not considered as Borrower for direct lending?

Insane

Sole Proprietorship

Married Women

Joint Account

Q3 A good security should be ………

Marketable

Intangible

Social

Capital

Q4 ………………. Is a short term liquidity ratio.

Debt-Equity ratio

Inventory Management ratio

Current ratio

Capital Adequacy ratio


For the Semester-End Examinations,




Academic Programme: MASTER OF COMMERCE IN INDUSTRIAL ECONOMICS AND

INTERNATIONAL BUSINESS

Semester: S.S. M.COM. II -END SEMESTER EXAMINATION Subject/ Paper ECONOMICS OF INTEGRATION AND GLOBAL ECONOMY

Subject code BEC 2405

Department BUSINESS ECONOMICS

Q1 _____________extended the Theory of Customs Union in 1955 and introduced the Consumption Effect

Jacob Viner

James Meade

Adam Smith

David Ricardo

Q2 In case of Lipsey Model, after formation of the Customs Union, if the equilibrium price level is close to the free trade price of the most efficient producer-country in the world, the Custom union will…………….

not last for a long time

cause dynamic shifts in the Social Indifference Curves

raise the welfare of the Home country

lower the welfare level of the Home country

Q3 Regional Cooperation & Integration (RCI) is a process by which National economies become more…………………….

Protective economically

Politically strong

Economically Independent

Interconnected regionally

Q4 The European Common Market was formed in…………………

1945

1947

1955

1957






Academic Programme: Master of Commerce (Accounting and Financial Management)

Semester: IV SSMCOM-II

Subject: Accounting

Paper Type: Specialisation


Paper Name: Advanced Accounting

Q1 A ltd purchased 4,90,000 equity shares of Rs. 10 each of B ltd at a cost of Rs.

55,00,000 and acquired 70% control on 1st October 2019. On the date of acquisition

the net assets of the B ltd was Rs 45,00,000 while the fair value of the share of B ltd

was Rs. 8.50 per share. Calculate Cost of Control – Goodwill / Capital Reserve as per

Fair value Method?

Goodwill Rs. 26,80,000

Capital Reserve Rs. 31,50,000

Capital Reserve Rsl. 13,50,000

Goodwill Rs. 27,85000

Q2 X ltd acquired Y ltd and agreed to issue 6, 00,000 equity shares of Rs. 10 each fully paid up at Rs. 15 each to the equity share holders of B ltd and 1, 50,000 8% preference shares of Rs. 5 each fully paid up at Rs. 9 to the preference share holders of B ltd. Calculate the amount of Purchase consideration in accordance with Ind AS 103

Rs. 90,00,000

Rs. 1,0350,000

Rs. 13,50,000

Rs.60,00,000

Q3 Which of the following is not correct?

The accounting treatment for preparing Consolidated statements is given by Ind AS

110

The measurement and recognition principles for Business combination is given by Ind

AS 103

The Accounting treatment for Foreign currency transaction is given by Ind

As 11

The investment in Associates and Joint venture is accounted for in compliance with the

rules as prescribed by Ind AS 28





Faculty/College: FACULTY OF COMMRECE


Semester: 4TH (SSMCOM-II) (ACCOUNTING & FINANCIAL MANAGEMENT)

Subject: TAX PLANNING AND MANAGEMENT

Paper Type: SPECIALISATION

Paper Code: ACF2413

Paper Name: TAX PLANNING AND MANAGEMENT

Q1 _______ % of the import duty paid is allowed as drawback under section 74 of Customs Act, 1962 in case the goods are re-exported out of India after being take in use for 36 months.

75

70

65

Zero

Q2 Two enterprise shall be deemed to be associated enterprise for the purpose of section 92A(1) if, at any time during the previous year, a loan advanced by one enterprise to other enterprise constitutes not less than ___________________ of the book value of the total assets of the other enterprise.

25%

26%

20%

51%

Q3 Rome G limited is engaged in manufacturing of electronic gadgets. Company has debited Rs. 60,000 to the profit and loss account Interest on loan to resident Mr. Rohit Shah on which fail to deduct the TDS for A.Y. 20-21. Which of the following statement is correct?

Rs. 60,000 shall be disallowed while calculating taxable income/book profit under normal provisions and u/s 115JB.

Rs. 18,000 shall be disallowed while calculating taxable income under normal provisions and but deductible while calculating book profit u/s 115JB.

Rs. 60,000 shall be disallowed under normal provision only.


Q4 __________ surcharge is applicable for domestic company having net income of Rs. 0.12 crores for the assessment year 2020-21.

Zero

7%

12%

5%






Academic Programme: Masters of Commerce (MCOM-FINAL) : 2 Years Post Graduate Programme

Semester: Year II, Semester II Subject: Specialization -I ( Accounting) Paper Type: Core Elective For Specialization Paper Code: ACF 2412 Paper Name: Financial Statement Analysis and Research

Q1 Net profit before working capital changes of ABC Ltd. is Rs. 10, 56,000. Calculate Cash Generated from operations from the following information: Particulars Amount (Rs.)

Decrease in stock 8,06,400 Decrease in Creditors 28,800 Increase in Debtors 86,400 Increase in Advances 5,760 Increase in Outstanding expenses 1,15,200

Rs. 16, 83,840

Rs. 20, 40,960

Rs. 18, 10,560

Rs. 18, 56,640

Q2 __ Sampling involves grouping the population and then selecting the groups rather than individual elements for inclusion in the sample.

Simple Random sampling

Systematic sampling

Cluster sampling

Sequential sampling

Q3 Which one of the following is an example of Sources of funds in Funds Flow Statement?

Purchase of Investments

Tax Payment

Raising of Long term loans

Repayment of Long term Loans

Q4 Following information for Bajaj Auto Ltd for the year ended on 31-03-2019 is provided. Using the DuPont analysis, Calculate the Equity Multiplier. Asset turnover = 1.08 times Return on equity = 21.51%

Net profit margin = 15.81%

1.26

1.36

1.99

3.67







Semester: 4TH (SSMCOM-II) GENERAL BRANCH

Subject: TAX ACCOUNTING AND MANAGEMENT

Paper Type: GENERAL COURSE

Paper Code: ACF2409

Paper Name: TAX ACCOUNTING AND MANAGEMENT

Q1 Guru limited is resident of country A. it earns income of Rs. 10,000 from foreign country B. Tax rate of country A is 40% and country B is 30%. Calculate Tax liabilities for Rs. 10000 of Guru limited considering there is deduction method prescribed under DTAA between country A and country B.

Rs. 4000

Rs. 5,800

Rs. 3,000

Rs. 7,000

Q2 As per model tax convention of OECD, scope of the convention covered under __________articles.

1 & 2

3 to 5

6 to 21

24 to 29

Q3 Rome G limited is engaged in manufacturing of electronic gadgets. Company has debited Rs. 60,000 to the profit and loss account Interest on loan to resident Mr. Rohit Shah on which fail to deduct the TDS for A.Y. 20-21. Which of the following statement is correct?

Rs. 60,000 shall be disallowed while calculating taxable income/book profit under normal provisions and u/s 115JB.

Rs. 18,000 shall be disallowed while calculating taxable income under normal provisions and but deductible while calculating book profit u/s 115JB.



Q4 __________ surcharge is applicable for domestic company having net income of Rs. 80 lacs for the assessment year 2020-21.

Zero

7%

12%

5%






Academic Programme: Masters of Commerce (Final) Banking and Insurance

Semester: Second

Subject: Health Insurance

Paper Type:

Paper Code: BNK2402

Paper Name: Health Insurance

Q1 Which of the following Schemes led to the beginning of Health Insurance in India?

ESIS

CGHS

Jan Arogya Bima

Arogya Sanjeevani Policy

Q2 Minimum and Maximum age of entry in a health insurance policy differs from insurer

to insurer, but generally it is between __________.

20 to 45

21 to 70

25 to 65

18 to 65

Q3 Manohar is aged 30 years, and his parents are senior citizen. Manohar has taken a medical

cover for himself and his parents for which he pays insurance premium of Rs 26,000 and Rs

45,000 respectively. What would be the maximum amount he can claim by way of a deduction

under Section 80D?

56,000

71,000

70,000

55,000

Q4 Which of the following parameter is not a trigger to detect fraudulent claims?

Payment of Claims.

Short term policy holder with lower sum insured.

Excessive patients’ per doctor in a hospital.

Documentation are usually in perfect order.






Academic Programme: Master of Commerce

Semester: SS M.Com II

Subject: Services Marketing

Paper Type: -

Paper Code: CBM 2401

Paper Name: Services Marketing

Q1 Which of the following services could be said to be the most intangible?

Airline

Hotel

Consultancy Firm

Fast food restaurant

Q2 As per service-quality model, when a hospital has the capacity to complete the promised patient care service accurately and dependably, its called:

Responsiveness of the hospital services

Reliability of the hospital services

Assurance for the hospital services

Empathy in hospital services

Q3 The fact that a traveler may have one extremely pleasant experience of airlines and then one

quite unpleasant and negative experience on a subsequent travel trip is mainly because:

Inseparability

Variability

Intangibility

Versatility

Q4 In a leading nationalised Bank, which of the following element of Marketing Mix would not be

significant for effectiveness in its operations?

Bank Employees

Service Process

Classic Interiors

Technology based customer service solutions






Academic Programme: MCOM- FINAL

Semester: SSMCOM FINAL

Subject: ACCOU NTING AND FINANCIAL MANAGEMENT

Paper Type:


Paper Name: CONTEMPORARY ISSUES IN ACCOUNTING

Q1 1. The word Forensic means

Something related to foreign currency

Suitable for use in court of law

Suitable for use in foreign country

Suitable for use in foreign country

Q2 2. Which of the following Fair value hierarchy is most unreliable?

Level I input

Level II input

Level III input

Unobservable input

Q3 EVA EVA is an indicator of

Wealth and Leverage

Liquidity and Wealth

Leverage and Creditworthiness

Creditworthiness and Liquidity

Q4 ABC Limited has Rs.2,80,000 net income for the quarter ended 30-09-2018, after considering Rs.80,000 extraordinary losses occurred on 10-05-2018 which was allocated equally to each quarter for the financial year 2019-20. What is the profit for the quarter ended 30-09-2018 as per the IND AS-34?

Rs.2,50,000

Rs.2,70,000

Rs.2,80,000

Rs.3,00,000






Academic Programme: M. com.

Semester: 4

Subject: Accounting and Financial Management

Paper Type: Super specialization


Paper Name: International Financial Management

Q1 In a system where monetary authorities stand ready to convert at a fixed rate, the paper currency issued by them in to the paper currency of another country

Which is operating in Gold Specie or Gold Bullion Standard is known as Gold Exchange Standard

Is known as Gold Bullion Standard

Is known as Gold Specie Standard

Is known as Bretton Woods System

Q2 Country P agrees to supply leather goods worth 3,00,000 to country Q in return for crude oil worth 3,00,000, both valued in Country Q’s currency. The entry in BOP of country P will be

Merchandise exports debit (Current Account) Merchandise imports credit (Current Account)

Merchandise exports debit (Capital Account) Merchandise imports credit (Capital Account)

Merchandise imports Debit ( Current Account) Merchandise exports credit (Current Account)

Merchandise imports Debit (Capital Account) Merchandise exports credit (Capital Account)

Q3 If on April 7 USD/INR spot is 74.4025/55, 2 month swap points are 90/80 and 3 months swap points are 200/200, Bid rate for June 19 will be

74.4325

74.3895

74.4185

74.3725

Q4 A company has foreign currency interest payable which will be paid before next balance sheet date. This is

Translation exposure

Transaction exposure

Operating exposure

Accounting exposure






Academic Programme: M.COM-FINAL (SPECIALISATION –TAXATION)

Semester: SECOND SEMESTER OF M.COM.(FINAL)-AFM

Subject: GST: LAWS & PRACTICE

Paper Type:

Paper Code: ACF-2414

Paper Name:

Q1 GST is levied on supply of all goods and services except:……..

Audit services

Legal Services

Sponsorship Services

Alcoholic liquor for human consumption

Q2 Mr. R has started his business of supply of goods in Delhi. He is required to obtain

registration if his turnover exceeds ______ during a financial year.

Rs. 10 Lakhs

Rs. 20 Lakhs

Rs. 30 Lakhs

Rs. 40 Lakhs

Q3 ABC Limited has acquired architect services for construction of its factory building for

Rs. 1,00,000 excluding GST @18% locally. Pass the Accounting entry to record this

transaction in its books of accounts.

Party A/c Dr. 1,18,000

To Building A/c 1,18,000

Building A/c Dr. 1,18,000

To Party A/c 1,18,000


CGST Input Receivable A/c Dr. 9,000

SGST Input Receivable A/c Dr. 9,000



IGST Input Receivable A/c Dr. 18,000


Q4 Is there any time limit to receive back raw material/capital goods sent to job

worker’s place?

No time limit prescribed

Yes, time limit is prescribed only for raw material

Yes, time limit is prescribed only for capital goods

Yes, time limit is prescribed for raw material as well as capital goods

the maharaja sayajirao university of baroda€¦ · semester: ii subject: portfolio management...

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