Marke Hing mepomencie gyoyend¥20\3 CTYBBL ) Con. 6547-13. __. UK-9717 V-sen (2 Hours) [Total Marks : 60 N.B.: (1) Al questions are compulsory. (2) Figures to the right indicate full marks. L (a) Asa marketing manager of a leading Automot mix programme for the new cat. bile’company, develop amarketing 8 () Explain the features of Industrial marketing with suitable examples. 7 OR 1. (a) Is banking a service, do you agree? Justify. 8 (b) Define services. Discuss the categories of services by giving relevant examples. 7 2. (a) Whatare the different factors which influence buying behaviour of the consumers? 8 (bd) Whatrole does "Place" play in service marketing? 7 OR a How do insurance companies develop their marketing mix strategies? 1s 3 Explain the GAP modei of service quality and suggest prescriptions for closing 15, service Gaps OR 3. (@)_ Explain the benefits and limitations of online marketing. () Discuss the tools of integrated marketing communication mix. 4, Write short notes on any three of the following :- 15, (a) Classification of services (any two) (b) Goods v/s. Services (c) Buying roles (a) Post sales service strategies (e) Role of advertising in promoting education.01-11-2013-DTP-P-7-MU-1 Con, 6694-13. UK - 9720 (2 Hours) [ Total Marks : 60 (1) All questions are compulsory. (2) Figures to the right indicate full marks. 1. (a) Explain the factors that determine financial services to be in-house or outsourced. (b) Discuss the scope for Merchant Banking in India. 7 OR (©) What is Hire Purchase Agreement as per H.P.Act, 1972 and enumerate the contents 8 of hire purchase agreement. (@) Define Leasing and explain the different types of Lease contracts. 1 2. (a) Explain the stages involved in secking Venture Capital funding. 8 (b) What are the factors that should be considered before selecting and mutual fund. 7 oR (©) Define Internstional factoring and what are the benefits of such factoring. (@) Define securitisation and briefly explain the types of assets that are securitised. 7 3. (a) As an employee of a renowned Rating Agency, what steps will you suggest to 8 complete the process of credit rating. (b) Explain the financial features of credit card. 7 OR (©) Discuss the various kinds of financial derivatives and bring out 8 briet. (@ Discuss the SEBI guidetines for Venture Capital in India. 7 4, Write notes on the following:~ (Any three) 15 (a) Role of SPV (Special Purpose Vehicle) (b) Full Service Factoring (©) CRISIL (@ Debit CardAbr 30-10-2013-DTP-P-7-MU-7 Con, 6511-13. UK - 9723 (2 Hours) [ Total Marks : 60 N.B.: (1) All questions are compulsory. (2) Figures to the right indicate full marks. 1. (a) Discuss salient features of Bretton Woods agreement? 7 (b) Explain the origin, features and functions of International banking? 8 OR (a) Explain the guarantee facility extended by banks to its customers. 7 (b) Which are the different instruments for international payments? 8 2. (a) What is GDR and discuss the meghanics of GDR issue. 7 (b) Explain Purchasing Power Parity theory with exomples. 8 OR (a) What is Loan Syndication? What are the steps (Phases) involved in Loan 7 Syndication. (b) What are the various foreign exchange risks and discuss measures to mitigate 8 them? 3. (a) Calculate the rate of following curriencies against Indian Rupee :- c BID | Offer 1 USD INR 44-80 44-90 1 CAD USD 1-0230 | 1.0240 Canadian Dollar 1 SGD USD 0-8090 | 09-8100 Singapore Doilar 1 USD ZAR 6-7690 | 6-770 | South African Rand 1 USD | = | THB 30-28 39-29 Thai Baht Given :- USD/CAD 1-1620 Spot 8 USD/CAD 1-1640 3 month forward USD Interest Rate CAD Interest Rate a. Identify and calculate interest rate arbitrage. OR (@) Following quotes are provided by three different traders:— Trader A : 1-6818 - 28 USD per GBP ‘Trader B : 60025 - 29 SEK per USD Trader C ; 10,0800 - 06 SEK per GBP Establish if opportunity for arbitrage exists and if yes, calculate the profit on capital USD I million. _, oe. [ TURN OVER a30-10-2013-DTP-P-7-MU-8 Con. 6511-UK - 9723-13. 2 (b) On 8th September, an exporter tenders a demand bill for USD 100,000 drawn on Newyork. The rolling rates for US dollars in the inter bank market as under:— Spot USD1 = @ 49.3000/3500 Spot SEPT. = 6000/7000 ocT. 8000/9000 NOV. 1.0000/1000 ‘Transit period is 25 days. The Bank requires an exchange margin of 0.10%. Interest ‘on export finance is 10% p.a. The customer OPT to retain 15% of the proceeds in US dollar. What rupee amount will be credited to his account? 4, (a) Discuss the role of Exim bank in boosting exports of India. (b) What do you understand by Letter of Credit? What are the kinds of Letter of Credit issued by commercial banks? oR Write short notes on (any three) :~ (a) NRE AC (b) ECGC (©) Country Risk (d) Non-performing Assets (©) Indian GAAP vs US GAAP.Fer ne 34 Con. 6705-13. UK-9728 (2 Hours) [ Total Marks 60 N.B, (1) Attempt all questions. (2) Figures to the right indicate full marks. (3) Working notes should be part of your answer. (4) State assumptions clearly. (5) Use of simple calculator is allowed. 1, Following the following information, you are required to prepare a Balance Sheet in 15 horizontal from ~— Current Ratio 175 Acid Test Ratio 125 Stock Turn Over Ratio 9 times (based on closing stock) Gross Profit Ratio 25% Debtors collection period 1'5 months Reserves and Surplus to share capital 02 Cost of Goods sold to Fixed Asset 12 Capital Gearing Ratio 06 (Long Term Loans to Share Capital) Fixed Asset to share holders funds 1-25 Sales (Credit) % 6,00,000 Current Assets consist of Cash, Stock and Debtors only. ‘The company has not issued preference shares. There are no Bank O/D and Fictitious Asset. OR 1. Explain the foltowing Ratios (Any three) -— 15 (a) Dividend Pay-out Ratio (e) EPS (©) Creditors Payment Period (@) Stock Velocity (e) Proprietory Ratio. From the following information with Respect to Risk Absorber Insurance Company 15 Ltd. You are required to prepare Revenue A/c. for Fire Department for the year ended 3ist March, 2013 :— "Particular z Particular z Claims : ‘Commission on : Paid 15,00,000 | Direct Business 48,000 Payable as on : Reinsurance Ceded 12,000 1-04-2012 3,00,000 | Reinsurance Accepted 4,000 31-03-2013 4,50,000 | Management Expenses | 6,70,C00 Premium : Interest and Received 31,00,000 | Dividend (gross) 1,70,000 Paid on Reinsurance 1,50,000 | Legal Expenses Recovered on Reinsurance | 2,50,000 | _ regarding claims 50,000 [ TURN OVERmeres TD Con. 6705-UK-9728-13. 2 Reserve for Unexpired Risk was % 9,00,000 as on 1-4-2012. Create Reserve 50% of net premium as on 31st March, 2013. OR 2. Explain the following :-— 15 (a) Bonus to policy holder (b) Annuities (©) Reserve for Unexpired Risk. 3. Prepare Profit and Loss Statement of Currency Bank Ltd. for the year ended 15 31-3-2013 -— : Particular z Particular = Tinterest on Loan 26,60,000 | Interest on Fixed Deposit | 22,50,000 Rebate on Bill discounted (31-3-12}] 4,20,000 | Commission 1,12,000 Establishment charges 4,80,000 Discount on Bill Discounted | 16,38,000 intrest on Cash Credit 22,50,000 Interest on Current Account 7,50,000, Rent and Rates 2,50,000 Auditors fees 16,000, Directors fees 5,000 | Postage 12,000 Interest on Saving Account 7,16,000 | Printing and Stationary 22,000 ‘Sundry charges 26,000 Additional Ieformation = (1) Advances were irrecoverable to the extent of € 4,00,000. (2) Provision for tax to be made @ 40%, (3) Transfer 20% of the Profit to Statutory Reserve. (4) Rebate on bill discounted on 31st March, 2013 accounts to & 2,80,000. OR y 3. Explain the following :-— 15 (a) Acceptances, endorsements and other obligations, (©) Money at call and Short notice. (©) Various items to be recovered under schedule of contingent iiabilities. 4, Trial Balance of Hopeful Ltd. as on 31-03-2013 showed the following figures. Prepare 15 schedule of share capital and Reserves and Surplus. z Share Capital 10,00,009 Reserves and Surplus General Reserve 8,00,000 Dividend Equalisation Reserve 4,00,000 Profit / Loss A/c. 1,50,000 Securities Premium 50,000 Additional Information : (1) Authorised share capital of the company consists of 1,00,000 Equity Shares of % 10 each and 10,000, 8% preference shares of 100 each. (2) Company has issued 50% shares of each class. (3) Directors issued bonus shares to equity shareholders in the Ratio of 2: 1 by capitalising General Reserve for which no adjustments were made in books. OR [ TURN OVERsmksnand wry Con. 6705-UK-9728-13. 3 4, Write a short note on (any three) :-— 15, (a) Fictitious asset and intangible assets (b) Objectives of Financial Reporting (©) Contents of secured and unsecured loan as per Schedule VI (@) Cash Flow and Fund Flow Statements (e) AS-2 valuation of Inventories.{ £00 rab PERL Con. 6637-13. ere UK-9729 (2 Hours) [Total Marks : 60 : (1) All the questions are compulsory. Each question has option. : (2) Figures to the right indicate full marks. 10 i. (a) State with reasons whether the following statements are true or false— 1. (b) () (©) 2 (a) @ Gi) Gi) (iv) w) ‘The right to buy or sell a certain security within a certain time and at a certain price is called future contract. Secondary Market is the market for fresh issue of shares. ‘Beta measures the changes in stock prices in response to changes in interest rates. Ratio Analysis and Trend Analysis are the general tools used in Technical Analysis. ‘The Government of India set up RBI in 1988 for dealing with all matters relating to development and regulation of security market and investor protection. Give the full forms of the following:— wo Gi) Gi) (iv) w GDR NASDAQ IDBI PCD PPE. OR Explain various objectives of investments. Explain the importance of SEBI for protection of investors interest in investments. Explain the various benefits of portfolio management. In January, 2011, Mr. Mehta purchased the following 5 scrips the details of the serips were as follows:— Name of the|No. of | Purchase [Dividend | Market | Bonus Shares company | Shares Price Earned)» | Price recd. during purchased during the | on date | the year year 2011 | ofsale | (Ratio) | A Ltd. 100 230 400 250 = B Ltd. 150 200 300 20 | 13 Cid. 200 125 250 160 | [DLtd. 150 220 500 248 = BE Ltd, | 200 300 200 250 14 [ TURN OVER2nd Half-13(7)-PKL-20 Con. 6637-UK-9729-13, 2 (b) 2 (a) ) (e) 3 @ ‘Mr. Mehta paid brokerage of & 5,320 on purchase of shares. Mr. Mehta sold all his securities in January, 2012 by paying a brokerage of & 6,790. Calculate the Holding Period Retum on the investments of Mr. Mehta. A stock costing 120 pays no dividends. The possible prices that the stock may 7 attain under various economic conditions are given below with the respective probabilities Economic Condition’s | Possible Price 1 us 2 120 I UB 125 | 4 130 5 135 E 6 140 (@ Calculate the expected return. (ii) Calculate the Standard Deviation of the returns. OR Describe the key economic variables that an investor must monitor as part of his 5 fundamental analysis. Explain the need for Portfolio Revision. 5 Explain the various tools used in Portfolio Management for investment decesion 5 making, The Balance Sheets of two companies are given below:— 8 = = (@ in crores) Liabilities |A Ltd. |B Ltd. | Assets \A Ltd. B Ltd. Share Capital toc | 150 |Machinery 150 200 | 13% Debentures 50 | 100 [Debtors 30 70 Reserves and Surplus| 90 50 [Stock 100 190 Creditors 60 | 100 [Cash & Bank 20 30 300 | 400} 300 400 Additional information for the two companies are as follows:— : © in erores | © in erores Particulars ALtd. B Ltd. Sales 600 300 Cost of Goods Sold 400 | 350 Cther Operating Expenses 30 30 Interest Expenses 5 10 Income Tax 3 10 Dividend 10 30 [TURN OVERon, 6637-UK-9729-13. 3 Compare the wo companies based on the following required ratios~ (Return on Equity (ii) Current Ratio (iii) Debt Collection Period (Assume 360 days in a year) (iv) Dividend Payout Ratio (v)_ Baming per share. 3. (b) Suresh Can save & 50,000 a year for 5 years and % 80,000 a year for 10 years thereafter. What will be his savings accumulted at the end of 15 years if the rate of interest is 12 percent? (FVIFA@ 12% for 5 years is 6.3528 and FVIFA @ 12% for 10 years is 17.548). OR 3. (a) CAPM postulates the nature of the relationship between the expected return and the systematic risk of a security. Explain with assumptions if any. 3. (b) Explain the merits and demerits of technical analysis as a tool of security analysis. 4. (a) The following are the information about the Returns, Beta Coefficients and Standard Deviations ia the Portfolios given belo [ Port | Particulars [A B c Beta 1.10 0.8 14 Return (%) 24.5 21.25 29.75 SD.) (a ns [163 Risk free Rate of Return = 8% Market Retum = 12% Calculate— (i) Sharpes Performance Measure (ii) Treynors Performance Measure (iii) Jensen’s Differential Measure. 4, (b) Maxlife Ltd. paid dividend of © 1.92 per share. The forecast is that dividend will grow by 9 per cent per annum into the infinite future. If the required rate of return is 12% and the current market price of the company’s stock is € 80, find out the intrinsic vaiue of the companies share. Comment whether the stock is worth buying? OR 4. Write short notes on the following:— (a) Security Market Line (b) Efficient Market Theory (©) Option Trading. 15La2-DaDae st Con, 6365-13. UK-9733 (2 Hours) [Total Marks : 60 + (1) All questions are compulsory. (2) Figures to the right indicate fel! marks. 1. Attempt any three out of five:— (a) Distinguish between ‘Report’ and ‘Certificate’. (>) Meaning of Corporate Governance and its importance. (©) Basic Principles Governing an Audit (AAS-1). (@ Due Diligence Audit. (©) Removal of Company Auditor. wanna 2. (a) Draft a detailed audit plan for verification of Deposits for a nationalised bank.- 8 oR (p) Explain the audit procedure for verifying borrowings made by banks. 8 (b) Expiain the audit procedure for verifying to insurance inward and outward of an~ 7 insurance company. OR (q) Write a note on Comptroller and Auditor General of India and explain its duties. 7 3. (a) What is meant by Professional Misconduct as per Chartered Accountants Act, 1949? 8 Explain any four clauses. oR (p) Differentiate between internal and External Audit. ~ 8 (b) Enumerate the rights and duties of a Company Auditor under Companies Act 1956.- 7 OR (@ How would you vouch Cash Sale of a company? Explain. 7 4. Write short notes on (Any three out of fiv (a) Window Dressing. (6) Social Audit. (©) Long Form Audit Report. (@ Qualifications and Disqualifications of Company Auditor. (e) Mr. Black is a CA representing his client in an INCOME tax appeal. He has quoted a flat fee of 15% of expected relief to client as a result of the appeal. Comment on the same. wanna