MBGN 4001/FM 4001/IN 4001

M.B.A. DEGREE EXAMINATION, AUGUST 2021.

Fourth Semester

General (Common)

INVESTMENT AND PORTFOLIO MANAGEMENT

Time : Three hours Maximum : 100 marks

6 = 30 marks)

Answer any FIVE questions

1. Distinguish between speculation and gambling.

2. Why should real estate Investment analysis start

with their definition of objectives?

3. Discuss about industrial growth cycle.

4. State the significance and interpretation of the

economic indicators.

5. Why does weak form of the EMH cost doubt in

technical analysis? Explain.

6. Does the random walk theory suggest the security

price levels are random? Explain.
7. What are the strength and weakness of the
Markowitz approach?

8. Under the CAPM, what is the efficiency set called?

If there is buying and selling of the risk-free
assets, what happens to the efficient set?

10 = 50 marks)

Answer any FIVE questions

9. Explain the various schemes of LIC.

10. What are the different types of bonds? Explain

11. Discuss the recent changes in the financial pattern

of Indian companies.

12. Why accounting policies and profitability are

important in fundamental security analysis?
Explain.

13. Explain in detail the Dow Theory and how it

might be used to determine the direction of the
stock market.

14. How various types of chart used by the chartists to

predict the prices and volumes for their analysis of
the stock market and individual market? Explain.

2 MBGN 4001/
FM 4001/IN 4001
15. Carefully explain the relationship between the
single index model and the Markowitz model of
portfolio theory. How many different terms must
be calculated in a Portfolio consisting of securities
using the Markowiti model and the single index
model?

16. Critically examine the

20 = 20 marks)

Answer the following question:

17. Two portfolio managers are discussing modern

portfolio theory. Manager A states that the
objective of marketing portfolio analysis is to
construct a Portfolio that maximize expected
return for a given level of risk. Manager
B disagrees. He believes that the objective is to
contract a port folio that minimizes risk for given
level of Return. Which portfolio manager is
correct? Give reasons.

3 MBGN 4001/
FM 4001/IN 4001