PG–641 MCO–21

M.Com. DEGREE EXAMINATION —

DECEMBER, 2019.
Second Year
FINANCIAL MANAGEMENT
Time : 3 hours Maximum marks : 75
SECTION A — (3  5 = 15 marks)
Answer any THREE questions.
1. Define Financial Management? Explain the scope
of Financial Management?
{v {ºÁõP® Áøμ¯Ö. {v {ºÁõPzvß ÷|õUPzøu
ÂÍUS?
2. Explain the advantages of having adequate
working capital.
÷£õx©õÚ ‰»uÚzøu öPõsi¸¨£uß |ßø©PÒ
¯õøÁ?
3. Write a short note on Net Income Approach.
{Pμ Á¸©õÚ AqS•øÓ SÔzx J¸ ]Ö SÔ¨ø£
GÊxP.
4. A project costs Rs.20 lakhs and yields annually a
profit of Rs.3 lakhs after depreciation at 12.5% but
before tax at 50%. Calculate pay back period.
J¸ vmhzvØS ¹. 20 C»m\® ö\»ÁõQÓx, ©ØÖ®
BskUS (12.5 % ÷u´©õÚzvØS ¤ÓS 50% Á›US
•ßÚõÀ) C»õ£® ¹. 3 C»m\®. Cuß Ai¨£øh°À
v¸¨¤ ö\¾zx® Põ»zøu PnUQk.
5. The earnings per share of WickMayer Ltd. are
Rs.12. The rate of capitalization is 15% and the
rate of return on investment is 9%.
Compute the market price per share using
Walter’s formula if the dividend payout is (a) 25%
(b) 50%.
ÂU÷©¯º ¼ªöhm {ÖÁÚzvß J¸ £[Qß Á¸Áõ´
¹. 12. ‰»uÚ©¯©õUPÀ Ãu® 15% ©ØÖ® •u½miß
Á¸Áõ´ Ãu® 9% BS®.
DÄzöuõøP ö\¾zxuÀ (A) 25% (B) 50% GßÓõÀ
ÁõÀh›ß `zvμzøu £¯ß£kzv J¸ £[QØPõÚ
\¢øu Âø»ø¯ PnUQkP.
SECTION B — (4 × 15 = 60 marks)
Answer any FOUR questions.
6. Discuss in detail the significance of Financial
planning?
{v vmhzvß •UQ¯zxÁzøu ›ÁõP ÂÁõv.
7. Lissa Metals Ltd. is considering two different
investment proposals X and Y. The details are as
under:
Particulars Proposal X Proposal Y
(Rs.) (Rs.)
Investment at Cost 1,90,000 4,00,000
CFAT (cash inflows before 80,000 1,60,000
depreciation and after tax)
Year 1
Year 2 80,000 1,60,000
Year 3 90,000 2,40,000
Suggest the most attractive proposal on the basis
of NPVA method considering the further incomes
are discounted @ 12%.
2 PG–641
 ¼\õ ö©mhÀì ¼ªöhm Cμsk öÁÆ÷ÁÖ •u½mk
vmh[PøÍ £›^¼zx Á¸QÓx. X ©ØÖ® Y
ÂÁμ[PÒ ¤ßÁ¸©õÖ.
ÂÁμ® vmh® X vmh® Y
(¹.) (¹.)
•u½k 1,90,000 4,00,000
CFAT (÷u´©õÚzvØS •ß¦® 80,000 1,60,000
Á›US ¤ßÚ¸® £n¦ÇUP®)
Bsk 1
Bsk 2 80,000 1,60,000
Bsk 3 90,000 2,40,000

{Pμ ©v¨¤À uÒУi 12% C¸¢uõÀ G¢u vmh®

ö£õ¸zu©õP C¸US® GÚ ÷uº¢öukzx GÊxP.

8. Malaiya Ltd., issued 60,000 15% irredeemable

preference shares of Rs.100 each. The issue
expenses were Rs.60,000. Determine the cost of
preference capital if shares are issued
(a) At par
(b) At a premium of 10%
(c) At a Discount of 5%.
©ø»¯õ ¼ªöhm, u»õ ¹. 100 Ãu® 60,000 15%
©ÖUP •i¯õu •ßÝ›ø© £[SPøÍ öÁΰmhx.
öÁαmk ö\»ÄPÒ ¹. 60,000. £[SPÒ
ÁÇ[P¨£mhõÀ •ßÝ›ø© ‰»uÚzvß Âø»ø¯
wº©õÛUPÄ®.
(A) Cøn¯õÚ Âø»°À
(B) 10% ¤Ÿª¯zvÀ
(C) 5% uÒУi°À.

3 PG–641
9. Explain the different sources of financing working
capital requirement of a firm.
J¸ {ÖÁÚzvß £o ‰»uÚz ÷uøÁUS
{v¯ÎUS® £À÷ÁÖ Buõμ[PøÍ ÂÍUS.

10. The earnings per share of Nadal Ltd., are Rs.15

and the rate of capitalization applicable to the
company is 12%. The productivity of earnings (r) is
12%.
Compute the market value of the company’s share
if the payout is
(a) 20% (b) 50% (c) 70%.
|hõÀ ¼ªöhm {ÖÁÚzvß J¸ £[Qß Á¸Áõ´ ¹.
15 ©ØÖ® {ÖÁÚzvØS ö£õ¸¢u Ti¯ ‰»uÚ
ÂQu® 12% BS®. Á¸Áõ°ß EØ£zv vÓß (r) 12%
BS®.
RÌPõq® •øÓ°À £n® ö\»zxuÀ GßÓõÀ
{ÖÁÚzvß £[Qß \¢øu ©v¨ø£ PnUQk.
(A) 20% (B) 50% (C) 70%

11. Explain the different types of leverages.

£À÷ÁÖ ÁøP¯õÚ A¢{¯ ö\»Áõo EzvPøÍ
ÂÁ›.

12. Describe the different techniques of Inventory

Management.
\μUS {ºÁõPzvß öÁÆ÷ÁÖ ~m£[PøÍ
ÂÁ›UPÄ®.
——–––––––––

4 PG–641
 PG–642 MCO–22

M.Com. EXAMINATION —
DECEMBER, 2019.
Second Year

SECURITY ANALYSIS AND PORTFOLIO

MANAGEMENT
Time : 3 hours Maximum marks : 75

PART A — (3  5 = 15 marks)

Answer any THREE questions.

1. Explain the objectives of an Investment

Programme.
•u½k vmhzvß SÔU÷PõÒPøÍ ÂÍUS.

2. What is Underwriting? Explain the different

methods of underwriting.
GÊzxÖv GßÓõÀ GßÚ? GÊzxÖv AÎUS®
öÁÆ÷ÁÖ •øÓPøÍ ÂÍUSP.

3. Discuss the assumptions of technical analysis.

öuõÈÀ ~m£ £S¨£õ´Âß AÝ©õÚ[PøÍ £ØÔ
ÂÁõvUPÄ®.
4. Write a short note on Unsystematic risk.
•øÓ¯ØÓ B£zx SÔzx J¸ ]Ö SÔ¨ø£ ÁøμP.
5. Differentiate between CAPM and APT.
CAPM ©ØÖ® APT & US EÒÍ ÷ÁÖ£õkPÒ ¯õøÁ.

PART B — (4  15 = 60 marks)
Answer any FOUR questions.
6. Discuss the different techniques for evaluation of
portfolio performance.
÷\øÁ ÷©»õsø©°ß ö\¯ÀvÓøÚ
©v¨¤kÁuØPõÚ öÁÆ÷ÁÖ ~m£[PÒ ¯õøÁ?
7. Discuss Markowitz model of portfolio
management.
÷£õÀõmL÷£õ¼÷¯õ {ºÁõPzvß ©õºU÷PõÂmì
©õv›ø¯ £ØÔ ÂÁ›?
8. Putforth the various criticism of Efficient Market
Hypothesis.
vÓø©¯õÚ \¢øu P¸x÷PõÎß £À÷ÁÖ
©º\Ú[PÒ GßÚ?
9. Explain the different methods of floating new
issues in primary market.
•ußø© \¢øu°À ¦v¯ £[SPøÍ öÁΰk®
£À÷ÁÖ •øÓPøÍ ÂÁ›.

2 PG–642
10. Describe the essential features of an Investment
Programme.
•u½k vmhzvß Azv¯õÁ]¯ A®\[PÒ ¯õøÁ?

11. Discuss the different types of Mutual Fund.

£À÷ÁÖ ÁøP¯õÚ ª³a_ÁÀ L£søh £ØÔ GÊx.

12. What is listing? Explain the advantages and

disadvantages of listing of securities?
£mi¯À GßÓõÀ GßÚ? £zvμ[PøÍ £mi°kÁuß
|ßø©PÒ ©ØÖ® wø©PÒ £ØÔ GÊx?

——–––––––––

3 PG–642
 PG–643 MCO–23

M.Com. DEGREE EXAMINATION –

DECEMBER, 2019.
Second Year

INTERNATIONAL MARKETING

Time : 3 hours Maximum marks : 75

PART A — (3 × 5 = 15 marks)

Answer any THREE questions.

1. Write about the ‘EXIM’ policy of India.

C¢v¯õÂß HØÖ©v&CÓUS©v öPõUøPø¯ ÂÁ›.

2. Define International marketing. Explain its scope.

£ßÚõmk \¢øu°hø» Áøμ¯Ö. Auß
£μ¨ö£Àø»ø¯ ÂÍUSP.

3. Explain the concept of International Marketing

Research.
£ßÚõmk \¢øu°køP Bμõ´a] £ØÔ ÂÍUSP.
4. How can be the channels of distribution selected
for international marketing?
£ßÚõmk Áõo£[PÎÀ ÁÇ[PÒ ÁÈPÒ GÆÁõÖ
÷uº¢öukUP¨£kQÓx Gߣøu ÂÁ›.

5. Write about the political environment of

international marketing.
£ßÚõmk \¢øu°h¼ß Aμ]¯À _ØÖ`ÇÀ £ØÔ
SÔ¨¦ ÁøμP.

PART B — (4 × 15 = 60 marks)

Answer any FOUR questions.

6. Elaborately write about the advertising and other

forms of sales promotions in international
marketing.
£ßÚõmk \¢øu°h¼À ÂÍ®£μ® ©ØÖ® Cuμ
ÂØ£øÚ ö£¸UP •øÓPøÍ ÂÍUSP.

7. Describe the process of international marketing

planning and control.
£ßÚõmk \¢øu°h¼À, vmhªkuÀ ©ØÖ®
Pmk¨£õkPÒ £ØÔ ÂÍUSP.

8. Write an overview of India’s Foreign Trade.

C¢v¯õÂß £ßÚõmk ÁoP® £ØÔ ÂÁ›UPÄ®.

2 PG–643
9. Differentiate between the international marketing
and domestic marketing.
£ßÚõmk \¢øu°hÀ ©ØÖ® EÒ|õmk \¢øu°hÀ
BQ¯øÁPÎß ÷ÁÖ£õkPøÍ ÁøμP.

10. Write about the growth and development of Indian

foreign trade after globalisation.
E»P©¯©õUSÁuØS ¤ß C¢v¯õÂß £ßÚõmk
ÁºzuPzvÀ HØ£mkÒÍ Áͺa] ©ØÖ®
•ß÷ÚØÓzvøÚ £ØÔ GÊxP.

11. Explain the benefits of international marketing in

detail.
£ßÚõmk \¢øu°h¼ß |ßø©Pøͨ £ØÔ ÂÍUSP.

12. Elaborate the procedure for executing an export

order and export documentation.
HØÖ©v Bºhº ©ØÖ® HØÖ©v BÁn[PøÍ
ö\¯À•øÓ£kzx® •øÓPøÍ ÂÁ›.

–––––––––––––

3 PG–643
 PG–644 MCO–24

M.Com. DEGREE EXAMINATION —

DECEMBER, 2019.
Second Year

HUMAN RESOURCES MANAGEMENT

Time : 3 hours Maximum marks : 75

PART A — (3  5 = 15 marks)

Answer any THREE questions.

1. Define human resources management. Explain its

characteristics.
©ÛuÁÍ ÷©»õsø© GßÓõÀ GßÚ? Auß
C¯À¦PøÍ ÂÍUSP.

2. What are the sources of man power recruitment?

©Ûu \Uv Bm÷\º¨¦ Buõμ[PÒ ¯õøÁ?

3. Describe the importance of collective bargaining.

Tmk ÷£μzvß •UQ¯zxÁzøu ÂÍUSP.
4. Write down the merits and demerits of
performance appraisal.
ö\¯À•øÓ ©v¨¥miß |ßø©PÒ ©ØÖ® wø©PøÍ
GÊxP.

5. Explain the objectives of job evaluation.

£o ©v¨¥miß ÷|õUP[PøÍ ÂÍUSP.

PART B — (4 × 15 = 60 marks)

Answer any FOUR questions.

6. Explain in detail the methods of training.

£°Ø]°ß •øÓPøÍ Â›ÁõP ÂÍUSP.

7. What are the functions of a trade union?

J¸ öuõÈØ\[Pzvß £oPÒ ¯õøÁ?

8. What is human resources planning? Explain its

advantages and disadvantages.
©ÛuÁÍ vmhªkuÀ GßÓõÀ GßÚ? Auß
|ßø©PÒ ©ØÖ® wø©PøÍ £mi¯¼kP.

9. Explain the various stages involved in selection

process.
÷uº¢öukzu¼À EÒÍ £À÷ÁÖ vmh[PøÍ
ÂÍUSP.

2 PG–644
10. What are the various methods of motivation?
Explain them in detail.
£À÷ÁÖ ö\¯¿UP® AÎUS® •øÓPøÍ ÂÍUSP.

11. Explain the factors affecting remuneration levels.

Fv¯ {ø»PøÍ £õvUS® £À÷ÁÖ PõμoPøÍ
ÂÍUSP.

12. Define worker’s participation in management.

Explain its objectives of importance.
£[÷Pئ GßÓõÀ GßÚ? Auß ÷|õUP[PøͲ®,
•UQ¯zxÁzøu²® ÂÁ›.

——————

3 PG–644
 PG–645 MCO–25

M.Com. DEGREE EXAMINATION —

DECEMBER, 2019.
Second Year

INTERNATIONAL BANKING AND FOREIGN

EXCHANGE
Time : Three hours Maximum marks : 75

PART A — (3  5 = 15 marks)
Answer any THREE questions. All questions carry
equal marks.
1. What is international finance?
\º-Á-÷u\ {v Gß-ÓõÀ Gß-Ú?
2. Write a short note (a) Options and (b) Futures.
]Ö SÔ¨¦ ÁøμP (A) Áõ´¨-¦-PÒ ©Ø-Ö® (B) Gvº-
Põ-»®.
3. What are commercial papers?
ÁoP BÁ-n[-PÒ Gß-ÓõÀ Gß-Ú?
4. What are yield objectives?
ÂøÍa-\À SÔU-÷PõÒ-PÒ Gß-ÓõÀ Gß-Ú?
5. What do you mean by Foreign exchange
revaluations?
A¢-{¯ ö\»-Áõo ©v¨-¥-k-PÒ Gß-ÓõÀ Gß-Ú?
PART B — (4  15 = 60 marks)
Answer any FOUR questions. All questions carry equal
marks.
6. Define liberalized exchange rate management
system. What are its features?
uͺz-u¨-£m-kÒÍ ©õØÖ ÂQu ÷©»õsø© Aø©¨¦
C»U-P-n® u¸-P. Auß uß-ø©-PÒ ¯õ-øÁ?
7. Explain the pricing and marketing of syndicated
loans.
Bm-]U SÊ-P-h-Ûß Âø»-°-¯À ©Ø-Ö® \¢-øu-°-¯À
ÂÁ-›.
8. Briefly explain financial investment techniques.
{v •u-½-k öuõ-ÈÀ ~m-£[-PÒ £ØÔ _¸U-P-©õP ÂÁ-›.
9. Explain the term International banking market.
What are its features?
\º-Á-÷u\ Á[-Q-°-¯À \¢-øu¨-£ØÔ ÂÁ-›. Auß
uß-ø©-PÒ ¯õ-øÁ?
10. Discuss the criteria for ranking and rating
agencies.
uμ-Á-›ø\ ©Ø-Ö® ©v¨-¥k •P-Áº-P-Îß Ai¨-£-øh¨
£ØÔ ÂÁõ-v.
2 PG – 645
11. Discuss about the meaning and objectives of
international finance.
\º-Á-÷u\ {v-°ß Aºz-u® ©Ø-Ö® SÔU-÷PõÒ-PÒ £ØÔ
ÂÁõ-v.

12. Explain the various export promotion schemes

available in India.
C¢-v-¯õ-Âß £À-÷ÁÖ HØ-Ö-©v FU-S-¨¦
vm-h[-PøÍ £ØÔ ÂÁ-›.

——–––––––––

3 PG – 645