Signature and Name of Invigilator

Roll No.

1. (Signature) __________________________
(Name) ____________________________
2. (Signature) __________________________
(Name) ____________________________

(In figures as per admission card)

Roll No.____________________________
(In words)

Test Booklet No.

D-0809
Time : 2 1/2 hours]

PAPER-III
COMMERCE

Number of Pages in this Booklet : 40

Instructions for the Candidates

1. Write your roll number in the space provided on the top
of this page.
2. Answer to short answer/essay type questions are to be
given in the space provided below each question or
after the questions in the Test Booklet itself.
No Additional Sheets are to be used.
3. At the commencement of examination, the question
booklet will be given to you. In the first 5 minutes, you
are requested to open the booklet and compulsorily
examine it as below :
(i) To have access to the Question Booklet, tear off the
paper seal on the edge of this cover page. Do not
accept a booklet without sticker-seal and do not
accept an open booklet.
(ii) Tally the number of pages and number of questions
in the booklet with the information printed on the
cover page. Faulty booklets due to pages/questions
missing or duplicate or not in serial order or any
other discrepancy should be got replaced
immediately by a correct booklet from the
invigilator within the period of 5 minutes.
Afterwards, neither the Question Booklet will be
replaced nor any extra time will be given.
4. Read instructions given inside carefully.
5. One page is attached for Rough Work at the end of the
booklet before the Evaluation Sheet.
6. If you write your name or put any mark on any part of
the Answer Sheet, except for the space allotted for the
relevant entries, which may disclose your identity, you
will render yourself liable to disqualification.
7. You have to return the test booklet to the invigilators at
the end of the examination compulsorily and must not
carry it with you outside the Examination Hall.
8. Use only Blue/Black Ball point pen.
9. Use of any calculator or log table etc., is prohibited.

D-0809

[Maximum Marks : 200

Number of Questions in this Booklet : 26

1.
2. ,


3. , -
-
:
(i) -
-

(ii) -

/


-
-

4.
5. - (Rough Work)

6. -
,

7. -


8. /
9. ()

P.T.O.

COMMERCE


Paper-III

-III
Note : This paper is of two hundred (200) marks containing four (4) sections. Candidates
are required to attempt the questions contained in these sections according to the
detailed instructions given therein.

: (200) (4) 
$ $

Paper-III

D-0809

SECTION - I

 - I
This section contains five (5) questions based on the following paragraph. Each
question should be answered in about thirty (30) words and carries five (5) marks.
(5 5 = 25 Marks)

  (5) $$ (30)
. (5)
(5 5 = 25 &)
Infosys Technologies Ltd. said that it is buying UK based SAP consulting
company Axon Group Plc for 407.1 million or Rs. 3310 crore, in an all cash deal to
strengthen its SAP services offering. Interestingly, the cost of acquisition is roughly
twice the Axons 2007 revenues, though typical transactions in IT services space
equate the cost of acquisition to the annual revenues. Axon would be delisted from
the London Stock Exchange, once the deal is completed.

$ (SAP)
407.1 3310 SAP
  2007
$ $K
$
1.

What do you mean by mergers and acquisitions ?

$K ?
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D-0809

Paper-III

2.

How is fair value determined in acquisition ?

$K K ?

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3.

What is delisting of a company ?

$ ?

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D-0809

4.

What is the method of price discovery of a share of delisted company ?

$- K ?

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5.

Why do companies seek listing of shares ?

K ?
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D-0809

Paper-III

SECTION-II

 - II
Note : This section contains fifteen (15) questions, each to be answered in about thirty (30)
words. Each question carries five (5) marks.
(15 5 = 75 Marks)

:  - (5-5) (15) $$ (30)

.
(15 5 = 75 &)
6.

Explain value of equity according to Gordan.

$ ?
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7.

What is material mixture variance ?

$ K ?
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D-0809

8.

What is multipoint break-even point ?

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9.

Discuss in detail three applications of Chi-square test.

- $ 

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D-0809
7
Paper-III

10.

Given the following data :

Variance of x = 9
Regression equations are
4x 5y + 33 = 0
20x 9y 107 = 0
Find (i) Mean of x & y
(ii) Correlation coefficient of x & y

$
(i) x y
(ii) x y $K
x K = 9
K :
4x 5y + 33 = 0
20x 9y 107 = 0

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Paper-III

D-0809

11.

What are the main objectives of Eleventh Five Year Plan ?

$  ?
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12.

Explain the trends of industrial growth in India during the last decade.

$ 
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D-0809

Paper-III

13.

What do you understand by Marketing Planning ?

K ?
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14.

Distinguish between Normative and Positive approach to Business Economics.

K
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10

D-0809

15.

Distinguish between law of variable proportion and return to scale.

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16.

Define Training and Development and bring out the differences between them.

.K
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D-0809

11

Paper-III

17.

What is Matrix Organization ?

$ ?
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18.

What is grand strategy and functional strategy ?

?
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12

D-0809

19.

What is the importance of Internet Banking ?

K $ ?
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20.

Give a brief outline of the W.T.O. structure.

. . . . 
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D-0809

13

Paper-III

SECTION III

 - III
This section contains five (5) questions from each of the electives/specialisations. The
candidate has to choose only one elective/specialisation and answer all the five questions
from it. Each question carries twelve (12) marks and is to be answered in about two hundred
(200) words.
(5 12 = 60 marks)

K / (5) & /
(12) $$
(200) .
(5 12 = 60 &)
ELECTIVE I
& I
(Accounting & Finance)

(& )
21.

Explain the Lev and Schwartz model of Human Asset Valuation.


22.

Indian capital market is influenced by commodities market. Explain.

K 
23.

Why do we need to assume that returns are normally distributed and shareholders are
risk-averse ?

 ?
24.

Mergers and Acquisitions suffer from managerial hubris. Comment.

$K K

25.

What is real option ? Explain the method hedging of risk.

? 
OR /

Paper-III

14

D-0809

ELECTIVE II

& - II
(Marketing)
()
21.

Explain various dimensions of Holistic Marketing Concept.

$ K K K
22.

Explain how a firms pricing objective may influence the promotional programme for
a product.

-K . ?

23.

The use of public warehouse facilities makes it possible for manufacturers to

byepass wholesalers in their channels of distribution. Explain.

K-$ $ K -
K

24.

Write a note on the legal aspects of marketing in India.

K . K 
25.

Explain the steps involved in Consumer Buying-Decision Process. How the

knowledge of this process is useful to marketing organisations ?

-K K K K $
?
OR /
ELECTIVE III

& - III
(Human Resource Management)

( )
21.

Define Human Resource Management. Discuss its operative functions.



22.

Briefly discuss various steps involved in Human Resource Planning.

K . 

D-0809

15

Paper-III

23.

Examine the significance of wage and salary administration and explain the principles
which guide the wage administration.

$
K
24.

Explain the following training methods :

Vestibule Training, In-Basket Exercise and Role playing.

 .K K :
.K, .K .K
25.

What is Morale ? Explain the relation between Morale and Productivity.

? K
OR /
ELECTIVE IV

& - IV
(International Business)

( )
21.

Critically examine the role of Foreign Investment Institutions in Indian Economy.

22.

What were the reasons for the failure of July 2008 WTO Summit ? What are the main
issues which was raised by G-33 countries ?

, 2008 $ ( ) K ? -33
 $ ?

23.

Define Foreign Exchange Risk. Discuss the steps initiated by the Govt. of India in
preventing Foreign Exchange Risks in recent times.

 
$ 
Paper-III

16

D-0809

24.

Write the main provisions of recent comprehensive Economic Partnership Agreement

between India-Sri Lanka.

- $  

25.

Differentiate between Current and Capital Accounts.

 
OR /
ELECTIVE V

&-V
(Income Tax Law and Tax Planning)

(& & )
21.

State the rules with regard to revision of an assessment order by CIT.

K
22.

Ownership itself is the criteria for assessment under the head Income from house
property. Discuss.
$ K 

23.

Loss can be carried forward only by the person, who has incurred the loss. Discuss.
, $ 

24.

Who has the power to collect information for the income-tax purpose ?

$ ?
25.

Explain principles of valuation of fringe benefit ?

$ 
D-0809

17

Paper-III

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18

D-0809

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D-0809

19

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20

D-0809

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D-0809

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22

D-0809

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24

D-0809

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D-0809

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26

D-0809

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D-0809

SECTION IV

 - IV
This section consists of one essay type question of forty (40) marks to be answered in about
one thousand (1000) words on any one of the following topics.
(1 40 = 40 marks)

K (40)  & ,
$$ & (1000) .
(1 40 = 40 &)
26.

What is the difference between value of an ungeared and a geared firm according to
Modigliani and Miller assuming the role of taxation ?

 $ K $ K
?
OR/
Critically examine the functioning of EXIM Bank.

- .K
OR/
While explaining the characteristics of each stage of Product Life Cycle, discuss the
strategies that can be formulated for the management of different stages of Product
Life Cycle.

- K K  K K
OR/
Explain the meaning, objectives and nature of workers participation in Management
and bring out the salient features of the Government policy towards the workers
participation in Management in India.

$ , 
$ $  .K 
OR/
Examine the liability of fringe benefit tax in respect of the following items of
expenditure incurred by a private limited company.
(i)
transport allowance paid to employees exempt u/s 10(14) of the Income Tax
Act.
(ii)
expenditure on the conference of dealers.
(iii) free medical samples distributed to the doctors by its pharmaceutical
manufacturing unit.

 $  $-

(i) - 10(14) $ -
(ii) $ 
(iii) -K
D-0809

29

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D-0809

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34

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35

Paper-III

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36

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37

Paper-III

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38

D-0809

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D-0809

39

Paper-III

FOR OFFICE USE ONLY

Marks Obtained
Marks
Obtained

Question
Number
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26

Total Marks Obtained (in words) ...........................................

(in figures) ..........................................
Signature & Name of the Coordinator ...................................
(Evaluation)
D-0809

Date .........................
40