BCom In Accounting & Finance (BCAF) SEM I 2016 2017 March 2017 FYBAF SEM I F Question Paper - Mumbai University | munotes

Questions asked in this paper

• 2) Figures to the right indicate full marks

1. Q1 A) Choose the correct alternative : (any eight) 8 marks
2. Q2 Hinayana & Mahayana are the two major schools of thought in
3. Q3 Mental retardation means when Intelligence Quotient score is below
4. Q4 Deficiency of Vitamin ; may cause blindness
5. Q5 is a solution to Communalism
6. Q6 Caste system is a form of stratification
7. Q7 As per Article 168 of the Indian Constitution the houses of State legislature can be
8. Q8 According to the Indian Constitution there are types of emergency
9. Q9 According, to the Amendment Act of Indian Constitution the provisions related 10). party State whether the following statements are True or False: (any seven) 07 The eight fold path was given by Lord Buddha Cataract is not related to blindness
10. Q5 The Indian Constitution has not taken efforts to prevent economic and caste
11. Q6 In Hinduism there are five varnas
12. Q7 26 November is observed as the Constitution day
13. Q8 Dr. B.R. Ambedkar is the chief architect of the Indian Constitution. I
14. Q9 There is 100% political participation of women in India
15. Q10 Defections is a major problem for all political parties-in India
16. Q2 Enlist & explain the socio-economic problems, faced by women in India
17. Q2 Discuss in detail the probiems faced by Socially Handicapped Persons
18. Q3 What are the measures to overcome the problems of communalism in India
19. Q3 Discuss the problems of regionalism,
20. Q4 Explain tolerance and Communal harmony as crucial values in Indian Society
21. Q4 Explain the bastc-features of Indian Constitution 5, Bring out the role and significance of women in politics
22. Q5 Write short notes on (any three)
    • a) “Tribal characteristics Status of the vedie period
    • d) Fundamental duties of Indian Citizens Political:party system in India:
    • Q.P. Code : 00485 [Time: Hours] [Marks;75] Please check whether you have got the right question paper
    • N.B: 1. All questions are compulsory
23. Q2 Figures to the right indicate full marks
24. Q3 Draw neat and clean diagram wherever necessary
    • a. State whether the following statement are True or False. (Any 8) 8
25. Q1 External environment is uncontrollable 15 2. Business and objectives are dependent on eachother
26. Q3 Unethical practices are accepted in the 15 4. Entrepreneurs are important for social economic development.
27. Q5 Consumerism creates awareness among the consumers regarding their rights and responsibilities Environment day is celebrated on June 15 8. WTO was replaced by GATT
28. Q9 Export promotion is possible through. FDI 15 10, Tax evasion is social responsibility towards consumers,
29. Q1 b. Match the following: (Any 7) 7 marks
30. Q5 infrastructure | 100% Carbon Credit F. | Investment above Rs.10 lakhs and upto Going Global Traded on Multi Commodity Exchange State H. | Proper Wages and Salary Unethical Practices Research and Development
    • Q.P, Code : 00485
31. Q2 a. State various objectives of business. Explain any one in detail
    • b. Discuss the guidelines in formulating business objectives,
32. Q2 c. Explain benefits and limitation of environmental scanning
    • d. Describe features of business environment
33. Q3 a. in brief the concept of ethical dilemma
    • b. Explain the features of MSMEL Act, 2006, M2 Discuss the reasons for slow growth of consumerism in India d, Enumerate the features of corporate governance
34. Q4 a. Explain the arguments for social responsibility of business,
    • b. Write a detailed note on corporate culture
35. Q4 c. Discuss the measure for ecological consciousness at business level
    • a. State and explain the features of social audit
36. Q5 a strategies for going global. Explain any one strategy in brief
    • b. Discuss the merits of MNC’s
37. Q5 Write short (Any 3)
    • i. Ethical Climate
    • iv. Balance of Trade Positive Implication of
    • Q.P. Code : 00485 Please check whether you have got the right question paper
    • (08) N.B; 1. All questions are compulsory
    • (07) 2. Figures to the right indicate full marks
38. Q3 neat and clean diagram wherever necessary
    • (07) Q.1 a. State whether the following are True or False. (Any 8) 8
39. Q1 External environment is uncontrollable
40. Q2 Business and objectives are dependent on each other
    • (07) 3. Unethical practices are accepted in the society
    • (08) 4. Entrepreneurs are important for social economic development
    • (07) 5. Consumerism creates awareness among the consumers regarding their rights and responsibilities 7, World Environment day is celebrated on June
41. Q8 WTO was replaced by GATT,
    • (08) 9, Export promotion is possible through FDI
    • (07) 10. Tax evasion is social responsibility towards consumers
42. Q1 b. Match the following: (Any 7) 7 marks
43. Q1 Technological Environment A. | Investment above Rs.25 lakhs and upto Carbon Credit F. | Investment above Rs.10 lakhs and upto Going Global Traded on Multi Commodity Exchange “State Consumer Redressal H. | Proper Wages and Salary ‘Unethical Practices Research and Development
    • Q.P. Code : 00485
44. Q2 a. State various objectives of business. Explain any one in detail. { Discuss the guidelines in formulating business objectives. {
45. Q2 c. Explain benefits and limitation of environmental scanning. {
    • d. Describe features of business environment. {
46. Q3 a. Explain in brief the concept of ethical dilemma. {
    • b. Explain the features of MSMED Act, 2006. (
47. Q3 c. Discuss the reasons for slow growth of consumerism in India
    • d. Enumerate the features of corporate governance. (
48. Q4 a. Explain the arguments for social responsibility. of business. (
    • b. Write a detailed note on corporate culture Distuss the measure for ecological consciousness at business level State and explain the features of social audit
49. Q5 a, Explain the strategies for going global. Explain any one strategy in brief b, Discuss the merits of MNC’s,
    • Q.s Write short notes on: (Any 3) (15
    • i. Ethical Climate
    • iv. Balance of Trade
    • v. Positive Implication of FDI
    • Q.P. Code : 00783 Please check whether you have got the right question paper
    • N.B: 1. All questions are Copmpulsory
50. Q2 Figures to the right indicate full marks
51. Q1 a) State whether the following statements are True or False. (Any Eight) 8 marks
52. Q1 Opportunity costs arise becafise resources are unlimited
53. Q2 An exogenous variable is within an economic model
54. Q3 Income elasticity of demand for normal goods is negative,
55. Q4 The Delphi method uses time series data
56. Q5 Average cost increase due to increasing return to scale
57. Q6 Anincrease in price will decrease the break-even point
58. Q7 Product sold in monopolistic competition is differentiated
59. Q8 AKinked demand curve indicates price rigidity in non-collusive oligopoly
60. Q9 Transfer pricing is regulated by the government
61. Q10 Price discrimination is not profitable if elasticity of demand is the same in different market
    • b) Match (Any Seven) 7
62. Q1 Extension of demand a) Demand forecasting for intermediate product
63. Q3 Promotional elasticity c) Large number of buyers & sellers
    • e) When price of product falls
    • f) High price in initial stage
64. Q8 Cartel formation | h) The analysis of national income
65. Q2 A). Explain the nature of demand curve in different markets. 8 marks
    • B) demand forecasting? Explain the survey method of demand forecasting. 7
    • C) equation Sugar is given as = 200-5P, and the price of sugar is given in below table Price of Quantity of demand (Kg) 8
    • Q.P. Code : 00783 Answer the following questions:
66. Q1 Calculate quantity of demand for sugar at given prices. 3 marks
67. Q2 With the help of above demand schedule draw a demand curve. 2 marks
68. Q3 Calculate price elasticity of demand when price changes from Rs 10 to Rs 15. 3 marks
    • D) Explain the measurement of price elasticity of demand. 7
69. Q3 A) Explain the causes for the various stages in the law of variable proportions. 8 marks
    • B) “The LAC envelopes a number of short run average cost curves” Discuss 7
    • C) Given TFCas Rs 145, calculate TC, ATC, AVC, and MC from the following data. 98
    • D) What is break-even point? Explain the limitations of break-even analysis. 7
70. Q4 A) Whatis monopoly? What are its features? 8 marks
    • B) Explain the kinked demand curve hypothesis in an oligopoly market. 7
    • C) Explain the role of advertisement under monopolistic competition, 8
    • D) Explain the short run equilibrium of a firm under the perfect competition with the help of suitable 7
71. Q5 A) Distinguish between marginal cost pricing & full cost pricing. 8 marks
    • B) price discrimination? Explain the different degrees of price discrimination. Write short notes on (Any Three) (15) 7
72. Q1 Scope of Business economics
73. Q2 Types of demand forecasting
74. Q3 equilibrium
75. Q4 Features of oligopoly
76. Q5 Dumping

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