27112

118
Paper / Subject Code: 71801 / Strategic
Management
M.COM - I
SEM -I 2018-19
Total Marks:
60
Time: 2
Hours

N.B
:
1) All questions are compulsory. 2) Figures to the right
indicate full marks.

Q.
1.
(a) Explain the concept of Vision and Mission in
strategic management, (b) Enumerate the benefits of
strategic management.
Define strategic
OR (c)
management. Elaborate the various financial strategies. (b)
Describe the components of macro business environment.

Q.
2.
(a) Explain any two alternative strategies under the formulation of
strategies. (6) Elucidate the SWOT analysis as a part of
corporate portfolio analysis,
OR. (c)
Discuss the factors affecting strategic
choice (d) Explain the limitations of
budgetary control.

Q.
3.
 (15
)
(a) Discuss the various external factors of corporate
renewal strategies. (b) What is Strategic Alliance? Explain
its importance in India.

OR (C)Enumerate the
problems of PPP model in India. (d) Highlights on the
contribution of IT sector in Indian business,
(15
)

Q.
4.
A) Fill in the blanks with
appropriate options.
(5)

Strategy ----- --------- is the final step of strategic management process.

a) Formulation b) Implementation c) Evaluation d)
Planning

2. Supplier is a part of -----------------factor of the business

environment
a) Internal b ) Micro c) Macro d)
Fixed
-------------basically start for short term benefits a)
Foreign collaboration b) Franchisee c) Diversification
d) Joint
venture

4. In the full form of PPP includes one of the

"P" is -------
a) People b) Private c) Partner ) All
of these

---------- is a type of man-made disaster.

a) Cyclone b) Earthquake c) Ward)
Flood
Q.4
.
(
5
)
B) State whether the following statements are True or False. 1)
Retrenchment strategies involve an extension in the scope of a
corporation's activities. 2) Business valuation is the first process of Merger
and Acquisition. 3) PERT/CPM is the traditional method of controlling. 4)
Franchising is one of the types of strategic alliance. 5) Successful
entrepreneurs take risks.

61402
Page 1 of
4
apen i Juvject coue: /100T / Strategic Management

Q.4.
C) Match the Column.

Sr. no. Group A

Focused low cost Turnaround strategy Internal cause of renewal Strategic alliance
Prevention disaster
Group B
a) Toxic culture b) Reduction of losses c) Mitigation d) Business level strategy e)
Company profitable again

ORT
Q4.
Write Short notes on (Any Three) 1) Reason for Growth of KPO 2) Operational
reengineering 3) Consequences of disaster 4) Process of business start-up 5) Make
in India model

Ruang dengan

61402
Page 2 of 4
Paper / Subject Code: 71802 / Economics for Business
Decisions 31/12/2018
 M.com, - I
SEMŁ. SUB-? Economicsfor Business
Decision,
[Time: 2
Hours)
[Mark
s:6

N.B
:
Please check whether you have got the right question paper. 1.
All questions are compulsory. 2. Figures to the right
indicate full marks, 3. Draw neat diagrams wherever
necessary.

Q.
1
0

cuss.,
“Tangency between indifference curve and
a) Explain the determinants of demand. b)
price line is a necessary condition but not a sufficient 08
condition for consumer's equilibrium”,
Dis
OR c) Explain the minimum wage
controversy. d) Explain the concept of Bandwagon
effect and Veblen effect.
0
7
08

Q.
2
 a) “The firm can maximize its profits by employing the factors in optimal
combinations at which the 07
cost of production will be minimum", Explain. b) Explain the law of
variable proportion with suitable illustration and diagram
08 OR c) Write a note on -
‘Learning curve'.
07 d)
The total cost schedule of a firm is given below, from this derive the
TFC.TVC, AFC,AVC, ATC 08
and MC of the
firm.
Output 10 (units) TC
(Rs.) | 60 1 00
23
6
36
0
20

Q.
3
0
8

0
7
a) Explain the equilibrium of a discriminating monopolist with the help
of a suitable diagram. b) Explain with help of suitable diagram
equilibrium of an oligopoly firm facing kinked demand
curv
e.
OR c) Explain the methods of measuring monopoly power. d)
Alen and Jack were involved in the drug selling. They were caught by Drug
Enforcement
Administration but they had insufficient proof and hence they require a testimony from either of
them to go ahead with the prosecution. Both of them will be interrogated separately
and do not come in any kind of contact what so ever.. Both the suspects do
not want to end up in jail. Following is the pay off matrix for Alen and Jack.
Alen
Confess
Alen Don't Confess Jack Confess
8 years, 8
Years.
O years, 20 years Jack-Don't
confess 20 years,0 years
6months, 6
months

On the basis of above pay off matrix.. .. i)

Explain the basic concepts used in the game theory.
ii) Discuss dilemma of both suspects Alen
and Jack

Page 1 of
4
6063
0
Paper / Subject Code: 71802 / Economics for Business vecisivu

Q.4 a) State whether the following statements are true or false

i) Business economics is the applications of economics to business decisions. ii)
In a market economy prices act as incentives and signals. iii) Profit is maximized at
a point where total revenue is greater than total cost. iv) Economic profit= Total revenue -
Explicit cost v) The imperfect information is a source of market failure. vi) Market
failure does not occur in the case of public goods. vii) Allocative efficiency occurs
when goods and services are distributed according to consumer
preference.
08
 b) Give precise meaning of the following i) Externalities 11) Opportunity cost
111) Public goods iv) Accounting Profit
OR Q.4 Write short note on any three of the following
15

a) Scope of Business Economics b) Production possibility frontier c) Expansion

path d) External Economies e) Cartels

Page 2 of 4
60630
ubject Code: 72206 / Group A: Advanced Accounting, Corporate Accounting and
Financial Management: Di
M.com -I 211120194
SEM - I sub- corporate
 Accounting
Duration: 2
Hours
Total
Marks : 60

N.B.:
1. Use of Simple Calculator is allowed. 2. All questions are
relevant for assessment year 2018-19 3. All questions are
compulsory carrying 15 marks each and having internal
option. 4. Working note should form part of your answer. 5. Figures to
right indicate full marks allotted to that question.

Q.1) Following is the Account of Receipts and Payments of Dr.

Dharam of "Mahatma Clinic" for the year ended 31st March, 2018
Receipt
s
Rs. Payments
Rs. To

Balance b/d. Cash 1,500 By Salaries

44,000 To
Balance b/d. Bank
3,000 To
Consulting fees
1,85,000-| By
Bonus:
4,400 To
Visit fees
14,500 By
Stationery
13,600 To
Gift from Patients 6,000. By Rent of Clinic (paid to 12,000
Wife) To Winning
from horse 10,000 By Electricity
11,150
 races To Amount received 30,000 By Car Expenses
30,000
under Keyman Insurance Policy
By
Drawings
48.000 By Donations
18,000 By Purchase of Equipments 12,000 By
Misc. Expenses
12,000 By Balance c/d. : Cash
2,600 By Balance c/d.: Bank
42,250
Totals
2,50,000 Totals
2,50,000
Additional Information: 1) Rs.6,000/- is to be considered as a
reasonable rent of the clinic. 2) Misc. Expenses are incurred for personal
purposes. 3) Donations are eligible for deduction u/s.80G.
4) Depreciation allowable on equipments according to Income Tax Act is Rs.4,000/
Compute income from business or profession of Dr. Dharam for the
Assessment Year 2018-19.
(1
5)

O
R

Q.1.A) Mr. Krishna Sharma who is an Indian citizen resides in U.K. and
came to India on 1st April, 2017 and again leaves India to proceed to U.K. on 25th
September 2017 for the purpose of employment. He was in India for more than 365
days during the preceding previous years 2013-14 to 2016-17. What will be
residential status of Mr. Sharma for the assessment year 2018-19. Give necessary
justification of your answer.
(0
8)

6196
0
 Page 1
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ubject Code: 72206 / Group A: Advanced Accounting, Corporate Accounting
and Financial Manager

Q.1B) Mr. Shyam has occupied two houses for his own residential
purposes viz Shanti Niwas and Ganesh Niwas, particulars of which are as
follows:

Particular
s
Shanti Niwas Ganesh Niwas Municipal
Valuation
80,0
00
40,000 Fair Rent
1,80,00
0
44,000 Municipal
Taxes Paid
10
%
10% Interest
on borrowed capital
10,00
0
2,16,000 Fire
Insurance
50
0
300 Ground
Rent
750
1,000 Land
Revenue
385
0
2,000 You are
required to ascertain which property should be treated as self-occupied and
determine taxable income for the assessment year 2018-19 of Mr. Shyam,
assuming both the loans were taken prior to 1st April, 1999,
(0
7)

Q.2) Mrs. Lajwanti aged about 66 years is a finance manager of M/s. Lakhme
& Co. Ltd. based at Calcutta. She is in continuous service since 2005 and
received the following salary and perks from the company during the year
ending 31.03.2018 :

1) Basic Salary (50,000 x 12) = Rs.

6,00,000 2) DA (20,000 X 12) =
Rs.2,40,000
action to 3)
Bonus: 2 months Basic Pay 4) Commission 0.1% of the Turnover of the
Company which was Rs. 15 Crores 5) Contribution of the Employer and
employees to PF Account Rs.3,00,000 each. 6) Interest credited to PF
Account at 8.5% : Rs.60,000. 7) Rent free unfurnished accommodation
provided by the company for which the company
pays a rent of Rs.70,000 per annum. 8) Entertainment Allowances :
Rs.30,000/ 9) Children's education allowance to meet the hostel expenditure of
children : Rs.15,000
(Exempt Rs.7,200/-) 10)
Profession Tax Paid :
Rs.2,500
She makes the following payments and investments : 1)
Premium paid to insurance the life of her major son :
Rs.15,000
major son: Rs. 15,000 2) Medical Insurance
Premium for self: Rs.22,000 and spouse Rs.5,000 PERLE 3) Lic Pension
Fund : Rs.18,000 TS

Determine the Net Table Income of Mrs. Lajwanti for the

Assessment Year 2018-19.
(1
 5)
OR Q.2.A) Mr. Sukumar is employed with
M/s. Sagar International at Kalbadevi, Mumbai since 2008. As per the terms of contract
salary become due on the last day of every month. Due to the financial crisis
faced by the
employer M/s. Sagar International, the salary of March 2018 to May 2018
was paid on 31st May 2018. He is entitled for salary of Rs.4000/- pm. During
the year ended on 31st March 2018 he received from the employer as follows:
S

619
60
Page 2 of
5
5

2206 / Group A: Advanced Accounting, Corporate Accounting and Financial Management

: Di

1) Net salary of Rs.39,820- after deduction of PF contribution of

Rs.3,520/- and Profession Tax
of Rs.2200/-for 11 months from April 2017 to February 2018. 2) Bonus
Rs.8,000/ 3) An award of appreciation of Rs.4,000/- on account of saving
of the shop from fire in Diwali. 4) Compensation of Rs.6,000/- due to
modification of terms and conditions of contract of
servic
e.

You are required to ascertain the taxable income under the head
"Salaries” of Mr. Sukumar for assessment year 2018-19.
(08
)
 Q.2.B) Mr. Vijay Kaushik acquired residential property on 01st March,
1982 for Rs.20 Lakhs. Additional information pertaining to property was as
follows:

1) Fair market value as on 01.04.2001 was

Rs.24 Lakhs. 2) Cost of Improvement made by him
:
Financial Year Amount 1984-85
1,50,000 2005-06 1,20,000
2008-09 4,00,000

He sold residential property on 25th

2010-11 3,80,000 3)
January 2018 for Rs. 1 Crore 80 Lakhs 4) He acquired new
residential house for Rs. 58 Lakhs on 19th March 2018. 5) He
also invested Rs. 15 Lakhs in Rural Electrification Bonds on 19th March
2018. 6) Expenses on Transfer amounted to Rs. 75,000.

Compute Taxable Long Term Capital Gain for assessment year

2018-2019 after considering the relevant cost inflation indices (CII) as
follows:
(0
7)

CII
100
11
7
Financial
Year 2001-02
2005-06
2008-09
2010-11
2017-18
13
7
167 272

Q.3 For Assessment year 2018-19 Mr. Akash submits the

following particulars : Particulars Basic Salary Project Allowance
 High cost of living allowance Commission (@2% on Turnover)
Overtime House Rent Allowance (Rent paid in Mumbai Rs.90,000)
Pension from a former Employer Profits and Gains of small scale industrial
undertaking Profits from Publications of Books Profit from
business of dealing in Equity Shares Dividend from British Company
Amount(Rs.)
3,00,00
0
10,000
5,000
50,000
36,000
1,00,00
0
85,600
37,000
1,45,00
0
35,000
25,00
0

619
60
Page 3
of 5
Subject Code: 72206 / Group A: Advanced Accounting, Corporate Accounting and
Financial Manage

Interest from British Company Interest received on Debentures in "S” Ltd.

Mr. Akash contributes at 12% to recognized PF & employer
also contribute @12% Remuneration from other company for Visits
Life Insurance Premium paid on his life N.S.C. Investment during the
assessment year 2018-19 Mediclaim insurance premium on own life
2,000
15,0
00
 36,0
00
10,00
0
15,00
0
12,00
0
10,00
0

Determine the net taxable income of Mr. Akash for Assessment Year 2018-19.
Fr (15)
OR Q.3) Ms. Pooja is a social worker. She
owns a house property at Vasai which is let out at an annual rent of Rs. 25,000/
She incurred following expenses in respect of house property:

Particular
s
Amount
(Rs.)
60
0
2,00
0
Ground Rent
Repairs Insurance
Municipal Taxes
Paid
400
1,00
0

Her other income is as

follows:
1) Interest on Bank deposits Rs. 12,500 2) Dividend on share of Indian
Companies : Rs.500 from Glaxo Pharma Ltd. Rs. 750 from
Premier Automobiles Ltd. Rs.1,500 from Jindal Agro Ltd. She paid Rs.25/- for
collection
 charges and Rs. 2000 as interest on loan borrowed for purchase of Jindal Agro Ltd.
Shares. 3) Dividend from Unit Trust of India Rs.47,000/ 4) Accrued Interest on NSC
Rs.17,800/ 5) Dividend from foreign companies Rs.14,500/

Compute Ms. Pooja's Gross Total Income for

assessment year 2018-2019.
(1
5)
(08
)
Q.4.A) Multiple Choice
Questions:
1. Mumbai University is assessable under the Income Tax Act,
as :
a. An
Individual
b. An artificial judicial person C.
A local authority
d. None of
these

2. In which year is the income tax liability

computed:
a. Assessment
Year
b. Previous Year
E d . Financial Year
d. Calendar
Year

3. The rates of income tax are laid

down :
a. for each calendar
year c. for each
previous year
 b. for each assessment year
d. for each of head of
income

4. Tax is allowed as a deduction while computing the business

income:
a. Wealth
Tax
b. Income Tax C.
Sales Tax
d. All of the
above

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Page 4 of
5
le: 72206 / Group A: Advanced Accounting, Corporate Accounting and Financial
Management : Di

5. The rate of tax applicable to a firm for

A.Y.2018-19 is :
a.
30%
b. 35% C. 40%
d.
45%

6. Standard Deduction under section 24(a) from Income from

House Property is :
. a. 1/3 of
NAV
b. repairs actually incurred by the
owner c. 30% of NAV
 d. Rs.
30,000

7. Exemption under section 54, shall be

available
a. All
assesses
b. Individual only c.
Individual and HUF
d. None of the
above

8. Deduction under section 80CCC is allowed to

the extent of:
a.
Rs.2,00,000
b. Rs.1,00,000 c.
Rs.2,50,000
d.
Rs.1,50,000 Q.4.B. Match the Columns :
Column A-
Term
Column B - Section of Income Tax Act 1)
Assessment Year
a) 2(31) 2)
Previous Year
b) 4 3)
Person
c) 218) 4)
Income
d) 2(9) 5)
Assessment
e) 2(7) 6)
Assessee
f) 2(24) 7)
Charge of Income Tax
g)
 3

Q.4 Short notes (any

three)
a) Salient features of the scheme of taxation of
figm and partner b) Any Five general conditions
for claiming deduction u/s. 37 c) Five items of
deductions under chapter VI A d) Assessee e)
Long Term Capital Assets
XXXXXXX

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7loiti
a
Paper / Subject Code: 71804 / Business Ethics &
Corporate Social Responsibility
M.COM - I SEM I
JAN - 2019

4. A) State whether the following statements are true

or false:
 i
.
i
i
.
i
i
i
.
i
v
.
v.
Ethical practices enable a firm to improve its
performance. Ads in poor taste are ethical in
nature..
The HR professionals must be involved in designing the
CSR policy. Environment sustainability reporting is
mandatory in India. Planet refers to sustainable environmental
practices.

B) Fill in the blanks with appropriate

options:

theory of ethics is very old theory existing since the

time of Aristotle. (Virtue, Justice, Teleological,
Deontological) Conflict of interest in allocating
contracts and projects is an unethical practice in
i
.

(marketing, advertising, management, finance and

 accounting)
_ _refers to go being of others published
work.
(Plagiarism, Duplication, Editing,
Rewriting) iv. The aim of fair Labour
Association is to improve
conditions in
factories. ( working, welfare, women, child) v. - places
emphasis on meeting the needs of present and future generations.
(Sustainable Development, Education,
Health, Environment) C) Match the Pairs:

Group
A
Group
B

1. Sources
of value 2.
Infringement
3.
Philanthropic
4. SA 8000 5.
GRI
a) Donation b) Auditable
Social Certification c)
International Reporting
d) Unethical e) Genetic

ORF

4. Write short notes (any

three) a) CSR and
Environmental Concerns b) AA
1000 series c) Major Codes on CSR
d) CSR and Sustainable
Development e) Ethical
Issues in Financial
Accounting

597
15
Page 2
of 4
Paper / Subject Code: 71804 / Business Ethics & Corporate Social Responsibility

(2
Hours)
Marks :
60

N.B. (1) All questions are

compulsory

(2) Figures to the right

indicate full marks
1.a) Explain the need and importance of
Business ethics.

b) What is an ethics committee? State and

explain their responsibilities
 O
R
c) Explain any four approaches
to business ethics
d) Describe Gandhi's Doctrine of
Satya and Ahimsa.

2.a) Explain the specific issues in

marketing ethics.

b) Define Corporate Governance. Explain the factors

influencing corporate
Governan
ce.

O
R

c) What is an Audit Committee? State their

responsibilities.

d) Explain the role of Board in

Corporate Governance,

3. a) Explain the scope of Corporate Social

Responsibility.

b) State and explain any four models of

CSR practices in India.
 O
R

c) Discuss CSR practice in any four

Indian Corporations..
d) What are the legal provisions and
specifications on CSR in India?

Page 1
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