Amity MBA Assignment Semester 3 Finance 2019

Cost and Management Accounting for Decision Making (ACCT611)-Semester III

Kim Sharma Leave a comment

Cost and Management Accounting for Decision Making (ACCT611)-Semester III

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

1st Module Assessment

Salaries of staff in the administration and accounts department is an example of ……………….. Labour.

a.

Direct

b.

Indirect

c.

Both

d.

None

Question 2. Marginal cost is the aggregate of variable costs, i.e. prime cost plus …………… overhead.

a.

Fixed

b.

Direct

c.

variable

d.

Indirect

Question 3. ……………….. cost is the cost of all items involved in the production of a product or service.

a.

Distribution

b.

Assembling

c.

Production

d.

Indirect

Question 4. The feature of these costs is that the total costs remain …………… while per unit fixed cost is always variable.

a.

Direct

b.

Indirect

c.

Varioable

d.

Fixed

Question 5. Primary packaging cost is included in production cost whereas secondary packaging cost is ……………… cost.

a.

Alliedd

b.

Direct

c.

distribution

d.

indirect

Question 6. ………….. are the costs which are incurred in the past, i.e. in the past year, past month or even in the last week or yesterday.

a.

Predetermined

b.

Anticipated

c.

Historical

d.

Prospective

Question 7. ……….. costs are partly fixed and partly variable.

a.

Variable

b.

Fixed

c.

Semi-Variable

d.

All

Question 8. ……………… helps in better control of the costs and also helps considerably in decision making.

a.

Marginal Costing

b.

Costing

c.

Labout Cost

d.

Classification

Materials consumed, direct labour, sales commission, utilities, freight, packing, etc. are examples of …………….. Cost.

Question 9. Office salaries, printing and stationery, office telephone, office rent, office insurance are example of ……………… Cost.

a.

Fixed

b.

Variable

c.

Administrative

d.

All

Question 10. ……………. cost is the change in the aggregate costs due to change in the volume of output by one unit.

a.

Fixed

b.

Variable

c.

Indirect

d.

Marginal

Question 11. The elements of cost can be classified into …….…… categories.

a.

Four

b.

Five

c.

Three

d.

Two

Cost unit is a form of measurement of volume of …………… or service. Select one: 

a. Trade

 b. Production 

c. Wholesale 

d. All of the options

Question 12. ……………….. cost is the cost of wages of those workers who are readily identified or linked with a cost centre or cost object.

a.

Direct Labour

b.

Indirect Labour

c.

Direct Material

d.

Indirect Material

Question 13. ………………….. Cost is the cost of material of any nature used for the purpose of production of a product or a service.

a.

Labour

b.

Manufacturing

c.

Material

d.

Expenses

Question 14. Cost Centre may be of two types – personal and impersonal cost centers.

a.

TRUE

b.

FALSE

c.

Sometimes

d.

In US and UK

Question 15. Classification of cost is the process of ……………… the components of cost under a common designation on the basis of similarities of nature, attributes or relations.

Select one:

a.

Split Off

b.

Grouping

c.

Both of the above

d.

None of the above

Question 16. 1. Selling costs are indirect costs related to selling of products or services

2. Include all indirect cost in sales management for the organization.

a.

Both Statements are correct

b.

First is correct

c.

Second is correct

d.

Both are incorrect

Question 17. Cost is a measurement, in monetary terms, of the amount of resources used for the purpose of production of goods or rendering services.

a.

TRUE

b.

FALSE

c.

Can’t Say

d.

Sometimes

26

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

2nd Module Assessment

Cost of previous department is a part of ………….

a.

Transferred-in costs

b.

Transferred-out costs

c.

FIFO costs

d.

LIFO costs

Question 2. Third step in process costing system is to ……………

a.

compute cost for each equivalent unit

b.

summarize total costs

c.

compute output in units

d.

summarize flow of output.

Question 3. Second step in processing costing system is to …………..

a.

summarize flow of output

b.

compute output in units

c.

compute cost for each equivalent unit

d.

summarize total costs

Question 4. If beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are ………….. Units.

a.

1200

b.

1300

c.

1500

d.

1800

Question 5. Which of the following businesses is likely to adopt a process costing system?

a.

Printing Process

b.

Academics

c.

Sugar Refining

d.

Construction

Question 6. In process costing system, the materials can be added in …………… department only.

a.

First

b.

Last

c.

Middle

d.

Any

Question 7. The fundamental principle of costing is that the good units should bear the amount of ……………………. loss.

a.

Abnormal

b.

Normal

c.

Direct

d.

Indirect

Question 8. If total incurred cost in a production process are ₹30000 and number of output units are 5000 units, then units cost will be ………… INR.

a.

26

b.

60

c.

16

d.

6

Question 9. Which of the following is not relevant to a process costing system?

a.

Heterogeneous products

b.

Repetitive production

c.

High production volume

d.

Low production flexibility

Question 10. In process costing system, when partially completed units are expressed in terms of fully completed units they are known as …………….. Units.

a.

Completed

b.

Equivalent

c.

Unfinished

d.

Transferred

Materials, labor and overhead costs are traced to processing departments rather than individual products or jobs. This statement is true for ………….. Costing system.

process

Question 11. Imputed Costs are hypothetical or notional costs, not involving cash outlay, computed only for the purpose of ……………..

a.

Tax Filing

b.

Accounting

c.

Reporting

d.

Decision making

Question 12. ………….. Costs are historical costs which are incurred i.e. ‘sunk’ in the past and are not relevant to the particular decision making problem being considered

a.

Reporting

b.

Sunk

c.

Variable

d.

Fixed

Question 13. …………… loss is a loss, which is inevitable in any process. Thus if the input is 100, the output may be 95 if the normal loss is anticipated as 5%.

a.

Abnormal

b.

Normal

c.

Opportunity

d.

Accounting

Question 14. ……………….. cost is generally used for determining the optimum time of replacement of an equipment or machine in consideration of maintenance cost of the existing one and its productive capacity.

a.

Amendment

b.

Changing

c.

Replacement

d.

Abnormal

Abnormal Cost is an unusual or a typical cost whose occurrence is usually irregular and …………….. and due to some abnormal situation of the production.

  1. Regular  b. Unexpected  c. Expected  d. Sure

Question 15. The process costing system is best suited for:

a.

industries where different types of products are manufactured

b.

industries where homogeneous products are manufactured on continuous basis

c.

service industries only

d.

All of the above

Question 16. Fifth step in process costing system is to ………………..

a.

assign total cost to completed units

b.

compute gross margin

c.

allocate joint costs

d.

allocate separable costs

Question 17. If the actual production units are more than the anticipated units after deducting the normal loss, the difference between the two is known as …………… gain.

a.

Abnormal

b.

Normal

c.

Opportunity

d.

Accounting

29

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

3rd Module Assessment

All such expenses which are incurred for creating and enhancing the demands for the products are …………. Expenses.

a.

Administrative

b.

Production

c.

Selling

d.

Distribution

Question 2. Which of the following calculate the actual cost of product?

a.

Cost estimation

b.

Costing

c.

Both (A) and (B)

d.

None of the above

Question 3. The following is(are) the overhead cost(s):

a.

TRUE

b.

FALSE

c.

In US Costing

d.

In UK Costing

Question 4. Investment projects that are competing for scarce resources, where choosing one eliminates another, is called ___________.

a.

Explicit

b.

Mutually Inclusive

c.

Mutually Exclusive

d.

Implicit

Question 5. The cost which varies with the level of production is called …………….. Cost.

a.

Moving

b.

unstable

c.

Variable

d.

Fixed

Question 6. Prime cost = cost of direct labour + cost of direct material + direct expenses

a.

TRUE

b.

FALSE

c.

Can’t Say

d.

In US Costing

Question 7. The amount of work achievable, at standard efficiency levels, in one hour.

a.

Standard Hour

b.

Non-Standard Hour

c.

Fixed Hour

d.

Incremental Hour

Question 8. The cost data provide invaluable information for taking the following managerial decision(s):

a.

To make or buy

b.

To own or hire fixed asset

c.

Determining the expansion or contraction policy

d.

All of the above

Question 9. Cost accounting is a specialized branch of accounting which deals with _____________.

a.

classification

b.

Recording

c.

Allocation and Directing

d.

All Three

Question 10. Any materials that have no value is ………………….. .

a.

Waste

b.

Junk

c.

Both

d.

None

Those future costs which will be affected by a decision to be taken are ………….. Costs.

Relevant costs

Question 11. If contribution margin ratio is 0.3 then contribution margin percentage will be………….. %.

Select one:

a.

10

b.

20

c.

30

d.

0.03

Question 12. Contribution margin = ?

a.

Sales – Fixed expenses

b.

Sales – Selling expenses

c.

Sales – Admin. Expenses

d.

Sales – Variable expenses

Question 13. A contribution margin income statement is usually used by:

a.

tax agencies and banks

b.

customers and suppliers

c.

creditors and investors

d.

internal management

Question 14. The amount by which an item contributes towards covering fixed cost and providing for profit is known as:

a.

Gross Profi

b.

Gross Margin

c.

Contribution Margin

d.

Net Margin

Which of the following is a correct formula to calculate contribution margin ratio (CM ratio)?

a. Contribution margin/Sales 

b. Contribution margin/Variable cost 

c. Contribution margin/Fixed cost 

d. Sales/Contribution margin

Question 15. At breakeven, profit = contribution + fixed costs. This equation is:

a.

Correct

b.

Incorrect

c.

Sometimes Correct

d.

Sometimes Incorrect

Question 16. An amount by which an item or head contributes towards covering fixed cost & providing for profit is commonly called as:

a.

Net profit

b.

gross margin

c.

contribution margin

d.

Gross margin

Question 17. Cost-volume-profit (CVP) analysis is a way to find out how …………… in variable and fixed costs affect a firm’s profit.

a.

Addition

b.

Substractions

c.

Changes

d.

fluctutations

28

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

4th Module Assessment (23)

Cost or quantitative expression of objectives and a means of monitoring progress towards achievement of those objectives for a specific period is __________.

a.

Abnormal

b.

Absolute

c.

Absorption

d.

Budgeted

Question 2. Factory cost + administrative expenses is equal to …………….. Cost.

a.

Selling

b.

Trading

c.

Manufacturing

d.

Assembling

Question 3. The cost of testing and inspecting both the materials and finished products is ………………. Cost.

a.

Marginal

b.

Appraisal

c.

Appreciation

d.

Unit

Question 4. …………… activity is performed each time a product is produced.

a.

Marginal

b.

Unit

c.

Fixed

d.

Variable

Question 5. Those future costs which will be affected by a decision to be taken are ………….. Costs.

a.

Relevant

b.

Irrelevant

c.

Incremental

d.

Judgemental

Question 6. Cost or quantitative expression of objectives and a means of monitoring progress towards achievement of those objectives for a specific period:

a.

Abnormal

b.

Absolute

c.

Absorption

d.

Budgeted

Question 7. The amount of work achievable at standard efficiency levels in one hour is called _____________.

a.

Standard Hour

b.

Non-Standard Hour

c.

Fixed Hour

d.

Incremental Hour

Question 8. ………….. Cost is associated with an activity that would not be incurred if the activity were not performed.

a.

Rejected

b.

Accepted

c.

Avoidable

d.

Suspended

Question 9. ………………… records Provide the first evidence that a transaction or event has taken place.

a.

Ledger

b.

Journal

c.

Primary

d.

First

Question 10. It is the indirect cost pertaining to the administrativefunction which involves formulation of policies, directing the organisation andcontrolling the operations of an undertaking is …………. Cost.

a.

Abnormal

b.

Absolute

c.

Absorption

d.

Administratrive

Equality of cost is an important feature of …………… method.

a.

Output

b.

Unit

c.

Specialised

d.

Variable

Question 11. ………………….. costing is the method of costing adopted in concerns where there is a production of single product or a few grades of the same product differing only in size, shape or quality by continuous process of manufacture.

a.

Output

b.

Unit

c.

Variable

d.

Reliable

Question 12. Unit or output costing is that method of costing in which cost are ascertained per unit of a single product in a continuous manufacturing activity.

a.

TRUE

b.

FALSE

c.

Sometimes

d.

Can’t Say

Question 13. …………… capacity refers to temporary idleness of available resources due to irregular interruptions.

a.

Idle

b.

Dubious

c.

Real

d.

Real

Question 14. Unit method is also called the ……. costing.

a.

Single

b.

Double

c.

Specialised

d.

Management

Question 15. Cost of preparing drawings for the manufacture of a particular product is …………….

a.

Net profit

b.

gross margin

c.

Indirect expense

d.

Direct Expense

Question 16. The payment made to a ………………. is cost of direct labour.

a.

Supervisor

b.

Inspector

c.

Machinist

d.

Academician

Question 17. ………….. Cost is also known as overhead costs or on costs.

a.

Direct

b.

Indirect

c.

Gross

d.

Net

23

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

5th Module Assessment

Investment projects that are competing for scarce resources, where choosing one eliminates another.

Select one:

a.

Explicit

b.

Mutually Inclusive

c.

Mutually Exclusive

d.

Implicit

Question 2. One which is not capable of being regulated by a manager within a defined boundary of responsibility, although it may be a cost incurred so that the responsibility may be exercised.

a.

Controllable

b.

Adjustable

c.

Fixed

d.

Non-controllable

Question 3. Income after making all permissible deductions is called ……………. income.

a.

Net

b.

Gross

c.

Actual

d.

Factual

Question 4.  It can be increased or decreased at the discretion of the decision maker.

a.

Appraisal

b.

Appreciation

c.

Unit

d.

Discretionary

Question 5. Unstated and unrecorded cost is also called ………………. Cost.

a.

Explicit

b.

Implicit

c.

Unit

d.

Incremental

Question 6. The cost difference expected if one course of action is adopted instead of others is called ……. Cost.

a.

Differential

b.

Common

c.

Unit

d.

Motivated

Question 7. In the month of January, 300 labour hours were worked for a total cost of Rs 4800. The variable overhead expenditure variance was Rs 600 (A). Overheads are assumed to be related to direct labour hours of active working. What was the standard cost per labour hour?

a.

14

b.

16

c.

18

d.

34

Question 8. Cost of one more item, unit or customer is __________.

a.

Appraisal

b.

Appreciation

c.

Unit

d.

Incremental

Question 9. FIFO stands for First in ………… out.

a.

First

b.

Fast

c.

Foremost

d.

Feasible

Question 10. Combination of budgeted profit and loss account, cash flow statement and balance sheet, created from detailed budgets brought together within a finance plan is ………………. Budget.

a.

Actual

b.

Master

c.

Real

d.

Combined

Question 11. In activity based costing, costs are accumulated by …………….

a.

Cost objects

b.

Cost Pool

c.

Cost benefi t analysis

d.

None of the above

Question 12. ……………….. cost is the change in the aggregate costs due to change in the volume of output by one unit.

a.

Relevant

b.

Opportunity

c.

Marginal

d.

Differential

Question 13. …………… costing method is used in firms which work on the basis of job work.

a.

Batch

b.

Job

c.

Operating

d.

Contract

Question 14. This principle envisages that there should not be any intermediate stage like storekeeping.

a.

ABC

b.

JIT

c.

FSNA

d.

VED

Such a cost sheet is prepared prior to the actual commencement of the period of production.

a. Silver 

b. Green 

c. Blue 

d. Estimated

Question 15. Tools like standard costing and target costing can be used effectively for cost control and cost …………

a.

Enhancement

b.

Maximisation

c.

Reduction

d.

Absorption

Question 16. Material purchased from supplier should directly go the assembly line, i.e. to the production department is an example of…………………

a.

VED Analysis

b.

LIFO

c.

FIFO

d.

JIT

Question 17. The storing cost can be saved to a great extent by using ……….. technique.

a.

FASN

b.

JIT

c.

VED

d.

HIFO

26

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

Assignment 2

CASE STUDY

Kaizen Costing emphasizes on small but continuous improvement. Targets once set at the beginning of the year or activities are updated continuously to reflect the improvement that has already been achieved and that are yet to be achieved. The suggestive changes which are required to be adopted Kaizen Costing concepts in MIL are as follows:

Standard Cost Control System to Cost Reduction System: Traditionally Standard Costing system assumes stability in the current manufacturing process and standards are set keeping the normal manufacturing process into account thus the whole effort is on to meet performance cost standard. On the other hand Kaizen Costing believes in continuous improvements in manufacturing processes and hence, the goal is to achieve cost reduction target. The first change required is the standard setting methodology i.e. from earlier Cost Control System to Cost Reduction System.

Reduction in the periodicity of setting Standards and Variance Analysis: Under the existing planning and control system followed by the MIL, standards are set semi-annually and based on these standards monthly variance reports are generated for analysis.  But under Kaizen Costing system cost reduction targets are set for small periods say for a week or a month. So the period covered under a standard should be reduced from semi-annually to monthly and the current practice of generating variance reports may be continued or may be reduced to a week.

Participation of Executives or Workers in standard setting: Under the Kaizen Costing system participation of workers or executives who are actually involved in the manufacturing process are highly appreciated while setting standards. So the current system of setting budgets and standards by the Finance department with the mere consent of Board of Directors required to be changed.

What is the share of MIL in Indian Car Market in percentage?

a.

11

b.

22

c.

33

d.

44

Question 2. What emphasize on small but continuous improvement?

a.

Costing

b.

Kaizen Costing

c.

MIL

d.

Quality

Question 3. As per the case, MIL, standards are set as …………

a.

Monthly

b.

Half-Yearly

c.

Annualy

d.

Quarterly

Question 4. Kaizen Costing believes in ………………. improvements in manufacturing processes.

a.

Initial

b.

Last Minute

c.

Continuous

d.

Assembling

Question 5. According to Kaizen Costing System, participation of workers or executives who are actually involved in the manufacturing process are highly appreciated while setting ……………….

a.

Factory

b.

Establishment

c.

Standards

d.

Company

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

Management of Financial Service (EDL 307)-Semester III

Kim Sharma Leave a comment

Management of Financial Service (EDL 307)-Semester III

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

1st Module Assessment

IPO stands for __________.

Select one:

a.

Initial Preference Offering

b.

Initial Private Offering

c.

Initial Public Offering

d.

Initial Price Organisation

Question 2. Financial services through the network of elements such as ________, serve the needs of individuals, institutions and Corporate.

a.

Financial institutions

b.

Financial markets

c.

Financial instruments

d.

All of these

Question 3. Merchant banks deal with funds raised through ____________ and capital market.

a.

Financial Market

b.

Money Market

c.

Primary Market

d.

Capital Market

Question 4. The term _______________ is defined as a central location for keeping securities on deposit.

a.

Instrument

b.

Institutions

c.

Depository

d.

None of these

Question 5. _________ encompasses all institutions dealing in fresh issues.

a.

New issues Market

b.

Secondary Market

c.

Money Market

d.

Capital Market

Question 6. Registration of brokers is made _______.

a.

compulsory

b.

optional

c.

no need

d.

none of these

Question 7. Functions of Finacial Services include:

a.

Mobilization of Savings

b.

Allocation of Funds

c.

Specialized Services

d.

All of these

Question 8. To regulate the securities market and to protect the investor’s interest ________ has been created by the Government of India.

a.

RBI

b.

SBI

c.

SEBI

d.

IRDA

Question 9. The objectives of SEBI include _______________.

a.

To promote the development of the market

b.

To protect the interests of inventors

c.

To regulate the securities market

d.

All of these

Question 10. The following one is a kind of fee based activity of a financial intermediary.

a.

hire purchase financing

b.

capital issue management

c.

leasing

d.

underwriting

__________ includes all activities involved in the transformation of savings into investment. Select one:  a. Financial system  b. Financial service  c. Economic system  d. Saving system

Question 11. In India Merchant banking along with management of public issues and loan syndication covering activities like:

a.

Project counseling

b.

Portfolio management

c.

Investment counseling

d.

All of these

Question 12. Role of Merchant Bankers____________.

Select one:

a.

Mobilization of Funds

b.

s

c.

Innovation

d.

All of these

Question 13. Book Building Process is managed by the_________.

a.

Registrar

b.

Book Runner

c.

Lead Manager

d.

Book Runner & Lead Manager

Question 14. The price of new issue is decided by the company along with its _______ .

a.

Merchant Banker

b.

SEBI

c.

Stock Exchange

d.

Banks

A prospectus which does not have details of either price or number of shares offer or the amount of issue is called: Select one: 

a. Red herring prospectus 

b. Statement in lieu of prospectus 

c. Shelf prospectus 

d. None of these

Question 15. Name the process by which a demand for the securities proposed to be issued by a body corporate is elicited.

a.

Green Shoe Option

b.

IPO

c.

Book Building

d.

FPO

Question 16. Post- Issue Managemnt activities include:

a.

Analysis of Collection

b.

Processing of Data

c.

Issue of Refund Orders

d.

All of these

Question 17. Lead Merchant Banker should advice the issuer to enter into ____________ with a particular intermediary for the purpose of issue management.

Select one:

a.

Memorandum of Understanding

b.

ROC

c.

Agreement

d.

Arrangement

30

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

2nd Module Assessment

Which agency regulates and supervises NBFCs?

Select one:

a.

Finance Ministry

b.

SEBI

c.

RBI

d.

Respective state government

Question 2. The feature of a mutual fund, where it spreads the investment in varied stocks and sectors by pooling the funds of various investors, is called as ______________.

a.

Diversification

b.

Professional Management

c.

Affordability

d.

Profit

Question 3. For a company to register as a NBFC it should have a minimum net owned fund of _____.

a.

Rs 25 lakh

b.

Rs 1 crores

c.

Rs 2 crores

d.

Rs 5 crores

Question 4. NBFCs are required to accept public deposit for a maximum period of ___ months?

a.

36 months

b.

48 months

c.

60 months

d.

120 months

Question 5. _______________ ended fund are highly liquid.

a.

Close Ended

b.

Old

c.

Open Ended

d.

New

Question 6. Which of the following is not the part of organized sector of Indian Money Market?

a.

Mutual Funds

b.

Chit Funds

c.

NBFCs

d.

RBI

Question 7. Which of the following does not have any roles in regulation of NBFCs?

a.

National Housing Bank

b.

SIDBI

c.

Reserve Bank of India

d.

MCA

Question 8. What is an open-ended mutual fund?

a.

It is the one that has an option to invest in any kind of security

b.

It has units available for sale and repurchase at all times.

c.

It has an upper limit on its NAV

d.

It has a fixed fund size

Question 9. Mutual funds in India are permitted to invest in____________.

a.

Securities

b.

Securities & Gold

c.

Securities other than Real Estate

d.

Securities, Gold and Real Estate

Question 10. A Non-Banking Financial Company (NBFC) is a company registered under the _______.

a.

RBI Act 1934

b.

Companies Act, 2013

c.

NBFC Act 1956

d.

Government Securities Regulations, 1913

Units of _____________ must be listed on the stock exchange. Select one:  a. Sector Funds  b. Arbitrage Funds  c. Close ended Funds  d. Liquid Funds

Question 11. The value of one unit of investment in Mutual fund is called the _______________.

a.

Net Asset Value

b.

Issue value

c.

Market Value

d.

Gross Asset Value

Question 12. The seller can repossess the goods in case of default in payment .

a.

Interest 

b.

Hire Charge

c.

Payment

d.

Credit

Question 13. Which of the following activity is not permissible for NBFC?

a.

loans and advances

b.

acquisition of shares

c.

insurance business

d.

construction of immovable property

Question 14. Which of the following is false about NBFC?

a.

NBFC cannot accept demand deposits

b.

NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself

c.

deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs

d.

NBFC cannot undertake insurance business

___________ schemes not exposed to sudden and large movements of funds. Select one:  a. Fixed maturity plan  b. Close-Ended Funds  c. Open-Ended Funds  d. Interval fund

Question 15. A non-banking institution that has a principal business of receiving deposits under any scheme or arrangement in one lump sum or in installments by way of contributions is known as:

a.

Principal non-banking company

b.

Residential non-banking company

c.

Residuary non-banking company

d.

Optional non-banking company

Question 16. ________ is a method of investing in mutual funds wherein an investor chooses a mutual fund scheme and invests a the fixed amount of his choice at fixed intervals.

a.

Systematic Transfer Plan

b.

Systematic Investment Plan

c.

Systematic Innovative Plan

d.

Systematic Withdrawal Plan

Question 17. ____________ is a facility provided by banks to investors in new fund offers (NFOs) of mutual funds.

a.

ASBA

b.

CASBA

c.

MASBA

d.

NASA

30

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

3rd Module Assessment

Hire Purchase Act passed in the year_____. Select one:  a. 1969  b. 1972  c. 1982  d. 1976

Consumer loans are granted for _____________ period.

a.

Medium

b.

Short

c.

Long

d.

Both Long & Medium

Question 2. Equipment leasing is _______________ financial service.

a.

fund based

b.

fee based

c.

non-fund based

d.

All of these

Question 3. In hire purchase depreciation can be claimed by the______.

a.

Hirer

b.

Vendor

c.

Financiers

d.

All of these

Question 4. _____________ is pooling of small savings.

a.

Mutual fund

b.

Credit rating

c.

Insurance

d.

Guarantee

Question 5. CIBIL stands for ______________.

a.

Credit Information Bureau of India ltd

b.

Central investment Board of India Ltd

c.

Credit and Investment Bureau of India ltd

d.

None of these

Question 6. _______________ is a method of renting assets.

a.

Hire Purchase

b.

Lease

c.

Hedge Finance

d.

Credit Rating

Question 7. In _______________ lease, leasing company assumes risk of obsolescence.

a.

Financial lease

b.

Operating lease

c.

Leverage lease

d.

Cross boarder lease

Question 8. The limitations of credit rating include ________.

a.

Rating charges

b.

Industry specific

c.

Governance issues

d.

All of these

Question 9. _______________ lease contracts are usually non cancellable.

a.

Financial lease

b.

Operating lease

c.

Leverage lease

d.

Cross boarder lease

Question 10. ___________ refers to the raising of finance by individuals for meeting their personal expenditure or for the acquisition of consumer durable goods.

a.

Housing Finance

b.

Consumer Finance

c.

Business Finance

d.

Local Finance

Question 11. ________ is an agreement under which a company or a firm acquires a right to make use of a capital asset like machinery, on payment of agreed fee called rental charges.

a.

Hire Purchase

b.

Leasing

c.

Mutual Fund

d.

Factoring X

Question 12. In India, banks are permitted to carry on hire purchase business:

a.

Directly

b.

Through its Departments

c.

Through subsidiary

d.

Any of the above

Question 13. Which of the following is/are types of consumer credit?

a.

Revolving credit

b.

Unsecured credit

c.

Secured credit

d.

All of these

Question 14. In ____________ leasing, the risk of obsolescence is assumed by the lessee.

a.

Operating lease

b.

Leverage lease

c.

Financial lease

d.

Sale and lease back

_______ is an ongoing credit arrangement.

a. Unsecured Credit 

b. Fixed Credit 

c. Cash loans 

d. Revolving Credit

Question 15. Consumer Credit accelerates ____________.

a.

Investments in the consumer durable industry

b.

Balancing interest rate

c.

Increasing investment awareness

d.

Supply of goods

Question 16. The three C’s of Consumer Credit are:

a.

Character, capital and charity

b.

Character, capacity and charity

c.

Character, capacity and capital

d.

Capital, capacity and conciliate

Question 17. The features of hire purchase includes:

a.

The possession of goods is given to the buyer immediately.

b.

The ownership in the goods remains with the vendor till the last installment is paid.

c.

The seller can repossess the goods in case of default in payment .

d.

All of these

28

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

4th Module Assessment

Venture Capitalists use staged financing:

a.

to limit other investor’s return

b.

to increase Venture Capitalist’s Ownership stake

c.

to reducuce Venture Capitalist’s Risk Exposure

d.

to increase probability the Portfolio Company succeeds

Question 2. A ____________ is a specialized firm that finances young, start-up companies.

a.

Venture Capital Firm

b.

Finance company

c.

Small-Business finance company

d.

capital-creation company

Question 3. The P/E firm takes the help of _______ for valuation & legal advice.

a.

Agents

b.

Brokers

c.

Advisors

d.

RBI

Question 4. _____________ act as an intermediary to link up the sources of ideas and the sources of fund.

a.

Venture Capital

b.

Merchant Banking

c.

Leasing

d.

None of these

Question 5. Financial services offered financing risk project to provide which of the Following?

a.

Seed Capital

b.

Venture Capital

c.

Primary Fund

d.

Secondary Fund

Question 6. The _____________ partner is also entitled to share in profits of the private equity funds investment .

a.

Legal

b.

General

c.

Limited

d.

Partnership

Question 7. _____________ nurturing means the continuous &ongoing investment of the VCF through representation in the board of the venture.

a.

Hands on

b.

Hands off

c.

Hands holding

d.

All of these

Question 8. Private Equity is regulated by ______.

a.

IRDA

b.

LIC

c.

UTI

d.

SEBI

Question 9. _____________ types of valuation method can be adopted by VCFs.

a.

1

b.

2

c.

3

d.

4

Question 10. Venture capital organized in _____________.

a.

1995

b.

1954

c.

1952

d.

1950

VCFs can be structured as an investment trust under the Indian act _____________.

Select one:

a.

1883

b.

1882

c.

1884

d.

1885

Question 11. The purpose of valuation is to assess the ____________ and viability of the venture & to divide of the percentage of the VCF ownership in the new venture.

Select one:

a.

Feasibility

b.

Profitability

c.

Availability

d.

None of these

Question 12. Which of the following is not the non-fund based activities?

a.

Securitization

b.

Merchant banking

c.

Loan syndication

d.

Venture capital

Question 13. ____________ is an interest free loan provided by VCFs without any predetermined repayment schedule.

a.

Conventional loan

b.

Income notes

c.

Conditional loan

d.

None of these.

Question 14. The venture capital process involves post investment Services is also called ____________.

a.

Investment nurturing

b.

Turn around financing

c.

Seed money

d.

All of these

In the ____________ method the entire earnings stream of the venture investment is considered.

 a. Conventional Valuation Method 

b. First Chicago Method 

c. Revenue Multiplier Method 

d. None of these.

The venture capital process involves post investment Services is also called ____________.

Select one:

a.

Investment nurturing

b.

Turn around financing

c.

Seed money

d.

All of these

Question 15. ____________ is used to estimate the value of venture capital investment.

a.

Dual structuring

b.

Revenue multiplier

c.

First Chicago method

d.

None of these

Question 16. Private equity is a ______ investment fund, as its Current market price cannot be easily determined and cannot be transferred for certain period of time.

a.

Close ended

b.

Open ended

c.

Fund

d.

Active

Question 17. In ____________ method the starting time & exit time of the venture investment is only considered.

Select one:

a.

First Chicago method

b.

Revenue multiplier method

c.

Conventional valuation method

d.

All of these

28

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

5th Module Assessment

AI is intelligence demonstrated by ________. Select one: 

a. Humans 

b. Machines

 c. Both of above 

d. None of these

KYC means____________.

Select one:

a.

Know Your Customer

b.

Know Your Character

c.

Know Your Card

d.

Know Your Creditor

Question 2. What is a blockchain?

a.

A client-server database existing on a limited number of nodes at the same time.

b.

A centralized database that holds a subset of all transactions on all nodes.

c.

A distributed database with a record of all transactions on the network.

d.

A standalone database with history of all transactions on various nodes.

Question 3. ________refers to non alteration of data.

a.

Confidentiality

b.

Integrity

c.

Privilege

d.

None of these

Question 4. In Electronic cash payment____________.

a.

a debit card payment system is used

b.

a credit card payment system is used

c.

a customer buys several electronic coins which are digitally signed

d.

RSA cryptography is used in the transactions

Question 5. For providing transparency in accounting and reporting procedures of banks, _____________ are introduced in 1992

a.

IRAC rules

b.

BASEL norms

c.

Capital Adequacy Norms

d.

None of these

Question 6. Indian Bank Association(IBA) is __________technology

a.

Infrastructure

b.

Insurance

c.

Banking

d.

Centralise

Question 7. Paperless banking is known as_________.

a.

RTGS

b.

Internet Banking

c.

EFT

d.

Mobile Banking

Question 8. _______is one of the problem with e- banking.

a.

Limited services

b.

Security

c.

Too many steps

d.

Convenience

Question 9. DBMS stands for ___________.

a.

Database Master System

b.

Database Management Structure

c.

Delivery Management System

d.

Database Management System

Question 10. EFT stands for:

a.

Electronic Fund Transmission

b.

Electronic Fund Transfer

c.

Electronic Feature Transfer

d.

None of these

Identify the Risk factors which are associated with Electronic payment system. Select one: 

a. Fraudulent use of Credit Cards 

b. Sending Credit Card details over internet 

c. Remote storage of Credit Card details 

d. All of these

Question 11. What is E-Payment?

a.

Electronic payment for buying and selling through the Internet

b.

Payment of Online Software

c.

Payment of Online Services

d.

None of these

Question 12. ______ allows a user to execute financial transaction via the internet.

a.

Location Banking

b.

Mobile Banking

c.

Home Banking

d.

Online banking

Question 13. ____________ banking refers to the use of technology and communication systems in delivering banking products and services to customers.

a.

Hi-tech banking

b.

Virtual banking

c.

PC

d.

Home banking.

Question 14. The characteristics of the computer system capable of thinking, reasoning and learning is known as_________.

a.

machine intelligence

b.

human intelligence

c.

artificial intelligence

d.

virtual intelligence

Question 15. _______________allows to process the data which is stored in data warehouse.

a.

Information Processing

b.

Analytical Processing

c.

Data Mart

d.

Data Mining

Question 16. USP for Oracle Financial services software__________.

a.

Seamless multichannel banking

b.

Business agilitydesigned for modern

c.

User Friendly, intuitive interface

d.

Increased Flexibility and interoperability

Question 17. __________ is not a part of E-Banking components.

a.

Strategic objectives for ebanking

b.

Investment/ Brokerage services

c.

Security and internal control requirements

d.

Scope, scale and complexity of equipment, systems and activities

27

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes

Assignment 2

Case Study


XYZ Mutual Fund has been constituted as a trust on December 27, 2019 in accordance with the provisions of the Indian Trusts Act, 1882. The Deed of Trust has been registered under the Indian Registration Act, 1908. The Mutual Fund was registered with SEBI on January 18, 2020. They attribute their success thus far to their 3 founding principles: Outside-in view — Communicate with customers in their language to assist them in taking the right investment decision. Long-term wealth creation — Encourage investors to create a long-term investment strategy and play a critical role in their wealth management. Long-term relationship — Build relationships beyond finances XYZ Mutual Fund is a professionally managed investment fund that pools money from many investors to purchase securities. Within a short span of time it becomes very popular amongst various investors. It provides comprehensive suite of savings and investment products across asset classes, which provide income and wealth creation opportunities to large retail and institutional customer. 

The single most important factor that drives XYZ Mutual Fund is its belief to give the investors the chance to profitably invest in the financial market, without constantly worrying about the market swings. To realize this belief, XYZ Mutual Fund has set up the infrastructure required to conduct all the fundamental research and back it up with effective analysis. Their strong emphasis on managing and controlling portfolio risk avoids chasing the latest “fads” and trends. ABC Ltd. has entrusted a sum of Rs. 10 Lakh as the initial contribution towards the corpus of the Mutual Fund. PQR limited looks after the operation and investment of Mutual Fund. PQR limited may undertake any other business activities including activities in the nature of management and advisory services to offshore funds, financial consultancy and exchange of research on commercial basis etc., subject to receipt of necessary regulatory approvals. In accordance with SEBI (Mutual Funds) Regulations, 1996, activities of PQR Ltd. are reviewed by CID Ltd. The Board of Directors of the PQR Ltd. and CID Ltd. comprises eminent personalities with varied experience. It has launched its new scheme recently. This scheme mainly invest (appx. 85%) its funds in equity & equity related instruments of top 100 company in terms of full market capitalization. This scheme has 1,05,00,000 outstanding units. NAV published on February 18, 2020 is Rs. 15 per unit. On February 19, 2020, XYZ mutual fund has sold investments worth costing Rs. 2,50,00,000 at Z 2,75,00,000. On the same day, XYZ Mutual Fund purchased investments worth Rs. 1,50,00,000 whose market value at the end of day is Rs. 1,51,15,000. Market value of investment sold was Rs. 2,74,50,000 on February 18, 2020. Current Assets and Current Liability on February 18, 2020 was Rs. 85,00,000 and Rs. 10,00,000 respectively. Market Value of other investment as on February 19,2020 is increased by 1% as compared to February 18, 2020.

Que: Which is not the type of Mutual Fund on the basis of “Structure”?

a.

Equity Schemes

b.

Debt Schemes

c.

Open Ended Fund

d.

Both A & B

Question 2. What is Minimum Networth requirement of AMC as per SEBI (Mutual Funds) Regulations, 1996?

a.

Rs. 50 Million

b.

Rs. 50 Billion

c.

Rs. 50 Lakhs

d.

Rs. 50 Crores

Question 3. Which Ratio measures excess return generated per unit of risk in the portfolio?

a.

Sharpe Ratio

b.

Treynor Ratio

c.

Jensen’s Alpha

d.

Sortino Ratio

Question 4. CAMEL stands for:

a.

Capital, Assets, Management, Earning & Liquidity

b.

Cost, Assets, Managers, Earning and Liquidity

c.

Cost, Assurance, Managers, Earning & Liquidity

d.

Cost, Assets, Management, Earning and Liquidity

Question 5. Liquid Fund invests in debt and money market securities with maturity:

a.

Upto 1 day

b.

Upto 10 days

c.

Upto 91 days

d.

Upto 100 days

We Also Provide SYNOPSIS AND PROJECT.

Contact www.kimsharma.co.in for best and lowest cost solution or

Email: amitymbaassignment@gmail.com

Call/what’s app: +91 8290772200

Assignment solution help, assignment answers help, Assignment Help, Synopsis and Project, Study Material, Exam Notes