Signature of Invigilators OCT-10/17 Rot ~foooo (In figures as in Admit Card) Rolll No. .. 2. (in words) Time Allowed : 75 Minutes] (Maximum Marks : 100 Instructions for the Candidates 1. Write your Roll Number in the space provided on the top of this page. 2. This paper consists of fifty (60) multiple choice type questions. AM questions are compulsory. 8. Each item has upto four alternative responses marked (A), (B), (C) and (D), The answer should be ‘ capital letter for the selected option. The answer letter should entirely be contained within the corresponding square, Correct method [A] Wrong method [A oR fal 4 our responses to the items for this paper are to be indicated on the ICR Answer Sheet under Paper II only. 5. Read instructions given inside carefully. 7. Youshoullsearn te eat tontsg ne rea fr rough work, a shout 7. return test, to. invigilator at: of; Id not paper with you outside the examination hel foe 8. There shall be no negative marking. 9. Use of calculator or any other electronic devices is prohibited. 10. Incase of any discrepancy in Gujarati and English version of Questions the ‘English version should be taken as final. waded w2 yaad : A. ML Mbt dati caldel wound aud devise evil. 2. ML WAL GASEUS GHz Read ge Wau (Wo) wed Oude B. MALY NA @2BrUEd. Beds at agal a4 sua ayAeus Guri aid 8, ¥ (A), (B), (C) A (D) a exfaani suay 3 wes Set aa at ae tart aba eae Bei Pha Chott MO) 8 caleatl ue ama 22a. vw [A] wa CA . fal ¥. a Newact wat auld ICR Answer Sheet «i Paper If Rowell <9 aude weurdai suai 2a, A Fie? aula gated sinenyds dial. 5. MW gsded wom ag Ug % SL MD Bd. Sa a NaS oe WR au sae A FAA AIM Ed, a se WAAL Hse La ad wal al. €. Ma wa WAAR gait we +. eyes 2A SasdMs Hild weds sand wud 3, NO, MaMa Meri eric tA aisle ouMidzMi AS Rei Bar und a aide aA eM aM auaad. Commerce-II 1 [P.T.0.]Commerce-IICOMMERCE PAPER - II eure VI This paper contains FIFTY (50) Multiple-choice/Assertion/Reasoning/Matching questions. Each question carrying’ TWO (2) marks. Attempt All the questions. FU deiuai Wa (Uo) oyPsclly weil, wave WA Ass Otadd Weil 8. PUM weit ait aarti B. Hels Mstet A (2) yoo. Sener The components of political environment include : (A) Legislative (B) Executive (©) Judiciary (D) All of the above In a country, the rate of inflation is managed by : (A) Supply of money (B) promotion of exports (C) Decrease in capital formation (D) Increase in imports Which one item is not the part of India’s annual budget ? (A) Expenditure proposal (B) Tax proposal (C) Generation of capital formation @) Major policy announcement Commerce-II 1 3. aur dla wala eae aZayi wag ALA a: (A) Sigel (B) arse (©) =a (D) GUL HAL % Bari gout 62a Fria seat ald B : (A) wuslil YRasl alae B) Psa Gaeet ate (C) ysl-Peileri azist 22 (D) AVAIL AAULRL att s§ As oad sued alls alerevred oust all ? (A) weld coud B) sz era (C) 4st Paleri aad ) Avectell MAL ded (P-1.0.]Foreign Trade (Development and Regulation) Act of 1992 was implemented : (A) For enhancing the volume of FDI (B) For regulating the FIIS © For facilitating imports in India (D) For generation of employment In which year PSUs were brought within the jurisdiction of the Board for Industrial and Financial Reconstruction : (A) 1985 (B) 1991 (C) 1995 (D) 1998 Under AS-9 interest for the use of cash-resources is recognised on a : (A) Receipt basis (B) Due basis (©) Time-proportion basis (D) None of the above Commerce-II 6. sel Aue (Asia 2A Raid) at, 1992 4 wadlsra srari 2uada + A) eal waa isa yeari aaizl sat ) Reel veuse Ww RiBa Sra CO) maatri 2LUdtell Brasi s2aL riisilell asl Aol Sra ailaiis Asia alelBis WA WF Yt UAL Fae’? fl egid don sar ali atau © MSe BAL eat ? (A) aeeu (B) ier (C) Wend @) vee Ravel di22-9 raate Zss-wReaat Gedo wed ad wa d + (A) Basel WAL YAO (B) wR WAL yor (C) BHA URALAL ULL 4BOL () Gueril Asua aRA liability taken-over by a partner at the time of dissolution is credited to: (A) Profit and Loss A/c (B) Partners’ Capital A/c © Realisation A/c ©) Revaluation A/c In case of amalgamation in the nature of purchase, liquidation expenses of the transferor company borne by the transferee company are debited to : A Profit and Loss A/e (B) Realisation Ale (C) Liquidation Expense A/c (D) Goodwill A/c Commerce~II 7. BaF wa curler ate Aavri aude vaurertl wat srarri 2a (A) Gust wud (B) eurflerrteur ygloud (C) wile mud @) yrferisa vid ALA Ve saa AAlSAAL eat sell UelZ1A aad wal, eadidRea aford ad AA Gare sravri 2d 8: (A) Guxvel end (B) wiRaud (©) vnerlel wud @) waslvud [P.T.0.]10. A company maintains a margin of 9, safety of 25% on its current sales and earns a profit of Rs. 30 lakhs per annum. If the company has profit-volume (P/V) ratio of 40%, its current sales amount to (A) Rs. 200 Lakhs (B) Rs, 325 Lakhs (C) Rs. 300 Lakhs @) None of the above Animesh Ltd. issued 10,000 shares 19, of Rs. 10 each at face value. The called up value per share was Rs. 8. The company forfeited 200 shares of Mr. Bhargavy for non- payment of Ist call money of Rs. 2 per share. He paid Rs. 6 per share for application and allotment money. On forfeiture, the share capital account will be : (A) debited by Rs. 2,000 (B) debited by Rs. 1,600 (C) credited by Rs. 1,600 @) debited by Rs. 1,200 Commerce-II 6 addtet Aue UR Sul 25% Yratell aM AB HA alls gt. 30 aril tal $2. A Sule asloowil year 40% da dl Ad adit Awa ed : (A) BL. 200 aL (B) BR. Su ay (C) 3. 300 aim @) Grariell Asya ale ~wPAM ARS 31.10 “iL 10,000 dad Bayer sete usa @. Lrele wisvell sha yeu at. 8 ol. A. ould, URAL PISA HIE 12-16 at. 2 fl yqsaall dl sraiell, sulla det 200 dad ma sul. aM A ww wr Ar-adavlln Ar-€ls 3. 6 Asda B. wl aarell ysloug : (A) Bl. 2,000 el Gale 4a (B) 3. 4,500 afl Gaz ad (C) a. 4,00 Al wat val @) al. 2,200 Al Gar ad1. 12. 13. Demand for a product depends upon : (A) Economic factors only (B) Economic and quality factors (C) External factors (D) Number of consumers only A consumer purchases a maximum of ten units of a product at any price. The price elasticity of demand for the product was found to be -0.5. When the price is Rs. 4 per unit, the consumer would buy (A) Ten units of the product (B) Six units of the product (C) Eight units of the product ) Four units of the product The indifference curves in an indifference map cannot intersect because : (A) B of their slope these curves represent different levels of utility (C) these curves are drawn for two goods (D) these are decided by the income -of the consumer Commerce-II 1. 12. Acta Hiv AURA B + (A) Sst 2ulls WReatl We (B) wills car yeradt WRowii We (© one wR ur oO ales Veatt Xeah 10 Asriell Sot mesic aoa UR wale 52 3. nial yeaaudade —0.5 ala &. wad evel Baa aL. 4 wl ASG cud oles weed : (A) Aetrt 10 As (B) Aeta oF Asal (C) Aetaett Oc Asi @) Aeta o Asi . AzeAett tsi zeal as MADE aul stl ad sea bs A) B) ad acu aitas ae yal Ra ude ead B mas AS Acre we davai mud 8 PAL dese rds Gueel 154 ©) oO seat a B (P-T.0.)14. 15. 16. The law of variable proportions works in which sequence ? (A) constant returns, increasing returns, diminishing returns ® Increasing returns, constant returns, diminishing returns « Diminishing returns, increasing returns, constant returns @) None of the above A price skimming strategy means : (A) Charging high prices initially and then reducing it as competition increases. (B) Introduction of the product at a very low price ©) Charging different prices in different markets @) Charging different prices from different consumers In stratified sampling, size of a sample depends on : (A) Homogeneity of a stratum (B) Number of stratums (C) Stratum size @) Cost allocated for taking a sample Commerce-II 14, 15. 16. alia wed Ra od sroreati sel ad: “ Add Ate, Vid Bd add AA, aad Yd amar f aad Vd AA, Aeiet War BWA Bed Yd andr aed Yd aMar, dad %_d aMdr BMA Adel AAA @) Gurawiill sidua acl aA Aard All Bud yseated, al B: (A) vara Gl Gua ewadl 27 wad edlerSui ari aa ae Gaaai aaish sai ®) Aeiar yo lel Bra wll omayi ysl . (Cc) BAe ani AR Bad zal @) AR wes Wel Aint Bad ayadl aazla Medaai, Meals se aie UWB: (A) Wf Asgrett GU (B) et2efl am Gur (C) Wt 56 BUR (D) Reda Aat we sida usar our B ©17. 18. 19. Which of the following is not a type of bar chart ? (A) Sub-divided (B) Percentage (©) Ogive (@) Multiple Which of the following is not a data collection and summarisation technique ? (A) Principal Component Analysis (B) ANOVA (©) Factor Analysis (D) Canonical Correlation Analysis ‘Most of the non-parametric methods utilize the following measurement : (A) Nominal scale (B) Ordinal scale (C) Ratio scale @) Interval scale Commerce-II 17. 18. 19. AMAL UA sei tour Us? AL WHI nell: (A) tid? Rota B) estazl (©) isla @) ws fat AA 6S auras wedld “Rsgollsre WA ards’ vel uala well: (A) yes oust Reauer (B) Ariat (Anova) (©) wRar Reauar (D) diese aurisia Beau aia. our Bet-wRaususts velar AA Aurel Guia 62-8 = A asd Sat (B) ss eeu Sa (C) ridra Sat @D) eine Sa (P.T.0.]20. 21. 22. The coefficient determination (R®) is defined as : Explained Variation 2 Ret Total Variation Unexplained Variation Total Variation (B) R? = Explained Variation Total Variation (D) None of the above (C) R= Which of the following is not the 21. functional area of management ? (A) Marketing (B) Production (C) Planning () Finance Principle of span of control refers _ 22. to: (A) Degree of control (B) Centralization (C) Number of persons under one direct supervision @) None of the above Commerce-II 10 of multiple 20. aga Talea (Rr?) tt aqeisa amd szanii ud & : amanda RR ict 7 ga aR Gt wiada Rima a4 AR 2 2Hdd Rita () R= ga AR at D) Greil sidue al (A) RB (B) R? = AA AS sa Noid sella ouaL well: (A) Bar (B) Gelert (CO) males @) waisla aigartt Madiadt Reid Mea $2 a: (A) 2igatedl ata B) Iflasra (C) naa Fela do abril dea (D) Grrriell SiS YA adl Se at23. 24, Informal organisation is created 93 by: (A) Management @ Immediate boss ©) Natural and spontaneous creation (D) Trade Union ‘Theory ‘Y’ was propounded by: 24. (A) Me. Gregor (B) Peter Drucker (©) FW. Taylor (D) George Elton Mayo . Which of the following is not the 25, stakeholder in business ? (A) Investor (B) Customer (C) Local Community () None of the above Commerce~II li ARS audad wea szari Wa a: (A) Awe wat (B) cesiclla Gul wsizl ateL (C) ass MA gerdl BAL MD) arudl ast aay df wltued sravai muda : (A) As Asie ae (B) Mee gsr ater (C) As.soey, 242 alee (D) BAF Reet Al az AA AN sie dani Caaars nal ? (A) Vhsrerste (B) dss (C) wis aye @) Gurriel AT at [P.7.0.}26. Some combinations of products, 26. services, information or experiences offered to a market to satisfy a need or want. It is known as : (A) Marketing Mix (B) Market Segmentation (C) Market offering (D) Marketing Myopia 27. It is the combined discounted customer life time values of all the companies’ current and potential customers. It is called as : (A) Customer Satisfaction (B) Customer Value (C) Customer Equity (D) Customer Delight 28. This approach to marketing attempts to recognize and reconcile the scope and complexities of marketing activities (A) The holistic marketing concept (B) The marketing concept (©) The selling concept (D) The product concept Commerce—II 12 27. 28. aa, weedl aaa aidordien Z2eis Wyld med Sree maar xghararr Udi We Acai, wadid sed. AA start wa B= (A) aaeBar Rat (B) var Rouyt (C) Ae BeddlsreL (D) oar (US) avila Aaa Sueflriei erect aay Aouad diesel ello aaa ware Yt ama wed yet B. AA sari Wa oO: (A) (B) © o Batt mV GIL oral uqhrricn svlaar 2a usstdtell weet AA AU Aesate waet Sra Ua B : sues adi sues Yer wes Sella BLES Date aL (A) xafollatyst oraz Bard eae (B) vaeatdi wud (© aad wud (D) eta, wa29. 30. 31. It is the set of all products and items a particular seller offers for sale. It is called as (A) (B) Product mix Product line (C) Product system (D) The product hierarchy It is a diverse collection of incentive tools, designed to stimulate quicker buying of a particular product or service by consumers or the trade. It is related to : (A) Advertising (B) Personal selling (©) Publicity (D) Sales promotion Which of the following are the micro-economic variables that help to define and explain the discipline of finance ? (A) Risk and return (B) Capital structure (C) Inflation (D) All of the above Commerce-IT 13 29. 31. “SS Bs Adal ater Aust wz Veredl mel medial wuz aes’? ad sharia @ : (A) Veta Qo (B) Asta Pre (©) Acta raleyaiela D) Aer rami . A ARIM slaues Wardid Asallsze1 Fel Vat AULA DUAL WEA GIRL AS As Aen saa Aa aa MRALA CAP S241 ANB. a voila a: (A) ABU (B) Weta AU (©) suet D) Aue rade AA VA sat aa2ulls acl, Ra aud amar s2at HA AHMAAUL Wee 62 Be (A) Bvt WA andr (B) ystuay, (© gud. @) Gur wa [P.T.0.}32. 33, 34. The.. wis the percentage change in operating income that results from the percentage change in sales. (A) Degree of financial leverage (B) Break-even point (©) Degree of operating leverage (D) Degree of combined leverage The multiple IRR are possible when : (A) cash flows in the early stages of the project exceed cash flows during the later stages (B) Cash flows reverse their signs during the project life (©) Cash flows are uneven (D) None of the above ‘When a firm advises its customers to mail their payments to special post-office collection centres, the system is known as : (A) concentration banking {B)_lock-box system (C) playing the float (D) post-office collection Commerce-II 32. 33. 34. sristclgurni esate) 8261 % Ari estudiar esr Ma ae (A) Arla-Gaudadi ria d (B) wige-Big B (©) selstl-Gruardi ra 8 () agRa IRR ws 8 wad + (A) WF seat UBALdell desstedl aysa-Gaudrd ria d Uss-uale, WAL AeSstAt ss-Maly Sra Ud ela (B) WFs2-sart ert Uss-Male, axel Fail oeeat ola (©) Wss-mate BIT did (D) Gurivriell AS rel ed AA acu oussir are ysaell fay Vieeriiunt warFe vr alsaadl ate 2d dB a velar eal ad: (A) 3R act AG (B) disoiise vale (©) arid 4d wD) Were va35. According to Net-operating income approach the average cost of capital : (A) declines as debt-equity ratio increases (B) increases as debt-equity ratio increases (©) remains constant irrespective of changes in debt-equity ratio (D) Keeps on fluctuating with increases in debt-equity ratio 36. The final factor in deciding the supply of manpower is : (A) Issuing advertisement (B) Preparing replacement chart (C) Analysing labour markets (D) Auditing present employees 37. 360 degree appraisal is : (A) Evaluation based on key incidents (B) Order of rating from best to worst (C) Comparing rates to one another (D) Evaluation by boss, peers and subordinates 38. The most reliable and valid tests are generally (A) Attitude test (B) Intelligence test (©) Personality test (D) Performance test Commerce-II 35. 36. 37, 38. 15 abet seller whom wud ysl aad + (A) si-5elél yotin? aaat wa ae a (B) eei-Sslldl ypiin2 asar wa aa a (C) maSsdlél asin seenat cai AAA UO (D) wa-Selld yeinz ava wa aae aut 42 3 Hiriaalbdll Yrastd ASSl Sal Wed aiRH wR & : (A) marta DiUdL (BY Yt wid awd dar 42d (©) als ated Brad MD) ete lurid aiGe seq 360 Slaton yeaisn B + (A) aiclgu azn sala youise (B) Arse Tet sad dioadt 64 Malaeed gst (CC) Asolea yeuiddlaiil aurell (D) Brel wMsizl, avstarled ae cla AL suze ate yerist aia Za allel ay Raueella ar Me seildledl (A) aetet salidl @) alexa sald (C) aber sella @) ema Feu said [P.2.0.}39. 41 42, In an incentive plan workers’ pay is determined by : (A) Management (B) Profits (C) Seniority (D) Performance . Group incentives would work best among : (A) Accountants (B) Salesmen (©) Assembly line workers (D) None of the above Which one of the following is not a financial institution ? (A) Reserve Bank of India (B) Finance Ministry (C) State Bank of India (D) Life Insurance Corporation ‘The Deposit Insurance and Credit Guarantee Corporation of India was established in the year : (A) 1978 (B) 1968 (C) 1988 (D) 1996 Commerce—II 39. 40. AL. 42. 16 Mewes dix viccla sludleiidd WU ASSL SAH 2A B : 7) ®) © @) a sea aad: (A) Rawedtleil (B) Sdauril (C) Asia out serra (D) Greviiel 4S aul ee AA 6S wetisa azn vel : (A) ouadla Rad aes (B) An Haar (C) Ra Ars dls SFSu @) vada wat Rar Reve “q Buissle Sala Aes Be AA sia vis dPsu? fl zara AA ati s2arai ad edi : a ®) © @) Aree ata MSLALZSAL LAL avec alee Ruud al wieatled Gna wa laaiai e9e Vese eee wees44, 45. Commerce-II . Which of the following statements is not true ? (A) The Corporation of India provides long financing The Industrial Development Bank of India re-discounts Industrial Finance and medium term ®B) commercial bills The Reserve Bank of India invests in the equity market The State Bank of India gives loans to small businesses Which of the following is not a component of Credit Risk ? (A) Payment Default (B) Exchange Rate Fluctuations (C) Counter Party Risk (D) Political Risk Cooperative Banks are meant for the : (A) Rural Economy (B) Urban Economy (C) Semi-rural Economy () Globalized Economy «) ©) . What risk should a firm dealing in international business protect itself from : (A) Risk of Life (B) Political Risk (©) Risk of Earthquake @) Risk of Injury AZ 43. 45. 46. fan VA sur Mardi au ell ? (A) IFCT dist aA Ha OWL AL rua yz ws d (B) IDBI ata alaras Medd yor eddl Baani swtas ye: amar sri mad B (C) madla Rad se er dr emi st Rai WA B @) ez Hs rile Sout az ay, Geil WZ Mee aA ua a . AAR A si TRU Bod out sell: (A) asaelai ale (B) Alaa erlai aaaz (©) wi Vase AL D) dessa Bove wasial Agi AL da o : (A) antler aie (B) 2 waar (C) ~LsuPar afer (D) Abas rasa miazegla daenweyi sled AMA su MSIL BAA Vette, 2ALEL SF BSA: (A) arid Bot (B) wesdla Bor (©) ardléud Avr M) Sad Br (P.7.0.]47. 48. 49, Commerce-II Under Liberalized Exchange Rate Mechanism in India : (A) Exporters were allowed to retain part of their earnings in foreign exchange (B) Tourists were allowed to carry unlimited foreign exchange (©) Foreign exchange transactions for imports were restrained (D) None of the above The “Soft Loan Window” of World Bank is : (A) International Monetary fund (B) International Finance Corporation (C) International Development Agency (D) Asian Development Bank Intellectual Property Rights : (A) B) Are licensed through patents Are related to non-physical products (C) Are related to technology (D) All of the above In which year the GATT was formed ? (A) 1950 (B) 1947 (c) 1970 () 1975 18 47. 48. 49. ada Ger Raa 62 Bula viata = (A) stastzin deiit Rell aaetll was Rawr Bzall aaeri aad reatdl urarsafl suai 2uddl edl natalia sald Reel ae ad wat taal anda ed avudd HAL ssl AaetaL awit MaTAct Sri MAL él @) Gurwriell Ad al fea dsl 2H alt ourlfish’ Bo: a) (B) ©) (B) (C) aide uaisa cisia aida cueigla Foe aiazarga Bsa weal @) AR Asia as os aula seh : (A) Revert alae AMAga sai WA 8 (B) wad eal wa asia d (C) 2sridio wa xia B (D) Gur Cal % sac atti 2 (GATTY Al zat szai ddl edl ? (A) 1e4o ®) ese (C) 4690 @M) 1694Commerce-II ROUGH WORKROUGH WORK