COMMERCE EXAM PAPER - II-YEARS

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Time : 3 Hrs Max. Marks:100
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PART-1(50 MARKS)

SECTION:A

Answer any two of the following questions not exceeding 40 lines each. 2x10=20

1. Explain the function of capital market?

2. What are the different between money market and capital market?
3. What is the procedure of listing securities?
4. What is stock exchange ?explain its functions?

SECTION:B

Answer any four of the following questions not exceeding 20 lines each. 4x5=20

1. What are the aims of listing securities?

2. What do you know about NSE?
3. What is the role of commercial bank in money market?
4. What do you mean by certificate of deposit?
5. What is E-ipo?
6. What are the different between primary market and secondary market?

SECTION:C

Answer any five of the following questions not exceeding 5 lines each 5x2=10

1. What is financial market?

2. Money market?
3. SEBI
4. Commercial bill?
5. Organized money market?
6. Lame duck?
7. Stag?
8. What is unorganized money market?
9. Rights issue?
 SECTION:D

Answer any three of the following questions 3x10=30

1. A company purchases a machine for its manufacturing facility for 90,000 in january and as of
december has recorded only 11 months of depreciation. the machinery is estimated to have a useful life
of 5 years. what is the proper entry to record the year-end adjustment for depreciation , assuming the
straight-line method is used?

2.Using the declining balance method at a rate of 25%per year, what is the
depreciation expense for year 2 on a asset costing 100,000?
a.25,000

b.18,750

c.56,250

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SECTION:E

Answer any five of the following questions. 5x4=20

1. Define consignment, how it differs from sale?

(or)

Distinguish between straight line method and diminishing balance method?

2. Briefly explain different method of providing depreciation ?

(or)

How do you show normal and abnormal loss?

3. What is obsolescence?
4. What is statement of affairs?
5. What is delcredere commission?
6. What is over riding commission?

THE END.