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UGC NET DEC 2005 : COMMERCE PAPER III

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Signature and Name of Invigilator Roll No. (In figures as per admission card) 1. (Signature) (Name) Roll No. 2. (Signature) (Name) Test Booklet No. D 0 8 0 5 Time : 2 hours] (In words) PAPER III COMMERCE Number of Pages in this Booklet : 40 [Maximum Marks : 200 Number of Questions in this Booklet : 26 Instructions for the Candidates U U 1. Write your roll number in the space provided on the top of this page. 1. U DU U S U U U U U 2. U U U, U S U U 2. Answers to short answer/essay type questions are to be given in the space provided below each question or after the questions in the Test Booklet itself. U U No Additional Sheets are to be used. 3. U U U, - S U U U - S U U 3. At the commencement of examination, the question booklet will be given to you. In the first 5 minutes, you are requested to open the booklet and compulsorily examine it as below : (i) - S U U U U U U U S U U- U S S U U (i) To have access to the Test Booklet, tear off the paper seal on the edge of this cover page. Do not accept a booklet without sticker-seal and do not accept an open booklet. (ii) U DU U U U - S DU U U U U U U S DU / U U U U U S S U U U U U S U U - S U U - S U UQ (ii) Tally the number of pages and number of questions in the booklet with the information printed on the cover page. Faulty booklets due to pages/questions missing or duplicate or not in serial order or any other discrepancy should be got replaced immediately by a correct booklet from the invigilator within the period of 5 minutes. Afterwards, neither the question booklet will be replaced nor any extra time will be given. 4. U U 4. Read instructions given inside carefully. 5. One page is attached for Rough Work at the end of the booklet before the Evaluation Sheet. 5. U U- S (Rough Work) U U DU 6. If you write your name or put any mark on any part of the Answer Sheet, except for the space allotted for the relevant entries, which may disclose your identity, you will render yourself liable to disqualification. 6. U- S U , U U U U 7. U # U U- S U U U U U # U U U U 7. You have to return the Test booklet to the invigilators at the end of the examination compulsorily and must not carry it with you outside the Examination Hall. 8. / U Z U S U 8. Use only Blue/Black Ball point pen. 9. Use of any calculator or log table etc. is prohibited. 9. U ( U U) U U 10. There is NO negative marking. 10. U U D 0805 1 P.T.O. COMMERCE PAPER III - III NOTE : This paper is of two hundred (200) marks containing four (4) sections. Candidates are required to attempt the questions contained in these sections according to the detailed instructions given therein. (200) (4) S D 0805 2 SECTION - I U I Note : This section contains five (5) questions based on the following paragraph. Each question should be answered in about thirty (30) words and each carries five (5) marks. (5x5=25 marks) (5) (30) (5) (5x5=25 ) The concept of social responsibility is not new. Although the idea was already considered in the early part of the twentieth century, the modern discussion on social responsibility got a major impetus with the book Social Responsibilities of Businessmen by Howard R. Bowen, who suggested that businesses should consider the social implications of their decisions. As might be expected, there is no complete agreement on the definition. In a survey of 439 executives, 68 per cent of responding managers agreed with this definition : Corporate social responsibility is seriously considering the impact of the company s actions on society. (John L. Paluszek) A concept that is newer, but still very similar to social responsibility, is social responsiveness, which in simple terms means, the ability of a corporation to relate its operations and policies to the social environment in ways that are mutually beneficial to the company and to society . (Keith Davis and William C. Fredrick) Both definitions focus on corporations, but these concepts should be expanded (i) to include enterprises other than businesses, and (ii) to encompass relationships within an enterprise. The main difference between social responsibility and social responsiveness is that the latter implies actions and the how of enterprise responses. In this discussion, the terms will be used interchangeably. l , . S S S l , 439 68 Z ( ) D 0805 3 P.T.O. ( . . S ) - , ( . ) S (i) Q l (ii) l M Based on the contents of the above para, answer the following questions : Q 1. How and when the concept of social responsibility got major impetus ? ? D 0805 4 2. Is there complete agreement on definitions of social responsibility ? ? 3. What is the newer concept of social responsibility ? ? D 0805 5 P.T.O. 4. What is the main difference between social responsibility and social responsiveness ? ? 5. What was the result of the survey of executives ? # ? D 0805 6 SECTION - II U II Note : This section contains fifteen (15) questions each to be answered in about thirty (30) words. Each question carries five (5) marks. (5x15=75 marks) - (5-5) (15) (30) (5) (5x15=75 ) 6. State the incentives offered for the development of small enterprises in the Union Budget 2005-06. 2005-06 l D 0805 7 P.T.O. 7. What are the main areas of reforms in the public sector ? Explain. ? 8. What do you mean by financial leverage ? - ? D 0805 8 9. Define the term stock-split. S - ( S ) 10. Define stagflation. S D 0805 9 P.T.O. 11. Define price-leadership under oligopoly. - 12. In what kind of situations will you prefer secondary data ? S m ( ) ? D 0805 10 13. State three applications of chi-square test. -S S 14. How does corporate governance help in achieving the objectives of an organisation ? Z ? D 0805 11 P.T.O. 15. Name different theories of motivation. h 16. What is interest coverage ratio ? - ( S ) ? D 0805 12 17. State the reasons for material volume variance . - 18. What is career planning strategy ? - ? D 0805 13 P.T.O. 19. Mention three major differences between commercial banks and co-operative banks. 20. Define hedging . D 0805 14 SECTION - III U III Note : This section contains five (5) questions from each of the electives / specialisations. The candidate has to choose only one elective / specialisation and answer all the five questions from it. Each question carries twelve (12) marks and is to be answered in about two hundred (200) words. (12x5=60 marks) / (5) / (12) (200) (12x5=60 ) Elective - I (Accounting and Finance) U I ( ) 21. State the needs and importance of Human Resources Accounting in a large business organisation. 22. Differentiate between money market and capital market. - - 23. How do the venture capital funds help an entrepreneur ? - l ? 24. Explain the procedure of issuing GDRs. . . . ? 25. Critically examine the achievements and failures of Accounting Standard Board in setting accounting standards. D 0805 15 P.T.O. OR / Elective - II (Marketing) II ( ) 21. Explain the factors which you will take into consideration for market segmentation. 22. Describe various pricing strategies a marketing manager can adopt to increase market share. - h - ? 23. What do you understand by distribution channel ? What factors would help the manager in the choice of the channel ? ? ? 24. What is market penetration ? Discuss its implications with appropriate example. - ? Q 25. Discuss the steps to be taken by the marketing manager for launching a new consumer product in the market. Q - m OR / Elective - III Human Resource Management III ( ) 21. Differentiate between recruitment and selection. Explain the systems approach to selection of employees. S c S - D 0805 16 22. What is the difference between Training and Human Resource Development ? Why training is essential in a competitive world ? ? S ? 23. Describe the performance appraisal process. Do you think that managers should also be subject to performance appraisal ? ? 24. What is the need for co-operation between labour-unions and management ? o - ? 25. Examine the suitability of privatisation of pension funds. - Q OR / Elective - IV (International Business) IV ( C ) 21. W.T.O. rules make life easier for all . Elucidate. . . . - 22. Increased foreign trade means increased challenges to developing countries like India . Comment. - 23. What are the implications of foreign currency crises on international business in underdeveloped countries ? C ? D 0805 17 P.T.O. 24. What do you mean by fixed and flexible rates of foreign exchange ? Explain factors causing fluctuations in exchange rates. S ? 25. Define exchange control . Discuss the objectives and methods of exchange control. g OR / Elective - V (Income-Tax Law and Tax Planning) V ( ) 21. How will you determine residential status of an individual ? Q S ? 22. How is taxable income computed ? How is tax liability calculated ? ? - ? 23. How will you treat housing loan in the computation of income tax ? - ? 24. What are the powers of the Central Board of Direct Taxes ? 25. How can a political party claim exemption under section 13 A of the Income Tax Act ? 13 A ? D 0805 18 SECTION - IV IV Note : This section consists of one essay type question of forty (40) marks to be answered in about one thousand (1000) words on any of the following topics. This question carries 40 marks. (40x1=40 marks) (40) , (1000) (40x1=40 ) 26. State the objectives of corporate disclosure. Discuss the recent trends in the corporate disclosure with special reference to social reporting. g OR / The business organisations in India operate in a fragmented market . Comment what should a business organisation do to become a market leader in fast moving consumer goods (FMCG) market ? S ? OR / Discuss the main issues relating to financial sector reforms in India. Identify the future challenges in this regard. c S C D 0805 29 P.T.O.

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Additional Info : Ugc Net December 2005 Question Paper -Commerce Paper III
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