SESSION- MAY 2022
PROGRAM- BACHELOR OF COMMERCE (BCOM)
SEMESTER- 2
COURSE CODE & NAME- COMPUTER AWARENESS AND INTERNET (DCM1201)
Set – 1
1. a) Explain the Number System?
Ans: A number system is defined as a system of writing to express numbers. It is the mathematical notation for representing numbers of a given set by using digits or other symbols in a consistent manner. It provides a unique representation of every number and represents the arithmetic and algebraic structure of the figures.
The number system or the numeral system is
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b) Illustrate the decimal to Binary Conversion with suitable example?
Ans: All number systems have a base that is determined by the total number of digits represented in the system. The binary number system, for example, has a base of two since it only uses two digits to express a number. Similarly, the decimal number system has a base of ten since each number is
2. What are the major peripheral devices in computer system and what are their functionality?
Ans: Peripheral devices are those devices that are linked either internally or externally to a computer. These devices are commonly used to transfer data. The most common processes that are carried out in a computer are entering data and displaying processed data. Several devices can be used to receive data and display processed data. The devices used to perform these functions are called
3. List some advantages and disadvantages of serial file organization?
Ans: Serial access or sequential access means serial or sequential access of data, i.e., right from the starting address to the end address; data is serially picked up from the memory and transmitted one by one. Serial means ‘No Random Access’ which implies that if required data is present in the last address cells of the memory then the data that is present in the target address could only be fetched after all the data located in the initial addresses are read. An example of serial access memory
Set – 2
1. a) Explain the term distributed data processing?
Ans: Distributed Data Processing (DDP) can be described as the organizing of networked computers wherein the data processing capabilities are extended throughout the network. In DDP, particular jobs
b) List some important features of distributed data processing?
Ans: Features of distributed systems
Due to the ability of the distributed systems to perform a variety of tasks, independently, it has numerous features. Some of the features of the DDP system are listed as follows:
- DDP systems
2. Differentiate between parallel and serial transmission?
Ans: Parallel Transmission One or more bytes of data are sent over two or more wires. Each wire transmits one digit of binary code. Therefore, sending one byte (8 bits) of data requires 8 wires as shown in Figure . In this type of transmission, it is necessary to detect where each byte of data is separated from the next. Normally, this detection is made on elapsed time base. The interface of a printer with PC is a
3. a) What do you mean by digital signature?
Ans: Digital Signature (DS) follows authentication mechanism. A code is attached with messages in DS. Primarily, the signature is generated by hashing the message and then later this message is encrypted with the sender’s private key. DS is based on public key encryption. A signature confirms that integrity and source of message is correct. NIST (National Institute of Standards
b) List some characteristics of digital signature?
Ans: A digital signature is therefore a key part of the advanced electronic signature and qualified electronic signature, but not of the simple electronic signature. A simple electronic signature would be, for example, a personal identification number (PIN) entered at a cash machine or clicking on “accept” or “do not agree” on a “terms and agreements”
SEMESTER II
BACHELOR of COMMERCE (B COM)
SESSION May 2022
course CODE & NAME PROGRAM- 1202 Marketing Management
Set – 1ST
1. Write a note on classification of market based on:
A.Business volume
B.User
Ans: Business Volume or “BV” means the BV point value assigned to each product of Company. BV for each product detailed in List of Product Trading via Multi-level Sales Method of Company, can be amended and supplemented from time to time after notification to competent state agencie
2. Explain ‘Exchange’ and ‘Modern’ concept of marketing.
Ans: Exchange is an act of obtaining a desired product or service from someone by offering something in return. ‘Marketing’ occurs when people decide to satisfy their needs and wants through exchange. Marketing, thus, involves exchange of a product between a seller and a buyer based on monetary considerations. The exchange concept of marketing holds that exchange is the central idea of marketing Its Half solved only
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3. Describe PEST analysis with suitable example.
Ans: PEST analysis stands for “Political, Economic, Social, and Technological analysis”. It describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. It is a part of the external analysis when conducting a strategic analysis or doing market research, and gives an overview of the different macro environmental factors that the company has to take into consideration. It is a useful strategic tool for understanding
Set – 2ND
1. Write short notes on following topics:
- Brand Equity
- Promotion
A) Brand Equity
Ans: The brand must be positioned in a manner that it occupies a particular space in the consumer’s mind forever. This concept is called as “Renting mind space”. The positioning of the brand helps to answer questions such as “What is the brand?” and “What is in it for the consumer?” By providing the
2. (A) Distinguish between goods & services with suitable examples.
Ans:
| BASIS FOR COMPARISON | GOODS | SERVICES |
(B) What is the basic classification of goods?
Ans: 1) Consumer goods Market: They are also called as B2C (Business-to- Consumers) markets and here, products are purchased for consumption by end users or ultimate consumers. Alternatively called final goods, consumer goods are the end result of production and manufacturing and are what a consumer will see on the store shelf. We can further classify consumer
3. “Green marketing is gaining importance.” Do you agree? Give reasons.
Ans: Here, term ‘green’ is indicative of purity. Green means pure in quality and fair or just in dealing. For example, green advertising means advertising without adverse impact on society. Green message means matured and neutral facts, free from exaggeration or ambiguity. Green marketing is highly
BACHELOR OF COMMERCE (B.COM)
DCM1203_FUNDAMENTALS OF ACCOUNTING II
Assignment Set – 1
1. a) Explain del credere commission in consignment?
Ans: This commission is given to the consignee to cover the risk of loss due to bad debts. If the del credere commission is provided, then the consignee is responsible for all losses that might arise on accounts of bad debts. In other words, loss due to bad debts resulting from the credit sales is transferred Its Half solved only
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b) Arvind from Bandra sent 100 Bicycles costing ₹ 30,000 to Kavita from Thane on a consignment basis by spending ₹ 3,000 towards freight. Kavita spent ₹ 400 on cartage, ₹ 750 on godown’s rent and sold 80 bicycles. Calculate the value of unsold stock on consignment.
Ans:
2. Explain the differences between Departments and Branches.
Ans: A branch and a department may look similar because both are a division of the organisation, but the two entities are not same. A branch of an organisation may have many departments, but a department do not have any branches. We shall now look at the different basis of distinction, enlisted in the Fig. 1 which highlights the differences between the branch and the
3. Write the journal entries which are passed in the books of Landlord and Lessee in connection with Royalties.
Ans: Zen is the owner of Mine A, located in Gujarat. He enters a royalty agreement with Kapoor Ltd. As per the agreement, the minimum rent is Rs 5, 00,000 and the Royalty amount is Rs 100 per ton of production every month. The output in various years is as follows:
• 2017: 4000 tons
•
Assignment Set – 2
4. a. Describe the rights of a retired partner.
Ans: A retired partner continues to be liable to the third party for acts of the firm till such time that he or other members of the firm give a public notice of his retirement. However, if the third party deals with the firm without knowing that he was a partner in the firm, then he will not be liable to the
b. Explain the essential characteristics of a Partnership firm.
Ans: 1. Contract for Partnership
Partnership is the result of a contract. It does not arise from status, operation of law or inheritance. Thus, at the time
5. Rajesh and Ramesh are partners sharing profits in the ratio 3:2. Raman is admitted as a new partner and the new profit-sharing ratio is decided as 5:3:2. The following revaluations are made. Pass journal entries and prepare revaluation account.
(a) The value of building is increased by ₹ 15,000.
(b) The value of the machinery is decreased by ₹ 4,000.
(c) Provision for doubtful debt is made for ₹ 1,000.
Ans: Solution
6. How is a partnership firm converted into a company? Write the journal entries in the books of a partnership firm at the time sale of a firm to a company.
Ans:
- There should be a minimum of
BACHELOR OF COMMERCE (B.COM)
BUSINESS LAW (DCM1204)
Set – 1
1. Explain the essentials of valid contracts as per Indian Contract Act 1872.
Ans:
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2. Distinguish between “General Offer” and “Specific Offer”.
Ans:
| General Offer | Specific Offer |
| 1. General Offer is an offer to the public at large | 1. Specific offer is an offer to specific individual |
3. Briefly discuss the capacity of persons of unsound mind as per Indian Contract Act.
Ans: Section 12 of the Act defines a person of unsound mind as follows:
A person is said to be of sound mind for the purpose of making a contract if at the time when he makes it, he is capable of understanding it, and of forming a rational judgment as to its effect upon his interests. An idiot, lunatic
Set – 2
1. Explain the consumer grievance redressal machinery under consumer protection act 2019.
Ans: This Act aims to safeguard the interests of consumers and provides for the settlement of consumer disputes through Consumer Commissions. The old law relating to consumer rights, i.e. the Consumer Protection Act, 1986, was found to be obsolete, which is why the new Act of 2019 came to be enacted.
The Consumer Protection Act is a comprehensive and detailed law that contains numerous provisions aimed
2. Discuss the implied conditions in a contract of sale under sale of goods act 1930.
Ans: This Act governs the contracts relating to Sale of Goods. It deals with the contracts for sale of movable property like vehicles, furniture etc. The Act has prescribed rules and provisions pertaining to modes of transferring movable goods. It contains provisions stipulating the rights and duties
BACHELOR OF COMMERCE (B.COM.)
DCM1205 FUNDAMENTALS OF ENTERPRENEURSHIP & INNOVATION
Set – 1
1. Critically analyze the ‘Risk Bearing Theory’ propounded by Frank H. Knight.
Ans: Frank H. Knight (1957) regarded profit as the gift for taking non-insurable risks and uncertainties in his book titled ‘Risk, Uncertainty, and Profit.’ Entrepreneurship and riskbearing go hand in hand. Now let us have a look at the concept of risks. Some risks can be measured and can be Its Half solved only
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2. Evaluate the role of Entrepreneurial Development Programs in India in helping an individual to become a successful entrepreneur.
Ans: The four roles are being played by the EDP. These roles help an individual in becoming a successful entrepreneur. Let us discuss the role of EDP:
• Stimulatory role: This role focuses on influencing people to become an entrepreneur. This includes:
3. “Innovation is the hallmark of entrepreneurship”. Appraise the reasons for referring “innovation” as the basic function of an entrepreneur.
Ans: Innovation leads to creation, as a result of which new and improved products are
launched into the market. This brings about a surge in employability as new job avenues open up. With an increase in job
Set – 2
1. “Entrepreneur is generator of employment opportunities in a country.” Discuss.
Ans: An entrepreneur creates lot of employment opportunities for different sections of society. By generating opportunities, the entrepreneur adds to the economic growth. Setting up a new venture leads to creation of new opportunism for labour, supplier of inputs, supplier of industrial equipments, marketing
2. Discuss the legal requirements that are essential for an entrepreneur to focus upon while promoting an enterprise.
Ans: From forming a founders’ agreement to protecting intellectual property, entrepreneurs must be aware and
3. “The barriers are not the same for all individuals in the society.” Justify the statement illustrating the entrepreneurial journey of any first-generation entrepreneur of India.
Ans: 1. Financing
Getting funds for your business is one of the main issues that all businesses face and have to tackle to survive. While you might have saved initial money to start a business, it won’t help you survive for long. Steady cash flow is crucial for businesses to endure, and you always need to have extra funds to
B.COM
DCM61206 – ECONOMIC ENVIRONMENT IN INDIA
Set – 1
1. How does Human resources affect development of a nation? “Without development, economic growth is possible”. Comment on the given statement.
Ans: Without development, economic growth is possible. Sometimes, GDP increases but there are least improvements in living standards, implying economic development cannot be seen. The reasons are as follows:
• Sometimes, the benefits of Its Half solved only
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2. Discuss the classification of Technology. How does a Human factor affect development of a country?
Ans: With skilled human resources, a country increases the production of different goods and services. Human resources bring new technology, which is necessary factor in bringing development to the country. It also helps in the development of transportation, communication, the supply of labour, etc. Following
3. Write a short note on LPG? What changes did Liberalization bring in the Country?
Ans: Liberalisation Privatisation Globalisation (LPG) model of development was introduced in 1991 with the objective of making the Indian economy as the fastest developing economy. The reforms of LPG model were referred to as ‘structural adjustments’. Post LPG model, the growth of Indian economy went up as 8% per annum.
Normally, the gas is stored
Set – 2
1. “There is a direct and indirect relationship between poverty and unemployment”. Comment. Also discuss the steps taken by government to control unemployment.
Ans: Yes there do exist a direct and positive relationship between unemployment and poverty. Unemployment leads to poverty and poverty in turn leads to unemployment.
An unemployed person has no means to earn money and cannot fulfill his own and his familys basic needs. He and his family
2. Agriculture helps in economic development, industrial development and supply of foreign currency. Explain.
Ans: Role of technology in Health Advances: Technology has made advancements in healthcare facilities, such as artificial intelligence, robotics, or nanotechnology. Advanced technologies can help in early detection of health problems and thus decrease the mortality rate. The fast information
3. Discuss the role of Private sector in Indian agriculture and Employment Generation.
Ans: 1. Industrial Development:
During the pre-independence period, the private sector has played a responsible role in Indian economy where it set up and expanded cotton and jute textiles, sugar, paper, edible oil, tea etc. After independence, the national government gave sufficient stress on industrialization.
2. Agriculture:
In India agriculture and other allied activities like animal husbandry, dairying, poultry etc. are playing a dominant role as it contributes nearly 30 per cent of GDP and it provided employment to nearly 67 per cent of the total