1st Sem 2013 Bcom

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I ' '
. 4 (Sem 1) COAC (Ml)

2013

COST ACCOUNTING

(Major)

Paper : Major 105

Full Marks:80
. . ■ ■ . ^ ■ r' .
Time : Three Hours

The figures in the margin indicate full marks


for the questiansi '

Answer all questions.


. ' ;r ;■

1. Answer as directed : 1x10=10


(i) Cost Accounting is generally concemed with
internal reporting for managerial requirement
(state whether the statement is tme or False).

Contd.
(ii) Cost is expressed in per physical unit
(like metre, kg, km,tonne etc.) State whether (vi) Stock verification sheets are maintained to
the statement is True or False. record the result of . (Fill in the
blank)
(Hi) Calculate the value of raw materials
(vii) Time and Motion study is conducted by Pay
consumed if Raw materials purchased
roll Department (state whether the statement
^ 88,000, Opening stock of raw materials
is True or False).
^ 1,00,000 and Closing stock of raw
materials ^ 1,23,500. (vii) Cost of Abnonnal idle time is transferred to
. (Fill in the blank)
(iv) Select the most appropriate :
(ix) Select the most appropriate :
Material control covers
'.''H Wage sheet is prepared by the
(a) Purchase of Materials
(a) Personnel Department
(b) Issue of Materials
(b) Pay-roll Department
(c) Storing of Materials
(c) Cost Accounting Department
(d) All of the above.
(d) None of the above.
(v) Materials should be issued by the storekeeper,
against slip. (Fill in the blank) (x) Overhead cost is the aggregate of indirect
material cost, indirect wages and .
(Fill in the blank)
4(Sem 1)COAC(MI)/G 2
4(Sem 1)C0AC(Ml)/G Contd.
Machine hour worked 900 hours
Administrative overheads 20% of
2. Answer the following very briefly : 2x5=10
works cost selling overhead ^ 5
(i) Write the meaning of cost classification. per unit
units produced 17,100 unit^
(a) State at leastfour items of expenses / losses
which will not form a part of the costs as units sold 16,000 units @ ^ 40 per unit
per Cost Accounting. You are required to prepare statement of cost,
showing cost and profit per unit sold. 5
(Hi) Write the meaning of Merit Rating.
(it) Statefive features of a good cost accounting
(iv) Write the meaning of cost apportionment.
system. 5
(v) What basis would you follow for distribution
(Hi) Writefive causes ofunder or over absorption
of the following overhead expenses to
of overheads. 5
departments ? Factory Rent, Municipal Rent
and Taxes, ESI, Store service expenses. Or

3. (i) The following information relates to the Writefive objectives of departmentalisation


manufacturing of a staildard product during of overheads. * 5
June 2013
(iv) Briefly describe the Process Costing
Amount in ^ procedure. 5
Raw materials 2,00,000.
Direct labour 1,00,000
Machine hoiir rate 50

4(Sem 1)COAC(Ml)/G Contd.

4(Sem 1)COAC(Ml)/G
Or 28^^ Jan. 700 bags at ^ 213 per bag

Briefly describe the accounting treatment of 30^ Jan. 300 bags at ^ 224 per bag.
the following while preparing Contract
On 31^^ January, 2013, the physical stock was
Account
1,200 bags. You are required to calculate the value
(a) Depreciation of Plant of the stock on 3P* January, 2013 according to

(b) Gash Ratio and Retention Money. (i) FIFO method


2+3=5

(ii) LIFO method and


4. Barpeta Rice Enterprise do not maintain perpetual
inventory system. Only physical inventory was (Hi) Average cost method. 10
taken at the end of each month. The physical
inventory at the end of Dec. 2012 showed 200 Or

bags offine rice at^ 212.25 per bag.The following


purchases were made during the month of January, Explain briefly the meaning of Maximum Level,
2013 Minimum Level and Re-ordering Level in the
maintenance of stock in an organisation. What
3''^ Jan. 400 bags at ^ 218 per bag are the factors that goyems the fixing of these
levels ?
Jan. 90Q bags at ^ 223.50 per bag

15^ Jan. 400 bags at ^ 220 per bag

4(Sem 1)COAC(Ml)/G Contd.


4(Sem 1)COAC(Ml)/G
5. From the following particulars, prepare the labour
cost per man day of 8 hours. 10
6. Describe briefly the principal accounts to be
(i) Basic pay ^ 5 per day maintained in the Cost Ledger and state their
functions. 10
Dearness allowance ^ *25 per every point
over 100 cost of living index for working Or
class. Current cost of living index is 700
points. Why in Reconcilation of Cost and Financial
Accounts necessary ? State the possible, reasons
(in) Leave salary, 10% of (i) and (it) for differences between profit shown by both the
accounts. 5+5=10
(iv) Employer's contribution to Provident Fund
8% of (i), (ii) and (in)
The following expenditure was incurred for
(v) Employer's contribution to State Insurance producing 190 units of a standard product
2.5% of (i), (a) and (in)
(vi) Expenditure on amenities to labour ^ 20 per Materials issued (200 units) 8000
head per month
Direct labour 6000
(vii) Number of working days in a month 25 days Indirect expenses 4000
of 8 hours.
Normal wastage 5% of the input.
Or
Prepare Process Account and Calculate the per
Write short notes on : 5+5=10 unit cost of the good units if :
(i) Job Evaluation (i) Scrap value of wastage sold at ^ 33 per unit
(ii) Job Analysis. (ii) Scrap value of wastage is nil. 10
4(Sem 1)COAC(Ml)/G 8

4(Sem 1)COAC(Ml)/G Contd.


Prepare Contract Account in columnar form and
Or state what profit or less (if any) should be
transferred to Profit and Loss Account of 2011
The following figures relate to two jobs of a supposing maintenance expenses to be ^ 200 per
building contractor month for each contract. 10

Contract A Contract B
Amount ^ Amount ^

Total expenditure upto


31st Dec 2010 77,784 34,414

Wages paid in 2011 20,472 4,219

Materials issued in 2011 31,556 1,429

Indirect expenses charged in 2011 1,050 115

Plant transferred at valuation to


other contract on 30^^ 2OII 550 38
(Originally charge at cost to
these contracts)
Total Contract Price 1,38,905 27,578
In each case the work was actually completed on
30^^ Nov. 2011 but contract could not be
considered as completed until the maintenance
period of six months had expired on 31st May
2012.

4(Seml)C0AC(Ml)/G 11 5000
4(Sem 1)C0AC(M1)/G 10
Total number ofprinted pgges-4
4(Sem-1) RAMF(Ml)

2013

RURAL AND MICRO FINANCE

(Major)
Paper : 105 (F)
Full Marks:80

Time : Three hours

The figures in the margin indicate full marks


for the questions.
All questions are Compulsory,
1. Answer as directed : 1x10=10
(i). State the meaning of rural environment.
(ii) State the meaning of micro credit.
(Hi) What is meant by rural industries ?
(iv) What is meant by refinance ?
(v) State the essence of a Co-operative Society.
(vi) What are the objectives of private money
lenders?

(vii) State the sources of rural finance.

Contd.
Or
(viii) State the features ofhandicraft and handloom
industries. Discuss the essential features of rural
economy of India. 5
(ix) What is meant by self help group (SHG)?
(x) What are the sources of institutional finance (b) Examine critically the success or failure of
for rural sector ?
green revolution in India. 5
Or

2. Answer as directed : 2x5=10 Analyse the significance of rural and cottage


industries in promoting rural employment. 5
(a) Mention the composition ofrural economy ;
and state how it is different from urban
economy. (c) Discuss the different types of micro credit. 5
Or
t
(b) State the major forest resources of north east
India.
Discuss the role of indigenous bankers in
the Indian economy. 5
(c) What are the problems of handloom
industries of Assam ? (d) Explain the role of Gaon Panchayat Samabay
Samiti (GPSS) in rural development. 5
(d) State the problems encountered by
Co-operative Institutions of Assam. Or

Discuss the problems encountered in


(e) Mention two features of primary agricultural
conducting rural credit survey and state the
credit co-operatives.
objectives of such survey. 5
3.. Answer the following :
(a) Explain the need for micro finance and state
(a) Examine the urban-rural linkage and explain the mechanism of micro-credit delivery
their mutual complementary role of one over system. 10
the other. 5

4 (Sem-1) RAMF(Ml)/G Contd.


4(Sem-l)RAMF{Ml)/G 2
Or Total number ofprinted pages—4
Examine the population structure of India 4 (Sem-1) RAMF(Ml)
and their different segments as per the
2013
Census Report of 2011. State the steps
adopted for human resource development by
RURAL AND MICRO FINANCE
the Government of India. 10
(b) Examine the problems of and extent ofrural (Major)
indebtedness in India. State the steps adopted Paper : 105 (F)
to mitigate the problems. 10
Full Marks:80
Or
Time : Three hours
Give an account of co-operative movement
in India for promotion of economic The figures in the margin indicate full marks
development. 10 for the questions,

(c) Describe the Reserve Bank of India's (RBI) AH questions are Compulsory,
policy on credit allocation to rural sector. 10 1. Answer as directed : 1 x 10=10
Or (i) State the meaning of rural enviromnent.
Discuss the importance of agriculture and (ii) State the meaning of micro credit.
its contribution to Indian economy. lo
(Hi) What is meant by -rural industries ?
(d) Elaborate the scheme of credit extended by
commercial banks to rural sector. iq (iv) What is meant by refinance ?
Or
(v) State the essence of a Co-operative Society.

Explain the government policy adopted for • (vi) What are the objectives of private money
lenders ?
rural industries. 10
(vii) State the sources of rural finance.
4(Sem-l)RAMF(Ml)/G.
2000 Contd.
Or
(viii) State the features ofhandicraft and handlooni| 9

industries. Discuss the essential features of rural


economy of India. 5
(ix) What is meant by self help group (SHG)%
(x) What ^e the sources of institutional finance (b) Examine critically the success or failure of
for rural sector ? green revolution in India. 5
Or
2. Answer as directed : 2x5=l( Analyse the significance of rural and cottage
(a) Mention the composition ofrural economy industries in promoting rural employment. 5
and state how it is different from urbai
economy. (c) Discuss the different types of micro credit. 5
Or
(b) State the major forest resources ofnorth eas!
India. Discuss the role of indigenous bankers in
the Indian economy. 5
(c) What are the problems of handloor
industries of Assam ?
(d) Explain the role ofGaon Panchayat Samabay
(d) State the problems encountered b Samiti (GPSS) in rural development. 5
Co-operative Institutions of^ssam. Or

(e) Mention two features of primary agriculture Discuss the problems encountered in
credit co-operatives. conducting rural credit survey and state the
objectives of such survey. 5
3. Answer the following :
(a) Explain the need for micro finance and state
(a) Examine the urban-rural linkage and expl^i the mechanism of micro-credit delivery
their mutual complementary role of one ov< system. 10
the other.

4(Sem-l) RAMF(Ml)/G 4 (Sem-1) RAMF(Ml)/G Contd.


Or
Total number ofprinted pages-7
Examine the population structure of India 4(Sem 1) HRMN (Ml)
and their different segments as per the 2013
■ Census Report of 2011. State the steps
HUMAN RES. MGT.
adopted for human resource development by
the Government of India. 10 (Major)
(b) Examine the problems of and extent of rural Paper : 105 M
indebtedness in India. State the steps adopted
Full Marks : 80
to mitigate the problems. 10
Or Time : Three hours

Give an account of co-operative movement The figures in the margin indicate full marks
in India for promotion of economic for the questions.
development. 10.
Answer all questions.
(c) Describe the Reserve Bank of India's (RBI)
policy on credit allocation to rural sector.. 10 Choose the correct answer : 1x10

Or (a) The linking pin role ofthe personnel manager


Discuss the importance of agriculture and indicates :
its contribution to Indian economy. iq (i) Policy initiation by the personnel manager
(d) Elaborate the scheme of credit extended by (ii) Representative role of the personnel
commercial banks to rural sector. iq manager
Or
(Hi) Maintaining good industrial relations
Explain the government policy adopted for between management and workers
rural industries. 1q
(iv) Leadership role by the personnel
manager.
4(Sem-l) RAMF(Ml)/G 2000
Contd.
(b) Which one ofthe following is not an advantage
of piece wage system ? (e) TQM stands for

(i) Incentive for Higher production (i) Total Quantity Management


(ii) Insecurity to workers (ii) Test Quality Management
(Hi) Lesser supervision
(Hi) Total Quality Management
(iv) Fairness.
(iv) Total Quality Meager.
(C) Human Resource Management is the
management of employees' : (f) The point method ofjob evaluation is a
(i) Skills and Aptitude (i) Qualitative technique
(ii) Abilities (ii) Quantitative technique
(Hi) Knowledge
(Hi) Field review technique
(iv) All the above.
(iv) Boih (i) & (ii)
(d) Which degree of health hazard exists inspite
of installation of safety devices in a factory ? (g) Quality circle is associated with

(i) First Degree (i) disaster management


(ii) Second Degree (ii) impression management
(Hi) Third Degree
(Hi) stress management
(iv) Fourth Degree
(iv) participative management.

4(Sem 1)HRMN(M1)/G 4(Sem 1)HRMN(M1)/G Contd.


(h) 'Golden Handshake' is associated with which i Write very short answers {within 30 words) to
of the following area in HRM. 1 any five questions. 2x5=10
(i) Procurement (i) What is downsizing ?
(ii) Compensation |
(ii) What are the basic steps involved in
(in) Maintenance * 'I International HR activities ?

(iv) Separation. 1
(Hi) What is repatriation ?
(i) In the. selection process an interview which!
follows a set sequence of questions is called
(iv)' Describe Kaizen.
. I
(i) Stmctured interview j (v) What is a free interview.
(ii) Unstructured interview j
I (vi) What are perquisites ?
(Hi) Field review technique j
I

(iy) None of the above. ' 1 (vii) What is the link between Globalization and
HRM.

(j) The Factories Act was brou^t into effect in'


the year Write short answers on anyfour of the following :
{within 100 words) 4x5=20
(i) 1947
(i) What are the essentials of a good selection
(ii). 1948
policy ?
(in). 1950
(ii) Describe the various types offringe benefits.
(iv) 1954

4(Sem 0HRMN(Ml)/G 4(Sem 1)HRMN(Ml)/G Contd.


Differentiate between internal and external
(Hi) Distinguish between traditional and virtual
organisation.
recruitment process. Which process would you
adopt in case of a software organisation ? 10
(iv) Briefly describe the concept of sbc sigma.
OR

(v) What are the objectives of wage and salary' What do you understand by placement and
administration ? <
induction ? State the various objectives of
induction.
(vi). What is a learning organisation ?

Write briefly on any two of the following :


State the managerial and operative functions of 5x2=10
HRM.' 10 (i) Retrenchment
OR
(ii) Exit interview
Define HRM.State how the concept ofemployees'
is uridergoing changes in recent times. (Hi) Financial md Non Financial Incentives.

(iv) Intemational Human Resource Management.


What -is Job evaluation ? How does it
contribute to effective manpower planning in
an organisation ? 10

OR

What factors affect wages ? Give your view


regarding the wage policy adopted by the
government in recent times.

4(Sem 1)HRMN(M1)/G 3500


4(Sem 1)HRMN(M1)/G
Wotal number of printed pciges-20
4(Sem 1) FACT

2013

FINANCIAL ACCOUNTING-I

Paper : 103
Full Marks : 80

Time : Three Hours

The figures in the margin indicate full marks


for the questions.

Give the meaning of the following : 1x10=10


vsqvs Roii<P^ I^Flt I

(a) Annual Financial Statement

(b) Accounting.Concept
«rR»rt

(c) Liabilities

(d) Sectional balancing Ledger

Contd.
(g) Hire charge ■ slf^UW. 21^

(f) Default by hire purchaser (b) Write the two defects ofsectional balancing
, ledger,
^
*tKf^ I
(g) Right of lien of Hire vendor

^ ficvfr^sH (c) State the two essential features of Self


Balancing Ledger.
(h) Minimum rent in Royalty Account
1%T^ ^jvovi
(i) Lock out in Royalty Account (d) Mention in brief the distinctions between
'Repossession' and 'Partial Repossession'.

(j) Patent Royalty

(e) Write the significance of Royalty Suspense


2. Write the answer very briefly : 2x5—11 account.

^ip3ff %
pBit 1
(a) Mention two roles of Accounting principled
y \ ''

in preparation of financial statement.


4(Sem 1)FACT/G Contd.
4(Sem 1>FACT/G 2 ,

.1
3. Write the answer of the following briefly : Or

5x4=2d
How does Sectional Balancing Ledger help
in internal check system.

(a) "The limitation ofFinancial Accounting has *tM^


limited its application in decision making.^
— Give your remark on this statement.
(c) What is full Cash Price Method in Hire
Rj>M purchase ? — Write a brief note.
^ ^I" — ^

Or Or

"Accounting is the language of business' Asian Product Limited purchased a machinery on


Giv^ instalment basis from Hari Kausik Enterprise on
your opinion in this regard.
the following terms :
— ifil; c^3iX5
21^ PlPiwovid 1%!%^ ^
1^1

(b) Mention the essential features of self ,(i) Cash down payment at the time of
balancing ledger system. signing the agreement on 1.1.2008 was
Rs 10,811.
^5rR*nfl?i 71^
, ■ ; 5%^
2008 10,811^^511^
fell
4(Sem 1)FACT/G
4(Sem 1)FACT/G 5 Contd.
(ii) Five annual instalments of Rs 770Oj (vi/ Accounting year end6d on 31st
the first to commence at the end of December in each year.
twelve months from the date of cash
down pajmient. ^

^^ 12 c*|^
Calculate the cash price,ofthe machine.
7700
. ^1 •

(iii) Interest at 10% p.a. is charged by the


seller. :
(d) Write in short the accounting system of
sublease under Royalty Account.
10% ^^ I ^ "HSh
(iv) Depreciation at 20% p.a. on machinery
was written offas per diminishing value Or /
method.
■ " . 1
'" LMN Corhpany limited is engaged in the
20%^^.51^ ; manufacturing of magnifying glasses. The
Company leased a machine from ABC
^1 ' ; limited ori 1.1.2008 for this purpose.
(v) Machinery was sold for Rs 15,000 on
LMN;
the completion of payment of^ vsff^ I
instalments.
2008 ^^ ABC RlRti5CV!d<i

15000 ^^1
4(Sem I)FACT/G 4(Sem 1)FACT/G Contd.
The terms of the lease are as fbllows :
^I

(1) The lessee should pay Rs 5 for everjj (4) The, royalty are payable on 31st
December of each year.
magnifying glass produced.

^1^ 5 Wi I betails of magnifying glass produced


are

(2) The rninirrmm rent shall be Rs 10,00(^


■ . !:rf^
pa. M' ■ • 'I' • ' ' •
R?<PiR^
. y ;iV)' ' ' '
• ^ 10,000 1
,1!! Mii
Year 2008 2009 2010 20U 2012
(3) The lessee may recover any|
'Units 1600 1900 2460 1840 2720
shortworkings in the first year oi • (

operation out ofthe excess working it^ ' , You aip required to calculate shortworking.
the next two follpwing years
Shortworkings in the second or
subsequent years may be recovered out
ofariy excess in the year next following 4^ Name the diffesrent parties interested iii accounting
that in which the shortWorking arose /-information and explain why they need it.

asm
■ ^SRH ?rt^ 1^ ^1
f%
" 10

4(Sem 1)FACT/G 8 Conti,


4(Sem 1)FACT/G
Or/
Balance of Sundry Creditors as on 1.3.2013
Write the basic features of accounting principle! : - . ' . Rs 7720

and state the accounting principle Substance ovj 9tf|^ 2013'^5t^


legal form. ' Balance of Sundry Debtor as oh 1.312013 Rs 5500
. 2013

Credit Purchases . 80,000


3RI .
6+4=1^
Bills Receivables from Custdiriers , Rs 5000
5. Sliri Ganesh Enterprise has three ledgers in usj
a Debtor Ledger^ a Creditor Ledger and J Return Outward > Rs 100
J^oriiiiial Ledger which are kept on self balancing ^ felt
' system: ' ^
Allowance I'eceived , Rs 800
From the following particulars, prepare Debtors' ^sflf^
Ledger At^ustment kJc and Creditors' Ledger Credit Sales Rs 100,000
Adjustment A/c as woul^ appe^ in the Nominall
Ledger for the month of March' 2013. 1
Interest on Customer's Accounts
^ <(wirivo 'stfeR *5,^ __l Overdue for payment Rs 700
stj^, ^
(l^minal) | 1%i%^ 2013^ ^' Collection from Debtors ' - Rs 58,000
^^^rtsfRc, ,11%^ (Nominal Ledger)
'WiR lySfeR %fv[ ^I Sales Retum " Rs 1200

4(Sem 1)FACT/G 10
4(Sem 1)FACT/G 11 Contd.
Credit Balances transferred from,
. 1 . - ' . ■ •
Or

Purchase Ledger to Sales ledger Rs 15tt


The following is a summary of the transaction of
Puja Enterprise for the month of September 2013.
2013 W
Cash Sales • Rs. 4000|
111^ . -
TT-JjPf 1%#t

Bills Receivable Dishonoured Rs 1400) Balance of Control account on


August 31, 2013 — Debtors Rs 62,400
ft
! : ,• ; ' ■
31 2013^
Paid to Creditors Rs 26,000] —

Balance of Control account on


Bills Payable accepted Rs 4,000 August 31' 2013 — Creditors Rs 36,800
ftn sl^
31 2013 ^

Allowances to Customers Rs 201


Sales as per sales book .. Rs 58,600
211^^
Bad Debt written off Rs 120
Return inward Rs 2,200

Debit Balances tran^rred from Debtor's


Purchases as per Purchase Book Rs 29,600
Ledger to Creditor's Lodger Rs 50(f
^cfRt^
Return Outward Rs 860

. loi ?Rt W ftn


4(Seml)FACT/G 12 4(Sem 1)FACT/G 13 Contd.
Gash received from Debtors Bill receivable (Not dishonoured)
, endorsed to creditors' ;: Rs 500
Cash Paid to Creditors cmm'

. Debts due from debtors set off, against.^ .


Discount allowed by Creditors
the amount owing to them as creditors Rs 590
CWccilc<p.
Discount allowed to Debtors

Provision made for bad and doubtful debts Rs 2500


Bills receivable received from Debtors v5|^%^
• ^ ^
Bills receivable dishonoured. Provision made for discoiiiit on Debtors Rs 270
1%! (T(:Tt?W tW%ll ^^^^
Noting Charges charged to debtor You kre required to make

(a) Total Debtors Accoimt and


Bad debts written off
(b) Total Creditors Account. 5+5=10

Bills accepted

4(Sem 1)FACT/G 14 4(Sem 1)FACT/G 15 Contd.


6. On Isf January' 2010, Mainul acquired furniture The Compahy after incurring Rs 200^towards
on the hire purchase system from Samiran Product repairs of the furniture sold the items for Rs 1800
Limited, agreeing to pay four semi annual j on 15^ October 2010.
instalments of Rs 800 each, commencing on 30^1 Show Hire Purchase Sale Accounts, Mainul
June 2010. The cash price of the item was Rs
Accounts(Hire Purchaser) arid Goods Repossessed
3010 and an interest of 5% p.a. was chargeable. Accounts in the book of Sariiiran Product Limited.
' ■ > 2+4+4=10
2010

200^^^15^5R^t^'
2010'5=1^ 30^^5tftc^^5rl^ 800
^^sTTOi ^1
2010^5|Rc4 1800^5^^i5n5^t^R#t^^5^
^3010"5^^ ^^5%.
On 30^ September' 2010, Mainul expressed his
£i^ 1 .
inability to continue and Samiran Product Limited
seized the property. It was agreed that Mainul • Or /
would pay the due proportion of the instalment
upto the date of seizure and also a further sum of Emon Motor Service Company purchased a motor
Rs 200 towards depreciation. At the Time of car on instalment payment system from Sunny
repossession, Samir^ Product Limited valued the Motor Limited on 1.1.2008 under which payment
furniture at Rs 1500. was to be made on December 31 for 4 years
@ Rs 50,000 per annum,interest being calculated
30 2010 I5c?r(^
at 5% p.a. The cash down price of the car was
Rs 1,77,300.. Depreciate the car at 10% p.a. on
<pRc°i I ^
the Diminishing Balance Method. Write up the
Motor Car Account and Vendor Accoimt in the
^pR^^^5iw?iwR^ ^ 200 book of Emon Motor Service Company over the
R^i first four years. 5+5=10
si^RfRzito 1,500 ^iPif<tiRtci I
4(Sem 1)FACT/G 16 4(Sem 1)FACT/G 17 Contd.
The output of the fu'st four years were (figures in
,'s^'^Rjvp ^ PiPicGvb^ ^ 200^ tons) :
\5tto;§5^^5%^ I 31 50,000
40t <ilf^ ,Rf^ 5^ FiRst %f^)
<pfi<]'lq <i*n<i^^I ^3T'=s>fj%^ TP
2008 — 12,000, 2009 — 30,000,
1,77,300 WM ;v£P»is,1^^H 10^^
X5I^^ ^P=5#^ ^
I Ffj^ 2010 — 60,000, 2011 — 5.6,000
C^M^^'<|51v5"^tR -SttfR tll^M^RC!J5^5hI
%M£t^^l i Prepare Shortworking Account arid Mr. Anil
•. ■ , ■"' I Account (Landlord A/c) in the book of Hiren.
5+5=10
On 1.1.2008, Hiren acquired on lease from Mr,
Anil, certain ihica fields at ^minimum rent of rJ
48,000 p.a., merging into a royalty of Re i pj '2ms ^ I '
ton of mica ore raised. The shortworkings werel
recovered in next two years of such shortworkingsj Or / ^7^
only, but on condition that if full shortworkings!
could not be recovered in the next year, Hirenl Pragati Company Limited holds a lease of coal
would lose Ms right to recover 50% of thei mine from Usha Limited at a royalty of Rs 2 per
unrecoVered balance of shortworkings.
. ■ . : ■. ■ ' ' ■ V "K; ■ h".' , ■ - ^ ton of coal produced with a minimum rent of
1.1.2008 erf^ ^ I ^ Rs 4000 p.a., the shortworkings being recoverable
' ^

48,000 ^ 4R fte^ -s^ out of the royalties of the next two years.
I ^#q?[R^ a5tl% (35^1#! PlRcBtvij ^ PiRcGvm 'Rt WlR
C^JIR
lifst srt^ ^ 2 Wlc<p
<l^vs
^ 400Q «fRf ^ I
^ 'Rt C5RR I
4 (Sem 1) FACT/G 18 19 Contd.
4 (Sem 1) FACT/G
After working in the mine for two years Pragal lotal number ofprinted pages-}2
Company Limited sublets parts of the mine to IV 4 (Sem-l) INFS
Limited at a royalty of Rs 2.50 per ton witii t 2013
minimum rent of Rs 2000 per annum. M Limilec
has right to recover shortworking during the firs
INDIAN FINANCIAL SYSTEM
three years of the sub-lease.
Paper : 104
Full Maries :80

Time : Three hours


2000 ^ (sublease;'
fel I The figures in the margin indicate full marks
for the questions.
(sublease) 1^x5^ -sprt
1 Answer either in English or in Assamese.

Annual Production (In tonnes) ^tfw Choose the most appropriate answer from the
multiple choices given against each : 1x10=10
2008 2009 2010 2011 2012
R<p?i<
Pragati
Company 1200 1400 1900 2000 2000
Limited (i) "Financial system basically refers to the
M. Limited 700 800 900 . transfer offunds from surplus sector to deficit
sector of an economy" This statement is :
Calculate shortworking, royalties receivable an^
payable by Pragati Company Limited ^^
SfecGf :
(a) True -
am%it^ 3?^ T|cpfi ^1 I^
(b) False -

Contd.
4(Scm I)FACT/G innnrfc
(ii) Capital market deals with
(b) 1935
t31Uo vgfj^ ?

(a) Short term fund


(c) 1948
iJaSb-^

(b) Long term fund


(d) None of the above

c^HuJiw^

(c) Both (a) and (b) (iv) Which of the following is not NBFI ?
(b) ^55^^ c<pHu5t 1^€t?r ?

(d) None of the above (a) IFCl

(Hi) RBI was established in —i-. (b) UTI

Fill in the gap with appropriate word


(c) SBI

(a) 1934
(d) LICI
bJ!>vs8 ^
%R %rf
4(Sem-l)INFS/.G
4(Sem-1)INFS / G Contd.
fd) All of the above
(vj 'At the time of granting loan commercial
^tffe 1
banks occupy the position of creditor". The
Statement is :
fviij 'Merchant Bankers provide mainly fee-based
financial services'. This statement is :
1 <4^ :
'■5^^ c^sC^'
(aj True - I ^ ^l^asr;

fbj False - (a) True -

(b) False -
fvij Depository system is constituted by :

(viii) At present the total number of nationalised


commercial bank in India is :
(a) Depository Participant
"5^

(^J Investors and issuers (a) 14-:5 8^


(b) 20 -

(cj The depository (c) 28 —

(d) 19 -

4(Sem-l)lNFS/G Contd.

4(Sem-l)TNFS/G 4 .
(ix) IRDA is a body which regulates the (a) Trading of new issues of new companj
following :

'=5Tit. ^
^:
(b) Trading of new issues ofexisting company
(a) Insurance Sector

%n ^

(b) Banking Sector (c) Both (a) and (b)

(a) (b)

(c) Both (a) and (b) (d) None of the above

(a)^(b)

(d) None of the above Answer the following questions in about 50 words
each: 2x5=10

(x) Which of the following is related with the' (a) Define Scheduled bank
primary market ?

4(Sem-l)lNFS/G 4(Sem-l)INFS/G
> > > f/!
(b) Name any three credit rating agencies
(b) Write a note on call money market.
xol^xs^ fhRiyf c^rD\^2|I^®]r|^

(c) What is 'Commercial paper'? (c) Explain the role of co-operative banks in
Indian economy.
1% ?

(d) Who is depository participant ?

(d) State the basic features of financial services.


(e) State three benefits of hire purchase system.

(e) Explain the advantages of mutual funds in


3. Answer any four of the following questions in I India.
about 200 words each ; |
^<=1^ v2lT?l ^.oo^ "*1^ j
^: 5x4=20 J
(f) "Stock Exchange is the 'Economic Barometer'
(^) Distinguish between bank and Non bank.
of a country" Explain the statement.
Financial institutions
?T (yf^

4(Sem-l)INFS/G
4(Sein-1)INFS / G Contd.
Or
(g) Briefly highlight the functions of a modem
"What is Capital market ? Explain the methods of
commercial bank.
issue of stock in Primary market. 2+8=10

^sncoTi^'sfl^^I . wtw ^Rjv^R) RRr


I .

4. What do you mean by financial system ? Discuss


the important functions of financial system. 6. Define leasing. How can you differentiate leasing
I

from hire purchase system ? Explain. 3+7=10


-^Picci ? R^Sl^
^sitCSTf^^l . • 2+8=10 PiRtn^ R?it I RiRfx ^5rr¥ ^sriw 1%

Or/WW
Or/^smMt
'A well developed financial system is the basis for
the development of the economy of a country". What is credit rating ? Discuss the advantages and
Critically examine the statement. iq disadvantages of credit rating in our country.
■»
2+4+4=10
^

5. State the various defects of Indian money market.


Also suggest the necessary measures to remove 7. state the year of establishment of SEBI ? Describe
these defects for the development of Indian the measures taken by SEBI for protection of
economy. 5+5=10 interest of investors. 2+8=10

^ RRjsl v£i»fD>l^^ ^5^ I


xsRrSlii ^
i

4 (Sem-1) INFS / G 11 Contd.

4(Sem-l)INFS/G 10
Or /

Tolal number of printed pagesS


Critically examine the traditional and modern 4 (Scm 1) BOED
functions of R.B.I. 10 2013

BUSINESS ORGANISATION
AND ENTREPRENEURSHIP
DEVELOPMENT
Paper : 103
Full Marks : 80

Time : Three hours

The figures in the margin indicate full marks for


the questions.
.1 ■, •. .

, 1 ' ;• , i' ' • Answer all the questions.

Answer as directed : i>ao=io

^0^ :

(a) Which one of the following is a benefit of


rationalisation ?

\Dci\o Jj|Vjl\s<H

(i) Encouraging competition

4(Sem-l)l'NFS/G

Contd.
(c) Which one of the following is an advantage
of franchising ?

(ii) Supply of poor quality goods ffanchising (CSRFilftO ^

(i) Creation of market


(Hi) Increased efficiency
<ivsrH^

(ii) Breaking the marketing channel


(iv) Excess workload

(Hi) Disallows MNCs entry into the


(b) Venture capital is not provided to which ond domestic market
of the following reasons : <qvsjl^\c,(Tff^^sn^

(d) Give one reason for low productivity


(i) High-risk venture
1^ <4^ %it I

(it) Early stage venture (e) Give one measure that the Government has
adopted to promote Entrepreneurship
development in the country,
. (Hi) Low risk venture

(iv) High potential venture


4(Sem 1) BOED /G Cohtd.

4(Sem l)BOED/G 2
(f) Name one area of miero-enterprise in which Write short answers on the following :
a small entrepreneur can invest in. 2x5=10
^01^0 :

(i) Give two advantages of Multinational


(g) Name one organisation which conducts rural Corporations.
entrepreneurship development programmes
in Assam.
(ii) Economic Environment of business

(h) Theory X & Y on Motivation was (Hi) Industrial productivity


propounded by (Fill i^ the blanks).
"X & Y"^ '^\S^
(Iv) Quality control

(i) Give one example of Horizontal


Combination. (v) First generation entrepreneur
fwT I
v2lvgr^

(j) Name one incentive announced by the


Government of India to encourage
Write short notes on any five of the following :
4x5=20
entrepreneurs in export trade.

(i) Joint Sector


(Sl^ ^

4(Sem l)BOED/G 4 4(Sem I)BOED /G Contd.


(ii) Acquisitions and Mergers

(Hi) Virtual Organisation Discuss the features and the problems associated
"Virtual" with an MNC. 20
(iv) McClalland's Theory of Entrepreneurship o^^vsrlRxp
SwjRvsl "McCIailand" ^ i ^1

(v) Franchising OR

Define Joint Sector and discuss its importance in


the Indian context.
(vi) Entrepreneurship education
1\W|
SwjRvoK PW
4. What is meant by an Entrepreneurship Development
Programme ? Discuss the requirement for a course What do you understand by productivity ? What
content of ED? for small business. , iq
are the principal causes of low productivity ?
10

^Picoi 1% IJgff ?1^


OR c31Pi4 1% t% ?
State the functions of an entrepreneur. How does OR
un entrepreneur contribute towards healthy growth
of a nation's economy ?
What is 'Complete consolidation' ? Also explain
the causes of industrial combinations in India.

wHsiii ^1% ?#^«pg^Hvs<|<vsiswlf^

4(Sem 1)B0ED/G 6

4(Sem l)BOED/G Cohtd.


Total number ofprinted pages-8
7. How would you analyse the external factors before 4 (Sem 1) BOED
conceiving the idea of a new Business ? Discuss 2013
also the legal obligations in this regard. 10
BUSINESS ORGANISATION
AND ENTREPRENEURSHIP
i% ? >£it ^ DEVELOPMENT

Paper : 103
Full Marks : 80
OR
Time : three hours
Explain the reasons for providing assistance and
incentives to entrepreneurs. In this connection The figures in the margin indicate full marks for
describe the government assistance available to the questions^
the entrepreneurs.
Answer all the questions.
>i<pcicci ^^^1^1:71^
t. Answer as directed : 1x10=10
^frstt ;

(a) Which one of the.following is a benefit of


rationalisation ?

V0C1VD

»•

(i) Encouraging competition

Contd.
4(Sem I)BOED/G 10000
(c) Which one of the following is an advantage
(ii) Supply of poor quality goods of franchising ?

Wfo %rf c<pHu3t franchising (C5R^ftft\) ^


(Hi) Increased efficiency
(i) Creation of market

(iv) Excess workload


(ii) Breaking the marketing channel

(b) Venture capital is not provided to which one


of the following reasons : (7/(^ Disallows MNC's entry into the
domestic market

<l<^vSrlR)v2lR)^lr|^

(i) High-risk venture


(d) Give one reason for low productivity
^ *f\<p|^^e' v2ri%^5t7r
c^^cf %1T|
(it) Early stage venture
(e) Give one measure that the Government has
adopted to promote Entrepreneurship
(Hi) Low risk venture development in the country.
■f^ v2|j%^
(iv) High potential venture

4 (Sem I) BOED /G Contd:

4(Scm l)BOED/G
(f) ■ Name owe area of micro-enterprise in which 2. Write short answers on the following :
a small entrepreneur can invest in. 2x5=10
M i

(i) Give two advantages of Multinational


(g) Npme one organisation which conducts rural Corporations.
entrepreneurship development programmes-
in Assam.

2f|iu SiijRvol ^ (ii) Economic Environment of business

.wn?i^
(h) Theory X 8c Y on Motivation was (Hi). Industrial productivity
propounded by (Fill in the blanks).
"X & Y"^
(iv) Quality control

(i)' Give one example of Horizontal


Combination. (v) First generation entrepreneur
I

G) Name one incentive announced by the Writ^ short notes on any five of the following :
^ Government of India to encourage
4x5=20
entrepreneurs in export trade.

(i) Joint Sector

4(Sem 1) BOED/G Contd.


4(Sem 1) BOED/G
(ii) Acquisitions and Mergers
5. Discuss the features and the problems associated
(Hi) Virtual Organisation with an MNC. 10

"Virtuar'

(Iv) McClalland's Theory of Entrepreneurship


OR
"McCIalland"^^!

(v) Franchising Define Joint Sector and discuss its importance in


the Indian context.

(^Q\ 1%f vsit^ v»NV0<l4'\!) v£it ^^v2lClJl\ST^d^l


(vi) Entrepreneurship education

4. What is meant by an Entrepreneurship Development 6. What do you understand by productivity ? What


• Programme ? Discuss the requirement for a course are the principal causes of low productivity ?
content of EDP for small business. 10 10

R<pi*t^fbR
v£RrT cSlI^ 1% 1% ?

OR OR

State the functioris of an entrepreneur. How does What is 'Complete consolidation' ? Also explain
an entrepreneur contribute towards healthy growth the causes of industrial combinations in India.
of a nation's economy ? ^<pGl<P<^ctTitCJT1% ?

vgfnD?! ^ 6blci1\o

4(Sem l)BOED/G 6

4(Sem 1)BOED /G Conid.


oial number ofprinted pages-8
1'. Flow would you analyse the external factors before 4(Sem 1) FINS
conceiving the idea of a new Business ? Discuss
2013
also the legal obligations in this regard. 10
FUNDAMENTALS OF
INSURANCE
Paper : 101
Full Marks :' 80

Oi? Time': Three hours

Explain the reasons for providing assistance and 'fte figures in the margin indicate full marks for
incentives to entrepreneurs. In this connection the questions.
describe the government assistance available to
the entrepreneurs. Answer all the questions.

f^^pcc?/ S\s^ <pR<ti)


7|t^r?u ^5[R3

I (A) State whether the following statements are


true or false : 1x3=3

%rT :'

(i) Premium is the share of profit payable


by the insurer to the insured.
!

■sttw ifi&t %it %ff


- 1^9iT ^I

Contd.
4.(Sem 1) BOED/G 10000
(ii) Insuring a life or a property with two
insurance companies simultaneously (Hi) Principle ofindiemnity does not apply
is called re-insurance.
to insurance.

^%rr ^
. up! C^5M ^I
(iv) The head office of United India
(Hi) General Insurance business was Insurance Co. Ltd. is situated at
nationalised in the year 1972.

197215^ %rf
. <pl<riqii ^ ^5[tc^ 1
(B) Fill in the blanks : «tlf^ ^.: (c) Select the correct answer : 1x3=3
1 x4=4

(0 The question of third party


administrator (TPA) arises in respect (i) • Who is temied as national reinsurer ?
of insurance.
(?FRlT^ ?
v5)volii v2t*t1^ (1) National Insurance Co. Ltd.

(2) The Oriental Insurance Co. Ltd.


(W Material facts should be disclosed (3) United India Insurance Co. Ltd.
during _— stage of the policy.
%5rr >\mL^ (4) General Insurance Corporation
of India.

4(Sem 1)FINS/G

4(Sem 1)FINS/G Contd.


(ii) In which year IRDA Act was passed ? (b) What is meant by nomination
^Ricoi i% 1
(c) Define reinsurance
(1) 1956 ^^
fWf
(2) 1972
(d) State two features of Unit-Linked policy.
(3) 1999

(4) 2000
(e) What is pension plan ?
(in) The head office of GIC is situated at :

(1) Kolkata 3. Write short notes on any four of the following :


5x4=20
(2) Mumbai

(3) Delhi f^St=s (a) Group Insurance

(4) Chennai %IT

(2) ■ Write brief answer to the following questions : (b) Moral hazard : . m

2x5=10 .mxitioj

wpc iwt :
(c) Insurance broker
(a) State the meaning of surrender value
TTsrPfe I

4(Sem 1)FINS/G 4 4(Sem 1)FINS /G Contd.


5. Distinguish between : 5+5=10
(d) Surveyor and loss assessor

(i) Whole life Policy and Endowment policy


(e) Personal Accident Insurance
%rr iliifp 'SIRS %rf •'#ifp

(f) itisurarice gmbudsman (ii) Insurance and Wagering agreement

(g) Revival of lapsed policy OR

Define 'material facts'. State the material


facts that must be disclosed by a proposer of
4. What are the basic principles of insurance ? .an insurance contract. 2+8=10
Explain each of them briefly. 10

>2R5i»t <pR<ifft%it flpiT i


10
OR
6. Explain the procedure of claims settlement under
Discuss the advantages ofinsurance to a business a fire insurance policy. 10
concern.
%5rr IP# -51^

10

4(Sem 1) FINS /G Contd.


4(Seni 1)FINS/G
OR
Total number ofprinted pages-15
Discuss the procedure of taking out a Marine 4(Sem 1) BMAT
Insurafjce policy, ,'
2013
WTfHT WI
BUSINESS MATHEMATICS
10
Paper . 101

State organisational pattern of GJCL Name three Full Marks:80


private sector insurance companies operating in Time : Three Hours
Assam. 7+3=10
The figures in the margin indicate full marks
R^^®t Rill 1 for the questions.

1. Answer the following questioris : 1x10=10


OR

State the'essential qualities of a successful


insurance salesman. Under what circumstances a (i) Define null set.
licence of an insurance agent is cancelled ?
6+4=10

(it) What is the value of log 100 ?


1%1% ?NT
log 100^^1%^?

4(Sem 1)FINS /G 6000


Contd.
(Hi) What is the value of ^P3 ? ^ (4, 3) CW
hR)V1M1^ s

(a) I
(iv) State whether the following relation is correct
or not. 0

^5^ "pRTf 1
4
n /nt n/^

(v) What.is the tenth term-of the following A.P. f'f ft


series ?
Give the definition of function of a single
variable.

7,4, 1, ... I

(^0 Define diagonal matrix.


(7x^ Fill in the blank ^^^0^)
1^«f I

Choose the correct answer : (TC)— .... whereX denotes the,volume of


dx
^s output

The slope of the line passing through the


^vgrfiic^i
origin and the point (4, 3) is :

4(Sem 1)BMAT/G- 2 4(Sem 1)BMAT/G Contd.


(x) Fill in the blank ^rit; s
(iv) If y-x^ y ^en find
X' dx
The variables associated with linear
programming problems are called

StSR't lilUH
C^l (v) Mention one property -of determinants.

1^cti^ w§y^ ^I
2. Answer the following questions : 2x5=10

Answer the following questions : 5x4=20

ly If"C,2 = "C8,findM.

"C|2 = °Q^ '(FT 1^=1^ I (a) A man saved Rs. 16,500 in ten years. In
each ye^ after the first he saved Rs. 100
(ii) Prove that (aTFt^(?() more than he did in the preceding year. How
much did he save in the first year ?
1 I 1 -1 1 -1
log„(abc) logi,{abc) log^{abc) 16,500^ 1
(Hi) Find the slope of the line passing through
the points (-3, -5) and (7, 9). 100 I 'srl^^^vgR^f <jb3^vo

(-3, -5)^(7, 9) ^rf^snin

4(Sem 1)BMAT/G 4(Sem 1)BMAT/G Contd.


Or/^^ Or/^ft^

A borrows Rs. 20,000 from B at 3%


Mr. X borrows Rs. 32,760 without interest
compound interest and agrees to pay both
and agrees to pay back in 12 monthly the principal and the interest in 10 equal
instalments, each instalment being twice the instalments by paying at the end of each
* preceding one. Find the second and the last year. Find the amount of each instalment.
instalments. [Given : log (1.04) = 0.0170,
Antilog (T.8300)=0.6761]
1^ 32,760 ^ 12^
<pRcci ^ M ^3% ^ 20,000 "6^
Wr s^t#^ ^^ 1(J5|
j^e\ I ^srR; c*r^ Wr "^rt^sitcf
^Rt I WR ^.|
[1^ s log (1.04) = 0.0170,
flj) A machine depreciates every year at the rate
of 10% of its previous value and its scrap
Antilog (T.8300)=0.6761]
value at the end of 4 years becomes (c) In how many ways a team of 11 players can
Rs. 1,31,200,. Find its original value. be selected out of 15 if (i) one particular
player must be there in each t^am and
£lfS) ^CU (ii) one particular player is excluded from
each team ?
10%^^ 1^31^200
^VJi I W6R^^ WI 15 ^ ^ 11 ^r%t vfi^
^(i) 1%»R
^(ii)
2|f^ W RR%

4(Sem 1)BMAT/G 4(Sem 1)BMAT/G Contd.


(d) Prove that ^(TT) 4.
A company is considering which ofthe three
methods of production it should use in
producing three goods A, B and C. The
1+«i 1 1
= <2ia,fl3| 1+ —+—+-^ amount of each good produced by each
1 1+^2 1
a, rt2 ^3 method is shown in the following matrix :
1 1 1+ flf3
A B G

Or/^rl^ Method 1 4 8 2
Method 2 5 7 1
Method 3 _5. 3 9_
3 1"
Show that the matrix >4 = satisfies
-1 2 The column matrix [10 4 6] represents the
the following matrix equation : profit per unit for A, B and C in that order
Using matrix multiplication find which
method maximizes total profit. 7
-5^4+7/=0 where 0 denotes 2x2 zero
matrix.

^1%^ 81«ir^ C^Sl^


■ 3 1" ^ to ^
c£J vsqvs Rfli
-1 2

A B C
A^ -5A +7I=0 0^ 2 X 2^ 1 ~4 8 2~
£t«n^ 2 5 7 1


1 3 _5 3 2_

4(Sem 1)BMAT/G 8
1 4(Sem 1)BMAT/G 9 Coritd.
(.aTlq-qj-ap [10 4 6]^ A, B ^5iH» C^ 5. (a) Establish the equation of a line in the fonn
£tf% ^ 0^1^ y = mx+c. 5
c^5|^ sicft^
y = mx+c
CTI^ TRff^^1^<#^I
(b) Find the equation ofthe line passing through
Or/^ri^ the point (—2, 3) and having (i) equal
intercepts on the axes, (ii) intercepts equal
Solve the following equations by Cramer's in magnitude but opposite in sign. 5
rule :
(-2,3) cm
1^ ^5^ (i) X ^sjR; y v5j^ C^^*t
-
(ii) X^^y^ ^ ^

;ii;+ y+z=3
Or /
2x+3y +4z =-l
x +2y-4z=-l The amount demanded of a commodity is
zero units when the price is Rs. 100 and
(b) In how many ways the letters of the word 1000 units when the price is zero. If the
accountants can be arranged ? demand curve is assumed to be a straight
line find its equation.
ACCOUNTANTS ft^rR «Rcct
• 3
c^Ti?it ^ 100 <i^c^K

1000 ^I

4(Sem 1)BMAT/G 10 4(Sem 1)BMAT/G 11 Contd.


(b) Find (i) average profit function and
6. (a) (i) If(^)/(^)= prove (ii) marginal profit function for the following
that (srsrf^f^C^) /(a)+f{b)=f{a+ b). total profit function (27). Evaluate them at
3 2= 3 and Q = 5.

(ii) Find —- /7= e'-13e+78 5


x-^O X

(77) (i)
Urn (ii) sff^^WT I X=3
.v->0
X=5 ^ I
Or/^ri^
77 = 2^-132+78
The total cost C of producing x items
is given by : Or / =73^

[1000+5x, when 0 < x < 500


C=
12000+4x, when 500 < x < 2000 Show that the maximum value of x+i
1 .
IS

Show that C is discontinuous at


less.than its minimum value.
X = 500.

X ^^ C %
c= flOOO + 5x, C?l1^ 0<x<500
(

.,2000 + 4jc, 500 < X < 2000

CT X = 500^ C I

4(Sem 1)BMAT/G 12 4(Sem 1)BMAT/G 13 Contd.


7. (d) Integrate 2x2—4
Find the maximum value of z=5x,+3^2
(i) \^^x{l+x)dx subject to the following constraints :
2xi+X2<1000
. (ii) J(3x^ +5x:+10)ife X, <400
X2 < 700
Or/'it^l
Xj, Xj ^0
If the mai^ginal revenue function is :
2= 5jc,+3x^
i?'(jc)=8-6x+2x^ determine the total
revenue and demand functions. 2xi+X2^1000

X, <400
R'{x)=^-6x-2x^, CvsCfl^^ ^ X2 < 700

X\, X2 — 0
(b) Define linear programming problems.
Discuss the importance and the limitations
of linear programming. 2+4=6

2l3R®l 1

4(Sem 1jBMAT/G 14 4(Sem 1)BMAT/G 15 8000


^1 • At f • w4t

'H

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