Tybms Sem5 WM Apr19

0C D B8 7E 2A EB C1 6D E 31
F 0 6 3
CF FDF B87 7E0 2AE EBC C16 6D6 6E3 313 341E
D B 2 6 3 4
FD FB 87E E02 AEB BC1 166DD6E E331 134 1E1 12EA
8 A 6 3 1 2
DF FB8 7E0 02A EB C16 6D 6E3 313 341E E12 EA 0CF
B 7E 2A EB C1 6D 6E 31 41 1 EA 0C D
8)
Q.1.
FB 87E 02 E C1 66 6E 33 34 E1 2E 0C FD FB
A B D 1 1 A 8
B8 87E0 02A EB C16 66D 6E3 331 341 E12 2EA 0CF FDF FB8 7E0
7E 2A EB C1 6D 6E 31 341 E1 EA 0C D B8 7E 2A
87 02 E C 66 6 33 34 E 2E 0 FD FB 7E 02 E
E A B 16 D E3 1 1 12 A C F 8 0 A B
E0 02A EBC C16 6D6 6E3 313 341E E12 EA0 0CF FDF B87 7E0 2AE EBC C16
2 E 6 3 4 E D B 2 6
Note:
58852
(b) Firms
02 AE BC1 166 D6E E33 134 1E1 12E A0C CFD FB 87E E02AAEB BC1 166DD6E
(a) Banks
AE BC 66 D6 33 13 1E 2E A0 F FB 87 02 E C 66 6 33
(a) Sec 80C

2A B 16 D E3 1 41 12 A C DF 8 E0 A B 16 D E3 13
(d) Sec 80G

(b) Sec 80D
(c) Sec 80E
E C1 6 6E 3 34 E1 E 0C FD B 7E 2A EB C1 6D 6E 31 41
(c) Company
(b) Cash flow

(a) Long term
(b) Debit risk

(b) Short term
Marks: 75
(a) Credit risk

EB BC1 66DD6E 331 1341 1E1 2EAA0C FD FB8 87E 02A EB C1 66D 6E 331 341 E12
(a) Cash budget

(b) Life Insurers
(c) Planned risk

C1 66D 6E 331 341 E1 2EA 0C FD FB 7E 02A EB C1 66D 6E 331 341 E1 EA
(c) Medium term

66 6E 33 34 E1 2E 0C FD FB 87E 02 EB C1 66D 6E 331 34 E1 2EA 0C
(a) Demand Curve
(d) Unplanned risk

(d) All of the above
D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
(c) Non life insurers

E3 313 41E 12 A CF DF B87 E0 AE BC 16 D6 E3 13 1E 12E A0 CF F
(d) None of the above
(d) Financial priorities

31 41 12 EA 0C DF B8 E0 2A B 16 6D E3 313 41 12 A CF DF B8
(a) Body of Individuals
(c) Retirement planning

34 E1 E 0C FD B 7E 2A EB C1 6D 6E 31 41 E1 EA 0C D B 7E
1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87 02
(b) Upward sloping curve
(d) Association of Persons

(c) Tax deducted at source
(d) Tax deducted at statute
12 A CF DF 87 E0 AE BC 16 D6 E3 13 1E 12E A0 CF F 87 E0 AE
EA 0C D B8 E 2A B 1 6D E 31 41 12 A C DF B8 E0 2A B
5) TDS means _____________

(c) Downward sloping curve
(a) Tax demanded statutorily

0C FD FB8 7E 02A EB C1 66D 6E 331 341 E12 EA 0C FD B8 7E 2A EB C16
FD FB 7E 02 EB C1 66D 6E 331 34 E1 EA 0C FD FB 7E 02A EB C1 6D
(b) Tax demanded subsequently

(d) A line that plots interest rates
2) Yield curve refers to _________
FB 87E 02 AE C1 66 6E 33 34 1E1 2E 0C FD FB 87E 02A EB C1 66D 6E
87 02 AE BC 66 D6 33 134 1E 2E A0 FD FB 87E 02 E C 66 6E 33
E0 A BC 16 D6 E3 13 1E 12 A0 CF F 87 0 AE BC 16 D6 3 13
(a) Multiple Choice Questions: (any 8)
2A EB 16 6D E3 31 41 12 EA C DF B8 E0 2A B 16 6D E3 313 41E
EB C1 6D 6E 31 341 E1 EA 0C FD B8 7E 2A EB C1 6D 6E 31 41 12
3) Medical Insurance is offered by ______

D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87 02
3) Use of simple calculator is allowed
4) _______ applies to debt investments such as bonds.

2) Figures to the right indicate full marks.

Page 1 of 3
D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
1) All questions are compulsory subject to internal choice.
1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87 02
1E12EA0CFDFB87E02AEBC166D6E33134
1) The goal of wealth management is to sustain & grow ________ term wealth.
6) Deduction for interest on higher education loan can be claimed under _______
Paper / Subject Code: 46009 / Finance:Wealth Management

D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
34 E1 E 0C FD B 7E 2A EB C1 6D 6E 31 41 E1 EA 0C D B 7
1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87
12 A CF DF 87 E0 AE BC 16 D6 E3 13 1E 12E A0 CF F 87 E
EA 0C D B8 E 2A B 1 6D E 31 41 12 A C DF B8 E0
0C FD FB8 7E 02A EB C1 66D 6E 331 341 E12 EA 0C FD B8 7E 2
FD FB 7E 02 EB C1 66D 6E 331 34 E1 EA 0C FD FB 7E 02A
FB 87E 02 AE C1 66 6E 33 34 1E1 2E 0C FD FB 87E 02A
Duration: 2 ½ Hours
7) When 2 or more persons join hands for common actions with common objectives are called as_________
87 02 AE BC 66 D6 33 134 1E 2E A0 FD FB 87E 02 E
E0 A BC 16 D6 E3 13 1E 12 A0 CF F 87 0 AE
______ involves an analysis of various choices you can make today to help provide for your financial future.
2A EB 16 6D E3 31 41 12 EA C DF B8 E0 2A B
EB C1 6D 6E 31 341 E1 EA 0C FD B8 7E 2A EB
C1 66D 6E 331 341 E1 2EA 0C FD FB 7E 02A EB C
66 6E 33 34 E1 2E 0C FD FB 87E 02 EB C1
(08)
D6 3 13 1E 2E A0 F F 87 02 AE C
E3 313 41E 12 A CF DF B87 E0 AE BC 16
31 41 12 EA 0C DF B8 E0 2A B 16 6
34 E1 E 0C FD B 7E 2A EB C1 6D
1E 2E A0 F FB 87 02 E C 66
12 A C DF 8 E0 A B 16 D
0C D B8 7E 2A EB C1 6D E 31
F 0 6 3
D B 2 6 3 4
8 A 6 3 1 2
B 7E 2A EB C1 6D 6E 31 41 1 EA 0C D
Q.3.
Q.2.
FB 87E 02 E C1 66 6E 33 34 E1 2E 0C FD FB
A B D 1 1 A 8
87 02 E C 66 6 33 34 E 2E 0 FD FB 7E 02 E
E A B 16 D E3 1 1 12 A C F 8 0 A B
(a) PF
(c) FD
2 E 6 3 4 E D B 2 6
(b) PPF
House I
58852
(a) Sham
House II
AE BC 66 D6 33 13 1E 2E A0 F FB 87 02 E C 66 6 33
2A B 16 D E3 1 41 12 A C DF 8 E0 A B 16 D E3 13
Particulars
(d) Calligraph
(c) Holograph
(b) Concurrent
expenditure.
forward of losses.
Lottery winnings
D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
(d) Life Insurance plan
Interest on debentures
Income from Business

1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87 02
You are also informed that:

Business I (non-speculative)
Business II(non speculative )
Income from Other sources

Income from House Property

Income from Salary computed

6) Networth is Assets + Liabilities.

(b) What is a yield curve? What are its types?

Income from Long Term Capital Gains

D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
(a) What are code of ethics for a Wealth manager?
2. She has the following carry forward losses:
(a) What is General Insurance? What are its types?

1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87 02
3) Life insurers are also known as health insurers.
i) Business losses-Rs.10,000 (AY 2014-15)

OR
OR
Page 2 of 3
5) Longetivity risk is the risk of outliving your savings.
(b) What is Active asset management? What are its advantages?

8) Retirement planning takes into account all emergencies.
ii) Long term Capital losses –Rs.35,000(AY 2015-16)

D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
(b) State whether the following statements are true or false: (any 7)
Rs.
4) Liquidity risk is being able to sell your investment at a fair price.
1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87 02
10,000
2,000
50,000
60,000
40,000
90,000
(20,000)
(60,000)
2) The yield curve is flat when yields of all maturities are close to each other.

9) Lifetime annuity pays an income for a specified period of time say 10 years.
1) A code of ethics issued by a business is a particular kind of policy statement.
(p) Ms. Durga an individual submits the flowing information relevant for AY 2018-19.
10) Wills which are written entirely by hand of the testator are called as ________Wills.
10) ULIP are policies that combine risk coverage with investing in stock/debt market.
7) Total Income is derived after making various deductions from GTI u/s 80C&80U.


D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87
1. She spent Rs.1500 as collection towards interest on debentures allowed to be deducted u/s 57 as
9) _________ is one of the most preferred tax planning instrument in India as it’s a Government scheme.

Find out the net taxable income of Ms. Durga for AY 2018-19 applying the provisions of set off and carry
87 02 AE BC 66 D6 33 134 1E 2E A0 FD FB 87E 02 E
E0 A BC 16 D6 E3 13 1E 12 A0 CF F 87 0 AE
2A EB 16 6D E3 31 41 12 EA C DF B8 E0 2A B
66 6E 33 34 E1 2E 0C FD FB 87E 02 EB C1
(08)
(07)
(07)
(08)
(15)
(07)
D6 3 13 1E 2E A0 F F 87 02 AE C
E3 313 41E 12 A CF DF B87 E0 AE BC 16
31 41 12 EA 0C DF B8 E0 2A B 16 6
1E 2E A0 F FB 87 02 E C 66
12 A C DF 8 E0 A B 16 D
0C D B8 7E 2A EB C1 6D E 31
F 0 6 3
D B 2 6 3 4
8 A 6 3 1 2
B 7E 2A EB C1 6D 6E 31 41 1 EA 0C D
Q.5.
Q.4.
FB 87E 02 E C1 66 6E 33 34 E1 2E 0C FD FB
A B D 1 1 A 8
87 02 E C 66 6 33 34 E 2E 0 FD FB 7E 02 E
E A B 16 D E3 1 1 12 A C F 8 0 A B
2 E 6 3 4 E D B 2 6
58852
AE BC 66 D6 33 13 1E 2E A0 F FB 87 02 E C 66 6 33
Bank OD
Liabilities
2A B 16 D E3 1 41 12 A C DF 8 E0 A B 16 D E3 13
Bills Payable
9% Debentures
Sundry Creditors
D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
Equity share capital

5) Health Insurance
1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87 02
8% Preference share capital
3) New Pension Scheme

4) Tax Deducted at source

Q.5. Write Short Notes on (any three)

c) Won Lottery of Rs.50,000
(b) What is a Will? What are its types?
payable on the respective due dates.

(b) What are Annuities? Explain its types.
2) Principle of Utmost good faith

a) Income from Salary Rs.5,00,000

D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
1) Components of Wealth Management

He has made the following payments:

1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87 02
(a) What is Ratio Analysis? What are its advantages?

18,41,000
10,600
50,000
40,000
40,400
7,00,000
10,00,000

OR
OR
Page 3 of 3
*******
b) Income from House Property Income Rs.1,50,000

(a) What is Retirement Planning? What is its need and purpose?

Stock
Balance Sheet
Amount Assets
Goodwill

D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
E3 313 41E 12 A CF DF B87 E0 AE BC 16 D6 E3 13 1E 12E A0 CF F (p) Following are the details of Mr. Thakur for Assessment Year 2018-19.
Sundry debtors
Bills receivables
Prepaid expenses
1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87 02
Plant and Machinery

2017 for Rs. 85,00,000. He paid brokerage of Rs. 25,000 for the sale transaction.

Compute the capital gain of Mr. Dinesh Kamble for the Assessment Year 2018-19.

D6 3 13 1E 2E A0 F F 87 02 AE C 66 6 33 34 1E 2E 0 FD
a) Mediclaim premium of Rs.5,000 paid in cash for preventive health check –up of self.
1E 2E A0 F FB 87 02 E C 66 6 33 34 E 2E 0 FD FB 87
Compute the taxable income of Mr. Thakur after allowing deductions under chapter VI-A.
b)Contribution to NSC Rs.10,000 and received interest on NSC Rs.4,000 for AY 2018-19.
(q) Assuming the total tax liability of Sumit Ltd. is 50,000 and TDS Rs.2,000. Calculate the advance tax

(q) Following is the Balance Sheet of Aarna Ltd. Find out Current Ratio, Debt Equity Ratio, Quick Ratio.

addition to the house property. Cost of construction of 1st floor in financial year 2005-06 Rs. 12,25,000.

The fair market value of the property 1-4-2001 was Rs. 13,50,000. He sold the property on 15th September
87 02 AE BC 66 D6 33 134 1E 2E A0 FD FB 87E 02 E
The cost inflation index for financial year 2001-02 is 100, for financial 2005-06 is 117 & 2017-18 is 272 .
Amount
18,41,000
54,000
1,46,000
1,26,000
1,15,000
6,50,000
7,50,000
E0 A BC 16 D6 E3 13 1E 12 A0 CF F 87 0 AE
(p) Mr. Dinesh Kamble purchased house property for Rs. 1,25,000 on 16th August 1991. He made the following
2A EB 16 6D E3 31 41 12 EA C DF B8 E0 2A B
66 6E 33 34 E1 2E 0C FD FB 87E 02 EB C1
(15)
(07)
(08)
(07)
(08)
(08)
(07)
(07)
(08)
D6 3 13 1E 2E A0 F F 87 02 AE C
E3 313 41E 12 A CF DF B87 E0 AE BC 16
31 41 12 EA 0C DF B8 E0 2A B 16 6
1E 2E A0 F FB 87 02 E C 66
12 A C DF 8 E0 A B 16 D

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0C D B8 7E 2A EB C1 6D E 31

(a) Sec 80C

(d) Sec 80G

(b) Cash flow

(b) Debit risk

(a) Credit risk

(a) Cash budget

(c) Planned risk

(c) Medium term

(a) Demand Curve

(d) Unplanned risk

(c) Non life insurers

(d) None of the above

(d) Financial priorities

(a) Body of Individuals

(c) Retirement planning

(b) Upward sloping curve

(d) Association of Persons

5) TDS means _____________

(a) Tax demanded statutorily

(b) Tax demanded subsequently

3) Medical Insurance is offered by ______

4) _______ applies to debt investments such as bonds.

0C FD FB8 7E 02A EB C1 66D 6E 331 341 E12 EA 0C FD B8 7E 2A EB C16

0C FD FB8 7E 02A EB C1 66D 6E 331 341 E12 EA 0C FD B8 7E 2A EB C16

66 6E 33 34 E1 2E 0C FD FB 87E 02 EB C1 66D 6E 331 34 E1 2EA 0C

Income from Business

You are also informed that:

Business II(non speculative )

Income from Other sources

Income from House Property

Income from Salary computed

6) Networth is Assets + Liabilities.

(b) What is a yield curve? What are its types?

Income from Long Term Capital Gains

(a) What are code of ethics for a Wealth manager?

2. She has the following carry forward losses:

(a) What is General Insurance? What are its types?

i) Business losses-Rs.10,000 (AY 2014-15)

(b) What is Active asset management? What are its advantages?

ii) Long term Capital losses –Rs.35,000(AY 2015-16)

E3 313 41E 12 A CF DF B87 E0 AE BC 16 D6 E3 13 1E 12E A0 CF F

FB 87E 02 AE C1 66 6E 33 34 1E1 2E 0C FD FB 87E 02A EB C1 66D 6E

C1 66D 6E 331 341 E1 2EA 0C FD FB 7E 02A EB C1 66D 6E 331 341 E1 EA

66 6E 33 34 E1 2E 0C FD FB 87E 02 EB C1 66D 6E 331 34 E1 2EA 0C

FD FB 7E 02 EB C1 66D 6E 331 34 E1 EA 0C FD FB 7E 02A

Equity share capital

3) New Pension Scheme

4) Tax Deducted at source

Q.5. Write Short Notes on (any three)

(b) What is a Will? What are its types?

payable on the respective due dates.

(b) What are Annuities? Explain its types.

2) Principle of Utmost good faith

a) Income from Salary Rs.5,00,000

1) Components of Wealth Management

He has made the following payments:

(a) What is Ratio Analysis? What are its advantages?

0C FD FB8 7E 02A EB C1 66D 6E 331 341 E12 EA 0C FD B8 7E 2A EB C16

b) Income from House Property Income Rs.1,50,000

(a) What is Retirement Planning? What is its need and purpose?

66 6E 33 34 E1 2E 0C FD FB 87E 02 EB C1 66D 6E 331 34 E1 2EA 0C

0C FD FB8 7E 02A EB C1 66D 6E 331 341 E12 EA 0C FD B8 7E 2A EB C16