Lucknow University B.Com. (Hons.) 5th Semester Question Papers 2026
This page contains complete, previous-year-style model question papers for the Lucknow University B.Com. (Hons.) Fifth Semester syllabus. Semester V has 4 compulsory papers – Export Import Procedures and Documentation, Industrial Laws, Consumer Behaviour & Advertising Management, and Financial Management – plus one elective group that every student must choose: Group A (Accounting Decisions and Applications – ADA), consisting of Specialized Accounting and Personal Finance Decision, OR Group B (Financial Operations and Services – FOS), consisting of Financial Market Operations and Insurance and Risk Management. Please refer only to the two papers of the elective group you have actually opted for, along with all four compulsory papers. Each of the 8 papers below has 5 full model sets (Set A to Set E), with 10 questions per set of 14 marks each (answer any five, maximum marks 70), prepared by LUUPDATE for focused exam practice. These are BCom Hons Semester V old-paper-style question banks meant to help you understand the exact pattern, unit-wise weightage and difficulty level you should expect in your actual Lucknow University BCom Hons Sem V examination.
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Compulsory Papers
Group A – Accounting Decisions & Applications (ADA)
Group B – Financial Operations & Services (FOS)
Export Import Procedures and Documentation (Paper BCH 501)
Export Import Procedures and Documentation (Paper BCH 501) covers India's Foreign Trade – Direction and Composition, Export Planning, Export Marketing and Getting Ready for Exports; Export Costing and Pricing, Export Documentation, Methods/Terms of Payment, Pre-Shipment and Post-Shipment Export Financing, ECGC of India, Quality Control and Cargo Insurance; Central Excise and Customs Clearance Regulations and Containerisation (CONCOR, ICD, CFS); and Institutional Support for India's Foreign Trade, DGFT, Export Incentives, EPCG Scheme, EOU/FTZ/EPZ Units and International Logistics. Time: 3 Hours, Maximum Marks: 70. Answer any five of the ten questions given below; all questions carry equal marks (14 each). The five sets below (Set A to Set E) give you full practice coverage across every unit of the syllabus.
Set A
Q1. Discuss the direction and composition of India's foreign trade over the past decade, and examine the major structural changes that have taken place in the country's export and import basket. [14]
Q2. Explain the significance of export marketing and discuss how it differs from domestic marketing in respect of objectives, environment and the risks involved. [14]
Q3. Explain the concept of export costing and discuss the various elements of cost that an exporter must consider while arriving at an export price. [14]
Q4. Distinguish between export costing and export pricing, and discuss the various methods of export pricing that an exporter may adopt for different markets and products. [14]
Q5. Discuss the meaning and importance of export documentation, and classify the principal export documents into commercial and regulatory documents with suitable examples of each. [14]
Q6. Discuss the significance of central excise regulations for a manufacturer-exporter, and explain the procedure for claiming rebate or exemption of excise duty on goods meant for export. [14]
Q7. Explain the meaning and objectives of customs clearance, and discuss the general procedure followed for customs clearance of export cargo. [14]
Q8. Discuss the various documents required for customs clearance of export goods, such as the shipping bill, and explain the procedure for its processing at the customs house. [14]
Q9. Discuss the institutional framework set up in India for the promotion and support of foreign trade, explaining briefly the role of the principal organisations and export promotion councils. [14]
Q10. Explain the organisation and functions of the Directorate General of Foreign Trade (DGFT) in the administration and implementation of India's Foreign Trade Policy. [14] B.Com. (Hons.) Vth Semester Examination, 2026 EXPORT IMPORT PROCEDURES AND DOCUMENTATION Paper : BCH 501 [14]
Set B
Q1. Discuss the various steps involved in adaptation and standardisation of a product for export markets, and explain the role of packaging and labelling in making a product acceptable in an overseas market. [14]
Q2. Explain the preliminary steps an entrepreneur must undertake to get ready for exports, such as establishing the organisation, opening a bank account, obtaining IEC and registering with the appropriate Export Promotion Council. [14]
Q3. Explain the meaning, contents and significance of the following export documents: commercial invoice, packing list, certificate of origin, and bill of lading. [14]
Q4. Discuss documentary credit (letter of credit) as a method of payment in export trade, explaining its meaning, parties involved and the different types of letters of credit used by exporters. [14]
Q5. Explain the procedure of documentary collection as a method of receiving payment for exports, and distinguish it from payment under a documentary letter of credit. [14]
Q6. Explain the procedure for customs clearance of imported goods, and discuss the documents that an importer must file with the customs authorities to obtain clearance. [14]
Q7. Distinguish between a shipping bill and a bill of entry, bringing out the purpose each document serves and the stage at which it is filed with the customs authorities. [14]
Q8. Discuss the meaning and objectives of containerisation in international trade, and explain the different types of containers commonly used for the carriage of export cargo. [14]
Q9. Discuss the meaning and objectives of export incentives, and distinguish between the financial and non-financial incentives available to Indian exporters. [14]
Q10. Explain the various financial incentives extended to exporters under India's Foreign Trade Policy, such as duty drawback and exemption schemes, along with the procedure for claiming them. [14] B.Com. (Hons.) Vth Semester Examination, 2026 EXPORT IMPORT PROCEDURES AND DOCUMENTATION Paper : BCH 501 [14]
Set C
Q1. Discuss the procedure for procurement and processing of an export order, from receipt of an export enquiry to acceptance of the order and preparation of a proforma invoice. [14]
Q2. Explain the meaning and essential contents of an export contract, and discuss the precautions an exporter should observe while negotiating and finalising the terms of the contract with a foreign buyer. [14]
Q3. Discuss the various methods and terms of payment available to an exporter, such as advance payment, open account, documentary collection and documentary credit, bringing out the degree of risk associated with each. [14]
Q4. Explain the meaning and need for pre-shipment finance, and discuss the various forms in which commercial banks extend pre-shipment credit to exporters. [14]
Q5. Explain the meaning and need for post-shipment finance, and discuss the various forms in which commercial banks extend post-shipment credit to exporters. [14]
Q6. Examine the advantages of containerisation to exporters, carriers and importers, and discuss the disadvantages and limitations associated with this mode of cargo transport. [14]
Q7. Explain the role and functions of the Container Corporation of India (CONCOR) in facilitating containerised movement of export-import cargo within the country. [14]
Q8. Discuss the meaning and functions of an Inland Container Depot (ICD), and explain how it facilitates customs clearance and containerised trade away from the gateway port. [14]
Q9. Discuss the non-financial incentives available to exporters, such as recognition and marketing assistance schemes, and examine their significance in promoting export competitiveness. [14]
Q10. Explain the schemes available under India's Foreign Trade Policy for the import of capital goods for export production, and discuss the Export Promotion Capital Goods (EPCG) Scheme in particular. [14] B.Com. (Hons.) Vth Semester Examination, 2026 EXPORT IMPORT PROCEDURES AND DOCUMENTATION Paper : BCH 501 [14]
Set D
Q1. Explain the concept and significance of INCOTERMS in international trade, and distinguish between Ex-Works, FOB and CIF in terms of the division of cost, risk and responsibility between the exporter and the importer. [14]
Q2. In a particular export transaction, the exporter and the foreign buyer agree to trade on a CIF basis. Explain what costs and risks the exporter bears up to which point under this term as compared to an FOB contract, and discuss why the choice of INCOTERM materially affects the export price quoted to the buyer. [14]
Q3. Discuss the objectives and functions of the Export Credit Guarantee Corporation of India (ECGC), and explain the various types of policies and guarantees offered by it to exporters and banks. [14]
Q4. Explain the meaning and importance of quality control and pre-shipment inspection in export trade, and discuss the procedure followed for compulsory inspection of notified export commodities in India. [14]
Q5. Discuss the various types of risks faced by an exporter in the course of an export transaction, distinguishing between commercial risks, political risks and other risks. [14]
Q6. Discuss the meaning and functions of a Container Freight Station (CFS), and distinguish it from an Inland Container Depot in terms of location, functions and the facilities each provides. [14]
Q7. Explain the procedure followed for stuffing and de-stuffing of export-import cargo at an Inland Container Depot or a Container Freight Station. [14]
Q8. Discuss the role played by Inland Container Depots and Container Freight Stations in decongesting gateway ports and in reducing the overall transaction cost and time involved in foreign trade. [14]
Q9. Discuss the procedure and documentation required for import of new capital goods under the Export Promotion Capital Goods (EPCG) Scheme. [14]
Q10. Discuss the procedure and documentation required for import of second-hand capital goods, and explain the conditions attached to such imports under the Foreign Trade Policy. [14] B.Com. (Hons.) Vth Semester Examination, 2026 EXPORT IMPORT PROCEDURES AND DOCUMENTATION Paper : BCH 501 [14]
Set E
Q1. Discuss the salient features of India's Foreign Trade Policy and examine its objectives in promoting the country's exports and regulating imports. [14]
Q2. Explain the role of the government and various promotional organisations in formulating and implementing India's Foreign Trade Policy, and discuss the recent changes introduced in the policy to boost export competitiveness. [14]
Q3. Explain the meaning and importance of cargo insurance in export trade, and discuss the essential elements of a valid marine cargo insurance contract. [14]
Q4. Discuss the procedure followed by an exporter for taking out a cargo insurance policy, and explain the documentation required at the time of filing a cargo loss claim. [14]
Q5. Explain the procedure for lodging and settlement of a cargo loss claim with the insurance company, and discuss the precautions an exporter should observe to ensure a claim is not repudiated. [14]
Q6. Explain the concept of a customs bonded warehouse and discuss its utility to importers and exporters in the context of customs clearance procedures. [14]
Q7. Discuss the documentation and procedural formalities involved in the movement of containerised cargo from a factory to the gateway port through an Inland Container Depot. [14]
Q8. Examine the impact of containerisation and the network of Inland Container Depots and Container Freight Stations on the growth and efficiency of India's foreign trade. [14]
Q9. Explain the objective criteria laid down for recognition of a firm as an Export House, Trading House, Star Trading House or Superstar Trading House, and discuss the benefits, procedure and documentation involved in obtaining such status. [14]
Q10. Discuss the policy relating to Export Oriented Units (EOU), Free Trade Zones (FTZ) and Export Processing Zones (EPZ), explaining their objectives, the criteria for setting up such units, the benefits available to them, and the procedure and documentation involved. Also explain the meaning and significance of international logistics in the efficient movement of export-import cargo. [14]
Industrial Laws (Paper BCH 502)
Industrial Laws (Paper BCH 502) covers the Factories Act, 1948; the Employees' Compensation Act (Workmen's Compensation Act); the Payment of Bonus Act, 1965; and other key labour and industrial legislation applicable to Indian factories and establishments. Time: 3 Hours, Maximum Marks: 70. Answer any five of the ten questions given below; all questions carry equal marks (14 each). The five sets below (Set A to Set E) give you full practice coverage across every unit of the syllabus.
Set A
Q1. Discuss the objectives and scope of the Industrial Disputes Act, 1947, and explain the significance of maintaining industrial peace for economic development. [14]
Q2. Define the term "Industry" under the Industrial Disputes Act, 1947, and discuss the tests laid down by the courts to determine whether a given activity constitutes an industry. [14]
Q3. Discuss the object and scope of the Payment of Wages Act, 1936, and explain the classes of industrial and other establishments to which it applies. [14]
Q4. Define "Wages" under the Payment of Wages Act, 1936, and discuss the items of remuneration that are included in, and excluded from, this definition. [14]
Q5. Explain the provisions of the Payment of Wages Act, 1936, relating to the person responsible for payment of wages in an industrial or other establishment. [14]
Q6. Discuss the object and scope of the Payment of Bonus Act, 1965, and state the establishments to which the Act applies. [14]
Q7. Define the terms "Accounting Year" and "Salary or Wages" under the Payment of Bonus Act, 1965. [14]
Q8. Define the terms "Employer" and "Employee" under the Payment of Bonus Act, 1965, and discuss the categories of employees excluded from its coverage. [14]
Q9. Discuss the objects of the Factories Act, 1948, and define the terms "Manufacturing Process" and "Factory" under the Act. [14]
Q10. Define the terms "Occupier" and "Inspector" under the Factories Act, 1948, and discuss the powers conferred on an Inspector under the Act. [14] B.Com. (Hons.) Vth Semester Examination, 2026 INDUSTRIAL LAWS Paper : BCH 502 [14]
Set B
Q1. Define "Retrenchment" under the Industrial Disputes Act, 1947, and state the conditions precedent that an employer must satisfy before retrenching a workman. [14]
Q2. Distinguish between "Lay Off" and "Retrenchment" under the Industrial Disputes Act, 1947, bringing out the compensation payable to workmen in each case. [14]
Q3. Discuss the provisions of the Payment of Wages Act, 1936, relating to the fixation of wage periods and the time within which wages must be paid. [14]
Q4. Explain the provisions of the Payment of Wages Act, 1936, regarding the mode of payment of wages, and discuss the circumstances in which wages may be paid otherwise than in current coin or currency notes. [14]
Q5. Discuss the deductions that may lawfully be made from the wages of an employed person under the Payment of Wages Act, 1936, and state the limits prescribed on the total amount of such deductions. [14]
Q6. Discuss the conditions of eligibility for bonus under the Payment of Bonus Act, 1965, and explain the grounds on which an employee may be disqualified from receiving bonus. [14]
Q7. Explain the provisions of the Payment of Bonus Act, 1965, relating to the payment of minimum and maximum bonus, and discuss the manner in which the allocable surplus is computed. [14]
Q8. Discuss the method of calculating the number of working days of an employee for the purpose of determining his eligibility for bonus under the Payment of Bonus Act, 1965. [14]
Q9. Discuss the provisions of the Factories Act, 1948, relating to the health of workers employed in a factory, such as cleanliness, disposal of wastes, ventilation and lighting. [14]
Q10. Discuss the provisions of the Factories Act, 1948, relating to the safety of workers employed in a factory. [14] B.Com. (Hons.) Vth Semester Examination, 2026 INDUSTRIAL LAWS Paper : BCH 502 [14]
Set C
Q1. Discuss the various authorities constituted under the Industrial Disputes Act, 1947, for the investigation and settlement of industrial disputes, and explain their respective powers and duties. [14]
Q2. Define "Strike" and "Lockout" under the Industrial Disputes Act, 1947, and discuss the legal provisions governing the conditions under which each may lawfully be resorted to. [14]
Q3. Explain the provisions of the Payment of Wages Act, 1936, relating to deductions for absence from duty, damage to or loss of goods, and fines imposed on an employed person. [14]
Q4. Discuss the machinery provided under the Payment of Wages Act, 1936, for the settlement of claims arising out of deductions from wages or delay in payment of wages. [14]
Q5. State the object and scope of the Child Labour (Prohibition and Regulation) Act, 1986, and discuss the occupations and processes in which the employment of children is prohibited. [14]
Q6. Explain the provisions of the Payment of Bonus Act, 1965, relating to the adjustment of customary or interim bonus already paid against the bonus payable under the Act. [14]
Q7. Discuss the deductions that an employer is permitted to make from the bonus payable to an employee under the Payment of Bonus Act, 1965. [14]
Q8. State the time limit prescribed under the Payment of Bonus Act, 1965, for the payment of bonus to employees, and discuss the mode of recovery available to an employee where the employer fails to pay bonus within time. [14]
Q9. Explain the welfare measures required to be provided to workers under the Factories Act, 1948, such as washing facilities, first-aid appliances, canteens and rest rooms. [14]
Q10. Discuss the provisions of the Factories Act, 1948, relating to the working hours of adult workers, including provisions for weekly hours, daily hours, intervals for rest and spread over. [14] B.Com. (Hons.) Vth Semester Examination, 2026 INDUSTRIAL LAWS Paper : BCH 502 [14]
Set D
Q1. Explain the concept of "Unfair Labour Practices" under the Industrial Disputes Act, 1947, and discuss the practices declared unfair on the part of employers as well as workmen. [14]
Q2. Discuss the penalties prescribed under the Industrial Disputes Act, 1947, for illegal strikes and lockouts, and for other offences committed under the Act. [14]
Q3. Discuss the provisions of the Child Labour (Prohibition and Regulation) Act, 1986, relating to the hours and periods of work and the weekly holiday to be allowed to a child permitted to work. [14]
Q4. Explain the provisions of the Child Labour (Prohibition and Regulation) Act, 1986, relating to notice to be given to the Inspector by an occupier before employing a child, and the register of children to be maintained. [14]
Q5. Discuss the provisions of the Child Labour (Prohibition and Regulation) Act, 1986, relating to the health and safety measures to be provided for children employed in permitted establishments. [14]
Q6. An employee has worked for 175 days during an accounting year in an establishment employing 25 persons, and the employer proposes to pay him bonus at the minimum rate prescribed under the Payment of Bonus Act, 1965. Discuss, with reference to the eligibility conditions and the minimum bonus provisions of the Act, whether the employee is entitled to bonus and the basis on which it is to be calculated. [14]
Q7. Explain the meaning and object of the Workmen's Compensation Act, and discuss the circumstances under which an employer becomes liable to pay compensation to a workman for injury caused by accident. [14]
Q8. Discuss the defences available to an employer against a claim for compensation under the Workmen's Compensation Act. [14]
Q9. Discuss the restrictions imposed under the Factories Act, 1948, on the employment of women in a factory, particularly with reference to hazardous processes and night work. [14]
Q10. Explain the provisions of the Factories Act, 1948, relating to annual leave with wages, and discuss the conditions an adult worker must satisfy to become entitled to such leave. [14] B.Com. (Hons.) Vth Semester Examination, 2026 INDUSTRIAL LAWS Paper : BCH 502 [14]
Set E
Q1. Explain the procedure for reference of an industrial dispute to a Board of Conciliation, Labour Court, Industrial Tribunal or National Tribunal under the Industrial Disputes Act, 1947. [14]
Q2. A company facing a temporary shortage of raw materials is unable to give full employment to a section of its workmen and wishes to lay them off for a period of two months. Explain, with reference to the provisions of the Industrial Disputes Act, 1947, the meaning of "Lay Off", the conditions under which it can be resorted to, and the compensation, if any, payable to the affected workmen. [14]
Q3. Discuss the penalties prescribed under the Child Labour (Prohibition and Regulation) Act, 1986, for the employment of children in contravention of its provisions. [14]
Q4. Distinguish between the objects of the Payment of Wages Act, 1936, and the Child Labour (Prohibition and Regulation) Act, 1986, and explain how the two enactments together seek to protect vulnerable classes of workers. [14]
Q5. An employer delays payment of wages to his workmen beyond the period prescribed under the Payment of Wages Act, 1936, and also makes certain deductions from their wages without lawful authority. Discuss the rights available to the workmen and the remedies provided under the Act in such a situation. [14]
Q6. Explain the provisions relating to the amount of compensation payable under the Workmen's Compensation Act in cases of death and permanent total disablement of a workman. [14]
Q7. Discuss the procedure prescribed for the settlement and distribution of compensation under the Workmen's Compensation Act. [14]
Q8. Distinguish between bonus payable under the Payment of Bonus Act, 1965, and compensation payable under the Workmen's Compensation Act, bringing out the difference in the basis and purpose of each payment. [14]
Q9. Discuss the general penalty prescribed under the Factories Act, 1948, for contravention of its provisions, and explain the liability of the occupier and manager of a factory in this regard. [14]
Q10. The Inspector of Factories, during a routine visit, finds that a factory has failed to provide adequate safety guards on dangerous machinery and has employed women workers beyond the permissible hours. Discuss the powers available to the Inspector under the Factories Act, 1948, in such a situation and the penal consequences that may follow for the occupier. [14]
Consumer Behaviour & Advertising Management (Paper BCH 503)
Consumer Behaviour & Advertising Management (Paper BCH 503) covers the nature and scope of consumer behaviour, models of consumer behaviour, and factors influencing purchase decisions; advertising campaigns, copywriting and ethical considerations in advertising; and media planning, media selection and media vehicle selection in a globalised advertising environment. Time: 3 Hours, Maximum Marks: 70. Answer any five of the ten questions given below; all questions carry equal marks (14 each). The five sets below (Set A to Set E) give you full practice coverage across every unit of the syllabus.
Set A
Q1. Explain the meaning and nature of Consumer Behaviour and discuss its significance for marketers in designing an effective marketing strategy. [14]
Q2. Discuss the various internal (psychological) and external (social, cultural and economic) factors that influence the buying behaviour of a consumer. [14]
Q3. Discuss the Economic Model of Consumer Behaviour and examine its assumptions, contributions and limitations. [14]
Q4. Explain the Learning Model of Consumer Behaviour and discuss how the concepts of drive, cue, response and reinforcement help in explaining buying behaviour. [14]
Q5. Discuss the Psychoanalytic (Freudian) Model of Consumer Behaviour and examine its relevance to marketing and advertising strategy. [14]
Q6. Define advertising and discuss its nature and evolution over time. [14]
Q7. Discuss the various functions of advertising and examine the role it plays in the process of modern marketing. [14]
Q8. Examine the criticisms commonly levelled against advertising and discuss how far these criticisms are justified. [14]
Q9. Explain the meaning and objectives of an advertising budget and discuss the factors that should be considered while preparing it. [14]
Q10. Discuss the various methods of preparing an advertising budget, such as percentage of sales, objective and task, competitive parity and affordable methods. [14] B.Com. (Hons.) Vth Semester Examination, 2026 CONSUMER BEHAVIOUR & ADVERTISING MANAGEMENT Paper : BCH 503 [14]
Set B
Q1. Explain the concept of consumer perception and discuss the process through which a consumer selects, organises and interprets stimuli to form a meaningful picture of the world. [14]
Q2. Discuss the various factors that influence consumer perception and examine the concept of selective perception with suitable examples. [14]
Q3. Explain the Sociological Model of Consumer Behaviour and discuss the role of social class, reference groups and family in influencing buying decisions. [14]
Q4. Discuss the Howard-Sheth Model of Consumer Behaviour and explain its major components and their interrelationship. [14]
Q5. Explain the Engel-Kollat-Blackwell (EKB) Model of Consumer Behaviour and discuss the stages involved in the consumer decision-making process. [14]
Q6. Discuss the social aspects of advertising and examine its impact on the values, attitudes and lifestyle of society. [14]
Q7. Discuss the economic aspects of advertising and examine its effect on competition, prices and consumer choice. [14]
Q8. Discuss the legal aspects of advertising in India and examine the regulatory framework governing misleading and unfair advertisements. [14]
Q9. Explain the meaning and functions of an advertising agency and discuss the services rendered by a full-service advertising agency to its clients. [14]
Q10. Discuss the factors that a firm should consider while selecting an advertising agency, and explain the various methods of compensating an advertising agency. [14] B.Com. (Hons.) Vth Semester Examination, 2026 CONSUMER BEHAVIOUR & ADVERTISING MANAGEMENT Paper : BCH 503 [14]
Set C
Q1. Define attitude and explain its components. Discuss the role that consumer attitudes play in shaping buying behaviour. [14]
Q2. Discuss the various sources of attitude formation and explain the strategies commonly used by marketers to bring about a change in consumer attitudes. [14]
Q3. Distinguish between consumer buying behaviour and industrial (organisational) buying behaviour, bringing out the major points of difference between the two. [14]
Q4. Discuss the nature and characteristics of industrial buying and examine the various factors that influence the industrial buying decision. [14]
Q5. Explain the concept of the Buying Centre in industrial marketing and discuss the different roles played by its members in the purchase decision process. [14]
Q6. Explain the place of advertising in the marketing mix and discuss its relationship with the other elements of the promotion mix. [14]
Q7. Discuss the growth and present structure of the Indian advertising industry. [14]
Q8. Examine the role played by the Advertising Standards Council of India (ASCI) in regulating advertising practices in India. [14]
Q9. Discuss the various types of advertising media available to an advertiser, distinguishing between print, broadcast, outdoor and digital media. [14]
Q10. Examine the merits and demerits of press (newspaper and magazine) advertising as compared to other media of advertising. [14] B.Com. (Hons.) Vth Semester Examination, 2026 CONSUMER BEHAVIOUR & ADVERTISING MANAGEMENT Paper : BCH 503 [14]
Set D
Q1. Explain the meaning and nature of consumer motivation and discuss the dynamic nature of the motivation process. [14]
Q2. Discuss Maslow's Hierarchy of Needs theory and examine its relevance and limitations in explaining consumer motivation. [14]
Q3. Discuss the various stages involved in the industrial buying process, from problem recognition to post-purchase evaluation. [14]
Q4. Examine the environmental, organisational, interpersonal and individual factors that influence industrial buying decisions. [14]
Q5. Discuss the various stages involved in the consumer decision-making process, from need recognition to post-purchase behaviour. [14]
Q6. Explain the meaning and importance of copywriting and discuss the essential qualities of an effective advertisement copy. [14]
Q7. Discuss the various elements of an advertisement copy, such as headline, body copy, illustration, slogan and signature line/logo. [14]
Q8. Explain the meaning and principles of advertisement layout and discuss the various types of layout used in press advertising. [14]
Q9. Examine the merits and demerits of television and radio as media of advertising, and discuss their suitability for different products. [14]
Q10. Discuss the merits and demerits of outdoor and digital media of advertising and examine their growing importance in contemporary marketing. [14] B.Com. (Hons.) Vth Semester Examination, 2026 CONSUMER BEHAVIOUR & ADVERTISING MANAGEMENT Paper : BCH 503 [14]
Set E
Q1. Explain the concept of consumer involvement and discuss how the level of involvement affects the process of perception, attitude formation and motivation. [14]
Q2. Discuss the interrelationship between consumer perception, attitude and motivation, and examine how marketers use an understanding of these concepts to influence buying behaviour. [14]
Q3. Explain the concept of the buying decision-making unit within a family and discuss the different roles played by family members in a purchase decision. [14]
Q4. Discuss the role of cultural and sub-cultural factors in influencing the purchase decisions of a consumer. [14]
Q5. Examine the impact of reference groups and opinion leaders on the purchase decisions of consumers, with suitable examples. [14]
Q6. Discuss the process involved in the evolution of an advertising campaign, from copy platform to final layout. [14]
Q7. Examine the ethical considerations involved in advertisement copywriting and discuss the safeguards needed against misleading claims. [14]
Q8. Discuss the changing role of advertising in the context of globalisation and the increasing use of digital media in India. [14]
Q9. Explain the factors that should be considered by an advertiser while selecting a suitable medium of advertising for a given product. [14]
Q10. Discuss the basis on which an advertiser selects specific vehicles within a chosen medium of advertising, such as choice of a particular newspaper, television channel or website. [14]
Financial Management (Paper BCH 504)
Financial Management (Paper BCH 504) covers the nature, scope and objectives of financial management; capital budgeting techniques (payback period, NPV, IRR); cost of capital and capital structure; dividend policy and valuation of shares; and working capital management, including inventory control and cash management. Time: 3 Hours, Maximum Marks: 70. Answer any five of the ten questions given below; all questions carry equal marks (14 each). The five sets below (Set A to Set E) give you full practice coverage across every unit of the syllabus.
Set A
Q1. Explain the meaning, scope and objectives of finance function in a business enterprise, and discuss its various functions relating to investment, financing and dividend decisions. [14]
Q2. A firm deposits Rs. 50,000 today in a fixed deposit account carrying interest at 10 percent per annum, compounded annually. Calculate the amount the firm will receive at the end of 4 years, and explain the concept of time value of money on which such a calculation is based. [14]
Q3. Discuss the various sources of long-term finance available to a company, such as equity shares, preference shares, debentures, term loans and retained earnings, bringing out the relative merits and demerits of each. [14]
Q4. Discuss the factors that a finance manager should consider while deciding upon the appropriate mix of debt and equity in the capital structure of a company. [14]
Q5. A company has sales of Rs. 5,00,000, variable cost of Rs. 3,00,000 and fixed cost of Rs. 80,000 for the year. Calculate the contribution, the earnings before interest and tax (EBIT), and the degree of operating leverage of the company, and explain the significance of operating leverage in business risk analysis. [14]
Q6. Discuss the various stages involved in the capital budgeting process of a business enterprise, and explain the significance of capital budgeting decisions in long-term financial planning. [14]
Q7. A company is considering a proposal requiring an initial investment of Rs. 5,00,000, which is expected to generate equal annual cash inflows of Rs. 1,25,000 for the life of the project. Calculate the payback period of the project, and discuss the merits and limitations of the payback period as a technique of investment appraisal. [14]
Q8. Explain the concepts of gross working capital and net working capital, and discuss the various factors that influence the working capital requirements of a business enterprise. [14]
Q9. A firm's operating cycle consists of the following : raw material storage period 45 days, work-in-progress conversion period 15 days, finished goods storage period 20 days and average debtors collection period 30 days, while the average payment period allowed by creditors is 25 days. Calculate the length of the operating cycle and the number of operating cycles completed in a year of 365 days. [14]
Q10. Discuss the concept of risk-return trade-off in working capital management, distinguishing between a conservative and an aggressive approach to the level of current assets held by a firm. [14] B.Com. (Hons.) Vth Semester Examination, 2026 FINANCIAL MANAGEMENT Paper : BCH 504 [14]
Set B
Q1. Explain the organisation and structure of the finance department in a large business enterprise, and discuss the position of the finance manager within it. [14]
Q2. A company expects to receive Rs. 1,00,000 at the end of 5 years from now under a contract. If the applicable discount rate is 12 percent per annum, calculate the present value of this amount today, and explain why present value is an important concept in financial decision making. [14]
Q3. A company's earnings before interest and tax (EBIT) for the year amount to Rs. 3,00,000, and it pays annual interest of Rs. 60,000 on its long-term borrowings. Calculate the earnings before tax (EBT) and the degree of financial leverage of the company, and explain the relationship between financial leverage and financial risk. [14]
Q4. A company has sales of Rs. 8,00,000, variable cost of Rs. 5,00,000, fixed cost of Rs. 1,00,000 and annual interest charges of Rs. 50,000. Calculate the degree of operating leverage, the degree of financial leverage, and the degree of combined leverage of the company, and verify that the combined leverage equals the product of the operating and financial leverages. [14]
Q5. A company requires Rs. 10,00,000 of long-term capital and is considering two alternative financing plans: Plan I, financing the entire amount by issuing 1,00,000 equity shares of Rs. 10 each; and Plan II, raising Rs. 5,00,000 through 12 percent debentures and the balance through 50,000 equity shares of Rs. 10 each. If the applicable tax rate is 30 percent, calculate the indifference level of EBIT between the two plans, and also compute and compare the earnings per share (EPS) under each plan at an EBIT level of Rs. 3,00,000. [14]
Q6. Discuss the process of estimation of relevant cash flows for a capital budgeting proposal, explaining the treatment of sunk costs, opportunity costs and incremental cash flows in such estimation. [14]
Q7. A project requires an initial investment of Rs. 4,00,000 and is expected to generate cash inflows of Rs. 1,00,000 per annum for 6 years. If the company's cost of capital is 10 percent per annum, calculate the discounted payback period of the project, and explain how it improves upon the traditional payback period method. [14]
Q8. A project requires an initial investment of Rs. 2,00,000 and has an estimated salvage value of Rs. 20,000 at the end of its useful life of 5 years. If the project is expected to generate an average annual profit after tax of Rs. 33,000, calculate the Accounting (Average) Rate of Return (ARR) of the project on the basis of average investment, and discuss the limitations of this method of investment appraisal. [14]
Q9. A company's estimated cost of sales for the year is Rs. 24,00,000, of which raw material cost accounts for 40 percent. The company holds raw material for an average period of 2 months, work-in-progress for 0.5 month, and finished goods for 1 month, and allows its debtors an average credit period of 2 months (all reckoned at cost). It receives a credit period of 1.5 months from its suppliers on raw material purchases, and desires to maintain a cash and contingency reserve of Rs. 20,000. Estimate the gross and net working capital requirement of the company using the operating cycle approach. [14]
Q10. Explain the various working capital financing policies, namely the matching (hedging) approach, the conservative approach and the aggressive approach, bringing out the risk-return implications of each. [14] B.Com. (Hons.) Vth Semester Examination, 2026 FINANCIAL MANAGEMENT Paper : BCH 504 [14]
Set C
Q1. Discuss the duties and responsibilities of a finance manager in a modern business enterprise, distinguishing between his role in routine and non-routine financial decisions. [14]
Q2. A person plans to deposit Rs. 10,000 at the end of each year for 5 years in a recurring account that earns interest at 8 percent per annum, compounded annually. Calculate the amount that will accumulate at the end of the fifth year, and explain the difference between an ordinary annuity and an annuity due. [14]
Q3. A company's earnings before interest and tax (EBIT) for the year amount to Rs. 4,00,000. It pays annual interest of Rs. 40,000 on its debentures, and its outstanding preference share capital carries a fixed annual dividend of Rs. 30,000. If the applicable tax rate is 30 percent and the number of equity shares outstanding is 20,000, calculate the earnings per share (EPS) of the company, showing your workings clearly. [14]
Q4. An equity share of a company is currently selling in the market for Rs. 50, and the company is expected to pay a dividend of Rs. 5 per share at the end of the coming year, growing thereafter at a constant rate of 5 percent per annum. Calculate the cost of equity capital of the company using the dividend growth (Gordon) approach. [14]
Q5. A company is considering a capital investment proposal requiring an initial outlay of Rs. 6,00,000. The project is expected to generate cash inflows of Rs. 1,50,000 per annum for 6 years. If the company's cost of capital is 10 percent per annum, calculate the Net Present Value (NPV) of the project, and advise whether the project should be accepted. [14]
Q6. A project requires an initial investment of Rs. 3,00,000 and is expected to generate cash inflows of Rs. 90,000 per annum for 5 years. Calculate the Internal Rate of Return (IRR) of the project using the trial and error (interpolation) method, and explain the decision rule for accepting or rejecting a project on the basis of IRR. [14]
Q7. A project requires an initial investment of Rs. 2,50,000 and is expected to generate cash inflows of Rs. 70,000 per annum for 5 years. If the company's cost of capital is 10 percent per annum, calculate the Profitability Index (PI) of the project, and state the decision rule for accepting a project on the basis of the Profitability Index. [14]
Q8. A firm requires Rs. 7,20,000 in cash during the year to meet its transaction needs, and the fixed cost of converting marketable securities into cash on each occasion is Rs. 150, while the opportunity cost of holding cash is 10 percent per annum. Using the Baumol model of cash management, calculate the optimum cash balance that the firm should maintain. [14]
Q9. The daily cash flows of a firm are found to have a variance of Rs. 40,00,000. The fixed cost of a securities transaction is Rs. 100, the relevant daily interest rate is 0.025 percent, and the firm has fixed a lower control limit of Rs. 20,000 for its cash balance. Using the Miller-Orr model of cash management, calculate the spread, the upper control limit and the return point of cash balance for the firm. [14]
Q10. Discuss the objectives and significance of inventory management, and explain the meaning of the Economic Order Quantity (EOQ) as a technique of inventory control. [14] B.Com. (Hons.) Vth Semester Examination, 2026 FINANCIAL MANAGEMENT Paper : BCH 504 [14]
Set D
Q1. A company is evaluating a lease proposal under which it will receive Rs. 20,000 at the end of each year for 6 years. If the appropriate discount rate is 10 percent per annum, calculate the present value of this annuity, and discuss its use in investment appraisal. [14]
Q2. A bank offers a nominal rate of interest of 12 percent per annum, compounded quarterly, on its fixed deposits. Calculate the effective annual rate of interest, and explain why the effective rate differs from the nominal rate whenever compounding occurs more than once a year. [14]
Q3. Discuss the meaning of risk and return in the context of investment decisions, and explain, with the help of a probability distribution of possible returns, how the expected return and standard deviation of a security may be calculated. [14]
Q4. The risk-free rate of return in the market is 6 percent per annum, the expected return on the market portfolio is 14 percent per annum, and the beta coefficient of a company's equity shares is 1.2. Calculate the cost of equity capital of the company using the Capital Asset Pricing Model (CAPM), and briefly explain the meaning of the beta coefficient used in this model. [14]
Q5. A company issues new debentures of face value Rs. 1,000 each, carrying a coupon rate of interest of 12 percent per annum. The debentures are sold to the public at a net price of Rs. 960 per debenture after allowing for underwriting commission and other flotation costs. If the company's applicable tax rate is 30 percent, calculate the cost of debt before tax and after tax. [14]
Q6. Discuss the meaning and significance of dividend policy, and explain the difference between the dividend relevance and dividend irrelevance approaches to the valuation of a firm. [14]
Q7. Two mutually exclusive projects, X and Y, each requiring an initial investment of Rs. 4,00,000, are expected to generate the following cash inflows at the end of each of the next four years : Project X - Rs. 50,000, Rs. 1,00,000, Rs. 1,50,000 and Rs. 2,50,000; Project Y - Rs. 2,50,000, Rs. 1,50,000, Rs. 1,00,000 and Rs. 50,000. If the company's cost of capital is 10 percent per annum, evaluate both projects using the Net Present Value (NPV) and Internal Rate of Return (IRR) methods, and discuss the reasons for any conflict in ranking between the two methods. [14]
Q8. The earnings per share (EPS) of a company is Rs. 10, the internal rate of return on its investments is 15 percent, and the cost of capital (Ke) is 12 percent. Using Walter's model of dividend policy, calculate the market price per share of the company under each of the following dividend payout ratios : (a) 0 percent, (b) 50 percent, and (c) 100 percent, and comment on the payout policy that maximises the value of the share. [14]
Q9. The annual demand for a component used by a manufacturing firm is 10,000 units. The ordering cost is Rs. 100 per order, and the carrying cost is Rs. 5 per unit per annum. Calculate the Economic Order Quantity (EOQ) for the firm, and the number of orders that should be placed during the year. [14]
Q10. A firm consumes 7,300 units of a raw material annually. The cost of placing an order is Rs. 80 and the annual carrying cost is Rs. 4 per unit. The lead time for procuring a fresh supply is 10 days, and the firm wishes to maintain a safety stock of 100 units. Calculate the Economic Order Quantity (EOQ), the number of orders to be placed during the year, and the reorder level of inventory. [14] B.Com. (Hons.) Vth Semester Examination, 2026 FINANCIAL MANAGEMENT Paper : BCH 504 [14]
Set E
Q1. Securities A and B have expected returns of 12 percent and 18 percent, and standard deviations of 8 percent and 15 percent, respectively. If an investor constructs a portfolio investing 60 percent of funds in Security A and 40 percent in Security B, and the correlation coefficient between the returns of the two securities is 0.40, calculate the expected return and standard deviation of the portfolio. [14]
Q2. A bond of face value Rs. 1,000 carries a coupon rate of 10 percent per annum, payable annually, and has 5 years remaining to maturity. If the required rate of return (yield to maturity) on bonds of similar risk is 12 percent per annum, calculate the present value (intrinsic value) of the bond, and state whether the bond is currently overvalued or undervalued if its market price is Rs. 950. [14]
Q3. An equity share is expected to pay a dividend of Rs. 4 per share at the end of the coming year, and this dividend is expected to grow at a constant rate of 6 percent per annum thereafter. If investors require a rate of return of 14 percent per annum on such shares, calculate the theoretical value of the share using the constant growth (Gordon) dividend discount model, and discuss the assumptions underlying this model of security valuation. [14]
Q4. A company issues preference shares of face value Rs. 100 each, carrying a fixed annual dividend rate of 10 percent, and the net proceeds realised by the company after flotation costs amount to Rs. 96 per share. Calculate the cost of preference share capital of the company. [14]
Q5. From the following particulars relating to the book value capital structure of a company, calculate the weighted average cost of capital (WACC) using book value weights : Equity share capital Rs. 5,00,000 (cost of equity 16 percent per annum); Preference share capital Rs. 1,00,000 (cost of preference capital 10 percent per annum); and Long-term debt Rs. 4,00,000 (after-tax cost of debt 7 percent per annum). [14]
Q6. The company referred to in the preceding question has the following market values of its long-term sources of finance : Equity share capital Rs. 8,00,000 (cost of equity 16 percent per annum); Preference share capital Rs. 1,20,000 (cost of preference capital 10 percent per annum); and Long-term debt Rs. 4,00,000 (after-tax cost of debt 7 percent per annum). Calculate the weighted average cost of capital (WACC) using market value weights, and compare it with the WACC computed on the basis of book value weights. [14]
Q7. The earnings per share (EPS) of a company is Rs. 10, the company retains 40 percent of its earnings for reinvestment at an internal rate of return of 15 percent, and the cost of capital (Ke) is 12 percent. Using Gordon's dividend capitalisation model, calculate the market price per share of the company. [14]
Q8. A company has 10,000 outstanding equity shares presently selling at Rs. 100 per share, and it intends to pay a dividend of Rs. 5 per share at the end of the current year. Its equity capitalisation rate (Ke) is 10 percent per annum. Using the Modigliani-Miller (MM) approach, calculate the market price of the share at the end of the year. If the company's total earnings for the year are Rs. 1,00,000 and it requires Rs. 2,00,000 for a new investment programme, calculate the amount of external finance to be raised and the number of new shares to be issued at the year-end price, and show that the value of the firm remains unaffected by the dividend decision. [14]
Q9. Explain the ABC analysis of inventory control, and discuss its usefulness to a firm in managing inventories of different value and importance. [14]
Q10. Discuss the objectives of cash management, and explain the various techniques available to a firm for accelerating cash collections and controlling cash disbursements. [14]
Specialized Accounting (Group A – ADA) (Paper BCH 505(ADA))
Specialized Accounting (Paper BCH 505(ADA), Group A – Accounting Decisions and Applications) covers Human Resource Accounting and its valuation methods and limitations; accounting and disclosure practices relating to human resources; accounting for insurance and reinsurance companies; and the preparation of final accounts of banking companies as compared with general commercial enterprises. Time: 3 Hours, Maximum Marks: 70. Answer any five of the ten questions given below; all questions carry equal marks (14 each). The five sets below (Set A to Set E) give you full practice coverage across every unit of the syllabus.
Set A
Q1. Explain the meaning and importance of Social Accounting, and discuss the objectives it seeks to achieve in the context of the changing role of business in society. [14]
Q2. Discuss the relevance of Social Accounting to modern business enterprises, and examine why companies today are increasingly required to account for their social performance in addition to their financial performance. [14]
Q3. Explain the various approaches to Corporate Social Responsibility (CSR), and discuss how each approach shapes a company's social accounting and reporting practices. [14]
Q4. Explain the meaning and various limitations of Historical Cost Accounting during a period of rising prices, and discuss why these limitations gave rise to the need for Inflation Accounting. [14]
Q5. From the following figures relating to a concern as on 31st March, prepare the Balance Sheet restated under the Current Purchasing Power (CPP) method: Fixed Assets Rs. 4,00,000 (acquired when the General Price Index was 100); Stock Rs. 1,20,000 (acquired when the General Price Index was 120); Cash and Bank Balances Rs. 80,000. The General Price Index on the date of the Balance Sheet is 160. Show your working clearly for the conversion of each item and state the treatment of monetary items under the CPP method. [14]
Q6. Explain the meaning and definition of Value Added, and discuss how the concept differs from the traditional accounting concept of profit. [14]
Q7. Trace the emergence of the Value Added concept in accounting, and discuss the circumstances that led to its adoption as a measure of corporate performance. [14]
Q8. Distinguish between Value Added and Profit as measures of the performance of a business enterprise, bringing out the merits of Value Added as a broader measure of wealth created. [14]
Q9. Discuss the legal framework governing the preparation of final accounts of banking companies in India, with reference to the relevant provisions of the Banking Regulation Act, 1949. [14]
Q10. From the following particulars, calculate the total provision required to be made by a bank on its advances as at the close of the year: Standard Assets Rs. 10,00,000 (provision required at 0.40 percent); Sub-standard Assets Rs. 2,00,000 (provision required at 15 percent); Doubtful Assets Rs. 1,00,000 (provision required at 25 percent). [14] B.Com. (Hons.) Vth Semester Examination, 2026 SPECIALIZED ACCOUNTING Paper : BCH 505(ADA) [14]
Set B
Q1. Discuss the meaning of Social Reporting and describe the various Social Reporting Models used by business enterprises to disclose their social performance. [14]
Q2. Discuss the process of compilation of information for Social Accounting, and examine the practical difficulties faced by an enterprise in gathering and presenting reliable social performance data. [14]
Q3. Examine the limitations of Social Reporting as a tool for measuring and communicating the social performance of a business enterprise. [14]
Q4. Explain the meaning and definition of Inflation Accounting, and discuss the objectives it seeks to fulfil in presenting a true and fair view of financial performance during inflationary conditions. [14]
Q5. Discuss the various objectives of Inflation Accounting, and examine how it attempts to overcome the shortcomings of accounting based on historical cost. [14]
Q6. Discuss the format generally followed in the preparation of a Value Added Statement, bringing out the manner in which the value added is computed and applied among various stakeholders. [14]
Q7. From the following particulars of a company for the year, prepare a Value Added Statement showing the value added and its application: Sales Rs. 10,00,000; Cost of Bought-in Materials and Services Rs. 4,00,000; Wages and Salaries paid to Employees Rs. 3,00,000; Interest and Dividend paid to Providers of Capital Rs. 1,00,000; Taxes paid to Government Rs. 80,000; Depreciation and Retained Profit Rs. 1,20,000. Verify that the value added equals the total of its application. [14]
Q8. Discuss the prescribed format of the Profit and Loss Account of a banking company under the Third Schedule to the Banking Regulation Act, 1949, bringing out its main components. [14]
Q9. Discuss the prescribed format of the Balance Sheet of a banking company under the Third Schedule to the Banking Regulation Act, 1949, bringing out its main components. [14]
Q10. Explain the classification of advances of a banking company into Standard Assets, Sub-standard Assets, Doubtful Assets and Loss Assets, and discuss the provisioning norms applicable to Non-Performing Assets (NPAs). [14] B.Com. (Hons.) Vth Semester Examination, 2026 SPECIALIZED ACCOUNTING Paper : BCH 505(ADA) [14]
Set C
Q1. Explain the meaning, importance and scope of Social Cost Benefit Analysis, and discuss the steps involved in carrying out such an analysis for a proposed project. [14]
Q2. Explain the meaning and objectives of Social Audit, and discuss the process generally followed in conducting a Social Audit of a business enterprise. [14]
Q3. Explain the meaning, need and objectives of Environmental Accounting, and discuss its growing importance in the context of sustainable development. [14]
Q4. Give an overview of the various techniques of Inflation Accounting, distinguishing between the Current Purchasing Power (CPP) method and the Current Cost Accounting (CCA) method. [14]
Q5. Explain the meaning and procedure of the Current Purchasing Power (CPP) method of Inflation Accounting, distinguishing clearly between monetary items and non-monetary items for purposes of conversion. [14]
Q6. Discuss the uses and limitations of a Value Added Statement as a supplementary financial statement of a business enterprise. [14]
Q7. Explain the meaning and objectives of Human Resource Accounting, and discuss its importance in the context of a knowledge-based economy. [14]
Q8. A bank has discounted bills of exchange amounting to Rs. 5,00,000, the average unexpired period of which works out to 60 days, and the rate of discount charged by the bank is 12 percent per annum. Calculate the amount of Rebate on Bills Discounted to be carried forward as at the close of the year, taking the year as 365 days. [14]
Q9. Discuss the legal framework governing the preparation of final accounts of insurance companies in India, with reference to the relevant provisions of the Insurance Act, 1938, and the regulations of the Insurance Regulatory and Development Authority (IRDA). [14]
Q10. Discuss the prescribed format of the Revenue Account of a general insurance business, bringing out the main items of income and expenditure that appear therein. [14] B.Com. (Hons.) Vth Semester Examination, 2026 SPECIALIZED ACCOUNTING Paper : BCH 505(ADA) [14]
Set D
Q1. Discuss the concept of Environmental Audit and examine the manner in which environmental performance is reported by business enterprises in their annual reports. [14]
Q2. Distinguish between traditional (financial) accounting and Social Accounting, bringing out the differences in their objectives, scope and users of information. [14]
Q3. Explain the meaning of the Current Cost Accounting (CCA) method of Inflation Accounting, and discuss the various adjustments made under this method, namely the Cost of Sales Adjustment, the Depreciation Adjustment, the Monetary Working Capital Adjustment and the Gearing Adjustment. [14]
Q4. From the following particulars, calculate the profit of a concern as adjusted under the Current Cost Accounting (CCA) method: Historical Cost Profit Rs. 2,00,000; Cost of Sales Adjustment Rs. 15,000; Additional (Backlog) Depreciation Adjustment Rs. 10,000; Monetary Working Capital Adjustment Rs. 5,000. Also explain briefly the purpose of each of these adjustments. [14]
Q5. Discuss the manner in which an Income Statement is prepared under the Current Purchasing Power (CPP) method of Inflation Accounting, bringing out the treatment of sales, purchases, depreciation and the gain or loss on net monetary items. [14]
Q6. Discuss the various approaches to Human Resource Accounting, distinguishing between the Cost-based approach and the Value-based approach to valuing human resources. [14]
Q7. Give an overview of the important models of Human Resource Accounting, such as the Lev and Schwartz Model and the Flamholtz Model, bringing out their basic features. [14]
Q8. The net premium income of a general insurance company for the year is Rs. 8,00,000, and the Reserve for Unexpired Risk brought forward from the previous year is Rs. 3,50,000. If the company is required to maintain a Reserve for Unexpired Risk equal to 50 percent of the net premium income, calculate the additional amount to be provided for the reserve during the year. [14]
Q9. Discuss the prescribed format of the Balance Sheet of an insurance company, bringing out the main items of assets and liabilities that appear therein. [14]
Q10. Distinguish between the accounting for life insurance business and general insurance business, bringing out the important differences in the preparation of their final accounts. [14] B.Com. (Hons.) Vth Semester Examination, 2026 SPECIALIZED ACCOUNTING Paper : BCH 505(ADA) [14]
Set E
Q1. Discuss the statutory provisions relating to Corporate Social Responsibility under Section 135 of the Companies Act, 2013, and examine their impact on the social accounting practices of Indian companies. [14]
Q2. Discuss the role of the accountant in promoting social responsibility and social reporting, with reference to internationally recognised frameworks such as the Global Reporting Initiative (GRI). [14]
Q3. Discuss the manner in which a Balance Sheet is prepared under the Current Cost Accounting (CCA) method of Inflation Accounting, bringing out the treatment of fixed assets, stock and the Current Cost Reserve. [14]
Q4. Compare the Current Purchasing Power (CPP) method and the Current Cost Accounting (CCA) method of Inflation Accounting, bringing out their respective merits and demerits. [14]
Q5. Explain the concept of replacement cost and net realisable value as used in Current Cost Accounting, and discuss their significance in the valuation of assets during a period of inflation. [14]
Q6. An employee of a company draws an annual salary of Rs. 6,00,000 and is expected to remain in the service of the company for the next 5 years. Using the Lev and Schwartz Model, calculate the present value of the employee's future earnings, taking the discount rate at 10 percent per annum and the relevant Present Value Annuity Factor for 5 years at 10 percent as 3.7908. [14]
Q7. Discuss the various limitations of Human Resource Accounting as a technique of valuing and reporting the human resources of a business enterprise. [14]
Q8. Examine the extent to which Indian companies disclose information relating to their human resources in their corporate annual reports, and discuss the manner of such disclosure. [14]
Q9. Explain the meaning of reinsurance and discuss the accounting treatment of reinsurance premiums and claims in the final accounts of an insurance company. [14]
Q10. Discuss the important differences between the preparation of final accounts of a banking company and those of an ordinary commercial (trading) company. [14]
Personal Finance Decision (Group A – ADA) (Paper BCH 506(ADA))
Personal Finance Decision (Paper BCH 506(ADA), Group A – Accounting Decisions and Applications) covers personal financial planning, home-buying decisions and housing finance, building a diversified investment portfolio, estate planning, and integrating sound personal financial management practices to secure one's financial future. Time: 3 Hours, Maximum Marks: 70. Answer any five of the ten questions given below; all questions carry equal marks (14 each). The five sets below (Set A to Set E) give you full practice coverage across every unit of the syllabus.
Set A
Q1. Explain the meaning, scope and importance of personal financial planning, and discuss the various steps involved in the personal financial planning process. [14]
Q2. Explain the concept of time value of money, and discuss the significance of compounding and discounting in taking sound personal financial decisions, bringing out the difference between present value and future value. [14]
Q3. Explain the meaning and types of savings plans and payment accounts, such as savings accounts, current accounts, fixed deposits, recurring deposits and money market accounts, available to an individual for managing personal finances. [14]
Q4. Discuss the various factors, such as liquidity, safety, rate of return and accessibility, that an individual should consider while choosing a suitable savings plan or payment account. [14]
Q5. Explain the meaning and importance of consumer credit, and distinguish between open-end credit and closed-end credit with suitable examples. [14]
Q6. Explain the meaning and importance of investing, and discuss the fundamental principles of investing, such as the relationship between risk and return, diversification and the setting of investment goals. [14]
Q7. Discuss the various factors, such as risk tolerance, investment time horizon, liquidity needs and tax considerations, that influence an individual's investment decisions. [14]
Q8. Explain the meaning and characteristics of equity shares as an investment avenue, and discuss the factors an investor should consider while selecting stocks for investment. [14]
Q9. Explain the meaning and importance of insurance in personal financial planning, and discuss the basic principles of insurance, such as insurable interest, indemnity and utmost good faith. [14]
Q10. Discuss the meaning and coverage of property insurance and motor vehicle insurance, and explain the factors that generally affect the amount of premium payable under such policies. [14] B.Com. (Hons.) Vth Semester Examination, 2026 PERSONAL FINANCE DECISION Paper : BCH 506(ADA) [14]
Set B
Q1. An individual wishes to accumulate a corpus for his child's higher education after 10 years. If he invests a lump sum of Rs. 2,00,000 today in a fixed deposit earning a compound interest rate of 8 percent per annum, calculate the maturity value (future value) of this investment at the end of 10 years. (Given: (1.08) raised to the power 10 is approximately 2.159.) [14]
Q2. Discuss the various financial aspects that a person should consider while making career plans, bringing out the relationship between career choice, expected income, opportunity cost and long-term personal financial goals. [14]
Q3. Discuss the advantages and dangers of using consumer credit, bringing out the circumstances in which the use of credit can improve or harm a person's financial position. [14]
Q4. Explain the meaning of the five C's of credit and discuss the factors that a lender generally considers before granting credit to a borrower. [14]
Q5. Discuss the various sources of consumer credit, such as commercial banks, non-banking financial companies, credit unions and credit cards, bringing out the distinguishing features of each. [14]
Q6. Discuss the methods used to evaluate stocks for investment purposes, distinguishing between fundamental analysis and technical analysis. [14]
Q7. Explain the meaning and essential features of bonds as a fixed-income investment, bringing out the significance of face value, coupon rate and maturity period. [14]
Q8. An investor purchases a bond having a face value of Rs. 1,000 and an annual coupon rate of 8 percent at a market price of Rs. 960. Calculate the current yield on this bond investment. [14]
Q9. Discuss the meaning and types of health insurance plans available to an individual, and explain the importance of health insurance in personal financial planning. [14]
Q10. Explain the meaning and importance of disability insurance and long-term care insurance, and discuss the factors a person should consider while purchasing such insurance. [14] B.Com. (Hons.) Vth Semester Examination, 2026 PERSONAL FINANCE DECISION Paper : BCH 506(ADA) [14]
Set C
Q1. Explain the meaning and uses of personal financial statements, distinguishing between a personal balance sheet (statement of net worth) and a personal cash flow (income and expense) statement. [14]
Q2. From the following particulars relating to the monthly income and expenditure of a salaried individual, prepare a personal budget in proper format and determine the monthly surplus or deficit: Monthly Salary (net of tax) Rs. 60,000; House Rent Rs. 12,000; Food and Groceries Rs. 8,000; Transportation Rs. 3,000; Utilities (electricity, water, mobile) Rs. 2,500; Insurance Premium Rs. 2,000; Loan EMI Rs. 10,000; Entertainment and Miscellaneous Rs. 4,500; Savings and Investments Rs. 15,000. [14]
Q3. A borrower is comparing two loan offers to finance a purchase of Rs. 1,00,000 repayable over one year. Loan X charges simple (flat) interest at 10 percent per annum, while Loan Y charges interest at 9 percent per annum but adds a one-time processing fee of Rs. 1,500. Calculate the total cost of credit (interest plus fees) under each alternative and advise the borrower which is the cheaper source of credit. [14]
Q4. Explain the meaning of the cost of credit and discuss the various methods of computing interest charges, such as the simple interest method, the add-on interest method and the annual percentage rate (APR). [14]
Q5. A consumer needs to borrow Rs. 50,000 for six months. Option 1 is a credit card cash advance carrying interest at 3 percent per month with a one-time cash advance fee of 2.5 percent of the amount borrowed. Option 2 is a personal loan carrying simple interest at 15 percent per annum with no additional fee. Calculate the total cost of credit under each option and determine which alternative is less costly for the consumer. [14]
Q6. Discuss the various factors that influence bond prices, and explain the relationship between changes in market interest rates and the price of a bond. [14]
Q7. Explain the meaning and advantages of investing in mutual funds, and discuss the various types of mutual fund schemes available to investors. [14]
Q8. Discuss the factors, such as net asset value, expense ratio, past performance and risk profile, that an investor should examine while choosing a suitable mutual fund scheme. [14]
Q9. Explain the meaning and discuss the various types of life insurance policies, such as term insurance, whole life insurance, endowment policies and unit-linked insurance plans. [14]
Q10. Discuss the various factors that should be considered by an individual in determining the amount of life insurance coverage needed and in selecting a suitable life insurance policy. [14] B.Com. (Hons.) Vth Semester Examination, 2026 PERSONAL FINANCE DECISION Paper : BCH 506(ADA) [14]
Set D
Q1. Discuss the meaning and importance of money management strategy, and explain the process of budgeting as a tool for controlling personal income and expenditure, along with the common mistakes people make while budgeting. [14]
Q2. Explain the meaning and importance of tax planning as a part of personal financial strategy, and distinguish between tax planning, tax avoidance and tax evasion. [14]
Q3. Discuss the various consumer purchasing strategies, such as timing of purchase, comparison shopping and evaluation of warranties, that a consumer should adopt before making a major purchase decision. [14]
Q4. Discuss the legal protection available to consumers against unfair trade practices and defective goods and services, with reference to the Consumer Protection Act and the remedies available to an aggrieved consumer. [14]
Q5. Explain the meaning and role of credit reports and credit scores maintained by credit information companies, and discuss their importance in a consumer's access to credit. [14]
Q6. An investor purchased 100 equity shares of a company at Rs. 250 per share. At the end of one year, she received a dividend of Rs. 5 per share and sold the shares at Rs. 275 per share. Calculate the total return (in percentage) earned by the investor on this investment, taking into account both dividend income and capital appreciation. [14]
Q7. Discuss real estate as an investment alternative, bringing out its advantages and disadvantages as compared to financial investments such as stocks and bonds. [14]
Q8. Discuss the various other investment alternatives available to an individual investor, such as gold, commodities, public provident fund and unit-linked insurance plans. [14]
Q9. A person aged 30 wishes to build a retirement corpus of Rs. 50,00,000 by the age of 60. If she invests a fixed amount at the end of each year in an investment plan expected to earn a compound annual return of 10 percent, calculate the annual amount she must invest to reach this target. (Given: the future value annuity factor for 10 percent for 30 years is approximately 164.49.) [14]
Q10. Discuss the meaning and importance of retirement planning, and explain why starting retirement planning early in one's career is considered advantageous, along with the various sources of retirement income. [14] B.Com. (Hons.) Vth Semester Examination, 2026 PERSONAL FINANCE DECISION Paper : BCH 506(ADA) [14]
Set E
Q1. Ravi wants to accumulate Rs. 10,00,000 after 5 years to make the down payment on a house. If he can invest in a scheme offering a compound annual return of 9 percent, calculate the amount he must invest today (present value) to achieve this target. (Given: (1.09) raised to the power 5 is approximately 1.539.) [14]
Q2. Discuss the various factors, such as life-cycle stage, inflation, opportunity cost and the time value of money, that influence personal financial decision making, and explain how sound money management strategy and tax planning together contribute to the achievement of personal financial goals. [14]
Q3. Discuss the meaning and growing importance of electronic payment accounts, such as mobile wallets and UPI-based payment systems, and explain the precautions a consumer should take while using them. [14]
Q4. Discuss the problems and pitfalls associated with the excessive use of credit cards, and explain the precautions a consumer should take to avoid falling into a debt trap. [14]
Q5. Discuss how a well-chosen combination of savings plans and payment accounts, prudent use of consumer credit, careful comparison of the cost of credit alternatives, and sound purchasing strategies backed by legal protection together help an individual manage personal finances effectively. [14]
Q6. Explain the various factors, such as location, price, financing options and future resale value, that a person should consider while making the housing decision. [14]
Q7. Discuss the financial aspects involved in buying a house, such as the down payment, the home loan (mortgage), the equated monthly instalment (EMI) and associated costs and taxes. [14]
Q8. Discuss the concept and benefits of building a well-diversified investment portfolio by combining stocks, bonds, mutual funds and real estate in line with an investor's financial goals and risk appetite. [14]
Q9. Explain the meaning and importance of estate planning, and discuss the various tools of estate planning, such as making a will, creating a trust and nomination in financial assets. [14]
Q10. Discuss how a person can control his or her financial future by combining sound insurance planning, disciplined retirement planning and proper estate planning. [14]
Financial Market Operations (Group B – FOS) (Paper BCH 505(FOS))
Financial Market Operations (Paper BCH 505(FOS), Group B – Financial Operations and Services) covers investor protection mechanisms in the Indian securities market, the erstwhile role of the Company Law Board, redressal of investor grievances, and the meaning, types, structure and regulatory framework of Mutual Funds in India. Time: 3 Hours, Maximum Marks: 70. Answer any five of the ten questions given below; all questions carry equal marks (14 each). The five sets below (Set A to Set E) give you full practice coverage across every unit of the syllabus.
Set A
Q1. Explain the concept and evolution of the financial system, and discuss the various stages through which the Indian financial system has developed since Independence. [14]
Q2. Discuss the structure of the Indian Financial System, bringing out the role and inter-relationship of financial institutions, financial markets, financial instruments and financial services. [14]
Q3. Explain the meaning, features and functions of the Indian Capital Market, and discuss its significance in the process of capital formation. [14]
Q4. Discuss the structure of the Indian Capital Market, distinguishing between the primary market and the secondary market, and examine the various instruments traded in it. [14]
Q5. Explain the functions of the Primary Market and discuss the various methods by which a company can raise capital from the primary market. [14]
Q6. Explain the meaning, components and functions of the Secondary Market, and discuss the role played by it in providing liquidity to investors. [14]
Q7. Discuss the relationship between the primary market and the secondary market, and examine how the efficiency of the secondary market influences investment in the primary market. [14]
Q8. Explain the meaning and significance of Listing of Securities, and discuss the various types of listing followed by stock exchanges in India. [14]
Q9. Discuss the meaning and functions of a Stock Exchange, and give an account of the major stock exchanges functioning in India. [14]
Q10. Explain the various types of operations carried out on a stock exchange, distinguishing between cash (spot) transactions and forward (derivative) transactions. [14] B.Com. (Hons.) Vth Semester Examination, 2026 FINANCIAL MARKET OPERATIONS Paper : BCH 505(FOS) [14]
Set B
Q1. Examine the functions of the Indian Financial System and critically evaluate the role played by it in mobilising savings and channelising them into productive investment in the economy. [14]
Q2. Discuss the role of the financial system in promoting the economic growth and development of a country, with special reference to India. [14]
Q3. Discuss the mechanism of a Public Issue of securities, explaining the various stages involved from the drafting of the prospectus to the listing of securities. [14]
Q4. Explain the concept and process of an Initial Public Offering (IPO), and discuss the advantages and risks associated with investing in an IPO. [14]
Q5. Explain the meaning and mechanism of Book Building as a method of pricing and issuing securities, and distinguish it from the fixed price method of issue. [14]
Q6. Discuss the procedure and guidelines for Listing of Securities on a recognised stock exchange, with reference to the listing agreement. [14]
Q7. Explain the meaning, grounds and procedure of Delisting of Securities, distinguishing between voluntary delisting and compulsory delisting. [14]
Q8. Examine the need for Investor Protection in the securities market, and discuss the common categories of investor grievances arising out of transactions in securities. [14]
Q9. Discuss the various types of operators found on a stock exchange, such as brokers, jobbers, bulls, bears, stags and lame ducks, bringing out the role played by each. [14]
Q10. Explain the meaning and process of Demutualisation of Stock Exchanges, and discuss the objectives sought to be achieved through demutualisation. [14] B.Com. (Hons.) Vth Semester Examination, 2026 FINANCIAL MARKET OPERATIONS Paper : BCH 505(FOS) [14]
Set C
Q1. Explain the meaning, features and functions of the Indian Money Market, and discuss its role in maintaining liquidity in the economy. [14]
Q2. Discuss the various instruments traded in the Indian Money Market, such as Treasury Bills, Commercial Paper, Certificates of Deposit and Call Money, bringing out the distinguishing features of each. [14]
Q3. Discuss the concept of a Stock Option (Employee Stock Option Scheme) and examine its significance as a method of raising capital and rewarding employees. [14]
Q4. Discuss the guidelines issued by the Securities and Exchange Board of India (SEBI) governing public issues of capital, and examine their objectives. [14]
Q5. Examine the role of SEBI in regulating and protecting the interests of investors in the primary market, with reference to its disclosure and investor-protection guidelines. [14]
Q6. Discuss the common grievances faced by investors in the Indian securities market, such as delay in transfer of shares, non-receipt of dividend and refund, and non-receipt of allotment letters. [14]
Q7. Explain the various methods available for the redressal of investor grievances in India, and discuss the effectiveness of each. [14]
Q8. Discuss the role and functions of the Grievance Redressal Authorities set up for the protection of investors in the securities market. [14]
Q9. Examine the benefits and challenges of Demutualisation of Stock Exchanges in India, with reference to the experience of the Bombay Stock Exchange and the National Stock Exchange. [14]
Q10. Discuss the objectives and salient provisions of the Securities Contracts (Regulation) Act, 1956, and examine its significance in regulating the securities market in India. [14] B.Com. (Hons.) Vth Semester Examination, 2026 FINANCIAL MARKET OPERATIONS Paper : BCH 505(FOS) [14]
Set D
Q1. Examine the principal defects from which the Indian Money Market suffers, and suggest measures for its reform and strengthening. [14]
Q2. Discuss the recent trends and reforms undertaken in the Indian financial sector since liberalisation, with reference to the recommendations of the Narasimham Committee. [14]
Q3. Discuss the recent marketing strategies adopted by companies for a successful public issue, such as advertisement, brand building, road shows and green-shoe options. [14]
Q4. Explain the meaning and role of Merchant Bankers as intermediaries in the primary market, and discuss the functions performed by them in a public issue. [14]
Q5. Discuss the role of Underwriters, Registrars and Bankers to the Issue as intermediaries in the primary market, bringing out the significance of each in a public issue. [14]
Q6. Examine the role played by the Press and Media in creating investor awareness and in highlighting malpractices in the securities market. [14]
Q7. Discuss the role of the Judiciary in providing protection to investors against fraudulent and unfair practices in the securities market. [14]
Q8. Examine the role of the Securities and Exchange Board of India (SEBI) in the protection of investors' interests, with reference to its regulatory and investigative powers. [14]
Q9. Explain the purpose for which the Securities and Exchange Board of India (SEBI) was established, and discuss its principal functions as the regulator of the Indian securities market. [14]
Q10. Discuss the various measures taken by SEBI from time to time to regulate stock exchanges and protect the interests of investors in the securities market. [14] B.Com. (Hons.) Vth Semester Examination, 2026 FINANCIAL MARKET OPERATIONS Paper : BCH 505(FOS) [14]
Set E
Q1. Explain the meaning and role of Acceptance Houses and Discount Houses in a money market, and discuss the extent to which such institutions exist and function in India. [14]
Q2. Distinguish between the organised and unorganised segments of the Indian Money Market, and discuss the steps taken by the Reserve Bank of India to integrate and modernise the money market. [14]
Q3. Examine the role of Credit Rating Agencies in the Indian capital market, and discuss the significance of credit rating for investors in a public issue of debt securities. [14]
Q4. Distinguish between a Public Issue, a Rights Issue and a Private Placement as methods of raising capital in the primary market. [14]
Q5. Discuss the problems faced by the primary market in India, and suggest measures for improving the efficiency of the primary market and issue mechanism. [14]
Q6. Discuss the role formerly played by the Company Law Board in the redressal of investor grievances and in matters relating to companies. [14]
Q7. Critically examine the adequacy of the existing investor-protection mechanism in India, and suggest measures for strengthening investor confidence in the securities market. [14]
Q8. Discuss the various sources from which an investor can seek redressal of grievances relating to non-payment of dividend, non-transfer of shares and non-receipt of securities allotted to him. [14]
Q9. Explain the meaning, types and structure of Mutual Funds, and discuss the advantages of investing through mutual funds as compared to direct investment in securities. [14]
Q10. Discuss the regulatory framework governing Mutual Funds in India, and examine the role of SEBI in the regulation and supervision of mutual funds. [14]
Insurance and Risk Management (Group B – FOS) (Paper BCH 506(FOS))
Insurance and Risk Management (Paper BCH 506(FOS), Group B – Financial Operations and Services) covers the underwriting procedure followed by general insurers, the powers and functions of the Insurance Regulatory and Development Authority (IRDA), fire, marine and motor insurance, methods of reinsurance (facultative and treaty), and the overall risk management process in an organisation. Time: 3 Hours, Maximum Marks: 70. Answer any five of the ten questions given below; all questions carry equal marks (14 each). The five sets below (Set A to Set E) give you full practice coverage across every unit of the syllabus.
Set A
Q1. Trace the history of insurance in general and in India in particular, explaining how the institution of insurance has evolved from ancient risk-sharing arrangements to its present organised form. [14]
Q2. Explain the basic nature of insurance and bring out the essential characteristics that distinguish it from other methods of dealing with risk, such as saving, gambling and speculation. [14]
Q3. Explain the fundamental principles of life insurance and discuss their impact on the insurability of a proposed life. [14]
Q4. Explain the meaning and purpose of mortality tables and discuss the various kinds of mortality tables used in life insurance. [14]
Q5. Discuss the basic elements involved in the computation of premium under a life insurance policy, bringing out the role of the mortality rate, rate of interest and loading. [14]
Q6. Discuss the various proposal and policy forms used in general insurance, and explain the significance of the information furnished by the proposer in these forms. [14]
Q7. Explain the scope of coverage of a fire insurance policy, and discuss the standard exclusions and the perils covered under such a policy. [14]
Q8. Explain the scope of coverage of a marine insurance policy, and distinguish between marine cargo insurance and marine hull insurance. [14]
Q9. Explain the basic concept of risk and discuss the various bases on which risks are classified in the study of risk management. [14]
Q10. Describe the process of risk management and discuss the sequential steps involved in identifying, evaluating and treating risk in an organisation. [14] B.Com. (Hons.) Vth Semester Examination, 2026 INSURANCE AND RISK MANAGEMENT Paper : BCH 506(FOS) [14]
Set B
Q1. Define insurance and discuss the various definitions given by different authorities, bringing out the economic, legal and functional aspects of the concept. [14]
Q2. Compare Life Insurance with other forms of insurance such as fire, marine and general insurance, bringing out the points of similarity and difference between them. [14]
Q3. A life insurance company charges a net level annual premium calculated on the basis of the expected mortality cost and a rate of interest, before adding loading for expenses. If the pure (net) risk premium works out to Rs. 8 per Rs. 1,000 of sum assured and the company adds a loading of 25 percent of the net premium towards expenses, calculate the gross premium payable per Rs. 1,00,000 of sum assured, and briefly explain the components that make up the gross premium. [14]
Q4. Discuss the peculiarities of a life insurance product as compared to products of general insurance, and explain the classification of life insurance policies on the basis of duration, premium payment and benefits. [14]
Q5. Explain the classification of life insurance products such as whole life, endowment, term, money-back and unit-linked insurance plans, bringing out the distinguishing features of each. [14]
Q6. Discuss the scope of coverage of a motor insurance policy, and distinguish between a comprehensive (package) motor policy and a liability-only (act) motor policy. [14]
Q7. Discuss the various kinds of miscellaneous insurances, such as personal accident, health, burglary and fidelity guarantee insurance, bringing out the scope of coverage under each. [14]
Q8. Describe the class of insurance known as industrial all risk insurance, and discuss the categories of business and property for which such specialised cover is designed. [14]
Q9. Explain the process of identification and evaluation of risk, and discuss the techniques used in risk analysis to measure the frequency and severity of potential losses. [14]
Q10. Discuss the meaning and importance of risk control, and explain the various methods of loss prevention adopted by an organisation to reduce the frequency and severity of losses. [14] B.Com. (Hons.) Vth Semester Examination, 2026 INSURANCE AND RISK MANAGEMENT Paper : BCH 506(FOS) [14]
Set C
Q1. Explain the general principles of the law of contract and discuss their applicability to a valid contract of insurance. [14]
Q2. Discuss the principle of utmost good faith (uberrimae fidei) as applicable to a contract of insurance, and explain the duties of disclosure cast on the insurer and the insured. [14]
Q3. Discuss the nature of group insurance and explain the essential features that distinguish it from individual life insurance. [14]
Q4. Explain the various types of group insurance covers available, such as group term insurance, group gratuity and group superannuation schemes, and discuss their significance to employers and employees. [14]
Q5. Discuss the procedure followed for settlement of a maturity claim under a life insurance policy, and explain the documents required to be submitted by the policyholder. [14]
Q6. Describe the class of insurance known as aviation insurance, and discuss the specialised knowledge required for underwriting and administering such policies. [14]
Q7. Describe the class of insurance known as oil and gas insurance, and discuss the peculiar hazards associated with this class that call for specialised underwriting knowledge. [14]
Q8. Discuss the regulatory provisions contained in the Insurance Act, 1938, and examine the manner in which these provisions govern the conduct of insurance business in India. [14]
Q9. Discuss the concept of risk financing and explain the various methods of transfer of risk available to an organisation as part of its risk management programme. [14]
Q10. Explain the concept of risk retention and discuss its importance as a technique of risk management, distinguishing between planned (active) retention and unplanned (passive) retention. [14] B.Com. (Hons.) Vth Semester Examination, 2026 INSURANCE AND RISK MANAGEMENT Paper : BCH 506(FOS) [14]
Set D
Q1. Explain the doctrine of insurable interest and discuss its significance in distinguishing a valid contract of insurance from a wagering agreement. [14]
Q2. Discuss the essential elements of a valid contract as laid down under the general law of contract, and examine how each of these elements applies to an insurance contract. [14]
Q3. Discuss the procedure followed for settlement of a death claim under a life insurance policy, distinguishing between an early claim and a claim arising after the policy has run for a substantial period. [14]
Q4. Explain the procedure for settlement of claims under a survival benefit and a surrender of a life insurance policy, bringing out the basis on which the surrender value is calculated. [14]
Q5. Discuss the circumstances under which a life insurance claim may be repudiated by the insurer, and examine the safeguards available to a policyholder or nominee against wrongful repudiation. [14]
Q6. Discuss the objectives and salient provisions of the Insurance Regulatory and Development Authority Act, 1999, and examine the role of the IRDA in regulating the insurance sector. [14]
Q7. Explain the meaning and objectives of underwriting in insurance, and discuss the practices and procedures generally followed by an insurer while underwriting a proposal. [14]
Q8. Discuss the various types and classification of hazards, distinguishing between physical hazard, moral hazard and morale hazard, with suitable examples of each. [14]
Q9. Explain the meaning and basis of reinsurance, and discuss its importance to a direct insurer as a method of spreading and transferring risk. [14]
Q10. Distinguish between risk control and risk financing as approaches to risk management, and discuss the circumstances under which an organisation would prefer one approach over the other. [14] B.Com. (Hons.) Vth Semester Examination, 2026 INSURANCE AND RISK MANAGEMENT Paper : BCH 506(FOS) [14]
Set E
Q1. Examine the social and economic significance of insurance as an institution, and discuss the role it plays in providing security to individuals, business and society. [14]
Q2. Explain the growth and development of the insurance industry in India from the pre-independence period to the post-liberalisation era, highlighting the major landmarks in this evolution. [14]
Q3. Explain the concept of insurability in life insurance and discuss the factors, such as age, health, occupation and habits, that a life insurer takes into account while assessing the insurability of a proposer. [14]
Q4. Distinguish between a participating (with-profit) and a non-participating (without-profit) life insurance policy, and discuss the basis on which bonus is declared and added to a participating policy. [14]
Q5. Discuss the role of the nomination and assignment provisions under a life insurance policy, and examine their significance in the settlement of policy claims. [14]
Q6. Explain the underwriting procedure followed by a general insurer from the receipt of a proposal to the issue of a policy, and discuss the factors considered in accepting or declining a risk. [14]
Q7. Discuss the powers and functions of the Insurance Regulatory and Development Authority of India with respect to the registration, licensing and supervision of insurers and intermediaries. [14]
Q8. Distinguish between fire insurance, marine insurance and motor insurance with reference to the nature of the subject matter insured, the perils covered and the basis of claim settlement. [14]
Q9. Discuss the various methods of reinsurance, such as facultative and treaty reinsurance, and distinguish between proportional and non-proportional forms of reinsurance. [14]
Q10. Explain the overall risk management process in an organisation, integrating risk identification, risk analysis, risk control, risk financing and risk retention, and discuss how reinsurance supports this process at the level of an insurer. [14]
Get Fully Exam-Ready for B.Com (Hons.) Semester V
These 400 practice questions across Export Import Procedures and Documentation, Industrial Laws, Consumer Behaviour & Advertising Management, Financial Management, and both elective groups – Group A (ADA: Specialized Accounting, Personal Finance Decision) and Group B (FOS: Financial Market Operations, Insurance and Risk Management) – cover the complete Lucknow University B.Com. (Hons.) Fifth Semester syllabus. If you want structured video lectures, unit-wise handwritten notes, previous year questions (PYQ), most important questions (MIQs), and doubt-solving support for all papers of your chosen group in one place, join LUUPDATE's complete B.Com (Hons.) Semester V course and prepare with a proven, university-aligned study plan.
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