Name of the University : Uttarakhand Open University
Degree : B.B.A
Subject Code/Name : BBA202 Microeconomic and Banking Foundation of Business
Semester : II
Document Type : Old Question Papers
Website : uou.ac.in
Download Model/Sample Question Paper : https://www.pdfquestion.in/uploads/uou.ac.in/4366.-BBA-202%281%29.pdf
UOU Banking Foundation of Business Question Paper
B.B.A- 10/BBAH-11 (Bachelor of Business Administration)
Second Semester, Examination-2012
BBA-202 Microeconomic and Banking Foundation of Business
Time : 3 Hours Maximum Marks: 60
Related : UOU BBA203 Company Accounts BBA Question Bank : www.pdfquestion.in/4765.html
Instructions
This paper is of sixty (60) marks divided into three (03)
sections. Learners are required to attempt the questions contained in
these sections according to the detailed instructions given therein.
SECTION – A
(Long-answer – type questions)/ (nh- kZ mRrjh; iz’u )
Note : Section ‘A’ contains four (04) long-answer-type questions of
fifteen (15) marks each. Learners are required to answer any two (02)
1. Define elasticity of demand.
2. Define demand forecasting.
3. What is meant by total cost, average cost
4. What is meant by perfect competition-
1. What do you mean by debenture? What are the various methods of redeeming the debentures?
2. What do you understand by redeemable preference shares? State the provision of Companies Act, 1956 regarding redemption of preference shares.
3. What is meant by the final accounts of a company? Describe in brief the provisions of Companies Act, 1956 regarding the preparation of final accounts.
4. A company issued 1,000 6% debentures of Rs. 100 each at a premium of 10% payable at Rs. 25 on application, Rs. 35 on allotment, Rs. 30 on first call and the balance on second call. Applications for 900 debentures were received and the allotment was made.
One debenture holder holding 100 debentures paid the whole amount on allotment. Another debenture holder who holds 50 debentures failed to pay the amount of both the calls.
The debentures were allotted on 1st January 2010, date of first call was 1st July, 2010, and second call was made on 1st October, 2010. The company pays interest on advance money @ 6% p.a. Pass journal entries in the books of company.
SECTION – B
(Short – answer – type questions)
Note : Section ‘B’ contains eight (08) short- answer type questions of
five (05) marks each. Learners are required to answer any four (04)
questions only. Answers of these questions must be restricted to two
hundred fifty (250) words approximately. (4*5=20)
5. Briefly discuss any four (04) of the following;
5.1 Critically examine the Law of Equi-marginal Utility.
5.2 What are the various types of production costs-
5.3 Discuss the assumptions of law of variable proportions.
5.4 Explain the characteristics of monopolistic competition.
5.5 Explain oligopoly-
5.6 Discuss the criteria for market classification-
5.7 Write short notes on;
(a) Law of increasing returns(b) Production Function
5.8 Distinguish between fixed cost and variable cost.
SECTION – C
(Objective – type questions) / – – –
Note : Section ‘C’ contains ten (10) objective –type questions of one
6. Fill in the blanks with appropriate words or phrases;
6.1 Decision of a consumer to buy a commodity depends upon
6.2 Price consumption curve and budget price line starts
6.3 When average product equals zero, total product is………………………
6.4 Wages paid by a firm to the labour hired are ……………….. costs.
6.5 A firm earns normal profits when price is ………………… to AC.
7. Indicate the correct answer-option;
7.1 When price of a commodity rises and outlay
a) Less than one b) More than onec) Equal to one d) None of these
7.2 A competitive industry is in equilibrium when;
a) Demand is maximum b) Supply is maximum
c) Price is maximum d) Demand is same as supply
7.3 AR curve of a firm under monopolistic competition is;
a) Upward sloping from left to rightb) Parallel to X-axis
c) Parallel to Y-axisd) Downward sloping from left to right
7.4 The addition to total cost caused by the addition
a) Marginal Cost b) Economic Cost
c) Opportunity Cost d) None of these
7.5 The demand curve is perfectly elastic under;
a) Monopolistic Competitionb) Perfect Competition
c) Monopolyd) Oligopoly