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36
IUANAGE}IENT PROGRAMME

Term-End Examination

December, 2A06





MS41@ : WORKINGCAPITAL

MANAGEMENT.

-il .





Tine: 3 hours MaximumMarkg: 700

(IlVeightage

7@/o)



" ffole t Attempt any fioe questions. All questions carry

equal marks.





1. "Every financial decision has an impact on the risk*efum



profile of a firm. Therefore, the financing decision of



worhng capital of a firm also determines the riskreturn



profile of a firm with regard to its working capital." Do you

l



e with the_ statement ? Support your answer with



necessary examlle(s). Also, discussvarious approaches to



financing 'of worhng capital and how each approach



affects a firm's overall risk and profitability. 20









MS-41o P.T.O.

2. State with reasons whether the following statements are

true : 20



(i) The underlying objective behind working capital

decisions is to ensure sound liquidity position of a

firh so that it can meet its businesscommitments on

time and at the minimum cost.



(iil Both, the Baumol Model and the Miller-On Model,

determine the optimum cash holding by firms under-

different set of assumptions.



(iii) ABC Analysis is a better indicator of the quality of

inventory than Inventory Turnover Ratio.



(iv) There is no difference between a commercial paper

and a commercial bill of exchange.





3. (a) What do you understand PrudentialNorms for

by

ExpgsureUmits ? Why have they been prescribed

by ReserveBank of India ?



(b) What do you understand Consortium

by Lending ?

How doesit differ from syndication loans ?

of 20





4. (a) Discusshow.the Baumol Model can reduce the cost

of managing working capital of a firm.









MS41@

(b) A company - Sneh Manufacturing Pvt. Ltd. -

has finalised its annual accounts. Profit and Loss

Account and Balance Sheet for the year 2005 - 06

are glven oelow :

'

Profit and Loss Account

For the year ending on 31-03-2006



Debit Credit

Particulars Particulars (Rs.)

(Rs.)



Opening Stock : Sales 1,00,000



Raw Material 10,000 Closing Stock r

Work-in-Progress 30,000 Raw Material 11,000



Finished Goods 5,000 Work-in-Progress 30,500



Purchases 35,000 Finished Goods 8,500



wages ancl

Manufacturing Expenses 15,000

Gross Profit c/d 55,000

1,50,000 1,50,000



Administrative Expenses 15,000 Gross Profit b/d 55,000



Selling and Distributive

Expenses 10,000

Net. Profit 30,000

55,000 55,000





MS41@ P.T.O.

Balance Sheet

as on 31-3-2006



Uabilities Rs. . Assets Rs.



Share Capital 1,60,000 Fixed Assets 1,00,000

Profit and Loss Account 30,000 Closing Stock :

Creditors 10,000 Raw Material 11,000

Work-in-Progress 30,500

Finished Goods 8,500

Debtors 30,000

Cash and Bank 20,000

2,00;000 2,00,000

Opening Debtors and Opening Creditors u)ere

Rs. 6,500 and Rs. 5,000 respectively. You are

required to determine the Operating Cycle of the

Company. 20





5. The details of XYZ Company's producl costs, stock and

plans, liabilities are as follows :





Activity l-evel

Produce 10,000 units of Product lX' in a period of

four weeks. There is no opening stock for the

product.







MS-41o

* Cost Structure of Product

Raw material = Rs. 75 per unit

latrour costs = Rs. 60 per unit

Variable Overheads= Rs. 25 per unit

Fixed Overheads= Rs. 15,00,000 per 4 weekly

Period

'

Selling price = Rs. 500 per unit





t lpvels of Stocks Planned

(i) Raw materials : 2 weeks consump.tion

(i0 Work-in-Process : 4 weeks

(ii| Finished Goods : 2 weeks supply

(iv) Debtors settle the bills six weeks after supply





* Current Liabilities Structure



(i0 Raw materials paid for ot ihe end of the

month in which delivery is made.



t (i\4 Expense creditors allow an'aveftlge of six weeks

credit.

You are required to estimate . the level of working





and 4 weeks in a month for computation purposes. 20









Ms41@ P.T.O.

6. In May 2006, Mr, Sushil Vats was appointed",as the new

Chief Manager-Financeof M,/s Deshmukh Industries Prirate

Umited (DIPL). He was responsiblefor looking after the

Working Capital Management of the Company. He first

went through the Annual Financial Statements of the

Company and found that the Company did not have

. sufficient amount of worhng capital to meet 2006 - 07

sales targets. Thercfore, he immediately constituted a team

of two fingnce managers - Mr. V.K. Sood and Mr. Rishi

Wadhwa to work out necessaryamount of working capital

that is to be needed to meet the targets of the year

2006 - 07 and also, suggest the ways to find better

managementof the Working Capitalat DIPL.



DIPL was set up in July 1986 and since then it is

mainly in the businessof manufacturing hardware, cutlery,

steel fumiture and office steel equipment. They are not in

the retail business. Ttieir major clients are Government

offices and corporates who buy these on credit basis.

Due to the stiff competition, there is always a pressure

on the Company to sell on credit basis and in fact, a

pressure of extending the usual credit period. This has

forced the Company to being arrange more funds for

wdrking capital. Further, due to hard pressed for profits

in the last 5 years, the managementof the Company has

decided to diversify its operation and they have entered





MS41o

into bus-building actMty from March 2006 at Nazafgarh,

Delhi. Atl these are making the job of Mr. Vats a

challengingjob - he has to optimize the use of working

capital and provide necessarysupport for the same.



Mr. Sood and Mr. Wadhwa have collected the following

information about the sales and cost.



Rs. in lokhs



(i) Sales Targets for the year 2006 - 0T Rs.12,000

(i0 Existing Level of Sales Rs.9,000

for which the following cost sheet is available







(iit Cost Statement :

(a) Raw Material 50'0070

(b) Direct Wages 5'0070

(c) Direct Expenses 2.:500/o

(d) Variable Factory Overheads l'50o/o

(e) Depreciation - Fixed 0'5Ao/o

0 Fixed Factory Overheads

'other than Depreciation

1'007o

(g) Administrative Expenses- Fixed 2'OOo/o

(h) Marketing and Selling Expenses

(40o/oare hxedl

5'00%o



Ms41@ P.T.O.

They have also collectedthe following information

that, they think, wouldbe very usefulin the estimation

of working capitalrequirement the Company:

of

(i) Stock of Material 2 month's dverage



tii) Work-in-process 1 month'saverage

2

-(a) Completed 100V0with respect to Material

(bl Completed 750lo with respect to Direct

Fxpenses

(c) Completed 500/6with respect to all other

relevant o(Penses

1

iiit) Finished Goods Inventory li month's average

(iv) Average Collection

2'months

period of Debtors

(v) Average Payable period 1

to Creditors 2i months

z'

(vi) All expenses are paid with a lag of one month

excgpt 507o of Fixed Marketing and Selling

Distribution, which are paid in advance for a

quarler.

Mr. Wadhwa has instructed them to ensure 25o/oof

Current Liabilities should be in the form'of Cash in

hand and at Bank while estimating the amount of

working capital as it is very essential to ensure

sufficient liquidity in the Company.

Required :

Determine the required amount of working capital

that is to be financed from sources other than the

present current tiabilities.





MS-41@

7. Explain in brief the following and bring out the differences

between them : 20

(i) Reorder Level and Safety Stock Level

(ii) Bank Credit and Trade Credit - as source of

financing working capital requirement

(iii) Bank Rate and Prime Lending Rate



M Current Ratio and Quick Ratio - measures of

liquidity.of a firm



8. Write short notes on any four of the following : 20

r (i) Liquidip vs. Profitability in Working Capital

. (ii) VED Analysis

(iit Treasury Bills



. (iv) Multivariate Statistical Models to determine the credit

rating of a customer

(v). Cash Budget

(vi) Simulation - as modelling tool for various financial

decisions









MS41 9 1,000

t

IT{ANAGEMENTPROGRAMME

Term-End Examination

Decembeu 2OO6



MS-42@: CAPITAL

INVESTMENTAND

FINANCINGDECISIONS

Time:3 hours MaxlmumMarks: 700

(Weightage7@/o)

Nofe ; Attempt'any fioe questions. questiions

All carry

equal marks. Present Value Tables witt be

supplted,if askedt'or.



1. "Forward is a plain vanilta instrument that gives birth to



derivativesthrough financial engineering." In the light of



this statement explain the meaning and significance of



derivatives. Explain any two derivative products and show



the value addition in them.





2. What do you understand by re-organisation of capital ?



How does it differ from financial reconstruction ? Discuss



the ways in which capital re-organisationmay take place.







MS42 @ P.T.O;

3. Write explanatory notes on :

(a) Soft Loans

(b) Venture Capital

(c) Conversion Option

(d) Euro-CurrencyMarket

(e) Mortgaged B'ackedSecurities



4. Precision Instruments is considering two mutually exclusive

projects X and Y. The following details arc made arnilable

to you :

Rs. in lokhs

Project X Project Y



Project Cost 700 700

Cash flows :

Year 1 100 500

Year 2 200 400

Year 3 300 200

Year 4 450 100

Year 5 600 100

Total 1650 1300

Assume no residual value at the end of the fifth year. The

firm's cost of capital is L}o/o. You are required to

calculate :

(i) Net Present Value, using 10% as discount rate,

(ii) Internal Rate of Return, and

(iii) Profitability Index in iespect of each project.





Ms426

5. Ashoka Ltd. is expanding its capacity. In the corning year,

the company will either purchase or lease eqtripment which

it plans to use for 4 years and then replace it.with a new

one. Its current tax bracket is 507o. The other data are as

'

fotlows ,

Purchase :

(i) The purchaseprice of"the equipment is Rs. 40 lakhs.

(i0 Expected salvagevalue after 4 years is Rs. 10 lakhs.

(iii) The equipment is subject to the straight line method

of depreciation.

M Funds to finance the equipment can be obtained at

160/oper annum. ,

(v) The loan is to be repaid in four equal annual

instatmentsdue at the end of each year.

(vi) The equipment will increase the annual revenue by

Rs. 30 lakhs and increase annual cash operating

costs by Rs. 20 takhs.

Leasing :

(i) Tha annual lease is Rs. 10 lakhs.

(ii) The lease rent is payable at the end of each year for

4 years.

(iii)The equipment will increaseannual revenue by Rs. 30

lakhs and increase annual non-depreciation operating

coststby Rs. 19 tak*rsas the lessor will pay Rs. 1 lakh

for the maintenance costs associated with the

equipment.

'are

You required to determine whether the company

should purchase or lease the equipment.



MS42 @ Pf.o,

6. (a) What do you understandby Project Life Cycle ? With

the help of a diagrarn, show time distribution of

project effort.

(b) Write an explanatory note on Cybernetic control.



7. Explain, with the help of a diagram, the Decision Tiee

Analysis and show its significance in capital budgeting

decisions.



8. (a) "social costs and benefits and private costs and

benefits differ, while undertaking economic appraisat

of a project." Explain the reasons for such

differences between the two.

(b) Distinguishbetween businessrisk and financial risk. If

the businessrisk in a project is high, what advice

would you give ?









MS42@ 1,000

IUANAGEMEM PROGRAMME

Term-End Examination

Decembe4 2OO6





MSit(t @ : MANAGEMENTCONTROL

SYSTEMS

Time:3 hours Maxlmum Marks: 700

(Weishtage70%o)



Nole :

(i) There are two Sections: Section andB.

A

(ri) SectionA is meant for the students who haue

registered MS-45beforeJanuary2005 i.e. upto

for

July 2004 semesten

Aiil Sectton B is meant for the sfudents who haue

registered MS-43from January2005 semester

for

onwards.

(iu) Attempt any fiue questions

(u) All questionscarry equal marks.









Ms43@ P.T.O.

SECTION A



1. "The changing organisationalstructure of companies has

lead to increased delegation of authority and

responsibility." Explain.



2. Explain the yardsticks available for measuring the

performance of a profit centre.



3. Describethe variousmethodsavailable determinationof

for

interdivisional hansfer pnce.



4. Discuss the methods available for the measurement of

performance of an investmentcentre.



5. Explain the concept of Zero Base Budgeting. Describethe

methodology used ahd steps taken to implement the Zeto

Base Budgeting process.



6. "The objective of responsibility accounting is to estrablisha

means of performance maintenanceand control." Explain.



7. Write short notes on the following :.

(i) Management control systemin professionalfirms

(iil Managementcontrol systemin hospitals

(iii) Sub-contractingand control

(iv) Management control systemin hotels



8. Explain the primary diflerence between profit and

non-profit organisations. Discuss the method adopted for

measuring output in a non-profit organisation'





Ms43@

SECTION B



1 . Identify the viarious critical components of management

control and explain how do they influence the behaviour in

an organisation.



2. Differentiate between Corporate tevel strategies and

Business unit level strategies. Also explain the application

of BCG Model in formulating Businessunit level strategies.



3 . Discuss the general nature of responsibility centres and

explain the consideration involved in their classification.



4. Explain the role of profit centre in an organisation and

discuss how the boundary conditions influence the

measurement of the performance of profit centres.



5. How is the control process for Capital expenditure

different from that for Revenue expenditure ?



6. Explain the ',rarioustypes of metrics used in Performance

Measurement.



7 . What are the risks faced by the banks ? Explain the rote of

Management Control System in containing these risks.



8. Whert are the characteristics of a project organisation ?

Explain how do these characteristics affect the design. of

control system for a project.









1,000

MANAGEMENT PROGRAMME

Term-End Examination

December, 2006



MS44@ : SECURTTY

ANALYS|SAND

PORTFOLIOMANAGEMENT

Time:3 hours MaximumMarks: 100

(Weightage70%o)

Note : Attempt any fiae questions.All questionscarry

equal marks presentualueqnd annuity tablesare

to be prouided,if askedfor.



l. What is Invesknent ? How is it different from speculation

?

Explain the various steps invorved in the investment

process.



2' (a) Explain the risks'invorved,in Bond investment. How

would you calculate the value of a bond ? Illustrate

your answer with an example.

(b)

'j

Find the present value of the Bond when its face

rnlue is Rs. 100, coupon rate is L5% and current

'

market price is Rs. 90,/-. The bond has a maturity

six years and will be redeemed at a premium of

70o/o.

of

l

Ms-44@ P.T.O.

reform the

$ . , Wtrat initiatives have been taken by SEBI to

Indian capital market ? Critically evaluate the same'

jl

' '.:'1t, l: : ' .:* i, r,l: ; ' l l i , ' ri

,1 ,t't ;',, . r il



an

4. What is an efficient frontier ? How does it establish

optimum Portfolio



?

5. (a) What do you understand by Portfolio Management

,n&c-uss"the '.vartous stepsr 'inwlved:' in' ptirtfolio

m a n a g e f n e :f :t ,t ) , " : : ' : 1 " ". ' '

i 1: ' I r ' " ' l



h) The ABC and XYZ Corporations have the followtnS

''

risk and return status :





', o.='Z$o/o

%=3d6

'

" '' YRx=o'5

Determihe the minimum'risk portfolio'

1"*l':'::' ::'i:

----:------

.

,, .,,

?

6. What qre the pros and cons of investing in mutld Junds

OO"r* * uurro,r, typeslqf mutr,ratfund schemes avalbblg

in India.



' '-

7 . \lr/ritp shor-t'sotep9n'-aEy/onr oJ'tho'jfollowirg n; '""i "'

(a)'' ArbitrdEbur

(b) Filter Test

(c) Beta



@)';lnvpstraent'Media

(e) AgencYCost

(0 Inflation Risk



:1,o00

r,$,i

Ms44@

MANAGEMENT PROGRAMME

Term-End Examination

December, 2006





MS-45@ : INTERNATIONAL

FINANCIAL

MANAGEMENT



Time:3 hours MaximumMarks: 100

(Weightage704/o)



Note : This question paper consisls of two Secfions,

Section A and Section B.





Section A is fo be attempted by students who

were registered t'or the course prior to January

2006.



Section B is to be attempted by students who

have been registeredt'or the coursefrom January

2006 onwards.



Attempt any fiue questions. AII questions carry

equal marks.









MS45@ P.T.O.

SECTION A



l. In the light of various theories of Foreign Direct

Investment, explain the drivers encouraging Foreign Direct

Investmentin India.



What is Balance of Payments ? Explain in detail the various

concepts and conventions regarding Balance of Payments

(Bo").





3. Write short notes on the following :

(i) Foreign Exchange Market

(ii) Spot and Forward Exchange Rates

(iii) Cross Rates

(iv) AccountingExposure





4. Discuss in detail the External Techniques of Foreign

Exchange Exposure Management.



Distinguish between pre-shipment financing and

post-shipment financing. Discuss in detail how

pre-shipment credit is provided by comrnercial banks. Are

they entitled for refinancingalso ? If yes, by whom ?



6. "ln the.gontext of international cash management, hedging

is an amalgam of insurance and specdation." Explain.



7. Explain the various considerations irrvobJ in International

Financing Decisions.





MS-45

@

Write short notes on the following

: ,

(t Strategiesof portfolio investment

(ii) Reinvestment

and Repatriation of earnings

by

subsidiaryof an MNC

(iil) Rupee Accounts

of Non{ndians

(iv) Euro-currency and

Euro-bond markets









Ms45@

P.T.O.

SECTION B



for EastAsian FinancialCrisis

1 . Explainin detail the causes

qf L997. , ,

MonetaryFund (lMF) in

2. Explain the role of International

maintainingintemationalliquidity'



3. Write short noteson the following

(i)' CurrencY Futures

(ii) CurrencY'SwaPs

(iiO Transaction ExPosure

(iv) Tax Havens



Power Parity relationship'

4. Explain in detail the lPurchasing



which are used to

5 . Fxplain in detail the various instruments

markets'

raise resources from international



and provided. by

6. Explain the various products 11ces

to

(ESGC) exporters

Corporation

Guarantee

il;;it

in India.



,,Diversification attempts to combine high returns with low

7.

risks." FxPlain.



budgting differ from

8. How does the iniernational capital

Discuss'

the domestic capital budgeting ?







1,000

MS45@

MAIIAGEMENT PROGRAMME

Terrn-End Examination

December, 2AO6





MS-46@ : MANAGEMENT FINANCIAL

OF

SERVICES



Time:3 hours MaximumMarks: 700



Note t

There are three SectionsA, B and C.





Section A is compulsory t'or all the candidates.





Sectlon B is meant only t'or the candidates, who

haue registered for MS-46 prior to July, 2045 i.e.

upto January, 2005 semesten





Section C is meant only t'or the candidates who

haue registered for MS-46 from July, 2005

semester onwards.



All quesfions carry equal marks.









Ms-46

o P.T.O.

SECTION A

Attempt any three quesfions from this section.



l. "The success of financiat services firms depends on their

ability to identify risk associatedwith different financial and

trade dealings in the market, devise a product to tmnsfer

the risk and develop a strategy to manage the risk."

Identify these risks and discussthe different strategies that

are available to such firms to manage these risks.



2 . Describe the manner in which debt instruments are traded

in stock exchanges. Also explain the execution and

settlement of trades in debt instruments.



3. What are Mutual Funds ? Describe in brief their

constitution in India according to SEBI regulations.

Distinguish between closed-end schemes and open-end

schemes.



4. Discuss the various pre-issue activities undertaken by

merchant bankers while raising funds from the capital

markets.



5. Explain the meaning and significanceof factoring. What

are different types of factoring arrangements ? Discussthe

important aspects to be incorporated in factoring

agreements.









MS46 @

SECTION B

(Pre-Revised)

Attempt any two questions from this section.



'lSecuritisation

6. can be implemented by three kinds of

instruments differing mainly in their maturity

characteristics." Discuss these instruments in detail and

explain their pricing mechanism.



7. Briefly describe the emergence of merchant banking in

India. Enumerate the specialised services provided by the

Merchant Bankers.



8. Write short notes on any four of the following :

(a) Chip card

(b) Conservative fund

(c) Fund of funds

(d) Utility Ratings

(e) Governmeni dated securities









Ms46@ P.T.O.

SECTION C

(Revised)



Attempt any two questions from this section.



6. (a) "The emergence of depository system is a sign of

prosperity of financial market system, specially

capital market." Discuss. l



(b) Describe in detail the working of National Securities

Depository Limited.

:

7. How do insurance brokers differ from insurance agents ?

Discussdifferent types of brokers and write a detailed note

on the fungtions of a direct broker.



8. Write short notes on any tour of the following I

(a) Travel insurance

(b) Property risks

(c) Business card

(d) Bond fund



{e) Repo and Reverse repo









..

MS46@ 1,000

MANAGEMENT PROGRAMME

(Banking and Finance)

Term-End Examination

December, 2A06





MS-422@: BANK FINANCIAL

MANAGEMENT





Time:3 hours Maximum Marks: 700

Note:

(r) Atte;mptany fiue guesfions.

(ri) All questionscarry equal marks.





1. (a) "The basic role of financial system is to allow the

capital flow from Surplus sector to Deficit sector."

Elaborate.

(b) Explain the different categories of Financial

Institutions which play a role in channelling savings

for productive purposes.



2. What do you understand by own funds of the banks ?

Explain the provisions of the Banking Regulations Act,

L949 in this regard.





MS422@ P.T.O.

--.-

'



3. Why is cost of funds important for banks ? Discussthe

factors affecting cost of funds of a bank.



4. Discussthe varioustypes of securities which banks invest

in

their funds. Explain the three categories in which these

securities are classified and show the importance of

Government Securities.



5. Discussthe salient features of the following :

(a) Inter-BankPqrticipation Certificate

(b) Certificate of Deposit



6. Why should banks manage their risks ? Describe briefly,

different types of risks a bank is exposed to.



7. Why is product pricing important in the context of a

bank ? What inputs, in your view, are neeAed banks in

for

order to price their products ?



8. Write short notes on arry four of the following :

(a) Scope of Financial Managementin Banks

(b) Rupee SubordinatedDebt

(c) Treasury function in Banks

(d) Credit Rating

(e) Accounting Standards for Banls









Ms422@ 1,000

II{ANAGEMENT PROGRAMME

(Banking and Finance)

Terrn End Examination

December, 2OO6



MS-423@ : MARKETING F|NANC|AL

OF

SERVICES

Time:3 hours MaximumMarks: 700

(Wetghtage

70%o)

Note : Attempt any liue guestions.All questtonscarry

equal marks.





1. Explain the various behavioural models for analysing

buyers' behaviour and discussthe marketing applications of

each model.



2. Discuss the rmrious products and services that are offered

by banks.



3. Why is pricing important for.banks ? Explain briefly the

various methods of pricing of banking products/services.



4. How do banks retain the customers through quality,

servicesand values ? Discusswith suitable examples.







Ms+zs

@ P.T.O.

5. How have the information and communication

technotogies changed the various facets of stock-broking

. I ';.^ l':;":

services?



Discuss the need for marketing insuiance services' Explain

the various strategies adopted for effective marketing of

insuranceservices.



7 . How do the developments in information and

communication technologi", impact on international

"*"*

businessand the supporting financial services? Discuss'



8. Discussthe basic steps involved in portfolio management of

Mutual Funds. How do the Mutual Funds calculate the Net

Asset Value of their units ? Discuss.









MS-423

o 1,000

MANAGEMENT PROGRAMME

(Banking and Finance)





il:*ff;H""

MS-424@: INTERNATTONAL

BANKTNG

MANAGEMENT

Time :3 hours Maximum Marks : i.AO

Note t Attempt any fiue quesfions. AII questions carry

equal marks.





1. (a) Differentiate between World Bank and International

Monetary Fund.

(b) Briefly discussthe role and functions of International

Bank for Reconstruction and Development flBRD)

and its subsidiaries.



2. What is Basel Capital Accord, 1988 ? Explain its details

and the Amendments, made therein in the year 1996, to

incorporate market risks.



3. Why is 'Choice of [aw' important in the context of

International Banking ? Discuss the factors which may

influence the parties in their selectionof a governing law.







MS424@ P.T.O.

'Exchange Earner's Foreign Currency Account' ?

4. What is

Discuss the limits upto which Foreign Currency may be

credited to these Accounts and the approved purposes for'

which funds held in these Accounts are permitted to be

utilised.



'Dealing Room' in a Forex

5. What is the role of a

Treasury ? Explain the risks involved in Dealing Room

operations and the mechanismsof eliminating or reducing

these risks.



'lnterest risk' ? What are the major types of

6. What is

interest rate risk ? Explain the different methods of

measuring and managing interest rate risk.



'currency swaps' ? Explain the different types of

7 . What are

currency swaps and indicate their benefits and risks'



8. Wite short notes on any fourof the following :

(a) Forms of Regulation

(b) FASB 133

(c) Foreign Currency Loans

(d) Lead Management Team

(e) CAMELS Model









;1,000

MS424@

'i-

:::r'':: nannacrnaerw

pfocnnlruE

i:':1: : : '

.



. (Banking and Finance)

Term-End Examination

i,,.,i,r .

,, Depgmberr,,2Q06,



MS-425@ : ELEGTRONIC BANKINGAND

IT IN BANKS



Time:3 hours MaximurnMarks: 700'

(Weightage

70%o)



Note ; Answer any fiue questions.AII questions carry

. equal morrcs.





1. (a) i'ir"ttu*,ian,leapfrog through IT." -: Discuss.

rr{Stendardization

fttri' is a must foribanks." - Explain.



2. (a) "Call-centre is a key to achieve CRM." - Discuss.

(b) "EBPP reducescost to the banks." - Justify.



3. (a) What is a smart card ? How is it useful for banks ?

(b) Explain credit card activity cycle.



4. (a) What is a VPN ? How is it useful for banks ?

(b) How does data mining support customer

intelligence?





{v1&425

(D P.T.,O.

5. (a) Distinguish between Cybercash and Digicash.

(b) How do we enable .e-commerce? What are the

components to start e-commerce actMties ?



6. (a) Explain the role and functions of certification

.

authorities.



h) What is a digital signature and what are its uses ?



'' :': I r1''

7. Explainany fourof the following:

: : : ' . .

(a) WAP Technology

'''

(b) Benefitsof'SCM

(c) Data Mining

(d) EDI . .: :;''.:.i;



(e) Decision Support System (DSS)

... .t..- :







8. (a) Explain the phases of Disaster Recovery Flanning. ; i

(b) What is co-sourcing ? Discuss its advantages again$

the outsourcing.

' t t : , i









Ms425@ .,, 1,CI00


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