Professional Documents
Culture Documents
agnihotri
solutions by Neeraj
1.
Calculate broad money M3
Currency with public- Rs 100000
Demand deposit with banking sys-Rs
200000
Other deposit with RBI- Rs 200000
Savings deposit of post office
savings banksRs40000
Time deposits with banking sys-Rs
200000
All deposit with post office banking
sys in cluding Rs 40000 of NSC
total-Rs 100000
a) Rs 500000
b) Rs 700000
c) Rs 800000
d) Rs 900000
Ans: b
Solution-M3 =m1+time deposit with
banking system
Rs 700000
B) Rs 740000
c) Rs 760000
D) Rs 80000
Ans :c
M4=m3 + all deposit with post
officesavings banks( excluding National
savings certificates)
m3 is rs 700000 from above qtn
= (12000000-10000000)/10000000*100
= 2000000/10000000 *100
= 02*100
= 20
a) consumptions
: Rs 10000
b)gross investment
: Rs 20000
c)govt spending
: Rs 30000
d) Export
: Rs 80000
e) Import
: Rs 60000
f) taxes
: Rs 2000
g) subsidies
: RS 100
: Rs
: Rs
national domestically
QTN i) calculate GDP
a) Rs 60000
b) Rs64000
c) Rs62000
e) Rs 61000
Ans: c
Solutions ABM-83page
GDP=C+I+G+(X-M)
=10000+20000+30000+(80006000)
=62000
4 .QTN ii) calculate GNP..from
qtn no 4 i)
a) Rs 62000
B) Rs 60600
c)Rs 62200
d) Rs 62600
ans : d
GNP=GDP+ NR (total capital gains
from Overseas investment-income
earn by foreign national
domestically)
= 62000+ (1100-500)
=62600
4. iii) Calculate GDP at cost factor
a)
Rs 62000
b) Rs 62100
c)
Rs 60100
d) Rs 62100
Ans : c
Solutions: GDP at factor rate
=GDP at market prices-(Indirect
taxes-subsidies)
=62000-(2000-100)
=60100
4) iv) calculate GNI.
a) Rs 62000
b) Rs 62400
c) Rs 64300
d) Rs 64400
Ans: D
Solutions : gross national income
=GDP at market prices+taxes
less subsidies on production and
import( Net receivable from
abroad)+compensation of
employee(Net receivable from
abroad) property income ( Net
receivable from Abroad)
=62000+(2000-100)+200+300
=64400
B)
Rs 900
C)
Rs 2600
D) Rs 1700
Ans: c
Capital receipt =Non debit
receipt+Debt receipt
First calculate NDR=Recoveries of
loan& advances(duduct recoveries of
short term loans & advance from state
and loans to govt sarvents)+MISC
Capital receipts
=1000(-300)+200
NDR=900
Than Debt receipt= market
loans+Short term
borrowings+External assistance(NET)
+Securities issued 3against Small
savings+other Receipts(Net)
=300+500+200+200+100+400
=1700
Capital receipt=900+1700
=2600
6 b). calculate total receipt..
a)
Rs 4600
b) Rs 4900
c)
Rs 8000
d) Rs 8600
Ans is :d Rs 8600
@total revenue receipt=net tax
revenue+Total non tax revenue
Total recepipt=Total Revenue
receipt+capital receipt+drawdown of
cash bal
=(3000+1000)+2600+2000
=8600
6 c) calculate financing of fiscal deficit
a) Rs 2000
b) Rs 3700
c)
Rs 2400
d) Rs 4600
Ans : b
solution
Financing of fisical deficit=Debt
receipt+Dwar-down of cash bal
c)18224
d)18348
ans : d
20000/1.09
c)0.857
D)0.842
Ans: c
=1/(1+r)n= 1/(1.08)square2
by 12
by
continuous
equare
10-1
13.A console bond of Rs 10000 is
issued at 6%Coupon current interst
rates and 9%. Find out the current
value of the console bond .
a)7660
b)6760
c)6670
d)6706
And :c = 10000*.06=6000/.09=6670
As equity z givn debt vl b 8 lacs so total assets= debt +equity +c.liab i.e 8+4+8
Q 16 Total asstes of a company are Rs. 200 lakh. Debt Equity Ratio is 2:1 and
current liabilities are Rs. 56 Lakh. Equity of the company will be....?
ans Total long term liab z 144 so equity z 1/3 rd
q 17 If current Ratio of a unitis 1.25:1, current assets are 5 Lakh, quick ratio is 1:1
Presuming there are noprepaid exp, inventry will be...?
Ans 500000/1.25 (quick ratio=ca-inv/cl
Ans :10000
Q 18 Current Ratio is 2:5:1 and current assets are Rs. 30 Lakh. NWC will be.....?
calculate howTop of Form
Ans;18 lacs. 24 lacs c.a. & 6 lacs cl 24_6=18 lacs nwc
19
c) 16 year
d) 20 year
ans: 12
21. What is the easiestway to calculate value of any investment will
become half, if inflation rate is 7% the value will become half in how
many year.(under rule 70)
a) 6 year
b) 10 year
c) 12 year
d) 16 year
ans: b under rule 70
22. 6% coupon rate of bond of rs 1000 what will be the amount we
will get after 03 year if compounded return is 5.6%.
a) 1010.77
b) 1010.91
c) 1177.58
d) 1237.58
e) Non of these
ans : a
23. 6% coupon rate of bond of rs 1000 what will be the amount we
will get after 03 year if the coupon payment become half yearly than,
compounded return is 5.6% only
a) 1010.77
b) 1010.91
c) 1177.58
d) 1237.58
e) Non of these
ans: b
24. Mr. X is expecting a cash flow of Rs 10 lac at the end of 01 year
for his investment of Rs 8 lac in a housing property , at 08% discount
rate what is the Net present value.
a) 92592
b) 125926
c) 740740
d) 125926
e) None of these
ans: d ( present value 100000/108= 925926 than NPV= PV- investment
=925926-800000= 125926 ans
25. bonds and debentures are an example of
a) term loan
b) lump-sum payment loan
c) balloon repayment laon
d) interest demand laon
e) non of these
ans:c
26. A constant flow paid or recived at aregular intervals for ever is known
as.
a) annuity
b) peretuity
c) growing annuity
d) growing perpetuity
ans: b
27. what is present value of Rs 180000 which is paid every year over a
period assuming the rate of interest at 12%
a) 64860
b)646880
c) 648860
d) 684860
e) non of these
ans: c 9 pv=A((1+r)power n -1))/r(1+r)power n= 180000(1+.12)power 51/.12(1+.12)power 5= 137221/.2114=648860
28. On 8%, 5 year bond of Rs 10000, the investors gets annually
as..
A) 80 int
b) 80 coupon
c) 800 discount
d) 800 coupon
ans: d
29. regular repayment in the from of interst on a bond is called
a) discount
b) interst
c) coupon
d) dividend
e) installment
f) EMI
ans: c
30. depending upon the current interest rates ,the face value of which of the
following types of bonds changes .
a).floating rate bonds
b) negotiable bonds