Notes by Mr. Amogh *2*

In what comes as a big boost to the waning confidence in the Indian economy, credit rating agency Moody's has reaffirmed India's sovereign rating at BAA3. However, it has said that India's growth downturn is expected to persist for two quarters.

But, Moody’s has said that if the fiscal deficit situation worsens, it may lead to a change in the credit ratings, reports CNBC-TV18’s Aakansha Sethi.

The important thing is that they have maintained India’s sovereign rating at BAA3 at a time when S&P downgraded the US from AAA to AA+ and its outlook from stable to negative in August 2011. 15 other sovereigns have been downgraded, such as Japan, Belgium, Italy, Spain and Hungary, so this reaffirmation of the rating should be seen as a positive.

The good news extends as Moody's upgraded the rating on long-term government bonds denominated in the domestic currency from BA1 to BAA3. This means that it goes from being speculative to investment grade. Similarly, the long-term country seeding on the foreign currency bank deposits have been upgraded from speculative to investment grade. Also, short-term government bonds denominated in domestic currency have been upgraded from NP to P3, which means that now the issuers have acceptability to repay short-term debt.

So with these three points, the government is happy that India's short-term and long-term government bonds have got an upgrade. They do feel that this could have been pushed further and India deserves a better upgrade, but that's of course the government talking. It remains to be seen if the government manages to hold onto that fiscal deficit picture and if it maintains its outlook.

Source: CNBC TV18

Notes By Mr. Amog

Last trading session has been very bad for global markets, including commodities. The EUR breached the 1.3 mark v/s the dollar, a level not seen in past 11 months. Clearly markets are indicating that the Euro zone crises is still not out of the way. The CRB commodity index was down 3%, gold is now trading at $1575 – sign of risk off sentiment. The key reason for the same is the $ rally which has got all commodities reeling under pressure, including gold….            

The good part for Indian investors is that in Rupee terms, gold is still holding on as depreciating rupee boosts the value of gold. Hence we haven’t seen as much carnage in gold when priced in INR. Last 1 month gold has fallen nearly 12% in $ terms, but less than 2% in INR terms

The outlook for gold in $ terms continues to be on the downward side as it technically poised for some more selling. This is the 1^st time since Jan 2009 gold has broken the 200 DMA (daily moving average). The attempt will be to pull up back to the 200 DMA levels, but near term momentum remains weak. However, the view is that INR would continue to remain under pressure, so to that extent the rupee value of gold is not likely to be as impacted despite the steep $ price correction in gold (as I write INR has breached the 54 mark !!!!).Overall, near term remains cautious, but given the spectacular performance of gold as an asset class, some period of correction / consolidation was warranted –and this is one such phase we are witnessing

Good days for gold are not over – just taken a breather.

Letter for IV

Please get the following letter printed

Date:                                                                                                  Add:

To

The Visa Officer

Malaysian Consulate

Mumbai

Sub: Tourist Visa application for ( name of studrnt)

Dear Sir/Madam,

My Son/Daughter (name in full as per passport) holding passport no---------------, Date of Birth ------ and Date of Expiry--------

Would like to travel to Malaysia for tourism purpose , organised by his college ( name ) from 07 Jan

to 12^th Jan 2012.

All expenses  for his travel will be borne by me ( name and relationship )

Would request you kindly grant him the necessary visa to enable him to travel .all the necessary documents are herewith enclosed for your kind perusal.

Thanking you

Yours Truly

( Name )

Question Bank For Law Exam Semester 3

A. Format of paper

The format of the paper shall be the standard format.

 Four questions – each of 15 marks.

Question 1 compulsory-long answer

Question 2 compulsory- short notes

Question 3- Internal choice

Question 4- Internal choice

B. Indicative Topic Bank

Bearing in mind that this is the first examination for SYBAF- Company Law in Jai Hind college and the students do not have a reference in the form of previous years papers, the faculty has decided to give this ‘Indicative topic bank’. The 24 topic pointers listed below are not questions per se but indicative topics on which questions will be based. Please note that LONG ANSWER questions or SHORT ANSWER questions may be asked on the topics below in the Company Law paper for Jai Hind College SYBAF- semester 3 exams, 2011-12

CAUTION: As the title suggests this is merely an ‘indicative’ topic bank. This is not a exhaustive list of questions. The faculty reserves the right to and may ask questions in the examination that are not from the topics listed below.

1. Public and Private companies

2. Certification of Incorporation

3. Preincorporation Contracts

4. Liability of Directors/Promoters for misstatements in Prospectus

5. The Memorandum of Association and its contents 

6. Doctrine of Indoor Management with Exceptions

7. Liability of Directors/Promoters for misstatements in Prospectus

8. Golden Rule as to framing of prospectus

9. Corporate Veil

10. “Promoters have a fiduciary duty”

11. The principle of majority rule in functioning of a company

12. Statement in lieu of prospectus

13. Share  Warrants

14. Kinds of Preference Shares

15. Sweat Equity

16. Nomination and Transmission of Shares

17. Forfeiture of Shares

18. Position of Directors in a Company

19. Duties and liabilities of directors

20. Annual General Meeting

21. Statutory Meetings

22. Extraordinary General meetings

23. Notice of a Meeting

24. Distinction between a member and a shareholder.

Numerical Questions for Economics

Internal Test – Set 1

SYBAF

If a country’s banking system starts with deposits of Rs.2,00,000/- and reserve ratio is 5% then -

Q.1         How much will be the amount of loans created in the economy?

a)      Rs. 4,00,000

b)      Rs. 40,00,000

c)       Rs. 8,00,000

d)      Rs. 4,00,000,000

Q.2         If the currency to deposit ratio is 20% and High-Powered money is Rs. 20,00,000; then what is the Money Supply in the economy?

a)      Rs.9,00,000

b)      Rs.9,60,000

c)       Rs.96,00,000

d)      Rs.96,00,000

Q.3         If the National Income is Rs. 48,00,00,000 then what is the Velocity of Money in Circulation?        a) 5

                b) 50

                c) 500

                d) 10

Q.4         If the government wants to reduce the money supply by half and other things are as they are, what should be the reserve ratio?

a)      0.5

b)      0.2

c)       0.4

d)      0.3

Q.5         How much will be the amount of credit if the initial deposits increase by 50% ?

a)      Rs.9,99,000

b)      Rs.12,00,000

c)       Rs.15,00,000

d)      Rs.9,00,000

The High-Powered Money in the economy is Rs.2 crores and currency to deposit ratio is 10%

Q.6         If the reserve ratio is 10%, find out the money supply in the economy -

               

a)      Rs. 11,00,00,000

b)      Rs. 10,00,00,00,000

c)       Rs. 5,00,00,000

d)      Rs.50,00,00,000

Q.7         If the money supply is to be reduced by half, what should be the High-Powered Money?

               

a)      Rs. 1,00,00,000

b)      Rs. 20,00,00,000

c)       Rs. 2,00,000

d)      Rs. 10,00,00,000

Q.8         If the reserve ratio becomes 20%, what will happen to Money Supply?

a)      Increase

b)      Decrease

c)       Remain same

d)      None of these

Q.9         If the reserve ratio becomes 5%, what will be Money Supply?

a)      Rs. 15,00,00,000

b)      Rs. 14,60,00,000

c)       Rs. 13,60,00,000

d)      Rs. 15,60,00,000

Q.10       What will be the amount of credit if the initial deposits are Rs. 10,00,000?

               

a)      Rs. 20,00,000

b)      Rs. 2,00,00,000

c)       Rs. 2,00,000

d)      Rs. 25,00,00,000

The High-Powered Money in the economy is Rs.2 crores and currency to deposit ratio is 10%

Q.1         If the reserve ratio is 10%, find out the money supply in the economy -

               

e)      Rs. 11,00,00,000

f)       Rs. 10,00,00,00,000

g)      Rs. 5,00,00,000

h)      Rs.50,00,00,000

Q.2         If the money supply is to be reduced by half, what should be the High-Powered Money?

               

e)      Rs. 1,00,00,000

f)       Rs. 20,00,00,000

g)      Rs. 2,00,000

h)      Rs. 10,00,00,000

Q.3         If the reserve ratio becomes 20%, what will happen to Money Supply?

e)      Increase

f)       Decrease

g)      Remain same

h)      None of these

Q.4         If the reserve ratio becomes 5%, what will be Money Supply?

e)      Rs. 15,00,00,000

f)       Rs. 14,60,00,000

g)      Rs. 13,60,00,000

h)      Rs. 15,60,00,000

Q.5         What will be the amount of credit if the initial deposits are Rs. 10,00,000?

               

e)      Rs. 20,00,000

f)       Rs. 2,00,00,000

g)      Rs. 2,00,000

h)      Rs. 25,00,00,000

If a country’s banking system starts with deposits of Rs.2,00,000/- and reserve ratio is 5% then -

Q.6         How much will be the amount of loans created in the economy?

e)      Rs. 4,00,000

f)       Rs. 40,00,000

g)      Rs. 8,00,000

h)      Rs. 4,00,000,000

Q.7         If the currency to deposit ratio is 20% and High-Powered money is Rs. 20,00,000; then what is the Money Supply in the economy?

e)      Rs.9,00,000

f)       Rs.9,60,000

g)      Rs.96,00,000

h)      Rs.96,00,000

Q.8         If the National Income is Rs. 48,00,00,000 then what is the Velocity of Money in Circulation?        a) 5

                b) 50

                c) 500

                d) 10

Q.9         If the government wants to reduce the money supply by half and other things are as they are, what should be the reserve ratio?

e)      0.5

f)       0.2

g)      0.4

h)      0.3

Q.10       How much will be the amount of credit if the initial deposits increase by 50% ?

e)      Rs.9,99,000

f)       Rs.12,00,000

g)      Rs.15,00,000

h)      Rs.9,00,000

Financial Accounting Paper Pattern

Financial Accounting syllabus for Semester 3 Exam

Paper Pattern
Q1 - Problem (* Compulsory *) Final Accounts of Partnership Firm
Q2 - Objectives  (* Compulsory *)
Q3 - Choice of Problem between 2 Problem
Q4 - Choice between Problem and theory

Investment Accounting *FC Part*

Investment account notes are available at the xerox center
Please collect as soon as possible

Fc Paper pattern

It will be a subjective paper
It will have concept questions of 3 marks each n long answers of 7-8 marks each

Payal ma'am info

As per the university guidelines
 Q1- All 5 questions will be conceptual questions *3 marks each to be answered in short*
Q 2 - Attempt set a or b *Each set will have 2 questions of 7 to 8 marks each*

For further clarification please contact the Subject Representative

No theory for Patki Sir's Part

There is no theory for Patki Sir's part.
45 marks are wid Suri ma'am n 15 marks is for numericals *Patki sir's part*

Economics Project

Now the hard copy submission of Economic Project has been shifted to 3rd November and the presentation on 15th and 17th October.

For further details please contact the Subject Representative

Information Regarding 24th Sept Schedule

There will be FA lecture from 11:00 Hrs to 14:00 Hrs on 23rd september
Please bring your Partnership Final Accounts Notes. *The notes are available at the photocopy center*

Cost Accounting syllabus for Semester 3 Exam

Paper Pattern
Q1 - Problem (* Compulsory *)
Q2 - Objectives  (* Compulsory *)
Q3 - Choice of Problem between 2 Problem
Q4 - Choice between Problem and theory

Syllabus for Semester 3
1 Contract Costing
2 Process Costing
3 Joint & By products
4 Job & Batch Costing
5 Cost Audit (Theory)

For any further Clarification Please contact the Subject Representative 

Information regarding FA PROJECT

There is no page limit for our FA Project. It can vary from 6-20 . But Neha Ma'am said that she needs quality matter. She doesn't want any copy paste from the internet . If somebody is doing that then the complete group gets ZERO.

No Presentation for Law Project

There will not be any presentation for law Project.

Fa Project

Complete details for the FA project

 roll no n the group Topic

1,2,3,5,6 Cost accounting

7-12 management accounting

13-18 distinguish between cost accounting n management accounting

19-24 direct taxation

25-30 Indirect taxation

31-36 Accounting Standard 9 n Accounting Standard 1

37-42 Accounting Standard 3 in comparison with fund flow

43-48 Accounting Standard 26 in comparison with Accounting Standard 10

49-54 Accounting Standard 26 in comparison with Accounting Standard 6

4,55-60 Accounting Standard 16 in comparison with Accounting Standard 11

hard copy to be submitted by 26th September 

the question answer session with each group will take place on 26th September

*There is no presentation for fa project*

*There should be 15 sides in the hard-copy excluding index, cover page, appendix etc*

Please follow the following rules while preparing your hard copy

Font: Times New Roman

Size: 14 for text and 16 for headings

For any further clarification just revert back on mail with the doubts. If there are any changes, the information will be updated 

Law presentation

Law Presentation is scheduled on 25th September 2011.
The time slots will be posted when its alotted.

Economics Hard Copy Submission

Economics Hard Copy Has to be submitted on 29th September now

Hard Copy Submissions

Economics - 20th September
Law - 23rd September

FA - 26th September * Question Answer Session with Each Group Individually *

Semester 3 Time Table

Time table for Semester 3 Final Exams
3rd Fa
4th Fc
5th Ca
7th Economics
8th Audit
11th Law
12th Management

Submission of POM Assignment

Surti Ma'am assigment has to be submitted on 16th september

Baf Tshirt

The design attached is just a sample. the names on the design will be our batch-mates names..

the front will have a jai hind logo. we want suggestion for where to put B A F on the Tshirt.

The price of the Tshirt will be approx 250. 

The Tshirt is 100% cotton good quality Tshirt

The printing will b rubber printing.

Do revert back if any suggestions.

*The minimum quantity required for processing for the Tshirt is 30*