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Explain 'Revenue Deficit in a Government budget? What does it indicate?
Concept: Measures of Government Deficit
State any three circumstances other than (i) admission of a new partner; (ii) retirement of a partner and (iii) death of a partner, when need for valuation of goodwill of a firm may arise.
Concept: Methods of Valuation of Goodwill
State any three circumstances other than (i) admission of a new partner; (ii) retirement of a partner and (iii) death of a partner, when need for valuation of goodwill of a firm may arise.
Concept: Methods of Valuation of Goodwill
Explain any three points that highlight the importance of 'management.
Concept: Importance of Management
What is meant by 'business environment'?
Concept: Concept of Business Environment
Explain the relationship between planning and controlling.
Concept: Relationship Between Planning and Controlling
Answer the following question.
Explain briefly any four factors affecting the fixed capital requirements of an organisation.
Concept: Factors Affecting Fixed and Working Capital Requirements
What is meant by financial management?
Concept: Concept of Financial Management
Differentiate between `capital-market' and 'money-market' on the following basis:
Duration
Concept: Types of Financial Markets
Explain the significance of 'medium of exchange' function of money
Concept: Functions of Money
What is minimum price ceiling? Explain its implications.
Concept: Price Ceiling
Distinguish between revenue expenditure and capital expenditure in Government budget. Give an example of each.
Concept: Classification of Expenditure
Answer the following question in 120-150 words:
What kind of life did Silas lead at Lantern Yard?
Concept: Reading Skills
1. Read the passage given below :
1. Maharana Pratap ruled over Mewar only for 25 years. However, he accomplished so much grandeur during his reign that his glory surpassed the boundaries of countries and time turning him into an immortal personality. He along with his kingdom became a synonym for valour, sacrifice and patriotism. Mewar had been a leading Rajput kingdom even before Maharana Pratap occupied the throne. Kings of Mewar, with the cooperation of their nobles and subjects, had established such traditions in the kingdom, as augmented their magnificence despite the hurdles of having a smaller area under their command and less population. There did come a few thorny occasions when the flag of the kingdom seemed sliding down. Their flag once again heaved high in the sky thanks to the gallantry and brilliance of the people of Mewar.
On the basis of your understanding of the above passage answer each of the questions given below with the help of options that follow :
(ii) he added a lot of grandeur to Mewar.
(iii) of his valour, sacrifice and patriotism.
(iv) both (ii) and (iii)
(b) Difficulties in the way of Mewar were :
(ii) ancient traditions of the kingdom.
(iii) its small area and small population.
(iv) the poverty of the subjects.
(c) During thorny occasions :
(ii) the flag of Mewar was hoisted high.
(iii) the people of Mewar showed gallantry.
(iv) most of the rulers heaved a sigh of relief.
(d) Mewar was lucky because :
(ii) most of its people were competent.
(iii) most of its rulers were competent.
(iv) only a few of its people were incompetent.
Answer the following questions briefly:
(e) Who is the earliest king of Mewar mentioned in the passage?
(f) What was Rana Kumbha's contribution to the glory of Mewar?
(g) What does the writer find worth admiration in the people of Mewar?
(h) How could art and literature flourish in Mewar?
(i) How did the rulers show that they cared for their subjects?
(j) What does the erection of Vijaya Stambha and Kirti Stambha in the same fort signify ?
(k) Find words from the passage which mean the same as each of the following:
(ii) evidence (para 4)
Concept: Unseen Passage Comprehension
Find the distance of the point (−1, −5, −10) from the point of intersection of the line `vecr=2hati-hatj+2hatk+lambda(3hati+4hatj+2hatk) ` and the plane `vec r (hati-hatj+hatk)=5`
Concept: Three - Dimensional Geometry Examples and Solutions
On 1st April 2014, KK Ltd. invited applications for issuing 5,000 10% debentures of Rs 1,000 each at a discount of 6%. These debentures were repayable at the end of the 3rd year at a premium of 10%. Applications for 6,000 debentures were received and the debentures were allotted on pro-rata basis to all the applicants. Excess money received with applications was refunded.
The directors decided to transfer the minimum amount to Debenture Redemption Reserve on 31.3.2016. On 1.4.2016, the company invested the necessary amount in 9% bank fixed deposit as per the provisions of the Companies Act 2013. A tax was deducted at source by bank on interest @10% p.a.
Pass the necessary journal entries for issue and redemption of debentures. Ignore entries relating to writing off a loss on issue of debentures and interest paid on debentures.
Concept: Concept of Debentures
What is meant by ‘Reconstitution of a partnership firm’
Concept: Accounting for Partnership Firms - Reconstitution and Dissolution
What is meant by a 'Share
Concept: Theory on Shares
On 1st April 2014, KK Ltd. invited applications for issuing 5,000 10% debentures of Rs 1,000 each at a discount of 6%. These debentures were repayable at the end of the 3rd year at a premium of 10%. Applications for 6,000 debentures were received and the debentures were allotted on pro-rata basis to all the applicants. Excess money received with applications was refunded.
The directors decided to transfer the minimum amount to Debenture Redemption Reserve on 31.3.2016. On 1.4.2016, the company invested the necessary amount in 9% bank fixed deposit as per the provisions of the Companies Act 2013. A tax was deducted at source by bank on interest @10% p.a.
Pass the necessary journal entries for issue and redemption of debentures. Ignore entries relating to writing off a loss on issue of debentures and interest paid on debentures.
Concept: Concept of Debentures
Offer of securities or invitation to subscribe securities to a select group of persons by a company (other than by way of public offer) is known as ______.
Concept: Private Placement of Shares
