Fyba guide to write university exams

A guide to write university exams for the first year BA students of commerce subject in the University of Mumbai. The slides include paper pattern as well as important questions.

1. FYBA GUIDE TO WRITE EXAMS COMMERCE PAPER-I Kulvinder Kaur Batth

2. PAPER PATTERN Column A Column B                             MARKS: 100 Note- 1. All questions are compulsory. 2. Figures to the right indicate full marks. Q.1- Answer any two of the following. (Out of three) (20) Q.2. Answer any two of the following. (Out of three) (20) Q.3. Answer any two of the following. (Out of three) (20) Q.4. Answer any two of the following. (Out of three) (20) Q.5. A) Define the terms. (5X2) (10) B) State whether following statements are True or False (5) C) Match the following. (5)

3. FYBA – Commerce- Guidelines for questions Module I – Business, Trade & Industry Define Business. Explain important features of Business. Define Business. Explain the importance of business to customers and society. Discuss the scope of business. Defines business objectives. Explain various types of economic objectives. What do you mean by social objectives of business? Explain different types of social objectives. Distinguish between economic and social objectives of business. What is Aids to trade? State and explain various types of Aids to Trade. Define Industry. State and explain different types of industries. Define Commerce. Discuss the importance of commerce in 21 st century. Define Trade. Explain importance of trade.

4. Module II –Business Organisation – I Define the term “Business Organisation”. Explain in brief various forms of business organizations. Define Business Organisation. Discuss the factors to be considered to select the suitable form of organization. What do you mean by Sole Proprietorship? Explain the important features of Sole Proprietorship. What do you mean by Sole Proprietorship? Explain the advantages and limitations of Sole trading business. What do you mean by Partnership Firm? Explain the advantages and disadvantages of Partnership firm. Define partnership. Explain the various types of partners. Distinguish between Sole Proprietorship and Partnership Firm. What do you mean by Cooperative society? Explain the important features of a Cooperative society. What do you mean by Cooperative society? Discuss the advantages and disadvantages of a Cooperative society. Explain the suitability of sole trading concern, partnership firm and a cooperative society.

5. Module III – Business Organisation – II What is a Public Sector organisation? Explain the need and importance of a public sector business. What is a Public Sector organisation? Discuss in brief various types of public sector organisations. What is meant by Departmental undertakings? Explain important features of Departmental undertakings. What is meant by Public Corporation? Explain important features of Public Corporation. Define Government Company. Explain important features of a Government Company.   What is a Private Sector organisation? Explain important features of Private Sector. What is a Private Sector organisation? Explain the importance of a private sector business. Write a brief note on Transnational Corporations. Distinguish between Multinational Corporation and Transnational Corporation. Define Multinational Corporation. Discuss the advantages and limitations of Multinational Corporation. Define Multinational Corporation. Explain the important features of Multinational Corporation.

6. Module IV – Business Organisation - III Define Joint Stock company. Discuss the stages in promotion of a Joint Stock company. Define Joint Stock company. Explain the features of Joint Stock Company. Who is a director of the company? State and explain the duties of the directors. What are equity shares? Discuss the rights of shareholders of a Joint Stock company. What are debentures? Explain the types of debentures. Distinguish between equity shares and preference shares. Distinguish between shares and debentures. What is meant by Preference shares? Discuss various types of preference shares. Explain the legal provisions related to voting, notice and agenda of a meeting.  Write a note on meaning and types of Company meetings. Discuss the legal provisions related to Quorum, minutes and proxy of company meetings.