Y
Y
Y
B.COM (HONS)
I Semester examination November 2011 II Semester Examination April 2012 III Semester Examination November 2012 IV Semester Examination April 2013 V Semester Examination November 2013 VI Semester Examination April 2014
Syllabus applicable for the students seeking admission to the B.Com (Hons) Courses in the academic year 2011-2012
Practical Internal Continuous Assessment Report/Record 10 Viva-voce 10 Teacher Interaction 5 Attendance 5 Total 30
Semester I
S.No Paper Code Paper Title Type of Paper Contact Hrs/Semester 45 45 45 45 60 45 45 30 Contact Hrs/Wee k 3 3 3 3 4 3 3 2 Credit Assigned 3 3 3 3 4 3 3 2 24
Financial Accounting Cost Accounting Law of Contract Micro Economics Theory I 5 FSG 115 Practical 6 FSG 116 Financial Markets 7 FSG 117 International Finance 8 FSG 118 Practical Total Credits for Semester I
1 2 3 4
Semester II
S.No Paper Code Paper Title Type of Paper Contact Hrs/Semester 45 45 45 45 60 45 45 30 Contact Hrs/Wee k 3 3 3 3 4 3 3 2 Credit Assigned 3 3 3 3 4 3 3 2 24
Corporate Accounting Business Statistics Business Law Micro Economics Theory II 5 FSG 215 Practical 6 FSG 216 Management of Financial Services 7 FSG 217 Advance International Finance 8 FSG 218 Practical Total Credits for Semester I
1 2 3 4
Semester III
S.N o 1 Paper Code Paper Title Type of Paper Contact Hrs/Semester 45 45 45 45 60 45 45 30 Contact Hrs/Wee k 3 3 3 3 4 3 3 2 Credit Assigned 3 3 3 3 4 3 3 2 24
Income Tax Law & Practices- I 2 FSG 312 Business Organisation 3 FSG 313 Corporate Law 4 FSG 314 Financial Management 5 FSG 315 Practical 6 FSG 316 Project Management 7 FSG 317 Business Budgeting 8 FSG 318 Practical Total Credits for Semester I
FSG 311
Semester IV
S.N o 1 Paper Code Paper Title Type of Paper Contact Hrs/Semester 45 45 45 45 60 45 45 30 Contact Hrs/Wee k 3 3 3 3 4 3 3 2 Credit Assigned 3 3 3 3 4 3 3 2 24
Income Tax Law & Practice- II 2 FSG 412 Business Management 3 FSG 413 Company Management & Secretarial Practices 4 FSG 414 Indian Economy Policies and Performance 5 FSG 415 Practical 6 FSG 416 Rural Economics 7 FSG 417 Public Finance 8 FSG 418 Practical Total Credits for Semester I
FSG 411
Semester V
S.N o 1 2 3 Paper Code Paper Title Type of Paper Contact Hrs/Semester 45 45 45 45 60 45 45 30 Contact Hrs/Wee k 3 3 3 3 4 3 3 2 Credit Assigned 3 3 3 3 4 3 3 2 24
Auditing Retail Management Banking Law and Practices 4 FSG 514 Macro Economic Theory I 5 FSG 515 Practical 6 FSG 516 Indian financial System 7 FSG 517 Marketing of financial Services 8 FSG 518 Practical Total Credits for Semester I
Semester VI
S.N o 1 2 3 4 Paper Code Paper Title Type of Paper Contact Hrs/Semester 45 45 45 45 60 45 45 30 Contact Hrs/Wee k 3 3 3 3 4 3 3 2 Credit Assigned 3 3 3 3 4 3 3 2 24 144
Management Accounting Business Communication Monetary Economics Macro Economic Theory II 5 FSG 615 Practical 6 FSG 616 Insurance 7 FSG 617 International Trade 8 FSG 618 Practical Total Credits for Semester I Total Credits
SEMESTER I
Semester I
Objective- To develop a conceptual understanding of financial accounting system and their application in business Unit Content No of Lectur es 11
II
III
IV
Basics of Bookkeeping and Accountancy- Definition and its Usefulness, Financial Accounting Principles, Concepts and Convention. System of Bookkeeping Double Entry System, Books of Prime Entry, Subsidiary books, Recording of Cash and Bank Transaction, Preparation of Ledger accounts, Preparation of Trial balance Final Accounts: Concept of Capital, Revenue and Deferred Revenue Expenditure, Opening Entries, Closing Entries, Adjustment Entries, Manufacturing, Trading and Profit and Loss Account (With Adjustment) and Balance Sheet. Sectional and Self Balancing System: The Nature of Ledgers, Sectional Balancing System, Self Balancing System Preparation of Accounts from Incomplete Records (Single Entry System): Nature of Incomplete Records, Limitations of the Single Entry System, Ascertainment of Profit or Loss, Difference between Double Entry System and Single Entry System Financial Statement of Non Profit Making Entities-Receipt and Payment Account and Income and Expenditure Account and Balance Sheet, Accounts of Professional Consignment Accounts-Accounting for consignment in the books of consignor and consignee, Normal Loss and Abnormal Loss of good sent on consignment, Accounting for Goods sent on consignment at mark up price, Valuation of Closing Stock, Del Creder Commission and Bad Debts Joint Venture Accounts-Features of a Joint Venture, Methods of keeping accounts, Conversion of Consignment into Joint Venture
10
10
07
07
Essential Readings 1. Financial Accounting-R.L Gupta, V.K Gupta( Sultan Chand& Sons)
2. Modern Accountancy-AMukharjee, MHanif. (Tata Mc- Graw-Hill) 3. Fundamentals of Financial Accounting- Dr Ashok Sehgal, Dr Deepak Sehgal (TaxManns) 4. Financial Accounting- Jain, Khandelwal Pareek( Ajmera Book Company)
Reference Books
1. 2. 3. 4. Accountancy- PC Tulsian (Tata Mc- Graw-Hill) Accountancy-DK Goel, Rajesh Goel(Arya Publications) An Introduction to Accountancy- S.N Maheshwari(Vikash Publishers) Fundamental of Accounting-Dr T P Ghosh,(Sultan Chand& Sons)
Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless
Cost Accounting Code-FSG-112 Semester-I Objective-The objective of this course is to familiarize students with basic costing concepts and tools used in cost accounting Unit Contents No. of Lectures Introduction: Meaning and definition of cost accountancy, Nature and Scope I 09 of Cost Accounting, Cost Concepts, Distinction between Financial and Cost Accounting. Elements of Cost, Cost Statements: An Introduction Material: Material Cost Management, Need for Efficient Purchasing, Storing of Materials, Methods of Inventory Control, Some Specific Techniques Related to Operating Control System viz. ABC Analysis, VED Analysis, JIT, FSN, Material Cost and its Components, Economic Order Quantity, Inventory Levels i.e. Reorder Level, Maximum Stock Level, Minimum Stock Level, Average Stock Level, Methods of Issue Pricing i.e. LIFO, FIFO, Simple Average, Weighted Average, HIFO, Standard Price And Base Stock Method. II Labour: Recruitment, Recording of time and wages, Time Keeping and Time booking, Job Evaluation and Merit rating, Labour Turnover: meaning and nature, Methods of calculating Labour Turnover, Methods of remunerating Labours, Incentive Plans, Allocation of wages, Idle Time: meaning and causes, Treatment of idle time, Over time. Overhead: Meaning, Collection, Classifications, Apportionment, Allocation and Absorption of overheads; Treatment of interest on capital, Research and development expenses. Single Output or Unit Costing: Cost sheet, Adjustments in cost sheet, Treatment of Scrap, defectives, Absorption of overheads and calculation of Tender price, Job Costing. 09
III
09
IV
09
Contract Costing: Contract accounting, Methods of determining contract price, Escalation clause, Profit on uncompleted contracts and different Types of problems related to contract. Essential Readings 1. Cost Accounting: Jain, Khandelwal & Pareek, (Ajmera Book Company, Jaipur) 2. Cost Accounting: Agarwal, Jain, Sharma, Shah & Mangal,(Ramesh Book Depot, Jaipur ) 3. Cost Accounting Principles and Practice: M.N. Arora, (Vikas Publication, New Delhi) 4. Cost Accounting: Ravi M Kishore ( Taxmanns-New Delhi) V
09
Reference Books
1. Cost Accounting: B.M Lall Nigam, I.C. Jain, PHI, New Delhi 2. Cost Accounting Theory and Practice: (Bhabatosh Banerjee, PHI, New Delhi) 3. Cost Accounting-S.N Maheshwari, (Mahavir Publication) 4. Cost Accounting: Jawahar Lal, (Tata Mcgraw Hill, New Delhi) 5. Cost Accounting: J. Madegowda ( Himalaya Publishing House) Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless
Unit I
Contents
Introduction to Contract: Meaning of contract, Important definitions (Sec.2a to Sec. 2j), Valid essentials of contract, Difference between agreement and contract, Classification of Contracts Proposal: Meaning of proposal, types, legal rules as to the offer, Invitation to proposal, Intention of proposal Acceptance: legal rules, communication of offer and acceptance, revocation of acceptance. Contractual capacity: Meaning, Minors (effects of minors agreements), Person of unsound mind (Meaning, types and effects), Persons disqualified by laws. Free consent: Consent, consensus ad idem, Coercion: Meaning, valid essentials, effects. Undue influence: Meaning, essential elements, effects. Fraud: Meaning, essential elements, effects, silence as fraud, exceptions. Misrepresentation: Types, effects. Mistake: Meaning, classifications (mistake of law and mistake of facts), effects. Consideration: Meaning, legal rules, contract without consideration is void, Doctrine of privity of contract and exceptions. Legality of object and consideration: Circumstances when object and consideration considered unlawful, Agreement opposed to public policy. Void agreements: Meaning, Types. Contingent contracts: Meaning, Valid essentials, Rules as to the enforcement of contingent contract, Difference between wagering agreement &
Lectures 09
II
09
III
09
IV
contingent contract. Performance of contract: Meaning, Modes of performance, Types of tender or offer, Essentials of a valid tender, Time as essence of contract, Person entitled to demand performance, Time, Place and Manner of performance, Appropriation of payments. Discharge of contract: Meaning and modes of discharge of contract, types of breach of contract. Remedies for breach of contract: Suit for rescission of contract, suit for damages, suit for quantum meruit, suit for specific performance, suit for injunction. Quasi contract: Meaning and kinds. Specific Contracts-I: Contract of Indemnity: Meaning, valid essentials, rights of indemnifier and indemnity holder. Contract of Guarantee: Meaning, valid essentials, is guarantee a contract of uberrimae fidei, extent of suretys liability, kinds of guarantee, rights of surety, discharge of surety from liability.
09
09
Essential Reading: 1. Aggarawal, Rohini, Students guide to Mercantile & Commercial Laws, Taxmann Allied Services Pvt. Ltd., New Delhi. 2. Kapoor, N. D., Elements of Mercantile Law, Sultan Chand & Sons, New Delhi 3. Tulsian, P. C., Business Law, Tata McGraw-Hill Publishing Company, New Delhi, 2006. 4. Nolakha, R. L., Business Laws, Ramesh Book Depot, Jaipur Reference books: 1. Datey, V.S., Business and Corporate Laws, Taxmann Allied Services Pvt. Ltd., New Delhi 2. Singh, Nirmal, Business Laws, Deep & Deep Publications Pvt. Ltd., New Delhi 3. Gulshan, S. S., Business Law, Excel Books, New Delhi
Micro Economics Theory I Code :FSG 114 Objective The objective of this course is to acquaint the students with concepts and techniques used in Micro-economic theory and to enable them to apply this knowledge in business decision-making. Unit Contents Lectures Micro Economics: Meaning and Definition, Types of Micro Economic Analysis. Role of Micro and Macro Economic Analysis in I 07 Formulation of Business Policy. Difference and Inter Dependence of Micro and Macro Economics. Utility Approach: Meaning and Definition of Utility. Characteristics of Utility. Measurement of Utility. Total Utility and Marginal Utility. II Law of Diminishing Marginal Utility, Law of Equi-Marginal utility, 10 Limitations of Utility approach Law of Consumer surplus (Marshalls version) Indifference curve Approach: Meaning, Assumptions, Properties III of Indifference curves. Budget Line. Consumer Equilibrium- Price, 10 income and substitution effect. Giffens Paradox. Law of Demand: Meaning, Determinants, Assumptions of the Law, Elasticity of demand-Meaning, Degree of Elasticity. Income and IV 8 Cross Elasticity. Law of Supply: Meaning and Determinants Law of Production- Meaning of Production, Law of Variable V Proportions, Returns to scale, Production and Equal product curves 10 (Isoquants) Least cost combination. Essential Reading Somdeo, Business Economics, RBD, Jaipur Mathur, N.D, Business Economics, Shivam Publication, Jaipur Baumol, W J. Economic Theory and Operations Analysis.3rd ed,New Delhi, Prentice Hall 1996 References Dwivedi D.N, Managerial Economics, Vikas Publications, Delhi Koutsoyiannis, Modern Economics, New York, Macmillan,1991 Keat Paul G &K.Y.Young, Managerial Economics, Prentice Hall, New Jersey Dipsey R.G and Cheystal, Principles of economy, Oxford university Press
Practical Code: FSG-115 Max Marks: 100 Accounting & Taxation Objective: The objective of this paper is to give the practical knowledge of manual accounting. Practical contents: Manual Accounting- Journal, Ledger, Subsidiary Books, Trial balance, Final accounts Bank Reconciliation Statement
Business Studies
Credit: 4
Objective The Objective of this practical is to connect the theoretical concepts and learning to applied aspect of the subject and bridge the gap between theory and real world cases. Practical Contents Every student is required to solve at least 5 cases pertaining to each of the topics of Indian Contract Act, 1872, mentioned hereunder. Topics 1. Classification of contract 2. Proposal and Acceptance 3. Contractual capacity 4. Free Consent 5. Consideration 6. Legality of object & consideration 7. Void agreements 8. Contingent contracts 9. Performance of contracts 10. Discharge of contract 11. Remedies of breach of contract 12. Quasi contract 13. Indemnity 14. Guarantee Total cases No. of Cases 2 2 2 2 2 2 2 2 2 2 2 2 2 2 28
Financial studies Objective To acquaint the students with practical aspects of Micro Economics in business decision making. This course will focus on viewing the social activities of the individual, the business firm and government from a microeconomic perspective. Practical: Every student is required to solve the cases on the following topics: 1. Grasping the Basics of Microeconomic Thinking; 2. Theory of Consumer Behavior (Maximizing Satisfaction); 3. Theory of Demand Forecasting; 4. Theory of demand and supply; 5. Theory of Law of Production.
Financial Markets Code: FSG 116 Objective To provide an in-depth knowledge on operations of financial markets in India Unit Contents Lectures Indian Financial System: Concept, Functions, Evolution and Role 10 I of Financial Markets. Weaknesses of Indian Financial System. Indian Money Markets: Treasury Bill Market- Introduction, nature, characteristics, types II of treasury bills. 8 Commercial Bill Market- Introduction, Bill of Exchange Classification, Acceptance. Size of Bill market in India Indian Capital Market: Security Market (a) Primary Market (b) III Secondary Market. Difference between Primary and Secondary 9 Market. Recent trends of Primary and Secondary Market. Stock Exchange: Listing and Delisting of Securities, Insider IV Trading. National Stock Exchange and over the Counter Exchange, 8 On line Trading. SEBI: Objectives, functions, powers. 10 V Guidelines for issue of shares, Recent reforms in SEBI Essential Reading Bhole. L.M. Financial Markets and Institutions Tata Mc Graw Hill, New Delhi Gordan, Natrajan Financial Markets & Management of Financial Services Himalayan publication, New delhi Vasant Desai, Indian Financial System, Himalayan Publication References Gold Smith.R.W. Financial Institutions Khan M.Y Indian Financial Theory and Practice, Vikas Publishing House.
International Finance Code: FSG 117 Objective To acquaint students with the role of international institutions and monetary system. Unit I Contents International finance- Meaning, Scope, Importance, Methods of International Payment. Documentary credit- Meaning, Procedure Parties, Kinds of letters of credit. International Financial Market- meaning, Instruments (Euro Notes, Commercial Papers, Medium term notes, Floating Rate Notes Euro Bonds and GDRs). International Monetary System- Gold Standard, Gold Bullion Standard, Bretton Woods System, Post Bretton Wood agreements. IMF & World Bank-Objectives, Roles, Achievements, Recent developments, Progress and Criticism. IFC & IDA, ADB- Objectives, Roles, Functions and Achievements. Lectures
10
II II IV V
10
10 8 7
Essential Reading Avadhani,V.A, International Finance, Theory and Practice, Himalaya Publishing Company, New Delhi. S.K. Mathur, International Trade and Finance, Shivam Book House, Jaipur. Cherunilam Francis International Economics, Tata McGraw-Hill Publishing Company Limited, new Delhi Cherunilam Francis International Business, Tata McGraw-Hill Publishing Company Limited, new Delhi Maurice, Levi, International Finance, McGraw Hill, Int. Ed. New York. Reference Books: Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York. Wood, D. and J Byrne: International Business Finance, Macmillan, New York. Sodersten B, International Economics, Macmillan, London. Dominick, International Economics, Macmillan Publication Company, New York. Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing House, Mumbai Seth M.L., Money, Banking, international Trade and Public finance, Lakshmi Narain Agarwal Educational Publisher, Arga.
Paper-I: Financial Market Objective Objective To acquaint the students with practical aspects of Banking services or business. Practical: A Project file to be prepared by the student on the following topics: Utility of different instruments of Financial Market. SEBI . Paper-II: International Finance Objective To acquaint the students with practical aspects of International Finance. Practical: Every student is required to solve the cases on the following topics: 1) International Monetary System; 2) Comparative analysis of IMF and World Bank in providing assistance to India;
SEMESTER II
Corporate Accounting Code: FSG 211 Semester II Objective- The objective this course is to gain expert knowledge of principle and procedure of corporate accounting and their application in different practical situations. Credit-3 Unit Content I Issue and Forfeiture of Shares: Introduction, Types of Companies, Types of Shares, Central Government Rules/SEBI Guidelines on Issue of Shares including concepts of Book Building and Demat Shares, Accounting for issue of shares, Right Issue, Issue of Shares to Vendor, Issue of Shares to Promoters, Issue of Sweat Equity Shares, Employees Stock Option Scheme(ESOS), Bonus Issue, Forfeiture and Reissue of Shares Redemption of Preference Shares and Buy Back of Shares: Introduction, Redemption of Preference Shares, Accounting Treatment, Calculation of Minimum Fresh issue of shares to comply with section 80 of the Act, Minimum Fresh Issue to Provide Funds for Redemption, Partly Called up Preference Shares and Redemption of Preference Shares, Fully Called up but partly paid up Shares and Redemption of Preference Shares, Buy Back of Equity Shares Accounting For Debentures: Introduction, Meaning and Types of Debentures, Difference between Shares and Debentures, Accounting for Issue of Debentures, Treatment of Discount on issue of Debentures, Interest on Debentures, Meaning of Redemption of Debentures, Sources of Redemption of Debentures, Methods for Redemption of Debentures Preparation of Financial Statements- Profit and Loss Account, Balance Sheet Managerial Remuneration: Ascertaining Profit for Managerial Remuneration, Remuneration to Directors, Remuneration to Managers Disposal of Profits: Transfer to Reserve, Dividends, Corporate Dividend Tax, Unpaid Dividend Account Acquisition of Business, Pre-Incorporation Profit/Loss Underwriting of Shares and Debentures: Meaning of Underwriting, SubUnderwriters, Firm Underwriting, Underwriting Commission, Marked Applications, Calculation of Liability of Underwriters, Valuation of Goodwill: Features of Goodwill, Elements of Goodwill, Types of Goodwill, Accounting for Goodwill, Valuation of Non-Purchased GoodwillAverage Profit Method, Super Profit Method, Capitalization of Average Method, Capitalization of Super Profit Method, Annuity Method Valuation of Shares: Need for Valuation, Factors Affecting Valuation of Shares, Methods of Valuation-Assets Backing Method, Yield Valuation Method
No of Lectures 10
II
07
III
08
IV
10
10
Essential Readings 1. Corporate Accounting-Agarwal, Jain, Sharma, Shah , Mangal (Ramesh Book Depot) 2. Modern Accountancy- A Mukherjee& M Hanif (Tata Mc Graw Hill) 3. Corporate Accounting-Jain, Khandelwal, Pareek (Ajmera Book Company) Reference Books 1. Accounting Theory-L.S Porwal (Tata,Mc Graw Hill) 2. Advanced Accounts-Shukla, Grewal, Gupta (S.Chand) 3. Advanced Accountancy-S.N Maheshwari (Vikas Publishing House Pvt Ltd) 4. Advanced Accountancy- S.P Jain& K.L Narang , (Kalyani Publishers) 5. Corporate Accounting: Anil, Rajesh Mariyappa ( Himalaya Publishing House) Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless
Semester II Objective- The objective of this course is to familiarize students with the basic statistical tools used for decision-making. Credit-3
Unit
Content
Introduction- Definition of Statistics, Importance and Scope of Statistics, Types and Source of Data, Collection of Data, Limitation of Statistics Classification and Tabulation of Data: Meaning and Characteristics, Frequency Distribution, Simple and Manifold Tabulation Measure of Central Tendency: Arithmetic Mean (Simple and Weighted), Median (Including Quartiles, Quintiles, Octiles, Deciles, Percentile) Mode, Geometric and Harmonic Mean-Simple and Weighted Measures of Dispersion: Absolute and Relative Measures: Range, Quartile Deviation, Mean Deviation, Standard Deviation and their Co-efficient. Skewness: Absolute Measures of Skewness, Relative Measures of Skewness Karl Pearsons Coefficient of Skewness, Bowleys Coefficient of Skewness Correlation: Meaning and Significance, Scatter Diagram Correlation Graph, Karl Pearsons Coefficient between two variables. Coefficient of Correlation by Spearmans Rank Difference Method and Concurrent Deviation Method Regression Analysis-Meaning and Significance, Difference between Correlation and Regression, Regression lines, Regression equations, coefficient of Regression, Standard error of the estimate
Index Numbers:-Introduction, Uses of Index Numbers, Classification of Index Numbers, Problems in Construction of Index Numbers, Methods of Constructing Index Numbers, Test of Adequacy of Index Number Formulae, Base Shifting, Splicing and Deflating of Index Numbers
No of Lectures
08
II
12 08
III
IV
11
06
Essential Readings 1. Business Statistics-Garg, Sharma, Jain, Pareek(Shivam Book House Pvt Ltd) 2. Statistics Theory and Practice-Sancheti and Kapoor( Sultan Chand and Sons New Delhi) 3. Business Statistics: S.C Gupta (Himalya Publishing House) Reference Books 1. Statistical Methods:-S.P Gupta, Archana Gupta(Sultan Chand& Sons, New Delhi) 2. Stattistical Methods-K.N Nagar 3. Business Statistics-Yadav, Jain, Mittal (Malik and Company Jaipur) 4. Fundamentals of Statistics: S. C Gupta (Himalya Publishing House) Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless
Unit I
Contents
Specific Contracts-I: Bailment: meaning, valid essentials, modes of delivery of goods, classification of bailment, duties and rights of bailor and bailee, finder of goods lost, termination of bailment, lien: meaning and types. Pledge: meaning, essentials, difference between bailment and pledge, rights and duties of pawner and pawnee, pledge by non-owners. Specific Contracts-II: Contract of Agency: meaning, essentials, creation and termination of agency, who may be an agent and principal, duties and rights of agent and principal, delegation of authority: sub-agent, substituted agent, personal liability of agent, irrevocable agency. Sale of Goods Act, 1930: Contract of sale of goods: Meaning, essentials, difference between sale and agreement to sell, hire purchase concept, classification of goods, effects of destruction of specific goods. Condition & warranty: Meaning, difference, types, Doctrine of caveat emptor. Transfer of property in goods: Rules, transfer of ownership by non-owners. Performance of contract: Meaning, rules relating to delivery of goods, duties and rights of buyer. Unpaid seller: Meaning, rights-against the goods and against the buyer. Remedies for breach of contract: buyers remedy and auction sale. Consumer Protection Act, 1986: Objectives, important terms, rights of consumer. Consumer protection councils, dispute redressal agencies: district forum, state commission, central
Lectures 07
II
06
III
11
IV
11
commission, differences. The Indian partnership Act, 1932: Definition of partnership, essentials, difference between partnership and co-ownership, difference between partnership and Joint Stock Company. Formation and registration: who may become partner, time and procedure of registration recording of changes, effects of non-registration, exceptions: rights not affected by non-registration. Types of partnership, types of partners, minor as partner in benefits. Relations of partners: Rights and duties of partners, relations of partners to third parties Dissolution of firm: Difference between dissolution of partnership and firm, modes of dissolution of firm, rights and liabilities of partners on dissolution.
10
Essential Reading: 1. Aggarawal, Rohini, Students guide to Mercantile & Commercial Laws, Taxmann Allied Services Pvt. Ltd., New Delhi. 2. Kapoor, N. D., Elements of Mercantile Law, Sultan Chand & Sons, New Delhi 3. Tulsian, P. C., Business Law, Tata McGraw-Hill Publishing Company, New Delhi, 2006. 4. Nolakha, R. L., Business Laws, Ramesh Book Depot, Jaipur Reference books: 1. Datey, V.S., Business and Corporate Laws, Taxmann Allied Services Pvt. Ltd., New Delhi 2. Singh, Nirmal, Business Laws, Deep & Deep Publications Pvt. Ltd., New Delhi 3. Gulshan, S. S., Business Law, Excel Books, New Delhi
Micro Economic Theory-II Code: FSG 214 Objective To give in-depth study of different cost concepts, markets and various aspects theory of Factor distribution Unit Contents Cost Analysis: Real cost, Opportunity cost, Money cost, Explicit and I Implicit cost. Short run cost curves and Long run cost curves Revenue analysis: Concept and types Market: Meaning, Characteristics of Market, classification Of Market, II Market Structure. Perfect competition- Characteristics. Monopoly Characteristics. Imperfect Competition- Different Forms of Imperfect Competition( Oligopoly & Duopoly- Meaning.) Price and Output determination under: Perfect Competition, Monopoly, III Discriminating Monopoly, Monopolistic Competition. Oligopoly: Concept, Non Collusive oligopoly: Chamberlin Model: Kinked IV Demand Model, Collusive Oligopoly: Cartels; Price Leadership Factor Pricing: Factor Pricing in perfect market, Factor Pricing in imperfect V market. Marginal Productivity Theory of Distribution Essential Reading Somdeo, Business Economics, RBD,Jaipur Mathur.N.D, Business Economics,Shivam Publications,Jaipur Jain, Khanna and Tiwari, Modern business Economics, V.K.Enterprises, New Delhi References Dwivedi D.N, Managerial Economics, Vikas Publications, Delhi Koutsoyiannis, Modern Economics, New York, Macmillan,1991 Keat Paul G & K.Y.Young, Managerial Economics, Prentice Hall, New Jersey Dipsey R.G and Cheystal, Principles of economy, Oxford university Press of
Lectures 10
10
7 8 10
Practical FSG 215 Max Marks: 100 Accounting and Taxation Content Computerized Accounting: Use of Accounting Software Tally Creation of Company Creation of Ledger Account Voucher Entry Maintenance of Inventory Record Analysis of Trial Balance & Final Accounts Business Studies Objective The Objective of this practical is to connect the theoretical concepts and learning to applied aspect of the subject and bridge the gap between theory and real world cases. Practical Contents Every student is required to solve at least 10 cases pertaining to each of the topics mentioned hereunder. Topics 1. Specific contracts 2. 3. 4. 5. Bailment 3 3 3 3 3 3 18 Pledge Contract of Agency Sale of Goods Act, 1930 Consumer Protection Act, 1986 Indian Partnership Act, 1932 Total cases No. of Cases Credit: 4
Financial Studies Objective To acquaint the students with practical aspects of Micro Economics in business decision making. Practical: Every student is required to solve the cases on the following topics: Cost Analysis Types of Markets Theory of factor of production
Management of Financial Services Code: FSG 216 Objective: To acquaint students with the process of managing the Financial Services. Unit I Contents Lectures Financial Services- Introduction, Scope, Causes of financial Innovation, new financial services, Innovative financial Instruments, 8 challenges in the financial service sector. Leasing- Definition, Types, legal aspects, Advantages & Disadvantages, Problems faced by lease Industry in India. 8 Hire Purchase- Meaning, Legal position and banks credit for Hire Purchase. Mutual Funds- Meaning, Types, importance, General Guide lines. 8 Merchant Banks- origin, Services, Progress & Problems. Factoring - Meaning, Functions, Types, Factoring in India. Securitisation of Debt- Meaning, Structure, Benefits, Securitisation vs. 8 Factoring, Securitisation in India and Reasons for its unpopularity in India. Venture capital- Meaning, Features & Methods. Credit cards- meaning, Types, Parties, Procedure & Facilities, Benefits 8 & Demerits.
II
II
IV
Essential Reading Bhalla V.K.-Financial Markets &Services Anmol Publications, Delhi Srivastava R.M.-Management of Indian Financial InstitutionsHimalaya Publication, New Delhi Jain, Khanna, Tiwari, Banking and Public Finance V.K India Enterprises, New Delhi. Natarajan S, Parameshwaran R, Indian Banking S.Chand & Company LTD, New Delhi Reference Books : Khan M.Y. - Indian Financial System Vikas Publishing house, New Delhi Sinha, S.L.N., Development Banking in India, (Madras: Institute of Financial Management and Research, 1976). Khan and Jain, Financial Services, 2nd ed. Tata McGraw Hill, 2004. P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited
Advance International Finance Code: FSG 217 Objective To acquaint students with the theory of Foreign exchange market and transactions. Unit I Contents Foreign Exchange - Meaning, Theories of Exchange Rate- PPP theory, Balance of Payment theory. Exchange Control- Meaning, Features, Objectives, Methods, Merits & Demerits, Exchange control in India. Foreign Exchange Market- Meaning, Functions, Dealing in Foreign Exchange Market- Spot, Forward, Futures, Options and Arbitrage. Balance of Payment- Concept, Components, Equilibrium in BOP, Measures to correct disequilibrium, Recent trends. United Nation Conference on Trade and Development (UNCTAD)Introduction, Organization, Membership, Function, Principles and Achievement Foreign Aid to India- Role, Impact of Foreign aid on Indias Economic development and Problems of Foreign Aid. WTO- Introduction, Objectives, Functions and India & WTO. Lectures 8
II III IV
8 8 8
Essential Reading Avadhani,V.A, International Finance, Theory and Practice, Himalaya Publishing Company, New Delhi. S.K. Mathur, International Trade and Finance, Shivam Book House, Jaipur. Cherunilam Francis International Economics, Tata McGraw-Hill Publishing Company Limited, new Delhi Cherunilam Francis International Business, Tata McGraw-Hill Publishing Company Limited, new Delhi Maurice, Levi, International Finance, McGraw Hill, Int. Ed. New York. Reference Books: Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York. Wood, D. and J Byrne: International Business Finance, Macmillan, New York. Sodersten B, International Economics, Macmillan, London. Dominick, International Economics, Macmillan Publication Company, New York. Mithari D. M. Introduction to International Economics (Latest)- Himalaya Publishing House, Mumbai Seth M.L., Money, Banking, international Trade and Public finance, Lakshmi Narain Agarwal Educational Publisher, Arga.
Paper-I: Management of Financial Services . Objective To acquaint the students with practical aspects of financial services. Practical: A Project file and presentation to be prepared by the student on any one of the following topics on the basis of her research: Role of any Private or Public Bank in providing following financial services: Merchant Banking Venture Capital Mutual Funds Paper II Advance International Finance Objective To acquaint the students with practical aspects of International Finance. Practical: Every student is required to solve the cases on the following topics: 1 International Monetary System; 2 Comparative analysis of IMF and World Bank in providing assistance to India; 3 Theory of Balance of Payment; 4 Foreign Exchange Market
SEMESTER III
Semester III Objective-To gain knowledge of the basic principles underlying the substantive provisions of the Income Tax Law and their application in computation of income of an individual under various heads of Income. Credit-3
Unit I
Content
Definitions- Person, Assessee, Income, Previous Year, Assessment Year, Gross Total Income, Total Income, Residential Status and Scope of Total Income Computation of Taxable Income Under the Head Salaries Computation of Taxable Income under the Head House Property Depreciation and Other Deductions Computation of Taxable Income under the head Business and Profession
No of Lectures 07
II III IV V
15 07 06 10
Essential Readings
1. Professional Approach to Direct Taxes- Girish Ahuja& Ravi Gupta( Bharat Law House Pvt Ltd, New Delhi 2. Income Tax-Patel, Chaudhary, Sharma, Modi, Bardiya 3. Income Tax- Agarwal, Jain, Sharma ,Shah, Mangal ( Ramesh Book Depot)
Reference Books
1. 2. 3. 4. 5. Direct Tax Laws- T.N Manoharan, Snowwhite Publications (P) Ltd Direct Tax Law and Practice- V.K Singhania (Taxmann Publication, New Delhi) Law and Practice of IncomeTax, Mr Dinkar Pagare, (M/S Sultan Chand& Sons) Income Tax for Students-Sharad Bhargav, (Mashbara Industries) Income Tax; Law and Accounts:- H.C Mehrotra(Sahitya Bhawan)
Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless
Business Organization
Code: (FSG-312)
Objective
The Course attempts to equip the students with the knowledge of the basic principles and functionalities of Management function in a business organization.
Unit I II III IV
Contents
Concept of Business Organization, Classification of Business Organizations, Establishment of business organization (steps and consideration) Origin and development of entrepreneurship in India, Sources of Business Finance (Long term, Short term) Corporate Social Responsibility, Rationale, Arguments against and in favour Concept, objectives, forms and kinds of Business Combinations: Simple Associations Trade Associations Chamber of Commerce Trade Union Gentlemens agreement Compound Associations Federations Consolidations New Business Project appraisal and Project report preparation
Lectures 08 09 07 11
10
Essential Readings 1. Gupta, C. B., Business Organization, S.Chand, NewDelhi 2. Weihrich, Heinz and Koontz, Harold, Essentials of Management, McGraw Hill, New York 3. Mathew, M.J., Business Organization, RBSA Publishers, Jaipur Reference books: 1. Drucker, Peter Ferdinand, Management Challenges for 21st Century, Harper Collins, USA. 2. Luthans, Fred, Organization Behaviour, McGraw Hill, New York 3. Allen, Louis A., Management and Organization, McGraw Hill, New York 4. Ansoff, H., The New Corporate Strategy, Wiley. 5. Hampton, David R., Modern Management, McGraw-Hill
Unit I II
Contents
Definition, essential characteristics and classification of companies. Lifting of corporate veil. Public companies (Definition & characteristics) Private companies (Definition & characteristics) Government companies (Definition only) Foreign companies (Definition only) Privileges and concessions to private companies Incorporation and formation of a company Promoters, functions, duties and liabilities, methods of remuneration Concepts of shares, Types of shares (Equity shares, Preference shares), debentures, Types of debentures Memorandum of association, Articles of association, prospectus, Statement in lieu of prospectus Membership in a company, difference between a member and shareholder, contributory (Definition), Winding up of Company (Voluntary, Under Courts Supervision, Compulsory by the Court)
Lectures 09
09
III
09
IV V
07
11
Essential Reading: 1. Majumdar,A.K. and Kapoor, G. K., Students guide to Company Law, Taxmann Publications (P) Ltd., New Delhi 2. Singh, Avtar, Indian Company Law, Eastern Book Company Reference books: 1. Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur 2. Mathew, M.J., Company Law, RBSA Publishers, Jaipur 3. Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi, 2007
Financial Management Code: FSG 314 Objective To familiarize the students with fundamental principles and practices of Financial Management. Unit I Contents Financial Management: Meaning, Scope, Importance and Limitations. Analysis of Financial Statements. Financial Planning: Objectives, Significance & Factors affecting Financial Planning. Ratio Analysis: Meaning and classification of ratio- Liquidity ratio, Activity ratios, Profitability ratios, Leverage ratios and Investment ratios. Operating and Financial Leverages: Meaning and Types of leverages. ( operating & financial leverage) Break Even Analysis: Meaning and Methods of Break Even Analysis. Capital Budgeting: Meaning, Process and Techniques of Capital Budgeting. Inventory Management: Meaning, Importance, Risk and cost associated with inventory and techniques of Inventory control Cost of capital: Concept, factors affecting cost of capital and computation of cost of capital. Lectures 10
II III IV
8 9 8 10
Essential Reading Agarwal MR- Financial Management Garima Publication, Jaipur Agarwal & Agarwal "Financial Management" RBD Publication. Jaipur Reference Books Bhalla, V.K., Financial Management & Policy, (Anmol Publications, Delhi).. Chandra, P., Financial Management- theory and practice, (Tata Mc Graw Hill). Rustagi, Fundamentals of Financial Management,( Galgotia Publishing House, Delhi) Khan M.Y- Indian Financial Management, Tata Mc Graw Hill, India Maheshwari S.N Financial Management, Sultan Chand and Sons, New Delhi Horne, J.C. Van., Fundamentals of Financial Management, 9th ed. (New Delhi Prentice Hall of India 1995). Khan and Jain., Financial Management text and problems, 2nd ed. ( Tata Mc Graw Hill New Delhi 1992). Pandey, I.M., Financial Management, Vikas Publications.
Content Project file which contains solution of practical problems related to Income from Salary Income from House Property Income from Business & Profession
Business Studies Paper-I: Business Organization Objective Through this practical students can acquire a skill to distinguish roles and purposes of organizations and companies and be in a better position to shoulder their responsibilities in a fast changing Competitive Corporate World. Practical Contents:1. Take a group of 15 companies and classify them on the following basis Classification on the basis of size Classification on the basis of ownership (Private Company, Public Company, Cooperative Societies, Joint Sector etc.)
2. Make a project giving the real examples of how the various companies are bearing their Corporate Social Responsibility and the others who are not.
Paper-II: Corporate Law Objective The Objective of this practical is to connect the theoretical concepts and learning to applied aspect of the subject and bridge the gap between theory and corporate world
practices. This paper aims at helping the students learn to fulfill various types of documentation formalities required under the Indian Companies Act, 1956. Practical Contents Student should be acquainted with the importance and filling procedure of the following documents related to a company:~ Form 1: Application and declaration of Compliance for registration/incorporation of a new company Form 1A: Application form for availability or change of name Form 1B: Application for approval of the Central Government for change of name or conversion of a Public company into a Private company Form 18: Notice of the situation/change of situation of registered office Form 37: Application by an existing joint stock company or by an existing company (not being a joint stock company) for registration as a public limited or private limited or an unlimited company
Financial Studies Objective To acquaint the students with practical aspects of Financial Management. Practical:A Project file and presentation to be prepared by the student on any one of the following topics: A compared profitability ratio analysis of any two firms will be prepared on the basis of research by the student. A project report containing the data relating to the various sources of finance of any firm will be prepared by the student.
Project Management Code: FSG 316 Objective: The paper encapsulates various facets pertaining to the selection and successful implementation of a project.
Unit
I
Contents
Project: Meaning, Characteristics classification &Life cycle of A project, Phases of Project Management Project Formulation: Introduction, sequential stages of Project formulation. Project Feasibility- Introduction, market, Technical and Financial Feasibility. Project Appraisal: Meaning, Scope, Types of Appraisal (Technical, commercial, Economic &Financial appraisal) Social Cost Benefit Analysis: Meaning, Approaches (UNIDO & L-M approach) Capital Budgeting- Introduction, Discounted cash flow techniques: Present Value and IIR. Project planning & scheduling: Introduction, Scheduling Techniques (Bar Chart, Network based scheduling-PERT &CPM) Project organization: Functional & Matrix organization
Periods
07
II
06
III
12
IV
12
08
Books Recommended Essential Reading Nagrajan .K Project management New Age International Publishers Agarwal, Mishra, Project Management, RBD, Jaipur References Vasant Desai Project Management , Himalaya Publishing House. Prasanna Chandra Project Planning, Implimentation & Review Tata McGrawlHill, New Delhi
Business Budgeting Code: FSG 317 Objective: To familiarize the students with various concepts of budgets Unit I II III IV V Contents Business Budget and Budgeting: Terminology of Budgets and its procedure, Budgetary control, Meaning, features, process. Types of Budget: Fixed and flexible budget, Meaning, Importance, Features and Difference between fixed and flexible budget. Functional Budgets: Sales Budgets, Production Budget, Production Cost Budget, Master Budget and Cash Budget. Analysis of Budget variances: Material, Labour & Sale variances Zero Base Budgeting: Origin, Concept, Advantages & Limitations Performance Budgeting: Meaning, Features, Importance & limitations Lectures 8 9 10 9 8
Books Recommended Essential Reading M.R. Agarwal, Business Budgeting Garima Publications, Jaipur Agarwal, Vijay, Surolia, Business Budgeting Ramesh Book Depot New DelhiJaipur S.N Maheshwari, Management Accounting and Control Sultan Chand and Sons, New Delhi Reference Books M.Y.Khan and P.K.Jain, Management Accounting Himalaya Publishing House, New Delhi Jawahar Lal, Accounting for Management Himalaya publishing house, New Delhi. Owswal, Sharma, Business Budgeting Kailash Book Depot Jaipur
Paper I: Project Management Objective To acquaint the students with practical aspects of project management. Practical: A Project file and presentation to be prepared by the student on any one of the following topics: Project Appraisal Project cost and financing. Project Evaluation.
Paper II: Business Budgeting Objective To acquaint the students with practical aspects of Business Budgeting. Practical: A Project file to be prepared by the student on the basis of the case pertaining to the following topics: 1. Sales Budgets, Material Budget, Labour Budget, Master Budget and Cash Budget 2. Analysis of Budget variances 3. Budget of Government
SEMESTER IV
Semester IV Objective-To gain knowledge of the basic principles underlying the substantive provisions of the Income Tax Law and their application in computation of income of an individual under various heads of Income.
Unit I II III IV V
Content
Computation of taxable income under the head Capital Gain and Other Sources Deemed Income, Set Off and Carry Forward of Losses Deductions from Gross Total Income, Tax Rates, Rebates and Reliefs, Assessment of Individual Assessment of Hindu Undivided Family, Assessment of Firm, Assessment of AOP Procedure of Assessment- Filling of Return as Statutory Obligation, Timing of Filing of Return of Income, Defective of Incomplete Return, Belated Return of Income, Permanent Account Number (PAN), Signature on Return, Types of Assesment, Deduction of Tax at source, Advance Payment of Tax
No of Lectures 10 05 10 14 06
Essential Readings
1. Professional Approach to Direct Taxes- Girish Ahuja& Ravi Gupta( Bharat Law House Pvt Ltd, New Delhi 2. Income Tax-Patel, Chaudhary, Sharma, Modi, Bardiya(Choudhary Prakashan) 3. Income Tax- Agarwal, Jain, Sharma ,Shah, Mangal ( Ramesh Book Depot)
Reference Books
1. 2. 3. 4. 5. Direct Tax Laws- T.N Manoharan, Snowwhite Publications (P) Ltd Direct Tax Law and Practice- V.K Singhania (Taxmann Publication, New Delhi) Law and Practice of IncomeTax, Mr Dinkar Pagare, (M/S Sultan Chand& Sons) Income Tax for Students-Sharad Bhargav, (Mashbara Industries) Income Tax; Law and Accounts:- H.C Mehrotra(Sahitya Bhawan)
Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless
Unit I II
Contents
Management Concepts, Functional aspects of Management, Planning concepts and process, decision making Organization function: Concepts, importance, principles, centralization vs decentralization, Organization structures Staffing function: Recruitment, Selection, process, sources, Job analysis, job specifications, job description, manpower planning Directing function: Motivation concepts, theories (Maslow, Herzberg, McGregors X-Y theory, & William Ouchis Z theory) Leadership: Styles and Theories Controlling function: Concepts, importance, process, tools and techniques
Lectures 09 09
III IV
09 09
09
Essential Readings 1. Gupta, C. B., Business Organization, S.Chand, NewDelhi 2. Weihrich, Heinz and Koontz, Harold, Essentials of Management, McGraw Hill, New York Reference books: 1. Drucker, Peter Ferdinand, Management Challenges for 21st Century, Harper Collins, USA. 2. Luthans, Fred, Organization Behaviour, McGraw Hill, New York 3. Allen, Louis A., Management and Organization, McGraw Hill, New York 4. Ansoff, H., The New Corporate Strategy, Wiley. 5. Hampton, David R., Modern Management, McGraw-Hill
Code: (FSG-413)
Objective
The course is aimed at teaching the functions, liabilities and duties of Directors, Managers and the Company Secretary
Unit I II III IV
Contents
Directors, Board of Directors, Managing Director, Whole-time Director, Manager Position, Powers, Liabilities, Appointment and Removal of company Directors Company secretary, position in company, duties and qualification of company secretary. Secretarial functions with regards to: Allotment of shares Forfeiture and reissue of forfeited shares Payment of dividend
Lectures 08 06 08 11
Transfer and Transmission of shares Secretarial functions and concepts of : Company meetings (Annual General Meeting, Extraordinary General Meeting, Statutory meeting) Resolutions, Notices, Agenda, Quorum, Minutes Proxy
12
Essential Reading: 1. Majumdar, A.K. and Kapoor, G.K., Students guide to Company Law, Taxmann Publications (P) Ltd., New Delhi 2. Singh, Avtar, Indian Company Law, Eastern Book Company Reference books: 1. Krishnamurti, D.S.R., Company Law, Taxmann, New Delhi, 2007 2. Nolakha, R.L., Company Law, Ramesh Book Depot, Jaipur 3. Mathew, M.J., Company Law, RBSA Publishers, Jaipur
Indian Economy Policies and Performance Code: FSG 414 Objective: The paper aims to cover different spheres of Indian Economy so to make students aware of achievements and problems of our economy Unit Contents Indian Economy: Basic Features of Indian Economy, Causes of under development of Indian Economy, India as Mixed Economy, Indias Position in World Economy. Economic Planning: Meaning & Significance, Objectives, Techniques, Progress During various Five Year Plans, Features of X & XI Five Year Plan. Industrial Policy of India- Meaning, Industrial Policy 1991 and Recent trends of Industrial Policy of India. EXIM Policy(2002-07)- Meaning, Recent Trends Globalization- Meaning, Objectives, Positive & Negative impacts. Unemployment- Meaning, Types, Causes and remedies to remove unemployment. Poverty- Meaning, Causes, Measures to remove poverty. Population: Meaning, Causes of Population explosion in India, Main Features of census 2001. Lectures
I II III IV V
06 08
13 08 10
Books Recommended Essential Reading Swami &Gupta ,Economic Environment in India ,RBD,Jaipur Sundaram &Dutt, Indian Economy ,S Chand & Sons, New Delhi Reference Books Mathur, Mishra, Vyas Economic Environment in India, RBSA Publication, Jaipur A N Agarwal , Indian Economy, New India International Ltd, Chennai
Practical Code: FSG 415 Max Marks: 100 Unit Credit: 4 Content Project file which contains solution of practical problems related to Income from Capital Gain Income from Other Sources Assessment of Total Income of Individual, HUF and Firm& their Tax Liability Filling of Income Tax Return for Individual Computation of Total Income and Tax with the help of software
Business Studies Paper-I: Business Management Objective: The objective of this practical is to connect the theoretical concepts and learning to applied aspect of the subject and bridge the gap between theory and applied management. Practical contents: Study of two Corporate organizations for their organization structure and identification of the type of the type of organization structure being established by these organizations. Study of the Recruitment and selection procedure being adopted by these two organizations. Discuss of two case studies related to functional aspect of management.
Paper-II: Company Management and Secretarial Practice Objective The Objective of this practical is to connect the theoretical concepts and learning to applied aspect of the subject and bridge the gap between theory and corporate world practices. This paper aims at helping the students learn to fulfill various types of documentation formalities required under the Indian Companies Act, 1956.
Practical Contents Student should be acquainted with the importance and filling procedure of the following documents related to a company:~ Form 2: Return of allotment of shares Form 20B: Form for filing annual return by a company having a share capital with the Registrar Form 22: Statutory Report Form 25C: Return of appointment of managing director or whole-time director or manager Form 29: Consent to act as director of a company and/or undertaking to take and pay for qualification shares Form 32: Particulars of appointment of directors and manager and changes among them Financial Studies Objective To acquaint the students with practical aspects of various policies and planning in designing the structure of Indian Economy. Practical:A Project file and presentation to be prepared by the student on any one of the following topics: India's Position in World Economy (Comparative study) Impact of MNCs on Indian Economy. Impact of Industrial Policy in Indian Economy.
Rural Economics Code: FSG 416 Objective: To provide knowledge of rural economy and problems related to it. It covers various aspects of rural development and co-operation. It also sheds some light on democratic decentralization and Panchayati Raj. Unit I Contents Lectures 08 10 07 10
Rural Economy- Concepts, Features of Rural Economy. Rural Development -Economic, social & political Development. Indian Agriculture- Features & Significance of Indian Agriculture, II Modernization of Agriculture. Agriculture Price Policy Role of CACP. Rural Indebtedness & Rural Credit- Causes & Extent of Rural III Indebtedness, Role of RBI in Rural Credit. Rural Development Strategies- Objective of Panchayati IV Raj, Role of Panchayati Raj system in rural Development, Recent Constitutional Provision Regarding Panchayati Raj Rajasthan Rural Economy- Basic features of Rural Economy of Rajasthan. A Brief study of Rural Development Schemes (JGSY, V PMGSY,TRYSEM ,DPAP, MADA, EAS, MNP), Rural Development strategies in particular reference to Rajasthan. Books Recommended Essential Reading Sundaram & Dutt, Indian Economy, S Chand & Sons ,New Delhi Gupta & swami, Rural Development & Co-operation, RBD publications, Jaipur-New Delhi Reference Books Desai Vasant, Study of Rural Economics Himalaya Publication, New Delhi Agarwal. A.N, Indian Economy, New India International Ltd , Chennai
10
Public Finance Code: FSG 417 Objective: The objective of this course is to understand various components of Public Finance and discuss in detail Indian Federal Finance. Unit I Contents Public Finance: Meaning and Scope, Distinction between Private and Public finance, Principles of Maximum Social Advantage. Lectures
07 Public Expenditure: Meaning, Nature & Canons of Public II expenditure, Effects of Public Expenditure on economic stabilization, production, distribution and economic growth. 07 Public Revenue: Meaning, Canons of taxation, Incidence and Effect of Taxation and Classification of Taxes: Single vs. Multiple, III Proportional vs. Progressive, Direct and Indirect Tax. Fiscal Policy of Government- Meaning and Instruments of Fiscal 10 Policy. Public Debt: Meaning, Types of Debt, and Limitation of Raising Public Debt. IV Deficit Financing: Various concepts of Deficit Financing- Revenue 10 deficit, Fiscal deficit, and Primary deficit. Federal Finance: Meaning of federal finance, Center- State financial relations in India. V Finance Commission-Recommendations of recent Finance 11 Commission Essential Reading H.L.Bhatia Public Finance, Vikas Publishing House Pvt Ltd.,Delhi B.P.Tyagi Public Finance, Jai Prakash Nath & Co., Meerut. Jain, Khanna and Tiwari, Banking and Public Finance, V.K.India Enterprises, New Delhi. References Musgrave R.A. and Musgrave P.A. Public Finance in Theory and Practice., Tata Mc graw Hill M.L.Seth, Money, Banking, International Finance and Public Finance, Educational Publication, Agra.
Paper-I: Rural Economics Objective To acquaint the students with importance of Rural Development. Practical: A Project file and presentation are to be prepared by the student on any one of the following topics: Types of Financial Assistance by various financial institutions for development of rural people. Different Rural Development Schemes and Programs. Rural marketing Concept. Paper-II: Public Finance Objective To acquaint the students with Fiscal Operations in the country Practical: A Project file and presentation are to be prepared by the student on any one of the following topics: Parallel Economy Report on VAT in Rajasthan. Report on various committee held in financial Administration.
SEMESTER V
Credit-3
Unit
Content
Auditing: Meaning, Objects, Fraud, Errors, Book-Keeping Accounting and Auditing, Classification of audits, Planning and procedure of audit, Audit Programmes; Auditors working papers, Test Checking and Routine Checking Internal Control and Internal Check System- Meaning, Objectives and evaluation of internal control, Internal check and internal audit, Internal Control regarding sales, purchases, asset liabilities and salaries and wages. Audit Procedure-Meaning, Objective and Importance of Vouching, Vouching and Routing Checking, General Principle of Vouching, Vouching of different item of transactions, Verification and Valuation of Assets and Liabilities With special reference to Plant & Machinery, Building, Goodwill, Patent, Copy Right, Investment, Debtors, Inventories, Share Capital and Loans, Contingent Liabilities and Contingent Assets ; Rules laid down in Kingston Cotton Mills Co Ltd, Irish Woolen Co Ltd Audit of Joint Stock Companies: Appointment, removal and remuneration of company auditor, Audit of share capital, debentures and managerial remuneration, Audit for the purpose of statutory reports and prospectus. Rights, duties and liabilities of an auditor laid down in London and General Bank Case, CIT v/s G.M Dandedkar, Anupam Roy v/s P.K Mukharjee Divisible Profits and Dividends Divisible Profits and Dividends with legal provisions of Companies Act(With special reference to (depreciation) and relevant Case Laws Auditors Report: Definition, Distinction between Auditors Report and Auditor Certificate, Contents of Auditors Report, Classification (Clean, Qualified ,Disclaimer )
No of Lectures 09
II
09
III
09
IV
09
09
Essential Readings 1. Auditing: Jain, Khandelwal(Shivam Publisher) 2. Students Guide to Auditing: Aruna Jha(Taxmann) 3. Auditing: Jain, Khandelwal, Pareek(Ramesh Book Depot) 4. Auditing Theory & Practice: A.K Singh ( Galgotia Publishing Company New Delhi) Reference Books 1. Contemporary Auditing: Kamal Gupta(Tata Mc-Graw Hill) 2. Auditing: Principle and Practice, S.D Sharma(Taxmann) 3. Auditing Principles and Problems: T.R Sharma (Sahitya Bhawan Agra) 4. Practical Auditing: Spicer& Pegler 5. Fundamental of Auditing: Gupta & Arora(Tata Mc Graw Hill)
Unit I
Contents
Introduction to Retail Management: Retailing: Meaning, Retail format, types of retailers (store, non-store retailing), Indian retailing scenario, Functions performed by retailers. Retail Consumer behavior and communication mix Types of buying decisions, Retail buying process, Factors influencing retail buying decisions. Retail communication mix: Meaning, methods, Retail communication process. Retailing strategy: Definition, strategic retail planning process Financial strategy: Strategic profit model Location & site analysis: Types of retail locations, factors affecting Trade area demand, factors affecting attractiveness of a site. Retail operations: Supply chain management: Meaning, process, importance, retail logistics. Customer Relationship Management: Meaning, Importance, Customer Relationship Management process (customer data collection, data analysis, target customer identification, Development of Customer Relationship Management program implementation) Retail Pricing: Pricing strategies (Every Day Low Price, High Low Price), Price adjustments (Mark downs, coupons, Rebates, Price brandling, multiple-unit pricing, variable pricing, online pricing) Store management Functions of store manager Layout and Visual merchandising: Types of store layout designs, planograms, Merchandise presentation techniques. Customer service: Importance, SERVQUAL gaps model.
Lectures 09
II
09
III
09
IV
09
09
Essential Reading: 1. Levy, Michael and Weitz, Barton A., Retailing Management, Tata McGraw-Hill Publishing Company Ltd., New Delhi, 2003 2. Vedamani, Gibson G., Retail Management, Jaico Publishing House, Mumbai 3. Pradhan, Swapna, Retailing Management: Text and Cases, Tata McGraw-Hill Publishing Company, New Delhi, 2nd ed. Reference book: 1. Dunne & Lusch, Retailing, South-Western Educational Publishing, 2004, 5th Edition 2. Retail Management, ICFAI Centre for Management Research, Hyderabad, May, 2003.
Banking law and Practices Code: FSG 513 Objective The students would be able to acquire knowledge related to functions associated with banking and banking services and technology. Contents Banks- Meaning, Types of Banks, Functions and Importance. RBI- Management and Administration, Functions, Credit control measures, Banker- Customer Relationship- Definition, Types of relationship, Banker right and garnishee order. Innovative Banking - Meaning, Significance, Features and Instruments Negotiable Instruments - Promissory note, Bills of Exchange and Cheque.:- Concept, Feature, Parties, Types , Holder and Holder in due course, Acceptance, Collection and Payment of Negotiable Instrument. Endorsement Meaning and Types. Presentment:- Meaning ,Purpose ( acceptance, sight & Payment)Time and place of Presentment and When it is not necessary. Collection and Crossing:- Concept, Liabilities & duties of collecting banker and types of crossing. NABARD- Introductions and Functions . Banking Regulation act 1949, RBI Act 1934 Main Provisions
P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited Jain, Khanna, Tiwari, Banking and Public Finance V.K India Enterprises, New Delhi. Natarajan S, Parameshwaran R, Indian Banking S.Chand & Company LTD, New Delhi References Davar S.R., Banking Law & Practice, Vikas Publishing House, Delhi Shrivastava P.K.,Banking Law & Practice, Himalaya Publishing House, Bombay Shrivastava R.S., Nigam Divya, Management of Indian Financial Institutions Himalaya Publishing House, New Delhi Tannan M.L.,Banking Law and Practice, Indian Law House, Delhi Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi. Ghosh, D ., Banking Policy in India, Allied Publications, Delhi
Unit I
Lectures 7
II
III
12
IV
10
Essential Reading
1. To explain the basic concepts and theories in Macroeconomics to the students. 2. To discuss in detail Macro-Economic policies and changes in various Macro Economic variables
. Unit Contents Macro Economics- Meaning, Definition, Nature, Scope, Importance I and Limitations and Types of Macro Economics-Macro Static, Macro Dynamic and Comparative Static. II Classical Theory of Employment- A study of complete classical model, Says Law, Criticism of classical theory. Keynes theory of Employment and Output- Aggregate Supply, Aggregate Demand, Effective Demand, Comparison between Classical and Keynesian contribution.. National Income Analysis IDefinition, Concepts, Components of National Income. Lectures
07
10
III
10
IV
08
National Income Analysis II Methods of measuring National Income, V Computation of National Income, Difficulties in calculating National Income, Importance of National Income Analysis. Essential Reading Macro Economic analysis - Edward Shapiro, Galgotia Publication, Delhi Macro Economic theory - M.L. Seth, Laxmi Narayan Agarwal, Agra Macro economic Theory M.C. Vaish,Wishwa Prakashan, New Delhi Macro Economic Theory, H.L.Ahuja, S.Chand & Sons Publication, Delhi Dipsey R.G and Cheystal, Principles of economy, Oxford university Press
10
Unit
Content Project file which contains assumption, procedure and solution of practical problems related to Internal Control and Internal Check System Vouching Verification and Valuation of Assets and Liabilities
Business Studies Objective With organized retail sector gaining grounds, it is faced with the problem of professionally qualified Retail managers. The aim of this paper to expose the students to the corporate environment of at least one renowned organized retail outlet and study the various functional aspect of retailing in action. Practical Contents Visit to a retail store and study of the following functional aspect of the retail store visited. Identification of the type of retail format Identification of the target market segment the store is catering to. Critical analysis of the retail outlet location Study of layout plan of the store Study of price tagging and billing aspect Study of security measures being adopted by the store. Study of the Customer Relationship Management (CRM) system of the store. Critical analysis of the Visual merchandizing of the store. Study of various sales promotion and marketing strategies of the store. Study of Organizational structure of the store.
The findings of the above study are to be presented in the form of a Project report.
Financial Studies
Paper-I Objective To acquaint the students with practical aspects of Banking services or business. Practical: A Project file to be prepared by the student on the following topics: Customer Relationship in Banks: Select any Bank and analysis its relationship management of banks with customer on the basis of her research. Role of bank in priority sector. Impact of Technology in Banking.
Paper-II Objective To acquaint the students with practical aspects of Macro economic Theory. Practical:A Project file to be prepared by the student on the following topics: Relevance of Keynes' Theory of Income, Output and employment in Macro economic functioning. Trend of growth in Indias GDP. Methods of Measurement of National income.
Unit I II
III
IV
Contents Indian Financial SystemEvolution and Structure, Development of Financial System in India and its weaknesses. Management of Loans in Commercial Banks- Characteristics of commercial Banks Loans in India. Formulating Loan Policy in a commercial Bank. Factors influencing loan policy in banks. Contents of Bank Loan policy. Investment Management in commercial Banks:- concept, Nature of investment accounts in banks. Significance & Management of security investment, Fundamental principles of security investment. Asset Liability Management in commercial Banks- Concept, Objectives, Functions and Process of ALM.. Management of Risk, Utility of ALM for Commercial Banks. Investment Banks- Organization, Management and Operations of LIC, GIC, Unit Trust of India. Development Banks- Organization, Management and Operations of IFCI, IDBI and SFCs (RFC)
Lectures 8 8
Essential Reading
Varshney P.N., Banking law and Practice, Sultan chand and Sons, Delhi Khubchandani B.S., Practice and Law of Banking, MacMillian India Limited, New Delhi
References
Bhole, L. M., Financial Markets and Institutions, Tata McGraw Hill, Delhi. Ghosh, D ., Banking Policy in India, Allied Publications, Delhi. Khan, M.Y., Indian Financial System, Tata McGraw Hill, Delhi. Varshney, P.N., Indian Financial System, Sultan Chand & Sons, New Delhi. Averbach, Robert D .,Money, Banking and Financial Markets; Macmillan, London. Srivastava R.M.,Management of Indian Financial Institution; Himalaya Publishing House, Mumbai. Tannan M.L.,Banking Law and Practice, Indian Law House, Delhi Bhalla V.K.-Financial Markets &Services Anmol Publications, Delhi Srivastava R.M.-Management of Indian Financial InstitutionsHimalaya Publication, New Delhi Jain, Khanna, Tiwari, Banking and Public Finance V.K India Enterprises, New Delhi. Natarajan S, Parameshwaran R, Indian Banking S.Chand & Company LTD, New Delhi
Marketing of Financial Service Code: FSG 517 Objective To acquaint students with the process of Services Marketing. Contents Lectures Service Marketing- Concept, Features, Significance. Management of Service marketing- Concept of Marketing mix- The I 10 product mix, The price and Place mix, The Promotion Mix. Managing Demand and Supply Concept of Demand, Demand patterns, II Capacity Constraints: Time, Labour, Equipment, Facilities; 9 Market Segmentation. Bank Marketing- Concept, Needs, Importance, Marketing Mix for Banking III 8 Services and Banks Marketing in India. Insurance Marketing- Concept, Need, Importance, Marketing mix for IV 8 Insurance, Insurance marketing in Indian environment. Customer Relationship- Customer Delight, Service Quality, Customer Retention V 10 CRM (Customer Relationship Management)- Concept, Significance, Strategies for building relationship. Essential Readings S.M.Jha,Service Marketing, Himalaya Publishing House Payne Adrian, The Essence of Service Marketing, Prentice Hall of India,New Delhi Balaji B, Service Marketing and Management, S.Chand, New Delhi Ram Mohan Rao, Services Marketing (Pearson Education) Roland. T.Rust Anthony J. Zahorik and Timothy I. Keilninghan, Services Marketing. John M. Rathmoll: Marketing in the service sector (Winthrop) Adrienne Payne : The Essence of services Marketing (Prentice Hall of India) . K. Dauglas Hoffiman and John E.G. Bateson : Essentials of services Marketing (Harcourt college Unit
Paper-I: Indian Financial System Objective To acquaint the students with practical aspects of Financial services. Practical: A Project file and presentation are to be prepared by the student on any one of the following topics: Comparing Non-Performing Assets (NPAs) of various banks and analyzing the losses incurred by the banks. Finding recent strategies adopted by banks to reduce (NPAs) Assignment regarding Mutual Fund schemes from various financial institutions. Analyzing them to find out the company and returns earned by the investors. Rank them according to their profitability.
. Paper-II: Marketing of Services Objective To acquaint the students with practical aspects of different sectors in service economic Practical: A Project file to be prepared by the student
SEMESTER VI
Management Accounting Code: FSG 611 Semester VI Objective-The objective of this course is to provide the students understanding of application of accounting for managerial purpose
Unit I
Particulars
Introduction: Meaning of Management Accounting, Functions of Management Accounting, Difference between cost accounting and management accounting Management of Working Capital: Concepts and Significance, Factors affecting working capital requirements, Ascertainment of working capital requirements using Operating Cycle Method, Net Current Assets or Forecasting Method, Projected Balance Sheet Method, Salient features of Tandon Committee and Chore Committee. Ratios relating to working capital. Case Study of working capital requirement for various industries. II Funds Flow Analysis :Introduction, Concept of Funds, Need of Funds Flow Statement, Construction of Funds Flow Statement III Cash Flow Analysis: Introduction, Concept of Cash, Use of Cash Flow Analysis, Construction of Cash Flow Statement IV Standard Costing and Variance Analysis: Meaning of standard cost and standard costing, advantage, limitations and applications, Variance Analysis-Material, Labour, Overhead and Sales Variance V Activity Based Costing: Concept, Nature or Characteristics, Elements, Process or Stages, Identification of Cost Drivers, Determination of Cost of each activity, Assigning or Tracing Activity Cost to Products, Distinction between Activity Based Costing System and Traditional System, Advantages and Limitations of Activity Based Costing System Essential Readings 1. Mangement Accounting-Agrawal, Agrawal(Ramesh Book Depot) 2. Management Accounting-Khan and Jain(Tata Mc Graw Hill) 3. Management Accounting-M.R Agarwal(Malik and Company) 4. Management Accounting: S. K Singh( Sun India Publications) Reference Books 1. Management Accounting-H.Chakraborty and S. Chakraborty(Oxfor University Press) 2. Management Accounting and Financial Analysis-Dr S.N Maheshwari(S.Chand& Sons) 3. Management Accounting- N. Vinayakkam& IB Sinha (Himalaya Publishing House) 4. Advance Management Accounting-R.S Kaplan& A.A Atkinson (Prentice Hall India New Delhi) Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless
No of Periods 09
09 09 09 09
Business Communication
Code: (FSG-612)
Objective Communication is the key to successful business. It leads one to negotiate effectively and strike the right deal for the organization. This course provides insight into the technical and structural aspect of communication in business.
Unit I II III IV
Contents
Business Communication concepts, models and process, principles, 7Cs of effective communication Forms and types of communication, barriers to communication Various types of Communication media: Face to face, modern audio-visual medias etc. Applied business communication: Interviews, Group discussion, Seminar, Presentation, Public speaking Business Letter writing: Format, layout, types Business Report writing, format, layout
Lectures 10 10 06 12
07
Essential Reading: 1. Pal, Rajendra, Korlahalli, J. S., Essentials of Business Communication, S.Chand, New Delhi 2. Kaul, Asha, Effective Business Communication, Prentice Hall of India, New Delhi
Reference books: 1. Dulek, Ronald E. and Fielder, John S., Principles of Business Communication, Macmilan Publishing Company, London. 2. Mathew, M. J., Business Communication, RBSA Publishers, Jaipur 3. Lesikar, Raymond Vincent, Business Communication: Theory and Application, Richard D. Irwin, Illinois, 1976.
Monetary Economics Code: FSG 613 Objective: The objective of this course is to acquaint the students with various theories of money Unit I Contents Money: Meaning, Types , Functions, Importance and Evils of Money. Money and a Near Money- comparison. Monetary Standard: Meaning and types, Importance of Monetary standard. Principle and Methods of Issuing Notes in India. Demand and supply of MoneyDemand of Money - Meaning, Motives for holding money (Transaction, Precautionary and Speculative motive.) Supply of Money- Narrow Money and Broad Money. Velocity and Value of Money. Theories of Money- Quantity, Cambridge and Keynesian. Monetary Policy- concept and instruments of Monetary policy. Lectures
08 II III
11
IV V
08 08
Essential Reading M.L.Seth, Monetary Economics- Educational Publishers, Agra T.N.Hajela, Monetary Economics.,Konark Publishers Pvt. Ltd, Delhi References M.L.Jhingan, Money, Banking and International Trade,Vrinda Publication, Delhi S.B.Gupta, Monetary Economics.,S.Chand & Co, New Delhi MIthani.D.M, Money,Banking,International Trade and Public Finance., Himalayan Publication, New Delhi
To explain the advanced concepts of Macroeconomics and various aspects of consumption, investment function, multiplier concept and business cycle.
Unit Contents I Consumption function Meaning, Attributes of Consumption functions, Significance of Marginal Propensity to Consume, Determination of consumption functions II Investment function Meaning of Investment, Marginal efficiency of capital, Marginal Efficiency of Capital and Investment demand curve, Marginal Efficiency of Capital and rate of interest, factors affecting marginal efficiency of capital. III Concept of Multiplier Working of Multiplier, Assumptions of Multiplier, Leakages of Multiplier, Significance and Limitation of Multiplier. IV Inflation Introduction, Meaning, Inflationary Gap, Demand- Pull and Cost Push Inflation, Effects and Control of Inflation. V Business Cycles Meaning and Nature, Phases of Business Cycle Recovery, Propriety, Recession, Depression Theory of Trade Cycle Schumpeter Theory and Keynesian Theory, Criticism Essential Reading Macro Economic analysis - Edward Shapiro, Galgotia Publication, Delhi Macro Economic theory - M.L. Seth, Laxmi Narayan Agarwal, Agra Macro economic Theory M.C. Vaish,Wishwa Prakashan, New Delhi Macro Economic Theory, H.L.Ahuja, S.Chand & Sons Publication, Delhi Dipsey R.G and Cheystal, Principles of economy, Oxford university Press Lectures
07
10
10 08
10
Content Project file which contains solution of practical problems from Annual Report of Company related to Ratio Analysis Cash Flow Analysis Comparative Income Statement & Common Size Balance Sheet
Business Studies Objective: This paper aims at helping the students learn the applied aspect of communication in business world. Through this paper an attempt has been made to help the students hone their negotiation, presentation, group discussion skills, which are integral part of day-today functioning of business enterprises. Practical contents: Development of model of communication process Case studies on Business communication Student seminar on topic related to business communication Group discussion on 5 topics related to corporate issues, strategies, events etc. Student presentation on barriers to communication Business letter writing (at least 2)
Financial Studies Paper-I Objective To acquaint the students with practical aspects of money. Practical:A Project file and presentation to be prepared by the student on any one of the following topics: Classical and Neo Classical Theory of Money. Recent reforms of Monetary Policy. Stability of Indian currency in international Market. Paper-II Objective To acquaint the students with practical aspects of Macro economic Analysis. Practical: A Project file and presentation to be prepared by the student on any one of the following topics: Trends of the Price level of Industrial commodities. Relevance of Keynes theory in present day economies.
Insurance Code :FSG 616 Objective: The objective of this course is to understand basic concept of insurance & risk management because Insurance plays important role in the socio-economic prosperity of the country. Unit I Contents Lectures
Insurance: Meaning, Definition, Characteristics, Functions, 09 Limitations.Insurance as Investment Opportunity. Difference between Insurance & Assurance. Types of Insurance- Life, General, Marine, fire Insurance. Risk: Meaning and definition of Risk, Classification of Risk, II 10 Perils, Hazards, Types of Hazards. Risk Management: Meaning, Features, Objective, Process Principles of Insurance: Principle of Utmost Good Faith, III 08 Principle of Insurable interest, Indemnity, Subrogation, Causa Proxima. Types of Insurance Contracts: Legal requirements of IV 09 Insurance contract. Distinction between General Law of Contract and Insurance Contract; Life and indemnity Contract. Double Insurance and Reinsurance. Insurance Product: Various products of Life InsuranceV 09 Annuity, endowment, Term plans, Process of issuing Insurance policy, Calculation of Premium, Actuarial Valuation. Essential Reading MJ Mathew,RiskManagement and Insurance,RBSA Publications,Jaipur. Neelam C.Gulati,Principles of Insurance Management", Excel books Reference: Karam Pal,B.S.Bodla,M.C.Garg,Insurance Management: Principles & Practices, Deep& Deep Publications Life Insurance,Vol.I,II
International Trade Code: FSG 617 Objective - To give exposure to the procedures and documents involved in International Trade (Export Import) activities Unit Contents Lectures I International Trade- Concepts, Characteristics, Advantages and 8 Disadvantages of International Trade. II Theories of International Trade- Absolute cost advantage and 8 comparative cost advantages and Heckscher-ohlin theory. II Instruments of Foreign Trade Policy- Trade Barriers8 Objectives, types (Tariff and Non-Tariff) Dumping - Kinds of dumping, its effect and Anti dumping measures. IV Regional Economic Blocks- Organization, structure and 8 Functions of SAARC, ASEAN and EU. V Indias Foreign Trade- Need, Volume, Composition and Recent 8 Trends. Books Recommended Essential Reading International Business: R. Chandaran, Jaico Publishing House, Delhi International Economics: M.C. Vaish, Sudama Singh (Oxford and IBH Publisher) International Finance and Foreign Trade: S.K. Mathur (Shivam Publication, Jaipur)
Paper-I: Insurance Objective To prepare a practical file as cases or project work given in the class. Paper-II: International Trade & Procedure Objective To acquaint the students with practical aspects of Banking services or business. Practical: A Project file and presentation to be prepared by the student on any one of the following topics: Report on ECGC; How claim scan be filed (Procedures) Filling of letters of credit. Gathering the International Trade related documents. Performa and Filling the documents.