CWA/ICWA Foundation :: Economics and Business Fundamentals: June 2004

*C-3(EBF)* *Revised Syllabus*
Time Allowed : 3 Hours	Full Marks : 100
The figures in the margin on the right side indicate full marks.
Section I (50 Marks)
Answer Question No. 1 which is compulsory and any two from the rest.
Marks

Answer any four of the following:

(a)	Distinguish between simple and discriminating monopoly.
(b)	'Money wage differs from real wage'- explain.
(c)	Why do people want to hold cash?
(d)	The difference between 'market rate' and 'bank rate' is the profit margin of commercial bank- discuss briefly.
(e)	What do you understand by 'cheap money policy?

5x4=20

Distinguish between:

8+7=15

(a)
(b)

Gross Domestic Product and Gross National Product.
Fixed factors and Variable factors of production.

Discuss the Quantity Theory of Money.

What is capital formation? What are the processes involved in capital formation?

5+10=15

(a)
(b)
(c)

What are Special Drawing Rights (SDR)?
How are they created?
What purpose do they serve?

5+5+5=15

Section II (50 Marks)

Answer Question No. 6 which is compulsory and any two from the rest.

Answer any four of the following:

(a)	Distinguish between Certificate of incorporation and Certificate of commencement of business.
(b)	What is meant by the word 'agenda' with reference to company meetings?
(c)	What do you understand by 'blank transfer'?
(d)	What are the circumstances under which a person who is not a form is held liable as a partner?
(e)	What is a Special Resolution?

5x4=20

Distinguish between:

7+8=15

(a)
(b)

Minutes writing and Report writing.
Memorandum of Association and Articles of Association.

What is a Co-operative Organisation? State the important features of a Co-operative Organisation.

3+12=15

What is Annual General Meeting? What are the ordinary businesses that are transacted in the Annual General Meeting?

5+10=15

10.

(a)

What is meant by SWOT Analysis? Explain the term with reference to a business firm.

(b)

What are barriers to communication between a sender and the receiver? How will you ensure good communication in a business?

6+9=15

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