This Paper has 47 answerable questions with 0 answered.
| Roll No……… | |
| Time allowed : 3 hours | Maximum marks : 100 |
| Total number of questions : 8 | Total number of printed pages : 4 |
| PART – A |
| (Answer Question No.1 which is compulsory and any two of the rest from this part.) |
| 1. | (a) | State, with reasons in brief, whether the following statements are true or false. Attempt any five : | ||||
| (i) | When the performance of a contract requires personal skills, specific performance of the contract is granted in the event of default. | (0) | ||||
| (ii) | The wife is considered to be an implied agent of husband for the purposes of buying household accessories on credit. | (0) | ||||
| (iii) | The relation between the partners is that of principal and agent. | (0) | ||||
| (iv) | A mistake regarding the identity of the person contracted, makes the contract voidable. | (0) | ||||
| (v) | A bill of exchange is treated as dishonoured due to non-acceptance where the drawee does not accept the bill within 24 hours of presentation of the bill. | (0) | ||||
| (vi) | A company and its shareholders are one and the same. | (0) | ||||
(2 marks each) | ||||||
| (b) | Re–write the following sentences after filling–in the blank spaces with appropriate word(s)/figure(s): | |||||
| (i) | The first annual general meeting must be held within ___________ from the date of incorporation of the company. | (0) | ||||
| (ii) | The unlawful detention of any property of a person to obtain his consent to a contract amounts to ___________. | (0) | ||||
| (iii) | Consideration need not be adequate but it must be of some ___________ in the eye of law. | (0) | ||||
| (iv) | A nominal partner contributes only his ___________ to the firm. | (0) | ||||
| (v) | The alteration of the date of the instrument is a ___________ alteration. | (0) | ||||
(1 mark each) | ||||||
| (c) | Ronie, a doctor, by exercise of undue influence persuaded Yana, his patient to sell a valuable gold watch to him for Rs. 500. Ronie obtained the possession of the watch and pledged it with Kapil. Is this a valid pledge ? Give reasons. | (0) | ||||
(5 marks) | ||||||
| 2. | Distinguish between any three of the following: | |||||
| (i) | ‘Condition’ and ‘warranty’. | (0) | ||||
| (ii) | ‘Public company’ and ‘private company’. | (0) | ||||
| (iii) | ‘Memorandum of association’ and ‘articles of association’. | (0) | ||||
| (iv) | ‘Bill of exchange’ and ‘promissory note’. | (0) | ||||
(5 marks each) | ||||||
| 3. | Attempt any three of the following : | |||||
| (i) | What are the consequences of non-registration of a partnership firm? | (0) | ||||
| (ii) | Write a note on ‘quasi contract’. | (0) | ||||
| (iii) | State whether a Company Secretary under the Companies Act, 1956 has necessarily to be a member of the Institute of Company Secretaries of India. | (0) | ||||
| (iv) | Explain the concept of caveat emptor. | (0) | ||||
(5 marks each) | ||||||
| 4. | Attempt any three of the following: | |||||
| (i) | A minor’s contract is void ab initio, yet he enjoys special status under the Indian Contract Act, 1872. Explain. | (0) | ||||
| (ii) | What are the different modes of delivery under the Sale of Goods Act, 1930? | (0) | ||||
| (iii) | Arun’s wife Bipasha paid Rs. 15,000 to Vipin to be given as bribe to a jailor for procuring the release of her husband from jail. The jailor failed to procure the release. Can Bipasha recover the amount ? Give reasons. | (0) | ||||
| (iv) | "No one can question the validity of a certificate of incorporation of a company once it is issued." Discuss the validity of this statement. | (0) | ||||
(5 marks each) | ||||||
| PART – B |
| (Answer Question No.5 which is compulsory and any two of the rest from this part.) |
| 5. | (a) | State, with reasons in brief, whether the following statements are true or false. Attempt any five: | ||||
| (i) | Management works as a disintegrating force. | (0) | ||||
| (ii) | Authority and responsibility need not be commensurate with each other. | (0) | ||||
| (iii) | Informal organisation refers to the relationship between the people in the organisation based on personal attitudes, emotions, likes and dislikes, etc | (0) | ||||
| (iv) | The concept of social responsibility of business is inconsistent with the profit objective. | (0) | ||||
| (v) | Manpower planning includes acquiring the most competent and qualified applicants to meet the management needs. | (0) | ||||
| (vi) | Control can work irrespective of any plan to set objectives and specific activities. | (0) | ||||
(2 marks each) | ||||||
| (b) | Re–write the following sentences after filling–in the blank spaces with appropriate word(s)/figure(s) : | |||||
| (i) | Forecasting may be defined as ___________ of the future conditions in relation to operations of the enterprise. | (0) | ||||
| (ii) | Decision making signifies actual selection of a course of action from among a number of ___________ | (0) | ||||
| (iii) | Personnel management is concerned with people at work and their ___________. | (0) | ||||
| (iv) | Promotion enhances ___________ of employees and improves the organisational effectiveness. | (0) | ||||
| (v) | A leader leads because of his ___________. | (0) | ||||
(1 mark each) | ||||||
| (c) | "Administration and management are not interlocked." Comment | (0) | ||||
(5 marks) | ||||||
| 6. | Distinguish between any three of the following: | |||||
| (i) | ‘Long range planning’ and ‘short range planning’ | (0) | ||||
| (ii) | ‘Policy’ and ‘procedure’. | (0) | ||||
| (iii) | ‘‘Project organisation’ and ‘matrix organisation’. | (0) | ||||
| (iv) | ‘Selection’ and recruitment’. | (0) | ||||
(5 marks each) | ||||||
| 7. | Attempt any three of the following : | |||||
| (i) | Define ‘span of management&rsquo. What are its determinants ? | (0) | ||||
| (ii) | What are the basic factors to be considered while creating departments ? | (0) | ||||
| (iii) | How is morale related to productivity? Also give factors determining morale. | (0) | ||||
| (iv) | What are the essential elements for successful budgeting in an organisation ? | (0) | ||||
(5 marks each) | ||||||
| 8. | (a) | Explain the principal barriers to communication and suggest measures for overcoming such barriers. | (0) | |||
(5 marks) | ||||||
| (b) | What considerations should be kept in mind by managers while implementing change at various levels in an organisation ? | (0) | ||||
(5 marks) | ||||||
| (c) | Enumerate the principles of direction. | (0) | ||||
(5 marks) | ||||||
