Jawaharlal Nehru Technological University Hyderabad
Jawaharlal Nehru Technological University Hyderabad B.Tech II Business Economics and Financial Analysis Previous Question Paper (December - 2018 - R16)
Note: Part A is compulsory (25 Marks). Part B consists of 5 Units. Answer any one full question from each unit (10 Marks each).
Part A
Explain the following concepts in about five sentences each:
Business
Answer
A business is an organization or economic system that provides goods or services to consumers or other businesses for a profit. It involves commercial, industrial, or professional activities undertaken by individuals or entities. Businesses range from sole proprietorships and partnerships to large corporations, each with different structures and objectives. The primary goal is typically to generate revenue and maximize shareholder value, while also fulfilling market demands and contributing to the economy. Effective business operations require strategic planning, resource management, and adaptation to market dynamics.
National Income
Answer
National Income refers to the total monetary value of all final goods and services produced within a country during a specific period, usually a year. It is a key indicator of a nation's economic health and performance. It can be calculated using three main approaches: the income, expenditure, and product (or value-added) methods. National income figures help policymakers understand economic growth, income distribution, and the overall standard of living. It excludes intermediate goods to avoid double-counting and focuses on the value created by domestic factors of production.
Elasticity
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Supply function
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Cost
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Monopoly
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Nominal account
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Conservatism
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Liquidity
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Networking capital
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Part B
What are the various sources of capital for a company? Explain.
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Elucidate the significance of business economics.
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Describe the various stages of business cycle.
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Narrate the nature of business economics.
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Explain the Law of demand with assumptions.
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Enumerate the influencing factors of elasticity of demand.
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How do you apply the elasticity of demand in decisions making? Explain.
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Discuss the essential characteristics of demand forecasting.
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Narrate the various types of production function.
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How do you classify the costs? Explain.
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Explain the features of perfect competition.
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Narrate the stages of product life cycle.
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Outline the pros and cons of double entry system of accounting.
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What are rule of maintaining of books of accounts? Explain.
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Prepare Profit and Loss Account for the year ending 31.03.2014 from the following balances: Office rent: 3000, Printing expenses: 2200, Tax/Insurance: 1400, Discount received: 400, Advertisement: 3600, Salaries: 8000, Stationeries: 2400, Discount allowed: 600, Travelling expenses: 2600, Gross Profit: 25000.
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Explain how a ledger account can be maintained?
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Differentiate between the cash flow analysis and funds flow analysis.
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Describe the various types of profitability ratios.
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Elucidate the types of turnover ratios.
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Calculate i) Debt equity ratio ii) Liquidity ratio based on provided financial figures.
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