PART II - PAPER III - INDUSTRIAL ORGANISATION AND MANAGEMENT
(Revised Common Core Syllabus)
(Effective from the Admitted Batch of 1999-2000)
(Revised Syllabus From M - 2000 )
Apr / May 2002
Time : Three hours
Maximum : 100 marks
Instructions :
(1) Figures to the right indicate the marks allotted to the questions.
(2) Each answer to a question to be started on a fresh page.
(3) Answer ALL the questions continuosly one after the other in the same serial order, otherwise they
will not be valued.
SECTION I - ( 5 x 4 = 20 marks)
1. (a) Explain the terms Commerce and Trade.
Or
(b) Explain the objectives of a Business.
2. (a) What are the limitations of decentralization? Or
(b) How shares underwritten?
3. (a) What is concentration of Economic Power?
Or
(b) Explain the clauses of Memorandum of Association.
4. (a) What are the sources of Authority?
Or
(b) Explain the demerits of sole trading business.
5. (a) What are the objectives of organization? Or
(b) Explain the concepts of business and industry.
SECTION II - ( 5 x 12 = 60 marks )
Answer ALL questions not exceeding 60 lines each.
6. (a) What is the role of SEBI in regulating capital market?
Or
(b) Define planning. What is the importance of planning?
7. (a) What are the contents of prospectus?
Or
(b) What is the role of Municipal Corporation in the industrial development ?
8. (a) What are the problems of cooperative socities?
Or
(b) Define small scale industry. Explain the importance of small scale industries.
9. (a) What are the differences between Memorandum of Association and Articles of Association?
Or
(b) What are the theories of organisation?
10. (a) Write about different approaches to management.
Or
(b) Explain the concepts of Authority and Power.
SECTION III - (20 MARKS)
11. (a) Multiple choice questions : (5 x 1 =5)
Out of the following multiple choice questions the candidate has to indicate the correct answer :
(i) Father of Scientific Management is
(1) F.W. Taylor (2) Henri Fayol (3) Mayo (4) Donnel.
(ii) A factory is
(1) An industry
(2) A manufacturing unit
(3) Servicing unit
(4) A trading unit.
(iii) Responsibility can be
(1) Transferred
(2) Not transferred
(3) Divided
(4) Issued.
(iv) Planning is concerned with
(1) Setting of objectives
(2) Fixing authority
(3) Setting responsibility
(4) Pure delegation
(v) Articles of Association consists of
(1) Rules and Regulations
(2) Transfer of Shares
(3) Transfer of debentures
(4) None of the above
(b) True or False type questions : (5 x 1 = 5)
State whether the following statements are true or false :
(i) Public company is legal body.
(ii) Industrial Finance Corporation of India was established in the year July 1948.
(iii) In America industry is in private sector.
(iv) Controlling is one of the function of management.
(v) More capital is termed as over capitalization.
(c) Definition type questions : (5 x 1 = 5)
Define the following terms :
(i) Public company.
(ii) Localisation.
(iii) Staff organization.
(iv) Centralisation.
(v) Authority.
(d) One line answer questions : (5 x 1 =5)
Explain the following in one line.
(i) Globalization
(ii) Line organization.
(iii) Management
(iv) Prospectus
(v) Partnership.