B.com Syllabus

B.Com. Part III 1

FACULTY OF ECONOMICS AND BUSINESS

SYLLABUSFor

B. Com. Parts I, II & III(Pass Course)

B.Com. (Hons.) Part II & III

Examination, 2010

GURU NANAK DEV UNIVERSITYAMRITSAR

Note : Copyrights are reserved.Nobody is allowed to print it in any form.Defaulters will be prosecuted.

Price : Rs. 100.00

2 B.Com. Part III

B.Com. Part III 3

BACHELOR OF COMMERCEDETAILED ORDINANCES RELATING TO

EXAMINATION FOR THIS CLASS ARE CONTAINEDIN GURU NANAK DEV UNIVERSITY CALENDAR

VOL. II

Admission to the First year class of B.Com Degree Courseshall be open to a person who has passed one of the followingexaminations conducted by a recognised Board/Council/ University.

+2 examination with at least 40% marks in the aggregate inany stream.

ORPart-I examination of B.Com. (Old System) of this University.

ORAny other examination recognised by this University as

equivalent to the examinations mentioned above.

PART-IIThe Part-II examination shall be open to a candidate who

has passed not less than one academic year previously, Part-I ofB.Com. Examination.

PART-IIIThe Part-III Examination shall be open to a candidate who

has passed not less than one academic year previously, Part-IIB.Com. Examination.

4 B.Com. Part III

COURSE OUTLINES FOR B.COM.(+3 SYSTEM OF EDUCATION 2010)

Subject Maximum NumberMarks of

Lectures(L) &

Tutorials (T)

Part-I L TI. English (Compulsory) 100 6 -

II. Punjabi (Compulsory) orPunjab History and Culture 100 6 -

III. Commercial and Labour Laws 100 6 2IV. Financial Accounting 100 6 2V. Functional Management 100 6 -

VI. Quantitative Techniques for Business 100 6 2VII. Computer Fundamentals 100 - -

Note : Candidate has to pass this paper in Part-I or Part-II.

Part-II

I. English (Compulsory) 100 6 -II. Punjabi (Compulsory) or

Punjab History and Culture 100 6 -III. Environmental Studies (Compulsory) 100 40 Hrs.IV. Company Law & Auditing 100 6 -V. Corporate Accounting 100 6 2

VI. Cost Accounting 100 6 2VII. Business Economics 100 6 -VIII. Viva-Voce 50

B. Com. (Part I, II, III)

B.Com. Part III 5

Part - IIII. English (Compulsory) 100 6 -

II. Punjabi (Compulsory) orPunjab History and Culture 100 6 -

III. Banking Theory & Practice 100 6 2IV. Income Tax Law & Practice 100 6 2V. Management Accounting and

Business Finance 100 6 2VI. Indian Economic Problems 100 6 -

VII. Any one of the following optionsOpt. I Materials Management 100 6 -Opt. II Sales & Retail Management 100 6 -Opt. III Operations Research 100 6 2Opt. IV Office Management and

Secretarial Practice 100 6 -Opt. V Foreign Exchange 100 6 -

ManagementOpt. VI Typing and Shorthand 100 6 -Opt. VII Indirect Tax Laws 100

VIII.Viva-Voce 50 - -

B.Com. (Part I, II, III)

6 B.Com. Part III

B.Com. (Hons.)(Two Years Course)

The students will have to select one of the following groupshaving two papers of which Paper-I shall be offered in B.Com.Part-II and Paper II shall be offered in B.Com. Part-III.

Each paper shall carry 100 marks.

Group-I: BankingPaper 1 : Banking and Indian Capital MarketPaper 2 : Foreign Exchange

Group-II: Trade and TransportPaper-1 : Export Import ManagementPaper-2 : Indian Transport System

Group-III: Co-operationPaper 1 : Principles of Co-operationPaper 2 : Co-operative Management and

Administration in India.

Group-IV: InsurancePaper 1 : Insurance Legislation in India.Paper 2 : Policy Conditions and Insurance Claims.

Total Marks: 200

B.Com. Part III 7

ENGLISH (COMPULSORY)Time : 3 Hours M.Marks : 100

Texts Prescribed:1. Tales of Life : (Guru Nanak Dev University, Amritsar).

The following tales are excluded :A. The Egg

B. In Another Country2. Prose for Young Learners : (Guru Nanak Dev University,

Amritsar).

The following chapters are excluded :A. He was A Man of the TreesB. Conservation of Wild Life

C. Women Empowerment3. Songs of Life—(Guru Nanak Dev University, Amritsar).

4. Murphy's English Grammar (Raymond Murphy), 3rd Edition,CUP, 2004, rept. 2005 (Units: 1-41, 49-52, 69-91)

Instructions for the paper setter/examiner

Note : The Question Paper will consist of three sectionsand the distribution of marks will be as follows:Section A : 20 MarksSection B : 48 MarksSection C : 32 Marks

Section-A : It will consist of ten (10) questions on usage of Grammarrelated to units 1-41, 49-52, 69-91 of Murphy's EnglishGrammar (Raymond Murphy), 3rd Edition, CUP, 2004, rept.2005. Each question will carry two (2) marks. All questionswill be compulsory.

8 B.Com. Part III

Section-B : It will consist of eleven (11) questions. Students willbe required to attempt eight (8) questions. Each question willcarry 6 marks. The total marks for this section will be 48.

Eight (08) questions (Q. I to VIII) will be set from the threeliterary texts (three from Tales, Three from Prose and twofrom Songs). The students will be required to attempt anyFive (5) choosing at least one question from each prescribedtext. The questions (Q. I to VIII) from literary texts will beanswered in about 15 lines each.

The next three (03) questions (IX-XI) will be set onvocabulary and composition as given below. All of thesequestions will be compulsory.

Question IX will be set on the vocabulary introduced in threeprescribed texts. The question should test meaning and usageof items glossed in the texts in the objective-type format.

Question X will be Translation of a short passage from Englishto Hindi/Punjabi.

OR

Paraphrase of a short poem (only for foreign students whodo not know Punjabi or Hindi).Question XI will be writing a Personal Letter (with internalchoice).

Section C : It will consist of four questions, each carrying eightmarks. Total marks for this section will be 32.

Question I-III will be set from the three literary texts, onefrom each. Each question will have internal choice and hasto be answered in not more than 300 words (app. two pages).

Question IV will be Comprehension of a passage (about 200words) selected from either the prescribed book of Proseor Tales. Four short quesions of 2 marks each shall be askedon the given passage.

B.Com. Part III 9

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slybs qy p`T pusqk~slybs qy p`T pusqk~slybs qy p`T pusqk~slybs qy p`T pusqk~slybs qy p`T pusqk~1. coxvyN pµj`bI inbMDcoxvyN pµj`bI inbMDcoxvyN pµj`bI inbMDcoxvyN pµj`bI inbMDcoxvyN pµj`bI inbMD (sMp`.) f`. joigMdr isMG puE`r, f`. prmjIq

isMG is@DU, pMj`bI wUnIvristI, pitE`l`|

ies pusqk ivcoN hyT ilKy iqMn inbMD ht` id@qy gey hn|

1) mn dI mOj - l`l isMG kml` Ek`lI

2) B`rq ivc kl` - ipMRsIpl s.s. Emol

3) d`s mlUk` wUM khy - sUb` isMG

2. myrI jIvn kh`xImyrI jIvn kh`xImyrI jIvn kh`xImyrI jIvn kh`xImyrI jIvn kh`xI (pRo. sìhb isMG), isMG bRdrz, EMimRqsr,julèI, 1977.

3. pYr H ` rcn`pYr H ` rcn`pYr H ` rcn`pYr H ` rcn`pYr H ` rcn`

4. pYrH` pVH ky pRSn~ dy au#qrpYrH` pVH ky pRSn~ dy au#qrpYrH` pVH ky pRSn~ dy au#qrpYrH` pVH ky pRSn~ dy au#qrpYrH` pVH ky pRSn~ dy au#qr

5. ivE`krx :ivE`krx :ivE`krx :ivE`krx :ivE`krx :

(a) pµj`bI DunI ivauNq : svr, ivEµjn, auc`rn Eµg, auc`rnsQ`n qy ivDIE~

(E) B`S` vMngIE~ : B`S` d` tks`lI rUp, B`S` Eqy aup-B`S`d` Eµqr, pµj`bI aup-B`S`v~ dy pC`x-icMnH

(e) Sbd-bxqr Eqy Sbd-rcn` : pirB`S`, m@uFly sMklp

(s) Sbd SyRxIE~

Eµk-vMf q y p ypr-sYtr~ leI hdìeq~Eµk-vMf q y p ypr-sYtr~ leI hdìeq~Eµk-vMf q y p ypr-sYtr~ leI hdìeq~Eµk-vMf q y p ypr-sYtr~ leI hdìeq~Eµk-vMf q y p ypr-sYtr~ leI hdìeq~

1. iksy inbMD d` s`r j~ aus d` ivS` vsqU (do ivcoN iek) 20 Eµk

2. myrI jIvn kh`xI: E`qm ibMb, m@uFly pRB`v, ividEk Eqy D`rimkv`q`vrx, qqk`lI ieiqh`s Eqy kl`qmk gux (do ivcoN iek)

20 Eµk

3. pYrH` rcn` : iqMn iviSE~ ivcoN iksy iek auqy pYrH` ilKx leI ikh`j`vy| 10 Eµk

4. pYrH` dy ky aus b`ry pµj pRSn~ dy au#qr 10 Eµk

5. nMbr 5 auqy id@qI ivE`krx dy E`D`r qy vrxn`qimk pRSn

20 Eµk

6. auprokq lVI nMbr 1 Eqy 2 dIE~ pusqk~ ivcoN sMKyp au#qr~ v`ly10 pRSn p@uCy j`xgy| hryk d` au#qr 50 Sbd~ qoN v@D n` hovy|

10x2=20 Eµk

10 B.Com. Part III

Paper-II : PUNJAB HISTORY AND CULTURE(From Earliest Times to 1000 A.D.)

(Special paper in lieu of Punjabi Compulsory)Time : 3 Hours. Max. Marks: 100

Total Teaching Periods: 75

Note: Instructions for the paper setters/examiners:Each question paper may consist of two sections viz Aand B as under:-

Section A :The examiner shall set 10 questions and the candidateswill attempt any 7 questions carrying 4 marks each. Answer toeach question shall be in 10 to 15 sentences. The total weightage ofthis section shall be 28 marks.

Section B : The examiner shall set 8 questions which cover theentire syllabus. The candidates shall attempt any 4 questions inatleast 5 pages each. Each question shall carry 18 marks. The totalweightage of this section will be 72 marks.

1. Physical features of the Punjab and their impact on history.2. Sources of the ancient history of Punjab.3. Harappan Civilization: Antiquity, extent, end, important places,

script, townplanning; Political, social, economic and religiouslife of the India Valley People.

4. The Indo-Aryans: Original home and Settlement in Punjab,Social, religious and Economic life during the Rig Vedic Age,Social, religious and Economic life during later Vedic Age.

5. Teaching and impact of Buddhism and Jainism in the Punjab.6. Alexandar’s invasion and its impact.7. Punjab under Chandragupta Maurya and Ashoka.8. The Kushans and their contribution to the Punjab.

B.Com. Part III 11

9. The Punjab, under the Gupta Emperors.10. The Punjab under theVardhana emperors.11. The Punjab from 7th Century to 1000 A.D. (A Survey of

Political and socio-cultural history of Punjab).12. Development of Art and Architecture of Punjab.

Suggested Readings:

1. L.M. Joshi (ed): History and Culture of the Punjab, (Art-I,Patiala, 1989 (3rd edition).

2. L.M. Joshi and Fauja Singh (ed): History of Punjab, Vol. I,Patiala, 1977.

3. Buddha Parkash, Gilmpses of Ancient Punjab, Patiala, 1983.4. B.N. Sharma: Life in Northern India, Delhi, 1966.

12 B.Com. Part III

PAPER-III : COMMERCIAL AND LABOUR LAWSTime : 3 Hours Max. Marks : 100Note: The question paper covering the entire course shall

be divided into three sections as follows:-Section A: This will have question No, 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.

PART-ILaw relating to offer & acceptance, Consideration, Competenceof parties, Free consent and discharge of contract.Agency, Indemnity, Guarantee, Bailmant and Pledge, Sales of GoodsAct, Consumer Protection Act, provisions, filing of complaints andredressal procedure.

PART-IIFactories Act, Payment of Wages Act, Industrial Disputes Act.Suggested Readings:

1. Avtar Singh : Mercantile Law2. N.D. Kapoor : Mercantile Law.

B.Com. Part III 13

PAPER-IV : FINANCIAL ACCOUNTINGTime : 3 Hours Max. Marks : 100Note:1. Atleast 50% of the questions to be set in Section B

& Section C should be numericals.2. The question paper covering the entire course shall

be divided into three sections as follows :-Section A: This will have question No.1 consisting of 12 very shortanswer questions from the entire syllabus with answer to eachquestion upto five lines in length. Students will attempt 10 questions.Each question will carry two marks; the total weightage being20 marks.Section B: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionnumbering 2,3,4 and 5 will be set by the examiner from Part -I ofthe syllabus. The candidates will be required to attempt twoquestions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionnumbering 6,7,8 and 9 will be set by the examiner from Part -II ofthe syllabus. The candidates will be required to attempt two questions.Each question will carry 20 marks; the total weightage of this sectionshall be 40 marks.

PART-IAccounting—Meaning and Importance, Concepts and

Conventions, Double Entry System, Preparation of Journal.Ledger, Trail Balance, Errors and their Rectification.

Preparation of Final Accounts of a Sole trader and partnership Firms.Accounts relating to Partnership (Admission, Retirement and

Death of a partner). Dissolution of Partnership, including in solvency.Gradual realization of Assets and piece meal Distribution of

Assets. Subsidiary books including cash Book.

14 B.Com. Part III

PART-IIVoyage Accounts, Branch and departmental accounts

(including foreign branches).Investment accounts, insurance claims with respect to loss

of stock and loss of profit. Accounts of Under writers,. Introductionto computerized according with special references to TALLY.Suggested Readings:

1. M.C. Shukla and T.S. Grewal—Advanced Accounts.2. G. Francis Xavier—Fundamentals of Advanced Accounting.3. S.N. Maheshwari—Financial Accounting.4. Financial Accounting by G.K. Jain and Sanjeev Sharma

(2008), Modern Publishers, Jalandher.5. Advance Accounting, by S.P. Jain and K.L. Narang, 2008,

Kalyani Publishers, Ludhiana.

B.Com. Part III 15

PAPER-V : FUNCTIONAL MANAGEMENTTime : 3 Hours Max. Marks : 100Note: The question paper covering the entire course shallbe divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.

PART - IManagement : Definition, purpose and significance

Management Art or Science or Both functions ofManagement Introduction to planning organising, Types, Delegationand decentralisation, Direction; Communication, Motivation, TheoryX and Y. Maslow need hierarchy, controlling; nature and process.Contributions to Management: Thought with special Referenceto Taylor, Fayol, Elton Mayo.Finance: Meaning and Importance, Sources of Finance.

PART-IIPersonnel Management, Meaning and Significance,

16 B.Com. Part III

Management and Operative Functions—Recruitment Selection andtraining. Absenteism, Job Evaluation and Merit Rating, TradeUnionism, Worker’s participation in Management.

Marketing Management: Concept of Marketing, Functionsof Marketing, Research, Meaning and techniques, Advertising andSalemanship.Strategic Management; Meaning, Need, Importance,Process and Role of C.E.O. (Chief Executive Officer) in StrategicManagement, Production : Functions, Production Planning andControl Quality control.Suggested Readings:

1. Y.K. Bhushan : Business Organisation andManagement.

2. Koontzo’ Donnel : Principles of Management.3. L.M. Prasad : Principle and Practice of

Management.4. E.S. Buffa : Modern Production Management.5. Philip Kotler : Marketing Management—

Analysis, Planning and control.6. I.M. Pandey : Financial Management.

B.Com. Part III 17

PAPER VIQUANTITATIVE TECHNIQUES FOR BUSINESS

Time : 3 Hours Max. Marks : 100

Note: 1. Atleast 50% of the questions to be set in SectionB and Section C should be numerical.

2. The question paper covering the entire course shallbe divided into three sections as follows:-

Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.

PART - IMatrices: types; determinants, rank and inverse of matrix.Definition, scope, functions and limitations of statistics,

measures of central tendency. Index Numbers-purpose, constructionand problems fixed and base methods.

Time series analysis Trend, cycles, seasonal and irregularcomponents Isolation of trend free hand curve methods, moving

18 B.Com. Part III

average methods, semi-average methods and least square methods(fitting straight lines only).

PART - IICorrelation Analysis Simple correlation between two

variables (grouped and ungrouped data). Rank correlation,Concurrent correlation, simple Regression Analysis.

Interpolation and Extrapolation with equal and unequal classintervals Binomial, Newton’s and Languages formulae.

Probability Theory, Addition and Multiplication Theorms.Probability Distribution : Binomial Poisson and Normal.Theory of attribution and consistancy of data sampling techniques.Suggested Readings

1. S.P. Gupta Statistical Methods.2. D.N. Elahance Fundamentals of Statistics.3. Taro Yamane Mathematics for Economists4. S.C. Gupta and Fundamentals of Applied Statistics

V.K. Kapoor5. R.P. Hooda Statistics for Business & Economics

(MacMillan)

B.Com. Part III 19

PAPER-VII : COMPUTER FUNDAMENTALSTime : 3 Hrs. Max. Marks : 100

Theory : 50Practical : 50

Note: The question paper covering the entire course shallbe divided into three sections as follows:-

Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry one mark; the total weightagebeing 10 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry10 marks; the total weightage of this section shall be 20 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 10 marks; the total weightageof this section shall be 20 marks.

PART - IComputer System Characteristics, Input, Output & Storage

devices, Software-System & Application, Types of Processing Batch& Online.

Role of an operating system, Booting procedure & its types,Fundamentals of Dos and Windows based operating systems,purpose of batch and system files, Internal & External Commandsof Dos, Anatomy of Windows, Icons on the Desktop, Creating groupsand icons, Window explorer, control panel.

20 B.Com. Part III

Exposure to the operational knowledge of office managementactivities word processing using MS-Word, file handling, Editing,Formatting, Spell checking, Mail Merge and table handling featuresof MS-Word.

PART - IISpreadsheet-MS-Excel - Entering data and selecting cells,

Editing worksheet data, Formatting worksheet, Creating formulasand charts. Database handling using MS- Access - creating adatabase, creating, Importing and linking tables, Designing queries,forms and reports.

Presentation tool - MS-Powerpoint - Creating and savingpresentation, Templates and views, Formating text, slides withgraphs.

Internet and its applications, Working knowledge of Searchengines and use of electronic mail.References:Computer Fundamentals P.K. SinhaComputers Today Suresh, K. Basandra, Galgotia,

1998.A Book on Windows based Gurvinder Singh and RachpalComputer Course Singh, Kalyani Publishers, 2000.How to Solve it by Computer Droomay, G. Prentice Hall, 1985.

B.Com. Part III 21

ENGLISH (COMPULSORY)Time : 3 Hours Max. Marks : 100A. Texts Prescribed

1. A Handful of Rice by Kamal Markandaya2. Glimpses of Theatre : An Anthology of Nine Plays (GND

University).The following plays are excluded :A. Day of AtonementB. The Brute

3. Moments in Time A collection of Poems, Guru Nanak DevUniversity, Amritsar.

The following peoms are excluded :A. Ulysses by Alfred Lord TennysonB. The Emperor of Ice-Cream by Wallace StevensC. The Unknown Citizen by Wystan Hugh Auden

4. Murphy's English Grammar (Raymond Murphy), 3rd Edition,CUP, 2004, rept. 2005 (Unit: 42-48, 53-68, 98-112).

Instructions for the paper setter/examinerNote : The question paper will consist of three sections

and the distribution of marks will be as follows :Section A : 20 MarksSection B : 48 MarksSection C : 32 Marks

Section A : It will consist of (ten)10 questions on usage of Grammarrelated to units (42-48, 53-68, 98-112) of Murphy's EnglishGrammar (Raymond Murphy), 3rd Edition, CUP, 2004, rept.2005. Each question will carry two (2) marks. All questionswill be compulsory.

Section B : It will consist of eleven (11) questions. Students willbe required to attempt eight (08) questions. Each question willcarry 6 marks. The total marks for this section will be 48.

22 B.Com. Part III

Eight questions (Q. 1 to VIII) will be set from the threeliterary texts (three from Plays and two from Poems). Thequestions on literary texts will include two reference to thecontext questions on poems and plays. The students will berequired to attempt any five (5), choosing at least one questionfrom each prescribed text. The questions from literary textswill be answered in about 15 lines each.The next three (03) questions (IX-XI) will be set on

vocabulary and composition as given below. All of these questionswill be compulsory.

Question IX will be set on the vocabulary introduced in threeprescribed texts. The question should test meaning and usage ofitems glossed in the texts in the objective-type format.

Question X will be Translation of a short passage from Englishto Hindi/Punjabi.

ORParaphrase of a short poem (only for foreign students who

do not know Punjabi or Hindi).Question XI will be Comprehension of an unseen prose

passage. Three short questions of 2 marks each shall be asked onthe given passage.Section-C : It will consist of four questions, each carrying eight

marks. Total marks for this section will be 32.Questions I-III will be set from the three literary texts, one

from each. Each question will have internal choice and has to beanswered in not more than 300 words (two to three pages). Thestudents will be required to attempt all the three questions.

Question IV will be of Writing a Paragraph of about 250words on a given topic (with internal choice).

B.Com. Part III 23

pµj`bI (l`zmI)pµj`bI (l`zmI)pµj`bI (l`zmI)pµj`bI (l`zmI)pµj`bI (l`zmI)

sm~ : 3 GMty kul Eµk : 100

1. kìv kIrqI kìv kIrqI kìv kIrqI kìv kIrqI kìv kIrqI - hirBjn isMG

gurU n`nk dyv wUnIvristI, EµimRqsr, 2008.

2. E`Duink iek~gIE`Duink iek~gIE`Duink iek~gIE`Duink iek~gIE`Duink iek~gI

(sMp`. rOSn l`l E`hUj` Eqy mnjIqp`l kOr), gurU n`nk dyv

wUnIvristI, EµimRqsr, 2007.

3. sMKyp rcn` (pRYsI)

4. d&qrI ic@TI-p@qr

5. ivE`krx ivE`krx ivE`krx ivE`krx ivE`krx :

(a) mUl ivE`krx iek~gIE~ dI pC`x Eqy sQ`pqI

(E) v`k bxqr Eqy v`k rcn`

(e) aupv`k bxqr : pC`x Eqy k`rj

(s) Sbd joV~ dy inwm

(h) gurmu@KI il@pI dIE~ ivSySq`v~

Eµk-vMf qy pypr-sYtr~ leI hdìeq~Eµk-vMf qy pypr-sYtr~ leI hdìeq~Eµk-vMf qy pypr-sYtr~ leI hdìeq~Eµk-vMf qy pypr-sYtr~ leI hdìeq~Eµk-vMf qy pypr-sYtr~ leI hdìeq~

1. iksy iek kivq` d` ivSy vsqU/s`r (do ivcoN iek) 20 Eµk

2. iksy iek iek~gI d` ivSy vsqU/s`r (do ivcoN iek) j~ c`r ivcoN do

p`qr~ dI p`qr-aus`rI 20 Eµk

3. sMKyp rcn` (pRYsI) 10 Eµk

4. d&qrI ic@TI-p@qr (do ivcoN iek) 10 Eµk

5. nMbr 5 auqy inrD`rq ivE`krx ivcoN vrxn`qimk pRSn 20 Eµk

6. auprokq lVI nMbr 1 Eqy 2 dIE~ pusqk~ ivcoN sMKyp au#qr~ v`ly

10 pRSn pu@Cy j`xgy| hryk d` au#qr 50 Sbd~ qoN v@D n` hovy|

10x2=20 Eµk

24 B.Com. Part III

PUNJAB HISTORY AND CULTURE(1000 to 1849 A.D.)

(Special Paper in lieu of Punjabi) (Compulsory)(Common for B.A./B.Sc. Part II)

Time : 3 Hours Max. Marks : 100Total Teaching Periods : 75

Note : Each question paper shall consist of two section viz.A and B as under :-Section A : The examiner shall set 10 questions and the candidates

will attempt any 7 questions carrying 4 marks each. Answerto each question shall be in 10 to 15 sentences. The totalweightage of this section shall be 28 marks.

Section B : The examiner shall set 8 questions which will coverthe entire syllabus. The candidates shall attempt any 4questions in atleast 5 pages each. Each question shall carry18 marks. The total weightage of this section will be 72 marks.

1. The Punjab under Turko-Afghan Sultan.2. The Punjab under the Great Mughals.3. Salient features of the Bhakti Movement and Sufism in the

Punjab.4. Guru Nanak Dev's Teachings and Impact-on Society.5. Development of Sikhism (1539-1606)—with special

reference to Sangat, Masand System, Compilation of AdiGranth and Martyrdom of Guru Arjan Dev.

6. Martyrdom of Guru Teg Bahadur : Foundation of Khalsa byGuru Gobind Singh.

7. Banda Bahadur and his achievements.8. Sikh struggle for sovereignty in the Punjab, 1716 to 1799.9. Ranjit Singh's Wise to power, his Civil and Military

Administrations and Relations with the British.

B.Com. Part III 25

10. The Anglo-Sikh Wars and Annexation of the Punjab.11. Development of Punjabi Language and Literature classical

writings and famous legends of the Punjab.12. Social life with special reference to position of women, fairs,

festivals, folk music, dances and games in the Punjab.

Suggested Readings:1. Kirpal Singh (ed.) History and Culture of the Punjab, Part-II,

Patiala, 1990 (3rd edition).2. Fauja Singh (ed.) History of the Punjab, Vol. III, Patiala,

1972.3. G. S. Chhabra: The Advanced History of the Punjab, Vol. 1.4. J.S. Grewal: The Sikhs of the Punjab, The New Cambridge

History of India, Cambridge, 1991.

26 B.Com. Part III

ENVIRONMENTAL STUDIES(Compulsory)

Theory Lectures : 50 HoursTime of Theory Examination Max. Marks : 100Regular students : 2½ Hours Regular students : 75+25Private students : 3 Hours Private students : 100

Instructions for paper setters : The question paper willconsist of two sections for regular students and three sections forprivate students.

Uint-I(Compulsory for all students)

Section A (30 Marks)It will consist of ten short answer type questions. Candidates

will be required to attempt six question carrying five marks. Answerto any of the questions should not exceed two pages.Section B (45 Marks)

It will consist of six essay type questions. Candidates will berequired to attempt three questions, each carrying fifteen marks.Answer to any of the questions should not exceed four pages.

1. The multidisciplinary nature of environmental studies:Definition, scope and importance, Need for public awareness.

2. Natural resources : Natural resources and associatedproblems.

a) Forest resources: Use of over exploitation, deforestation, casestudies. Timber extraction, mining, dams and their effects onforests and tribal people.

b) Water resources: Use and over utilization of surface andground water, floods, drought, conflicts over water, dams-benefits and problems.

c) Mineral resources: Use and exploitation, environmentaleffects of extracting and using mineral resources. Casestudies.

d) Food resources: World food problems, change caused byagriculture and overgrazing, effects of modern agriculture,

B.Com. Part III 27

fertilizer-pesticide problems, water logging, salinity, Casestudies.

e) Energy resources: Growing energy needs, renewable andnon-renewable energy sources, use of alternate energysources. Case studies.

f) Land resources: Land as a resources, land degradation, maninduced landslides, soil erosion and desertification.

g) Role of an individual in conservation of natural resources,equitable use of resources for sustainable lifestyles.

3. EcosystemsConcept of an ecosystem, Structure and function of an

ecosystem, Producers, consumers and decomposers, Energy flowin the ecosystem, Ecological succession, food chains, food websand ecological pyramids.

Introduction, types, characteristic features, structure andfunction of the following ecosystems:

a) Forest ecosystemb) Grassland ecosystemc) Desert ecosystemd) Aquatic ecosystems (ponds, streams, lakes, rivers,

oceans, estuaries)

4. Biodiversity and its conservationDefinition : Genetic, species and ecosystem diversity,

Biogeographical classification of India.Value of biodiversity : Consumptive use, productive use,

social ethical, aesthetic and option values.Biodiversity at global, National and local levels, India as mega-

diversity nation, Hot-spots of biodiversity.Threats to biodiversity : Habitat loss, poaching of wildlife,

man wildlife conflicts Endangered and endemic species of India.Conservation of biodiversity : In situ and Ex-situ

conservation of biodiversity

28 B.Com. Part III

5. Environmental pollutionDefinition, Causes, effects and control measures of :a) Air Pollutionb) Water Pollutionc) Soil Pollutiond) Marine Pollutione) Noise Pollutionf) Thermal Pollutiong) Nuclear PollutionSolid Waste Management : Causes effects and control

measures of urban and industrial wastes.Role of an individual in prevention of pollution.Pollution case studies.Disaster Management: Floods, Earthquake, Cyclone and

Landslides.6. Social issues and environment

* From unsustainable to sustainable development.* Urban problems related to energy.* Water conservation, rain water harvesting, watershed

management.* Resettlement and rehabilitation of people; its problems

and concerns. Case studies.* Environmental ethics: Issues and possible solutions.* Climate change, global warming, acid rain, ozone layer

depletion, nuclear accidents and holocause. Case studies.* Waterland reclamation.* Consumerism and waste products* Environmental Protection Act.* Air (Prevention and Control of Pollution) Act.* Water (Prevention and Control of Pollution) Act.* Wildlife Protection Act.* Forest Conservation Act.

B.Com. Part III 29

* Issues involved in enforcement of environmentallegislation.

* Public Awareness.7. Human population and the environment

* Population growth, variation among nations.* Population explosion—Family welfare programme.* Environment and human health.* Human rights.* Value education* HIV/AIDS* Women and child welfare* Role of information technology in environment and human

health* Case studies

Unit-II(Compulsory for Private Candidates only)

Section C (25 Marks)It will consist of two questions. Candidate will be required to

attempt one question only. Answer to the question should not exceed5 pages. In this section the students will be required to write on thestatus of environment of an area/ecosystem/village/ industry/disaster/ mine/ dam/ agriculture field/ waste management/ hospitaletc with its salient features, limitations, their implications andsuggestions for improvement.

Environmental Studies (Field Study)(Practical for Regular Students Only)

Max. Marks : 25The candidate will be required to undertake field study trips

to study animals and plants in their natural habitats, status of pollutionin the area and to undertake tree plantation drives. The candidateswill be required to submit the field study report of about 10 pageslisting their observation of the habitats studied and their contributionsfor conservation of habitats. The reports will be evaluated by theexaminer appointed by the Principal of the concerned college.

30 B.Com. Part III

PAPER-IVCOMPANY LAW AND AUDITING



Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.

Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.

Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.

PART-ICompany—Meaning, Features, Types, Promotion and

Registration. Preliminary contracts, Memorandum of Association,Articles of Association.

Prospectus, Shares and Share Capital, Directors AppointmentPowers, duties, position & removal, Borrowing powers and Publicdeposits debentures. Members: Meeting (including Board Meeting).

B.Com. Part III 31

PART-IIDefinition and objective of Auditing, Classes of Audit, Internal

check and Internal Audit. Distinction between Audit andinvestigation. Company Auditors; Appointment, Removal, Rights,Duties, and Liabilities. Auditor’s Report. Cost Audit-Introduction.

Suggested Readings :1. Avtar Singh Company Law2. N.D. Kapoor Company Law3. Kamal Gupta Contemporary Auditing4. B.N. Tandon Practical Auditing

32 B.Com. Part III

PAPER-VCORPORATE ACCOUNTING

Time : 3 Hrs. Max. Marks : 100

Note :1. Atleast 50% of the questions to be set in Section B& Section C should be numericals.

2. The question paper covering the entire course shallbe divided into three sections as follows :-

Section A : This will have question No.1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B : This will consist of essay type/numerical questionswith answer to each question upto five pages in length. Four questionnumbering 2,3,4 and 5 will be set by the examiner from Part -I ofthe syllabus. The candidates will be required to attempt two questions.Each question will carry 20 marks; the total weightage of this sectionshall be 40 marks.Section C : This will consist of essay type/numerical questionswith answer to each question upto five pages in length. Four questionnumbering 6,7,8 and 9 will be set by the examiner from Part -II ofthe syllabus. The candidates will be required to attempt two questions.Each question will carry 20 marks; the total weightage of this sectionshall be 40 marks.

PART-ICompany Accounts regarding, Issue of Share Capital and

Debentures, Issue of Bonus and Right Shares. Underwriting ofshares and Debentures. Redemption of Preference Shares andDebentures.

B.Com. Part III 33

Amalgamation, as per As -14 and internal reconstruction ofCompany form of organisation.

Preparing Final Accounts of companies including managerialremuneration, Legal provisions governing, preparation of P & LA/c. P & L. Appropriation AC and Balance-sheet.

PART-IILiquidation Accounts. Valuation of Shares and Valuation of goodwill.Recent trends in published accounts: highlight at a glance. AS-1.Disclosure of Accounting Policies, Charts, Graphs, Diagrams.Schedules. Social Accounting and Human Resource Accountingbasic concepts.Accounts of Banking Companies. Insurance Companies.

Suggested Readings:1. M.C. Shukla and Advanced Accounts

T.C. Grewal2. R.L. Gupta Higher Accounts.3. Sanjiv Sharma and Kawaldeep Corporate Accounting

Kaur Sharma, Publications.4. G.K. Jain and Sanjeev Sharma Corporate Accounting

(2008), Modern Publishers,Jalandher.

5. S.P. Jain and K.L. Narang Corporate Accounting2008, Kalayani Publishers,Ludhiana.

34 B.Com. Part III

PAPER-VI : COST ACCOUNTINGTime : 3 hours Max. Marks : 100Note:1. Atleast 50% of the questions to be set in Section B

& Section C should be numericals. 2. The question paper covering the entire course shall

be divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.

PART-IMeaning, Nature, Scope and Advantages of Cost Accounting

Distinct between Cost Financial Accounting. Elements of CostMaterials: Purchase and Storage, control and pricing the Materialsissues.

Labour: Meaning, Components of Labour Cost. Methods ofwage payment and Incentives Plans.

Meaning, Causes, Effects, Accounting and Control of Idletime and overtime Costs.

B.Com. Part III 35

Overheads: Classification, Collections, Allocation.Departmentalisation and absorption preparation of cost sheet.Reconsiliation of Cost and financial Accounts

PART-IIMethods for Cost determination Job, Batch, Contract,

Process.Tools for Cost Control: Marginal costing, Cost Value Profit

Analysis and decision making. Budgeting and Budgetry controlconcept, Objectives Limitations. Types of Budget, Standard, CostingAnalysis of variance.

Suggested Readings:1. H.J.Wheloon Cost Accounting and

Costing Methods2. B.M. Lall Nigam & Sharma Cost Acccounting3. Jawahar Lal Cost Accounting4. N.K. Prasad Cost Accounting—

Principles and Practice.5. Jain & Narang Cost Accounting

36 B.Com. Part III

PAPER-VII : BUSINESS ECONOMICSTime : 3 Hours Max. Marks : 100


Section A : This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.

Section B : This will consist of essay type/numerical questionswith answer to each question upto five pages in length. Four questionsnumbering 2,3,4 and 5 will be set by the examiner from Part-I ofthe syllabus. The candidates will be required to attempt two questionEach question will carry 20 marks. The total weightage of this sectionshall be 40 marks.

Section C : This will consist of essay type/numerical questionswith answer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt two questions.Each question will carry 20 marks. The total weightage of this sectionshall be 40 marks.

PART-IConsumer behaviour : Utility approach-brief outline of

Law of diminshing marginal utility and law of equal-marginal utility.Indifference curve approach : Consumer equilibrium, income,price and substitution effect. Law of demand, derivation of demandcurve based on utility analysis and indifference curve analysis. Priceelasticity of demand and its measurements.

Concept of production function, Breakeven analysis, profit

B.Com. Part III 37

forcasting in short run, law of variable proportion concept of costand revenue, short run long run cost curve, concept of total averageand marginal, revenue, relationship between average revenuemarginal revenue and elasticity of demand price. Determinationunder perfect competition monopoly and monopolistic competition,price discrimination.

PART-IIDistribution : Rent Recardian Theory & Modern theory.

Profit-Dynamic theory, Risk theory & Uncertainty theory. Interest-Classical, Neo- classical and Keynesian theories. Wages MarginalProductivity theory and modern theory.

Introduction to macro economics and its importance, NationalIncome: Methods and problems of measurement, particularly inunder developed countries. Classical theory of employment andSay’s Law of Market. Keynesian Economics-Effective demandsconsumption Function ; Investment Function and marginal efficiencyof capital.

Suggested Readings :1. D.M. Mithani A Course in Business Economics.2. Verma Managerial Economics.3. Dean Joel Managerial Economics.4. H.L. Ahuja Advanced Economics Theory.

38 B.Com. Part III

ENGLISH (COMPULSORY)Time : 3 Hours Max. Marks:100Texts Prescribed:

1. Justice, Galsworthy2. Poems of Nature and Culture, G.N.D. University, Amritsar.

The following poems are excluded:A. La Figlia Che PiangeB. PianoC. Honeymoon FlightD. MirrorE. Funeral Blues1. The Solitary Reaper by William Wordsworth2. The Ocean by Gordon Lord Byron3. Stanzas Written in Dejection Near Naples by P.B.

Shelley4. La Belle, Dame Sans Merci by John Keats5. Meeting at Night by Robert Browning6. Neutral Tones by Thomas Hardy7. Words by W.B. Yeats8. Piano by D.H. Lawrence9. La Figlia Che Piange by T.S. Eliot

10. Funeral Blues by W.H. Auden11. The Express by Stephen Spender12. Do not Go Gentle into That Good Night by Dylan

Thomas13. The Thought-Fox by Ted Hughes14. Night of Scorpion by Nissim Ezekiel3. Texts and their Worlds I edited by A. Kurian

(Foundation Books) Ist Edition (2005).Note : The following essays and short fiction are prescribed

for study : Title Pages

A) Roots 55-67B) Birthday 68-82

B.Com. Part III 39

C) Introduction from Women Writing in India 85-104600 BC to the Present

D) The Politics of Failure 105-109E) The Ladies have feelings, so...shall we 199-219

leave it to the express?F) Discussion on, R.K. Narayan 116-118

4. Murphy's English Grammar (Raymond Murphy), 3rdEdition, CUP, 2004, rept. 2005 (Units: 92-97, 113-145).

Instructions for the paper setter/examinerNote : The Question Paper will consist of three sections and the

distribution of marks will be as follows:Section A : 20 MarksSection B : 48 MarksSection C : 32 Marks

Section A : It will consist of ten (10) questions on usage of Grammarrelated to units 92-97,113-145 of Murphy's EnglishGrammar (Raymond Murphy), 3rd Edition, CUP, 2004, rept.2005. Each question will carry two (2) marks. All questionswill be compulsory.

Section B: It will consist of eleven (11) questions. Students will berequired to attempt eight(8) questions. Each question will carrysix(6) marks. The total marks for this section will be 48.Eight (8) questions (Q. 1 to VIII) will be set from the threeliterary terms (Three from the prescribed Play, three fromthe prescribed Poems and two from the prescribed book,Texts and their Worlds I). The questions on literary textswill include two reference-to-context questions on the Playand the Poems. The students will be required to attempt anyfive (5), choosing at least one (1) question from eachprescribed text. The questions (Q. I to VIII) from literarytexts will be answered in about 15 lines each.The questions (IX-XI) set on vocabulary and compositionwill be compulsory.Question IX will be set on the vocabulary introduced in Textsand their Worlds I. The question should test meaning and

40 B.Com. Part III

usage of items glossed in the texts in the objective-typeformat.Question X will be precis making.Question XI will be Comprehension of an unseen prosepassage. Three short-answer questions of 2 marks each shallbe set on the given passage.

Section C: It will consist of 4 questions each carrying 8 marks.Total marks for this section will be 32.Questions I and II will be set from the prescribed Play andTexts and their Worlds I respectively. Each question willhave internal choice and has to be answered in not morethan 300 words.Question III will be essay-writing. The examiner will give 4topics relating to current affairs and the students will be requiredto write an essay of about 300 words on any one of them.Question IV will relate to business writing like resume writing,business letters, report writing etc. The examiner may offerinternal choice between different writing tasks.

B.Com. Part III 41

pµj`bI (l`zmI)pµj`bI (l`zmI)pµj`bI (l`zmI)pµj`bI (l`zmI)pµj`bI (l`zmI)

sm~ : 3 Gµty kul Eµk : 100

slybs Eqy p`T pusqk~slybs Eqy p`T pusqk~slybs Eqy p`T pusqk~slybs Eqy p`T pusqk~slybs Eqy p`T pusqk~

1. j@g bIqI h@f bIqIj@g bIqI h@f bIqIj@g bIqI h@f bIqIj@g bIqI h@f bIqIj@g bIqI h@f bIqI (kQ` sMgRih)

(sMp`., f`. juigMdr isMG r`hI), gurU n`nk dyv wUnIvristI, EMimRqsr,

2008.

2. igE`n m`lìgE`n m`lìgE`n m`lìgE`n m`lìgE`n m`l` (ivigE`nk qy sm`j-ivigE`nk lyK~ d` sMgRih)

(sMp`. f`. siqMdr isMG, pRo. mihMdr isMG bnvYq), gurU n`nk dyv

wUnIvristI, EµimRqsr, 2007.

ies pusqk ivco N hyT ilKy inbMD inrDìrq hn :ies pusqk ivco N hyT ilKy inbMD inrDìrq hn :ies pusqk ivco N hyT ilKy inbMD inrDìrq hn :ies pusqk ivco N hyT ilKy inbMD inrDìrq hn :ies pusqk ivco N hyT ilKy inbMD inrDìrq hn :

1. phIE` pRdUSx (Bjn isMG l`rk)

2. BrUx h@iqE` dy dyS ivc (dlIp kOr itv`x ,̀ prmjIq isMG is@DU)

3. n`rI SkqI (blivMdr kOr EroV`)

4. v`q`vrxI pRdUSx Eqy mnu@K (fI.pI. isMG)

5. eyfz : iek gMBIr sMkt (sRImqI kYl`SpurI)

3. lyK rcn` lyK rcn` lyK rcn` lyK rcn` lyK rcn` (ividEk Eqy siBE`c`rk iviSE~ b`ry 500 Sbd~ dI)

4. srl EµgryzI pYryH d` pµj`bI ivc Enuv`d

5. ivE`krx ivE`krx ivE`krx ivE`krx ivE`krx : (a) nàu v`kMS : pirB`S`, bxqr qy pRk`r

(E) ikirE` v`kMS: pirB`S`, bxqr qy pRk`r (e) v`k`qmk

jugq~ : myl qy EiDk`r (s) k`rk Eqy k`rkI sMbMD|

Eµk-vMf Eqy pypr-sYtr~ leI hdìeq~Eµk-vMf Eqy pypr-sYtr~ leI hdìeq~Eµk-vMf Eqy pypr-sYtr~ leI hdìeq~Eµk-vMf Eqy pypr-sYtr~ leI hdìeq~Eµk-vMf Eqy pypr-sYtr~ leI hdìeq~

1. iksy iek kh`xI d` ivSY vsqU/s`r (do ivcoN iek) 20 Eµk

2. iksy iek inbMD d` s`r/ivSy vsqU (do ivcoN iek) 20 Eµk

3. lyK : iqMn~ ivcoN iksy iek ivSy auqy| 10 Eµk

4. srl EµgryzI pYrHy d` pµj`bI ivc Enuv`d 10 Eµk

5. nMbr 5 auqy inrD`rq ivE`krx ivcoN vrxn`qimk pRSn20 Eµk

6. auprokq lVI nMbr 1 Eqy 2 dIE~ pusqk~ ivcoN sMKyp au#qr~ v`ly

10 pRSn pu@Cy j`xgy| hryk d` au#qr 50 Sbd~ qoN v@D n` hovy|

10x2=20 Eµk

42 B.Com. Part III

PUNJAB HISTORY AND CULTURE (1849-1970)(Special paper in lieu of Punjabi Compulsory)

Time : 3 Hours Max. Mars :100Total Teaching periods : 75

Note: Instructions for the paper setters.Each question paper shall consist of two sections viz Aand B as under:-

Section A :The examiner shall set 10 questions and the candidateswill attempt any 7 questions carrying 4 marks each. Answerto each question shall be in 10 to 15 sentences. The totalweightage of this section shall be 28 marks.

Section B : The examiner shall set 8 questions which cover theentire syllabus. The candidates shall attempt any 4 questionsin atleast 5 pages each. Each question shall carry 18 marks.The total weightage of this section will be 72 marks.

1. The early British Administration.2. British Policies towards Agriculture, Industry, Trade and

Commerce.3. Spread of Modern Education in the Punjab.4. Socio-Religious Reform Movements: Arya Samaj, Singh

Sabha and Ahmadiyas.5. Growth of political consciousness in the Punjab upto 1907.6. Struggle against the raj with special reference to Ghadar

movement, Jallianwala Bagh Tragedy, Gurdwara ReformMovement, Non cooperation and Civil DisobedienceMovement.

7. Towards Independence and Partition 1940-1947.8. Eminent Freedom fighters of the Punjab—Lajpat Rai, Sohan

Singh Bhakna, Kartar Singh Sarabha, Udham Singh, SaifuddinKitchlew, Kharak Singh and Bhagat Singh.

B.Com. Part III 43

9. Great writers of the Punjab—Bhai Vir Singh, MohammedIqbal, Puran Singh, Ishwar Chander Nanda, Dhani RamChatrik and Mohan Singh.

10. Achievements of the Punjab Since 1947. Development ofAgriculture (Green Revolution), Irrigation.

11. Development of Industry, Transport and education.12. Formation of Punjabi Suba.

Suggested Readings :1. Fauja Singh (ed.) : History and Culture of the Punjab,

Part-III Patiala, 19872. G.S. Chhabra : The Advanced History of the Punjab,

Vol-II.3. Khushwant Singh : A History of the Sikhs, Vol.11, 1839-

1988, Delhi,1991.4. Fauja Singh, : Eminent Freedom Fighters of Punjab,

Patiala, 1972.

44 B.Com. Part III

Paper-III Banking Theory & PracticeTime : 3 Hours Max. Marks : 100Instructions for Paper Setters :Note : The question paper covering the entire course shallbe divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 2, 3, 4 and 5 will be set by the examiner from Part-I ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks. The total weightageof this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6, 7, 8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks. The total weightageof this section shall be 40 marks.

Part-ICommercial Banks—meaning, evolution, nature, types, functions,importance and services provided by commercial banks. CentralBanks—meaning and functions, Techniques of credit controls. Creditcreation Negotiable Instruments—Cheques, bills of exchange andpromissory notes, endorsements, collection of cheques and bills.Knowledge of main provision of the Negotiable Instrument Act,Loans and Advances, Guarantees and Indemnities.

Part-II* Liberalisation of Banking Sector in India.* Narsimham Committee Report Part-I and II

B.Com. Part III 45

* Implementation Status of the Report.* Assets Classification* Capital Adequacy* Non Performing Assets* Multicity & MICR Cheques

* Regulatory Framework Governing Banks in India* Mergers and Acquisitions in Banking Sector* Innovations in Banking : Internet banking, E-Banking, Mobile

Banking, Wholesale and Retail banking, Universal and Narrowbanking, Off shore banking.

* Multicity & MICR ChequesNote :- It as Mondatory for the students to get exposure of working

of baking system, practically by visiting atleast 2008 timesduring the academic session.

Recommended Books :1. Banking Law & Practice : Varshney P.N.2. Practice & Law in Banking : Surya H.R.3. Principles & Practice of Bank Mgt. : P. Subha.4. M.H. De Kock : Central Banking.5. C.R. Basu : Central Banking in a Planned Economy.6. Sundharam & Varsheney : Banking Theory, Law & Practice.7. Tannan's Banking : Law and Practice in India.8. Maheshwari and Paul, R.R. : Banking Theory and Law &

Practice.9. Dr. K.N. Prasad and T. Chandradass : Banking and Financial

System.10. L.M. Bhole : Financial Institution and Market.11. Mechiraju : Indian Financial System.12. Reserve Bank of India Bulletins.13. Madhu Vij : Management of Financial Institutions in India.14. www.rbi.org.in15. www.irda.org

46 B.Com. Part III

PAPER-IV : INCOME TAX LAW AND PRACTICETime : 3 Hours Max. Marks : 100Note :1. Atleast 50% of the questions to be set in Section B


be divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions Each question will carry 20 marks; the total weightage ofthis section shall be 40 marks.

PART-IIncome tax—Definition, distinction between Capital and

Revenue Basis of Charge (Residential Status), Incidence of Tax,Exempted Income, computation of Income from salaries and Houseproperty.

Income from Business and Profession, Capital Gains, Incomefrom other sources. Depreciation, carry forward and set-off oflosses, Income of other persons to be included in Assessee’s totalIncome. Deduction of Gross Total income.

B.Com. Part III 47

PART-IIComputation of total Income in Regard to Income of

Individuals, HUF and Partnership firm.Advance payment of Tax, deduction of tax at Source, Income

tax Authorities and Administration of the Act. AssessmentProcedure, Appeals, refunds and Penalities.

Suggested Readings :1. H.C. Mehrotra Income Tax Law and Practice2. Mahesh Chander Income Tax Law and Practice3. Bhagwati Prasad Income Tax Law and Practice4. Girish Ahuja Direct Tax5. Gaur & Narang Income Tax Law6. Vinod K. Singhania Student Guide in Income-tax.7. Bhalla G.S. & Individual Income Taxation

Bhalla Bindu Salaried vs. Business class someaspects Sharma PublicationsJalandhar-2003.

48 B.Com. Part III

Paper-VManagement Accounting & Business Finance

Time : 3 Hours Max. Marks : 100Note :1. Atleast 50% of the questions to be set in Section B


be divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2, 3, 4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions Each question will carry 20 marks; the total weightage ofthis section shall be 40 marks.

PART-IMeaning of Business Finance, Aims and scope of finance

function, Financial Planning. Sources of Company Finance-LongTerm and Short Term, SEBI Guidelines for raising company Finance,Dividend Policy (Excluding Models).

Capital Budgeting, Planning of Capital expenditure, evaluationof projects (excluding risk and uncertaintly), Introduction toAccounting for Price Level Changes Responsibility accounting :

B.Com. Part III 49

concept, steps in responsibility accounting and; advantages ofresponsibility Accounting. Cost of capital working capital - types,estimation - factor determining working-capital requirements.

PART-IIOrigin, Concept, nature and scope of Management

Accounting. Distinction between management accounting andfinancial Accounting Nature, Importance and Limitations of financialstatements. Tools of Financial Analysis; Ratio Analysis (Liquidity,Activity, Solvency and Profitability ratios). Trend Analysis commonsize financial statements and comparative financial statements.

Funds Flows Analysis, Cash Flow Analysis as per As-3,Reporting to Management; Importance Needs, Types, Requirementsof good report preparation of a report including prewriting and formof final draft. Corporate Reporting-Contents of Annual Reports ofIndian Companies.

Suggested Readings:1. Srivastava, R.M. Essentials of Business finance2. Upadhyay, K.M. Financial Management.3. Manmohan & Goel Priniciples and Practice of

Management Accounting4. Khan, M.Y. and Management Accounting.

Jain, P.K.5. Ravi M. Kishore Management Accounting6. Sashi Gupta and Management Accounting

R.K. Sharma

50 B.Com. Part III

PAPER-VI INDIAN ECONOMIC PROBLEMSTime : 3 Hours Max. Marks : 100Note: The question paper covering the entire course shall

be divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2, 3, 4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.

PART-IIndian Economy : Nature of Indian Economy, The need

for Economic Development, causes of under development,determinates of development National Income of India-estimates,Inter-regional variations of national income.

Human Resources : Demographic : Features of Indianpopulation, size and growth of population and economic development.Problem of over population, Population policy.

Agriculture : Feature-Agricultural productivity and income,Irrigation, Land tenures and techniques of cultivation : Ruralindebtedness; Agricultural marketing and prices. Agricultural financeand Agricultural policy.

B.Com. Part III 51

PART-IIIndustries : Growth and problems of major industries-Iron

and Steel, Cotton Textiles, Cement, Sugar and Petroleum. Industrialpolicy. Small scale industries-Problems and policy.

Transport : An elementary exposure, growth and problemsof Indian Railways, Road Transport, air and water transport.

Indian Public Finance : Indian Finance System. Taxationstructure, mobilisation of resources for development, Taxation andfiscal policy.

Economic Planning : Importance of planning for Economicdevelopment. Salient features of India’s five year plans priorities-target achievements, failure factors affecting successfulimplementations of plans.

Suggested Readings :1. A.N. Agarwal Indian Economy2. K.P.M. Sundhram Indian Economy

52 B.Com. Part III

PAPER-VII OPT-(I) MATERIAL MANAGEMENTTime : 3 Hours Max. Marks : 100Note: The question paper covering the entire course shall

be divided into three sections as follows:-Section A: This will have question No.1 consisting of 12 very shortanswer questions from the entire syllabus with answer to eachquestion upto five lines in length. Students will attempt 10 questions.Each question will carry two marks; the total weightage being 20marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.

PART-IMaterial Management : Nature, Scope, Definition, Benefits

and Objectives, Materials Plannings, An Integrated system,Approach organisation for Materials Management, Forecasting.

Purchasing Management : Functions of purchasing,organisation for purchasing quality determination and control,Selecting sources of supply Vender Rating, Price determinationcontracts purchase timing.

Purchasing Management-2 : Purchase of Capitalequipment and replacement make-but decisions. Buyer-sellernegotiations. Import Purchasing. Government purchasing.

B.Com. Part III 53

Value analysis : Value engineering cost reduction.Information phase, Function Phase, speculation phase, analyticalphase, Brain Storming sessions.

PART-IIInventory management : Inventories defined, Types of

Inventories, objectives of inventory control. Inventory Costs.Inventories classification ABC, VED, FSM, Inventory models.Economic order quantity, Replenishment system, fix quantity variableQuantity system (P.Q. system), Inventory performancemeasurement. Quantity Discounts, Economic Batch Size.

Stores Management : Definition, Functions of Stores,organisation, for stores - Receiving section, Inspection Qualitycontrol.

Classification and Codification of Materials: StockVerification of Stores, Accounting and adjustments of discrepancies.Material Movement-handling Equipment, storing equipment. Layoutand Location of stores. Storage and preservation methods. Theft,malpractices and loss.

Suggested Readings :1. Anil K. Datta Integrated material management.

A Functional Approach.2. J.H. Westing Purchasing Management

I.V. Fine, Gray J. Zenz. Materials in Motion.3. N.S.Sandilya, Inventory management - Text

V. Gopala Krishnan and Cases.4. Buchan and Koonigsberg Scientific Inventory management5. Lamer Lee Jr. Lonald Purchasing and materials

W. Lobler management Text and Cases.

54 B.Com. Part III

PAPER-VII OPT-(II)SALES AND RETAIL MANAGEMENT

Time : 3 Hours Max. Marks : 100Note: The question paper covering the entire course shall


PART-INature of Sales management. Objectives of sales

Management functions of Sales manager. Analysis of Marketpotential. Sales forecasting. Evaluation of different methods ofsales forecasts. Sales organisation—purpose, structure andfunctions, Basic type of organisation structure. Department of Salesorganisation.

Sales-force mangement, Sales Job analysis & specificationSource of Sales-Force recruitment Selection. Training andcompensation of Salesman. Motivation of Salesman-Methods ofmotivation. Determining sales policies. Product policies. distributionPolicies and pricing policies.

B.Com. Part III 55

Sales Budget and Quotas-Purpose of Sales Budget andQuotas. Sales control and cost analysis. Sales promotion andAdvertising-Definition and functions. Methods of promotion files.Advertising Advantages and classification of media selection ofright types of medium. Psychology of advertising. Elements of anAdvertisement.

PART-IIRetailing, its framework and environment and retailing as a

career, retail Institutions. Understanding consumer behaviours andMarketing research.

Choosing location : Trade Area analysis and Site selection,Merchandise Planning management including layout and windowdisplay.

Printing and other policies in retailing, integrating andcontrolling the retail strategy.Suggested Readings :

1. Stan, Kessen Creative Selling Today.2. Charles, A. Krik Patrick Russ-Effective Selling

and Frederic A.3. Richard R. Still Sales management Decisions,

Strategies and Cases.4. Danny R. Arnoi, Strategic Retail Management.

Luis M. Capella andGarry D. Smith

5. Raymond A marquardt, Retail Management Satisfaction ofJames C. Makens and Consumer Needs.Robert G. Foe.

6. Masor, K. Mayer Modern Retailing Theory andPractice.

56 B.Com. Part III

PAPER-VII OPTION-(III) OPERATIONS RESEARCHTime : 3 Hours Max. Marks : 100Note : 1. Atleast 50% of the questions to be set in Section B



PART-IOperations Research : Meaning, significance and scope.

Introduction to linear programming, formation of LinearProgramming Problem, Graphical method Simplex Method, twoPhase Simplex Method. Duality in Linear Programming, Definitionof Dual Problem, general rules of converting primal into its dual.Transportation Problem, Assignment Problem, Replacement Models.

Inventory-Types, Nature and classification Economic lotsize-models, quantity discounts.

B.Com. Part III 57

PART-IICPM/PERT-Basic concepts of Network Models, Preparation

of the Network diagram, project duration and critical path, probabilityof Project completion. Project Crashing.

Games Theory : Two persons zero sum games, purestrategies, mixed strategies, Dominance.

Sequencing problems: Introduction Classification ofsequencing problems, processing N Jobs through two, three and MMachines including graphic method.

Suggested Readings:1. V.K. Kapoor Operation Research2. N.D. Vohra Quantitative Techniques in Management3. Narinder K. Sethi Operation Management4. Gordon/Pressman Quantitative Decision Making for

Business5. C.P. Kothari Quantitative Methods6. Barry Shore Quantitative Method for Research

58 B.Com. Part III

Paper-VII OPT. (IV)OFFICE MANAGEMENT AND SECRETARIAL

PRACTICETime : 3 Hours Max.Marks : 100Note: The question paper covering the entire course shall


PART-IThe modern concept of office work : Role and importance

of the office and its relation with other functions. The role, status offunctions of the office manager.

Office location and building layout and space managementfurniture and equipment : Physical and Psychological factors in office.Location colour, light, noise and air-conditioning. Safety officestationary and supplies; office reproduction services, filing andrecords management. Handling of incoming and outgoing mail, officecommunication; office manager and Business information system.

B.Com. Part III 59

Data collection and processing including computer functions andapplications : Mechanisation and automation in the office.

Organising an office : determining the formal officeorganisation ways of dividing work, individual content, jobspecialisation, work division arrangement-serial, parallel or unitassembly.

Selection, training and compensation of office employees.Effective supervision of office activities.

PART-IIImportance of systems and procedures in managing office

works systems and procedures analysis organising for proceduresimprovement. Forms design and control : Methods analysis; workmeasurement and work standards; office work simplification; Qualityand Quantity control office Manual. Conduct of organisation andmethods (M) assignment.

Cash accounting and procedures in Government office : Anoutline of Central service Rules and Financial Rules and Procedures.Office costs and Budgets.

The position of the company secretary in the organisationalstructure of a company. Qualifications and appointment. Duties &Liabilities of company secretary; Law; Practice and proceduresimprovement, relating to formation of a company issue of sharesand debentures, meeting with special reference to companymeetings.

Resolutions, notices, agendas, minutes, including bothprinciples and drafting. Company correspondence, drafting ofreports.Suggested Readings :

1. George Ferry Office Management and Control.2. Nafees Baig Office Organisation and Management3. M.C. Kuchhal Secretarial Practice4. S.S. Gulshans & Secretary Practice.

M.C. Shukla

60 B.Com. Part III

Paper-VII Opt. (V)FOREIGN EXCHANGE MANAGEMENT



PART-IMeaning and problem of foreign exchange : The foreign

exchange market.Theories of Foreign Exchange Rate. Meaning, Types and

their determination. Fluctuations in Exchange Rates-Causes andconsequences.

PART-IIQuotations of Exchange Rate. Exchange Rates in India.Forward exchange operations. Arbgrage operations,

Exchange control Present system of Exchange Rates in India.

B.Com. Part III 61

Paper-VII Opt. (VI)TYPING AND SHORTHAND

Time : 3 Hours Max. Marks Theory : 70 Practical : 30


Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry one marks; the total weightagebeing 10 marks.Section B: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 2,3,4 and 5 will be set by the examiner from Part-I ofthe syllabus. The candidates will be required to attempt two questions.Each question will carry 15 marks; the total weightage of this sectionshall be 30 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt two questions.Each question will carry 15 marks; the total weightage of this sectionshall be 30 marks.

PART-1Type Writing

Theory Practical1. Nature, scope and- Satisfy the curiosity of the

importance of Typewriting, students by making them sit on the- Introduction of basic typewriter in a required manner Principles. by inserting and removing the- Knowledge of essential paper and by observing the parts of a type writer action of keys when pressed. and their usage.

62 B.Com. Part III

2. Manipulation of fingers Mastery of keys-board, Practicekey board (all the four of basic lessons on all the fourrows including operation rows. Practice of “Quick Brownof side shift keys. for jumps staight over the lazy

dog” lesson.3. Speed development on -Introduction and manipulation

- Importance of accuracy of side shift keys and their use. over speed.

4. Care and upkeep of type- Practice from exercise, afterwriter completion of basic lessons, to- Typewriting accessories attain speed @ 15 w.p.m.change of ribbon. Use ofpunctuation Signs and spaceto be left after punctuationmarks carbon manifolding.

5. Instructions for stencil -Practice from book exercisecutting @ 15 w.p.m. daily for atleast 5- Using of correcting fluid. minutes and practice in cutting

stencils.6. Display of tabulation work -Typing in Printed forms,

and balance sheets. telegrams and tabulatedstatements etc.

7. How to type printed forms -Development of speed @ 25telegrams, minutes, notices w.p.m. with daily practice.and legal matters.

8. Revision of theory.Books RecommendedTypewriting Theory

1. Typewriting Made Easy.2. General Instructions regarding typewriting and stencil cutting.3. A Handbook of Typewriting.

B.Com. Part III 63

Typewriting Practical1. Speed and Accuracy2. Comprehensive Courses in Touch Typewriting3. Weekly Test Paper4. Any other book suitable to students.

PART-IIShorthand

Theory Practical1. Nature, scope and import- -Teacher would be required

ance of Shorthand (This to teach students basicincludes basic instructions principles of shorthand andand introduction). practice of consonants

(initial lessons).2. Explanation of consonant and -Practice from books and

vowel sounds, their reading back at initial speed.indication and their use in It will be required for theshorthand whole of the year.

3 Gramalogues-Explanation -Dictation and reading backand their usage in shorthand. from further exercises.

Transaction from writtenshorthand and would start

from this stage.4. Explanation of Dipthongs

Hooks (initial and final)Halving and doublingprinciples.

5. Diphones, medial semicircles -Practice from bookand compound words- exercises reading back andGeneral contractions. transcription 5 minutes para

dictation and transcription atnominal special till lastexamination.

64 B.Com. Part III

6. Inter sections, advanced -Dictation from seen andPharaseography and special unseen passages (fromcontractions including legal shorthand book) reading backpharaseography. and transcriptions at nominal

speed.7. Check revision of theory -Dictation from any exercise

-Note taking Techniques of shorthand book. Reading-Common errors in or printed short-hand outlinesshorthand of English words. from shorthand book.

- Introduction of new and The candidate would beadvanced shorthand required to attain speed of 60outlines. W.P.M. and transcribe the

same 12 W.P.M.8. Dictation from Instructor

exercises and preparationfor examination.

Note : There would be one paragraph of 5 minutes of 300 wordsto be dictated & 60 w.p.m. and to be typed @ 12w.p.m.carrying 15 marks.

Shorthand Instructor is required to give practical knowledgeof all the exercise of the book to the learners. Question for theorywould be from the prescribed syllabus but practical (shorthand test)would be from the whole of the book.

B.Com. Part III 65

PAPER VII OPT. (VII)Common : B.Com. (Pass & Hons)

INDIRECT TAX LAWSTime : 3 Hours Max. Marks Theory : 70

Practical : 30Note: The question paper covering the entire course shall

be divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry one marks; the total weightagebeing 10 marks.Section B: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 2, 3, 4 and 5 will be set by the examiner from Part-I ofthe syllabus. The candidates will be required to attempt two questions.Each question will carry 15 marks; the total weightage of this sectionshall be 30 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6, 7, 8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt two questions.Each question will carry 15 marks; the total weightage of this sectionshall be 30 marks.

Part-I

Central Sales Tax—Features, Terms, Definitions, Registrationof dealers—Procedure of Cancellation & Duplication & registration,Procedure of Assessment, Filing of Returns. Use of various Forms,Authorities. Penalties & Appeals, Branch & Consignment transfers.

Customers Act, 1962—An Overview, Levy, Collection &exemption from Customs duties, Dater of determination of date of

66 B.Com. Part III

duty & Tariff Valuation, Prohibitions/restrictions on Impact & Export,Determination of Duty where Goods consists of Articles liable todifferent rates of duty, Warehousing, Duty drawbacks U/s 74 & 75,Special provisions relating to Baggage's, Postal Goods.

Part-IIIntroduction to Value Added Tax (VAT) Act 2005-Concept,

Features, Registration. Taxable & Exempt Supplies, TIN, VAT Bill,Tax Credit, Procedure of Assessment. Filing of VAT Returns,Penalties & Fines under VAT.

Central Excise Act, 1944—Meaning, Levy & collection,classification of Goods, Definitions, Valuations, Assessment,Payment of Duty and Removal of Goods refund of Duties, Appeals& Penalities, Introduction to the Concept of Service Tax. CenvatScheme in Excise.Suggested Readings :

1. Indirect Taxes : V.S. Datey & V. Balachandren2. How to Deal with VAT : Kulbhushan, Parson Education,

2005.Note : The Paper Setter will consider the change in tax laws

upto 30th September.

B.Com. Part III 67

B.Com. (Hons.)(Two Years Course)

The students will have to select one of the following groupshaving two papers of which Paper-I shall be offered in B.Com.Part-II and Paper II shall be offered in B.Com. Part-III.

Each paper shall carry 100 marks.

Group-I: BankingPaper 1 : Banking and Indian Capital MarketPaper 2 : Foreign Exchange

Group-II: Trade and TransportPaper-1 : Export Import ManagementPaper-2 : Indian Transport System

Group-III: Co-operationPaper 1 : Principles of Co-operationPaper 2 : Co-operative Management and

Administration in India.

Group-IV: InsurancePaper 1 : Insurance Legislation in India.Paper 2 : Policy Conditions and Insurance Claims.

Total Marks: 200

68 B.Com. Part III

Group I : BANKINGPaper-I : Banking and Indian Capital Market



Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questionswith answer to each question upto five pages in length. Fourquestions numbering 6,7,8 and 9 will be set by the examinerfrom Part-II of the syllabus. The candidates will be required toattempt any two questions Each question will carry 20 marks; thetotal weightage of this section shall be 40 marks.

PART-IBanks : Their types and functions, nature of Commercial

Banking Operations. Distribution of Bank Assets-Principles andObjectives. Central Bank-The Nature of their Business, Objectivesand Techniques of Central Bank, Indian Banking with SpecialReference to Reserve Bank of India and its Policies since 1951.

Role of financial Institutions in Economics Development.Development Banking and Institutional Financing in India.

B.Com. Part III 69

PART-IIThe State Bank of India and its subsidiaries. Public and

Private Sector Commercial Banks, Foreign Bank. The CooperativeBanking Sector, indigenous Banking, Banking problems in India.Structure and the organisation of the Indian Money Market.

Organisation and structure of Indian capital market, primarymarket, public and right issues listing of shares, mechanism of tradingon a stock exchange, problems of primary and secondary markets.Suggested Readings :

1. K.P.M. Sundram : Money, Banking and International Trade.2. V.A.A. Avadhani : Investment and Securities Markets in

India.

70 B.Com. Part III

GROUP I : BANKINGPAPER II : FOREIGN EXCHANGE


be divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-IIof the syllabus. The candidates will be required to attempt anytwo questions Each question will carry 20 marks; the totalweightage of this section shall be 40 marks.

PART-IBalance of payments-various methods of payments in

International trade - Foreign Exchange Market - Mechanism andOperations. Foreign Exchange and rate of exchange determination.Fixed and variable exchange rates-factors affecting fluctuations.

Methods and machinery of control of rate fluctuations-forward markets. I.M.F.-G.A.T.T.-foreign exchange requirementsof Five Year Plans-Bilateral agreements-Currency Areas (SterlingArea, Convertible Currency Area etc.).

Exchange Arithmatics relating to transactions generally

B.Com. Part III 71

conducted by exchange banks e.g. decimalisation of moneyselection of buying and selling rates. Fixation of rates for variousexchange transactions (I.T. rates, cross rates, long rates etc.)adjustment of rates to cover profits, changes etc.

PART-IIForeign Exchange Problems and Working of Foreign

exchange Department : Collection and negotiation of clean anddocumentory foreign bills, commercial letter of credits, uniformcustoms and practice for commercial documentry shipping documentclearance of goods, shipping procedure and customer’s formalities.

Insurance of encashment of drafts mail and cable transfers,personal letters of Credits, Travellers cheques, purchase and scaleof foreign notes, Coins.

Exchange Accounts and Exchange position, Arbitrageoperations, Terminology used in exchange transaction.

Foreign exchange Regulation Act-operations of Foreignexchange Dealers-role of Reserve Bank of India.

72 B.Com. Part III

GROUP - II : TRADE AND TRANSPORTPAPER I : EXPORT-IMPORT MANAGEMENT


be divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-IIof the syllabus. The candidates will be required to attempt anytwo questions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.

PART-IThe organizational set up in India for promotion of exports.Role of export promotion councils, Commodity Boards,

Service organization, Deliberative and policy Making organisation,Export Policy and Licensing Procedures; Canalizing agencies andimports.

Identifying foreign sources of supply. Facilities and incentivesfor exports; payment methods. Financing for exports andimports, exports credit and insurance.

Export quality control and pre-shipment inspection. Marine

B.Com. Part III 73

Insurance customs clearance; Documents used in exports andimports. Processing of an export order. Exports pricing.

An Elementary treatment of International product policies,International channels of distribution and promotion of exportableproducts.

PART-IIInternational economic and political environment. Differences

in the economic levels of countries. Regional economic grouping inthe world. General Agreement in tariffs and Trade negotiations;International Commodity Agreements. The political systems in theWorld-communist Block, Free and Democratic Countries, Non-aligned world.

Suggested Readings :1. V.P. Gupta - Export Management made easy2. T.A.S. Balagopal - Export Management

74 B.Com. Part III

GROUP II : TRADE AND TRANSPORTPAPER II : INDIAN TRANSPORT SYSTEM

Time : 3 Hours Marks : 100Note: The question paper covering the entire course shall


PART-IElements of Indian Transport System. The competition

between road and rail transport in India. The policy and methods ofcoordination between various modes of transport in the country.

Development of State ownership as a method of bringingabout coordination in the management of the Indian Transportnetwork. Applicate on of System Approach to Indian TransportSystem.

Development of Transport in India in five Year Plans.Financing of Indian Railways, road transport, shipping and airtransport.

B.Com. Part III 75

PART-IIRates and fare determination by various system of transport

in India. Indian urban and rural transport systems. Adequacy andefficiency of Indian Transport system.

A comparative study of Indian Transport system vis-a-vistransport system by other important development and developingcountries. The problems of Indian Railways, road transport, airtransport and shipping.

76 B.Com. Part III

GROUP - III : CO-OPERATIONPAPER I : PRINCIPLES OF CO-OPERATION


be divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-IIof the syllabus. The candidates will be required to attempt anytwo questions Each question will carry 20 marks; the totalweightage of this section shall be 40 marks.

PART-ICo-operation : Co-operative movement and its evolution

through time philosophy. Objectives and Rationale of the cooperativemovement. Basic Principles of co-operatives, place of theft incooperatives Economic Organisation : Different system of economicorganisation private enterprise-Co-operative Enterprises, Co-operation as balancing factor between the public and private sectorsconcept of cooperative common wealth (Sehkari Samaj), Sociologyof Co-operation. Co-operation and its relevance in different politicalsystems. Capitalism, Communism, socialism, Fascim etc.

B.Com. Part III 77

Co-operation in Foreign countries : Co-operative movementin different countries - developed and developing growth of themovement Britain and Germany.

-Consumer Co-operative movement in Sweden and Ceylon.-Dairy co-operatives in Denmark, marketing and Purchasing.-Cooperative in Canada, Rural Electrification Cooperatives

in U.S.A. co-operation Japan, both agrarian and Industrial Societies.Cooperation settlements in Israel, USSR and China, Brief Historyof Co-operative Movement in India.

PART-IICo-operative problems and Controversies. Single purpose vs

Multipurpose Society, unlimited vs. Limited liability; Co-operationFinance Vs. Co-operative Finance, Centralisation vs. Federation;Producers vs. Consumers. State Trading vs. Capitalistic Tradingvs. Co-operative Trading.

The Attitude of the State towards Co-operation and Attitudeof Co-operatives towards to State. Difference between India andEurope, co-operation and State aid Economic Planning and Co-operation Co-operation and Socio-Economic Systems.

Co-operatives and Community Developed Project, Sarvodayand Co-operation. A Synthesis, Inter Co-operative Relations Co-operation and Distribution Justice Co-operations and Texation Co-operative Education Research and Extension.

Co-operative Audit; objects. Role and kind of Co-operativeaudit, Responsibility of Registrar. Independent Agency. Co-operativesupervision. Meaning and functions of supervisions. Existingarrangements for supervisions. Norms of supervisions, cost ofsupervision. Weaknesses of Supervisions. Weakness Suggestions,orientation and search for dimensions for the movements.

78 B.Com. Part III

Suggested Readings :1. Kamath, G.S. New Dimensions of Cooperative

Management, Himalaya Publishing House.2. Bedi, R.D. Theory History and Practice of Co-

operation. International Publishing House,Meerut.

3. Sharda, V. ‘The Theory of Co-operation’ HimalayaPub. House.

4. Puri, S.S. ‘Ends and Means of Co-operativeDevelopment’ published by NationalCo-operative Union of India, New Delhi.

5. Dubashi, P.R. ‘Principles and Philosophy of Co-operation’ published by vikunta MehtaNational Institute of Co-operativemanagement, Pune.

B.Com. Part III 79

GROUP : CO-OPERATIONPAPER-II : CO-OPERATIVE MANAGEMENT &

ADMINISTRATION IN INDIATime : 3 Hours Marks : 100Note: The question paper covering the entire course shall


PART-IHistory and Growth of Co-operative Movement in India :

Recommendations of important committees such as All India RuralCredit Survey Committee and Cooperative Credit (Math SurveyCouncil Committee and Cooperative Administration Committee andCooperative (Mirdha Committee). All India Rural Credit ReviewCommittee. Committee to review arrangements of Industrial Creditfor Agricultural and Rural Development (CRATICARD).

Co-operative Legislation : Act of 1904 NDS ResolutionEssential revisions of cooperative acts.

80 B.Com. Part III

Recent trends in co-operative legislation, Co-operativeAgricultural Credit : Need for production and development, typesof Credit. Inadequacies in the availability of credit, the role of co-operatives in meeting credit needs of the farmers of agriculturalpurposes. Development of Co-operative agricultural credit societiesand its structure : Production marketing, Warehousing, Co-operativeAgricultural Non-credit, Need Growth, Development and Working.

PART-IINon-Agricultural Co-operative Credit : Needs for credit in

the Areas for various purpose, the development of the co-operative credit movement for non-agricultural purpose. Nonagricultural non-credit movements in the urban areas : Need growthdevelopment and working.

Land Development Banks : History of IDB, Purpose ofLOANS and procedure of advancing loans, Role of RBI, SBI andCommercial Bank, National Federation of Co-operative Banks inAgricultural, Co-operative Finance, National Bank of Agricultureand Rural Develop-ment (NABARD) Lead bank.

Weakness of the Co-operative Movement, Suggestions forimprovement and extension of the movement. Uses ofManagement techniques.

B.Com. Part III 81

GROUP-IV : INSURANCEPAPER-I : INSURANCE LEGISLATION IN INDIA


Note: The question paper covering the entire course shallbe divided into three sections as follows :-

Section A: This will have question No. 1 consisting of 12 veryshort answer questions from the entire syllabus with answer toeach question upto five lines in length. Students will attempt10 questions. Each question will carry two marks; the totalweightage being 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.Section C: This will consist of essay type/numerical questions withanswer to each question upto five pages in length. Four questionsnumbering 6,7,8 and 9 will be set by the examiner from Part-II ofthe syllabus. The candidates will be required to attempt any twoquestions. Each question will carry 20 marks; the total weightageof this section shall be 40 marks.

PART-IThe Life Insurance Act, 1938.

PART-IIThe Marine Insurance Act, 1963. Motor Vehicles Act, 1939.The General Insurance Business (Nationalisation) Act, 1972.

82 B.Com. Part III

GROUP IV : INSURANCEPAPER-II : POLICY CONDITIONS AND

INSURANCE CLAIMSTime : 3 Hours Max.Marks: 100Note: The question paper covering the entire course shall

be divided into three sections as follows:-Section A: This will have question No. 1 consisting of 12

very short answer questions from the entire syllabus with answerto each question upto five lines in length. Students will attempt 10questions. Each question will carry two marks; the total weightagebeing 20 marks.Section B: This will consist of essay type/numerical questions uptofive pages in length. Four questions numbering 2,3,4 and 5 will beset by the examiner from Part-I of the syllabus. The candidates willbe required to attempt any two questions. Each question will carry20 marks; the total weightage of this section shall be 40 marks.

Section C: This will consist of essay type/numericalquestions with answer to each question upto five pages in length.Four questions numbering 6,7,8 and 9 will be set by the examinerfrom Part-II of the syllabus. The candidates will be required toattempt any two questions Each question will carry 20 marks; thetotal weightage of this section shall be 40 marks.

PART-ILife Insurance : The Policy, Proof of age-payment ofpremium.Days of Grace :-

Commencement of Risk-hazardours Occupation-Alternationin Policy, Additional Assurance - Suicide - Accident benefit - LostPolicies, assignment nomination. Lapse and revival - Surrender value—Paid up value-Extended term insurance - Automatic non-for-future Policy loans.

B.Com. Part III 83

Settlement of claims : Claims by survivance-Claims bydeath - Early claims Evidence title - dispensing with evidence oftitle - interstate succession - Optional modes of settlement. PersonalAccident Insurance Policy : Policy conditions and settlement ofClaims. Consequential Loss Insurance : Policy conditions and claimsprocedure.

Marine Insurance - The Policy-form of Policy-Lloyd’s formof Policy-Assignment clause-Lost or not lost-At and From.Termination of risk Warehouse to warehouse clause-change ofvoyage Delay-Deviation Touch and Stay, Name of Vessel-name ofthe master. The subject matter insured and the valuation - Theperils insured against, Sur and labour clause - Waiver clause Premiumclause - Memorandum clause - Maugh Rules Presentation,adjustment and settlement of all types of hull, frieght and cargoclaims - settlement of claims abroad functions of oil claim settingagents - Reinsurance recoveries - functions of salvage associationand functions of cargo surveyors.

PART-IIFire Insurance : standard form of Policy-Wordings of the

Policy perils insured - Policy Conditions.1. Misdescription2. Alternations3. Exclusions4. Claims fraud5. Reinstatement6. Insurer’s right after a fire7. Contribution and average8. Subrogation9. Warrantie

10. Arbitration11. Purchase and interest clause12. Loss procedure

84 B.Com. Part III

13. Ex. Gratia payment of claims - Salvage Crops, Average Clause,Task of adjustment payment and discharge by adjuster, Waiverand estopped.Motor Insurance : Comprehensive Policy for private cars

Loss on damage - Liability to third parties, Medical expenses -General exception - Conditions - No claims bonus - Transfer ofinterest - The schedule comprehensive policies on commercialvehicles comprehensive policies on Motor cycle.

Settlement of claims - Negligence of the parties. Total andpartial losses in own damage - knock for knock agreement.

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