Mumbai University Previous year question papers
VI Sem Electronics Examination June 2006
Industrial Economic and Telecom Regulation
N.B. : Attempt any five questions.)
1.(a) State and explain Law of diminishing marginal utility.
(b) In perfect competition, explain price equilibrium with the help of demand and supply curves.
(c) Distinguish between perfect competition, monopoly and olygopoly. ;.
(d) With an illustrative example, explain average cost, marginal cost, average revenue and marginal revenue.
2.(a) What are the functions of money?
(b) Distinguish between monetary policy and fisc~1 policy.
(c) What are the functions of Reserve Bank of India?
(d) Briefly explain functions of Commercial Banks.
3.(a) What are the determinants of economic development. What are the characteristics of under developed economy? .
(b) Briefly discuss the main features of liberalised economy and globalisation.
(c)Distinguish between Balance of Trade and Balance of payment.
4.(a) Distinguish between direct and indirect taxes. Give examples.
(b) What are the sources of industrial finance?
(c) Briefly explain Maslows theory of hierarchy.
(d) What makes delegation effective?
5.(a) What are the 4 PS of marketing management?
(b) What is meant by market segmentation? What is the purpose ( market segmentation?
(c) What are the functions of Production Planning Control Department 1a manufacturing organisation?
(d) For a pu,,::hased item, if the annual demand is 12000, price As. ’15, inventory carrying cost 30~/oand ordering cost As, 90, what is the Economic Order Quantity.
6.(a) A tourist taxi operator has estimated the annual fixed cost of taxi car to be As. 60,000. Variable cost is As. 5 per kilometer run. He charges As. 10 per kilometer to the charts. If the estimated running kilometers in a year is 20,000. What is the expected profit ?
(b) In the above problem, what is the break even point. Draw the break even chart.
(c) What are the elements of cost? What is meant by overheads?
(d) A project is estimated to cost Rs. 10 lakhs to be invested now. The net cash inflows in the coming 3 years,are :
Find the pay back period
(ii) NPV (discounting rate 10%)
7.(a) A project has the following activity details.
b) Draw the project network and find the critical path. What is the project duration?
(c) Explain the following terms in analysis of statement of accounts:
(i) Debt Equity Aatio
(ii): Current Aatio .
(iii) Current Assets.
8.Write short note on anyone :-
(i) ABC Analysis
(ii) Line and staff relation in an organisation.