OPEN BOOK EXAMINATION SYSTEM JUNE-JULY -- 2021

(As per the order of Dept. of Higher Education Govt. of MP)

G.S. College of Commerce & Economics (Autonomous), Jabalpur (M.P.)

www.gscollege.org

A4

(Self Handwriting)

(Cover Page)

1
 OPEN BOOK EXAMINATION SYSTEM JUNE-JULY -- 2021
(As per the order of Dept. of Higher Education Govt. of MP)
G.S. College of Commerce & Economics (Autonomous), Jabalpur (M.P.)

Sample of Main Cover Page

(i) ijh{kk dk uke@Name of Examination ....................................................

¼ii½ vuqØekad@Roll No. .............................................................................
¼iii½ ukekdau Øekad@Enrollment No. ....................................................................
¼iv½ fo"k; lewg dk uke@Name of Subject Group ................................................
¼v½ ç'ui= dk 'kh"kZd ,oa [k.M ....................................................................
Title of the Paper and Section. ......................................................................
¼vi½ dqy fy[ks i`"Bksa dh la[;k@Total No. of Written Pages ...................................

fo|kFkhZ ds gLrk{kj@Signature of Student

ijh{kd ds fy, (For Valuer)
ç'u Øekad 1 2 3 4 5 Total
çkIrkad

ijh{kd ds gLrk{kj@Signature of Valuer

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

G.S. College of Commerce & Economics (Autonomous), Jabalpur (M.P.)

(As per the order of Dept. of Higher Education Govt. of MP)
OPEN BOOK EXAMINATION : JUNE-JULY : 2021
Answer Book Submission Receipt

Roll No. : .......................................................... Class : .......................................................................................

No. of Answer Book Submitted : ..............................................................
Date : ...............................................................
Recipient’s Signature

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 OPEN BOOK EXAMINATION SYSTEM JUNE-JULY -- 2021
(As per the order of Dept. of Higher Education Govt. of MP)
G.S. College of Commerce & Economics (Autonomous), Jabalpur (M.P.)
B.Com. (Final Year) Examination, June-July: 2021
FOUNDATION COURSE (COMPULSORY)
lHkh ikWap ç'u gy djsAa lHkh ç'uksa ds vad leku gSaA
A4

Note : Attempt all the five questions. All questions carry equal marks.
Write answers of each section in A4 size or Register's paper in separate sheet.
No answer should exceed 500 words.
Section-A

Paper-First
Max : 30 Min: 10
esjs lg;k=h ;k=k o`rkar dk lkjka'k fyf[k,A
tulapkj D;k gS\ çeq[k tulapkj ek/;eksa dk ifjp; nhft,A
çk:i.k fdls dgrs gS\ çk:i.k dk uewuk rS;kj dhft,A
vuqokn D;k gS\ vuqokn ds çeq[k çdkj crkb,A
ckS) /keZ D;k gS\ ckS) /keZ dh çeq[k fo’ks"krk,¡ fyf[k,A

Section-B
ENGLISH LANGUAGE
Paper-Second

(Answers to this section should be written on a separate answer sheet)

Max : 30 Min: 10
1. Summarize the essay "On the rule of the road” in your own words.
2. Draw the character sketch of Velan.
3. What changed the Selfish Giant at the end of the story?
4. Write a report on “Effects of Covid on the education system in India”.
Or
Write a report on Pollution in the Metropolitan Cities.
5. Draft you CV for the post of an event manager in “Picsniff” the event organising company.

3
 OPEN BOOK EXAMINATION SYSTEM JUNE-JULY -- 2021
(As per the order of Dept. of Higher Education Govt. of MP)
G.S. College of Commerce & Economics (Autonomous), Jabalpur (M.P.)
B.Com. (Final Year) Examination, June-July: 2021
FOUNDATION COURSE
lHkh ikWap ç'u gy djsAa lHkh ç'uksa ds vad leku gSaA
A4

Note : Attempt all the five questions. All questions carry equal marks.
Write answers of each section in A4 size or Register's paper in separate sheet.
No answer should exceed 500 words.

Section-C
BASICS OF COMPUTER & INFORMATION TECHNOLOGY
Paper-Third

(Answer to this section should be written on a separate answer sheets)

Max : 25 Min: 08
dEI;wVj dh eseksjh fMokbl ¼LVksjst fMokbl½ ds fofHkUu çdkjksa dk o.kZu dhft,A
Describe different types of memory devices (Storage devices) of computer.
fMLd vkWijsfVax flLVe (DOS) esa cwfVax çfØ;k dks le>krs gq, bldh ckâ; ,oa vkarfjd dekaM~l dk foLr`r
o.kZu dhft,A
While explaining booting process in DOS describe its external and Internal command in detail.
ekbØkslkW¶V oMZ esa iSjkxzkQ QkesZfVax dSls djrs gSa\ blds fofHkUu fodYiksa dk foLrkj ls le>kb;sA
How to do paragraph formatting in MS-Word? Explain its different options in detail.
,Dlsy ds ç;ksx ls le;&lkj.kh] ekdZ’khV ,oa osru fcy fdl çdkj cuk;k tkrk gS\ çk:Ik Hkh nhft,A
How to prepare Time-Table, Marksheet, Time-Table salary Bill using excel. Also give the format.
osc czkmtj dks foLrkj ls le>kb;sA
Explain Web-Browser in detail.

4
 OPEN BOOK EXAMINATION SYSTEM JUNE-JULY -- 2021
(As per the order of Dept. of Higher Education Govt. of MP)
G.S. College of Commerce & Economics (Autonomous), Jabalpur (M.P.)
B.Com. (Final Year) Examination, June-July: 2021
ACCOUNTING GROUP (COMPULSORY)
lHkh ikWap ç'u gy djsAa lHkh ç'uksa ds vad leku gSaA
A4

Note : Attempt all the five questions. All questions carry equal marks.
Write answers of each section in A4 size or Register's paper in separate sheet.
No answer should exceed 500 words.
Section-A
INCOME TAX LAW & PRACTICE
Paper-First
Max : 40 Min: 14
vk;dj ds fy, djnkrkvks dk fuokl&LFkku fdl çdkj fu/kkZfjr fd;k tkrk gS\ fuokl LFkku dk dj nkf;Ro
ij Hkkj le>kb;sA
How is residence of an assesse determined for income tax purposes? Explain the incidence of residence
on tax liability?
vuqykHk D;k gS\ vk;dj vf/kfu;e ds mu vuqykHkksa ds lEca/k esa çko/kku crkb;s tks dsoy fof’k"V deZpkjh;ksa
ds fy, dj&;ksX; gSA
What is perquisites? State provisions of income tax Act relating to those perquisite which are taxable in
case of specified employees only.
O;olk; ,oa is’ks ds dj ;ksX; ykHkks dk D;k vk’k; gS\ bl 'kh"kZd esa dkSu&dkSu lh vk; dj ;ksX; gksrh gS\
What is the meaning of taxable profits from business or professing? Which incomes are taxable under
this head?
vk;dj vf/kfu;e esa gkfu;ksa ds viys[ku ,oa mUgsa vkxs ys tkus lEca/kh çko/kkuksa dk o.kZu dhft,A
Explain the provisions of Income tax Act regarding set off and carry forward of losses.
vk;dj vf/kfu;e ds vUrZxr ,d djnkrk dh dqy vk; dh x.kuk djus esa nh tkus okyh çeq[k dVkSfr;ksa dh
laf{kIr O;k[;k dhft,A
Discuss briefly the provisions of income tax Act regarding important deductions as to be allowed in
computing the total income of an assessee.

Section-B
GOODS AND SERVICE TAX & CUSTOM DUTY
Paper-Second

(Answers to this section should be written on a separate answer sheet)

Max : 40 Min: 14
oLrq ,oa lsok dj dk vk’k; ,oa blds vk/kkjHkwr rRoksa dks le>kb;sA
Explain the concept and important terms of goods and service tax.
dsUnzh;@jkT; oLrq ,oa lsok dj vf/kfu;e ds varxZr iathdj.k ,oa dj fooj.kh tek djus dh çfØ;k
le>kb;s\
Explain the procedure of registration and filing of returns under CGST/SGST Act.
dsUnzh;@jkT; oLrq ,oa lsok dj ds varxZr lfEeJ.k ;kstuk ,oa midk;Z dks le>kb;s\
Explain composition scheme and Job Work procedure under CGST/SGST.
,dhÑr oLrq ,oa lsok dj ds mnxzg.k ,oa laxzg.k ds çko/kkuksa dks le>kb;sA
Explain provisions of levy and collection of IGST.
lhek 'kqYd dk vk’k;] çdkj ,oa lhek 'kqYd dk ewY;kadu le>kb;sA
Explain the concept, types and valuation of customs duty.

5
 OPEN BOOK EXAMINATION SYSTEM JUNE-JULY -- 2021
(As per the order of Dept. of Higher Education Govt. of MP)
G.S. College of Commerce & Economics (Autonomous), Jabalpur (M.P.)
B.Com. (Final Year) Examination, June-July: 2021
MANAGEMENT GROUP (COMPULSORY)
lHkh ikWap ç'u gy djsAa lHkh ç'uksa ds vad leku gSaA
A4

Note : Attempt all the five questions. All questions carry equal marks.
Write answers of each section in A4 size or Register's paper in separate sheet.
No answer should exceed 500 words.
Section-A
MANAGEMENT ACCOUNTING
Paper-First
Max : 40 Min: 14
çca/kdh; ys[kkfof/k ls vki D;k le>rs gS\ blds çeq[k mís’;ksa ,oa egRo dks crkb;sA
What do you mean by Management Accounting? Explain its main objectives and importance.
vuqikr fo'ys"k.k D;k gS\ vuqikr fo'ys"k.k ds ykHk crkb;sA
What is Ratio Analysis? Explain the advantages of Ratio Analysis.
jksdM+ çokg fooj.k D;k gS\ bls dSls rS;kj fd;k tkrk gS\
What is cash flow statement? How it is prepared?
çcU/kdh; fu.kZ;ksa esa lhekUr ykxr fof/k ds dqN egRoiw.kZ mi;ksxksa dks crykb;sA
State some of the important applications of marginal costing for managerial decisions.
ctV] ctVu rFkk ctVjh fu;a=.k dks ifjHkkfZ"kr dhft,A ,d cM+h fuekZ.kh laLFkk esa ctVjh fu;a=.k ds ykHk
crkb;sA
Define Budget, Budgeting and Budgetary control. Give the advantages of Budgetary control in a Large
manufacturing organization.

Section-B
AUDITING
Paper-Second

(Answers to this section should be written on a separate answer sheet)

Max : 40 Min: 14
vads{k.k dks ifjHkkf"kr dhft;sA vads{k.k ds fofHkUu çdkj D;k gS\
Define Auditing. What are the different types of audit?
vads{k.k esa vkUrfjd fu;U=.k D;k gS\ blds mís’; D;k gSa\
What is Internal Checking in audit? What are its objectives?
çek.ku ds egRo dks la{ksi esa le>kb,A
Briefly explain the importance of vouching.
,d ys[kk ijh{kd ds drZO; D;k gSa\
What are the duties of an Auditor?
vads{k.k vkSj tkap esa D;k varj gSa\
What is the difference between audit and investigation?

6
 OPEN BOOK EXAMINATION SYSTEM JUNE-JULY -- 2021
(As per the order of Dept. of Higher Education Govt. of MP)
G.S. College of Commerce & Economics (Autonomous), Jabalpur (M.P.)
B.Com. (Final Year) Examination, June-July: 2021
TAX PROCEDURE & PRACTICE GROUP
lHkh ikWap ç'u gy djsAa lHkh ç'uksa ds vad leku gSaA
A4

Note : Attempt all the five questions. All questions carry equal marks.
Write answers of each section in A4 size or Register's paper in separate sheet.
No answer should exceed 500 words.

Section-A
VARIOUS CENTRAL, PROVENCIAL AND LOCAL TAXES
Paper-First
Max : 25 Min: 08
eqDr vk;kr ,oa çfrcU/kkRed vk;kr ls D;k vk’k; gS\ Hkkjr esa eqDr vk;kr ,oa çfrcaf/kr vk;kr dh enksa dh
foospuk dhft,A
What do you mean by „free import‟ and „Restricted Import‟? Discuss the items covered under free
Import and restricted imports in India.
HkaMkjx`g ls fuxZfer eknd inkFkksZa ij laxzfgr 'kqYd dh njsa ,ao x.kuk ds ckjs esa fyf[k,A
Write about rates and calculation of duty collected on intoxicants issued from warehouse.
o`fRr dj dk D;k vk’k; gS\ e-ç- O;olk; dj ¼o`fRr dj½ ds varxZr vus okys O;fDr dkSu&dkSu gS\ crykb,A
What is meant by professional Tax? Who are covered under M.P. Professional Tax?
lEifÙk ds iath;u dh çfØ;k dks le>kb,A
Explain the process of registration of properties.
LVkWEi 'kqYd dh x.kuk fdl çdkj fd;k tkrk gS\
How is stamp duty calculated?

Section-B
INCOME TAX PLANNING AND MANAGEMENT
Paper-Second

(Answers to this section should be written on a separate answer sheet)

Max : 25 Min: 08
dj fu;kstu ls D;k vk'k; gS\ dj fu;kstu ds çeq[k mís’; dks le>kb;saA
What do you mean by Tax Planning? Discuss the main objectives of Tax Planning.
dj nkf;Ro U;wure djus gsrq osru 'kh"kZd ds vUrxZr dj&eqDr HkRrks ,oa lqfo/kkvkas dk fooj.k nhft;sA
Give an account of Tax free allowances and facilities under the head Salary.
dj fu;kstu ds lUnHkZ esa edku lEifÙk ls vk; ls lEcfU/kr egkRoiw.kZ fcUnqvksa dks le>kb;sA
Discuss important points relating to income from House property in reference of Tax planning.
vk;dj vf/kfu;e esa mi;ksx fd;s x;s ^^iwt
a h ykHk**’kCn ls vki D;k le>rs gSA iwt
a h YkkHk dh eqfDr ds lEcU/k
esa D;k fu;e gSA
What do you mean by “Capital Gain” under the Income Tax Act? What are the rules regarding
exemption of capital gain?
vFkZn.M ds lEcU/k esa vk;dj vf/kfu;e ds çeq[k çko/kkuksa dk o.kZu dhft,A
Discuss the various provisions of income Tax Act regarding Penalties.