ABM- numerical with solutions by Neeraj agnihotri 1. Calculate broad money M3 Currency with public- Rs 100000 Demand deposit with banking sys-Rs 200000 Other deposit with RBI- Rs 200000 Savings deposit of post office savings banks- Rs40000 Time deposits with banking sys-Rs 200000 All deposit with post office banking sys in cluding Rs 40000 of NSC total-Rs 100000 a) Rs 500000 b) Rs 700000 c) Rs 800000 d) Rs 900000 Ans: b Solution-M3 =m1+time deposit with banking system So M1=currency with public+ demand deposit with the bankingsys+other deposits with rbi
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ABM- numerical with solutions by Neeraj agnihotri
1. Calculate broad money M3
Currency with public- Rs 100000
Demand deposit with banking sys-Rs 200000
Other deposit with RBI- Rs 200000
Savings deposit of post office savings banks-
Rs40000
Time deposits with banking sys-Rs 200000
All deposit with post office banking sys in
cluding Rs 40000 of NSC total-Rs 100000
a) Rs 500000
b) Rs 700000
c) Rs 800000
d) Rs 900000
Ans: b
Solution-M3 =m1+time deposit with banking
system
So M1=currency with public+ demand
deposit with the bankingsys+other deposits
with rbi
M1=100000+200000+200000
M1=500000
Than m3=500000+200000
Ans m3=700000
2. Qtn how much m4 will be from above qtn
a) Rs 700000
B) Rs 740000
c) Rs 760000
D) Rs 80000
Ans :c
M4=m3 + all deposit with post officesavings banks(
excluding National savings certificates)
m3 is rs 700000 from above qtn
since total deposit with po is Rs100000 out of it
Rs 40000 in NSC so Rs100000-40000= Rs 60000
M4=700000+60000
M4=760000
3. Calculate Inflation of Abc company as price
index in current year is RS 120lakh and price
index in base year is Rs 100 lakh.
a)20
b)1.2
c).2
d)200
e) non of these
ans : a ABM- 31
solutions : inflations
=( pirce index in current year-price index in base year)/
(price index in base year) * 100
= (12000000-10000000)/10000000*100
= 2000000/10000000 *100
= 02*100
= 20
4. data of country z co. is as follows all data are
in million in Indian rupees
a) consumptions : Rs 10000
b)gross investment : Rs 20000
c)govt spending : Rs 30000
d) Export : Rs 80000
e) Import : Rs 60000
f) taxes : Rs 2000
g) subsidies : RS 100
(on production and import)
h) Compensation of employee: Rs 200
i) Property Income : Rs 300
( net receivable from aboard)
j)total capital gains from from : Rs 1100
overseas investment
k) Income earned by foreign : Rs 500
national domestically
QTN i) calculate GDP………
a) Rs 60000
b) Rs64000
c) Rs62000
e) Rs 61000
Ans: c
Solutions ABM-83page
GDP=C+I+G+(X-M)
=10000+20000+30000+(8000-6000)
=62000
4 .QTN ii) calculate GNP……..from qtn no 4 i)
a) Rs 62000
B) Rs 60600
c)Rs 62200
d) Rs 62600
ans : d
GNP=GDP+ NR (total capital gains from
Overseas investment-income earn by foreign
national domestically)
= 62000+ (1100-500)
=62600
4. iii) Calculate GDP at cost factor
a) Rs 62000
b) Rs 62100
c) Rs 60100
d) Rs 62100
Ans : c
Solutions: GDP at factor rate
=GDP at market prices-(Indirect taxes-
subsidies)
=62000-(2000-100)
=60100
4) iv) calculate GNI…….
a) Rs 62000
b) Rs 62400
c) Rs 64300
d) Rs 64400
Ans: D
Solutions : gross national income
=GDP at market prices+taxes less
subsidies on production and import( Net
receivable from abroad)+compensation of
employee(Net receivable from abroad)
property income ( Net receivable from
Abroad) =62000+(2000-100)+200+300
=64400
5. Data of a A to Z co. is as follows all currency
million in Indian rupees.
Corporation tax : Rs 200
Income tax : Rs 300
Other taxes and duties :RS 100
Customs : RS 100
Union exercise tax : Rs 200
Service tax Rs 300
Tax of union territories : Rs 100
Interst receipt : Rs 300
Devident & profit : Rs 2000
External grant : Rs 100
Other non tax revenue : Rs 1000
Receipt of union territories : Rs 500
Trf to NCCD (National calamity : Rs 100
Contingency fund)
States Share : Rs 300
5 Qtn i) calculate Net Tax revenue of A to Z
co….
a) Rs 1300
b) Rs 900
c) Rs 1200
d) Rs 1000
Ans : b Solutions: Net Tex Revenue
=Gross tax revenue- NCCD transferred to the National
Calamity Contingency fund- state share
Gross tax revenue = Corporation Tax+ Income tax+other
21. What is the easiestway to calculate value of any investment will become half, if inflation rate is 7% the value will become half in how many year.(under rule 70)
a) 6 year
b) 10 year
c) 12 year
d) 16 year
ans: b under rule 70
22. 6% coupon rate of bond of rs 1000 what will be the amount we will get after 03 year if compounded return is 5.6%.
a) 1010.77
b) 1010.91
c) 1177.58
d) 1237.58
e) Non of these
ans : a
23. 6% coupon rate of bond of rs 1000 what will be the amount we will get after 03 year if the coupon payment become half yearly than, compounded return is 5.6% only
a) 1010.77
b) 1010.91
c) 1177.58
d) 1237.58
e) Non of these
ans: b
24. Mr. X is expecting a cash flow of Rs 10 lac at the end of 01 year for his investment of Rs 8 lac in a housing property , at 08% discount rate what is the Net present value.
a) 92592
b) 125926
c) 740740
d) 125926
e) None of these
ans: d ( present value 100000/108= 925926 than NPV= PV- investment =925926-800000= 125926 ans
25. bonds and debentures are an example of………………
a) term loan
b) lump-sum payment loan
c) balloon repayment laon
d) interest demand laon
e) non of these
ans:c
26. A constant flow paid or recived at aregular intervals for ever is known as.
a) annuity
b) peretuity
c) growing annuity
d) growing perpetuity
ans: b
27. what is present value of Rs 180000 which is paid every year over a period assuming the rate of interest at 12%
a) 64860
b)646880
c) 648860
d) 684860
e) non of these
ans: c 9 pv=A((1+r)power n -1))/r(1+r)power n= 180000(1+.12)power 5- 1/.12(1+.12)power 5= 137221/.2114=648860
28. On 8%, 5 year bond of Rs 10000, the investors gets annually as……..
A) 80 int
b) 80 coupon
c) 800 discount
d) 800 coupon
ans: d
29. regular repayment in the from of interst on a bond is called……
a) discount
b) interst
c) coupon
d) dividend
e) installment
f) EMI
ans: c
30. depending upon the current interest rates ,the face value of which of the following types of bonds changes .