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ABM- numerical with solutions by Neeraj
agnihotri
1. Calculate broad money M3Currency with public- Rs 1!emand deposit with ban"ing sys-Rs
#$ther deposit with RB%- Rs #&a'ings deposit o( post o)ce
sa'ings ban"s- Rs* +ime deposits with ban"ing sys-Rs
#All deposit with post o)ce ban"ing
sys in cluding Rs * o( N&C
total-Rs 1a, Rs b, Rs c, Rs /d, Rs 0
Ans b&olution-M3 2m1time deposit with
ban"ing system
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&o M12currency with public
demand deposit with the
ban"ingsysother deposits with rbiM121##M12
+han m32#Ans m32
#. 4tn how much m* will be (rom
abo'e 5tn
a, Rs
B, Rs *
c, Rs 6
!, Rs /
Ans c
M*2m3 all deposit with post
o)cesa'ings ban"s7 e8cluding National
sa'ings certi9cates,m3 is rs (rom abo'e 5tn
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since total deposit with po is Rs1
out o( it Rs * in N&C so Rs1-
*2 Rs 6M*26
M*26
3. Calculate %n:ation o( Abccompany as price inde8 in current
year is R& 1#la"h and price inde8 in
base year is Rs 1 la"h.
a,#
b,1.#
c,.#
d,#
e, non o( these
ans a ABM- 31solutions in:ations 27 pirce inde8 in current year-price inde8 in
base year,; 7price inde8 in base year, < 1
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2 71#-1,;18port Rs /
e, %mport Rs 6
(, ta8es Rs #
g, subsidies R& 1
7on production and import,
h, Compensation o( employee Rs #
i, ?roperty %ncome Rs
3
7 net recei'able (rom aboard,
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j,total capital gains (rom (rom Rs
11
o'erseas in'estment
", %ncome earned by (oreign Rs
national domestically
4+N i, calculate @!?
a, Rs 6b, Rs6*c, Rs6#
e, Rs 61Ans c&olutions ABM-/3page@!?2C%@7-M, 21#37/-
6,
26#* .4+N ii, calculate @N?..(rom
5tn no * i,a, Rs 6#
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B, Rs 66
c,Rs 6##
d, Rs 6#6
ans d@N?2@!? NR 7total capital gains
(rom $'erseas in'estment-income
earn by (oreign national
domestically, 2 6# 711-, 26#6
*. iii, Calculate @!? at cost (actor
a, Rs 6#b, Rs 6#1c, Rs 61d, Rs 6#1
Ans c&olutions @!? at (actor rate
2@!? at mar"et prices-7%ndirectta8es-subsidies,26#-7#-1,261*, i', calculate @N%.
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a, Rs 6#b, Rs 6#*c, Rs 6*3d, Rs 6**
Ans !&olutions gross national income
2@!? at mar"et pricesta8es
less subsidies on production andimport7 Net recei'able (rom
abroad,compensation o(
employee7Net recei'able (rom
abroad, property income 7 Net
recei'able (rom Abroad,26#7#-1,#326**
. !ata o( a A to co. is as (ollows all
currency million in %ndian rupees.
Corporation ta8 Rs #%ncome ta8 Rs 3$ther ta8es and duties R& 1Customs R& 1
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Dnion e8ercise ta8 Rs #&er'ice ta8 Rs 3
+a8 o( union territories Rs 1%nterst receipt Rs 3!e'ident E pro9t Rs #>8ternal grant Rs 1$ther non ta8 re'enue Rs 1Receipt o( union territories Rs
+r( to NCC! 7National calamity Rs
1Contingency (und,&tates &hare Rs
3 4tn i, calculate Net +a8 re'enue o(
A to co.a, Rs 13b, Rs 0c, Rs 1#d, Rs 1
Ans b
&olutions Net +e8 Re'enue2@ross ta8 re'enue- NCC! trans(erred to the
National Calamity Contingency (und- state
share
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@ross ta8 re'enue 2 Corporation +a8 %ncome
ta8other ta8 E dutiescostomsunion e8cise
dutiesser'ice +a8 ta8es on union territories
2#311#31@ross +a8 Rr'enue213213-1-320
4tn ii, Calculate total Re'enue
Receipt o( A to country..a, Rs *b, Rs */c, Rs *d, Rs *#
Ansb Rs */ +otal re'nue receipt
2Net +a8 re'enuetotal non ta8re'enueCalculate 9rst N+R2@+R-NCC!-
&tate share Already calcluted in pre'ious 5tn
i.e Rs 0
+otal Non ta8 re'enue2interst
receipt!i'idend E
pro9t>8ternal grantsother Non-
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+a8 re'enueReceipt o( union
territories23#11
230Fence Net ta8 re'enue2030 2*/
6. data o( abc country.
Reco'eries o( loan E ad'anceRs 1
reco'eries o( short term loans and
ad'ances Rs3
(rom states and loans to go't ser'ents
Misc capital receipt
Rs #
Mar"et loans
Rs 3
&hort term borrowingsRs
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>8ternal assistance 7Net,
Rs #
&ecurities issued against small sa'ingsRs #
&tate pro'ident (und
Rs 1
$ther receipts 7Net,
Rs *
+otal non ta8 re'enue
Rs 3
Net ta8 re'enueRs 1
!raw down cash balance
Rs #
Gtotal re'enue receipt2net ta8
re'enue+otal non ta8 re'enue
6 a, calculate capital receiptA, Rs 1#
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B, Rs 0C, Rs #6!, Rs 1
Ans cCapital receipt 2Non debit
receipt!ebt receiptHirst calculate N!R2Reco'eries o(
loanE ad'ances7duduct reco'eries o(
short term loans E ad'ance (rom stateand loans to go't sar'ents,M%&C
Capital receipts217-3,#N!R20
+han !ebt receipt2 mar"et
loans&hort term
borrowings>8ternal assistance7N>+,
&ecurities issued 3against &mall
sa'ingsother Receipts7Net,23##1*
21Capital receipt201 2#66 b,. calculate total receipt..
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a, Rs *6b, Rs *0c, Rs /d, Rs /6
Ans is d Rs /6
Gtotal re'enue receipt2net ta8
re'enue+otal non ta8 re'enue
+otal recepipt2+otal Re'enue
receiptcapital receiptdrawdown o(
cash bal2731,#6#2/6
6 c, calculate 9nancing o( 9scal de9cit
a, Rs #b, Rs 3c, Rs #*d, Rs *6
Ans bsolutionHinancing o( 9sical de9cit2!ebt
receipt!war-down o( cash bal
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!ebt receipt2 mar"et loans&hort
term borrowings>8ternal
assistance7N>+,&ecurities issued3against &mall sa'ingsother
Receipts7Net,23##1*21
Hinancing o( 9sical de9ct21#
23
M$!DI>-B
. Mr ram wants to ha'e Rs #
a(ter a year how much he should
deposit in a ban" to get this amount i(
the pre'ailing rate o( interest is 0J
p.a.a, 1/06
b,1/1*
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c,1/##*
d,1/3*/
ans d #;1.0
/. Mr Amit purchased a property (or
Rs / lac . he has been assured to get
Rs 1 lacK a(ter one year at 0J
interest rate. Lhat is the net present'alue o( the poperty based on this
assured return.
a, Rs. 11*
b,Rs. 11/3
c, Rs. 110#
d, Rs. 1#1
Ans a 1;1.0201*31-
/2 11*
0. Mr Raj decided to deposited Rs.
7 at end o( the year, (or 1 yr .
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how much amt he will get i( the
interest rate o( is J p.a.
a,6#/0
b,6#0/
c,6/0#
d,60/#
all 'alue in Rs.
Hormula (uture 'alue end o( the period
annuties
Ans a H'2a;r 71r,n-12;.71.,1-126#/0
1.. MR. ram sons is e8pected to join
a pro(essionnal course in 3 yr (rom
now and he would be needing a sum
o( Rs 3lac at that time as admission(ee. Mr Ram wants to sa'e the amt in
annual instalments and pre'ailing
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interest rates are J Fow much amt
he should deposit per annum.
a,0163
b,0631
c,03631
d,0631
Ans A
+hus annuity gi'en the (uture 'alue
2H
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c,./
!,./*#
Ans c 21;71r,n2 1;71./,s5uare#
1#.An in'estment at 1J is
compounded monthlyK what shall be
the eect interst rate (or this.
A,1J
b,1.#J
c,1.*J
d,1.16Jans c 271.1;1#, s5are 1#-1
semi annually de'ide by #
monthly de'ide by 1#
(or daily by36
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continuous e5uare
1-1
13.A console bond o( Rs 1 isissued at 6JCoupon current interst
rates and 0J. Hind out the current
'alue o( the console bond .
a,66b,66
c,66
d,66
And c 2 1
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o
Hitesh Kothari q-1 20/132 , Q2 62/132, q3 70/132, q4 112/132
Q 15 /f debt e0(ity ratio of a (nit is $+1 c(rrent 2iabilities are 3s. 2akh e0(ity 3s. 4 2akh the total
assets of the firm will be...
As equity z givn det v! " !a#s so tota! assets$ det %equity %#&!ia i&e "%4%"4 16 +otal asstes o( a company are Rs. # la"h. !ebt >5uity Ratio is #1 and
current liabilities are Rs. 6 Ia"h. >5uity o( the company will be....O
ans +otal long term liab = 1** so e5uity = 1;3rd
5 1 %( current Ratio o( a unitis 1.#1K current assets are Ia"hK 5uic" ratio is 11
?resuming there are noprepaid e8pK in'entry will be...O
Ans ;1.# 75uic" ratio2ca-in';cl
Ans 1
4 1/ Current Ratio is #1 and current assets are Rs. 3 Ia"h. NLC will be.....O
calculate how+op o( Horm
AnsP1/ lacs. #* lacs c.a. E 6 lacs cl #*Q621/ lacs nwc
19
4tn 01 days treasury bills maturing on 6.*.#13 purchased on 1/-#-#13 rate5uoted is Rs 00.1*/0 per Rs 1 this yield o( ths + bill is
a,6./Jb,*.0J
c,.J
d, none o( the abo'e
please also e8plain your ans
1-00.1*;00.1*
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c, 16 year
d, # year
ans 1#
#1. Lhat is the easiestway to calculate 'alue o( any in'estment willbecome hal(K i( in:ation rate is J the 'alue will become hal( in howmany year.7under rule ,
a, 6 year
b, 1 year
c, 1# year
d, 16 year
ans b under rule
##. 6J coupon rate o( bond o( rs 1 what will be the amount wewill get a(ter 3 year i( compounded return is .6J.
a, 11.
b, 11.01
c, 11./
d, 1#3./
e, Non o( these
ans a
#3. 6J coupon rate o( bond o( rs 1 what will be the amount wewill get a(ter 3 year i( the coupon payment become hal( yearly thanKcompounded return is .6J only
a, 11.
b, 11.01
c, 11./
d, 1#3./
e, Non o( these
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ans b
#*. Mr. is e8pecting a cash :ow o( Rs 1 lac at the end o( 1 year(or his in'estment o( Rs / lac in a housing property K at /J discountrate what is the Net present 'alue.
a, 0#0#
b, 1#0#6
c, **
d, 1#0#6
e, None o( these
ans d 7 present 'alue 1;1/2 0#0#6 than N?2 ?- in'estment
20#0#6-/2 1#0#6 ans
#. bonds and debentures are an e8ample o(
a, term loan
b, lump-sum payment loan
c, balloon repayment laon
d, interest demand laon
e, non o( these
ansc
#6. A constant :ow paid or reci'ed at aregular inter'als (or e'er is "nownas.
a, annuity
b, peretuity
c, growing annuity
d, growing perpetuity
ans b
#. what is present 'alue o( Rs 1/ which is paid e'ery year o'er aperiod assuming the rate o( interest at 1#J
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a, 6*/6
b,6*6//
c, 6*//6
d, 6/*/6
e, non o( these
ans c 0 p'2A771r,power n -1,,;r71r,power n2 1/71.1#,power -1;.1#71.1#,power 2 13##1;.#11*26*//6
#/. $n /JK year bond o( Rs 1K the in'estors gets annuallyas..
A, / int
b, / coupon
c, / discount
d, / coupon
ans d
#0. regular repayment in the (rom o( interst on a bond is called
a, discount
b, interst
c, coupon
d, di'idend
e, installment
(, >M%
ans c
3. depending upon the current interest rates Kthe (ace 'alue o( which o( the(ollowing types o( bonds changes .
a,.:oating rate bonds
b, negotiable bonds
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c, ero coupon bonds
d, con'ertible bonds
ans b