This

question paper contains 20 printed pages.J

Your Roll No......
Sr. No. of
Questiou Paper 1458

Unique Paper Code 2412201202

Name of the Paper Financial Accounting
Name of the Course B.A.(P) UGCF

Semester II July 2023

Duration:3 Hours Maximum Marks :90

Instructions for. Candidates

1.
WIite your Roll No. on the tóp immediately on receiptof this quëstion paper.
2. Attempt any five questions.
3 All questions carry equal marks.

4. Answers may be written either in English or Hindi but the same medium should be followed
throughout the paper.

reasons whether statements are true or false.

1. (a) State with (2x6)

) Accordingto acual eaicej1, IvvChues are recognized osly xhe: cashiis receivc:.

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1458 2

(0) Prudence is a concept torecognized unrealized profits and not losses.

(m) Stock in trade is valued at market value not lower of cost.

(V) Lite of abusiness is broken intoseveral parts called accounting ycars or financial
years.

(v) Salaries outstanding accoun is a

nonina! accont.
(vi) The Trial Balance is a part
of the lcdger.
(b) Discuss the.
fundamental Assumptions as per ASI: (6)

(ü)

(v)

OR
 1458

Write a short note on any three

(a) Contingent liability

ancial (b) Contingent Asset

(c) Events accruing after balance sheet date

(d) Accounting Policies

(e) GAAP
(6)

(b) rsfTE vRayf

(a) trh ftyi

(c) tqgâ

2. (a) Aman purchased a machine for Rs. 80,000 om Ist April 2019, He charges depreciation
on SLM andcloses his books on IDeceniber 31" every year. The useful life of muchine
is 8 years and the scrap value is Rs, 8000. He purchased apother nachineon * may
2020 for s. 45000with 5yers useful lite and nii residual value. ln 2019, the fust
machine was sold for Rs. 30000 on 30h June. Prepare the machinery account for the
3 years ending December 31, 2022, (10)

(b) Define the termRevenue and state the conditions that should be satisticd for tevenue
recopnition in salc of goods recopnition. ()
 4
1458
V#
2019 Rs. 80,000 4

3tt t§n 4 Rs. 8000 3eH 1

8 q 2020 Rs. 45000
5

T 0 Rs. 30000

OR

(a) Distinguish between the perpetual and periodic methods of inventory valuation.
(9)
(b) What is meant by amortization? Explain the factors affecting amortization.
(9

3. (a) A From the following figures extracted from the books of shri Govind, you are require
to prepare a trading and Profit and Loss Account for the year ended 31th March, 2022
and the Balance sheet as on that date after making the necessary adjustments:

Pratiçulars Rs. Praticuirs Rs.

Shrí Govind's Capital 2,28,800 Bills payable S,500

ShriGovind's Drawings 38,500

13,200 Opening Stock
35,200
Plant & Machinery 99,000 Wages
1458 5

66,000 Sundry Crcditors 44,000

Frechold Property
1,10,000 Postage & Telegrams 1,540
Purchases

Insurance 1,760
Return outwards 1,100

13,200 Gas & fuel 2,970

Salaries

Bad Debts 660

Office expenses 2,750

Office furniture 5,500 Office Rent 2,860

Discount A/c (Dr.) 1,320 Freigth 9;900

Sundry Debtors 29,260 Loose tãols 2,200

10% Loan to Shri Krishna 44,000 Factroy Lighting 1,100

Cash at Bank 29,260 Provision for doubtful Debts 880

Sales 2,31,440 Interest on loan to Shri Krishna 1,100

Cash in hand 2,640

Adjustments:

(a) Closing Stock was valued at Rs. 72,600.

(b) Anew machine was installed during he year costing Rs. 15,400 but it was not
recordcd in tçe books as no payment was made for it. Wages Rs. 1,I00 paid for
its erection have been debited to wages account.

(e) Depreciate plant &machinery by 33-1/3%, Furniture by 10%, Freehold property

5%

(d) Loosc 10ols were valued at Rs. 1.260

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 6
1458

are bad and should be return off.

debtors Rs, 660
(e) Ofthe sundry
provisionof5% on Sundry debtors for doubtful debts.
() Maintain a
comnnission of 10% of the nct profit after charging such
(g) the Manager is cntitledto a
commission.

cash account 2
(b)Write the difference betwcen reccipts and paynents account and

faazut Rs. faaru Rs.

2,28,800 5,500

13,200 38,500

99,000 35,200

66,000 44,000

1,10,000 1,540

1,100 1,760

13,200 2,970

2,750 660

5,500 2,660

faraise /à (Dr.) 1320 9,900

1458

29,260 2,200

44,000 1,100

29,260 880

2,31,440 1,100

2,640

(d) t Gietyti l H Rs. 1,760 4

OR

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 8
1458

income and outstanding income.

(a) Explain and illusarate accrued
b) From the Trial Balance and the necessary intomauon given below for a public scbaet
Prepare Income andExpenditure Account ior ue year z022, and a Balance Sheet
at March 31,2022.

Debt Bal an ces Rs. Credit Balances

Rs.

Building 2,50,000 Admission Fees

5,000
Furmiture &Fittings 40,000 Tuition & Other Fee[ received 2,00,009
Library Books 60,000 Creditors for Supplies 6,000
9% Investments
2,00,000 Rent for the hall 4,000
Salaries 2,00,000 Miscellaneous Receipts 12,000
Stationery 15.000 Govt. Grant
1,40,000
General Expenses 8,000 General Fund
4,00,000
Annual SportsExpenses 6,000 Donations Received for 25,000
purchase of Library Books
Cash at Bank
20,000 Sale of old furniture 8,000
Cash in hand
1,000

8,00,000 8,00,000

Fees yet to receive for the year Rs. 10.000 Salaries vet to be naid amount to Rs. 12,000.
Furniture costing Rs. 15,000was purcha2sed on 110 2021 The book value of the Frniture
sold (On 30.09.2021) was Rs. 20,000 on 01.04.2021. Depreciation is to be charge &
10% per annum on Furniture &Fittings; 15% on Library Booksand5% on Building.
1458

Rs. Rs.

f 2,50,000 5,000

40,000
2,00,000

60,000 6,000

9% A
2,00,000 4.000

2,00,000 12,000

15,000
1,40,000

8,000
4,00,000

6,000
25,000

20,000
8,000

1,000

8,00,000
8,00,000

a (30.09.2021 1) OL04.2021 t Rs. 20,000 21 t ef ER /

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 10
1458
4.
(a) Briefly explain the following terms:

) Invoice Price

() Dependent branches (3 marks cach)

() Nestle Ltd.Delhi has abranch at Ajmer. Go04s are invoiced to the branch at ooet ml.e
33Y,% Following particulars in respect of the branch are available.

Rs.
RS.
Opening stock 40,000 Goods returned by branch to H.0. 8,000

Closing stock 21,400 Depreciation on furniture 400

Cash sales 99,200 Pilferage at invoiçe price 8,000
Credit sales 44,800 Loss in transit at cost
15,000
Goods sent to branch 1,60,000 Received from Insurance 12,000
Co. against loss in transit

Discount to customers 1,60Q Direct expenses incurred by 3,680

H.0for branch

Goods returned by 800 Indirect expenses paid by 10,000

customers
H.O for branch

Normal loss at invoice 400 Cash received from debtors 40,000

price

Prepare:
(a) Branch Stock Account

(b) Branch Adjustment Account

1458 11

(c) Brand Profit and Loss Account

(d) Branch Debtors Accöunt

(c) Goods sent to branch Account (12)

(ü) tR. RAIr

40,000 8,000

21,400 400

99,200 8,000

44,800 15,000

1,60,000 12,000

1,600 3,680

800 10,000

400 40,000

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 12
1458

(iv) RAT RAGt

OR

4. (a) Explain the accounting treatment of the

following items under Stock and Debtors system
) Normal Loss

(ü) Abnormal loss

(4 marks each)
(b) The Chennai Head Office sends
goods to its branches at cost plus 25%. There 1S a'
standing instruction for branches to send all cash daily to
branch are paid by Head Office Head Office. All expenses of
itself which is allowed to maintainexXCept petty cash expenses which are met by branch
petty cash balance of Rs. 2,000 on
imprest system.
Stock at branch on 1-1-2017
at Invoiçe Price 25,600 Cash sales at branch 45,000

Debtors at branch on 1-1-2017

12,800 Cash collected from credit 75,000
Customers of branch

Petty cash balance on 1-1-2017 85,000

" 2,000 Credit sales at branch
1458 13

Bad debts 500

Branch Prepaid Rent on 1-1-2017 1,500

Discount allowed to credit

Branch Furniture.on 1-1-2017 19.200
800

Stock at branch 35,000

Goods sent to branch 95,000
on 31-12-2017.
at invoice price
$,000
Depreciate furniture @10%.
Goods returned by
branch at invoice price

Cash sent to bYanch for expenses:

Salaries @ Rs. 2,000 p.m. 24,000

18,000
Rent paid @ Rs. 1,500p.m.
900
Petty Expenses

H.0. Books. (10)

Branch Account in the
You are required to prepare

(a)

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 14
1458

25,600
TYN 1-1- 2017 41
45,000

12,800
75,000

2,000
85,000

1,500
500

1-1-2017 T 19,200
800

95,000 31-12-2017, 35,000

5,000

24,000

18,000

900

depart1ments.
5. (a) Explain in brieftthe allocation of common Cxpenditureamong diflerent (8)
1458
15

Tradingand Proft arnd Loss

(b) Fromthe following Trial prepare Departmental thzt dateinthe books
Balance.
Account for the year ended 31.3.2105 and a Balance Sheet 2s on
of P &. Co. (all
figures in rupees).
Dr. (Ps.) Cr. (Rs.)
Particulars
5,400
Stock on 14.2014 Deptt A

Deptt B 4,900

Deptt A 9,800
Purchases

Deptt B 7,350
16.900
Sales Deptt A
13.520 -
Deptt B

1.340
Deptt A
Wages
Deptt B 240

1.870
Rent
1.320
Salaries
420
Lighting and Heating
. 441
Discount allowed

Discount received

738
Adverising
469
Carrizge inwards

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1458 16

Furniture and Fittings 600

Plant and Machinery 4,200

Sundry Debtors 1,820

Sundry Creditors 3.737

Capital. 9,530

Drawings. 900

Cash in hand 32

Cash at bank 1,980

Total 43,820 43,820

The following information is also provided:

and B
(a) Rent, lighting and heating, salaries and depreciation are to be apportioned to A
departments as 2:1.
departments on suitable
(b) Other expenses and incomes are to be apportioned to A and B
basis.

(c) The following adjustments are to be made:

180; and depreciation oa
Kent pre-paid Rs. 370; Lighting and heating outstanding Rs.
furniture and fittings and plant and machinery @ 10% p.a.
A- Rs. 2,748; Department B- Rs. 2.401.
(d) Thè stock at 31.3.2015: Department (10)
1458 17

fB<. (E)
L4.2014 Ti: .faI A 5,400

faMT B 4,900

f A 9,800

faT B 7,350

fa A 16,900

fa B 13.520

faT A 1,340

fa B 240

fI 1,870

1,320

420

441

133

I.1.0.
 18
1458

738

469

600

4,200

fafay tAR (Debtors) 1,820

fafu R(Creditors) 3,737

5
9,530
900

32

1,980

43,820 43 ,820
1458 19

di
@ 10% Mf

() 31.3.2015 t ia fuA2748 à; faMT B- 2,401 4|

OR

Department
(2) Department X Sells goods to Department Y at a Profit of 25% on cost and to
of 15% and
2 at 10% profit on Cost. Department YSells goods to X and Zat aprofit
2070 on sales, respectively. Dpartment,2 charges 20% and 25% profit
on cost to

Depårtment Xand Y, respectively

Department Managers are entitled to 10% commission on net profit after eliminating
unrealized profit on depàrtmental sales. Departmental profits after charging Managers"
commission, but béfore adjustment of unrealized profit are as under:

Department X Rs. 36,000

Department Y Rs. 27.,000

Department Z Rs. 18,000

Stocks lying at different departments at the end of the years under :

Particulars Dept. X Rs. Dept. Y Rs. Dept. Z Rs.

Transfer from Department X 15,000 1,000

Transfer from Department Y 14,000 12,000

Transfer from Department Z. 6,000 5,000

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 7-o4
20
1458

Departmental profits after charging Managers'

Required: Find out the corect
comission.
(12)
Financial Lease?
(b) What are the Salient features of (6)

faMTA Z 0%
R Tu f a Y, X

farT X Rs. 36,000

faT Y. Rs. 27,000

frraT Z Rs. 18,000

faaqu faHAL. X(Rs) f a Y(Rs) faa Z(Rs.)

faH X FfayT 15,000 11,000

14,000 12,000

6,033 5,000

(500)
 ths question paper contains 12 printed pages.]
Your Roll No.......

Sr. No. of Question Paper : 4370 E

Unique Paper Code 52411201

Name of the Paper : Business Laws

Name of the Course B.Com. (P)

Semester/Scheme/Mode : II - May 2023 (CBCS)
Duration: 3 Hours Maximum Marks : 75

Instructions for Candidates

1. Write your Roll No. on the top immediately on receipt

of this question paper.
2. All questions are compulsory and carry equal
marks.

3. Answers may be written either in English or Hindi;

but the same medium should be used throughout the
paper.

P.T.0.
 2
4370

2.

3.

with reasons whether the following

1. (a) State
statemnents are true or false:

agreements are
(i) Void contracts and void
different

and need not

(ii) Undue influence is assumed

be proved

(ii) Communication of acceptance is complete

when it comes to the knowledge of the
offeror (9)

brother
(b) A promises to repay the debt of his younger
B and puts his promise in writing and gets it
registered. Later on, A refuses to pay the debt.
What remedies are available to B. (6)
4370

(OR)

(a) Comment on the following

() "Rule of estoppel does not apply to a

minor"

(i) "Oer can be subject to any terms and

conditions"

(i) *Wager is different from Insurance

contracts" (9)

(b) Ashoka, a minor was supplied some neceSsary

articles by Sumit for an agrecd price of Rs. 10000.

Can Sumit recover the agreed price from
A
shoka. (6)

2. (a) "Difficulty of performance does not discharge a

contract". Comment. (3)

(b) Write a short note on Bailee's right of Lien.

(5)

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4370 4

(e) Discuss the circumstances when an ngency by

necessity is created. (5)

(OR)

(a) "When a person makes payment which is due from

another, he can claim reimbursement from the
liable party" Connment (5)

(b) "Liability of Surety is cocxtensivewith that of the

Principal Debtor". Comment. (S)

(c) Differentiate between Unnamed Principal and

Undisclosed Principal. (S)

3. (a) Discuss, with examples, the implied conditions of

Sale by Sample. (S)

(b) "Right of stoppage in transit of an unpaid seller iN

an extension of his right of Lien". (5)

(c) Aenters in to a contract to sell a table (ready for

delivery) to B on 5 May 2023. The table to be
delivered on 8h May and price to be paid on 10th
4.370

May. When will the

your answer be the ownership pass to B. Will
same if buyer and seller have
agreed that ownership will pass only
when
table is delivered to
buyer's place. (5)

(OR)

(a) *Perishing of goods does not affect a contract of

sale" Comment giving exceptions if any. (5)

(b) Discuss the rule of Caveat-Emptor with

exceptions. (5)

(c) A ordered for 10 bottles of Champagne from B.

B delivered 15 bottles by mistake. What remedies
are available with A. Does the contract become
voidable in this case. (5)

4. (a) Differentiate between Digital Signature and

Electronic Signature. (S)

(b) Discuss the duties of Certifying Authorities.

(5)

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4370 6

(c) write a note on cyber offences involving damage

to computer resource. (5)

(OR)

(a) Discuss the circumstances when an ElectroniC

Signature Certificate is suspended or revoked.
(5)

(b) Discuss the rules relating to time and place of

dispatch and receipt of electronic records. (5)

(c) Define: Private Key, Public Key, Key Pair and

Asymmetric Crypto System. (5)

5. (a) Differentiate between LLP and a Private

Company. (5)

(b) Discuss the qualifications and Disqualifications of

a Designated Partner. (5)

(c) What is the procedure for changing the Registered

Office of an LLP?
(5)
4370 7

(OR)

(a) Discuss the prOcedure for converting aTraditional

Partnership in to LLP. (5)

(b) What are the consequences of incorporation of an

LLP? (5)

(c) Discuss the procedure for choosing and changing

the name of LLP online. (5)

(i)

(ii)

(im)
(9)

(a)

(6)
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 4370

(4r)
() Atetd R hfr:
(i)

(ü)

(üi) (9)

(a)

(6)

2.

(5)

(5)

(5)
4370 9

()

(3)

(5)

(5)

(5)

(5)

(5)

() A5 4$ 2023 B a y Cari ((srilq fey

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 4370 10

(5)

()

(5)

(5)

4.

(5)

(5)
4370 11

(a)

(5)

(n)

(5)

(5)

(a) qffsa atfy; fAt , HÁSIAEF i , t

(5)

5.

(5)

(5)

(5)
?

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4.370 12

()

(3)

() (5)

(5)

(1000)
(This question paper contains 16 printed pages.]
Your Roll No.."
E
Sr. No. of Question Paper: 4377

Unique Paper Code 52411202

and
Name of the Paper Mathematics
: Business
Statistics

Name of the Course B.Com. (P) CBCS

Semester : II

Duration: 3 Hours Maximum Marks : 75

Instructions for Candidates

1. Write your RollNo. on the top immediately on receipt

of this question paper.

2. Attempt all questions.

3. Each question has internal choice.

4. Simple calculator is allowed.

5. Answers may be written either in English or

but the same medium should be
Hindi;
used
paper. throughout the

P.T.O.
 4377 2

2.

Part A : Business Mathematics

(a) A manufacturer is engaged in the production of

1.
which are sold in three
three products P, Qand R,
different markets A, Band C.

sales of these products (in units) in

The annual
these markets are given below :
Products
R
Markets P
500
250
A 600
300
850
B 400
450
1100
C 250
4377
You are required to find:
if
() The total revenue from cach market,
760, and
these products are sold at 100,
T80 per unit respectively.
the
(ii) The gross profit from each market, if
per unit cost of producing these
products
is 80, 750, and 60 respectively. (7)

OR

(b) A company produces three products every day.

Their total production on a certain day is 45 tons.
It is found that the production of third product
exceeds the production of first product by 8 tons
while the production of first and third product is
twice the production of second product. Determine
the production level of each product using matrix
algebra. (7)

2. (a) The demand function for a certain product is given

by p = 25 + 6x - x', where x is the number of
units demanded and p is the price per unit. Obtajin
the aVerage revenue and marginal revenue
functions. What is the marginal revenue at x = 2?
(5)

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4377 4

(b) Find the clasticity of supply for the supply function

X= 3p + 7, whenp= 5 and interpret your result.
(5)

OR

(c) Given the total cost function as C= ax? + bx + c.

where a >0; b, c 0. Show that the average
and marginal cost are equal at minimum average
cOst. (5)

(d) The demand for a commodity is given by

demand
p=4- 5x'. For what value off xdoes the
have unit elasticity? (5)

compound interest on 6,950

3. (a) Find the amnount and
payable half yearly and
for 3 years if interest is
interest is 6% per annum.
(4)
the rate of

equivalent to the nominal

(b) Find the effective rate
(4)
rate of 6% converted quarterly.

OR

present value of 10,000 due in one

(C) What is the
due in two years, if the interest
year and 720,000 (4)
rate is 8% per annum.
4377

(d) Which is better from the standpoint of the

investor, 9.1% converted annually or 9% converted
quarterly? (4)

Part B : Business Statistics

1. (a) 'Different averages serve different purposes but

arithmetic mean is an ideal average that can serve
all purposes. Comment. (5)

(b) The following details are available for two factories

Aand B:

A B

470 520
Number of employees
Average daily wages (Rs.) 345 285

Standard Deviation of wages (Rs.) 50 45

(i) Which factory pays out a larger amount of

daily wages?

(iü) Which factory has greater variability in

individual wages?

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4377 6

(iii) Find the combined average daily wages and

the combined standard deviation of wages
for the two factories. (10)

OR

(c) Explain the properties of Standard Deviation.

(5)

(d) Draw a curve and obtain the values of median,

lower and upper quartiles, 9th decile and 55th
percentile from the following data

Scores Below10 10-20 20-30 30-40 40-50 50-60 60-70

Number of 36 30 24 6 21
24
students

(10)

with
2. (a) What is 'Non-sense Correlation '? Explain
(3)
examples.
advertising
(b) The following data relates to
firm
expenditure and sales revenue of a

Advertising expenditure 4 5
1 2 3
(Rs. lakhs)
Sales revenue
20 30 38 52
(Rs. lakhs) 10
4377 7

() Fit regression lines to the given data.

(ii) Estimate the likely sales revenue when
advertising expenditure is Rs. 7 lakhs.

(ii) What should be the advertising expenditure

if the firm wants to attain sales target of
Rs. 80 lakhs?

(iv) Calculate coefficient of correlation. (12)

OR

(c) What are regression coefficients? How are these

different from the correlation coefficient? Explain
their properties. (10)

(d) Calculate Karl Pearson's coefficient of correlation

from the following data

X 1 2 3 4 5 6 7 9 10

Y 11 15 17 16| 23 22 192026 31

(S)

3. (a) Explain the Moving Average Method of determining

least
trend values. Compare it with the method of
limitations
squares in terms of its merits and
(10)

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 OR

(bmpute the trend values by the method of least

NquareN tom the following data. Also estimate
the ptuwtion tor 2024.

2018 2019 2020 2021 2022

35
(XNAnes)

(10)

4 (a) What is the Consumer Price lndex? How is it

usetul" (4)

(b) Construct the Consumer Price Index Number for

2023 with 2022 as base

Item Nuel (lothing Rent Miscellaneous

20 20

75 30 40

30 45

I the monthly income of afamily was Rs. 1,00,000

in 2022, what should be its monthly income
In 2023 so as to maintain the same standard of
living? (6)
4377 9

(c) Const ruct Laspeyre's, Paasche's and Fisher's

price inden numbers from the following data. Which
of these is the 1dcal index? Why?

Currert Year
Produas (uartity
Prie uartity Prie
(Ps) (kys) (Bs) (kys)
25 4)

22 12 20

34 30 44

20 3 45

(10)

Part A : Business Mathematics

, fir AH 3 - AAI AG0 A, B Att Cc

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4377
10

P R
A
600 250 S00
B
400 850 300
250 1100 450

(7)

(7)
4377 11

2 (3) fu 3HIG fY H GI D = 25 + 6x

2? (5)

(5)

(H) C= ax? + bx + c 4 HH HH t at
g, vIEI a >0; b, c > 0 r sitea 3itt atT HT
(5)

() f t ii HT p = 4 - 5x² x fH H
fy H a1 ? (5)

(4)

(4)

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4377
12

? (4)

? (4)

Part B : Business Statistics

(5)

(a) fcui A 3r B àf MfafaH 3YTT

A B

470 520

345 285

50 45
 13
4377

(10)

(5)

20-30 30-40 40-50 50-60 60-70

10 10-20

36 30 24 9 6 21
24

(10)

2 (3) ' e a HE-Hau' ? 3e6ut HAISrI (3)

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4377 14

5
3 4
(7. TE)
52
10 20 30 38
(8, TG)

(12 )

(10)
4377 15

X 2 3 4 5
5 67 10

Y 11 15 17 16|23 22 19 20 26 31

(5)

(10)

2016 2017 2018 2019 2020 2021 2022

56 55 51 47 42 38 35
(000)

(t0)
4.

(4)
() q 2022 t 31R ht q 2023 h f 3yl

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4377 16

% 35 10 20 15 20

2022 frHT (7.) 150 25 75 30 40

2023 fHT (E.) 165 30 85 30 45

(6)

Current Year

HIT HT

(7.) (fart) (3.) (ro)

A 25 40 40 50

B 22 18 40 20

C 34 16 30 44

D 20 40 30 45

(10)

(1000)
 [This question paper contains 4 printed pages.]

Your Roll No....

Sr. No. of Question Paper : 4404 E

Unique Paper Code 52051221

Name of the Paper Hindi - A

Name of the Course B.Com. Prog.

Semester : II

Duration: 3Hours Maximum Marks : 75

2.

(10)

2. (10)

fafiagI (10)
P.T.O.
4404 2

(10)
4404 3

(10)

P.T.O.
4404 4

(10)

5. fai quit ferfa:

(#) fGTaTA

(1) wauaTE

(a) rfea faa

(5x3=15)

(200)