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Reg. No. : ..................................... Name : ..........................................
Third Semester B.Tech. Degree Examination, November 2009 (2008 Scheme) 08.302 : HUMANITIES (MPUE) Time : 3 Hours
Max. Marks : 100
Instruction : Answer Part – I and Part – II in Separate answer book. PART – I Economics Time : 2 Hours
Marks : 70 PART – A
I. Write short notes on :
(10×3=30 Marks)
a) Appropriate Technology. b) Production Possibility Curve. c) Law of Demand. d) Opportunity Cost. e) Inflation. f) Global Financial Meltdown. g) Sustainable Development h) Poverty. i) Elasticity of infinity. j) Short and Long Term Demand Forecasting. P.T.O.
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PART – B II. a) Discuss the static and dynamic functions of money. OR b) Explain the concept of Returns to Scale. Illustrate different types of returns to scale. III. a) Discuss the salient features of New Industrial Policy - 1991. OR b) How are population growth, poverty and land pressures interrelated ? Explain how these problems can create a vicious cycle of events ? (20×2=40 Marks)
PART – II Accountancy Time : 1 Hour
Marks : 30
Answer any two questions : 1. a) Explain the importance of accounting in the modern business world. b) What is a Journal ? Explain the different steps involved in the preparation of Journal. 2. Write short notes on : a) Ledger accounts b) Cash book c) Accounting packages.
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3. From the following Trial Balance of a trader as on 31st December 1994 prepare Trading and Profit and Loss account and a Balance Sheet. Trial Balance as on 31st December 1994. Particulars Capital Purchases Purchase returns Sales Sales returns Stock on 1st January 1994
Dr. Amount Rs.
Cr. Amount Rs. 40,500
45,000 3,000 72,000 2,000 15,000
Cash in hand
2,200
Salaries
3,050
Rent
1,250
Commission received
700
Discount earned
300
Wages Carriage on purchases
1,500 500
Sundry creditors
6,000
Sundry debtors
9,000
Machinery
3,000
Furniture
10,000
Land and building
30,000 1,22,500
Stock on 31st December 1994 is Rs. 21,000.
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1,22,500 (2Ă—15=30 Marks)