Upload
karan-panchal
View
300
Download
8
Embed Size (px)
Citation preview
7/26/2019 IMA ICICI ACCONTS
1/79
Exercise Book on Accounts
and Statistics
7/26/2019 IMA ICICI ACCONTS
2/79
Exercise Book on
Accounts and
Statistics
7/26/2019 IMA ICICI ACCONTS
3/79
Exercise Book on Accounts and Statistics
2
Topics
Chapter 1: Types of transactions & entries ................................................................ 3
Chapter 2: GL ............................................................................................................... 9
Chapter 3: Profitability & Ratios ................................................................................ 20
Chapter 4: Interest Calculation ................................................................................. 26
Chapter 5: Time value of Money .............................................................................. 35
Chapter 6: Measures of Central Tendency .............................................................. 49
Chapter 7: Measures of Dispersion .......................................................................... 63
7/26/2019 IMA ICICI ACCONTS
4/79
Exercise Book on Accounts and Statistics
3
Chapter 1: Types of
Transactions & Entries
7/26/2019 IMA ICICI ACCONTS
5/79
Exercise Book on Accounts and Statistics
4
Exercise No: 1
Classify the following into business/ financial and Non- business/non-financial
transactions:
1.
You receive a telephone call informing that your General Manager is visiting thebranch at 5 p.m.
2.
A customer deposits Rs. 30,000 for credit in his SB a/c.
3. A customer visits the branch and wishes to deposit Rs. 1 lakh to the credit of his
personal loan account.
4.
An application is submitted to avail a Personal Loan.
5. An amount of Rs. 3 lakhs is disbursed to Mr. Sathish as a Jewel Loan.
6.
A customer visits the branch and exchanges a Rs. 500 note and gets five Rs.100 note.
7.
Rs. 5,000 is spent by the branch for the conveyance of the staff.8.
The bank and the courier agencies entered into an agreement.
9. A courier agency picks up mail.
10.
An amount of Rs. 55,000 is paid towards the month rent of the premises.
11.You are informed that your salary has been increased by 20%.
12.
Your account has been credited with Rs. 350 towards reimbursement of taxi fares.
13.
A Customer requests for refund of Rs. 3,500.
14.A customersrequest for refund of processing charges of Rs. 3,500 is submitted to the
Regional Head for sanction.15.
A customers request for refund of processing charges of Rs. 3,500is sanctioned by
the Regional Head.
16.As per the customersrequest, an amount of Rs. 3,500 is sanctioned and disbursed to
the party.
17.
A request has been received from a customer for issue of a cheque book.
18.A cheque book of 20 leaves is issued to the customer.
19.
A customer gives a complaint for non- receipt of the ATM card.
20.An ATM card and a xPIN mailer is delivered to the client.
7/26/2019 IMA ICICI ACCONTS
6/79
Exercise Book on Accounts and Statistics
5
Exercise No: 2
Classify the items into Personal Account, Real Account and Nominal Accounts
1. Mr. GangadharSB A/c holder
2.
Mrs. Seethaa Home Loan account holder
3. Cash deposited to the credit of SB
4.
Furniture purchased by the bank
5. Courier charges paid
6.
DD commission collected
7. Rent on premises paid
8.
Rent on Safe Deposit Locker collected
9.
Interest paid on Fixed Deposits10.Interest collected from personal Loan
11.
Commission on cheque collection
12.Clearing house charges
13.
Telephone/mobile charges
14.Depreciation
15.
Computer systems
16.Expenses for painting the premises
17.
Processing Fees
18.Penalty paid
19.
Staff SB A/c
20.
Staff Loan A/cs
7/26/2019 IMA ICICI ACCONTS
7/79
Exercise Book on Accounts and Statistics
6
Exercise No: 3
From the following, identify financial transactions and specify the debit and credit of each
transaction including the accounting entries, if applicable.
1.
Mr. Anand deposits Rs 25,000 to the savings account of Mr. Suresh.
2. The bank pays Rs 2,500 as courier charges to Mr. Rathore and company.
3.
The bank recovers Rs 3,000 from Ms. Reshma as processing charges for disbursal of
home loan.
4. The bank disburses Rs 2,00,000 as personal loan to Ms. Kavita.
5.
The bank pays Rs 350 as photocopy charges.
6. A fixed deposit of Rs 10,000 is due and paid to Mr. Kumar by crediting his account.
7.
A customersrequest for issuance of a demand draft for Rs 10,000 by debiting his
savings bank account. He issues a cheque for Rs 10,250 (10,000 for DD and 250 as fee/commission). As per the request, the DD has been issued by the bank.
8. A customer submits an application for an ATM card and the same is accepted by the
bank.
9.
A jewel loan of Rs 2.5 lakhs is credited to the savings account of Ms. Prerna, an
agriculturist.
10.Process cash deposited by ICMC to the branch Rs 5 lakhs.
11.
An amount of Rs 20,000 was remitted by NEFT. The transaction was completed by
debiting the savings account of Mr. Rajen as per the cheque issued by him.
12.
An amount of Rs 5,000 was collected as safe deposit locker rent by debiting thesavings bank account of Mr. Abhigyan.
13.
Inspection that indicates there is an arrears of Rs 32,000 due in the safe deposit locker
rentals.
14.Mr. Deepak issues a cheque of Rs 2.5 lakh from his savings account for transferring
towards a fixed deposit in his own name.
15.
Mr. Pradeep issues a cheque of Rs 7,000 from his savings account and submits a pay
in slip indicating that the amount is to be credited to the savings account of Mr.
Gaurav.
16.Ms. Poonam deposits a cheque of Rs 15,000 drawn on the branch and submits a pay
in slip indicating that the amount is to be credited to the current account of
M/s.Govind and sons.
17.
Mr. Siral, a jewel loan borrower, repays Rs 25,000 in cash towards repayment of the
jewel loan availed by him.
18.A performance incentive of Rs 5,000 is credited to Mr. Kuldeeps (staff) saving
account.
19.
Rs. 2,300 has been credited to the saving account of Mr. Rajnish as quarterly interest
on his fixed deposit.
20.A demand draft of Rs 12,000 issued by ICICI Jalore branch is presented by the
customer for crediting to their savings account.
7/26/2019 IMA ICICI ACCONTS
8/79
Exercise Book on Accounts and Statistics
7
21.Mr. Gaurav makes a request through internet for transferring Rs 20,000 by NEFT at
11:00 PM. The very next day, it is observed that the balance in the savings account of
Mr. Gaurav is only Rs 15,000.
22.
Mr. Anupam approaches the teller at the branch to get change for five, one thousand
rupee notes and collects 50 notes of Rs 100.23.Ms Snehankita, a savings account holder with ICICI Bank, issues a cheque of Rs 5,000
to Mr. Raghurajan who maintains an account with Corporation Bank. The cheque was
presented by Corporation Bank and the amount was paid.
24.
Mr. Raghurajan, a savings account holder with Corporation Bank, issues a cheque of
Rs 70,000 to Ms. Snehankita who maintains an account with ICICI Bank. The cheque
was presented by ICICI Bank and the amount was paid.
25.Anil a saving account holder of deposits Rs 40,000 in cash at your branch for credit to
his savings account at Chandivali branch.
26.
An amount of Rs 5 lakhs is exchanged (provides notes of Rs 1,000 and gets notes of
Rs 100) by the teller Mr. Virendra with teller Mr. Arvind.
27.The branch indents Rs 10 lakhs from ICMC for immediate cash payments at the
branch.
28.
Mr. Hiren, a savings account holder, deposits cash of Rs 21,000 to the jewel loan
account of his father, Mr. Jatin.
29.Your branch has received a request for issuing a duplicate statement of account for a
period of 6 months from a savings account holder, Mr. Mohit. A fee of Rs 250 is
recovered from the savings account for issuing of a duplicate statement of account.
30.
ICMC officials visit the branch and an amount of Rs 10 lakhs is handed over to them
by the branch since the branch has surplus cash.31.At a standalone branch, a cheque issued by a Current Account holder, M/s Holla
Associates is presented for clearing and ICICI Bank makes the payment.
32.
Process cash Rs 5 lakh deposited by ICMC at the branch.
33.An application is submitted to avail a Personal Loan.
34.
As per the customersrequest, an amount of Rs. 3,500 is sanctioned and the amount
is refunded to the party.
35.Your account has been credited with Rs. 350 as reimbursement towards taxi charges.
36.
Mr. Suresh, a savings account holder, issues a cheque of Rs. 5,500 in favor of Mr.
Dinesh, another savings account holder of the branch. After depositing the cheque ofRs. 5,500, Mr. Suresh withdraws Rs.10,000 from his account.
37.An amount of Rs.50,000 was debited to a savings account of Mr. Manan and credited
to Recurring Deposit A/c of Mr. Manan.
38.
Two days ago, cash deposit of Rs 20,000 was kept in sundry liabilities on account of
some discrepancy in account number of Mr. Vinod. Mr. Vinod approaches the branch
with the counterfoil of the pay in slip and request for credit of the amount in his
savings account.
39.Mr. Anil, a savings account holder, deposits a cheque of Rs. 3.50 lakhs received from
M/s Ramaya & Brothers, Current A/c holder at your branch. After depositing the
7/26/2019 IMA ICICI ACCONTS
9/79
Exercise Book on Accounts and Statistics
8
cheque of Rs. 3.50 lakhs, Mr. Anil withdraws cash of Rs. 3 lakhs by issuing a cheque
on his account
40.
M/s Annanay, a Current Account holder, deposits a cheque of Rs. 10 lakhs in his
account. The cheque was issued by M/s Rammaya & sons, another current account
holder of the branch. After depositing of the cheque of Rs. 10 lakhs, M/s Annanaypurchases a DD for Rs. 10 lakhs.
7/26/2019 IMA ICICI ACCONTS
10/79
Exercise Book on Accounts and Statistics
9
Chapter 2: General Ledger
7/26/2019 IMA ICICI ACCONTS
11/79
Exercise Book on Accounts and Statistics
10
Exercise 1
A branch was opened on 2-1-2013 and the following transactions have taken place in the
branch:
(in Rs.)
1 Savings account opened by depositing cash 1,55,000
2 Current account opened by depositing cash 2,50,000
3 Fixed deposit opened
a. By transferring from saving account
b.
By transferring from current account
30,000
50,000
4 Demand draft purchased against cash (including
commission of Rs 50)
1,050
5 Cash withdrawn by a savings account holder by issuance
of cheque
5,000
6 Funds transferred through NEFT
a.
From savings account
b. From current account
6,000
25,000
7 Miscellaneous expenses (coolie charges, paid in cash) 900
8 Cheque deposited by current account holder for
presentation in outward clearing
20,000
From the above information prepare branch, prepare a GL as per the format after passing
necessary accounting entries in the branch.
7/26/2019 IMA ICICI ACCONTS
12/79
Exercise Book on Accounts and Statistics
11
Exercise 2
A branch was opened on 15-4- 2013 and the following transactions have occured in the
branch:
(in Rs.)
1 Saving account opened:
a.
Cash received
b. Cheque received (to be credited on realization)
2,30,000
5,50,000
2 Current account opened-
a. Cash received
b.
Cheque received (to be credited on realization)
25,000
25,07,000
3 Fixed deposit opened-
a.
By cash
b.
By transferring from saving account
c. By transferring from current account
12,000
50,000
50,000
4 Amount withdrawn from current account by issuance of
cheque
10,500
5 Amount transferred from current account to saving bank
account in the same branch by issuance of cheque
20,000
6 Recurring deposit account opened by transferring amount
from saving account
5,000
7 Pay order issued by debiting to current account (including
commission of Rs 150)
12,550
From the above information prepare branch, prepare a GL as per the format after passing
necessary accounting entries in the branch.
7/26/2019 IMA ICICI ACCONTS
13/79
Exercise Book on Accounts and Statistics
12
Exercise 3
Credit Balance Amount
(in Rs.)
Debit Balance Amount
(in Rs.)
1.
Demand DepositsCurrent Accounts
Savings Accounts
Overdue Deposits
Credit balance in OD/CC
55,00,000
1,25,00,000
1.
Cash2.
Balance with banks
(other banks)
3.
Loans etc.
4. Other Assets
Total of Assets
5.
Inter branch transactions
5,55,0007,25,000
45,00,000
2,22,99,500
Total of Demand Deposits 1,80,00,000
2.
Time Deposits
Fixed Deposits
Recurring Deposits
1,05,00,000
10,00,000
Total of time deposits 1,15,00,0003.
Other liabilities
4.
Inter branch transactions
Total for liabilities
5. Income
Interest
Commission
55,000
6,50,000
6. Expenditure
Interest paid on Deposits
Charges (operating
expenses)
9,00,500
12,25,000
Total Income 7,05,000 Total expenditure 21,25,500
Grand Total 3,02,05,000 Grand Total 3,02,05,000
7/26/2019 IMA ICICI ACCONTS
14/79
Exercise Book on Accounts and Statistics
13
The following transactions have taken place in your branch in a day.
(in Rs.)
1 Savings account opened by depositing cash 25,500
2 Current account opened by depositing cash 10,500
3 Fixed deposit opened
a. By transferring from saving account 1,50,000
4 Demand draft purchased against cash (including
commission of Rs 50)
950
5 Cash withdrawn by a savings account holder by issuance
of cheque
Cash deposited by customers to credit of their SA
Cash deposited in CA
12,50,500
15,25,700
9,50,550
6 Funds transferred through NEFT
a.
From savings account
b. From current account
2,50,000
15,35,350
7 Miscellaneous expenses (coolie charges, paid in cash) 450
8 Cheque deposited by current account holder for
presentation in outward clearing
9 Unprocessed cash deposited in ICMC 15,00,000
Prepare the GL at the close of the day after passing the entries listed above.
7/26/2019 IMA ICICI ACCONTS
15/79
Exercise Book on Accounts and Statistics
14
Exercise 4
Prepare the GL at the close of the day after passing the entries listed.
Credit Balance Amount
(in Rs.)
Debit Balance Amount
(in Rs.)
1. Demand Deposits
Current Accounts
Savings Accounts
Overdue Deposits
Credit balance in OD/CC
2,55,10,000
4,25,15,000
1. Cash
2. Balance with banks (other
banks)
3. Loans etc.
4. Other Assets
Total of Assets
5. Inter branch transactions
10,55,000
17,25,000
55,00,000
7,59,74,500
Total of Demand Deposits 6,80,25,000
2. Time Deposits
Fixed DepositsRecurring Deposits
2,05,00,00010,50,000
Total of time Deposits 2,15,50,000
3.
Other Liabilities
4.
Inter branch transactions
Total for liabilities
5.
Income
Interest
Commission
1,55,000
16,50,000
6.
Expenditure
Interest paid on Deposits
Charges (operating
expenses)
39,00,500
32,25,000
Total Income 18,05,000 Total expenditure 71,25,500
Grand Total 9,13,80,000 Grand Total 9,13,80,000
7/26/2019 IMA ICICI ACCONTS
16/79
Exercise Book on Accounts and Statistics
15
The following transactions have taken place in your branch in a day.
(in Rs.)
1 Cash credited to the Loan accounts (maintained at the
branch)
15,500
2 Current account opened by depositing cash 10,500
3 Fixed deposit opened
a.
By transferring from saving account 2,50,000
4 Demand draft purchased against cash (including
commission of Rs 50)
2,950
5 Cash withdrawn by a savings account holder by issuance
of cheque
Cash deposited by customers to credit of their SA
Cash deposited in CA
2,50,500
10,25,700
19,50,050
6 Funds transferred through NEFT a. From savings account
b.
From current account
c.
DDs issued by debiting to CA (commission Rs. 5,600)
2,50,000
15,35,350
13,50,850
7 Taxi charges reimbursed to staff (SB) account. 1,450
8 Cheque deposited by current account holder for
presentation in outward clearing
24,58,900
9 Unprocessed cash deposited in ICMC 15,00,000
10 Cheques issued by our customers debited to their A/c in
clearing:
a.
SB
b.
Current Account
3,00,550
34,55,750
11 Cheques deposited by the customers on other local banks
and credited to their account:
a. SB
b.
CA
2,55,000
22,57,500
7/26/2019 IMA ICICI ACCONTS
17/79
Exercise Book on Accounts and Statistics
16
Exercise 5
Prepare the GL at the close of the day after passing the entries listed.
Credit Balance Amount
(in Rs.)
Debit Balance Amount
(in Rs.)
1. Demand Deposits
Current Accounts
Savings Accounts
Overdue Deposits
Credit balance in OD/CC
55,00,000
1,25,00,000
1. Cash
2. Balance with banks (other
banks)
3. Loans etc.
4. Other Assets
Total of Assets
5. Inter branch transactions
5,55,000
7,25,000
45,00,000
2,22,99,500
Total of Demand Deposits 1,80,00,000
2. Time Deposits
Fixed DepositsRecurring Deposits
1,05,00,00010,00,000
Total of time Deposits 1,15,00,000
3.
Other Liabilities
4.
Inter branch
transactions
Total for liabilities
5.
Income
Interest
Commission
55,000
6,50,000
6.
Expenditure
Interest paid on Deposits
Charges (operating expenses)
9,00,500
12,25,000
Total Income 7,05,000 Total expenditure 21,25,500
Grand Total 3,02,05,000 Grand Total 3,02,05,000
7/26/2019 IMA ICICI ACCONTS
18/79
Exercise Book on Accounts and Statistics
17
The following transactions have taken place in your branch in a day.
(in Rs.)
1 Savings account opened by depositing cash 25,500
2 Current account opened by depositing cash 10,500
3 Fixed deposit opened
a. By transferring from saving account 1,50,000
4 Demand draft purchased against cash (including
commission of Rs 50)
950
5 Cash withdrawn by a savings account holder by issuance
of cheque
Cash deposited by customers to credit of their SA
Cash deposited in CA
12,50,500
15,25,700
9,50,550
6 Funds transferred through NEFT
a.
From savings accountb.
From current account2,50,000
15,35,350
7 Miscellaneous expenses (coolie charges, paid in cash) 450
8 Cheque deposited by current account holder for
presentation in outward clearing
9 Unprocessed cash deposited in ICMC 15,00,000
7/26/2019 IMA ICICI ACCONTS
19/79
7/26/2019 IMA ICICI ACCONTS
20/79
Exercise Book on Accounts and Statistics
19
Exercise 7
From the following transactions, ascertain the net impact on the various GL items at the
branch level:
Sl.No.
Particulars Amount (in Rs.)
1 Cash deposited by CA customers of the branch 2,45,800
2 Cash deposited by CA customers of other branches 55,000
3 Cash deposited for opening new CAs 30,000
4 Cheque drawn on other branches of the bank deposited by
CA customers of the Bank (and the cheques are passed)
35,000
5 Cash deposited to ICMC by the branch 10,00,000
6 Interest paid on FD by crediting to SB A/c
And closure of FD by crediting the proceeds to SB
37,550
259,000
7 Jewel Loan Closed: Principal Rs.225,000 and interestRs.14,500 by debiting to SB account
239,500
8 Clearing cheques (inward) realised and amount debited to
the accounts:
a. SA
b.
CA
2,50,450
30,50,600
9 Amount received at local bank account (SBI) by means of
RTGS from our Mumbai Office.
10,00,000
10 RTGS credits received by the customers:
a.
SB
b. CA
19,60,000
15,54,550
7/26/2019 IMA ICICI ACCONTS
21/79
7/26/2019 IMA ICICI ACCONTS
22/79
Exercise Book on Accounts and Statistics
21
Exercise No: 1
Question: Exercise on understanding Transfer Price Mechanism
From the following information, compute the transfer price the branch will receive/pay for
the year ending March 2013:
Average:
Particulars Amount (Rs in Crs) Incentive/dis incentive
Average CA 55.25 6.25%
Average SA 125.30 3.15%
Average Time Deposits 80.45 0.90%
Average Cash in Hand 0.125
Cash Retention Limit 0.10 (- 7.50%) *
Average Local Bank Balance (SBI) 0.11Limit fixed for Local Bank Balance
(Average)
0.075 (- 6.50%) *
(*Recovery is done in TPM for the surplus balances over and above the limits kept by the
branches)
7/26/2019 IMA ICICI ACCONTS
23/79
Exercise Book on Accounts and Statistics
22
Exercise No: 2
Exercise on Profitability: Quiz
Identify the following as: (1) Interest income, (2) Non interest Income (3) Interest
Expenses and (4) Non-interest expenses.
Mention true/false: one right answer gets one mark and one wrong answer gets one
negative marks.
1.
Increase in cash holding at the branches will improve the profitability of the branch.
2. Increase in CA will have more impact on profitability than increase in SA.
3.
Increase in the balances with local bank (SBI) will reduce the profitability of the
branch.
4. CASA % is a relation between total of CASA to total business of the branch.
5.
Locker rent is an example of non- interest income.
6. The level of achievement in LI business will not have any impact on the profitability of
the branch.
7.
Transfer pricing is normally computed at the branch level.
8. Incentive to the branch in Transfer pricing is more for CAs than SAs.
9.
In the absence of proper Transfer pricing mechanism, many of the liability branches
may show losses.
10.
The principles involved in Transfer pricing are uniform across the banks since the
mechanism of Transfer Pricing is regulated by RBI.
11.
The bank gets non- interest income from Bank Guarantee business.
12.
Interest Paid on SB is an interest expense.
13.Existence of overdue deposits will improve the share of CASA.
14.
Banks encourage remittance business since banks get both fee income and float.
15.Sale of gold coins have no bearing on profitability of the branch.
16.
Staff cost is an example of non-interest expenses.
17.Higher the share of FDs in a branch, higher will be the profit since these deposits are
not withdrawn before due dates.
18.
Banks encourage Non fund base limit mainly to get interest income.
19.Processing fee levied on disbursement of a home loan is a part of interest income
20.
Premises rent is a part of non- interest expenditure.
21.Term deposits are treated as Assets in the balance sheet.
7/26/2019 IMA ICICI ACCONTS
24/79
7/26/2019 IMA ICICI ACCONTS
25/79
Exercise Book on Accounts and Statistics
24
Exercise No: 4
With the given data, calculate the answers.
Sl.
No.
Particulars Average Total (in
Rs.)
1 CA 905
2 SB 1,225
3 TD 2,550
4 Advances 2,125
5 Investments 1,250
6 Interest paid on SB 41
7 Interest paid on TD 165
8 Interest received on Advances 247
9 Interest received on investments 92
Sl.
No.
Calculate
1 Cost of SB (%)
2 Cost of TD (%)
3 Cost of Deposits (%)
4 Yield on advances (%)
5 Net interest income (NII) Rs
6 Interest spread %7 Total Deposits
8 CASA %
CASA (Rs)
CASA %
9 Total Business (Rs)
10 NIM -%
pa
7/26/2019 IMA ICICI ACCONTS
26/79
Exercise Book on Accounts and Statistics
25
Exercise No: 5
From the data provided compute: Capital Adequacy Ratio, YOY growth in deposits and
advances, CAGR (between 2012 and 2009) of deposits and advance, Return on Equity,
Credit Deposit Ratio, Cost to Income.
[Amount in Rs Crs]
Particulars March 2009
(in Rs.)
March 2010
(in Rs.)
March 2011
(in Rs.)
March 2012
(in Rs.)
Capital Funds 100 120 135 155
Risk weighted Assets 1,000 1,150 1,330 1,690
Total Deposits 1,600 1,750 1,850 2,125
Total Advances 1,050 1,125 1,295 1,425
Net Profit 15 20 26 32
Capital + Reserves 95 110 125 140Cost 101 190 260 310
Income 235 425 535 665
Comment on the movement of these ratios over the years.
7/26/2019 IMA ICICI ACCONTS
27/79
Exercise Book on Accounts and Statistics
26
Chapter 4: Interest
Calculation
7/26/2019 IMA ICICI ACCONTS
28/79
7/26/2019 IMA ICICI ACCONTS
29/79
Exercise Book on Accounts and Statistics
28
18.
Nibu Abraham Mathew deposits Rs. 65,000 for 32 days at a fixed % of SI and
earns a total sum of Rs. 65,285. Calculate the simple rate of interest earned per
annum.
19.
Nikita Agrawal deposits Rs. 76,000 for 77 days at a fixed % of SI and earns a
total sum of Rs. 76,641. Calculate the simple rate of interest earned per annum.20.
Nitish Goyal deposits Rs. 93,000 for 10 days at a fixed % of SI and earns a total
sum of Rs. 93,102. Calculate the simple rate of interest earned per annum.
21.
Manjari Bala deposits certain amount for 55 days at 6% SI and earns a total
sum of Rs. 93,841. Calculate the initial deposit.
22. Manoj Kumar deposits certain amount for 82 days at 4% SI and earns a total
sum of Rs. 41,368. Calculate the initial deposit.
23.
Manoj Kumar deposits certain amount for 49 days at 9% SI and earns a total
sum of Rs. 89,063. Calculate the initial deposit.
24.
Manthripragada Sahithi deposits certain amount for 78 days at 10% SI and
earns a total sum of Rs. 49,026. Calculate the initial deposit.
25.
Mounika Tadikonda deposits certain amount for 83 days at 9% SI and earns a
total sum of Rs. 61,228. Calculate the initial deposit.
26.
Vikram Chander Gorrepati takes a personal loan of Rs. 1,40,000 for 90 days at
2%simple interest per month. Calculate the amount to be repaid on due date.
27. Narendra Koya takes a personal loan of Rs. 7,70,000 for 45 days at 3% simple
interest per month. Calculate the amount to be repaid on due date.
28. Abhilasha Goswami takes a personal loan of Rs. 4,50,000 for 90 days at 0.5%
simple interest per month. Calculate the amount to be repaid on due date.
29.
Abhishek Kumar takes a personal loan of Rs. 8,40,000 for 75 days at 0.5%simple interest per month. Calculate the amount to be repaid on due date.
30. Akash Nigam takes a personal loan of Rs. 1,90,000 for 20 days at 1.5% simple
interest per month. Calculate the amount to be repaid on due date.
31. Satyajit Nayak deposits Rs. 93,000 for 15 days at 4.25% compound interest per
annum. Calculate the terminal value.
32.
Satya Sudhir Gurrala deposits Rs. 86,000 for 15 days at 5.5% compound
interest per annum. Calculate the terminal value.
33.
Satish Kumar Boddani deposits Rs. 23,000 for 18 days at 2.25% compound
interest per annum. Calculate the terminal value.
34.
Samir Kumar deposits Rs. 20,000 for 2 days at 2.5% compound interest per
annum. Calculate the terminal value.
35.
Sai Gandhi Gokarakonda deposits Rs. 47,000 for 5 days at 5.75% compound
interest per annum. Calculate the terminal value.
36.
Madhuri Joshi invests Rs. 37,000 for 2 years at 10.5% per annum
compounded monthly. Calculate the redemption value.
37. Manish Kumar invests Rs. 31,000 for 2 years at 8% per annum compounded
monthly. Calculate the maturity value.
38. Md. Layeeque Ullah invests Rs. 13,000 for 1.5 years at 9.5% per annum
7/26/2019 IMA ICICI ACCONTS
30/79
Exercise Book on Accounts and Statistics
29
compounded monthly. Calculate the redemption value.
39. Mehak Bhatia invests Rs. 61,000 for 1.5 years at 6% per annum compounded
monthly. Calculate the maturity value.
40.
Mohammad Ahmad Khan invests Rs. 41,000 for 1.5 years at 8% per annum
compounded monthly. Calculate the redemption value.41.
Ramita Ramraya Nayak invests Rs. 44,000 in FD for 2 years at 3% per annum
compounded quarterly. Calculate the maturity value of the FD.
42.
Rakesh Kumar Reddy Gondi invests Rs. 56,000 in FD for 4.5 years at 10.5%
per annum compounded quarterly. Calculate the maturity value of the FD.
43. Rajendran Kavitha invests Rs. 34,000 in FD for 4 years at 9.5% per annum
compounded quarterly. Calculate the maturity value of the FD.
44.
Rajan Jha invests Rs. 44,000 in FD for 1.5 years at 8% per annum
compounded quarterly. Calculate the maturity value of the FD.
45.
Rahul Das invests Rs. 18,000 in FD for 2.5 years at 6% per annum
compounded quarterly. Calculate the maturity value of the FD.
46.
Vikram Chander Gorrepati deposits Rs. 47,000 for 4.5 years at 6.25% per
annum compounded semi-annually. Calculate the maturity value.
47. Pesar Kishore deposits Rs. 90,000 for 9.5 years at 5% per annum compounded
semi-annually. Calculate the maturity value.
48. Neha Hemant Choudhari deposits Rs. 94,000 for 3 years at 4.25% per annum
compounded semi-annually. Calculate the maturity value.
49. Radhika Modi deposits Rs. 49,000 for 4.5 years at 4.25% per annum
compounded semi-annually. Calculate the maturity value.
50.
Puttam Prasad deposits Rs. 29,000 for 9.5 years at 5% per annumcompounded semi-annually. Calculate the maturity value.
51. Surendra Kumar Barik takes a personal loan of Rs. 64,000 for 85 days at 2%
per annum simple interest. Calculate the amount to be repaid on due date.
52.
Swati Jayaraman takes a personal loan of Rs. 98,000 for 40 days at 8% per
annum simple interest. Calculate the amount to be repaid on due date.
53.
Trideep Jyoti Deka takes a personal loan of Rs. 53,000 for 55 days at 6% per
annum simple interest. Calculate the amount to be repaid on due date.
54.
Vamsy Ajay Bolla takes a personal loan of Rs. 68,000 for 5 days at 8% per
annum simple interest. Calculate the amount to be repaid on due date.
55.
Varada Viswanathan takes a personal loan of Rs. 85,000 for 70 days at 3.5%
per annum simple interest. Calculate the amount to be repaid on due date.
56.
Kottu Ramalakshmi deposits Rs. 28,000 for 70 days at 5.5% simple interest.
Calculate interest earned on the day of redemption.
57. Karthik Udayakumar deposits Rs. 25,000 for 35 days at 2% simple interest.
Calculate the interest earned on the day of maturity.
58. Karthik Krishnappa deposits Rs. 87,000 for 85 days at 6% simple interest.
Calculate interest earned on the day of redemption.
59. Jitendra Kumar Sahoo deposits Rs. 71,000 for 5 days at 3.5% simple interest.
7/26/2019 IMA ICICI ACCONTS
31/79
7/26/2019 IMA ICICI ACCONTS
32/79
7/26/2019 IMA ICICI ACCONTS
33/79
Exercise Book on Accounts and Statistics
32
01-02-2013 By Clearing 1234 15,000 37,166.67
01-03-2013 Pos Prch, Pos 0000482 7,000 29,666.67
14-03-2013 Bulk Posting, By Salary 20,000 49,666.67
21-03-2013 To ATM, TxN:34667 10,000 39,666.67
Calculate the interest to be credited on 31-03-2013 by assuming an interest rate perannum as 4%.
4. Mrs. Sujatha has a Saving Bank account with us and her pass book entries are as
follows:
Date Particulars Debit (in
Rs.)
Credit (in
Rs.)
Balance
(in Rs.)
01-10-2012 By balance c/f 54,000 25,000
02-12-2012 By NEFT 45678 Janani Infotech 55,000 80,000
12-12-2012 By Clearing 30789 1,66,000 2,47,000
14-12-2012 To cheque No.32165 Rajadeep Jewels 83,250 1,63,75001-01-2013 By Clearing 31456 83,250 2,47,000
05-01-2013 To ATM, TxN:43256 1,11,000 1,36,000
01-02-2013 To ECS Airtel 18,000 1,17,000
01-03-2013 Pos Prch, Pos 00980 41,625 75,875
01-04-2013 By interest 1,543.70 77,418.7
Mrs. Sujata is not convinced that with the amount of interest credited to her account for
the period starting from October to March 2013 is correct. Recalculate SB interest and
rectify the mistake, if any.
5.
Mr. Sandeep Sharma has an SB account with ICICI Bank and his pass book has thefollowing entries:
Date Particulars Debit (in
Rs.)
Credit (in
Rs.)
Balance
(in Rs.)
01-12-2012 By Initial Deposits 5,000 5,000
12-12-2012 To cheque No.234 Ramya 4500 500
14-12-2012 Bulk Posting, By Salary 20,000 20,000
01-01-2013 By clearing -4094 2,000 23,000
05-01-2013 To ECS Bescom 833.3333 22,166.67
01-02-2013 By Clearing 1234 15,000 37,166.67
01-03-2013 Pos Prch, Pos 0000482 7,000 29,666.6714-03-2013 Bulk Posting, By Salary 20,000 49,666.67
21-03-2013 To ATM, TxN:34667 10,000 39,666.67
Calculate the interest to be credited on 31-03-2013 by assuming an interest rate per
annum as 4%.
7/26/2019 IMA ICICI ACCONTS
34/79
7/26/2019 IMA ICICI ACCONTS
35/79
Exercise Book on Accounts and Statistics
34
8.
A page from Systems infos Current account appears as follows. Calculate interest
on OD for the month. ROI pa: 14%.
OD limit Rs. 71,85,000
Date
(mm/dd/yy)
Particulars Debit (in
Rs.)
Credit
(in Rs.)
Closing
balance(in Rs.)
01-06-2011 Balance B/F 6,000 6,000
02-06-2011 To cheque No. 23450 Vincent & co 78,000 -71,000
03-06-2011 To incidental charges chq.No.5678
returned
350 -71,850
04-06-2011 By NEFT 3457 Nishanth Info ltd. 1,00,000 28,150
13-06-2011 By cash 3,00,000 3,28,150
15-06-2011 To RTGS 6789 Keerthi Enterprise 2,00,000 1,28,150
17-06-2011 To cheque No. 23456 DD 1,50,000 -21,850
20-06-2011 By clearing 34567-34569 30,000 1,58,15025-06-2011 To cheque No. 23450 Vincent& co 2,00,000 -41,850
30-06-2011 By NEFT 4356 Subhadra. 1,00,000 58,150
9.
Kanthi Textiles has taken an overdraft of Rs. 5,50,000 on 1st April 2013. They
repay Rs. 1,20,000 on 4th April 2013 and Rs. 90,000 on 14th April 2013 and
rest of the amount on 21st April 2013. Calculate the interest to be charged for
the month by assuming the interest rate as 18% per annum.
10. Vinay Expo has taken an overdraft of Rs. 5,00,000 on 2nd April 2013. They
repay Rs. 40,000 on 5th April 2013 and Rs. 1,00,000 on 15th April 2013 and
rest of the amount on 22nd April 2013. Calculate the interest to be charged for
the month by assuming the interest rate as 15% per annum.
11.
VR trading has taken an overdraft of Rs. 8,00,000 on 3rd April 2013. They
repay Rs. 1,60,000 on 6th April 2013, Rs. 40,000 on 16th April 2013 and rest of
the amount on 23rd April 2013. Calculate the interest to be charged for the
month by assuming the interest rate as 17% per annum.
12. Yamini Info has taken an overdraft of Rs. 7,50,000 on 4th April 2013. They
repay Rs. 1,80,000 on 7th April 2013, Rs. 1,00,000 on 17th April 2013 and rest
of the amount on 24th April 2013. Calculate the interest to be charged for the
month by assuming the interest rate as 13% per annum.
13.
Maruti travels has taken an overdraft of Rs. 8,50,000 on 5th April 2013. They
repay Rs. 1,20,000 on 8th April 2013, Rs. 90,000 on 18th April 2013 and rest of
the amount on 25th April 2013. Calculate the interest to be charged for themonth by assuming the interest rate as 18% per annum.
7/26/2019 IMA ICICI ACCONTS
36/79
7/26/2019 IMA ICICI ACCONTS
37/79
7/26/2019 IMA ICICI ACCONTS
38/79
7/26/2019 IMA ICICI ACCONTS
39/79
Exercise Book on Accounts and Statistics
38
Calculate the amount available in his PPF account with interest at the end of
the 4th year, if the ROI per annum is 7%.
15. Neha Chaturvedi invests Rs. 70,000, 30,000, 73,000 and 29,000 at the
beginning of 1st, 2nd, 3rd and 4th year respectively in his PPF account.
Calculate the amount available in his PPF account with interest at the end of
the 4th year, if the ROI per annum is 9%.
7/26/2019 IMA ICICI ACCONTS
40/79
7/26/2019 IMA ICICI ACCONTS
41/79
7/26/2019 IMA ICICI ACCONTS
42/79
Exercise Book on Accounts and Statistics
41
43.
Nalinee Singh Sachan wants to earn Rs. 6,10,000 at the end of every year for 5
years after her retirement. If she is retiring today and wants to deposit a lump
sum amount for this purpose, how much you would ask her to deposit, if the
assured return is 7% per annum.
44.
Navita Khandelwal wants to earn Rs. 5,50,000 at the end of every year for 3years after her retirement. If she is retiring today and wants to deposit a lump
sum amount for this purpose, how much you would ask her to deposit, if the
assured return is 8% per annum.
45.
Neha Tiwari wants to earn Rs. 8,50,000 at the end of every year for 8 years
after her retirement. If she is retiring today and wants to deposit a lump sum
amount for this purpose, how much you would ask her to deposit, if the
assured return is 5% per annum.
46.
Printha Gnana Fernando wants to earn Rs. 6,00,000 at the end of every year for
11 years after her retirement. If she is retiring today and wants to deposit a
lump sum amount for this purpose, how much would you ask her to deposit, ifthe assured return is 9% per annum.
47.
Pratima Rani wants to earn Rs. 1,40,000 at the end of every year for 3 years
after her retirement. If she is retiring today and wants to deposit a lump sum
amount for this purpose, how much would you ask her to deposit, if the
assured return is 9% per annum.
48.
Pragya Singh wants to earn Rs. 1,40,000 at the end of every year for 3 years
after her retirement. If she is retiring today and wants to deposit a lump sum
amount for this purpose, how much would you ask her to deposit, if the
assured return is 8% per annum.
49. Poorvi Gandhi Sehgal wants to earn Rs. 7,40,000 at the end of every year for
10 years after her retirement. If she is retiring today and wants to deposit alump sum amount for this purpose, how much would you ask her to deposit, if
the assured return is 5% per annum.
50.
Poonam Bhalothia wants to earn Rs. 6,80,000 at the end of every year for 8
years after her retirement. If she is retiring today and wants to deposit a lump
sum amount for this purpose, how much would you ask her to deposit, if the
assured return is 12% per annum.
51. Deepak Sharma has taken a Housing Loan of Rs. 67,00,000 at 14% per annum.
Compute the EMI, if he has to repay the same in 6 months.
52. Deepak Saini has taken a Housing Loan of Rs. 84,00,000 at 10% per annum.
Compute the EMI, if he has to repay the same in 11 months.
53.
Deepak Kumar has taken a Housing Loan of Rs. 81,00,000 at 12% per annum.
Compute the EMI, if he has to repay the same in 10 months.
54.
Dheeraj Kalra has taken a Housing Loan of Rs. 53,00,000 at 13% per annum.
Compute the EMI, if he has to repay the same in 8 months.
55. Dhiraj Kumar has taken a Housing Loan of Rs. 56,00,000 at 13% per annum.
Compute the EMI, if he has to repay the same in 6 months.
7/26/2019 IMA ICICI ACCONTS
43/79
Exercise Book on Accounts and Statistics
42
56.
D V S Srikanth has taken an Auto Loan of Rs. 3,00,000 at 16% per annum.
Compute the EMI, if he has to repay the same in 3 months.
57.
Chirag Mukhija has taken an Auto Loan of Rs. 6,00,000 at 9% per annum.
Compute the EMI, if he has to repay the same in 9 months.
58.
Chinnabbai Kommoju has taken an Auto Loan of Rs. 4,00,000 at 9% perannum. Compute the EMI, if he has to repay the same in 8 months.
59.
Chinmaya Srivastava has taken an Auto Loan of Rs. 2,00,000 at 16% per
annum. Compute the EMI, if he has to repay the same in 5 months.
60.
Chidurala Srinivas has taken an Auto Loan of Rs. 2,00,000 at 13% per annum.
Compute the EMI, if he has to repay the same in 11 months.
61.
Anusmrit Nawankur has taken a Housing Loan of Rs. 52,00,000 at 11% per
annum. Compute the EMI, if he has to repay the same in 4 yearly instalments.
62. V Balasubramanyam has taken a Housing Loan of Rs. 49,00,000 at 10% per
annum. Compute the EMI, if he has to repay the same in 5 yearly instalments.
63.
Bipin Kumar Yadav has taken a Housing Loan of Rs. 44,00,000 at 12% perannum. Compute the EMI, if he has to repay the same in 6 yearly instalments.
64. Ganesh Ashok Jaju has taken a Housing Loan of Rs. 15,00,000 at 11% per
annum. Compute the EMI, if he has to repay the same in 5 yearly instalments.
65.
Arvind Kumar Lamba has taken a Housing Loan of Rs. 27,00,000 at 12% per
annum. Compute the EMI, if he has to repay the same in 7 yearly instalments.
66. Balamurugan V has taken an Educational Loan of Rs. 4,50,000for his masters
degree at 4% per annum. Compute the EAI, if he has to repay the same in 9
yearly instalments.
67.
Ashwani Kumar has taken an Educational Loan of Rs. 16,00,000 for hismasters degree at 7%per annum. Compute the EAI, if he has to repay the
same in 3 yearly instalments.
68. Ashish Tiwari has taken an Educational Loan of Rs. 13,50,000for his masters
degree at 4% per annum. Compute the EAI, if he has to repay the same in 5
yearly instalments.
69.
Ashish Sharma has taken an Educational Loan of Rs. 9,50,000for his masters
degree at 6% per annum. Compute the EAI, if he has to repay the same in 8
yearly instalments.
70. Ashish Mishra has taken an Educational Loan of Rs. 19,00,000for his masters
degree at 6% per annum. Compute the EAI, if he has to repay the same in 9
yearly instalments.
71.
Pritpal Singh Kohar has taken an Auto Loan of Rs. 10,00,000 at 14% per
annum. Compute the EMI for the same is Rs. 1,06,528. Calculate the amount to
be repaid to close the loan account after paying 5 monthly instalments.
72.
Rachit Agrawal has taken an Auto Loan of Rs. 7,00,000 at 13% per annum.
Compute the EMI for the same is Rs. 43,013. Calculate the amount to be repaid
to close the loan account after paying 6 monthly instalments.
73.
Rahul Raina has taken an Auto Loan of Rs. 3,00,000 at 16% per annum.
Compute the EMI for the same is Rs. 29,503. Calculate the amount to be repaid
to close the loan account after paying 3 monthly instalments.
7/26/2019 IMA ICICI ACCONTS
44/79
7/26/2019 IMA ICICI ACCONTS
45/79
7/26/2019 IMA ICICI ACCONTS
46/79
Exercise Book on Accounts and Statistics
45
103.
If you are given an option either to receive before or a sum of Rs. 51,040 or
stipend of Rs. 2,600 for the first 8 months and Rs. 8,400 for the remaining 4
months of the course, calculate the present value of cash inflow. Which option
is favourable to you? Assume required ROI per annum as 8%.
104. If you are given an option either to receive before or a sum of Rs. 48,400 or
stipend of Rs. 2,000 for the first 8 months and Rs. 9,000 for the remaining 4
months of the course, calculate the present value of cash inflow. Which option
is favourable to you? Assume required ROI per annum as 8%.
105.
If you are given an option either to receive before or a sum of Rs. 61,140 or
stipend of Rs. 2,900 for the first 6 months and Rs. 8,100 for the remaining 6
months of the course, calculate the present value of cash inflow. Which option
is favourable to you? Assume required ROI per annum as 8%.
106. You have won a contest and have 4 options for the reward. A) Rs. 62,00,000
on the spot now. B) Rs. 73,66,220 after 2 years from now. C) Annuity of Rs.
8,85,714 for 7 years. D) An annuity of Rs.4,96,000 forever. Which option do
you think would be most beneficial to you? Justify your answer.
107. You have won a contest and have 4 options for the reward. A) Rs. 74,00,000
on the spot now. B) Rs. 1,47,44,964 after 8 years from now. C) Annuity of
Rs.8,22,222 for 9 years. D) An annuity of Rs.5,92,000 forever. Which option do
you think would be most beneficial to you? Justify your answer.
108.
You have won a contest and have 4 options for the reward. A) Rs. 82,00,000
on the spot now. B) Rs. 97,42,420 after 2 years from now. C) Annuity of
Rs.11,71,429 for 7 years. D) An annuity of Rs.6,56,000 forever. Which option
do you think would be most beneficial to you? Justify your answer.
109.
You have won a contest and have 4 options for the reward. A) Rs. 71,00,000
on the spot now. B) Rs. 1,00,22,229 after 4 years from now. C) Annuity of
Rs.11,83,333 for 6 years. D) An annuity of Rs.5,68,000 forever. Which option
do you think would be most beneficial to you? Justify your answer.
110. You have won a contest and have 4 options for the reward. A) Rs. 90,00,000
on the spot now. B) Rs. 1,50,93,901 after 6 years from now. C) Annuity of
Rs.22,50,000 for 4 years. D) An annuity of Rs.7,20,000 forever. Which option
do you think would be most beneficial to you? Justify your answer.
111.
Sachin Chauhan has a sum of Rs. 114.457 million in his fixed deposit, which is
maturing today and if he reinvests, he will get an assured return of 6% per
annum, but he wants to invest in his friends business and earn an annuity of
Rs. 17 million per annum for 8 years. Comment on his investment strategy,
considering the time value of money.
112.
Sachin Patil has a sum of Rs. 82.528 million in his fixed deposit, which is
maturing today and if he reinvests, he will get an assured return of 18% per
annum, but he wants to invest in his friends business and earn an annuity of
Rs. 19 million per annum for 8 years. Comment on his investment strategy,
considering the time value of money.
113.
Sahdev has a sum of Rs. 63.883 million in his fixed deposit, which is maturing
today and if he reinvests, he will get an assured return of 10% per annum, but
he wants to invest in his friends business and earn an annuity of Rs. 16 million
per annum for 5 years. Comment on his investment strategy, considering the
time value of money.
7/26/2019 IMA ICICI ACCONTS
47/79
Exercise Book on Accounts and Statistics
46
114.
Sahil Yadav has a sum of Rs. 74.005 million in his fixed deposit, which is
maturing today and if he reinvests, he will get an assured return of 14% per
annum, but he wants to invest in his friends business and earn an annuity of
Rs. 18 million per annum for 6 years. Comment on his investment strategy,
considering the time value of money.
115.
Sahil Khursija has a sum of Rs. 141.271 million in his fixed deposit, which is
maturing today and if he reinvests, he will get an assured return of 6% per
annum, but he wants to invest in his friends business and earn an annuity of
Rs. 19 million per annum for 9 years. Comment on his investment strategy,
considering the time value of money.
116.
Mr.Yogesh Revatsingh Rajpurohit has invested Rs. 1,100,000 in a grocery shop
and expects to get a return of Rs. 4,88,889 every year. Calculate the payback
period.
117.
Mr.Yogesh Avasthi has invested Rs. 32,00,000 in a grocery shop and expects
to get a return of Rs. 21,33,333 every year. Calculate the payback period.118. Mr.Yatin Khanna has invested Rs. 31,00,000 in a grocery shop and expects to
get a return of Rs. 7,29,412 every year. Calculate the payback period.
119.
Mr.Yatendra Singh Pangtey has invested Rs. 19,00,000 in a grocery shop and
expects to get a return of Rs. 5,06,667 every year. Calculate the payback
period.
120.
Mr.Yashwant Jain has invested Rs. 38,00,000 in a grocery shop and expects to
get a return of Rs. 16,88,889 every year. Calculate the payback period.
121. Mr.Bhalodiya Vishal Shantilal wants to start a browsing center at
Chokkanahalli. The estimated cost of establishment is Rs. 25,00,000. Based on
his previous business experience, he is confident of earning Rs. 10,00,000 in
1st year and thereafter expects 10% per annum growth every year. Calculate
the payback period.
122.
Mr.Dulam S Narayanaswamy wants to start a browsing center at
Chokkanahalli. The estimated cost of establishment is Rs. 40,00,000. Based on
his previous business experience, he is confident of earning Rs. 13,00,000 in
1st year and thereafter expects 17% per annum growth every year. Calculate
the payback period.
123.
Mr.K Shravan Kumar wants to start a browsing center at Chokkanahalli. The
estimated cost of establishment is Rs. 35,00,000. Based on his previous
business experience, he is confident of earning Rs. 11,00,000 in 1st year and
thereafter expects 16% per annum growth every year. Calculate payback
period.
124.
Mr.K Srikanth wants to start a browsing center at Chokkanahalli. The estimated
cost of establishment is Rs. 34,00,000. Based on his previous business
experience, he is confident of earning Rs. 11,00,000 in 1st year and thereafter
expects 12% per annum growth every year. Calculate payback period.
125.
Mr.Mohit Banka wants to start a browsing center at Chokkanahalli. The
estimated cost of establishment is Rs. 20,00,000. Based on his previous
business experience, he is confident of earning Rs. 14,00,000 in 1st year and
thereafter expects 9% per annum growth every year. Calculate payback
period.
126. A textile company in Bangalore has approached you for a term loan for setting
7/26/2019 IMA ICICI ACCONTS
48/79
Exercise Book on Accounts and Statistics
47
up one more plant for expanding their business. The estimated cost of
expansion is Rs. 8,40,00,000. Company's projected return for 1st, 2nd, 3rd, 4th
and 5th year respectively in Rupees are 1,68,00,000, 2,10,00,000, 3,36,00,000,
3,36,00,000, 4,20,00,000. If you are charging an interest of 20% per annum,
suggest whether to consider the proposal or not based on NPV criteria.
127.
A textile company in Bangalore has approached you for a term loan. Company
has to set up one more plant for expanding their business. The estimated cost
of expansion is Rs. 2,20,00,000. Company's projected return for 1st, 2nd, 3rd,
4th and 5th year respectively in Rupees are 44,00,000, 55,00,000, 73,33,333,
88,00,000, 1,10,00,000. If you are charging an interest of 11% per annum,
suggest whether to consider the proposal or not based on NPV criteria.
128.
A textile company in Bangalore has approached you for a term loan. Company
has to set up one more plant for expanding their business. The estimated cost
of expansion is Rs. 3,30,00,000. Company's projected return for 1st, 2nd, 3rd,
4th and 5th year respectively in Rupees are 66,00,000, 82,50,000, 1,10,00,000,
1,32,00,000, 1,65,00,000. If you are charging an interest of 16% per annum,suggest whether to consider the proposal or not based on NPV criteria.
129. A textile company in Bangalore has approached you for a term loan. Company
has to set up one more plant for expanding their business. The estimated cost
of expansion is Rs. 1,70,00,000. Company's projected return for 1st, 2nd, 3rd,
4th and 5th year respectively in Rupees are 34,00,000, 42,50,000, 56,66,667,
68,00,000, 85,00,000. If you are charging an interest of 10% per annum,
suggest whether to consider the proposal or not based on NPV criteria.
130.
A textile company in Bangalore has approached you for a term loan. Company
has to set up one more plant for expanding their business. The estimated cost
of expansion is Rs. 8,70,00,000. Company's projected return for 1st, 2nd, 3rd,
4th and 5th year respectively in Rupees are 1,74,00,000, 2,17,50,000,
2,90,00,000, 3,48,00,000, 4,35,00,000. If you are charging an interest of 11%
per annum, suggest whether to consider the proposal or not based on NPV
criteria.
131. An automobile company in Delhi has approached you for term loan for setting
up one more plant for expanding their business. The estimated cost of
expansion is Rs. 4,60,00,000. Company's projected return for 1st, 2nd, 3rd, 4th
and 5th year respectively in Rupees are 92,00,000, 1,53,33,333, 1,15,00,000,
1,84,00,000, 2,30,00,000. If you are charging an interest of 15% per annum,
suggest whether to invest for the proposal or not based on IRR criteria.
132.
A textile company in Bangalore has approached you for term loan. Companyhas to set up one more plant for expanding their business. The estimated cost
of expansion is Rs. 9,20,00,000. Company's projected return for 1st, 2nd, 3rd,
4th and 5th year respectively in Rupees are 1,84,00,000, 3,06,66,667,
2,30,00,000, 3,68,00,000, 4,60,00,000. If you are charging an interest rate of
12% per annum, suggest whether to consider the proposal or not based on
IRR criteria.
133.
A textile company in Bangalore has approached you for term loan. Company
has to set up one more plant for expanding their business. The estimated cost
of expansion is Rs. 4,80,00,000. Company's projected return for 1st, 2nd, 3rd,
4th and 5th year respectively in Rupees are 96,00,000, 1,60,00,000,
1,20,00,000, 1,92,00,000, 2,40,00,000. If you are charging an interest rate of
7/26/2019 IMA ICICI ACCONTS
49/79
Exercise Book on Accounts and Statistics
48
14% per annum, suggest whether to consider the proposal or not based on
IRR criteria.
134. A textile company in Bangalore has approached you for term loan. Company
has to set up one more plant for expanding their business. The estimated cost
of expansion is Rs. 7,30,00,000. Company's projected return for 1st, 2nd, 3rd,
4th and 5th year respectively in Rupees are 1,46,00,000, 2,43,33,333,
1,82,50,000, 2,92,00,000, 3,65,00,000. If you are charging an interest rate of
14% per annum, suggest whether to consider the proposal or not based on
IRR criteria.
135.
A textile company in Bangalore has approached you for term loan. Company
has to set up one more plant for expanding their business. The estimated cost
of expansion is Rs. 5,00,00,000. Company's projected return for 1st, 2nd, 3rd,
4th and 5th year respectively in Rupees are 1,00,00,000, 1,66,66,667,
1,25,00,000, 2,00,00,000, 2,50,00,000. If you are charging an interest rate of
14% per annum, suggest whether to consider the proposal or not based on
IRR criteria.
136. A pharmaceutical company in Chennai has approached you for term loan for
setting up one more plant for expanding their business. The estimated cost of
expansion is Rs. 7,70,00,000. Company's projected return for 1st, 2nd, 3rd, 4th
and 5th year respectively in Rupees are 1,54,00,000, 1,92,50,000, 3,08,00,000,
3,08,00,000, 3,85,00,000. If you are charging an interest of 16% per annum,
suggest whether to consider the proposal or not based on Benefit cost ratio.
137.
A pharmaceutical company in Chennai has approached you for term loan for
setting up one more plant for expanding their business. The estimated cost of
expansion is Rs. 9,00,00,000. Company's projected return for 1st, 2nd, 3rd, 4th
and 5th year respectively in Rupees are 1,80,00,000, 2,25,00,000, 3,60,00,000,
3,60,00,000, 4,50,00,000. If you are charging an interest of 18% per annum,
suggest whether to consider the proposal or not based on Benefit cost ratio.
138. A pharmaceutical company in Chennai has approached you for term loan for
setting up one more plant for expanding their business. The estimated cost of
expansion is Rs. 3,50,00,000. Company's projected return for 1st, 2nd, 3rd, 4th
and 5th year respectively in Rupees are 70,00,000, 87,50,000, 1,40,00,000,
1,40,00,000, 1,75,00,000. If you are charging an interest of 11% per annum,
suggest whether to consider the proposal or not based on Benefit cost ratio.
139.
A pharmaceutical company in Chennai has approached you for term loan for
setting up one more plant for expanding their business. The estimated cost of
expansion is Rs. 9,10,00,000. Company's projected return for 1st, 2nd, 3rd, 4th
and 5th year respectively in Rupees are 1,82,00,000, 2,27,50,000, 3,64,00,000,3,64,00,000, 4,55,00,000. If you are charging an interest of 16% per annum,
suggest whether to consider the proposal or not based on Benefit cost ratio.
140.
A pharmaceutical company in Chennai has approached you for term loan for
setting up one more plant for expanding their business. The estimated cost of
expansion is Rs. 90,00,000. Company's projected return for 1st, 2nd, 3rd, 4th
and 5th year respectively in Rupees are 18,00,000, 22,50,000, 36,00,000,
36,00,000, 45,00,000. If you are charging an interest of 14% per annum,
suggest whether to consider the proposal or not based on Benefit cost ratio.
141.
An aerospace spare parts manufacturing company in Hyderabad is planning to
7/26/2019 IMA ICICI ACCONTS
50/79
7/26/2019 IMA ICICI ACCONTS
51/79
Exercise Book on Accounts and Statistics
50
whether the client should invest in the proposal or not based on investment
decision criteria.
148. A company intends to diversify its business activities and approached you for
a term loan. The estimated cost of expansion is Rs. 4,90,00,00,000. The
company's projected returns for the 1st, 2nd, 3rd, 4th and 5th year in Rupees
are 98,00,00,000, 1,63,33,33,333, 1,22,50,00,000, 1,96,00,00,000 and
1,22,50,00,000. If you are charging an interest of 11% per annum, suggest
whether the client should invest in the proposal or not based on investment
decision criteria.
149.
A company intends to diversify its business activities and approached you for
a term loan. The estimated cost of expansion is Rs. 4,85,00,00,000. The
company's projected returns for the 1st, 2nd, 3rd, 4th and 5th year in Rupees
are 97,00,00,000, 1,61,66,66,667, 1,21,25,00,000, 1,94,00,00,000 and
1,21,25,00,000. If you are charging an interest of 15% per annum, suggest
whether the client should invest in the proposal or not based on investment
decision criteria.
150.
A company intends to diversify its business activities and approached you fora term loan. The estimated cost of expansion is Rs. 3,00,00,00,000. The
company's projected returns for the 1st, 2nd, 3rd, 4th and 5th year in Rupees
are 60,00,00,000, 1,00,00,00,000, 75,00,00,000, 1,20,00,00,000 and
75,00,00,000. If you are charging an interest of 11% per annum, suggest
whether the client should invest in the proposal or not based on investment
decision criteria.
7/26/2019 IMA ICICI ACCONTS
52/79
7/26/2019 IMA ICICI ACCONTS
53/79
Exercise Book on Accounts and Statistics
52
Exercise 1: Measures of Central Tendency
1.
The monthly stationary expenses of Chennai-Cenotaph road branch for the
last 12 months in rupees are as follows: 11,300, 4,900, 4,200, 4,800, 7,700,
4,900, 4,600, 5,800, 8,200, 10,000, 6,400, 10,600. The Branch Manager wantsyou to estimate next month stationary requirement based on the mean
expenses of the last year. Estimate next monthsexpenses.
2.
The monthly stationary expenses of Bangalore-Mg road branch for the last 12
months in rupees are as follows: 10,200, 4,400, 3,900, 4,700, 4,700, 5,600,
6,000, 7,600, 10,900, 7,600, 5,900, 10,100. The Branch Manager wants you to
estimate next month stationary requirement based on the mean expenses of
the last year. Estimate next monthsexpenses.
3. The monthly stationary expenses of Vadodara branch for the last 12 months in
rupees are as follows: 5,700, 12,000, 4,900, 4,600, 9,300, 6,900, 5,200, 9,600,
7,700, 2,600, 2,600, 7,100. The Branch Manager wants you to estimate next
month stationary requirement based on the mean expenses of the last year.Estimate next monthsexpenses.
4. The monthly stationary expenses of Mumbai-Nariman point branch for the last
12 months in rupees are as follows: 3,900, 6,300, 7,300, 3,000, 5,600, 6,900,
5,000, 5,400, 9,900, 2,000, 7,900, 8,600. The Branch Manager wants you to
estimate next month stationary requirement based on the mean expenses of
the last year. Estimate next monthsexpenses.
5.
The monthly stationary expenses of Pune-Bund garden branch for the last 12
months in rupees are as follows: 2,600, 6,000, 2,200, 10,900, 10,100, 8,100,
9,800, 11,400, 5,700, 7,200, 9,700, 2,300. The Branch Manager wants you to
estimate next month stationary requirement based on the mean expenses of
the last year. Estimate next monthsexpenses.
6. A customer care unit of our bank has observed the calls attended by executives in a
day. The details are as in the table below. Calculate the mean time spent in
addressing customer enquiries.
Time spent in minutes 3 4 5 6 7 8 9 10 11
No. of times calls received 11 1 8 8 15 55 20 61 29
7. A customer care unit of our bank has observed the calls attended by executives in a
day. The details are as in the table below. Calculate the mean time spent in
addressing customer enquiries.
Time spent in minutes 2 3 4 5 6 7 8 9 10
No. of times calls received 56 31 5 31 57 9 56 37 8
8. A customer care unit of our bank has observed the calls attended by executives in a
day. The details are as in the table below. Calculate the mean time spent in
addressing customer enquiries.
Time spent in minutes 2 3 4 5 6 7 8 9 10
No. of times calls received 23 70 11 51 69 47 36 60 68
7/26/2019 IMA ICICI ACCONTS
54/79
Exercise Book on Accounts and Statistics
53
9.
A customer care unit of our bank has observed the calls attended by executives in a
day. The details are as in the table below. Calculate the mean time spent in
addressing customer enquiries.
Time spent in minutes 1 2 3 4 5 6 7 8 9
No. of times calls received 62 52 50 44 37 44 19 30 17
10.
A customer care unit of our bank has observed the calls attended by executives in a
day. The details are as in the table below. Calculate the mean time spent in
addressing customer enquiries.
Time spent in minutes 3 4 5 6 7 8 9 10 11
No. of times calls received 34 20 69 59 2 33 60 9 62
11.
A customer care unit of our bank has observed the calls attended by executives in a
day. The details are as in the table below. Calculate the mean time spent in
addressing customer enquiries.
Time spent in minutes 1 2 3 4 5 6 7 8 9
No. of times calls received 70 61 63 69 69 41 41 65 13
12.
Time consumed in operating the ATM by people at specific locations on a weekend
is as follows. Calculate the mean time consumed.
Time consumed in minutes 0-1 1-2 2-3 3-4 4-5 5-10
No. of people operated 17 26 27 40 14 6
13.
Time consumed in operating the ATM by people at specific locations on a weekend
is as follows. Calculate the mean time consumed.
Time consumed in minutes 1-2 2-3 3-4 4-5 5-6 6-11
No. of people operated 21 32 39 45 19 7
14.
Time consumed in operating the ATM by people at specific locations by people on
a weekend is as follows. Calculate the mean time consumed.
Time consumed in minutes 1-2 2-3 3-4 4-5 5-6 6-11
No. of people operated 19 33 41 34 16 7
15.
Time consumed in operating the ATM by people at specific locations by people on
a weekend is as follows. Calculate the mean time consumed.
Time consumed in minutes 0-1 1-2 2-3 3-4 4-5 5-10
No. of people operated 25 26 29 19 17 5
16.
On the day of Akshaya Tritiya, many customers purchased gold coins from
Bangalore-Mg road branch in the following denominations in the given order:
1, 20, 100, 5, 8, 20, 50, 5, 100, 8, 2, 20, 100, 5, 8, 20, 50, 100, 5, 8, 20, 50, 100, 8,
2, 20 100, 100, 8, 100, 20, Calculate average Gold coin denomination sold by
7/26/2019 IMA ICICI ACCONTS
55/79
Exercise Book on Accounts and Statistics
54
us taking Median into consideration.
17.
On the day of Akshaya Tritiya, many customers purchased gold coins from
Vadodara branch in the following denominations in the given order: 1, 20, 100,
5, 8, 20, 50, 5, 100, 8, 2, 20, 100, 5, 8, 20, 50, 100, 5, 8, 20, 50, 100, 8, 2, 20 100,
100, 8, 100, 20, Calculate average Gold coin denomination sold by us takingMedian into consideration.
18.
On the day of Akshaya Tritiya, many customers purchased gold coins from
Mumbai-Nariman point branch in the following denominations in the given
order: 1, 20, 100, 5, 8, 20, 50, 5, 100, 8, 2, 20, 100, 5, 8, 20, 50, 100, 5, 8, 20, 50,
100, 8, 2, 20 100, 100, 8, 100, 20, Calculate average Gold coin denomination
sold by us taking Median into consideration.
19. On the day of Akshaya Tritiya, many customers purchased gold coins from
Pune-Bund garden branch in the following denominations in the given order:
1, 20, 100, 5, 8, 20, 50, 5, 100, 8, 2, 20, 100, 5, 8, 20, 50, 100, 5, 8, 20, 50, 100, 8,
2, 20 100, 100, 8, 100, 20, Calculate average Gold coin denomination sold by
us taking Median into consideration.20.
On the day of Akshaya Tritiya,many customers purchased gold coins from
Kolkata-RN Mukherjee branch in the following denominations in the given
order: 1, 20, 100, 5, 8, 20, 50, 5, 100, 8, 2, 20, 100, 5, 8, 20, 50, 100, 5, 8, 20, 50,
100, 8, 2, 20 100, 100, 8, 100, 20, Calculate average Gold coin denomination
sold by us taking Median into consideration.
21.The following data was collected from 500 sample applications from the loan
processing department. Estimate the average number of errors per application
considering the Median.
No. of errors 0 1 2 3 4 5 More than 5
No. of applications 12 93 64 190 45 50 46
22.The following data was collected from 500 sample applications from the loan
processing department. Estimate the average number of errors per application
considering the Median.
No. of errors 0 1 2 3 4 5 More than 5
No. of applications 11 81 174 162 32 28 12
23.
The following data was collected from 500 sample applications from the loan
processing department. Estimate the average number of errors per applicationconsidering the Median.
No. of errors 0 1 2 3 4 5 More than 5
No. of applications 37 152 124 82 45 15 45
24.
The following data was collected from 500 sample applications from the loan
processing department. Estimate the average number of errors per application
considering the Median.
No. of errors 0 1 2 3 4 5 More than 5
No. of applications 10 178 160 55 28 29 40
7/26/2019 IMA ICICI ACCONTS
56/79
7/26/2019 IMA ICICI ACCONTS
57/79
Exercise Book on Accounts and Statistics
56
Type of
customers
NRIs Senior
Citizens
Individuals TASC Corporates Government
bodies
No. of customers 6 30 297 83 97 3
32.
ICICI bank intends to reduce customers footfall to the branch and wants toencourage them to use alternative banking channels. So they have conducted a
survey on the pattern of customer arriving at the branch on a day at 5 branches of a
cluster in Bangalore. From the following data, identify mode, so that you can
organise an awareness program on how to utilise alternative channels based on the
needs of the customers.
Type of
customers
NRIs Senior
Citizens
Individuals TASC Corporates Government
bodies
No. of customers 5 17 187 21 98 4
33.
ICICI bank intends to reduce customers footfall to the branch and wants toencourage them to use alternative banking channels. So they have conducted a
survey on the pattern of customer arriving at the branch on a day at 5 branches of a
cluster in Bangalore. From the following data, identify mode, so that you can
organise an awareness program on how to utilise alternative channels based on the
needs of the customers.
Type of
customers
NRIs Senior
Citizens
Individuals TASC Corporates Government
bodies
No. of customers 2 22 377 19 179 7
34.
ICICI bank intends to reduce customers footfall to the branch and wants toencourage them to use alternative banking channels. So they have conducted a
survey on the pattern of customer arriving at the branch on a day at 5 branches of a
cluster in Bangalore. From the following data, identify mode, so that you can
organise an awareness program on how to utilise alternative channels based on the
needs of the customers.
Type of
customers
NRIs Senior
Citizens
Individuals TASC Corporates Government
bodies
No. of customers 7 33 132 57 82 4
7/26/2019 IMA ICICI ACCONTS
58/79
Exercise Book on Accounts and Statistics
57
35.
ICICI bank intends to reduce customers footfall to the branch and wants to
encourage them to use alternative banking channels. So they have conducted a
survey on the pattern of customer arriving at the branch on a day at 5 branches of a
cluster in Bangalore. From the following data, identify mode, so that you can
organise an awareness program on how to utilise alternative channels based on theneeds of the customers.
Type of
customers
NRIs Senior
Citizens
Individuals TASC Corporates Government
bodies
No. of customers 7 33 132 57 82 4
36.Target points earned by the employees of a region of ICICI Bank during a week are
as under. Compute mode.
Target points 0 1 2 3 4 5 6 7 8 9 10
No. of employees 0 4 17 13 19 7 10 8 5 9 3
37.A bank has conducted a survey on the pattern of Tax saver deposit accounts being
opened in the month of March in different branches. Calculate Mean, Median and
Mode and interpret the result.
Tax Deposit account 5-10 10-15 15-20 20-25 25-30 30-35
No. of branches 140 200 170 1310 150 130
38.A bank has conducted a survey on the pattern of Tax saver deposit accounts being
opened in the month of March in different branches. Calculate Mean, Median and
Mode and interpret the result.
Tax Deposit account 10-20 20-30 30-40 40-50 50-60 60-70
No. of branches 240 160 210 1250 100 140
39.
A bank has conducted a survey on the pattern of Tax saver deposit accounts being
opened in the month of March in different branches. Calculate Mean, Median and
Mode and interpret the result.
Tax Deposit account 10-20 20-30 30-40 40-50 50-60 60-70
No. of branches 110 230 130 1390 140 100
40.
A bank has conducted a survey on the pattern of Tax saver deposit accounts beingopened in the month of March in different branches. Calculate Mean, Median and
Mode and interpret the result.
Tax Deposit account 10-20 20-30 30-40 40-50 50-60 60-70
No. of branches 200 130 210 1300 150 110
41.
The daily closing balance of a mid-cap companys share price for the last 12
working days in rupees is as given below. Compute Mean, Median and Mode
and comment on which type of central tendency can be used as an
appropriate average for this scenario. 191, 189, 192, 188, 188, 190, 188, 193,
7/26/2019 IMA ICICI ACCONTS
59/79
7/26/2019 IMA ICICI ACCONTS
60/79
Exercise Book on Accounts and Statistics
59
50.
The net Interest Income earned by 1500 branches of a bank is given below.
Calculate the average NII considering Mode.
NII in million Rs. 0-50 50-
100
100-
150
150-
200
200-
250
250-
300
300-and
above
No. of branches 42 242 56 650 330 153 27
51.Details of home loans at fixed rate of interest disbursed by a Branch of ICICI in 2011-
12, at different ROI are given below. Calculate the weighted average ROI.
Amount in
million Rs.
140.00 70.00 35.00 35.00 23.33 87.50 309.17
ROI in % 9 9.5 10 10.5 11 11.5 12
52.
A privileged customer has invested his savings in various portfolios. The return
earned during the previous year is given below. Calculate the weighted average
return on investment.
Investment portfolio PPF FD SB Mutual
Fund
Equity
Shares
Amount invested in Rs. 19,00,000 27,00,000 1,35,000 40,50,000 40,50,000
ROI in % per annum 9 9 4 13 27
53.A privileged customer has invested his savings in various portfolios. The return
earned during the previous year is given below. Calculate the weighted average
return on investment.
Investment portfolio PPF FD SB MutualFund EquityShares
Amount invested in Rs. 41,00,000 63,00,000 3,15,000 94,50,000 94,50,000
ROI in % per annum 9 9 4 14 11
54.A privileged customer has invested his savings in various portfolios. The return
earned during the previous year is given below. Calculate the weighted average
return on investment.
Investment portfolio PPF FD SB Mutual
Fund
Equity
Shares
Amount invested in Rs. 14,00,000 43,00,000 2,15,000 64,50,000 64,50,000ROI in % per annum 8 8 3 10 14
55.
A privileged customer has invested his savings in various portfolios. The return
earned during the previous year is given below. Calculate the weighted average
return on investment.
Investment portfolio PPF FD SB Mutual
Fund
Equity
Shares
Amount invested in Rs. 35,00,000 84,00,000 4,20,000 1,26,00,000 1,26,00,000
ROI in % per annum 9 10 3 12 20
7/26/2019 IMA ICICI ACCONTS
61/79
Exercise Book on Accounts and Statistics
60
56.
A customer of our branch has the following closing cash balance in his SB account.
Calculate the quarterly average Balance.
Date Amount in Rs.
01-01-2011 1,000
10-01-2011 3,000
18-01-2011 600
29-01-2011 1,800
12-02-2011 3,600
28-02-2011 7,200
10-03-2011 4,000
21-03-2011 3,000
31-03-2011 5,000
57.
A customer of our branch has the following closing cash balance in his SB account.
Calculate the quarterly average Balance.
Date Amount in Rs.
01-01-2011 1,000
10-01-2011 3,000
18-01-2011 600
29-01-2011 1,800
12-02-2011 3,600
28-02-2011 7,200
10-03-2011 4,000
21-03-2011 3,000
31-03-2011 5,000
58.
A customer of our branch has the following closing cash balance in his SB account.
Calculate the quarterly average Balance.
Date Amount in Rs.
01-01-2011 3,000
10-01-2011 9,000
18-01-2011 1,800
29-01-2011 5,400
12-02-2011 10,80028-02-2011 21,600
10-03-2011 12,000
21-03-2011 11,000
31-03-2011 13,000
7/26/2019 IMA ICICI ACCONTS
62/79
Exercise Book on Accounts and Statistics
61
59.
A customer of our branch has the following closing cash balance in his SB account.
Calculate the quarterly average Balance.
Date Amount in Rs.
01-01-2011 1,000
10-01-2011 3,000
18-01-2011 600
29-01-2011 1,800
12-02-2011 3,600
28-02-2011 7,200
10-03-2011 4,000
21-03-2011 3,000
31-03-2011 5,000
60.
A customer of our branch has the following closing cash balance in his SB account.
Calculate the quarterly average Balance.
Date Amount in Rs.
01-01-2011 2,000
10-01-2011 6,000
18-01-2011 1,200
29-01-2011 3,600
12-02-2011 7,200
28-02-2011 14,400
10-03-2011 8,000
21-03-2011 7,000
31-03-2011 9,000
61.
A customer of our branch has the following closing cash balance in his SB account.
Calculate the Monthly average Balance.
Date Amount in Rs.
01-01-2011 7,000
10-01-2011 21,000
12-01-2011 4,200
15-01-2011 12,600
17-01-2011 25,20018-01-2011 50,400
20-01-2011 28,000
25-01-2011 27,000
31-01-2011 29,000
7/26/2019 IMA ICICI ACCONTS
63/79
Exercise Book on Accounts and Statistics
62
62.
A customer of our branch has the following closing cash balance in his SB account.
Calculate the Monthly average Balance.
Date Amount in Rs.
01-01-2011 5,000
10-01-2011 16,000
12-01-2011 3,300
15-01-2011 9,900
17-01-2011 19,800
18-01-2011 39,600
20-01-2011 22,000
25-01-2011 21,000
31-01-2011 23,000
63.
A customer of our branch has the following closing cash balance in his SB account.
Calculate the Monthly average Balance.
Date Amount in Rs.
01-01-2011 6,250
10-01-2011 18,750
12-01-2011 3,750
15-01-2011 11,250
17-01-2011 22,000
18-01-2011 45,000
20-01-2011 25,000
25-01-2011 24,000
31-01-2011 26,000
64.
A customer of our branch has the following closing cash balance in his SB account.
Calculate the Monthly average Balance.
Date Amount in Rs.
01-01-2011 6,250
10-01-2011 18,750
12-01-2011 3,750
15-01-2011 11,250
17-01-2011 22,00018-01-2011 45,000
20-01-2011 25,000
25-01-2011 24,000
31-01-2011 26,000
7/26/2019 IMA ICICI ACCONTS
64/79
7/26/2019 IMA ICICI ACCONTS
65/79
Exercise Book on Accounts and Statistics
64
68.
A customer has the following closing cash balance in his Savings account. He has
come to you on 21st June 2013 asking what was the minimum amount to be
maintained for the rest of the month in order to have a minimum monthly average
balance of Rs. 5,000.
Date Closing Balance in Rs.
01-06-2013 663
05-06-2013 1,326
08-06-2013 3,978
10-06-2013 795.6
18-06-2013 397.8
20-06-2013 596.7
69.
A customer has the following closing cash balance in his Savings account. He has
come to you on 21st June 2013 asking what was the minimum amount to be
maintained for the rest of the month in order to have a minimum monthly average
balance of Rs. 1,000.
Date Closing Balance in Rs.
01-06-2013 143
05-06-2013 286
08-06-2013 858
10-06-2013 171.6
18-06-2013 85.8
20-06-2013 128.7
70.A customer has the following closing cash balance in his Savings account. He has
come to you on 21st June 2013 asking what was the minimum amount to be
maintained for the rest of the month in order to have a minimum monthly average
balance of Rs. 1,000.
Date Closing Balance in Rs.
01-06-2013 136
05-06-2013 272
08-06-2013 816
10-06-2013 163.218-06-2013 81.6
20-06-2013 122.4
7/26/2019 IMA ICICI ACCONTS
66/79
Exercise Book on Accounts and Statistics
65
Chapter 7: Measures of
Dispersion
7/26/2019 IMA ICICI ACCONTS
67/79
7/26/2019 IMA ICICI ACCONTS
68/79
Exercise Book on Accounts and Statistics
67
5.
The monthly closing Stock Market indices of 6 months are given below. Analyse
which Market was more fluctuating during the period using MD.
Market/Period Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11
Sensex 17171 18351 17426 17026 17093 18127
FTSE Euro top 100 2368 2374 2125 2278 2194 2308
SSE Composite Index China 2041 1926 1855 2106 2149 2054
Nikkei 225 9524 9738 9266 10252 9725 8921
Nasdaq Composite 2810 2814 2971 2975 2864 2948
6.
Secondary data of trends in order bookings of a few Electrical equipment
Companies is given below. Analyse the order bookings of the companies based on
Measures of Dispersion. (Note: Amount in Billions)
Order bookings Q1-2012 Q2-2012 Q3-2012 Q4-2012
BHEL 1,323.5 1,336 1,308.5 1,324
ABB 110.5 101 102.5 115
Siemens 143.5 142.5 143 142
Jyoti 43 40 40 42.5
KEC 83.5 84 81.5 80.5
Kalpataru 52 54.5 66.5 50.5
7.
Secondary data of trends in order bookings of a few Electrical equipment
Companies is given below. Analyse the order bookings of the companies based on
Measures of Dispersion. (Note: Amount in Billions)
Order bookings Q1-2012 Q2-2012 Q3-2012 Q4-2012BHEL 1,187 1,022 1,214 1,282
ABB 122 113 104 123
Siemens 143.5 140.5 141 141
Jyoti 44.5 40 43 45
KEC 83 81.5 81.5 80
Kalpataru 46 54.5 68.5 58
8. Secondary data of trends in order bookings of a few Electrical equipment
Companies is given below. Analyse the order bookings of the companies based on
Measures of Dispersion. (Note: Amount in Billions)Order bookings Q1-2012 Q2-2012 Q3-2012 Q4-2012
BHEL 1,314.5 1,000 1,135 1,019
ABB 108.5 115 119 123
Siemens 140.5 145.5 148.5 143
Jyoti 43 42.5 45 41
KEC 80.5 81 81 80.5
Kalpataru 49.5 48 63.5 56.5
7/26/2019 IMA ICICI ACCONTS
69/79
Exercise Book on Accounts and Statistics
68
9.
Secondary data of trends in order bookings of a few Electrical equipment
Companies is given below. Analyse the order bookings of the companies based on
Measures of Dispersion.(Note: Amount in Billions)
Order bookings Q1-2012 Q2-2012 Q3-2012 Q4-2012
BHEL 1,490.5 1,089 1,338 1,296.5
ABB 118.5 103.5 121.5 114
Siemens 140.5 141 140.5 142
Jyoti 40 40.5 43 43.5
KEC 84 82.5 84.5 84
Kalpataru 66 40.5 63 45
10.Secondary data of trends in order bookings of a few Electrical equipment
Companies is given below. Analyse the order bookings of the companies based on
Measures of Dispersion.(Note: Amount in Billions)
Order bookings Q1-2012 Q2-2012 Q3-2012 Q4-2012
BHEL 1,103 1,078.5 1,449 1,094.5
ABB 114 114.5 100.5 125
Siemens 147 140.5 143 143
Jyoti 40 43.5 44.5 44
KEC 80.5 82.5 85 80
Kalpataru 60.5 69 55.5 68
11.
The steel production of China and India in different quarters is given below.
Comment on Stability in production using Measures of Dispersion.
In MT Q2-CY10 Q3-CY10 Q4-CY10 Q1-CY11 Q2-CY11 Q3-CY11 Q4-CY11
India 16.4 17.9 17.4 16.6 16 18 18
China 211.7 261.7 214.3 172.1 212.2 256.7 252.7
Global 310 319.5 346 355 303.5 327 371
12.The steel production of China and India in different quarters is given below.
Comment on Stability in production using Measures of Dispersion.
In MT Q2-CY10 Q3-CY10 Q4-CY10 Q1-CY11 Q2-CY11 Q3-CY11 Q4-CY11
India 17.8 17.9 17.1 17.5 17.6 16.9 17.2
China 262.5 267.7 160.4 245.2 188.2 185 221.9Global 304.5 347 313.5 325.5 372 318.5 319
7/26/2019 IMA ICICI ACCONTS
70/79
Exercise Book on Accounts and Statistics
69
13.
The steel production of China and India in different quarters is given below.
Comment on Stability in production using Measures of Dispersion.
In MT Q2-CY10 Q3-CY10 Q4-CY10 Q1-CY11 Q2-CY11 Q3-CY11 Q4-CY11
India 16.6 16.5 16.3 16.3 17.9 16 17.6
China 224.3 178.9 186.3 254 232 250.6 198.4
Global 324 373 310 369.5 352.5 322.5 326.5
14.The steel production of China and India in different quarters is given below.
Comment on Stability in production using Measures of Dispersion.
In MT Q2-CY10 Q3-CY10 Q4-CY10 Q1-CY11 Q2-CY11 Q3-CY11 Q4-CY11
India 16.9 17.1 17.6 16 16.4 17.5 17.1
China 167.7 204.7 172.3 188.6 273.9 197.7 182.9
Global 338.5 329.5 312.5 374.5 310.5 322 364.5
15.
The steel production of China and India in different quarters is given below.
Comment on Stability in production using Measures of Dispersion.
In MT Q2-CY10 Q3-CY10 Q4-CY10 Q1-CY11 Q2-CY11 Q3-CY11 Q4-CY11
India 16.2 17.7 16.8 16.9 16.9 17.5 17.4
China 194.1 235.7 186.6 206.4 228.8 192.6 229.5
Global 359 351 347 353.5 309.5 343 308
16.The rainfall during the first month at beginning of Active Monsoon period at
different places of a District is given below. Which part of the district is more
sensitive
to rainfall?
Location/Year 2007 in
mm
2008 in
mm
2009 in
mm
2010 in
mm
2011 in
mm
2012 in
mm
Location A 158 149 151 160 164 160
Location B 137 126 110 146 138 101
Location C 191 185 174 230 174 186
Location D 105 113 120 102 1