IMA ICICI ACCONTS

7/26/2019 IMA ICICI ACCONTS

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Exercise Book on Accounts

and Statistics


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Exercise Book on

Accounts and

Statistics


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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


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Chapter 1: Types of

Transactions & Entries


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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.


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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


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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.


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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


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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.


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Chapter 2: General Ledger


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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.


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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


12,550

From the above information prepare branch, prepare a GL as per the format after passing

necessary accounting entries in the branch.


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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.


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


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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


a. By transferring from saving account 1,50,000



950


of cheque

Cash deposited by customers to credit of their SA

Cash deposited in CA

12,50,500

15,25,700

9,50,550


a.

From savings account

b. From current account

2,50,000

15,35,350




9 Unprocessed cash deposited in ICMC 15,00,000

Prepare the GL at the close of the day after passing the entries listed above.


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Exercise 4

Prepare the GL at the close of the day after passing the entries listed.


(in Rs.)


(in Rs.)

1. Demand Deposits

Current Accounts

Savings Accounts

Overdue Deposits


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


2. Time Deposits

Fixed DepositsRecurring Deposits

2,05,00,00010,50,000

Total of time Deposits 2,15,50,000

3.

Other Liabilities

4.



5.

Income

Interest

Commission

1,55,000

16,50,000

6.

Expenditure


Charges (operating

expenses)

39,00,500

32,25,000




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(in Rs.)

1 Cash credited to the Loan accounts (maintained at the

branch)

15,500



a.

By transferring from saving account 2,50,000



2,950


of cheque



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



24,58,900


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


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Exercise 5

Prepare the GL at the close of the day after passing the entries listed.


(in Rs.)


(in Rs.)

1. Demand Deposits

Current Accounts

Savings Accounts

Overdue Deposits


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


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


5.

Income

Interest

Commission

55,000

6,50,000

6.

Expenditure


Charges (operating expenses)

9,00,500

12,25,000




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(in Rs.)

1 Savings account opened by depositing cash 25,500



a. By transferring from saving account 1,50,000



950


of cheque



12,50,500

15,25,700

9,50,550


a.

From savings accountb.

From current account2,50,000

15,35,350






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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


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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)


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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.


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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


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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.


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Chapter 4: Interest

Calculation


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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


23.

Manoj Kumar deposits certain amount for 49 days at 9% SI and earns a total


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


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


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


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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


44.

Rajan Jha invests Rs. 44,000 in FD for 1.5 years at 8% per annum


45.

Rahul Das invests Rs. 18,000 in FD for 2.5 years at 6% per annum


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


54.

Vamsy Ajay Bolla takes a personal loan of Rs. 68,000 for 5 days at 8% per


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.


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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%.


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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.


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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%.


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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


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


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


amount for this purpose, how much would you ask her to deposit, if the


48.

Pragya Singh wants to earn Rs. 1,40,000 at the end of every year for 3 years


amount for this purpose, how much would you ask her to deposit, if the


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


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.


53.

Deepak Kumar has taken a Housing Loan of Rs. 81,00,000 at 12% per annum.


54.

Dheeraj Kalra has taken a Housing Loan of Rs. 53,00,000 at 13% per annum.


55. Dhiraj Kumar has taken a Housing Loan of Rs. 56,00,000 at 13% per annum.



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56.

D V S Srikanth has taken an Auto Loan of Rs. 3,00,000 at 16% per annum.


57.

Chirag Mukhija has taken an Auto Loan of Rs. 6,00,000 at 9% per annum.


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.


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


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


65.

Arvind Kumar Lamba has taken a Housing Loan of Rs. 27,00,000 at 12% per


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


yearly instalments.

69.

Ashish Sharma has taken an Educational Loan of Rs. 9,50,000for his masters


yearly instalments.

70. Ashish Mishra has taken an Educational Loan of Rs. 19,00,000for his masters


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.


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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




105.

If you are given an option either to receive before or a sum of Rs. 61,140 or




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.


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








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





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.


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114.

Sahil Yadav has a sum of Rs. 74.005 million in his fixed deposit, which is





115.

Sahil Khursija has a sum of Rs. 141.271 million in his fixed deposit, which is





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


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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,


128.




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



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,


130.




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


and 5th year respectively in Rupees are 92,00,000, 1,53,33,333, 1,15,00,000,


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



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



4th and 5th year respectively in Rupees are 96,00,000, 1,60,00,000,



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IRR criteria.

134. A textile company in Bangalore has approached you for term loan. Company






IRR criteria.

135.

A textile company in Bangalore has approached you for term loan. Company






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




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






138. A pharmaceutical company in Chennai has approached you for term loan for



and 5th year respectively in Rupees are 70,00,000, 87,50,000, 1,40,00,000,



139.




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,


140.



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,


141.

An aerospace spare parts manufacturing company in Hyderabad is planning to


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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


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


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


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


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


decision criteria.


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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.

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,




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












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9.

A customer care unit of our bank has observed the calls attended by executives in a





10.






11.






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.



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.



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.



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


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us taking Median into consideration.

17.


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.


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





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.



24.

The following data was collected from 500 sample applications from the loan






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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


bodies

No. of customers 5 17 187 21 98 4

33.






Type of

customers

NRIs Senior

Citizens


bodies

No. of customers 2 22 377 19 179 7

34.






Type of

customers

NRIs Senior

Citizens


bodies

No. of customers 7 33 132 57 82 4


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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



organise an awareness program on how to utilise alternative channels based on theneeds of the customers.

Type of

customers

NRIs Senior

Citizens


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




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




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



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,


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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



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


54.A privileged customer has invested his savings in various portfolios. The return




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




Fund

Equity

Shares

Amount invested in Rs. 35,00,000 84,00,000 4,20,000 1,26,00,000 1,26,00,000



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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.



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.



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


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59.



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.



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.


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


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62.



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.



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.



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


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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





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





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


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Chapter 7: Measures of

Dispersion


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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.



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


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


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9.



Measures of Dispersion.(Note: Amount in Billions)


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


Measures of Dispersion.(Note: Amount in Billions)


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.



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


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13.




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.



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.




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

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