NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Retail Banking

Internal Assignment Applicable for December 2018 Examination

Assignment Marks: 30

NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

1. Discuss in brief the most popular retail banking products offered to customers with

reference to any one public sector bank and one private bank of your choice and

comment on the preference of customers towards these products for the type of bank.

(10 Marks)

2. Mr .Arun has recently joined as a treasurer in a reputed Private sector bank. His

Manager ask him to prepare a short note on the various types of risk faced by the banks.

In addition to this, he is required to discuss the steps that bank takes to counter the risks

with reference to the current scenario in banking which recently faced financial,

economic stability concerns. Help Arun with his notes.

(10 Marks )

3. The Banking industry being a ‘service industry’, customer service is an important

aspect of the Retail Banking setup. This is true for commercial/retail banks as well

central banks and the regulators/government. Discuss the following questions that

affects the customers to a large scale in the retail banking setup

a. There has been considerable debates on who is better in providing better customer

service, public sector banks or private banks. Who do you think is better and why? What

should the other type of bank do to better themselves on customer service?

(5 Marks)

b. With the increasing emphasis on Digital/ E-payments, incentives/concessions

provided to make non-cash transactions through digital modes, highlight the various

risks that customers may face in availing these modes of financial transactions.

(5 Marks)

NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Cost & Management Accounting

Internal Assignment Applicable for December 2018 Examination

Assignment Marks: 30

NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

Question 1

Amman , Namman, Pulkit and Amit started with a fast food restaurant, couples of years

back. This year all the partners of the restaurant are planning to come up with a chain of

restaurant in the city and therefore wants to employ some additional staff. One of the

partner, gives an advertisement for recruitment in the Newspaper, for the position of Cost

Accountant as well as Management Accountant.

However, Mr. Shinde, the HR manager of the restaurant is confused about difference in the

functions performed by the Cost Accountant and Management Accountant.

Discuss how you will convince Mr. Shinde that both the profiles have certain specific set

of functions to be performed, which are different from each other.  (10 Marks)

Question 2

Prachi Pvt Ltd manufactures two types of wooden boxes, using certain common facilities.

The following cost data is presented to you -

                                                  Box A Type                                 Box B Type

Units produced                            2000                                          3000

Direct Labour hours per unit          1                                              2

Machine hours per unit                  5                                               7

Set up machines                            10                                             15

Orders                                           10                                            20

Machine activity expenses                                                   Rs 500000

Expenses incurred to set up the machines                              Rs50000

||Expenses in relation to the orders received                           Rs 15500

Calculate the overhead per unit absorbed using the most practical and effective approach,

which gives relevance to the casual relationship of cost drivers to activities. Also, discuss

the approach in detail. (10 Marks)

Question 3

A product ‘X’ passes through two processes. The output of Process I becomes the input of

Process II. The quantity of raw material introduced into process I is 20000kgs @ 20 per

Kg. The additional cost incurred and output obtained for one of the month under review is

as under-

                                                  Process I                                       Process II

Direct Material                       80000                                                     50000

Direct Labour                         60000                                                     20000

Production Overhead             24000                                                      11000

Normal Loss                          5%                                                             2%

Output                                 18500                                                         18200

Loss resalable as scrap per unit Rs10                                                      Rs 5

Calculate

i. Value of Abnormal gain/ loss in Process I (5 Marks)

ii. Value of Abnormal gain/ loss in Process II  (5 Marks)

***************

NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Commercial Banking System & Role of RBI

Internal Assignment Applicable for December 2018 Examination

Assignment Marks: 30

NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

Q1. Inflation is one of the most familiar words in economics. Inflation has plunged

countries into long periods of instability. Central bankers often aspire to be known as

“inflation hawks.”  Thus, inflation holds a great significance in any country’s economy. With regard to the above statement explain how Reserve Bank of India plays a vital role in combating inflation.  (10 Marks)

Q2. High level of NPAs in banks has attracted public as well as foreign financial

institutions to analyze the reasons for it. Analyze and discuss the solutions of Non-

Performing Assets in Indian Banks. (10 Marks)

Q3. Mr. Anil Sharma and Mr. Rahul Khanna are partners of M/S Sharma exports,

Mumbai. They declined lucrative corporate job offers and decided to plunge into the world

international business. The partners conducted in depth market survey in the domestic as

well as international markets regarding the demand of women’s apparels in cotton and

hosiery and finally decided to establish their business for apparels. Thus, both decided to

import the fabric from abroad.

Mr .D’Souza who lives in Thailand agrees to ship them the desired fabrics on a condition

if the partners gets the Letter of credit from their bank.

a) Discuss the mechanism of letter of credit which will be involved in the above case.

(5 Marks)

b) Discuss the Obligations and Responsibilities of the Issuing Banks, Advising bank and

the confirming bank in the above transaction.  (5 Marks)

****************

NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Marketing of Financial Services

Internal Assignment Applicable for December 2018 Examination

Assignment Marks: 30

NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

Q 1) Develop a Service Marketing Mix (using 8 Ps) for a private Life Insurance company

of your choice. (10 Marks)

Q 2) Your client wants to invest in Mutual Funds that rebalance the portfolio between

equity and debt. Explain how it could be beneficial for your client to invest in such funds.

(10 Marks)

Q 3) You are a Financial Planner. Your client Ashish Shukla aged 23 years has just started

his career with an IT company earning Rs 7 lakhs per year. Ashish requires your help to

make some financial decisions. (You can make any assumptions to further build up your

case.)

a) Ashish wants to buy a Life Insurance policy. He is confused whether he should buy

a ULIP or a Term Plan. Give justification and reasoning for the option you would

suggest to your client.  (5 Marks)

b) Ashish wants your help to maximize his savings and to understand how he can get

the maximum benefit of compounding to grow his investments. Help Ashish

develop a investment plan to meet his life goals.  (5 Marks)

NMIMS December 2018 solved assignments: Contact us at assignmentssolution@gmail.com

NMIMS Assignments December 2018: Contact at assignmentssolution@gmail.com

Course: Business Communication
1. Large organizations where there are many people working closely, create unofficial and informal channels of communication. What is this kind of communication known as and what purpose does it serve in large organizations? List different types of this communication along with drawbacks if any.
2. Explain the various forms that non-verbal communication takes which impacts cultural aspect of communication. How does verbal and non-verbal communication relate to each other?
3. Zenstar Technologies has the task of collating feedback from its customers before the launch of its new product next fortnight. They need their customers to participate and be forthright in the opinions they present to improvise and make any last minute course corrections to garner the best response for the product launch.
a. Which computer tool for collecting information will be most suitable for the requirements of Zenstar Technologies and why?
b. Advice on how they should conduct the whole exercise of gathering feedback from their customers?

System to Identify the Training Needs: Solutions are provided for all NMIMS,SMU,IIBMS,IIBM,ISTM,XAVIER,KSBM,NIBM Exam papers, assignments and projects: Contact us at assignmentssolution@gmail.com

Although the training need identification being active is transported out almost always out of all organizations, the machine to recognize the requirements change from organization to organization. A few of the standard systems by which working out need identification is performed is really as under :

1.Performance Management System

2.Technological Change

3.Quality Movements ( TQM / TPM / ISO)

4.Market Needs (Taken through Client Satisfaction Survey)

5.Strategic Business Plans from the Organizations

A lot of the organizations adopt the above mentioned systems to recognize working out needs for his or her employees. Though various systems have established yourself to recognize working out needs for that employees, the caliber of transporting out this being active is not acceptable. In the majority of the organizations, this being active is transported out being an activity completion neglecting the finish deliverable of the business.

Current Practices Winning the Organizations

Working Out and Development, like a process begins with Training Need Identification and ends with Training Effectiveness Evaluation and all sorts of stepwise sub processes are extremely crucial for meeting the objectives from the organization. To really make it very specific, working out Need Identification and also the Training Effectiveness Evaluation are carefully associated with one another and never mutually exclusive. No Training Needs Identification Product is complete with no good evaluation system in position. To really make it specific, both of them are integrated and can't be utilized individually. But, regrettably as the training needs are identified the managers aren't getting any clue or concept that how that require will cater the objectives from the organization, group and individual worker. Furthermore, the managers aren't keen to understand that how the potency of working out imparted towards the workers are evaluated inside a scientific manner.

The Organizations are budgeting large amount every financial year for Training and Development. More income, time, energy and human sources are invested for Training. Despite each one of these investments, the organizations couldn't see or otherwise even see any tangible outcome through Training and therefore Training rather becoming an effective tactic to enrich the potential for the workers is becoming a task completion for HR department also.

Recommendations for Improvement

1.Data Gathering : Grounds for identifying training have to be supported with a few critical occurrences at the office place, non performance or sub-standard performance from the worker or group and gap between your expected and actual result on the particular job. These records could be acquired by being able to access the certain data or discussing using the Manager or even the Supervisor from the worker. The worker might also assessed by discussing with him or administering an evaluation towards the worker about them matter to evaluate his understanding level. HR department should facilitate this exercise.

2.Module Design: Publish assessing the necessity, HR department needs to design a module defining the objective of the necessity, suggested nature of intervention or methodology, target group, resource person and also the deliverables.

3.Defining the deliverables and methodology to determine the deliverables are extremely critical while identifying the necessity. Quite simply, without it step training need identification to have an worker shall not arise.

4.Training Need Validation : After identifying their email list of coaching needs, exactly the same to become tabulated and discussed using the Core Committee from the Organization comprising all of the functional heads who're one level over the departmental heads. In this exercise, the relevance of every training need using the forthcoming financial year and also the business requirement to become validated. Before you take up this exercise for this committee, HR must have the entire Cost data for every training need recognized by the departmental heads.

5.Training Need Prioritization: Working out must be categorized as high-impact and occasional impact as well as the training needs involve rich in cost and occasional cost.

6.The deliverables from the training needs which might prone to create High-impact around the business with Inexpensive obtain first priority and all sorts of such training to become grouped in Priority 1 Grid. (High-impact Inexpensive).

7.Working out needs rich in Impact and Cost to become grouped in Priority Grid 2 and also the training needs (Low Impact Inexpensive) to become grouped in Priority Grid 3. Working out needs with Low Impact and Cost shouldn't be entertained.

8.Identifying Appropriate Trainer: Publish prioritizing the requirements, HR department should find out the appropriate trainer or faculty for every training need. The prosperity of any training depends upon identifying the best trainer. To recognize appropriate trainer, HR should follow very stringent process by administering the seller Enquiry Form in which the Trainer needs to furnish three references in which the HR can conduct the reference check about trainer concerning the abilities from the trainer on designing the program Content, Presentation and skill for connecting using the trainees effectively. Each criteria should carry minimum and maximum score and in line with the reference check conducted by HR department, the trainer that has got average and above score might be known as personal discussion to validate the information acquired with the reference check. When the HR department is content using the trainer, he is able to be empanelled like a trainer for that particular need.

9.Course Content: After empanelling the trainer, HR should share the needs, data and also the deliverables expected from the training have to the trainer and advise him to create the program content. The program content should broadly cover the conceptual orientation with pre training exercise sheets, exercise to become done throughout training, plan of action for that student publish training and evaluation sheet for that Departmental Mind and HR Department.

10.Pre Profiling: Beforethe worker is nominated for that training, the program happy to get offers for to him and he'll be needed to carryout the pre training exercise. Publish completing the exercise, his Departmental Mind and HR Department should jointly facilitate the worker by discussing the information from the programme, purpose of identifying the stated training need and nominating him for that programme, key learnings expected from him and also the plan of action to translate the training into action at work

Conclusion

The critical step while Training and Development is evaluating the potency of working out. The goal of working out and Development can get accomplished only if there's a effective look at working out is within place. As mentioned earlier, within the context globalization and also the prevalence of vicious competition, the Roi (Return on investment) on Training shall become order during the day which is possible only when working out Need Identification being active is transported by helping cover their an established goals and particular deliverables.