Nit Graduate School Of Management Applied Operations Research

Description
Criteria in regard to nit graduate school of management applied operations research.

Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

Question Bank for
3
rd
Semester Examination

Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

Paper 1: Applied Operations Research
1. Write short note on applications of ‘Game Theory’.
2. For what type of business problems might game theory be helpful?
3. Discuss various methods of finding solutions to a given game.
4. Solve the following game:-
Player A Player B
A1 3 2 4 0
A2 3 4 2 4
A3 4 2 4 0
A4 0 4 0 8
5. Two companies are competing for the market share of the similar product. The
payoff matrix in terms of their advertising plan is shown below:
Competitor A Competitor B
No Advertising Medium Advertising Heavy Advertising
No Advertising 10 5 -2
Medium Advertising 13 12 13
Heavy Advertising 16 14 10
Suggest optimal strategies for the two firms and the net outcome thereof.
6. What is meant by the term critical activities, and why is it necessary to know
about them?
7. Explain the significance of ‘working out of float’ in the network of project
activities. Discuss, in brief, the different types of floats.
8. The following table gives the activities in a construction project and other
relevant information:

1) Draw the network for the project.
2) Find critical path and project length.
3) Find free float, total float and independent float for non-critical
activities.
4) Draw the time scale version diagrams for the project.
9. For the following data calculate the minimum duration & the additional cost
for completing the project during minimum time.
i-j T
n
T
c
C
n
C
c
Days Days Rs. Rs.
1-2 3 2 1000 1700
1-3 7 4 2500 3100
2-3 5 3 1400 1600
2-4 8 6 2600 3000
3-4 4 2 3200 4000
Total 10700

Activity 1-2 1-3 2-3 2-4 3-4 4-5
Duration(Days) 20 25 10 12 6 10
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NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

10. For the network given below, Determine EST, LST, EFT, LFT, Total float, free
float, Independent float and critical path:
Activity 0-1 1-2 1-3 2-4 2-5 3-4 3-6 4-7 5-7 6-7
Duration 2 8 10 6 3 3 7 5 2 8

11. What are situations that make the replacement of items necessary?
12. Describe the problem of replacement of items whose maintenance cost
increases with time. Assume that the value of money remains constant.
13. A firm is considering replacement of a machine, whose cost price is Rs. 12,200
and the scrap value Rs.200 The running (maintenance and operating ) costs are
found from experience to be as follows :

Year 1 2 3 4 5 6 7 8
Running
costs (Rs.)
200 500 800 1,200 1,800 2,500 3,200 4,000
When should the machine be replaced?
14. A machine ‘X’ costs Rs. 5,000. Its operating cost is 1,000 in the first four years
each and then increases by Rs. 200 in each successive years. Another machine
‘Y’ costs Rs. 8,000 whose operating cost is Rs. 200 in the first year which
increases by Rs.400 in every succeeding year. If the time value of money is
10%, which of two machines should be preferred:
Year 1 2 3 4 5 6 7 8 9 10
P.V.
factor
@ 10%
1.0 0.909 0.826 0.751 0.683 0.620 0.564 0.513 0.466 0.424

15. The following mortality rates have been observed for certain types of bulbs.
If a bulb fails, it costs Rs. 3 to replace it individually but if all the bulbs are
replaced at once then it costs Rs. 0.70 per bulb. Suggest the optimal replacement
policy. Assume 1000 bulbs are in service.

16. Six jobs are performed first over Machine I and then over Machine II. The order
of the completion of the jobs has no significance. Find the sequence of the job
that minimizes the total elapsed time. The time for each job on each machine
is given below:
Job No. 1 2 3 4 5 6
Mach.I (hr) 8 12 7 10 11 9
Mach.II(hr) 10 7 11 6 12 8

Week 1 2 3 4 5 6
Probability
of failure
0.09 0.25 0.49 0.85 0.97 1.00
Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

17. Two jobs J1 and J2 are processed on machine A, B, C and D. The sequence and
processing times for each are given below. Find the minimum time required to
process both the jobs using Graphical method.
Sequence A B C D
Job J1(Hrs.) 2 4 5 1
Sequence B C D A
Job J2(Hrs.) 6 5 2 3

18. Define Simulation. Why is simulation used? Give one application area when this
technique is used in practice.
19. What are the advantages and limitations of simulation models?
20. A company manufactures around 200mopeds. Depending upon the availability
of raw materials and other conditions, the daily production has been varying
from 196 mopeds to 204 mopeds, whose probability distribution is as given
below:
Production/day 196 197 198 199 200 201 202 203 204
Probability 0.05 0.09 0.12 0.14 0.20 0.15 0.11 0.08 0.06
The finished mopeds are transported in a specially designed three-storeyed
lorry that can accommodate only 200 mopeds. Using the following 15 random
numbers:82,89,78,24,53,61,18,45,23,50,77,27,54 and 10, simulate the mopeds
waiting in the factory?
(a) What will be the average number of mopeds waiting in the factory?
(b) What will be the number of empty spaces in the lorry?

21. A firm has divided its marketing area into three zones. The amount of sales
depends upon the number of salesmen in each zone. The firm has been
collecting the data regarding sales and salesmen in each area over a number of
past years.
The information is summarized in table. For the next year firm has
only nine salesmen and the problem is to allocate these salesmen to three
different zones so that the total sales are maximum.
Profit in thousands of rupees
Number of
Salesmen
Zones
1 2 3
0 30 35 42
1 45 45 54
2 60 52 60
3 70 64 70
4 79 72 82
5 90 82 95
6 98 93 102
7 105 98 110
8 100 100 110
9 90 100 110
Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

22. A company has three media A, B, C available for advertising its product. The
data collected over the past years about the relationship between the sales
and frequency of advertisement in the different media is as follows:
Frequency month Estimated Sale (units) per month
A B C
1 125 180 300
2 225 290 350
3 260 340 450
4 300 370 500
The cost of advertisement is Rs. 5,000 in medium A, Rs. 10,000 in medium B &
Rs.20, 000 in medium C. The total budget allocated for advertising the product is
Rs.40, 000. Determine the optimal combination of advertising media and
frequency.

23. Operation Research is an ongoing process. Explain this statement with
examples.
24. State the different types of models used in OR. Explain briefly the general
methods for solving these OR models.
25. Write notes on (Any TWO):
A) OR Models and Schemes of Models
B) Principles of Dominance
C) Pure strategy in Game Theory
D) Importance of Replacement Models
E) Replacement policies with respect to ‘Time Value of money’
F) LINDO and TORA in Simulation
G) Monte Carlo simulation
H) Sequencing : Concepts and Assumptions
I) Major assumptions and limitations of Linear Programming
J) Dynamic Programming Vs Linear Programming

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Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

Paper 2: Entrepreneurial Development

1. Define Entrepreneur and Entrepreneurship. State various characteristics of
Entrepreneur with suitable examples. Differentiate between Entrepreneur and
intrapreneur.
2. Define Entrepreneur and Entrepreneurship. State various characteristics of
Entrepreneur with suitable examples. Differentiate between Entrepreneur and
manager.
3. State the different types of entrepreneur. State the functions of entrepreneur
in brief.
4. Define the role of entrepreneurs in economic development. Explain the factors
affecting the growth of entrepreneurship.
5. Define motivation and various theories of motivation. Explain the theory of
achievement.
6. Define women entrepreneurship and their function with suitable examples.
Mention the trends of growth for women entrepreneur.
7. What are the various types of growth strategies made by the entrepreneurs?
Explain in brief with suitable examples.
8. What are the different forms of ownership structures? Explain in brief with
suitable examples.
9. Define franchise and franchising. State its advantages and disadvantages. State
the trends of franchising in India.
10. Write brief note on idea generation process and evaluation of an idea.
11. State the importance of business plan in entrepreneurship. Briefly explain the
contents and formulation of a business plan.
12. Write brief note on Venture Capitalist. State its importance in
Entrepreneurship.
13. State the need and importance of financial planning in new business. What are
the common errors in business plan?
14. What are the various governmental policies for entrepreneurs?
15. Write note on :
a) SIDBI
b) DIC
c) EDI
d) NSIC
e) SIDO
f) SSIB
g) SSICS
h) SISI
i) Specialized Institutions
Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

16. What are the factors that affect the location decision of manufacturing? Discuss
in detail. What are the various considerations for manufacturing layouts?
17. Write brief note on plant location, plant layout and production design with
reference to retail and service business.
18. Define Small Scale Industry and state the characteristics of SSI. State the
problems of SSI and steps taken by the government to overcome the problems.
19. State the role of SSI in economic development of the country. State the
importance of EDPs.
20. Write note on:
a) NGO & CSR
b) EDPs
21. What is ancillarization system? Explain with suitable example. State the
advantages and disadvantages of ancillarization. Explain the trend of
ancillarization in India.
22. What are the various backward area benefits to entrepreneurs? State the
schemes for educated unemployed. State the various fiscal incentives to
entrepreneurs.
23. What are the various supports available to an entrepreneur for procuring
equipment and marketing their products?
24. State the entrepreneur behavior in context of Techno economics innovation
and entrepreneurship. Explain the Socio psychological factors influencing
entrepreneurship.

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Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

Paper 3: Strategic Management

1. Discuss the concept of ‘Strategic Management’.
2. Define ‘Strategy’. Explain the different phases in development of Concept of
Strategic Management System.
3. Define ‘Strategic Management’. Explain its characteristics.
4. Discuss ‘Strategic Business Units (SBU) and Strategic Business Areas (SBA) in
detail.
5. What are the different levels at which Strategy operates?
6. Discuss the Tasks / Functions of Strategic Management.
7. Discuss ‘Strategic Decision-making’. What are the issues in Strategic Decision-
making?
8. Differentiate between ‘Policy’ and ‘Strategy’.
9. Differentiate between ‘Tactics’ and ‘Strategy’.
10. Define ‘Vision’. What are the benefits of having a ‘Vision’?
11. Define ‘Mission’. How are Missions Statements formulated?
12. Enumerate the characteristics of Missions Statement.
13. Define ‘Goals’ and ‘Objectives’. Explain the role of ‘Objectives’ in detail.
14. Explain the characteristics of ‘Objectives’. What are the issues in Objective-
setting?
15. How are Objectives formulated?
16. Write a short note on ‘SWOT Analysis’.
17. Discuss ‘Resource Based Approach’ or ‘Resource Analysis’ in detail.
18. Write a note on ‘Competencies’.
19. Write a note on ‘Organizational Capability’.
20. Explain ‘Value Chain Analysis’ in detail.
21. Explain the Five Forces Model in Competitive Analysis.
22. Explain the concept of ‘Environment’. Discuss the characteristics of
Environment.
23. What is ‘Environmental Scanning’? What are the factors to be considered for
‘Environmental Scanning’?
24. What are the different approaches to ‘Environmental Scanning’?
25. What are the different sources for ‘Environmental Scanning’?
26. What are the different methods and techniques for ‘Environmental Scanning’?
27. List the different dimensions of ‘Grand Strategies’. What are the major reasons
for adopting different ‘Grand Strategies’?
28. Explain ‘Stability Strategies’ in detail.
29. Explain ‘Expansion Strategies’ in detail.
30. Explain ‘Mergers’ in detail.
31. Explain ‘Takeovers’ in detail.
Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

32. Explain ‘Joint Ventures’ in detail.
33. Explain ‘Strategic Alliances’ in detail.
34. Explain ‘Turnaround Strategies’ in detail.
35. Explain ‘Divestment Strategies’ in detail.
36. Explain ‘Liquidation Strategies’ in detail.
37. Explain ‘Combination Strategies’ in detail.
38. Explain ‘Business Level Strategy’ in detail.
39. Explain ‘Functional Level Strategy’ in detail.
40. Explain ‘Portfolio Analysis’ in detail.
41. Explain ‘BCG Matrix’ in detail.
42. Explain ‘Arthur D Little Matrix’ in detail.
43. Explain ‘Balance Scorecard’ in detail.
44. What are the reasons for Globalization?
45. Explain ‘Global Expansion Strategy’ in detail.
46. Explain ‘International Portfolio Analysis’ in detail.
47. Explain 7s framework in detail.
48. What are Strategic Business Units (SBU’s)? What are the Merits and Demerits of
SBU?
49. Explain Strategic Evaluation & Control in detail.
50. Explain Fundamentals of six sigma approach for continuous improvement.

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Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

Paper 4: Business Ethics & Corporate Governance
1. What is the concept of ethics? Explain value by giving its types.
2. Detailed note on moral development pyramid.
3. What are ethical actions? Explain in the context of morals and morality.
4. Differentiate between morals, values and beliefs.
5. Short note on religiousness and law.
6. What is ethical decision making? State the factors affecting ethical decision
making.
7. Write a detail note on Gandhian Approach to ethics.
8. Short notes on: 1) Friedman’s Economic theory 2) Kant’s Deontological theory.
3) Mill & Bentham’s Utilitarianism theory 4) Aristotle’s virtue based ethics
9. Explain “Ethics myth or reality”
10. Describe the Global trends in business ethics with special reference to LPG.
11. Short notes on: 1) Indian business scene 2) Business ethics rating in India
12. What is organization ethics? Mention the factors affecting organization ethics.
13. What is corporate ethics code? How can it be formulated?
14. Short note on: 1) professional ethics code 2) Advantages of Corporate ethics
code
15. Describe the concept of social responsibility towards its stakeholders and
society as a whole.
16. Short note on: 1) role of NGO 2)Environmental ethics
17. What is corporate Governance? State its objectives and features.
18. What is corporate governance code? Also mention Cadbury committee report &
CII committee report
19. Explain corporate governance for public sector.
20. What is insider trading?
21. Short note on: 1) TATA Finance 2) Enron Case 3) UTI case
22. What is ethical marketing? What are the challenges in ethical marketing?
23. Describe the ethical issues in buyer seller relation and their responsibilities
towards each other.
24. Describe ethics in the context of pricing and promotion.
25. What is ethical marketing? Explain with reference to product labeling and
packaging.
26. Write a note on social and ethical media and advertising.
27. What is marketing research? What are the ethics involved in market research?
28. Short note on: 1) alcohol consumption 2) tobacco consumption
29. What is green marketing?
30. Describe the various ethical issues in HRM.
31. Explain the ethics involved in recruitment and selection.
Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

32. Short note on: 1) Employment Interview 2) Nepotism 3) Psychometric
Instruments
33. What is discrimination? Explain types of discrimination.
34. Short note on: 1) Presenteesim 2) Flexible working hours 3) Dichotomy
4)professional loyalty 5) Performance management 6) Employee participation
and involvement
35. What are the ethical issues involved in IT?
36. What are computer crimes and measures to prevent it?
37. Short note on: 1) Software Piracy 2) Computer Abuse 3) Internet Crimes
4)Hacking
38. What is Intellectual Property Act? Explain designs, patents, trademarks and
copyrights.
39. What are the ethical issues related to product design?
40. What is product development? Explain the ethics in new product development.
41. What are safety management policies?
42. Short note on: Ford pinto case
43. What is ethical auditing?

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Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

Paper 5: Public System Management
1. Explain the concept of public welfare and public system.
2. What are the types of public system in India? State its weaknesses.
3. Explain the concept of public goods and services. What are the issues of public
system India?
4. State the objectives and roles of public enterprise.
5. Write a note on Public Enterprise Reform measures taken up in India.
6. What do you mean by Energy Management? What is Energy Audit?
7. Explain the concept of conservation of energy.
8. What are the Conventional and non-conventional forms of energy?
9. Explain utilization of solar energy and wind energy.
10. Explain Biomass as a source of energy
11. Explain the scientific utilization of Agricultural water. What do you understand
by water crisis management?
12. “Inspite of various benefits Sardar Sarovar Dam has been marred with
controversies”. Discuss the statement.
13. Explain education system in India.
14. How education in a country is related to the economic growth of the country?
15. Differentiate between University of Yale and IIM.
16. What are the steps taken by Government of India to promote basic education in
India?
17. Explain the evolution of Telecommunication industry.
18. What is the impact of telecommunications on rural development?
19. How the resources of telecommunication in India be mobilized?
20. Discuss the goals and functions of Health System Management of Indian
Government.
21. Explain five primary methods of funding health care system.
22. Do you think health care is been given due importance in India? Justify your
answer.
23. What do you understand by ‘Infrastructure Management’?
24. Explain the implementation issues involved in Infrastructure management.
25. Explain the features of road transportation, air transportation, railways.
26. What has been various policy measures taken by the government since 1991 to
develop roadways?
27. Explain the term ‘Public Private Partnership’.
28. Explain the concept & role of PPP in development of public system.

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Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

Paper 6: Project Management and Quality Management
1. What is a Project? Discuss in detail about project management
2. What is a project Organization? Discuss Matrix organization.
3. Write a detail note on project life cycle.
4. What do you understand by process groups?
5. Describe Process Flow Diagram in detail.
6. What is Activity Sequencing in time management? How Resource and Duration
Estimation is done.
7. Write a note on Cost vs. Quality Management in Projects.
8. How procurement is done in projects?
9. Write notes on :
a. Qualitative vs. Quantitative Risk Analysis
b. Risk Monitoring and Control
c. Scope management
10. What is the quality? Write a detail note on total quality system.
11. What do you mean by Taguchi “Loss Function” concept?
12. What is the Statistical Process Control?
13. What are the Control Charts for Attributes?
14. Discuss Total Quality Management.
15. What is Reliability? Discuss Product Life Characteristic Curve.
16. Write in detail about Japanese vs. American Techniques.
17. Discuss -
a. ISO 9000
b. ISO 14000
c. BS 7799 ISMS
d. BSI (UK),
e. VDE (GERMANY)
f. BIS (INDIA);
g. NABCB: National Accreditation Board for Certification Bodies.
h. Bureau Veritas Quality International.
18. Write notes on:
a. Pareto Analysis
b. Ishikawa (Cause/Effect) Diagrams
c. Failure Modes and Effects Analysis
d. Brainstorming
e. Contributions: Deming and Juran
f. Capability Index
g. KAIZEN
h. Six Sigma

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Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

GROUP A: MARKETING MANAGEMENT
Paper 3: Retail Management

1. Define Retail, Retailer, and Retailer Mix. Explain the elements of Retail Mix
with examples.
2. Discuss the challenges and opportunities to Retail industry in India in detail
3. What are different types of store retail Formats. State the merits and demerits
of each.
4. Discuss the different types of Non- Retail formats with relevant examples for
each format.
5. What is Retail Planning Process? What are the different types of store layout?
Explain with examples.
6. Describe the location selection decision. Why location decision has become
important in recent years?
7. What are the different factors which affect the buying behavior of the
consumers in Retail industry?
8. Write short notes on Consumerism and ethics in retailing.
9. What do you mean by CRM? Discuss the implementation CRM in retailing.
10. Write short notes on Financial Implications of Retail Strategy.
11. Describe Merchandise Mix and category management and its importance in retail
stores.
12. Write short notes on SKU’s and assortment Planning Process. What is Store
Design? Explain the interiors and exteriors of Store design with examples.
13. Write short notes on Visual Merchandising and Retail display.
14. Write short notes on Retail Advertising.
15. How will a local national retailer plan the retail promotions?
16. What role can technology play in enhancing customer experiences? Explain with
examples.
17. Write short notes on RFID and Coding systems.
18. What is the importance of store design? Discuss the elements of store Design.
19. Write short notes on Mark ups and Market skimming.

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Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

GROUP B: FINANCIAL MANAGEMENT
Paper 3: Indian Financial Management

1. What are the components of formal financial system? How the market based
financial system is preferable to a based financial system?
2. What is money market? What steps have been taken to develop the Indian
money market?
3. What is meant by “Private Placement “? What are the reasons for growth of
private placement market in India?
4. Why is the debt market an important segment of the capital market? Who are
the participants in the debt market?
5. What is the role of SEBI in protecting the interest of investors in securities
market? How far it has been successful?
6. Explain the functioning of the NSDL and the SHCIL.
7. What are the main features of Indian derivatives markets? Which issues still
need to be resolved for the growth of the Indian derivatives market?
8. “UTI, the largest mutual fund of India, is in troubled times.” Discuss the SEBI
regulations relating to mutual funds.
9. State the latest guidelines of SEBI with reference to merchant bankers in India.
10. Explain the concept of forfeiting. What are the benefits of forfeiting?
11. Enumerate and explain various reforms undertaken in the Indian financial
markets since 1991.
12. What are Repos? State the different types of repos. How does the Reserve Bank
use repos as a tool for managing liquidity in the money market?
13. What is Capital Market and its functions? How does it help economic growth?
14. Explain in brief the history of Indian debt Market. Who are the players in the
government securities market?
15. Discuss the role of the RBI as a regulator and supervisor of financial system.
16. Are custodians relevant today when the depository system is functioning
successfully? Justify your answer.
Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

17. What are derivatives? State the reasons for the explosive growth of derivatives
in India.
18. Which are the benchmarks for measuring performance of the debt funds and
how can they be popularized?
19. Write a detailed note on origin and development of merchant banking in India.
20. Write short notes on (any TWO) :-
(i) Plastic money
(ii) NAV and Pricing of mutual fund units.
(iii) DEMAT
(iv) Future trading strategies.

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Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

GROUP C: HUMAN RESOURCE MANAGEMENT
Paper 3: Training & Development Practices

1. Explain various models and techniques of Manpower Planning in relation to
Technological advancement.
2. Explain the concept of Demand Analysis. What are the Sources of Recruitment?
3. Elaborate ‘Human Resources are the most important resources of an
organization’.
4. What is Training? Discuss various methods of training with relevant examples.
5. State the significance of training and its types.
6. How training programmes can be beneficial to an organization.
7. Describe the nature, scope and objective of training programme.
8. What is meant by Training Need Analysis? Explain the suitable environment and
areas of Training.
9. Explain the need of training. What is the effect of training on Manpower?
10. “We tend to make various types of errors while judging others.” Discuss the
statement with reference to training need.
11. What are the important aspects while designing a training programme?
12. Explain the objectives of training. State the methods of training design.
13. Explain the term ‘TOT’. Why it is needed?
14. Explain the Approaches of training. State the various training methodology
adopted by an organization.
15. What do you mean by “Cross Cultural Training”. Explain the specific areas
where it is required.
16. Write a note on:-
(a) On-the-job training
(b) Off-the-Job training
(c) Role Play
(d) Brain Storming
17. What are the skills that are required to be an effective trainer? Give reasons
about each skill and explain how it helps.
18. Explain the skills of an effective trainer.
19. Write short notes on:-
(a) Body Language.
(b) Communication skills
(c) Creativity
(d) Knowledge
20. How the measurement of the effectiveness of Training is made? What are the
types of evaluation techniques used?
Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

21. Why feedback from trainees’ is important? What do you understand by
Evaluation of trainers?
22. “Measurement of training effectiveness and evaluation of trainers is essential”
Elucidate.
23. Explain the input-output ratio analysis for judging the effectiveness of training
programme.
24. Explain the concept of cost training. Do you think that cost incurred for
training would yield results in terms of effectiveness to the employees?
25. What do you mean by HRD audit and cost incur in training?
26. What is Management Development Programmes? Explain the importance of MDP
and their usefulness.
27. Explain the concept of MDP. What are the methods and techniques of MDP?
28. How to overcome the pitfalls related to training & development.
29. Explain the training modules in Indian organizations and Global organization.
30. Write notes on:-
(a) Evaluation of training modules
(b) Group discussion method
(c) In Basket training
(d) Management Games

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Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

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Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

GROUP H: BANKING & FINANCIAL SERVICES MANAGEMENT
Paper 3: Laws and Regulations to Banking

1. What are the main functions of R.B.I. stipulated in the RBI Act 1935? Explain
them in detail.
2. What do you understand by “Core Banking Services” (C.B.S.)? How it is
beneficial to customers as well as bankers?
3. What is the main function of Clearing House? How it helps the bankers and
customers?
4. What is the importance of RTGS payment system? Explain the system adopted
by banks for following the provisions.
5. Write in brief about credit of exporters under preshipment credit and post
shipment credit by banks in India.
6. Explain the definition as provided in UCPDC 500 in respect of :
a) Irrevocable letter of credit
b) Confirmed letter of credit
c) Transferrable letter of credit
7. Explain NRE, NRO and FCNR accounts that banks open for non Resident Indian
Customers.
8. How the KYC norms originated in India? Elaborate the importance of KYC
Framework.
9. Highlight on the features of cyber laws as applicable to banks in India.
10. Write short notes (Any TWO) :
a) Vasdtro Account
b) CHIPS Account
c) SWIFT
d) FEDWIRE
11. Evaluate the significant features of Negotiable Instruments Act with
appropriate examples.
12. Write a detailed note on “Clearing House settlement between banks.”
13. Discuss the main features of real Time Gross Settlement System (RIGS).
Shri Sai Shikshan Sanstha’s
NIT GRADUATE SCHOOL OF MANAGEMENT
www.nitgsm.edu.in

--------------------------------------------------------------------------------------------------
Campus: Survey No.13/2 Mahurzari, Katol Road, Nagpur – 441 501

14. “Core Banking Service requires a huge attention of Banking Companies “.
Elucidate.
15. Write a detailed note on “Export Finance.”
16. Elucidate the laws relating to Shipment.
17. Explain in details regarding laws relating to NRI Accounts.
18. How Banks develop relationship with customer through KYC (Know Your
Customer) norms.
19. How is cyber law applicable Bank? Write down various precisions under the
Cyber law.
20. Write short notes ( Any TWO ) :-
(a) NASTRO Accounts,
(b) SWIFT,
(c) Operation of UCPDC 500,
(d) Needs for better services in Bank.

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