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Saturday, 13 April 2019

NMIMS INTERNAL ASSIGNMENT APPLICABLE FOR JUNE 2019 EXAMINATION


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INTERNAL ASSIGNMENT APPLICABLE FOR JUNE 2019 EXAMINATION

Retail Banking
1. Rural areas as still majorly an untapped market for various sectors. This is especially true for the Banking Sector What are the need /reasons for commercial banks to open branch operations in a rural area? Discuss the various retail banking products these banks can offer in a rural area, considering the lower level of financial literacy.
2. The Banking sector has seen tremendous competition off late, with every major bank offering similar and all kinds of services. This makes it critical for them to make themselves visible and reach out to customers. What are the different Marketing modes and the different Distribution channels available for commercial banks to be able to reach customers and service them extensively? Discuss the Marketing mode and Distribution channels for a commercial bank if it has to open branch operations in a rural area.
3. The Retail Banking environment has seen a tremendous change in the past few years. This is especially true in the case of Urban markets where the entry of private and foreign banks has given the Retail Banking customers any options to choose from. With reference to this dynamic changes in retail banking in the urban market discuss the aspects as given below
a. What are the recent trends seen in the Retail Banking scenario adopted by banks to provide better products as well as enhance their operations?
b. Discuss the various possible ways in which retail banks improve their operational efficiency, provide better customer service and at the same time generate better revenues/profits.

Cost & Management Accounting
1. The roles and responsibilities of accounts manager are different from cost manager as both the types of accounting differs from each other. Prepare a presentation highlighting the points of difference between financial accounting and cost accounting.
2. Discuss any five costs other than the accounting costs, with suitable example, which are usually taken into consideration by managers for financial decision making.
3. The following information is available about a product for the month of June 2019.
Material Purchased 24000 kgs@ 105600 Material consumed 22800 kgs Actual wages paid for 5940 hours Rs 29700 Units produced 2160
Standard rates and prices are as follows Direct material cost Rs4 per unit Direct labour cost Rs4 per hour Standard input 10kg for one unit
Based on the data and information, calculate relevant-
a. Material variances
b. Labour variances

Marketing of Financial Services
1. Develop a Service Marketing Mix (using 8 Ps) for an Asset Management Company (Mutual Fund) of your choice.
2. One of your clients wants to apply for a Home Loan in the next 12 to 18 months. Few years back the client had lost his job and delayed his credit card payments. The client is worried that this may impact his credit score maintained by Credit Bureaus. Suggest a roadmap to your client to improve his credit score.
3. You are a Financial Planner. Your client Raj Shah aged 36 years works with a Pharmaceutical company. His wife Pooja works part time with a NGO. They have one daughter Ritu aged 4 years. The couple requires your help to make some financial decisions. (You can make any assumptions to further build up your case.)
a. Raj wants to buy a Pure Risk Life Insurance cover. He is confused whether he should buy a ULIP, Endowment or a Term Plan. Recommend the product best suited for him giving valid reasons.
b. Raj and Pooja want your help to invest for Ritu’s higher education which they estimate would be required after 15 years.

GET SOLVED ASSIGNMENTS AT NOMINAL COST
YOU MAY CALL US ON - 7506193173
WHATSAPP NUMBER- 9967480770

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