The Institute of Company Secretaries of India 2005 CS Foundation: English

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What is a curriculum vitae (CV) ? elaborate the purposes of CV ? What forms the content of CV ? provide a specimen CV assuming that an insurance company has advertised for the recruitment of a Company Secretary. (15 marks)

4. Attempt any 3 of the subsequent : (5 marks each)

(i) Yahoo Bank, having head office at Manipal, Karnataka has fully computerised its branch at 1643, Thane Road, Najafgarh, New Delhi which is to be inaugurated on 23rd June, 2005 at 9.45 a.m. by Vijay Kumar, Chairman and Managing Director of the bank. The bank is soliciting gracious presence of 1 and all. Draft an invitation for putting it as an advertisement in Delhi newsprints.

(ii) Draft a fax message to the Branch Manager of your bank requesting him to stop payment of a certain cheque.

(iii) Your firm has issued a tender notice (No.TGBP/PEMC/02 dated second May, 2005) for purchase of 500 KVA DG set specifying the last date of receipt of tenders as 15th June, 2005 instead of second June, 2005. Draft a corrigendum for publication in the newsprint.

(iv) Draft a warning notice for public info that anyone doing business with Rajesh, whose services had been terminated by the company, would be doing so at one’s own risk.

5. Attempt any 3 of the subsequent : (5 marks each)

(i) What is a press release ? How is it various from press report ?

(ii) A circular informing the employees about re-starting of the office canteen and advising them to use it only during the break.

(iii) “Office orders are various from memoranda.” If yes, provide any 2 distinctions (points only). Also provide a specimen of an office order.
(iv) A brief report from the Personnel Manager justifying the employees’ demand for raising conveyance allowance in view of hike in the prices of petroleum products.


6. Write an essay of about 300 words on any 1 of the following: (15 marks)

(i) Value Added Tax (VAT)
(ii) Subsidies and the poor
(iii) Business ethics
(iv) India — an economic super power in 20 years.

7. Make a precis of the subsequent passage in about one-third of its length and suggest a suitable title (Use precis-sheet provided at the end of the ans book) : (12+3 marks)

Ever since the liberalisation process was initiated by the government in 1991, Indian organisations are striving to put themselves on the world map of world class business. In the situation of the revised economic policy, there is a great deal of realisation that even to exist in domestic business, an organisation should have a product or service comparable to the world class organisations or else they will have to leave the scene giving way to more competitive organisations. The liberalisation process which started with the private sector industries continues with the introduction of the Insurance Bill throwing open the insurance sector to MNCs and private sector investment. With the stand taken by a major political party on this issue, it is very obvious that it is going to be fait accompli that the fate of the insurance industry is like the fate of any other industry having to compete with efficient and effective organisations, both domestic and foreign. When 1 looks at the reality of the situation, 1 thing is very clear: whichever party is going to be in power, there is no other option for the Indian organisations but to prepare themselves to become globally competitive. In a nutshell, it is going to be an era of survival of the fittest. In the light of the above environment, organisations have realised the need for change and are initiating a lot of interventions to position themselves with products and services comparable to world class organisations. With the entry of multinational organisations, a customer has a very wide range of option to choose from and he is going to select a product or service which is cost effective without any compromise on quality.

In the era of monopoly and control, the subsequent formula was valid for any organisation : Cost + Profit = Selling Price. In the light of protection enjoyed by many organisations, whenever there was a cost escalation or when the profit was inadequate, the organisations were in the envious position to increase the price without any resistance for the inefficiency and ineffectiveness. It was a sellers’ market. But with the entry of competition, the formula has changed to Selling Price – Cost = Profit. This formula assumes great significance and will change the fate of many organisations. The selling price is decided by the competition and the organisations will obtain themselves in a buyers’ market. With the availability of cost effective products with superior quality, organisations cannot increase the price at their own choice. This means that there is no other option but to become effective by improving the productivity parameters of quality, cost, delivery and service.
(434 words)

Earning:   Approval pending.