2020
B.Com (VI Semester) Examination
COMMERCE
Paper : BCM–604 (Gr–C) (Old Course)
( Investment Analysis and Portfolio Management )
Full Marks : 80
Pass Marks : 35%
Time : Three Hours
SECTION—I
1. Answer any five of the following questions : 2×5=10
(a) What is company analysis?
(b) Give two features of technical analysis.
(c) Distinguish between support and resistance.
(d) What is formulation?
(e) What is price pattern?
(f) Give two features of charting.
(g) What is portfolio?
2. Answer any four of the following questions : 5×4=20
(a) What is portfolio theory? What are different types of portfolio theories?
(b) What is trend identification? Explain it with the help of suitable examples.
(c) Distinguish between industry analysis and company analysis.
(d) What is moving average? How is it calculated?
(e) Give five reasons for investment analysis.
(f) Explain the term APT.
(g) “Saving is the mother of investment.” Explain.
(h) Distinguish between portfolio and security.
SECTION—III
3. Answer any five of the following questions : 10×5=50
(a) Elaborate in detail the efficient market theory.
(b) “Fundamental analysis is the basis of technical analysis.” Explain this statement.
(c) What is market cycle model? Explain its features.
(d) Define ‘risk’ and ‘return’. Elaborate Markowitz model of risk-return optimization.
(e) What is Hedge fund? What is the significance of Hedge funds in portfolio management?
(f) Define momentum analysis. Elaborate its importance in technical analysis.
(g) What is equity style management? Explain its benefits of portfolio management.
(h) “Portfolio management is a game of stock market.” Elaborate this statement.
(i) Define asset-pricing model. Also discuss its role in investment decisions.
