He said, "Prima facie, it appears that the data in the question, which was supposed to be presented in a descending order, was not presented in the correct format. However, there is no case of the question being out of syllabus."

"We had received a few telephone calls from some of the students pointing out the error in the question relating to the discounting factor."

The question carried 15 marks out of the 60-mark paper for the financial management subject.

A two-member panel comprising the chairman of the board of studies and a member to be appointed by the dean of the management faculty, will look into the matter and submit its report in the next two or three days, he said.

"We will act as per the recommendation of the panel's report", "Whatever decision we take, will be in the interest of the students. We have to first see what went wrong and whether the error is big enough to take major action."

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