2015 (May)
COMMERCE
(General / Speciality)
Course: 603
Time: 3 hours
(Indian Financial System)
Full Marks: 80
Pass marks: 32
The figures in the margin indicate full
marks for the questions
1. Answer the following as directed: 1x8=8
(a) Indian
financial system comprises of both organized and _____ sector. (Fill in the
gap)
(b) SEBI
was given legal status in the year _____. (Fill in the gap)
(c) Non-banking
assets and Non-performing assets are synonymous term. (Write True or False)
(d) The
Indian money market does not deal in cash or money but in promissory notes,
government paper. (Write True or False)
(e) Mention
one function of underwriters.
(f) Which
system does the RBI follow for issuing paper currency note?
(g) New
issue market has organizational set-up. (Write True or False)
(h) Industrial
Development Bank of India (IDBI) accepts deposits from the public. (Write True
or False).
2. Write short notes on (any four) : 4x4=16
(a) Rural
Banking System.
(b) Functions
of New Issue Market.
(c) Call
Money Market.
(d) Commercial
Paper.
(e) Types
of Mutual Fund.
(f) Importance
of Credit Card.
3. (a) Define financial system. Discuss about the present
structure of Indian financial system. 3+8=11
Or
(b) Discuss the Indian financial
system by highlighting its features and weaknesses. 5+6=11
4. (a) Explain the sources and application of funds of the
commercial banks in India. 11
Or
(b) Discuss the changing role of
Indian commercial bank in the context of economic reforms.
5. (a) Discuss the credit control methods adopted by the RBI
in Indian Banking system. 11
Or
(b) Discuss the functions of the
Reserve Bank of India as the banker’s bank and clearing house.
6. (a) Discuss briefly the financial services provided by
the merchant banks in Indian capital market. 11
Or
(b) What is Stock Exchange? Explain
its significance in the development of Indian capital market. 3+8=11
7. (a) Describe the role of SEBI in the development of
Indian capital market. 12
Or
(b) What is Mutual Fund? Explain
how mutual funds help in creating a healthy capital market. 12