2016
(May)
COMMERCE
(General/Speciality)
Course: 603
(Indian Financial System)
Full Marks: 80
Pass Marks: 32
Time: 3 hours
The figures in the margin indicate full
marks for the questions
1. (a) Fill up the gaps: 1x4=4
a)
Under Section ____ of the RBI Act, the RBI
issues notes.
b)
The bill which does not require any acceptance
is called ____.
c)
The company which sets up a mutual fund is
called ____.
d)
Sponsoring commercial bank contributes ____% of
the total share capital of the Regional Rural Bank.
(b) Write True or False: 1x4=4
a)
Bank deposit is a non-marketable security.
b)
Government bond is a long-term security.
c)
Certificate of deposit can be issued only by
commercial bank.
d)
Credit card is a prepaid card.
2. Write short
notes on (any four): 4x4=16
a)
Liquidity management.
b)
E-banking.
c)
Merchant bank.
d)
Source of funds of commercial banks.
e)
Lead Banking.
f)
Clearing function of the RBI.
3. (a) Give an
overview of the Indian financial system. 14
Or
(b) Discuss about
the major reforms undertaken in the Indian financial system during post-liberalization
period. 14
4. (a) Discuss
the recent development that have taken place in the activities of commercial
banks. What challenges do they face from the private sector banks? 8+6=14
Or
(b) Discuss about
the organization and management of RBI.
5. (a) Define
money market. Explain the different sub-markets of money market. 4+10=14
Or
(b) What is
secondary market? Distinguish between primary market and secondary market. 5+9=14
6. (a) Explain
the different types of mutual fund schemes in India. 14
Or
(b) How does SEBI
protect the interest of investors? Explain. 14