Indian Financial System Important Questions With Full Notes [Gauhati University BCOM 1st SEM NEP Syllabus]

Indian Financial System Important Questions With Full Notes 
[Gauhati University BCOM 1st SEM NEP Syllabus]

Exam Pattern & Blueprint

Duration: 2½ Hours

Total Marks: 60 Marks (End Term Exam)

Question Type

Total Questions Asked

Questions to Attempt

Marks per Question

Total Marks

Objective / MCQs

8

8 (Compulsory)

1 Mark

8 Marks

Very Short Answer

10

Any 6

2 Marks

12 Marks

Short Answer

8

Any 4

5 Marks

20 Marks

Long Answer

5

Any 2

10 Marks

20 Marks

Total

31 Questions

20 Questions

60 Marks

Chapter wise Important Question Bank

Unit 1: Introduction to Financial System

1. What is a financial system? Explain the basic features of the Indian Financial System. Describe the core functions of the Indian Financial System. [2025] [2023]

2.  What are essential elements or components of Indian Financial System?  [2023]

3. Give an account of recent developments in the Indian Financial System. [2024]

4. Discuss the major components of a developed financial system and their role in economic development. [2023, 2024, 2025]

Unit 2: Financial Markets (Money Market & Capital Market)

1. What is a Financial Market? Mention its main categories. State two differences between Money Market and CapitalMarket. [2023, 2024, 2025]

2. What is capital market? What are its features and types? State five key differences between Money Market andCapital Market. [2023, 2024]

3. What is a Money Market? Mention itsdistinguishing features. Explain in brief the various sub-markets of the indian money market. [2023, 2024, 2025]

4. What is a Primary Market and secondary market? Distinguish between Primary Market and Secondary Market.[2024, 2025]

5. What is online trading? Mention its benefits and limitations of online trading in the stock market. [2025]

6. What are the major participants in the Indian Money Market and capital market? Explain. [2024, 2025]

7. Discuss the characteristics of a well-developed money market and its role in economic growth. [2023, 2025]

8. Discuss the various functions and importance of the Stock Market / Stock Exchanges. [2023, 2024, 2025]

Unit 3: Financial Institutions (Banking & Non-Banking)

1. What is Commerce banks? Discuss the various types of commercial banks. [2023]

2. Describe the primary (acid-test) and secondary functions of commercial banks. [2023, 2025]

3. Explain the overall structure of the Indian Banking System. [2024]

4. What is a Scheduled Bank and non-scheduled banks? Distinguish between Scheduled and Non-Scheduled Banks. [2025]

5. What is a Mutual Fund? Discuss the different types (Balance fund), advantages, and disadvantages of mutual funds.[2024, 2025]

6. Write a comprehensive note on Regional Rural Banks (RRBs). [2024, 2025]

7. What is NBFCs? Discuss the characteristics and role of Non-Banking Financial Institutions (NBFIs). Distinguish between Non-Banking Financial Institutions (NBFIs) and Banks. [2024, [2024]

8. Write a brief note on structure of NBFCs.

9. Give the meaning of Pension Fund with examples. [2023]

10. Name two important legislations directly related to the banking sector in India. [2024]

Unit 4: Financial Services

1. Define the term Financial Service. State the key features and importance of financial services. [2023, 2024]

2. Explain the different fund-based and fee-based financial services. [2024, 2025]

3. Define Venture Capital. State the benefits of Venture Capital financing. [2023, 2024]

4. Define Lease Financing / Leasing. [2023, 2025]

5. What is factoring? Write the significance of Factoring in financial services. [2024]

6. What is financial instruments? What are its features?

Unit 5: Regulatory Institutions

1. Write the full forms of: IRDAI, PFRDA, and CRISIL. [2024, 2025]

2. What is RBI? Discuss the organisational setup of the Reserve Bank of India (RBI). [2023]

3. Discuss in detail the core functions of the Reserve Bank of India (RBI). [2024, 2025]

4. Discuss the role of RBI as aregulator and supervisor of the Indian Financial System. [2023]

5. What is credit control? Explain the quantitative and qualitative objectives of credit control. [2025]

6. In which year did SEBI come into effect? Write its main objectives of SEBI. [2023, 2025]

7. Discuss the organizational structure, powers, and functions of SEBI. [2023, 2024]

8. What is IRDAI? What are its objectives. Explain the regulatory role and functions of IRDAI. [2023, 2024]

9. Define Insurance and its regulatory purpose. [2025]

10. What is PFRDA? What are its functions? Explain the regulatory role and setup of PFRDA. [2023, 2024]

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