Dibrugarh University B.Com 6th Sem: Indian Financial System Question Papers (May'2019)


2019
(May)
COMMERCE
(General)
Course: 603
(Indian Financial System)
Time: 3 hours
The figures in the margin indicate full marks for the questions
 (NEW COURSE)
Full Marks: 80
Pass Marks: 24
1. (a) Fill in the blanks:   1x4=4
1)         _______ functions as an intermediary between savers and investors.
2)         In stock exchange where the ownership, management and trading are concentrated in single group, it is called _______.
3)         _______ is the regulatory body of merchant banking in India.
4)         The company which sets up a mutual fund is called _______.
(b) State whether the following statements are True or False:       1x2=2
1)         At present, there are fourteen nationalized banks in India.
2)         Regional rural banks were established in 1975.
(c) Choose the correct answer:        1x2=2
a)         The RBI is the lender of last resort for which of the following?
1)         Central Government.
2)         Commercial Bank.
3)         State Government.
4)         Stock Market.
b)         Which of the following is a financial asset?
1)         Gold.
2)         Silver.
3)         Share.
4)         Land.
2. Write short notes on (any four):            4x4=16
a)         Weakness of Indian financial system.
b)         Functions of commercial banks.
c)          Types of mutual funds in India.
d)         Asset Management Company.
e)         Role of NABARD in development of agriculture.
3. What do you mean by financial system? Explain various components of a developed financial system.           4+10=14
Or
Explain the role of financial system in economic development of a country. Highlight the features and weakness of Indian financial system.          5+4+5=14
4. What are various innovative services provided by banks in current banking system? Elaborate.  14
Or
What do you mean by rural bank? Discuss in detail their objectives and functions.    4+5+5=14
5. Distinguish between money market and capital market. Discuss the recent developments that have taken place in Indian money market.      6+8=14
Or
Define merchant banking. Mention its nature and functions. Explain the role of merchant bankers in Indian capital market towards providing financial services.            3+3+3+5=14
6. Discuss the functions of Securities Exchange Board of India. How does SEBI protect the interest of investors? Explain. 6+8=14
Or
What is mutual fund? Explain how mutual funds help in creating a healthy capital market.       5+9=14
(OLD COURSE)
Full Marks: 80
Pass Marks: 32
1. (a) Fill in the blanks:                         1x3=3
1)         The bill which does not require acceptance is called _______.
2)         The major player in Indian financial market is _______.
3)         The company which manages mutual funds is called _______.
(b) State whether the following statements are True or False:       1x3=3
1)         Indian money market does not deal in cash or money but in promissory notes.
2)         Non-banking assets and non-performing assets are synonymous.
3)         NABARD is a development bank.
(c) Choose the correct answer:            1x2=2
1)         Who issues currency notes of rupee one and other lower subsidiary coins?
a)         RBI.
b)         Commercial Bank.
c)          Ministry of Finance.
d)         Bank Note Press.
2)         In which year SEBI was enacted?
a)         April 12, 1972.
b)         April 2, 1982.
c)          April 12, 1992.
d)         April 12, 1962.
2. Write short notes on (any four):                 4x4=16
a)         Characteristics of Indian financial system.
b)         Banking innovations.
c)          Organizational structure and management of RBI.
d)         Export-Import Bank of India.
e)         Limitations of Stock Exchange in India.
f)          Difference between primary market and secondary market.
3. Define financial system. Discuss the functions of Indian financial system in economic development of the country. 3+8=11
Or
“Financial market and financial institutions play an important role in financial system.” Explain.               11
4. Describe the recent development in the activities of commercial banks. What challenges do they face from private sector banks?              5+6=11
Or
What do you mean by rural bank? Explain the role of NABARD in the development of agriculture.         3+8=11
5. Discuss the functions of the Reserve Bank of India as the banker’s bank and clearing house.                   11
Or
What is the need of Central Bank in India? Examine the role of Central Bank in a developing economy.               4+7=11
6. What is the instrument of money market? Explain the role of Indian money market in Indian financial system.    4+7=11
Or
What do you mean by new issue market? Discuss the functions of new issue market.                                 3+8=11
7. Explain the role played by SEBI in protecting investors’ interest and controlling the business of stock exchange.      12
Or
“Mutual funds provide stability to share prices, safety to investors and resources to prospective entrepreneurs.” Discuss. 12

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