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BCM-306
IndIan FInanCIal SySteM
Hkkjrh; foÙkh; iz.kkyh
Bachelor of Commerce (B. Com.-17) Third Year, Examination-2020
Time Allowed : 2 Hours Maximum Marks : 80 note : This paper is of Eighty (80) marks divided
into Two (02) sections A and B. Attempt the question contained in these sections according to the detailed instructions given therein.
uksV % ;g iz'u i=k vLlh (80) vadksa dk gSA tks nks (02) [k.Mksa d rFkk [k esa foHkkftr gSA izR;sd [k.M esa fn, x, foLr`r funsZ'kksa ds vuqlkj gh iz'uksa dks gy dhft,A
Section-a/
[k.M&^d*
(Long Answer Type Questions/
nh?kZ mÙkjh; iz'u)
Note : Section-‘A’ contains Five (05) Long answer type questions of Twenty (20) marks each.
Learners are required to answer any two (02) questions only. (2×20=40)
uksV % [k.M&^d* esa ik¡p (05) nh?kZ mÙkjh; iz'u fn, x, gSa] izR;sd iz'u ds fy, chl (20) vad fu/kZfjr gSaA f'k{kkfFkZ;ksa dks buesa ls dsoy nks (02) iz'uksa ds mÙkj nsus gSaA
1. Explain the meaning and structure of Financial system. Identify the principal intermediaries involved in Indian Financial Markets.
foÙkh; iz.kkyh dk vFkZ vkSj lajpuk dh O;k[;k dhft,A Hkkjrh; foÙkh; cktkjksa esa 'kkfey izeq[k eè;LFkksa ds ckjs esa crkb,A
2. What do you mean by ‘Term structure of Interest rates’ ? How is the shape of yield curve is determined ?
^C;kt njksa dh vof/ lajpuk* ls vkidk D;k vfHkizk;
gS\ izfriQy@izkfIr oØ dk vkdkj dSls fu/kZfjr fd;k tkrk gS\ O;k[;k dhft,A
3. Distinguish between Primary market and Secondary market. State the various ways a company may raise capital in the Primary market.
izkFkfed cktkj vkSj f}rh;d cktkj ds eè; vUrj Li"V dhft,A fdlh dEiuh }kjk izkFkfed cktkj esa iw¡th tqVkus ds fofHkUu rjhdksa dh O;k[;k dhft,A
4. How do the Commercial Banks employ their funds ? Are there any statutory compulsions on them in this regard ? Explain. Describe the different forms in which loans are granted by banks.
okf.kfT;d cSad vius dks"k dk mi;ksx dSls djrs gSa\ D;k bl lEcU/ esa mu ij dksbZ oS/kfud ckè;rk gS\ O;k[;k dhft,A mu fofHkUu :iksa dk o.kZu dhft, ftuds ekè;e ls cSadksa }kjk Í.k iznku fd, x, gSaA
5. What do you understand by External Commercial borrowings ? Why are such borrowings permitted by the Government ? Give the salient features of the guidelines issued by the Government in this regard.
cká okf.kfT;d m/kjh jkf'k;ksa ls vki D;k le>rs gSa\
ljdkj }kjk ,sls m/kjh jkf'k;ksa dh vuqefr D;ksa iznku dh tkrh gS\ bl laca/ esa ljdkj }kjk tkjh fn'kk&funsZ'kksa dh eq[; fo'ks"krkvksa dk o.kZu dhft,A
Section-B/
[k.M&[k
(Short answer type questions/
y?kq mÙkjh; iz'u)
Note : Section-B Contains Eight (08) Short answer type questions of Ten (10) marks each.
Learners are required to answer any four (04) questions only. (4×10=40)
uksV % [k.M&^[k* esa vkB (08) y?kq mÙkjh; iz'u fn, x, gSa] izR;sd iz'u ds fy, nl (10) vad fu/kZfjr gSaA f'k{kkfFkZ;ksa dks buesa ls dsoy pkj (04) iz'uksa ds mÙkj nsus gSaA
1. Explain the main features of Certificate of Deposits (CDs) used as financial instrument in Money Market.
eqnzk cktkj esa foÙkh; lk/u ds :i esa mi;ksx fd, tkus
okys tek izek.k i=k
(CDs)dh eq[; fo'ks"krkvksa dh
O;k[;k dhft,A
2. What is On Line Trading System ? Explain its benefits.
vkWu ykbu O;kikj i¼fr D;k gS\ blds ykHkksa dh O;k[;k dhft,A
3. Describe the salient features of the Liquidity Adjustment Facility provided by Reserve Bank of India to Banks. What is its significance to banks ?
Hkkjrh; fj”koZ cSad }kjk cSadksa dks nh xbZ rjyrk lek;kstu lqfo/k dh eq[; fo'ks"krkvksa dk o.kZu dhft,A cSadksa ds fy, bldk D;k egRo gS\
4. Explain the meaning and significance of Credit Rating of debt instruments. What factors determine the default risk assessment ? Explain.
Í.k midj.kksa ds Í.kik=krk fu/kZj.k ds vFkZ vkSj egRo
dh O;k[;k dhft,A pwd tksf[ke fu/kZj.k ds dkjd
dkSu&dkSu ls gSa\ O;k[;k dhft,A
5. Explain the restrictions imposed by SEBI on investments made by Mutual Funds. Why are such restrictions necessary ?
E;wpqvy iQaM~l }kjk fd, x, fuos'k ij lsch }kjk yxk, x, izfrca/ksa dh O;k[;k dhft,A ,sls izfrca/ D;ksa vko';d gSa\
6. Explain the main factors that determine the Interest rates.
C;kt njksa dks fu/kZfjr djus okys eq[; dkjdksa dh O;k[;k dhft,A
7. What is a Commercial Paper ? How is is different from Commercial Bill of Exchange ? Who issues these instruments and for what purposes ? Explain.
okf.kfT;d i=k D;k gS\ ;g okf.kfT;d fofue; i=k ls
dSls fHkUu gSA ;g fduds }kjk o fdu mís';ksa ds fy,
tkjh fd, tkrs gSaA O;k[;k dhft,A
8. What is meant by Term Structure of Interest Rates ? Explain the two types of yield curves with the help of diagrams and give reasons for the difference between them.
C;kt njksa dh vof/ lajpuk ls D;k vfHkizk; gS\ fp=k dh lgk;rk ls nks izdkj ds izfriQy@izkfIr oØksa dh O;k[;k dhft, o muds eè; vUrj ds dkj.kksa dks crkb,A
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