
2024
COMMERCE
Paper: BCM0100304
(Indian Financial System)
Full Marks: 60
Time: 2½ hours
The figures in the margin indicate full marks for the questions.
1. Answer the following questions as directed: (1×8=8)
(a) Money market is dealing with the short-term fund. (True/False)
(b) Indian capital market is regulated by SEBI. (True/False)
(c) New issue market is also known as primary market. (True/False)
(d) Write the full form of PFRDA.
(e) In which year was the Reserve Bank of India established?
(i) 1935 (ii) 1949 (iii) 1955 (iv) 1969
(f) Which of the following is the oldest stock exchange?
(i) Calcutta Stock Exchange (ii) Ahmadabad Stock Exchange
(iii) Bombay Stock Exchange (iv) Gauhati Stock Exchange
(g) IRDAI regulates:
(i) Banking sector (ii) Insurance sector (iii) Both (iv) None
(h) Write the full form of CRISIL.
2. Answer any six in about 50 words each: (2×6=12)
(a) State two distinguishing features of the money market.
(b) What is the primary market?
(c) Mention two features of financial services.
(d) Write two objectives of IRDAI.
(e) What is a financial market?
(f) Define venture capital.
(g) What is a mutual fund?
(h) Write a note on Regional Rural Bank.
(i) State two functions of PFRDA.
(j) Name two important banking legislations in India.
3. Answer any four in about 200 words each: (5×4=20)
(a) Give an account of new developments in the Indian financial system.
(b) Explain the structure of the Indian banking system.
(c) State five differences between money market and capital market.
(d) Explain the regulatory role of IRDAI.
(e) Discuss various institutions of the Indian money market.
(f) Write the significance of factoring.
(g) Explain different fund-based financial services.
(h) Discuss the functions of the stock exchange.
4. Answer any two in about 600 words each: (10×2=20)
(a) "A well-developed financial system contributes significantly to economic development." Explain.
(b) Explain the advantages and disadvantages of mutual funds.
(c) Distinguish between non-bank financial institutions and banks.
(d) Discuss the important functions of the Reserve Bank of India.
(e) In which year did SEBI come into effect? Also, state the powers of SEBI.
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