Aligarh Muslim University (AMU) 2009 M.Com Commerce Indian Financial system - Question Paper
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\/2008-2009
M.COM. (Ill SEMESTER) EXAMINATION INDIAN FINANCIAL SYSTEM (CMM-90I1)
Maximum Marks : 70 Duration : Two Hours
NOTE : Answer ALL questions which carry equal marks.
1. What is financial system ? Explain the role of financial system in economic development.
OR
1'. Define money market. What are constituents of organized and unorganized sectors of Indian money market ?
2. Explain the function of RBI as the lender of the last resort.
OR
2. What is a commercial bank ? What are basic principles governing investment policy of a bank.
3. Discuss the powers and functions of IRDA.
OR
3 '. Critically examine the foreign investment policy of India since 1991.
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