University of Lucknow 2010 B.Com .(Part 1), (Regular & Exempted) Currency Banking and Exchange - Question Paper

Time Allowed: 3 Hours
Maximum Marks: 100

Note: ans 5 ques. in all, ques. No. one is compulsory. Attempt 4 more
questions,selecting 1 ques. from every unit.

1. Write shorts notes on the following: 4x10=40

(i) Legal Tender Money
(ii) Bank Rate
(iii) Standard Money
(iv) Overdraft
(v) Representative Paper Money
(vi) Statutory Liquidity Ratio
(vii) Gresham's legal regulations
(viii) Barter System
(ix) Characteristics of Bimetallism
(x) Dichotomy of Indian Money Market.

Unit-I

2. define various forms of gold standards. Which is better and why?
Or
3. "Money is a veil, a creation of the government, a liquid asset and a lubricant of the
economicprocess of production and distribution." discuss.

Unit-II

4. define the different methods of credit control adopted by the Reseve Bank of India.
Or
5. What is credit cretion? discuss the factors that influence the quantity of credit.

Unit-III

6. describe Bank.Enumerate different types of banks and their functions.
Or
7. How far has the State Bank of India succeeded in providing credit and other facilities in
rural areas?

Unit-IV

8. What is exchange rate? If a country has inconvertible paper currency and other country has
convertible paper currency, then how exchange rate ranging from both countries will be determined
?
Or
9. discuss the importance and different methods of exchange control in India.

Earning:   Approval pending.