Punjab University 2008 M.A Economics Financial Institutions and rkets - exam paper

M.A Economics Financial Institutions and Markets ques. paper

Economics
Paper-VIII
(Financial Institutions and Markets)
Time : three Hours] [Max. Marks : 100
Instruction : Marks for every ques. are provided in brackets.
1. (a) Why and how does financial intermediation take place ?
(b) define the major risks involved in financial intermediations. (12 + 13)
OR
discuss the coordination ranging from economic development and development of financial
system. (25)
2. (a) Is it actual that interest rates are a function of time ? provide explaination for your
answer.
(b) define the advantages and disadvantages of administered interest rates. (12 + 13)
OR
define the factors that affect the profitability of banks. (25)
3. Write a detailed note on insurance services. (25)
OR
discuss how the money market works. (25)
4. Write short notes on any 2 : (25)
(i) Equilibrium in financial markets.
(ii) Monetary Policy.
(iii) Control of non-bank financial institution.
(iv) Securities markets.

Earning:   Approval pending.