Veer Bahadur Singh Purvanchal University 2009-3rd Sem B.B.A Business Administration .>>ester>>Money and Banking - Question Paper

Time:Three Hours]
[Maximum Marks:70
Subject:Money and Banking

Note:Answer any 5 ques.. All ques. carry equal marks.

1."Money cannot be a medium of exchange without also being a store of value." explain.

2.Critically examine the Cambridge version of the volume theory of money.

3.How does inflation affect production structure and income distribution in an economy?

4.What do you mean by gold standard? define the advantages and disadvantages of gold standard.

5.State th inconveniences of Barter system. What is the place of Barter system in modern age?

6.What are the main objectives of credit control? explain the quantitative credit control method of the Central Bank of India.

7.Compare and contrast the cash balance and the cash transactions approaches to the value of money.

8.What are the causes of inflation? What measures are needed to control inflation?

9.What do you understand by paper money standard? explain its merits and demerits.

10.Outline the main functions of commercial banks and explain their role in the economic development of a country.

Earning:   Approval pending.