IGNOU| MONEY, BANKING AND FINANCIAL INSTITUTIONS (ECO - 09)| QUESTION PAPER

IGNOU| MONEY, BANKING AND FINANCIAL INSTITUTIONS (ECO - 09)| QUESTION PAPER – (DEC - 2023)| (BDP)| ENGLISH MEDIUM

Note: Attempt any five questions. All questions carry equal marks.

1. What do you mean by ‘Money’? Discuss the functions of money. 2+8

2. Explain the functions of commercial banks. 10

3. What is a Central Bank? Explain credit control function of a Central Bank. 2+8

4. Discuss the objectives and functions of International Monetary Fund (IMF). 2+8

5. Discuss the advantages and disadvantages of Branch and Unit Banking System. 10

6. Explain the advantages and limitations of Unit Trust of India (UTI). 10

7. Evaluate the role of State Financial Corporations in the Industrial development of India. 10

8. Explain various short-term and long-term flow of funds under international financial system. 10

9. Write short notes on any two of the following: 5+5

(a) Control of Inflation

(b) Special Drawing Rights

(d) Indian Money Market

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