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MONEY, BANKING & FINANCIAL INSTITUTIONS

BACHELOR'S DEGREE PROGRAMME Term-End Examination June, 2010 ELECTIVE COURSE: COMMERCE ECO-9: MONEY, BANKING & FINANCIAL  INSTITUTIONS Time: 2 hours                                                                                   Maximum Marks: 50 (Weightage 70%) Note: The paper contains three sections A, B and C . Necessary instructions  are given in each section.   SECTION - A Answer any two questions from this section.                                                              2x12=24 Explain the functions of a central bank with reference to the Reserve Bank of India. Why should inflation be controlled? Discuss the various measures to be adopted to control it. (a) Explain the difference between the bank and non-bank financial Intermediaries.                  (b) What are investment trusts ? Give two examples of such trusts in India. Explain the objectives of the IMF. Discuss the role of Special Drawing Rights (SDRs) in meeting the growing demand for internationa...