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Friday, May 6, 2016

B.Com Currency Banking and Exchange LU 2010 Question Paper

Are you searching for B.Com Old Question Papers from Lucknow University? You are lucky here as we have uploaded previous years question papers for you. Provided here under is B.Com Part I Currency Banking and Exchange Question Papers asked in the year 2010.
University: Lucknow University
Course: B.Com
Time Allowed: Three Hours
Maximum Marks: 100
Exam Year: 2010
Subject: Currency Banking and Exchange (Regular & Exempted)

Note: Answer FIVE questions in all, Question No. 1 is compulsory. Attempt FOUR more questions, selecting ONE question from each 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 Law
(viii) Barter System
(ix) Characteristics of Bimetallism
(x) Dichotomy of Indian Money Market.

2. Describe different forms of gold standards. Which is better and why?
3. "Money is a veil, a creation of the government, a liquid asset and a lubricant of the economic process of production and distribution." Explain.

4. Describe the various methods of credit control adopted by the Reseve Bank of India.
5. What is credit cretion? Explain the factors that influence the volume of credit.

6. Define Bank.Enumerate various kinds of banks and their functions.
7. How far has the State Bank of India succeeded in providing credit and other facilities in rural areas?

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

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