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GLOBALCOMMERCEACADEMY

IMPORTANTQUESTIONSFOR1stANNUAL2012 B.com(ll)MoneyBanking&FinanceBC30 Prof.MNawaz03007947703Prof.MianNiazShakir03446659950


1. Definebartersystem.Explaintheinconveniences(difficulties)ofbarter. 2. Describetheinconveniencesofbartersystemandexplainhowtheintroductionofmoney hasremovedthem. 3. Definemoney.Describeprimary,secondary,contingentandotherfunctionsofmoney. 4. Definemoney.Whatarethequalitiesofgoodmoneymaterial? 5. Definepapermoney.Explainadvantagesanddisadvantagesofpapermoney. 6. Brieflydescribedifferentmethodsofnoteissueundercurrencyprinciple. 7. MentionthesystemofnoteissuewhichhasbeenadoptedbySTATEBANKOFPAKISTAN. Describeitsadvantagesanddisadvantages. 8. CriticallyexamineFishersquantitytheoryofmoney. 9. Whatisinflation?Describecausesandthemeasurestocontrolinflation. 10. Defineforeignexchange.Describedifferentkindsofexchangerate. 11. Whatiscommercialbank?Describethevariousfunctionsperformedbyabank. 12. Loansarethechildrenofdepositsanddepositsarethechildrenofloans.Discuss. 13. Explainthevariouskindsofaccountsthatmaybeopenedinabank. 14. Howisbankercustomerrelationshipterminated? 15. Definetheletterofcredit.Howisitopened? 16. Describedthemainadvantagesofaletterofcredittothe: a) Importer b) Exporter c) Banker d) Government 17. Defineacentralbank.Describethefunctionsofacentralbank. 18. Definemonetarypolicy.Describethemainobjectivesofmonetarypolicy. 19. Brieflyindicatethepointsofdifferentbetweenacentralbankandcommercialbank. 20. Writeshortnoteonfollowing: a) IDBP b) ZTBL

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