B.Com In Banking & Insurance (BCBI) Sem III 2018 2019 Oct 2019 FC III Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q1 Fill in the blanks: (Any 8) 8 marks
   • 1) In presidency banks were merged to form imperial bank of li) In case of public sector bank, at least % ownership with government, PSB, SBI, and its subsidiaries ili) Who is the authority for payment and settlement system in India?
   • iv) Section of Banking Regulations Act explains about opening of new branches
   • v) Letter of credit is important in trade
   • a) Inland b) State c) International
   • vi) Merchant bank is a based service Vil) In and Banking Ombudsman scheme were Vili) is an apex refinancing agency for the institutions providing investment and production credit in rural areas
   • a) b) GOI c) NABARD
   • ix) Full form of JLG is xX) Which is not a valid document as per KYC norms?
   • B) State true or false: (Any 7) 7
   • 1) Low literacy level is the demand side barrier for financial inclusion li) Smart card is one of the delivery channels of bank service Political interference is one of the problems of SHG
   • iv) Online fund transfer are free from any charge
   • v) Discounting of bill of exchange is one of the agency service of bank Mobile banking is possible only through mobile app Vil) There are three parties in Bill of Exchange Vili) Chain banking & group banking are completely different
   • ix) Portfolio manager has to register with SEBI Overdraft facility is given on saving account
2. Q2 A) Describe the banking system in India. 8 marks
   • B) What are the objectives of Banking Sector Reforms? Paper Subject Code: 79702 Foundation Course - (An Overview of Banking Sector) 7
3. Q2 Explain the primary functions of banking. 8 marks
   • D) Basel III. 7
4. Q3 A) What is Retail Banking? 8 marks
   • B) What are the features of Negotiable Instrument? 7
5. Q3 C) out the powers and duties of Banking Ombudsman. 8 marks
   • D) What are the products offered by corporate banks? Brief the need of Universal banking in India. (08) 7
   • B) Mobile Banking. 7
6. Q4 What are the products and services offered by universal banking? 8 marks
   • D) What is RTGS? What are the advantages of RTGS? 7
7. Q5 A) What is the need of microfinance? 8 marks
   • B) are the advantages of Financial Inclusion? Write short notes on: (Any 3) (15) 7
   • 1) Committee on financial inclusion
   • iii) Challenges in Micro finance
   • iv) Features of cooperative banks

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