M.Com. (Semester III) (CBCS) Examination Nov/Dec-2018
ADVANCED BANKING FINANCIAL SYSTEM (Paper III)
Modern Banking
Time: 2½ Hours Max. Marks: 70
Instructions: All questions are compulsory.
Figures to the right indicate full marks.
Q.1 Choose the alternatives given below. 14
Merchant banking has its beginning in India in when generally bank
established a division.
1964 1965
1966 1967
In factoring has started gaining ground in the recent pass.
India Japan
UK USA
The Government has set up the SEBI in April
1989 1988
1990 1991
The origin of factoring can be traced during 15th century in and France.
India U.S.A.
England Japan
SIDBI started operations in
1987 1988
1989 1990
In India, the only mutual fund operating for a long time since was UTI.
1964 1965
1966 1967
A major function of merchant banking is the management.
Issue Credit
Debit None of these
The Hire Purchase Act, 1972 governed the lease deals but it was withdrawn
in
1973 1983
1993 2003
A merchant bank is a financial institution conducting money market activities
and
Lending Underwriting and financial advice
Investment service All of the above
10) Different enactments for raising funds from the capital market
1. Companies Act
2. Income Tax Act
3. Foreign Exchange Regulation Act
4. Securities Contracts Act
5. Corporate Laws and Regulations
Page 2 of 2
SLR-CS-25
5 5
5 4
11) is basically a savings and investment corporation.
UTI IDBI
SBI RBI
12) Factors affecting assigned ratings:
The character and terms of the particular security being issued
The probability that the issuer will default the security and the ability and
willingness of the issuer to make timely payments
The degree of protection extended to investors if the securities are
liquidated, reorganized, and/or if the organization declares bankruptcy.
All of the above
13) The Govt. has set up SEBI in 1988.
March April
May June
14) Mutual funds do not pay federal income taxes if they
earn only interest and dividend income
close their doors to new investors
distribute at least 98% of the interest and dividends received on
investment
require shareholders to pay federal income taxes on the distributions
Q.2 Write short answer. 14
Debit Card Vs Credit Cards
Swarna Jayanti Shahari Rozgar Yojana (SJSRY)
Q.3 Write short notes. 14
Discuss the classification of factoring services.
Explain the role and function of SEBI.
Q.4 State the essential differences between factoring services and banking services. 14
OR
State briefly Money Market Mutual Fund.
Q.5 Examine the role of commercial banks in financing small scale industries. 14
OR
Explain SEBI (Merchant Bankers) regulations, 1992.