M.Com. (Semester III) (CBCS) Examination Oct/Nov-2017
ADVANCED BANKING FINANCIAL SYSTEM
(Modern Banking)
Day Date: Thursday, 16-11-2017 Max. Marks: 70
Time: 10.30 AM to 01.00 PM
Instructions: All questions are compulsory.
Figures to the right indicate full marks.
Q.1 Choose the alternatives given below. 14
The Govt. has set up SEBI in April
1988 1989
1990 1991
A merchant bank is a financial institution conducting money market activities
and:
Lending Underwriting and financial advice
Investment service All of the above
Different enactments for raising funds from the capital market:
Companies Act
ii) Income Tax Act
iii) Foreign Exchange Regulation Act
iv) Securities Contracts Act
Corporate laws and Regulations
5 5
5 4
Merchant banking has its beginning in India in when generally
bank established a division.
1964 1965
1966 1967
In a study group has constituted to examine the feasibility of
factoring services in India.
1987 1988
1989 1990
is basically a savings and investment corporation.
UTI IDBI
SBI RBI
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
In factoring has started gaining ground in the recent pass.
India Japan
UK USA
Page 2 of 2
SLR-CJ-25
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
10) The venture capital fund was brought in to operation on 1st April
by IDBI.
1986 1987
1988 1989
11) Factoring is useful to units.
SSI MSI
LSI None of these
12) The Hire Purchases Act, 1972 governed the lease deals but it was withdrawn
in
1973 1983
1993 2003
13) Shri Kalyanasundaram Committee submitted its report in 1988.
December January
March April
14) A Micro enterprises is an enterprise, whose investment in plant and
machinery does not exceed Rs. lakh.
10 15
20 25
Q.2 Write short answer. 14
Debit Card Vs Credit Card
Prime Minister's Rozgar Yojana (PMRY)
Q.3 Write short answer. 14
Advantages of factoring.
Function of SEBI.
Q.4 Answer any one: 14
Explain SEBI (Merchant Bankers) regulations, 1992.
State the essential differences between factoring services and banking
services.
Q.5 Answer any one: 14
Examine the role of commercial banks in financing small scale industries.
Describe the concept of finance lease and explain its types.