(A Division of Achievers Academy)

SUB: - CB
TIME: - 2 HRS

DATE: - 10/03/15
MARKS: 75

N.B. (1) Attempt all questions.

(2) Figures to right indicate marks allotted to each question.
Q.1. a) Explain the important functions of Central Bank.

(8)

b) Explain the changing role of monetary policy in an open economy.

(7)

OR
Q.1) Explain the transparency and accountability of central bank and explain RBIs conflicts
with fiscal policies.
(15)
Q.2. a) Explain the recent developments with reference to RBI.

(8)

b) Explain the important provisions of banking regulation act.

(7)

OR
Q.2. c) Explain the major organizational and functional developments of RBI

(8)

d) What are financial sector reforms?

(7)

Q.3. a) Explain the instruments of monetary policy.

(8)

b) Explain the process of multiple credit creation by commercial banks.

(7)

OR
Q.3. c) Why budgets are important for the government? Explain role of union budget in the
economic development of India.
(8)
d) What are the advantages and limitations of credit?
Q.4) Explain the constituents of Indian Financial Market.

(7)
(15)

OR
Q.4) What is financial stability? What are the reasons for financial instability in an
economy?
(15)
Q.5) Write short notes: (Any three)
a. Prudential Norms
b. Development of Financial Market
c. NABARD
d. Credit Authorization Scheme
e. Grant-in Aid
Prof. Agarwals Achievers Tutorial / TYBBI / CB.

(15)

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