Bcom 3rd Year Money and Financial System Previous Year Question Paper 2017

Bcom 3rd Year Money and Financial System Previous Year Question Paper 2017

Bcom 3rd Year Money and Financial System Previous Year Question Paper 2017

Bcom 3rd Year Money and Financial System Previous Year Question Paper 2017 :- All Bcom 3rd Year Student we are is presents today Bcom 3rd year Question Paper , Unsold Paper , Previous Paper, Most important Question and Practice Sets . This Question Paper is of the chaudhary charan singh university Meerut (Ccsu) but all University’s student follow us and do the practice this question paper is Money and financial system subjects.

Bcom 3rd Year Money and Financial System Previous Year Question Paper 2017
Bcom 3rd Year Money and Financial System Previous Year Question Paper 2017

    Bcom. III Examination , 2017
    Commerce – III Money and Financial System
            Time : 2 Hour]                                   (C- 303)                                     [M.M : 100



  1. Foreign exchange transactions are performed by :
    1. Central bank
    2. Internation bank
    3. U.T.I. bank
    4. Foreign exchange banks
  2. Indian import- export bank was established in :
    1. 1962
    2. 1972
    3. 1982
    4. 1992
  3. As we know rbi is the apex bank of america is :
    1. The central bank of u.s.a
    2. Bank of america
    3. National bank of u.s.a
    4. Federal reserve bank
  4. Cooperative credit societies act was passed in india in :
    1. 1901
    2. 1902
    3. 1903
    4. 1904
  5. The functional area of central cooperative bank is :
    1. A village
    2. A tehsil
    3. A city
    4. A district
  6. How many state cooperative banks are functioning in the country :
    1. 22
    2. 32
    3. 42
    4. 52
  7. In india cooperative credit act was passed in ?
    1. 1902
    2. 1912
    3. 1922
    4. 1932
  8. Primary cooperative credit societies are financed by ?
    1. Nabard
    2. State government
    3. State cooperative bank
    4. Central cooperative bank
  9. Central cooperative banks are financed by :
    1. Nabard
    2. State government
    3. Central government
    4. State cooperative bank
  10. Where were land development banks first established in the world :
    1. America
    2. Japan
    3. France
    4. Germany
  11. The name of the apex bank concerning industrial finance is :
    1. Icici
    2. Ifci
    3. Irci
    4. Idbi
  12. When state finance corporation was established ?
    1. In 1947
    2. In 1951
    3. In 1957
    4. In 1961
  13. The term money has been derived from the latin word :
    1. Peconja
    2. Moneta
    3. Monate
    4. Menoty
  14. “money is any thing that is generally acceptable as means of exchange and at the same time as a measure and store of value “ This definition is given by :
    1. Kent
    2. Prof. Thomas
    3. Keynes
    4. Crowther
  15. “money is what money does”. According to this definition , money includes the following :
    1. Metallic coins
    2. Currency notes
    3. Cheques, bills of exchange, hundies
    4. All of the above
  16. According to ely, “money consists of those things , which within a society, are of general acceptability. The essence of this is that :
    1. Money is any such thing that is accepted by all as a means of payment .
    2. Things which are accepted without doubt in payment of daily purchase sale transactions and repayment of loans are called money.
    3. (a) & (b) both as above
    4. None of these
  17. One rupee indian coins is :
    1. Standard coin
    2. Token coin
    3. Standard token coin
    4. None of these
  18. The annual report on currency and finance is published by :
    1. Planning commission
    2. Reserve bank of india
    3. World bank
    4. International monetary fund
  19. The exchange rate of indian rupees is related with which of the following currency
    1. Pound
    2. Dollar
    3. Yen
    4. Basket of select currencies
  20. real money is the part of which kind of money :
    1. Nature
    2. Legality
    3. Money material
    4. None of these
  21. Which money is included in current money :
    1. Income money
    2. Savings money
    3. Business money
    4. All of the above
  22. Which is not the merit of standard coin :
    1. Primary coin of the country
    2. Metallic value and face value the same
    3. Free coinage
    4. Limited legal tender
  23. The money in which all transactions take place is called :
    1. Paper money
    2. Token Money
    3. commodity Money
    4. Primary Money
  24. The money whose metalltic value is less than its face value is called :
    1. Primary money
    2. Paper money
    3. Token money
    4. Commodity money
  25. Which economist has related the role of money with liquid asset ?
    1. A.c. pigou
    2. Chandler
    3. Robertson
    4. J.m.keynes
  26. The qualities of a good money material are :
    1. Homogeneity
    2. Divisibility
    3. Durability
    4. All of these
  27. The institutions affecting total supply of money are :
    1. Central bank
    2. Commercial bank
    3. Treasury of central governme t
    4. Above (a) and (b) both
  28. According to narrow concept of money supply, money supply includes :
    1. Currency with public + demand deposits of banks
    2. Deposits with reserve bank of india
    3. Demand deposits of banks
    4. Currency with public
  29. When supply of money decrease, the price of goods :
    1. Increase
    2. Remains the same
    3. Decrease
    4. Does no9t change
  30. Money stock includes :
    1. Post office savings deposits
    2. Time deposits with banks
    3. Currency with public
    4. All of the above
  31. According to reserve bank of india how many components of money supply are there :
    1. Two
    2. Three
    3. Four
    4. Five
  32. Whicle moving from m1 to m4 components of money supply as adopted by rbi the degree of liquidity respectively :
    1. Remains constant
    2. Increase
    3. Decrease
    4. All above are possible
  33. High powered money includes :
    1. Not credit given by banks to government
    2. Demand of currency and demand deposits
    3. Liabilities of commercial banks
    4. Demand and time liabilities of banks
  34. Hight powered money is also termed as :
    1. Reserve money
    2. Base money
    3. Demand money
    4. Above (a) and (b) both
  35. If high powered money is increase dby 10% increase is money supply will be :
    1. 10%
    2. Less than 10%
    3. More thant10%
    4. None of these
  36. Relation between reserve ratio and money supply is :
    1. Direct
    2. Indirect
    3. Inverse
    4. None of these
  37. Who is the signatory of hundred rupee note in india ?
    1. Finance minister
    2. Secretary of finance ministry
    3. President of india
    4. Governor of RBI
  38. Who is the signatory of one rupee note in india ?
    1. Finance minister
    2. Finance secretary
    3. RBI governor
    4. RBI secretary
  39. The ratio of cash money and deposit money in underveloped countries is :
    1. Low
    2. Minimum
    3. Zero
    4. High
  40. Who controls countries is:
    1. Rbi
    2. Sbi
    3. State government
    4. Central government
  41. Expenditure incurred on health, education and sanitation etc. Is known as :
    1. Capital expenditure
    2. Capital intensive
    3. Human capital formation
    4. None of these
  42. Capital needed for daily business is called :
    1. Business finance
    2. Institutional finance
    3. Working finance
    4. None ot these
  43. Finance made available by specific financial institutions is called :
    1. Business finance
    2. Public finance
    3. Institutional finance
    4. None of these
  44. Flow of foreign capital for establishing manufacturing unit in domestic economy is called :
    1. Portfolio investment
    2. Foreign investment
    3. Direct investment
    4. None of these
  45. Modernization, research and investigation requires :
    1. Short- term finance
    2. Working capital
    3. Permanent capital
    4. none of these
  46. Income is determined after determining expenditure in :
    1. Public finance
    2. Private finance
    3. Both (a) and (b)
    4. None of these
  47. Maximum satisfaction and maximum social welfare are the objects in :
    1. Private finance
    2. Public finance
    3. Above (a) and (b) both
    4. None of these
  48. Policy makers related to financial system in india are :
    1. Finance ministry
    2. Reserve bank of india
    3. Parliament
    4. All of these
  49. Law for regulation and operation of financial system is formulated by :
    1. Sebi
    2. Rbi
    3. Ministry of finance
    4. Parliament
  50. What type ofr capital and loans are transacted is money market ?
    1. Short-term
    2. Long-term
    3. Very short-term
    4. Very long-term
  51. Time period of short-term finance is :
    1. Less than one year
    2. From one to five years
    3. More than five years
    4. None of these
  52. The market in which old shares are bought and sold is called :
    1. Capital market
    2. Money market
    3. Primary market
    4. Secondary market
  53. Issue of first new securities is related to :
    1. Primary market
    2. Secondary market
    3. Money market
    4. None of these
  54. Fully secured financial instruments is called :
    1. Shares
    2. Debentures
    3. Gold crossed security
    4. None of these
  55. Which securities are more secured :
    1. Equity shares
    2. Preference shares
    3. Commercial papers
    4. Debentures
  56. Who controls foreign exchange business ?
    1. Sebi
    2. Central government
    3. Rbi
    4. Fema
  57. Full form of fema is :
    1. Foreign exchange management act
    2. Foreign exchange metropolitan act
    3. Foreign exchange maturity act
    4. Foreign exchange maintenance act
  58. Which of the following is not function of non banking institutions ?
    1. Protecting against risk
    2. Collecting small deposits
    3. Providing loan
    4. Receiving money on deposit
  59. Which of the following is non banking institution :
    1. Commercial banks
    2. Co- operative cr e  dit societies
    3. Mutual saving banks
    4. Mutual funds
  60. Which of the following financial service is provided by rbi :
    1. Underwriting of shares and debentures
    2. Providing guarantee of loans
    3. Providing refinance facilities
    4. All of the above
  61. Which of the following is non banking intermediary :
    1. Co- perative bank
    2. Commercial bank
    3. Regional rural bank
    4. Development bank
  62. When fourteen commercial banks were nanitonalized ?
    1. 19 may, 1969
    2. 19 june, 1969
    3. 19 july, 1969
    4. 19 august 1969
  63. Example of primary security are :
    1. Government securities
    2. Debentures
    3. Shares
    4. All of the above
  64. Idbi and nabard both are :
    1. Banking intermediaries
    2. Non banking intermediaries
    3. Above (a) and (b) both
    4. None of these
  65. Out of the following which is not part of organized money market :
    1. Rbi
    2. Commercial banks
    3. Cooperative banks
    4. Indigenous bankers
  66. Which is not part of unorganized sector of money market :
    1. Indigenous bankers
    2. Money lender
    3. Chid fund
    4. Cooreperative banks
  67. Apex institution of money market is :
    1. Sbi
    2. Regional rural bank
    3. Icici
    4. Rbi
  68. Which of the following is not instrument of financial market ?
    1. Cheque
    2. Bill of exchange
    3. Bank draft
    4. Equity share
  69. Cheque which can be paid by tha bank of the presenter is called :
    1. Order cheque
    2. Crossed cheque
    3. Bearer cheque
    4. None of these
  70. Cheque payment of which can be taken only be the person whose name is written on tbhe cheque is known as :
    1. Bearer cheque
    2. Crossed cheque
    3. Special crossed cheque
    4. Order cheque
  71. Which of the cheque is more secured :
    1. Bearer cheque
    2. Order cheque
    3. Ordinary crossed cheque
    4. Special crossed cheque
  72. When a bank returns a cheque unpaid, then it is called :
    1. Cancelling of cheque
    2. Drawing of cheque
    3. Payment of cheque
    4. Dishonor of cheque
  73. Maturity date of time bill is :
    1. Expiry day of the bill period
    2. Expiry day of the bill period + one day of frace
    3. Expiry day of the bill period + three days of grace
    4. Expiry day of the bill period + five days of grace
  74. In which bill the liability of payment ius of drawer :
    1. Bill of exchange
    2. Promissory note
    3. Above (a) and (b) both
    4. None of these
  75. Debit card means :
    1. A card issued by a rating gagency
    2. A card which can be used for withdrawing cash or making payment even in zero balance in a/c.
    3. A card which can be used for withdrawing cash or making payment if there is balance in the account
    4. None of these
  76. The term plastic money refers to :
    1. Atm/credit cards
    2. Plastic-wated currency notes
    3. Foreign currency notes
    4. Travelers cheque
  77. The term atm stand for :
    1. Automatic transaction money
    2. Automatic teller mechanism
    3. Automatic teller mode
    4. Automated teller machine
  78. Which bill is written only in indian languages and has is no definite form ?
    1. Bill of exchange
    2. Cheque
    3. Hundi
    4. Promissory note
  79. Bill in which government promises to pay the bearer a definite amount after a definite period is known as :
    1. Promissory note
    2. Treasury bill
    3. Government bond
    4. None of these
  80. Debenture holder is a ……….. Of the company .
    1. Member
    2. Current creditor
    3. Long term creditor
    4. None of these
  81. Preference shareholders are those who :
    1. Have prior right of return of capital only
    2. Have prior right of dividend only
    3. Have prior right both of dividend and return of capital
    4. All of the above
  82. Fund transfer mechanisms in which funds can be moved from one bank to another banks, is called :
    1. Neft
    2. Eft
    3. Mt
    4. Rtgs
  83. The term bank was derived from the italian word :
    1. Banck
    2. Banke
    3. Banco
    4. None of these
  84. The term bank was first used in the year :
    1. 1271
    2. 1471
    3. 1571
    4. None of these
  85. Banking system was started in india in :
    1. 17th century
    2. 18th century
    3. 19th century
    4. None of these
  86. In india, the first bank was established in :
    1. 1706
    2. 1806
    3. 1906
    4. None of these
  87. The oldest form of banker in india is :
    1. Cooperative bank
    2. Agriculture bank
    3. Commercial bank
    4. Indigenous banker
  88. Which was the first bank of our country?
    1. Imperial bank of india
    2. Hindustan bank
    3. General bank of india
    4. Bengal bank
  89. The name of first  commercial bank established in india was :
    1. Bank of bengal
    2. Imperial bank
    3. Awadh commercial bank
    4. None of these
  90. The primary function of bank is :
    1. Accepting deposits
    2. Providing loans
    3. Above (a) and (b) both
    4. None of these
  91. Which is not the function of commercial banks :
    1. credit creation
    2. lending
    3. not issue
    4. none of these
  92. In which account bank accepts the deposits ?
    1. Saving account
    2. Term deposit account
    3. Current account
    4. All of these
  93. The account to collect samall savings of common person in the bank is :
    1. Saving bank account
    2. Recurring deposit account
    3. Current account
    4. None of these
  94. In term deposit account :
    1. Amont is definite
    2. Period is definite
    3. Amount and period both are definite
    4. None of these
  95. What is the minimum deposit period in fixed deposit account ?
    1. 15 days
    2. 30 days
    3. 45 days
    4. 90 days
  96. In current account :
    1. Interest is not payable
    2. No restriction on transactions
    3. Deosit amount is payable on demand
    4. All of the above
  97. In which account, cheque facility is not provided by bank ?
    1. Current account
    2. Saving account
    3. Term deposit account
    4. None of these
  98. Banks in our country normally publicise that additional interest rate is allowed on retail domestic term deposits of :
    1. Married women
    2. Minors
    3. Senior citizens
    4. Government employees
  99. Cast credit facility is given by bank to :
    1. Only to saving account holder
    2. Only to current account holder
    3. To any individual
    4. None of these
  100. The apex bank of any of the country is :
    1. Commercial bank
    2. Industrial bank
    3. Import-export
    4. Central bank





ANSWER SHEET

01. 4 02. 3 03. 4 04. 4 05. 4 06. 2 07. 2 08. 4 09. 4 10. 4
11. 4 12. 2 13. 2 14. 4 15. 4 16. 3 17. 2 18. 2 19. 4 20. 2
21. 4 22. 4 23. 4 24. 3 25. 4 26. 4 27. 4 28. 1 29. 3 30. 4
31. 3 32. 3 33. 4 34 4 35. 3 36. 3 37. 4 38. 2 39. 4 40. 4
41. 3 42. 3 43. 3 44. 3 45. 3 46. 1 47. 2 48. 4 49. 4 50. 1
51. 1 52. 4 53. 1 54. 3 55. 4 56. 4 57. 1 58. 4 59. 4 60. 3
61. 4 62. 3 63. 4 64. 3 65. 4 66. 2 67. 4 68. 4 69. 3 70. 4
71. 4 72. 4 73. 3 74. 2 75. 3 76. 1 77. 4 78. 3 79. 2 80. 3
81. 3 82. 4 83. 3 84. 4 85. 2 86. 2 87. 4 88. 2 89. 3 90 3
91. 3 92 4 93. 1 94. 2 95. 1 96. 4 97 3 98 3 99 3 100 4





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