19.
20.
21.
22,
23.

25.
26.
. What are the characteristics of a Capital market ?
28.
29.
30.
31.
32.

33.
84,
35.

36.

3 D 11338
What is securitisation ?
Define mutual funds.
What is merchant banking ?
What is meant by financial services ?
What are blue chip shares ?
What is SENSEX ?

(10 x 2 = 20 marks)
Part C (Short Essay Questions)
Answer any six questions.
Each question carries 5 marks.

Distinguish between ADR and GDR.
Define financial markets. What are their functions ?

Explain the development of stock exchanges in India.

What are the main functions.of DFHI ?

What are the difference between merchant bank and commercial bank ?
What are the functions of primary market ?

Explain physical shares and demat shares. °
(6 x 5 = 30 marks)

Part D (Essay Questions)

Answer any two questions.
Each question carries 12 marks.

Discuss the role of SEBI in the development of capital market.
Classify various components and functions of a financial system.

Explain functions of secondary market. What is the difference between primary and secondary
market? '
Define financial services. Discuss the scope of financial services.

(2 x 12 = 24 marks)