Semester : SEMESTER 1
Subject : Mathematics for Economics
Year : 2015
Term : MAY
Branch : ECONOMICS
Scheme : 2020 Full Time
Course Code : ECO 1C 03
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Section II
Answer all questions.
Which of the following is a liability for a bank ?
(a) Deposits. (b) Loans.
(c) Investments. (d) Bills receivable.
The money market for extremely short period loans is referred-to as :
(a) Call money market. (b) Commercial bill market.
(c) Collateral loan market. (d) Treasury bill market.
The safest form of a crossed cheque is :
(a) General crossing. (b) Special crossing.
(€) Double crossing. (6) A/c Payee crossing.
Money market is a market for :
(a) Long term funds. (b) Short term funds.
(c) Trading securities. (d) All the above.
The banker has a statutory obligation to :
(a) Honour Cheques. (b), Maintain secrecy of accounts.
(c) Honour customer's bills. (d) Exercise Lien.
The rate of interest payable on various deposits are determined by :
(a) The bank and its head office. (b) The Central Government.
(c) RBI. (d) Indian banks association.
C 83065
(12 x 4% =6 marks)
Part B (Very Short Answer Type Questions)
Section I
Answer any five questions.
Define Fixed Deposit Account.
What is credit ?
Define Gilt edged securities.
Mention few merits of treasury bills.
Distinguish between a central bank and a commercial bank.
What is meant by venture capital ?
Section IT
Answer any five questions.
What is a banker’s cheque ?
Define an acceptance market.