MONEY AND BANKING

Paper Code: 
EBSG 416
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course outcome (COs):

 

Course Outcome

Learning and teaching strategies

Assessment Strategies

CO 116 : Critically evaluate the  importance of money and various other instruments used as  near money instruments principles of note issue.

 

CO117: Comprehend various factors affecting the demand and supply of money in an economy and evaluate various policy measures adopted by the central bank to manage the money supply.

 

CO 118: To develop relevant knowledge about the Indian banking system and  Compare the Different Types Of Products And Services.

 

CO 119: Differentiate between various innovative banking channels and to select the appropriate payment mechanism for the effective transfer of funds.

 

CO 120 : Analyze the features of various negotiable instruments used in banking and to evaluate their role in effective fund transfer and discharge of debt obligation

Approach in teaching:

Lectures, Discussion, power point presentations.

Self-learning assignments, group projects, Project reports, Seminar presentation,

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

9.00
Unit I: 

Money:

  • Meaning, Types, Functions, Importance, and Evils of Money.
  • Money and a Near Money- comparison.
  • Concept of Velocity and Value of Money.
  • Functions of RBI

 

9.00
Unit II: 

Demand and Supply of Money-

  • Factors affecting the demand and supply of money.
  •  Supply of Money- Narrow Money and Broad Money.
  • Velocity and Value of Money.
  • Monetary Policy
9.00
Unit III: 

Banks-

·        Meaning, Types of Banks, Functions.

·        Banking Products and Services –Types of Deposits, and Loan

·        Banker Customer Relationship.

Banker’s rights and duties, garnishee order

9.00
Unit IV: 

Innovative Banking - Meaning, Significance and Features

·        Channels of Banking - ATM, internet, mobile, phone banking, POS

Payment mechanism of Banks - cheques, demand drafts, plastic cards NEFT, RTGS, IMPS, SWIFT, ECS, payment wallets

9.00
Unit V: 

Negotiable Instruments –

·        Promissory note, Bills of Exchange, and Cheque. - Concept, Feature, Parties, and Types.

·        Endorsement – Meaning and Types.

Presentment and acceptance: - Meaning, Purpose (acceptance, sight & Payment) Time, and place of Presentment

Essential Readings: 
  • D.M. Mithani, Mone , Banking, International trade and Public Finance
  • T R Jain Money and Banking, V K Global Publication Pvt Ltd
  • Tandon and Mathur Money and Banking Shivam Publication, Jaipu
  • P.N. Varshney, Banking law and Practice, Sultan chand and Sons, Delhi

 

 

References: 
  • Mithani.D.M, Money,Banking,International Trade and Public Finance., Himalayan Publication, New Delhi
  • B.S. Khubehandani, Practice and Law of Banking, MacMillian India Limited
  • Jain, Khanna, Tiwari, “ Banking and Public Finance” V.K India Enterprises, New Delhi.
  •  
  • E-RESOURCES:
  •  
  •  

• https://rbi.org.in/Scripts/AnnualPublications.aspx?head=Report%20on%20Cu...(RBI Report on               Currency & Finance, various issues)
• Websites: https://www .rbi.org.in/ (RBI)
• https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=53113 (Various latest issues of        RBI Bulletins)
• https://www.pdfdrive.com/monetary-economics-books.html
• https://www.pdfdrive.com/monetary-economics-e38141688.html
• https://www.pdfdrive.com/money-and-banking-textbook-books.html

 

REFERENCE JOURNALS:
• Journal of Money, Credit and Banking
• The Review of Economic Studies
• Journal of Monetary Economics
• International Journal of Monetary Economics and Finance

 

Academic Year: 
2023-2024
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