Money and Banking

Paper Code:

25EBSG 416

Credits:

3

Contact Hours:

45.00

Max. Marks:

100.00

Objective:

This course will equip students with essential knowledge of money, banking operations, innovative banking channels, and negotiable instruments, enhancing their understanding of financial systems and their functioning.

Course Outcomes:

Course

Course Outcomes (at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course Title

25EBSG416

Money and Banking (Theory)

CO139: Critically evaluate the importance of money and various other instruments used as near money instruments principles of note issue.

CO140: 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.

CO141: To develop relevant knowledge about the Indian banking system and Compare the Different Types Of Products And Services.

CO142: Differentiate between various innovative banking channels and to select the appropriate payment mechanism for the effective transfer of funds.

CO143: Analyze the features of various negotiable instruments used in banking and to evaluate their role in effective fund transfer and discharge of debt obligation CO144: Contribute effectively in course-specific interaction

Approach in teaching: Lectures, Discussions, power point presentations.

Learning activities for the students:

Self-learning assignments, group projects,

Project reports, Seminar presentation,

Class tests, 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

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

Essential Readings:

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 hours
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 hours
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 Hours
	9 Hours