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MONEY AND BANKING
Course outcome (COs):
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Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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On the completion of this course, the students will be able to : CO91 Critically evaluate the importance of money and various other instruments used as near money instruments principles of note issue. CO92 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. CO93 To develop relevant knowledge about the Indian banking system and Compare the Different Types Of Products And Services And Third Party Products Offered By Various Banks. CO94 Differentiate between various innovative banking channels and to select the appropriate payment mechanism for effective transfer of funds. CO95 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,
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
• Meaning, Types, Functions, Importance, and Evils of Money.
• Money and a Near Money- comparison.
• Concept of Velocity and Value of Money.
• Measurement of change in the value of money.
• Central Bank- Structure, organization, and Functions of RBI
• Factors affecting the demand for money.
• Supply of Money- Determinants of Supply of Money.
• RBI’S measure of the money stock. Narrow Money and Broad Money,
• New monetary aggregates, Liquidity aggregates.
• Monetary Policy of India
• • Meaning, Types of Banks, Functions.
• Banking Products and Services –Types of Deposits,
• Third-party products offered by banks.
• Types of loans and advances offered by banks- Securities for banker's advances and Loans-
• Modes of Charging Securities Lien, Pledge, Mortgage, Hypothecation, etc
Banker- Customer Relationship-
• Types of relationships,
• Banker’s rights and duties, garnishee order.
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.
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.
Banking Regulation Act
ESSENTIAL READING
• 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
SUGGESTED REFERENCE BOOKS:
• 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
