MONEY AND BANKING

Paper Code: 
CFSG 403
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course outcome (COs):

Learning outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

On the completion of this course, the students will be able to :

 

CO86: Critically evaluate the importance of money and various other instruments used as near money instruments principles of note issue.

CO87: 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.

CO88: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.

CO89: Differentiate between various innovative banking channels and to select the appropriate payment mechanism for the effective transfer of funds.

CO90: 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: Interactive Lectures, Discussion, Tutorials, Practical cases Demonstration, Power point presentation.    

Learning activities for the students:                              Self learning assignments, Effective questions, Seminar presentation, Live practical problems analysis

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

 

12.00
Unit I: 
Money

• Meaning, Types, Functions, Importance, and Evils of Money.
• Money and a Near Money- comparison.
• Concept of Velocity and Value of Money.
• Measurement of change in the value of money.
• Central Bank- Structure, organization, and Functions of RBI

12.00
Unit II: 
Demand for and Supply of Money

• 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

12.00
Unit III: 
Banks

• 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

12.00
Unit IV: 
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.

12.00
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.
• Banking Regulation Act

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.

Academic Year: 
2023-2024
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