MONEY AND BANKING

Paper Code: 
EATG 415
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Learning outcome

 (at course level)

Learning and teaching strategies

Assessment Strategies

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

CO 111 Critically evaluate the  importance of money and various other instruments used as  near money instruments principles of note issue.

CO112 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 113 To develop relevant knowledge about the Indian banking system and  Compare the Different Types Of Products And Services.

CO 114 Differentiate between various innovative banking channels and to select the appropriate payment mechanism for the effective transfer of funds.

CO 115 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

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

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

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

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

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: 

SUGGESTED TEXT BOOKS
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: 

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

Academic Year: 
2023-2024
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