Money and Banking

Paper Code: 
24EATG415
Credits: 
03
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

24EATG415

Money and Banking

(Theory)

 

CO133: Critically evaluate the importance of money and various other instruments used as  near money instruments principles of note issue.

CO134: 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.

CO135: To develop relevant knowledge about the Indian banking system and  Compare the Different Types Of Products And Services.

CO136: Differentiate between various innovative banking channels and to select the appropriate payment mechanism for the effective transfer of funds.

CO137: Analyze the features of various negotiable instruments used in banking and to evaluate their role in effective fund transfer and discharge of debt obligation

CO138: Contribute effectively in course-specific interaction

Approach in teaching:

Lectures, Discussion, power point presentations.

 

Learning activities for the students:                              

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: 

Suggested Readings:
• 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: