SECTION A — (3 ? 5 = 15 marks)
Answer any THREE questions.
1.Examine the factors affecting velocity of money.
2.Explain high powered money.
3.Discuss the role of commercial banks in a developing country.
4.What are the objectives of credit control of Central Bank?
5.Explain the causes of inflation.
SECTION B — (4 ? 15 = 60 marks)
Answer any FOUR questions.
6.Describe the primary, secondary, static and dynamic functions of money.
7.Discuss Fisher’s quantity theory of money.
8.What is ‘‘H’’ Money? What are the factors affecting ‘‘H’’?
9.Give a critical appraisal of the functioning of nationalised banks in India.
10.Discuss the different methods of credit control employed by a Central Bank.
11.Discuss the methods of controlling inflation in India.
12.Explain the monetary and fiscal measures for controlling the trade cycle.