Syllabus
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Course Code: CC-3 IN-ECX-203 Course Name: Money, Banking & Finance-II |
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| MODULE NO / UNIT | COURSE SYLLABUS CONTENTS OF MODULE | NOTES |
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| 1 | (i-a) Demand for Money- Classical: Quantity Theory Approach, Fisher’s Equation; Neoclassical: Cambridge Quantity Theory; Keynesian Liquidity Preference Approach: Transaction, Precaution, Speculative Demand for Money, Liquidity Trap (i-b) Monetarists’ approach: Friedman’s Modern Quantity Theory of Money; Determinants of demand for money: Income, Wealth and Interest Rate, Shoe-Leather Approach. |
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| 2 | (ii-a) Money and Capital markets-Call Money Operations: Inter-Bank Call Money Market; Bill market operations: Treasury Bill, Commercial Bill; (ii-b) Stock markets: Mechanism, Instruments and Operations; National Stock Exchange; Bombay Stock Exchange. |
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| 3 | (iii-a) Exchange Rates: meaning, types: Fixed and Flexible Exchange Rate, Policy of Managed Flexibility: Adjustable Peg System, Crawling peg system, Policy of Managed Floating: Clean & Dirty Floating, European Snake (iii-b) Multiple Exchange Rates; Speculation, Hedging, Swapping and arbitrage operations in foreign currency. |
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| 4 | (iv-a) Development Banking: Role, Nature and Functions, Non-Banking Financial intermediaries, Merchant Banking, Investment Banking (iv-b) Refinancing institutions; Financing of foreign trade-modes and instruments; Export-Import Bank(EXIM): Role and Functions. |
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