MBIT (BCOM 3rd)

UNIT I

Money: Meaning and definition, features, functions and kinds/forms of money; Supply of

money: mechanics of money supply, Measures of money supply in India. Demand For

Money: Factors determining demand for money, Fisher, Cambridge, Keynesian and

Freidman theories of money. Rate of Interest: Meaning and Definition, Determination,

Factors affecting the level and structure of Interest Rates. An overview of interest rate

structure in India.

Introduction to Money Markets, Type of money market securities traded in India,

Characteristics of Indian Money Market, its strengths and weaknesses.

UNIT II

Banking: Introduction, Types of banks, Functions, safety-liquidity-profitability trade off;

Central Banking: Functions and techniques of credit control. Monetary policy: Objectives,

Targets and indicators. Reserve Bank of India: Role and Functions. Commercial Banking in

India; structure and functioning; Role of Commercial Banks in Economic Development.

Banking Sector Reforms in India and Latest Developments in Banking Sector in India.

Prudential Norms for Income Recognition, Provisioning for Bad and Doubtful Debts, Capital

Adequacy and concentration of credit/Investments.

UNIT III

Innovations in Banking: Internet Banking, E-Banking, Mobile banking, Wholesale and

Retail Banking, Universal and Narrow Banking, Off-shore Banking. Asset. Classification,

Non-Performing Assets. International Trade: Meaning, features, importance and

implications for the developing countries. India’s foreign trade policy during the post

reforms. Composition and recent trends in foreign trade with special reference to India.

Balance of payments situation during the post reform period. Recent changes in India’s

export and import policies. Organizations and institutions involved in export and import

management.

UNIT IV

Regulation of International Trade in India. EXIM Policy and Foreign Exchange Management

Act (FEMA), 1999. Introduction to General Agreement on Tariffs and Trade (GATT)/World 

Trade Organisation (WTO): Trade Related Investment Measures (TRIMS) and its

implications; Agreement on Agriculture (AOA) and its implications ; General Agreement on

Trade in Services (GATS) and its implications; Trade Related Intellectual Property Rights

(TRIPS) and its implications with special references to India. Recent Development under the

Ministerial Conferences.