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B.Com (IV Semester) Examination
COMMERCE
Paper : BCM–403 (Old Course)
( Banking and Insurance )
Full Marks : 80
Pass Marks : 35%
Time : Three Hours
1. Answer the following questions : 2×5=10
(a) Define the term ‘Utmost Good Faith’.
(b) Explain the functional definition of ‘Insurance’.
(c) Define ‘Central Bank’.
(d) Explain the term ‘Credit Control’.
(e) Discuss the secondary functions of banks.
2. Answer any four of the following questions : 5×4=20
(a) Discuss in brief the importance of insurance.
(b) What are the essential features of Life Insurance Contract?
(c) Define ‘Regional Rural Bank’.
(d) What is ‘Money Multiplier’?
(e) What do you mean by ‘Open Market Operations’?
(f) Explain the method of ‘Selective Credit Control’.
3. Answer any five of the following questions : 10×5=50
(a) Describe the different kinds of insurance and examine briefly the nature of risks protected by them.
(b) What are the general principles of ‘Insurance Contract’?
(c) What are the essential features of a good monetary policy?
(d) Elaborate the importance of commercial banks in an economy.
(e) Elaborate the functions of the Reserve Bank of India.
(f) Critically examine the banking structure in India.
(g) Differentiate between the Central Bank and Commercial Bank.
