Latest Question Paper W-2009

First Semester Examination (New Course) Paper-III Indian Financial System Time: Three Hours] Marks: 80 [Max.

5.

What is the role of SEBI in protecting the interest of investors in securities market? How far it has been successful?

Section B 6. Explain the functioning of the NSDL and the SCHIL. 7. What are the main features of Indian derivatives market? Which issues still need to be resolved for the growth of the Indian derivatives market? 8. UTI, the largest mutual fund of India, is in troubled times. Discuss the SEBI regulations relating to mutual funds. 9. State the latest guidelines of SEBI with reference to merchant bankers in India.

N.B. :- 1)

Answer any four questions.

2) All questions carry equal marks.

Section A 1. What are the components of formal financial system? How the market based financial system is preferable to a bank based financial system? 2. What is money market? What steps have been to develop the Indian money market? 3. What is meant by Private Placement? What are the reasons for growth of private placement market in India? 4. Why is the debt market an important segment of the capital market? Who are the participants in the debt market?

10. Explain the concept of forfeiting. What

are the benefits of forfeiting?