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SECTION-A
1Explain any TEN of the following:2x10
i) BARTER SYSTEM
ii) VALUE OF MONEY
iii) STAGFLATION
iv) INDEX NUMBER
v) RECESSION
vi) CAPITAL MARKET
vii) IBRD
viii) CREDIT CREATION
ix) OPEN MARKET OPERATION
x) RUNNING FINANCE
xi) LETTER OF CREDIT
xii) MONETARY POLICY
xiii) DEBT FINANCE
SECTION-B
2Define MONEY. What are the PRIMARY and SECONDARY functions of MONEY? 4,8,8
3What are the USES and DIFFICULTIES of INDEX NUMBER? 10,10
4What is meant by INFLATION? Discuss the causes of INFLATION. What are the methods to control INFLATION? 4,10,6
5Define the term BUSINESS FINANCE. Discuss the IMPORTANCE of BUSINESS FINANCE. 4,16
6Write detail notes on MUSHARIKA and MUDARIBA. 10,10
7What are different kinds of BANK ACCOUNTS? Give detail for each kind of BANK ACCOUNT. 4,16
8Define LETTER OF CREDIT. How many parties are involved in it? Discuss step by step PROCEDURE of opening and FUNCTIONING of LETTER OF CREDIT. 2,4,14
9What is the ROLE of STATE BANK of PAKISTAN in ECONOMIC DEVELOPMENTof PAKISTAN? 20
***B.Com –I (10/A) ii ***

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last updated on 28-04-2019