Roll No.__________________ 31 August, 2015 Sarhad University, Peshawar (Distance Education) Paper : Money & Banking-FIN355 Examination: Final, Spring-2015 Total Marks: 70, Passing Marks (35) Time Allowed : 3 hours NOTE: Q.1 is compulsory, attempt any four questions from the remaining. All questions carry equal marks . Phones and other Electronic Gadgets are not allowed. Q1. State whether each of the following statement is ‘True’ or ‘False’ i. Money and wealth are the same thing. ii. Credit card are good money and included in money supply.. iii. The value of money primarily depends on purchasing power. iv. The overall rise in price level is called deflation. v. An extremely low inflation is called hyperinflation. vi. Equity shares are more risky. vii. Working capital is required to purchase machinery and building . Q2. Explain the role of commercial banks in the Economic development of a country? Q3. Devaluation in currency helps in boosting exports. Discuss? Q4. Why is current account becoming popular with the depositors as well as with the bank? Discuss in detail? Q5. What is meant by a monetary standard ? Describe the principal types of monetary standard. Q6. Explain Indemnity in term of section 124 of the negotiable Instrument Act 1872. Q7. Write short note on any two of the following? i. Commercial Letter of credit ii. Main components of money supply in Pakistan iii. ATM(Automated teller machine) Money & Banking-FIN355-Spring-2015-A Page 1 of 1