This document lists 25 important questions related to money, banking, and finance for a B.Com Part 1 course. The questions cover topics such as the barter system, functions of money, evolution of money, qualities of good money, merits and demerits of paper money, methods of note issue, quantity theory of money, causes and remedies of inflation, features of the trade cycle, phases of the trade cycle, types of banks, functions of commercial banks, role of banks in economic development, credit creation process, rights and duties of bankers and customers, circumstances ending the banker-customer relationship, types of relationships between bankers and customers, distinguishing features of cheques, bills of exchange, and promissory notes, parties and
This document lists 25 important questions related to money, banking, and finance for a B.Com Part 1 course. The questions cover topics such as the barter system, functions of money, evolution of money, qualities of good money, merits and demerits of paper money, methods of note issue, quantity theory of money, causes and remedies of inflation, features of the trade cycle, phases of the trade cycle, types of banks, functions of commercial banks, role of banks in economic development, credit creation process, rights and duties of bankers and customers, circumstances ending the banker-customer relationship, types of relationships between bankers and customers, distinguishing features of cheques, bills of exchange, and promissory notes, parties and
This document lists 25 important questions related to money, banking, and finance for a B.Com Part 1 course. The questions cover topics such as the barter system, functions of money, evolution of money, qualities of good money, merits and demerits of paper money, methods of note issue, quantity theory of money, causes and remedies of inflation, features of the trade cycle, phases of the trade cycle, types of banks, functions of commercial banks, role of banks in economic development, credit creation process, rights and duties of bankers and customers, circumstances ending the banker-customer relationship, types of relationships between bankers and customers, distinguishing features of cheques, bills of exchange, and promissory notes, parties and
This document lists 25 important questions related to money, banking, and finance for a B.Com Part 1 course. The questions cover topics such as the barter system, functions of money, evolution of money, qualities of good money, merits and demerits of paper money, methods of note issue, quantity theory of money, causes and remedies of inflation, features of the trade cycle, phases of the trade cycle, types of banks, functions of commercial banks, role of banks in economic development, credit creation process, rights and duties of bankers and customers, circumstances ending the banker-customer relationship, types of relationships between bankers and customers, distinguishing features of cheques, bills of exchange, and promissory notes, parties and
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IMPORTANT QUESTIONS
MONEY BANKING & FINANCE
B.COM PART 1ST 1.What is barter system? How money can remove barriers / difficulties /inconvenience of barter system? 2.What are the functions of money? 3.What are the stages of evolution of money 4.What are the qualities of good money 5.What are the merits and demerits of paper money 6.What are the methods of note issue 7.Explain the quantity theory of money 8.What are the causes and remedies of inflation (or) how inflation can be removed 9.What the features of trade cycle 10. What are the causes and remedies of trade cycle 11. What are the phases of trade cycle 12. What are the different kinds of banks 13. Explain the functions of commercial bank 14. Explain the role of bank in economic development of country 15. What is the process of credit creation 16. Explain the rights and duties of banker and customer 17. Explain the circumstances under which the relationship between banker and customer comes to an end and explain the types of relationship between them 18. Differentiate between the cheque bill of exchange and promissory note 19. Describe the parties of letter of credit and also explain the procedure for opening L.C 20. What are the types of letter of credit 21. What are the functions of central bank 22. Distinguish between central bank and commercial bank 23. Discuss the interest free mode of financing 24. What are the causes of nationalization of banks in Pakistan 25. Business finance complete chapter
IMPORTANT QUESTIONS INTRODUCTION TO BUSINESS B.COM PART 1ST 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. What are the components /divisions / branches of business?( 2006,2008,2009,2010,2011 What are the qualities of good businessman? (2007) What is the importance of business? (2006-2007-2008-2009) Explain the different forms of business (2010) Explain the advantages and disadvantages of sole trader ship (2006-07-08-09 sup 2009) Explain the advantages and disadvantages of partnership What is co-ownership? Explain the difference between partnership and co-owner ship Explain the right duties and liabilities of partner in a firm Define the dissolution of firm and also explain the circumstances under which a form may be dissolved What are the types of joint stock company Describe the advantages and disadvantages of joint stock company Differentiate between partnership and public company differentiate between private company and public company What is the procedure of formation of joint stock company What are the three legal documents of company What are the different types of share Explain the types of meeting and also state the purpose of such meeting What is resolution explain its various types & explain the objects of resolution What are the advantages and disadvantages of co-operative societies also explain its various kinds Difference between joint stock company and co- operative society What is business combination also explain its various types Differentiate between vertical and horizontal combination Define marketing also explain the functions of marketing Define advertising. what are the various types of advertising What is insurance. explain the different types of insurance also describe its merits and demerits
