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    3 views1 page

    MBF Paper 22

    Uploaded by

    Kamil Raza

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    UNIVERSITY OF THE PUNJAB

    Roll No. …………….


    B.S. 4 Years Program / Third Semester – Spring 2022
    Paper: Money Banking & Finance Course Code: COMM-204 Time: 3 Hrs. Marks: 60

    THE ANSWERS MUST BE ATTEMPTED ON THE ANSWER SHEET PROVIDED

    Q.1. Answer the following Short Questions: (15x2=30)

    Q.2. Answer the following questions. (3x10=30)

    i. Define money and also discuss its evolution.

    ii. What is letter of credit? Illustrate the procedure followed for opening a foreign letter

    of credit.

    iii. What is financial market? Explain the functions and role of capital market with

    reference to a developing country.

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