Finance for Everyone — DU B.Com (P) Previous Year Question Papers

1. Explain the concept and importance of financial planning. (8) Describe the role of commercial banks in the economy. 2. "Insurance protects individuals and families against financial losses arising from unforeseen events." Explain the importance and types of insurance. "Budgeting is an essential tool for effective money management." Explain the steps involved in preparing a personal budget. 3. State the factors to be considered before making an investment. (8) Explain the functions of the Reserve Bank of India. (7) 4. "Financial planning helps individuals achieve their life goals by managing their money effectively." In the light of the statement, explain the different stages of financial planning. (8) macelaint. "Bank accounts ensure the safety of funds and provide convenient financial transactions." Describe the major types of bank accounts. 5. Describe the advantages and disadvantages of on line payment systems. (8) "Loans provide access to capital that individuals and businesses require for growth and development.". Explain the types of loans offered by banks. (7) 6. Write a short note on the following (any three) (3X5=15) a. DI Slips b. DEMAT c. ULIP d. Stock splits (ta) site (DEMAT) (a) * far (Stock Splits)