Buss 322: Money Banking And Finance Question Paper

Buss 322: Money Banking And Finance

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2011

FACULTY : BUSINESS AND MANAGEMENT STUDIES
DEPARTMENT : BUSINESS ADMINISTRATION
TIME : 2 HOURS
INSTRUCTIONS Answer Question ONE and any Other TWO Questions

Question 1
a) The disadvantages of the barter system of trade far exceed its advantages. Discuss (10marks) b) Money as a means of payment has evolved through various stages. Discuss (10marks)
c) Distinguish between money and near money assets (10marks)
Question 2
Write short notes on the following:
a) Metallic money (10marks)
b) Token money (10marks)

Question 3
a) Discuss the functions of money (10marks)
b) How is money essential for a modern economy (10marks)

Question 4
a) What do you understand by the organization and structure of commercial banks (10marks)
b) What are their advantages and disadvantages (10marks)

Question 5
a) What is a money market (10marks)
b) Distinguish between a developed and underdeveloped money market (10marks)

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