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PHI Learning

Helping Teachers to Teach and Students to Learn

Helping Teachers to Teach and Students to Learn

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PHI Learning

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Pages : 332

Print Book ISBN : 9788120347953
Binding : Paperback
Print Book Status : Available
Print Book Price : 595.00  476
You Save : (119)

eBook ISBN : 9789354435560
Ebook Status : Available
Ebook Price : 595.00  476
You Save : (119)


Intended for undergraduate students of Economics, Commerce and Management, this book discusses the concepts and functions of monetary and banking system. It also incorporates the recent trends and developments in the fields of money and banking. It is written in an easy-to-understand language.

Divided into twenty-seven chapters under two parts. Part I on Money discusses evolution, nature, value, role and significance of money; monetary standards; monetary theories; and analysis of interest rates, inflation and deflation. It also describes trade cycles; money, capital and stock markets; and monetary policy. Part II on Banking discusses evolution, structure and systems of banking, functions, credit creation process, balance sheet, investment policy and nationalization of commercial banks. It describes structure, management, functions and role of SBI and RBI in economic development. Besides, it dwells an India’s lead bank scheme, credit control methods and central banking systems in India, the UK and the USA. The book concludes with a discussion on international financial institutions such as IMF and IBRD.

The text is supported with examples, tables and figures. Chapter-end multiple choice questions and review questions are also provided. Besides the undergraduate students, this book will also be useful to the postgraduate students of Economics, Commerce and Management.

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