Description
Minor in Business Economics
Fundamentals of Money and Banking
Vertical 2 : Minor
S.Y.B.Com.: Semester – III
Syllabus (As Per NEP 2020) w.e.f. the Academic Year 2025-26
Module 1 : Money and Demand for Money (15 hours)
♦ Money : Definition, Classification, and Functions of Money
♦ Pre-Keynesian Theories : Classical and Neo-Classical Demand For Money
♦ Modern Theories : Keynesian Demand for Money and Post Keynesian Developments
Module 2 : Supply of Money and Monetary Policy (15 hours)
♦ Money Supply : Rationale and Sources of Money Supply
♦ Measurement of Money Supply: Revised Aggregates and Liquidity Aggregates
♦ Money Multiplier; Velocity of Circulation of Money; Monetary Policy : Meaning and Objectives; Instruments of Monetary Supply; Monetary Policy Framework Agreement and Monetary Policy Committee
Module 3 : Banking Industry (15 hours)
♦ Introduction to Banking – Lending Principle and Credit Creation and Balance Sheet of Banks
♦ Evolution of Banking System in India, Structure of Banking System in India – Commercial Banking – Function and Significance, Retail Banking – Functions and Significance and Corporate Banking – Rural Banking
♦ Applicability of KYC Norms in Banking – Issues and Challenges of Banking Industry, Banking Sector Reforms – 4R Framework – Basel Norms
Module 4 : Technological Innovation and Financial Inclusion
(15 hours)
♦ Technology Trends in Banking – Digital Rupee, Fintech, Social Media Banking, Account Aggregators, Open Banking
♦ Changes in Operational Technology in the Banking Industry – Core Banking Solution – Financial Inclusion by Extension of Banking Services, Use of Mobiles / Tablets in Financial Inclusion Drive, Financial Literacy – Cyber Threats and Awareness Drives in Banking Operations
♦ Government Initiatives for Financial Inclusion – Priority Sector Advances – Pradhan Mantri Jandhan Yojana, Features and Challenges, Pradhan Mantri Mudra Yojana (PMMY), Stand Up India Scheme – Microfinance Institutions in India, Advantages, Purpose, Limitations and Models of SHG – Bank Linkage Program





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