Punjabi University, Patiala

Examination - May 2019

B.A.LL.B. (5 Years) Course

Semester - VIlIth

of Financial Marketing
Subject: Legal Regulations
Theory Paper- V

Unit -I

1 Write note on

i. Functions of IRDA as regulator

ii. Constituents of Financial system.

function of RBl as regulatory authority Governing

Q2 Explain the power and
commercial banks in India.

Unit -II

Q.3 Write Note on

1. Rights and Obligatións of Depositories

. Operations of Stock Exchange
correlation between capital accumulation and
Q4 "There is sign:ficant positive
and therefore mobilization of
funds or capital occupies an
economic growth with
economy". Explain the
statement
of an
important place in the growth
reference to capital market in India.

Unit- II

fast emerging as an important

Q5 Non-banking financial companies (NBFCs) are
kinds and
financial system. Explain the importance,
segment of the Indian
contribution of NBFCs under Indian Econoriy.

market are distinct on different paraneteib

6 Capital Market and Money
 markKet.
and Money
Highlight the differences between Capital

Unit -IV
Dominance per se is not anti competitive until abused. Explain the sta tement
Q7
wItn reference to provisions of Competition Act relating to abuse of dominant

position.
Q8 Write short note on
Contravention and Compounding of contravention under FEMA
b. Regulations regarding foreign currency.
Unit - V

Q9 Attempt all questions, ea:h carry 4 marks.

Discuss the concept of "Underwriting' under Financial Market.

(i) Buy back of shares
(ii) Concept of Hedging in India
iv) Investors protection
Depositary System
(vi) Derivatives
(vii Venture Capital
(vii) Vertical Combination
(ix) Horizontal Combination
Primary and Secondary market.

4246

o*b ui ltportant

segment of tne Indian financial

system. Explain the importance, kinds and
contribution of NBFCs under Indian Economy.

Q.6 Capital Market and Money market are distinct on different parameters.
 SECTION-A

1 Define the term Financial System and

d exnla:
explain its
Constituents.

2. Discuss the Powers of SEBI.

11
A 3. Define the term Depository and
explain
explain as to
ae

who can be a Depository.

11

4. Write a short note on the

operations of Stock
exchange. 11

SECTION-B

55. What is meant by the term Capital Market ?

Explain briefly the Capital Market

Instruments. 11

6. Outline the aims and objectives of the Competition

Act referring to the important provisions seeking

to 11
achieve those
objectives.
735/ML/382/W/410o 2
7. Define the term Combination and discuss

how such combinations are regulated by the

Competition Act. 11

8. Define the terms Currency' and 'Foreign Currency

and discuss the provisions of FEMA regulating

Foreign Currency. 11

SECTION-C

9.
9. Write short notes on the following:. 10x3-30

G) Financial System.

(ii) Financial Market.

(ii) Depositories.

iv) Significance of Stock Exchange.

(v) Securities.
P. T.O.
735/ML382/W/410 3
 (vi) Money Market.

(vii) Money Market Instruments.

(vii) New Issue Market.

(ix) Dominant Position.

(x) FEMA aims.

735/ML382/W/410 4
 otal No. of
Roll No... Pages :4
PC 6305-ML

X-9/2057

LEGAL REGULATION OF FINANCIAL

ALMARKETING-V(B)
Semester-8th

Time Allowed : Three Hours] (Maximum Marks: 100

Note:The candidates are required to attempt one question each from

Sections A, B, C and D carrying 15 marks each and the entire

Section E consisting of 10 short answer type questions carrying
4 marks each.

SECTION-A

1. Discuss the importance of financial institutions in the development of

economic system.

2 What are the important regulatory authorities goveming the financial

market in India ? Discuss explaining their role.

SECTION-B
marker
3. Critically examine the role of SEBI in regulating the securities
in India.
to
referring
A. Write a critical note on operations of Stock Exchange

National Stock Exchange of India.

[P.T.O.
 SECTION-C

the imnDo
Market' and discuss the important
5. Define the term 'Money
market.
characteristics of a developed money
and commercial
place of certificate deposits
of Dar
6 Discuss the papers
of Money Market.
amongst instruments
SECTION-D

and discuss how the abuse of

7. Define the term 'Dominant Position'
dominant has been prevented under the Competition Act.
position
has been regulated
8. Define the Term 'Foreign Currency' and how it
under FEMA. Discus
SECTION-E

Write short notes on the following:

9
) Financial Market.

Collateral Loan Market.

)
(i) Call Money Market.
(iv) Existing Securities and Exchange Board.
(v) Participant.
(vi) Listing of Securities.
(vii) Derivative Market.

(vii) Debentures.

(ix) Enterprise.
(x) Foreign Security.
 MCY-un -20/6
Total Pages 6

PC-8775/MS
T-9/2056

LEGAL REGULATION OF FINANCIAL

MARKETING-V (b)

(Semester-VIII)

[Maximum Marks : 100

Time Three Hours]

Attempt one question

each from Sections A, B, C & D
Note
the entire Section E consisting
carrying 15 marks each and
4 marks
of 10 short answer type questions carrying
each.

SECTION-A

in
I. What is a Financial System and what is its significance
the modern world? Discuss.

institutions in India during

II. Discuss the growth of financial
the post-independence period.

SECTION-B
to
Discuss referring
III When SEBI can order investigation?
of investigauon
the provisions of Law in regard to the scope

power.
[P. T. O.
8775/MS/910/HHH/779
 discuss its functions
IV. Define a Stock Exchange and

SECTION-C

V. Discuss the role and significance of Capital Market.

Define 'Repurchase Agreement and discuss its role in the

VI.
Money Market of India.

SECTION-D

VII. Define the term 'Combination' and discuss the regulation

VII.
of combinations under the Competition Act.

VIII. Write an essay on the aims and objectives sought to be

achieved by the FEMA.

SECTION-E

(Compulsory)

IX Write short notes on the following:

(a) Financial Institutions

b) Capital Market

(c)TemporarySurplus
d) Securities

8775/MS/910/HHH/779 2
 (e) Registered Owner

( Services of Depository

Secondary Market

(h) Equity Shares

) Acquisition

) Foreign Exchange.

3
[P.T.O.
8775/MS/910/HHH/779
 2415/18
Total Pages : 4

PC-4126/ML
Y-12/2058
FINANCIAL MARKETING REGULATION-V (b)

(Semester-VIII)
Time Three Hours] [Maximum Marks: 74

Note Attempt rwo questions each from SectionsA & B carrying

l1 marks each and the entire Section C consisting of
10 short answer type questions carrying 3 marks
each.

SECTION-A
I. Briefly discuss the growth of financial market in India.

II. Explain the investigation power of the Board.

III. Define and differentiate the terms Participant Issuer and

Beneficial Owner.

IV. Discuss the functions and significance of Stock Exchange

as provided under the law.

SECTION-B

V. Define the terms Money Market and Capital Market and

differentiate the two by giving suitable illustrations.

4126/ML/1210/HHH/1015 P. T. O.
VI. 1? Discuss
When oneor more enterprises become a combination? Discuse
referring to provisions of section 5 of the Competition Act

VII.
V.Outline the objective of enacting FEMA and refer to relevant

provisions aimed at achieving this objective.

VIII What is the system of appeals under the Foreign Exchange

Management Act? Discuss.

SECTION-C

(Compulsory)
IX Write brief answers
1. Importance of Financial System
2. SEBI
3 Issuer
4 Stock Exchange
5. Listing of Securities
6. Significance of Capital Market
7. Formation of NBFCs

8. Secondary Issue
9. Trade Combinations
10. Compounding Contravention.

4126/MIL/1210/HHH/1015 2