Unit I
Money: Evolution of Money, Meaning, Definition, Functions of Money, Forms of Money, and
Significance of Money.
Unit II
Changes in the value of Money and its measurements: Inflation, Deflation Quantity theory of Money.
Index Number, Monetary Policy, Indian Money Market
Unit III
Monetary Standards, Gresham’s Law, Paper standard, Principles of Note Issue, Gold Standard,
Unit IV
Banking Growth, Definitions and Functions, Banking System of India- Classification and Organisation,
Nationalisation and Social Control of Banks, Indian Banking Legislation, IMF, IBRD.
Unit V
RBI, Privatisation of Banks, Reforms in the Banking Sector in India And Narshimham Committee
Reports.