Ms - 46 - Management of Financial Services

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ASSIGNMENT

Course Code                                                      :               Ms - 46
Course Title                                                       :               Management of Financial Services
Assignment Code                                            :               MS-46/TMA/SEM-II/2016
Coverage                                                             :               All Blocks


Note: Attempt all questions and submit the assignment on or before 31st October, 2016 to the coordinator of your study centre.


Question.1. Select any financial service of your choice and discuss the impact of technology on thatservice.

Answer:Globally, information technology has become a key element in economic development of many countries in the world. Over the years, many innovations have taken place in the world,the most striking and most celebrated is the aspect of information technology. Organizations today are confronted with rapidly changing market condition indicated by high merger rate and strong competitors. Under these conditions, traditional



Question.2. Study any Stock Exchange of your choice and explain its organizational structure. Also discuss the recent developments that have taken place in that organization.

Answer:A stock exchange or bourse is an exchange where stock brokers and traders can buy and/or sell stocks (also called shares), bonds, and other securities. Stock exchanges may also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction"



Question.3. Discuss the various products that are being offered by a Mutual Fund of your choice to investors. Which of these schemes according to you are suitable to which class of Investors?

Answer:The mutual fund industry of India is continuously evolving. Along the way, several industry bodies are also investing towards investor education. Yet, according to a report by Boston Analytics, less than 10% of our households consider mutual funds as an investment avenue. It is still considered as a high-risk option.




Question.4. What functions are undertaken by National Housing Bank? Discuss the powers vested in it to regulate and supervise the housing finance companies.

Answer:The Sub-Group on Housing Finance for the Seventh Five Year Plan (1985-90) identified the non-availability of long-term finance to individual households on any significant scale as a major lacuna impeding progress of the housing sector and recommended the setting up of a national level institution.

The Committee of Secretaries considered' the recommendation and set up the High Level Group under the Chairmanship of Dr. C. Rangarajan, the




Question.5. Discuss in detail about any two non-life insurance policies that are relevant to each, an individual and an organization.

Answer:General insurance or non-life insurance policies, including automobile and homeowners policies, provide payments depending on the loss from a particular financial event. General insurance is typically defined as any insurance that is not determined to be life insurance. It is called property and casualty insurance in the U.S. and Canada and non-life insurance in Continental Europe.

In the UK, insurance is broadly divided into three areas: personal lines, commercial lines and London market.

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Send your semester & Specialization name to our mail id :
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