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CPT Chapter Budget, Money and Banking

CA CPT Exam  

With Jaya Wahal.Duration:2hrs 21min

Budget & Money & Banking Duration (min:sec)
Budget & Fiscal Deficit  
{modal https://www.youtube.com/embed/Wz0CVSNtX80?autoplay=1;rel=0|width=780|height=439|title=Introduction}Introduction{/modal} 05:12
{modal https://www.youtube.com/embed/gDGb_MDiLmA?autoplay=1;rel=0|width=780|height=439|title=Meaning of Budget & Fiscal Deficit}Meaning of Budget & Fiscal Deficit{/modal} 05:21
{modal https://www.youtube.com/embed/hit46JuW6kc?autoplay=1;rel=0|width=780|height=439|title=Trends in Budget & Fiscal Deficit}Trends in Budget & Fiscal Deficit{/modal} 03:16
{modal https://www.youtube.com/embed/jN9vcVhoIEk?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 03:50
Balance of Payment  
{modal https://www.youtube.com/embed/oHp_YfaTrVk?autoplay=1;rel=0|width=780|height=439|title=Introduction}Introduction{/modal} 01:01
{modal https://www.youtube.com/embed/AjDpw2c_zXs?autoplay=1;rel=0|width=780|height=439|title=Terminology}Terminology{/modal} 12:45
{modal https://www.youtube.com/embed/hwVXKjivLK4?autoplay=1;rel=0|width=780|height=439|title=Trends in Balance of Payment}Trends in Balance of Payment{/modal} 02:58
{modal https://www.youtube.com/embed/ZnJ2aqc_Brw?autoplay=1;rel=0|width=780|height=439|title=India's Foreign Exchange Reserve}India's Foreign Exchange Reserve{/modal} 05:38
{modal https://www.youtube.com/embed/22Aj4BSFYUY?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 04:54
{modal https://www.youtube.com/embed/2hmw53MyKAY?autoplay=1;rel=0|width=780|height=439|title=Summary}Summary{/modal} 01:02
External Debt  
{modal https://www.youtube.com/embed/X4vX0qB285A?autoplay=1;rel=0|width=780|height=439|title=Meaning & External Debt in India}Meaning & External Debt in India{/modal} 04:58
{modal https://www.youtube.com/embed/qxxWetCpNvE?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal}  
Money   
{modal https://www.youtube.com/embed/ejukhwtGQ_g?autoplay=1;rel=0|width=780|height=439|title=Money Introduction}Money Introduction{/modal} 01:26
{modal https://www.youtube.com/embed/X7wABHydlgg?autoplay=1;rel=0|width=780|height=439|title=Meaning & Functions of Money}Meaning & Functions of Money{/modal} 10:03
{modal https://www.youtube.com/embed/r_EAMYsEq0E?autoplay=1;rel=0|width=780|height=439|title=Money Stock in India}Money Stock in India{/modal} 05:37
{modal https://www.youtube.com/embed/CB9eqiuoJ5Y?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 06:25
{modal https://www.youtube.com/embed/Fy1h67GvI6g?autoplay=1;rel=0|width=780|height=439|title=Summary}Summary{/modal} 00:21
Commercial Banking  
{modal https://www.youtube.com/embed/zFz-9CbDPHY?autoplay=1;rel=0|width=780|height=439|title=Introduction to Banking}Introduction to Banking{/modal} 00:43
{modal https://www.youtube.com/embed/VlLMOeI1ogc?autoplay=1;rel=0|width=780|height=439|title=What are Commercial Bank}What are Commercial Bank{/modal} 04:52
{modal https://www.youtube.com/embed/1FWYdERtj28?autoplay=1;rel=0|width=780|height=439|title=Roles of Commercial Bank}Roles of Commercial Bank{/modal} 03:05
{modal https://www.youtube.com/embed/8cu_srKx8OQ?autoplay=1;rel=0|width=780|height=439|title=Functions }Functions {/modal} 04:01
{modal https://www.youtube.com/embed/R4G7KWqGBB0?autoplay=1;rel=0|width=780|height=439|title=Nationalisation of Commercial Bank}Nationalisation of Commercial Bank{/modal} 08:12
{modal https://www.youtube.com/embed/bREYGaPucyg?autoplay=1;rel=0|width=780|height=439|title=Shortcomings }Shortcomings {/modal} 02:07
{modal https://www.youtube.com/embed/wfmD2ObBF8s?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 05:21
{modal https://www.youtube.com/embed/WgjGpoh7l5U?autoplay=1;rel=0|width=780|height=439|title=Summary}Summary{/modal} 01:22
RBI  
{modal https://www.youtube.com/embed/w-6Wd2k1ZWA?autoplay=1;rel=0|width=780|height=439|title=Introduction}Introduction{/modal} 00:30
{modal https://www.youtube.com/embed/ZqkDv15aItQ?autoplay=1;rel=0|width=780|height=439|title=Meaning & Functions of RBI}Meaning & Functions of RBI{/modal} 02:24
{modal https://www.youtube.com/embed/bN3zK9sUIx4?autoplay=1;rel=0|width=780|height=439|title=Central vs Commercial Bank}Central vs Commercial Bank{/modal} 02:26
{modal https://www.youtube.com/embed/DSzmKQ9J7Eg?autoplay=1;rel=0|width=780|height=439|title=Roles of RBI}Roles of RBI{/modal} 01:47
{modal https://www.youtube.com/embed/uYy9rrREXpo?autoplay=1;rel=0|width=780|height=439|title=Functions of RBI}Functions of RBI{/modal} 05:33
{modal https://www.youtube.com/embed/Wpx0I3ncBPU?autoplay=1;rel=0|width=780|height=439|title=Indian Monetary Policy}Indian Monetary Policy{/modal} 12:23
{modal https://www.youtube.com/embed/buH2l7YKTxI?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 10:32
{modal https://www.youtube.com/embed/b3qOxfJPkVo?autoplay=1;rel=0|width=780|height=439|title=Summary}Summary{/modal} 01:28
   
Total 02:21:33

Notes

Budget and fiscal Deficit:


Meaning of Budget and fiscal deficit:
Budget = Expected receipts - Expenditure of govt

Budget deficit = Total exp (capital +revenue)-Total receipt (capital +revenue)
Fiscal deficit = Total exp (capital +revenue) - Total receipts (exl borrowings)

Fiscal deficit = Budget deficit +(borrowings + other liability)

Budget deficit doesn’t give true picture of an economy
Fiscal deficit is a more comprehensive measure
Fiscal Policy


Balance of Payment:

Index:
Balance of Trade (BOT)
Balance of Current account
Balance of Payment on Capital account
Balance of Payment
Trends in Balance of Payments


Balance OF Payment:

Balance of current account + capital account
Systematic record of all economic transaction between the residents of one country and the rest of the world in a year
Always balance in book keeping sense.

External Debt:

External assistance is of 2 types-grants and loans
90% of external assistance received by India is from loans.
Sources of loans - IMF,WB,IDA,USA,UK,Japan etc
Share of concessional debt at end 2013 was 10.5% .
External debt was 22,00,000 crore at March,2013.
As per cent of GDP, India external debt was 23% at March 2013.
Debt Service Ratio (Principal & Interest / Total Export)-6% in 2012-13,still high by international standards. represents capacity of a country to serve external debt
Export of goods as of GDP was 25%
India ranks as the third most indebted country after China & Brazil (2012)

Money & Banking:

Index:
Meaning of Money
Functions of Money
Money stock in India

Meaning OF MONEY:
Serves as a medium of exchange - for buying and selling
serves as a common measure of value - value of a good or service can be expressed in terms of money
Serves as a store of value - money saved in present can be used future.

 


CPT Exam Exposure-Budget

CPT Exam Exposure-Balance of Payment

CPT Exam Exposure-External debts

CPT Exam Exposure-Money

CPT Exam Exposure-Commercial Banks

CPT Exam Exposure-Reserve Bank of India

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