Monetary and Financial System (MAFS)
Monetary and Financial System (MAFS)
Full Marks: 100
Module-A: Money and Monetary System
- Concept and Functions of Money
- Kinds of money
- Demand for Money
- Measures of money supply: narrow money and broad money
- Constituents of Monetary System: Central Bank and Commercial Banks
- Creation of Money by Commercial Banks
Module-B: Payment System
- Concept
- Different payment options
- Pros and Cons of different payment types (Cash, Cheques, Debit Card, Credit Card, Mobile payments, On-line payments, Electronic fund transfers)
- Evolution and Growth of Bangladesh Payment System
Module-C: Financial System
- Concern of Finance
- Modes of Finance (Direct and Indirect)
- Concept of Financial System
- Relationship among Financial, Monetary and Payment Systems
- Constituents of Financial System: Financial Institutions, Financial Instruments and Financial Markets
- Financial Infrastructure and Superstructure
- Financial System of Bangladesh
Module-D: Financial Institutions
- Types of Financial Institutions: Banking Financial Institutions (BFIs) and Non-bank Financial Institutions (NBFIs)
- Functions and Growth of BFIs and NBFIs in Bangladesh
Module-E: Financial Markets
- Functions of Financial Markets
- Classifications: Money Market and Capital Market
- Banking, Security and Insurance Market
- Primary Market and Secondary Market including OTC market
- Micro-finance and micro-credit market
- International Financial Market
Module-F: Islamic Financial System
- Islamic Economics, Finance and Banking
- Principles of Islamic Financial System (Prohibition of Interest, Risk Sharing, etc.)
- Relation between Religion and Finance in Islam
- Source of Shariah Law
- Islamic Financial Instruments
Module-G: Regulatory Framework for Financial, Monetary and Payment System
Role of BB, BSEC, IDRA and MRA