What is the Bangladesh bank money-laundering prevention act

Q: Describe in detail the measures of money supply used by Reserve Bank of India

A: Reserve Bank of India is the central bank of India which is established in year 1925 under the…

Q: Is Islamic banking really different?

A: Banking: These are the services provided by a bank.

Q: which type of collusion is possible in the banking sector? and what would be the cause

A: A formally and informally, contract between market competitors to fix prices for goods or services…

Q: what is the different between islamic banking practices compared to conventional banking practices

A: Bank:The bank is a financial institution that accepts deposits from the people and payable on…

Q: Which of the following is NOT a bank liability? checkable deposits CDs mortgage loans borrowings…

A: Hi! thanks for the question but as per the guidelines, we can answer only one question at one time.…

Q: What is the major function of general banking operation?

A: When talking about banking operations, it can be said that this market includes the exchange of…

Q: Why is it that bank deposit secrecy became a highly sensitive issue with respect to the…

A: Anti-money laundering (AML) represents an attempt that financial institutions do in order to meet…

Q: What are the complications in the process of deposit expansion and deposit contraction?

A: The deposit expansion is the money created by the reserve banking, in which the money that is…

Q: Bank Regulation Describe two ways in which bank regulation has hurt the banking system.

A: The banking regulation means making laws that helps in governing the banks and to protect the banks…

Q: Are Deposit Insurance Institutions necessary in countries with no history of bank failures?

A: Deposit insurance is a measure carried out in numerous nations to safeguard bank investors, in full…

Q: Which of the following is a liability of  bank loans reserves securities deposits

A: Liability means what is owe to others.

Q: Explain why the interest rate channel of the transmission of monetary policy works better if there…

A: The interest rate channel is a monetary policy process in which a central bank's policy induced…

Q: Using T-accounts, show what happens to checkabledeposits in the banking system when the Fed sells$2…

A: Monetary Base (High powered Money) is the summation of currency (C) in the hands of the public and…

Q: What is a key advantage of money over other financial assets such as stocks, bonds, precious metals,…

A: One of the primary advantages of money over other financial assets is its universal acceptability.…

Q: Differentiate between bank money and central bank money.

A: A central bank is a bank for bankers. The financial system is often managed by an institution that…

Q: Should bankers be empowered by law to inquire into the sources of their customers' deposit?

A: Every day, bankers, often referred to as retail bankers, work with customers by helping them with…

Q: Define money laundering and Describe in your own words the 3 steps in money laundering

A: The following problem has been answered as follows:

Q: Describe who issues each of the following moneymarket instruments:a. Treasury billsb. Certificates…

A: Treasury bills are issues by government of India in three forms; for 91 day, 182 and 364 days.…

Q: Discuss the history of banking, from the origin of the term "bank" up to the appearance of the paper…

A: The payment system has evolved with time. Initially, the barter system was used where the…

Q: The higher the reserve requirement ratio, the greater the fractional reserve banking system can…

A: In an economy, fractional reserve banking refers to the system in which commercial banks general…

Q: what are the better ways to reduce banking sector risks?

A: Reducing the risk inherent in the banking sector can be very important for regulatory authorities as…

Q: Views on electronic money, or e-money, and digital cash

A: Money is a medium of exchange and is accepted as payment of any product or service.

Q: Required reserves of banks are a fixed percentage of their: Select one: Loans Deposits Assets…

A: Required reserve is the amount that bank have to keep with the central bank in  fixed percentage of…

Q: A bank's liquid assets consist of?

A: Currencies that are easily converted into other currencies are the liquid assets of a bank. These…

Q: Explain each of the following types of deposit accounts: a.demand deposit b.certificate of deposit…

A: A bank is an institute which deals in credit and money creating of the economy. It provides the…

Q: Assess the banking sector from the perspective of the GDP of Canada

A: GDP: Gross Domestic Product  The gross domestic product is the total monetary or market value of all…

Q: What is the effect of money laundering in the economy? Explain your answer.

A: Money laundering refers to the illegal process of making large amounts of money, usually generated…

Q: Why have banks been losing cost advantages in acquiring funds in recent years?

A: Banks have to bear an amount of cost to acquire the funds, but there are some cost advantages that…

Q: Why credit cards are not money? Explain any five points.

A: Money is any object which is acceptable legally as payment for services and goods and also for the…

Q: Depository institutions face regulations about their balance sheets True False

A: There are no regulations regarding balance sheets.

Q: If currency ratio is 0.15, required reserves ratio is 0.10, excess reserves ratio is 0.05, banks…

A: A discount loan refers to a loan taken by a commercial bank from the central bank. Any change in…

Q: What caused the banking crisis of 2008? Why did the banking crisis lead to the Great Recession?

A: When talking about the banking crisis in 2008, it can be said that those crisis were very larger…

Q: What is a bank? What are its functions in our economy?

A: Banks are heavily regulated in most jurisdictions because they play such a critical role in…

Q: Explain Three specific motives to hold money instead of non-monetary financial assets.

A: A non-monetary financial asset is one whose value changes over time according to the conditions…

Q: Is Islamic banking really different from conventional?

A: The general conclusion is that Islamic banks are less efficient, have higher intermediation ratios…

Q: Which of the following is a money market security?

A: Money market securities are debt products with maturities of one year or less. Money market…

Q: Near moneys are  a. Paper money  b. Flat money  c. Highly liquid financial assets  d. Any…

A: Near money: - Near moneys are highly liquid financial assets other than cash, it is also known by…

Q: Why do we call a bank a financial intermediary?

A: An individual or a firm or a party who is placed between two other parties are called Intermediary…