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1. How would you describe our current modern society if we were still using the barter system for all our market transactions?
2. What do you think are the major advantages of a corporation compared to sole proprietorship? (Discuss briefly)
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- Why are banks called financial intermediaries?Which of the following is a kind of bank? (select all that apply) A. Commercial B. Savings and Loan Associations C. Mutual Savings D. Credit Unionsuse the term Commercial Banks to answer the question below Explain the purpose of this type of financial institution. Does this type of financial institution have different categories? (For example, commercial banks can be national, regional, local, or online.) Depository or Non-Depository? Explain. What are the primary services and products this type of financial institution offers clients/customers? How do they generate revenue/income? Is any of this revenue/income given back to the customers? Is there any type of insurance covering customers in case of failure for this financial institution? Find one (real life) example of this type of financial institution. For this example, include the following information: Name of institution Location (main branch/home office) List of products/services How do they advertise to acquire new customers? Why would a customer choose this particular institution over its competitors? (You will have to explore their website and competitors’…
- Why are banks more willing to lend to well-established firms?From a firms point of view, how is a bond similar to a bank loan? How are they different?Question 13 Select the correct statement: Your interest rate on your loan with the credit card company can go up big O A. time if you make late payments, or go over your credit limit. Your interest rates on your loan with many credit card companies can go up O B. big time if you make late payments on other bills that have nothing to do with your credit card. Your interest rate on your loan with many credit card companies can go up C. big time for no reason at all. O D. All of the above. Question 14 Save and Quit s a really tough question. Select the correct statement: DELL 24 &
- Q2 (Case study-compulsory) The Banking system acts as a backbone for any economy.Banks are the Financial Institutions that provide banking and other financial services to theircustomers, the journey of banking in India has pass through various phases from 18th centuryto 2020, with the passage of time especially after 1990s Banks realize in India that if theywant to survive they have to focus on customer service as well as customer relationshipmanagement. Gone are those days when customer use to walk-in the branches but slowlyafter 2010 with the advent of technology this walk-in reduced and the new word which camein light was “customer convenience”. At the same time RBI realises that if they want toincrease the flow of funds in economy, financial inclusion plays a very vital role and for thisreason in 2013 RBI constituted a committee headed by Dr. Nachiket Mor to study about thecomprehensive financial services for small businesses and low income households and resultis known to every…1. What is the primary social function of the financial system? a. To direct financial capital to its highest and best use b. To maximize shareholder returns c. To maintain a steady stream of financial innovations d. To find unexploited profit opportunities 2. What is the primary challenge of a barter economy? Successful transactions require transporting and distributing goods from one location to another b. Successful transactions require consumers to gather information on a variety of goods and services and pick a combination that maximizes consumer utility c. Successful transactions require producers to manage a complex set of inputs d. Successful transactions require the realization of a double coincidence of wants 3. Technically, money is a. The base good for which all other goods and services are traded b. The commodity of greatest value in a society c. Always a fiat currency d. The object of production: (A) Explain primary and secondary functions of Commercial Banks? (B) Discuss in detail, how commercial banks employ their funds to earn profit? (800 words)
- 5. On March 1, Bank extends a line of credit to Farmer. Farmer grants Bank a security interest in all "equipment and farm products, now owned or hereafter acquired." Bank properly files a financing statement on March 10, with the financing statement containing after-acquired language. 3 On October 1, Farmer approaches FinanceCo to request a loan for the purchase of a combine. FinanceCo agrees to make the loan and disburses the funds for the purchase directly to the equipment dealer. Farmer signs a security agreement granting FinanceCo a security interest in the combine. Farmer takes delivery of the combine on November 1. On November 26, FinanceCo properly files a financing statement describing the combine by brand, model, and serial number. Farmer subsequently defaults on his obligations to Bank and FinanceCo. Who has priority in the combine? 6. Assume similar facts as above, but that instead of filing a financing statement on November 26 FinanceCo files its financing statement on…Question 141 poin Case: AL-Rajhi Bank is one of the largest banks in Saudi Arabia, with over 60 years of experience in banking and trading activities. The barestablished presence in KSA through a wide network of more than 511 branches, 4, 603 ATMs, and over 585,000 points of sale with merchantsbank with the largest customer base in the country. IF AL-Rajhi Bank wants to improve customer engagement through mobile apps, what strait consider? A Reducing app updates B. Developing a basic app with minimal features C. Making the app available on a single platform D. Creating an engaging mobile app with exclusive contentWhat are a banks assets? What are its liabilities?