Question Tag: Differences

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MRB – OCT 2022 – L4 – Q5 – Differences Between Banks and Specialized Deposit-Taking Institutions

List and explain five areas of differences between Banks and Specialized Deposit-Taking Institutions under Act 930.

How different are Banks from the Specialized Deposit-Taking Institutions according to the Act, 2016 (Act 930)?

List and explain five (5) areas of differences that exist between the two categories of financial intermediation.

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ITF – APR 2023 – L3 – Q6 – Export Factoring vs Invoice Discounting

Define export factoring and state 8 differences between factoring and invoice discounting.

a. What is Export Factoring? [4 marks]

b. State 8 differences between factoring and invoice discounting. [16 marks]

[Total – 20 marks]

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EOB – APR 2023 – L1 – Q3 – Differences Between Bank of Ghana and Universal Banks

Discuss five differences between the Bank of Ghana and a universal bank

State and discuss any five salient differences between the Bank of Ghana and any other Universal bank.

(20 marks)

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EOB – APR 2024 – L1 – Q7 – Laws Related to Banking and Differences Between Banks and Microfinance Institutions

State four other laws related to the banking system; identify and explain four differences between a bank and a microfinance institution

a. The Banks and Specialized Deposit Taking Institutions Act (Act 90) defines “banking law” as an enactment related to the banking system. State any other four (4) laws (Acts of Parliament) that are related to the Banking System in Ghana. (4 marks)

b. Banks and Micro Finance Institutions are all players in the Banking Industry with similarities and differences. Identify and explain any four (4) differences between a Bank and a Micro Finance Institution. (16 marks)

(Total: 20 marks)

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PBL – APR 2016 – L1 – Q5 – Private vs Public Limited Liability Companies and Conversion

Differences between a private limited liability company and a public limited liability company, and the process for converting a private company to a public one.

(a) State the difference between a Private Limited Liability Company and a Public Limited Liability Company                                          (b) Briefly describe how a Private Limited Liability company may be converted into a Public Limited Liability Company.

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BL – May 2015 – L1 – SB – Q2a – Company Law | Partnership Law

Explain three key differences between a partnership and a company.

A partnership and a company are similar in some respects, but they are different in many ways.
Required:
Explain any THREE differences between a partnership and a company. (6 Marks)

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PSAF – Nov 2018 – L2 – Q1c – The context of public financial management

Explain four reasons why the differences between public and private sector objectives are important.

One main difference between public sector and private sector entities is that their objectives are different. The objective of a public sector entity is to deliver public goods and services to all citizens in order to maximize their welfare. However, the principal objective of a private sector entity is to make a profit on the goods and services they produce and sell in the market.

Required:
Explain FOUR (4) reasons why these differences are important.

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MRB – OCT 2022 – L4 – Q5 – Differences Between Banks and Specialized Deposit-Taking Institutions

List and explain five areas of differences between Banks and Specialized Deposit-Taking Institutions under Act 930.

How different are Banks from the Specialized Deposit-Taking Institutions according to the Act, 2016 (Act 930)?

List and explain five (5) areas of differences that exist between the two categories of financial intermediation.

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ITF – APR 2023 – L3 – Q6 – Export Factoring vs Invoice Discounting

Define export factoring and state 8 differences between factoring and invoice discounting.

a. What is Export Factoring? [4 marks]

b. State 8 differences between factoring and invoice discounting. [16 marks]

[Total – 20 marks]

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EOB – APR 2023 – L1 – Q3 – Differences Between Bank of Ghana and Universal Banks

Discuss five differences between the Bank of Ghana and a universal bank

State and discuss any five salient differences between the Bank of Ghana and any other Universal bank.

(20 marks)

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EOB – APR 2024 – L1 – Q7 – Laws Related to Banking and Differences Between Banks and Microfinance Institutions

State four other laws related to the banking system; identify and explain four differences between a bank and a microfinance institution

a. The Banks and Specialized Deposit Taking Institutions Act (Act 90) defines “banking law” as an enactment related to the banking system. State any other four (4) laws (Acts of Parliament) that are related to the Banking System in Ghana. (4 marks)

b. Banks and Micro Finance Institutions are all players in the Banking Industry with similarities and differences. Identify and explain any four (4) differences between a Bank and a Micro Finance Institution. (16 marks)

(Total: 20 marks)

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PBL – APR 2016 – L1 – Q5 – Private vs Public Limited Liability Companies and Conversion

Differences between a private limited liability company and a public limited liability company, and the process for converting a private company to a public one.

(a) State the difference between a Private Limited Liability Company and a Public Limited Liability Company                                          (b) Briefly describe how a Private Limited Liability company may be converted into a Public Limited Liability Company.

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BL – May 2015 – L1 – SB – Q2a – Company Law | Partnership Law

Explain three key differences between a partnership and a company.

A partnership and a company are similar in some respects, but they are different in many ways.
Required:
Explain any THREE differences between a partnership and a company. (6 Marks)

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PSAF – Nov 2018 – L2 – Q1c – The context of public financial management

Explain four reasons why the differences between public and private sector objectives are important.

One main difference between public sector and private sector entities is that their objectives are different. The objective of a public sector entity is to deliver public goods and services to all citizens in order to maximize their welfare. However, the principal objective of a private sector entity is to make a profit on the goods and services they produce and sell in the market.

Required:
Explain FOUR (4) reasons why these differences are important.

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