- 20 Marks
BORMPTM – APRIL 2023 – L3 – Q4 – Bank Balance Sheet Items, Digital Payment Channels, Products
Identify and explain five items each on assets and liabilities sides of a bank's balance sheet; explain five benefits and challenges of digital payment channels in Ghana; mention five products driving digital payments.
Question
a) Identify and explain five (5) items each contained on the assets and liabilities sides of a bank’s balance sheet.
[5 marks]
b) Digital channels of payment in Ghana are gradually replacing the cash-based methods of payment. Explain five (5) benefits and challenges of the digital channels of payment.
[10 marks]
c) Mention five (5) products that support and drive the digital channels of payment in Ghana.
[5 marks]
[Total: 20 marks]
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