Banks and other Financial Institutions

EIB – JUL 2020 – L1 – Q6 – Banking Technology and Institutions

Effects of technology on bank transactions, ATM advantages, sources of funds, institutions promoting growth, and factors for universal banking.

Question

a. Name the effect of the modern technological advancementa on bank transactions.

b. Stete two advantages provided to the banks by the Automatic Tellcr Machine ( ATM )

c. What are the primary sourccs of bank funds?

d. Which institutions provide scrvices which directly promote economic growth?

e. What factor has forced the banks to adopt universal banking?

Answer

Find Related Questions by Tags, levels, etc.

Tags: ATM advantages, bank funds sources, growth-promoting institutions, technology in banking, universal banking factors
Level: Level 1

Topic: Banks and other Financial Institutions
Series: JULY 2020

EIB – OCT 2022 – L1 – Q6 – Banking Functions and Reserves

Functions of banks, effects of rate changes, non-bank roles, and reserve calculations.

Question

(a) Mention any four traditional functions of a commercial bank. (4 marks)

(b) Mention any two effects of a bank rate changes. (4 marks(c) What are the main functions

(d(d) A commercial bank has reserves totaling GHC 40000 and debt liabilities of GHC 100,000. If the reserve requirement is $

i) Calculate the bank’s cash ratio. (4 marks)

ii) How much is the bank required to hold in reserve? (4 marks (Total marks:20)

Answer

Find Related Questions by Tags, levels, etc.

Tags: bank rate effects, Cash Ratio, commercial bank functions, non-bank institutions, Reserves
Level: Level 1

Topic: Banks and other Financial Institutions
Series: OCT 2022

EIB – JUL 2020 – L1 – Q6 – Banking Technology and Institutions

Effects of technology on bank transactions, ATM advantages, sources of funds, institutions promoting growth, and factors for universal banking.

Question

a. Name the effect of the modern technological advancementa on bank transactions.

b. Stete two advantages provided to the banks by the Automatic Tellcr Machine ( ATM )

c. What are the primary sourccs of bank funds?

d. Which institutions provide scrvices which directly promote economic growth?

e. What factor has forced the banks to adopt universal banking?

Answer

Find Related Questions by Tags, levels, etc.

Tags: ATM advantages, bank funds sources, growth-promoting institutions, technology in banking, universal banking factors
Level: Level 1

Topic: Banks and other Financial Institutions
Series: JULY 2020

EIB – OCT 2022 – L1 – Q6 – Banking Functions and Reserves

Functions of banks, effects of rate changes, non-bank roles, and reserve calculations.

Question

(a) Mention any four traditional functions of a commercial bank. (4 marks)

(b) Mention any two effects of a bank rate changes. (4 marks(c) What are the main functions

(d(d) A commercial bank has reserves totaling GHC 40000 and debt liabilities of GHC 100,000. If the reserve requirement is $

i) Calculate the bank’s cash ratio. (4 marks)

ii) How much is the bank required to hold in reserve? (4 marks (Total marks:20)

Answer

Find Related Questions by Tags, levels, etc.

Tags: bank rate effects, Cash Ratio, commercial bank functions, non-bank institutions, Reserves
Level: Level 1

Topic: Banks and other Financial Institutions
Series: OCT 2022

Topic: Banks and other Financial Institutions

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

EIB – JUL 2020 – L1 – Q6 – Banking Technology and Institutions

Effects of technology on bank transactions, ATM advantages, sources of funds, institutions promoting growth, and factors for universal banking.

EIB – OCT 2022 – L1 – Q6 – Banking Functions and Reserves

Functions of banks, effects of rate changes, non-bank roles, and reserve calculations.

EIB – JUL 2020 – L1 – Q6 – Banking Technology and Institutions

Effects of technology on bank transactions, ATM advantages, sources of funds, institutions promoting growth, and factors for universal banking.

EIB – OCT 2022 – L1 – Q6 – Banking Functions and Reserves

Functions of banks, effects of rate changes, non-bank roles, and reserve calculations.

Our offerings

Community

Contact Info

Customer

Get In Touch

Topic: Banks and other Financial Institutions

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

EIB – JUL 2020 – L1 – Q6 – Banking Technology and Institutions

Effects of technology on bank transactions, ATM advantages, sources of funds, institutions promoting growth, and factors for universal banking.

You're reporting an error for "EIB – JUL 2020 – L1 – Q6 – Banking Technology and Institutions"

EIB – OCT 2022 – L1 – Q6 – Banking Functions and Reserves

Functions of banks, effects of rate changes, non-bank roles, and reserve calculations.

You're reporting an error for "EIB – OCT 2022 – L1 – Q6 – Banking Functions and Reserves"

EIB – JUL 2020 – L1 – Q6 – Banking Technology and Institutions

Effects of technology on bank transactions, ATM advantages, sources of funds, institutions promoting growth, and factors for universal banking.

You're reporting an error for "EIB – JUL 2020 – L1 – Q6 – Banking Technology and Institutions"

EIB – OCT 2022 – L1 – Q6 – Banking Functions and Reserves

Functions of banks, effects of rate changes, non-bank roles, and reserve calculations.

You're reporting an error for "EIB – OCT 2022 – L1 – Q6 – Banking Functions and Reserves"

Our offerings

Community

Contact Info

Customer

Get In Touch

admin

Pick a Form