19- in turkey which of the following financial intermediaries are depositary institutions Please select one; a) a participatory bank b) a commercial bank c) an investment bank d) only a and b of the above e) only a and c of the above
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- 17. Which of the following is not an asset of a bank?a.business depositsb.consumer loansc.deposits in other banksd.government securitiese.All of the above are bank assets. 18. Unlike the United States, many countries grant their banks the authority fora.full merchant banking, including investment banking and ownership of companies to whichthey lend.b.deposit banking.c.forming bank holding companies.d.lending to foreign companies and countries.The ANZ Bank is an example of a: Select one: a. an Authorised Depository Institution. b. a Unit Trust c. a Finance Company d. a Contractual Savings Institution.4. Explain the practical aspects of Mudarba in Islamic Banks on Deposit and Investment?
- Requiring a foreign banks to operate under the same rules as domestic banks is termed?Which of the following is a negotiable written promise (by a bank) for a U.S. dollar deposit at a bank located outside the United States or in U.S. International Banking Facilities.? a.Certificate of Deposits b.Bankers acceptances c.Eurodollar CD d.Repurchase agreement24 Which of the following is NOT the main function of Bank Negara Malaysia (BNM)? Select one: It acts as banker and financial adviser to the government. It preserves internal position and value of the legal tender currency of the country. It promotes banking development in the country. It issue license to both local and foreign banks to open branches in the country. It appoint and terminate contract of central bank deputy governor
- Question: How come the Operation of islamic banking be run under the umbrella of state bank of pakistan Answer this ArgumentWhat is National Savings Certificate? A. Short-term U.S. government debt obligation B. A fixed - income investment scheme C. A financial product commonly sold by banks, thrift institutions, and credit unions D. An unsecured money market instrumentThe complete set of financial statements of an Islamic Bank should include A)Statement of cash flows B)Statement of changes in unrestricted investment C)Statement of sources and uses of deposit funds D)All of the above
- Which of the following holds deposits, makes loans and provides other financial services to member-owned organizations? a. Central Bank of Oman b. Mutual Funds c. Commercial Banks d. Cooperative Banks16- Banks advise their clients relating to investment decisions as specialists. Which function and service of banks are referred to? a. Discounting of Bills of Exchange b. Miscellaneous Functions of the banks c. Agency Functions d. Investment of Funds1) Introduction of Global Bodies for Islamic banking in three lines for each. 1. AAOIFI 2. IFSB 3. IIRA 4. CIBAFI 2) Detailed introduction of AAOIFI which must contain a. brief Introduction and history b. Responsibilities and in how many sectors it functions? c. Types of standards AAOIFI makes for Islamic banking standards.