Finance Answers

Explain using suitable examples how covid_19 has changed the risks dynamics of the global economy and give the lessons learnt for the banking sector( 10 marks) 

Four sampling strategies have been proposed to help a bank determine whether customers favour opening on Saturdays versus keeping branches open longer during the week. For each, discuss what kind of sampling strategy is involved and what (if any) biases might result.

(a) sponsor a commercial during a TV program, asking people to dial one of two numbers to indicate which option they prefer.

(b) hold a meeting at each branch and tally the opinions expressed by those who attend the meeting.

(c) randomly select one day at each branch and contact every customer who visits the branch that day.

(d) go through the banks customer records, selecting every 100th customer. Hire a survey research company to interview the people chosen.

a bond is a type of investment where the investor (bond holder) lends money to the borrower (the issuer). An issuer sells bonds to raise funds and agrees to pay the bond holder an agreed interest rate at fixed intervals throughout the life of the bond. Interest payments for the bond are referred to as coupons. Bond terms normally range from 2 years to 30 years. At the end of the term, the issuer pays the full amount invested back to the bondholder. In addition, the issuer appoints an agent or a registrar of bonds to handle the issuing of bonds on their behalf. (RBF, 2020) With reference to what bonds are discuss the foll Required: a. Financial institutions such as insurance companies and pension funds commonly purchase bonds. Explain the flow of funds that runs through these financial institutions and ultimately reaches corporations that issue bonds. (5 marks)

Following emoluments are received by Ms Sangeeta during the previous year ended on 31.3.2021

Basic salary 250000 Dearness Allowance 10000 Commission 2500 Entertainment allowance 2000 Medical expenses reimbursed 25000 Professional taxes paid 2000(Rs1000 paid by employer) Ms. Sangeeta contributes Rs 2000 towards the Recognized Provident Fund She has no other income. Compute the income from salary for A.Y 2021-22, and give reasons and explanations wherever required, If Ms. Sangeeta is a Government employee

provide a critical analysis and discussion on how the covid-19 has affected the strategy of banks

Nihal is borrowing Rs. 50,000 to buy ABC assets. If he pays equal installments for 25

years and 4% interest on the outstanding balance, what is the amount of installment?

What shall be the amount of installment if quarterly payments are required to be made?

Four sampling strategies have been proposed to help a bank determine whether customers favour opening on Saturdays versus keeping branches open longer during the week. For each, discuss what kind of sampling strategy is involved and what (if any) biases might result.

(a) sponsor a commercial during a TV program, asking people to dial one of two phone numbers to indicate which option they prefer.

(b) Hold a meeting at each branch and tally the opinions expressed by those who attend the meetings.

(c) Randomly select one day at each branch and contact every customer who visits the branch that day.

(d) Go through the bank's customer records, selecting every 100th customer. Hire a survey research company to interview the people chosen.

Nihal is borrowing Rs. 50,000 to buy ABC assets. If he pays equal installments for 25

years and 4% interest on the outstanding balance, what is the amount of installment?

What shall be the amount of installment if quarterly payments are required to be made?

What strategy can a bank use to hold a meeting at each branch and tally the opinions expressed by those who attend the meetings concerning opening the bank on Saturday or keeping the branches longer during the week

What sampling strategies can a bank use to sponsor a commercial during a TV program, asking people to dial one of two phone numbers to indicate which option they prefer opening a bank on Saturday or longer during the week?