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10 of PART II. CASE STUDY (15 Marks) Time left 1.5 Direction: Answer the following questions. The main difference between other financial institutions and banks
10 of PART II. CASE STUDY (15 Marks) Time left 1.5 Direction: Answer the following questions. The main difference between other financial institutions and banks is that other financial institutions cannot accept deposits into savings and demand deposit accounts, while the same is the core business for banks. Use your knowledge to explain the following financial institutions: 1. Insurance company (5 marks) 2. Investment Bank (5 marks) 3. Central Bank (5 marks) 5 points Demonstrate an outstanding knowledge of the material, Provide detailed/clear explanation of the answer and all questions in complete sentences 4 points Demonstrate an above average knowledge of the material, Provide an explanation of the answer and most of the questions in complete sentences 3 points Demonstrate several basic idea of the material, Provide a vague explanation and Answer some of the questions in complete sentences 2 points Demonstrate some basic idea of the material, Provide a indistinct s points Demonstrate an outstanding knowledge of the material, Provide detailed/clear explanation of the answer and all questions in complete sentences 4 points Demonstrate an above average knowledge of the material, Provide an explanation of the answer and most of the questions in complete sentences 3 points Demonstrate several basic idea of the material, Provide a vague explanation and Answer some of the questions in complete sentences 2 points Demonstrate some basic idea of the material, Provide a indistinct explanation and Answer a little of the questions in complete sentences 1 point Demonstrate only a clue, Use the slightest references to the text and Have something down on paper that resembles words 6 point Wrong, Incomplete sentences and makes NO sense
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