1. Pipeline risk is the risk associated with originating mortgages. The two components of this risk are (a) Price risk and (b) Fallout risk. Explain briefly what Price risk and Fallout risk are.

2. What are monetary aggregates and what is the purpose of these aggregates.

3. Draw hypothetical demand-for-loanable-funds schedules for households, business and government. Briefly explain the shapes as drawn.

4. Explain the impact of money supply on interest rates.

5. Explain how government budget deficits of a country will impact on interest rates.

6. Briefly explain the Liquidity Premium Theory as used in explaining term structure of interest rates.

7. Explain briefly based on the pure expectations theory how the yield curve will shift if there should be a sudden expectation of rising interest rates.

8. A bank has more rate sensitive assets compared with rate sensitive liabilities. Explain what will happen to its net interest margin during a period of rising interest rates

9. Distinguish between direct and indirect finance.

10. What is off-balance sheet banking? Indicate some of the products of off-balance sheet banking in Ghana.

11. Using any banks financial summary for period of 5 years, calculate the net interest margin (NIM) for the various years and comment on the trends. Also calculate the return on equity and comment on the trends over the years.

12. Central Banks manage the money supply to achieve economic growth, high employment, price level stability, interest rate stability, exchange rate stability among others. Discuss why despite the above, developing countries are faced with problems of lack of growth, price level instability, high unemployment etc.

13. Enumerate and fully discuss the rationale for regulation of African financial markets.

14. The traditional fixed-rate, level-payment, fully amortized mortgage design suffers from the problems of (i) tilt and (ii) mismatch. Explain what these problems are and why they occur.

15. Discuss the impact of Globalization on the Ghanaian financial markets in the last decade or so.

16. Considerable innovations have occurred on the Ghanaian and other financial markets in the sub-region. Discuss why these innovations have occurred and how they have impacted on the development of the financial markets.

17. Discuss the justification for regulating financial markets around the world. Additionally, discuss how various regulations have brought stability to the Ghanaian financial market.

18. Discuss the economic rationale for financial intermediaries on the Ghanaian financial markets.

19. In a period of rising market interest rates, would you invest in short term bonds or long term bonds? Explain.

20. Briefly explain the difference between a defined contribution plan and a defined benefit plan as applied to pension funds.

21. An institution is said to have a negative gap. What does this mean? Explain what happens to such institution with changing market interest rates.

22. There have been considerable financial innovations on the Ghanaian financial market. Discuss four major reasons in your view why there have been such innovations on the Ghanaian market.

23. Governments regulate financial markets to prevent market failure. Discuss.

24. Discuss exhaustively four major roles played by financial intermediaries in the financial markets of Ghana.