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The main way for banks to finance the Government is?

Select one:

a. Offer them Islamic Murabahah financing

b. Offer the government an overdraft

c. Buy the government bonds

d. Offer the government trade financing

Question 22

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Which of the following is a front office function in a bank?

Select one:

a. Cashier

b. Credit administrator

c. Legal counsel

d. Financial controller

Question 23

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Which of the following is used to describe money that is in your pocket, your saving account, and your checking (current) account?

Select one:

A. M2

B. Fiat money

C. Specie money

D. M1

Question 24

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When deciding the tenure of financing, lender must consider the ___________________________.

Select one:

a. Estimated cost of the assets to be financed

b. Economy life span of assets to be financed

c. Quality of the operating cycle

d. Risk aspect of the loan and needs aspect of borrower

Question 25

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Which of the following is NOT one of the three main components of portfolio management?

Select one:

a. Diversification

b. Review and rebalance

c. Asset and liability allocation

d. Audit and compliance