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Question - 2-A (6 marks) Calculate CRR & SLR of a Bank based on given below deposit position expressed in billion. Total deposits of bank
Question - 2-A (6 marks) Calculate CRR & SLR of a Bank based on given below deposit position expressed in billion. Total deposits of bank is Rs. 192.350 Saving deposits 119.328, current deposits - 39.287, 3 months - 7.851 6 months - 9.458, 12 months 11.783, 24 months - 4.643 Question -2- B (7 marks) Calculate Markup @ 14.5 % per annum to be recovered from following Running finance facility extended to borrower for April 2021,.Limit approved is Rs. 2.0 million Date Dr Cr Balance 1-04-21 975,000 975,000 6-04-21 413,000 12-04-21 65,000 16-04-21 589,000 21-04-21 434,000 24-04-21 187,000 27-04-21 367,000 30-04-21 695,000 Question No.2...C (7marks) A demand finance limit of Rs.900,000/- has been disbursed to borrower for period of one year(01.7.20 to 30-6-21) at Markup Rate of 15% per annum. It has been agreed that borrower will repay entire loan on bimonthly (after every two months) equal installment basis. Prepare repayment schedule for this finance
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