Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question No 1: Visit the website of any two banks of your choice (one Islamic and one conventional) to Compare and contrast any three products

Question No 1: Visit the website of any two banks of your choice (one Islamic and one conventional) to Compare and contrast any three products offered by a conventional bank and any three products offered by Islamic bank.

Question No 2: Bill Gates once said, "Banking is Necessary, Banks are Not". Discuss.

Question No 3:The ongoing pandemic of corona virus disease abbreviated as COVID-19 entered in Pakistan around

26thFebruary, 2020. With the passage of time, the disease led many people to death beds and the life became slower. The

economic activities in the whole world were almost stopped for months. Countries, including Pakistan closed everything to

avoid public gatherings. Educational institutes, business centers, Public transportations, Parks, Gyms and other social

gathering places were shut down for months. In this lockdown scenario, businesses shifted to the E-commerce module.

New race of selling through internet started and businessmen somehow managed their expected losses by shifting to

the new business modules. Educational institutes suffered a lot. They tried to complete the ongoing semester using

different applications and Learning management systems in order to minimize the threat of semester loss for the students.

The banking sector is backbone for a country. The current situation led the banking organizations to the slower pace. After somedays the banking sector started functioning adopting the SOPs provided by Govt..of Pakistan. But the situation in

banks is getting worst. The long ques, extended service time and other operational issues are arising in this sector.

The local administration have also stopped a few banks to operate due to noncompliance with the given SOPs. Keeping

in view the operational functions of these banks, what steps would you suggest to avoid the issues faced by banks due to

current situation? Provide logical answers. Highlight the issue and answer the measures you would take to address the

issue. Did you noticed any change in banking policy or banking trend due to COVID-19? If yes, Please elaborate that.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Corporate Finance

Authors: Lawrence J. Gitman, Sean M. Hennessey

2nd Canadian Edition

0321452933, 978-0321452931

More Books

Students also viewed these Finance questions

Question

Keep your head straight on your shoulders

Answered: 1 week ago

Question

Be straight in the back without blowing out the chest

Answered: 1 week ago

Question

Wear as little as possible

Answered: 1 week ago