Question One

a. Discuss the role of universal banks to the economy of Ghana (12 marks)

b. Assess the role the Bank of Ghana plays in (a) above. (8 marks)

Question Two

a. Explain the various forms that the banker-customer relation may take. relationship which

exists between the banker and its customers. (14 marks)

b. Discuss the view that The respective rights and obligations of the banker and its customer

are not symmetrical under the debtor-creditor relationship. (6 marks)

Question Three

a) Give account of two (2) notables cases of money laundering in Ghana bringing out the

three main stages involved in the ML process (ML). (9 marks)

b) Justify the need for Anti-Money Laundering (ALM) in Ghana