Question TWO a. "The issue of high interest rates in Ghana has been great concern to various stakeholders.' Discuss the above statement within the context lending rates charged by universal banks. (10 marks) b. Show how the underlisted influence the lending (interest rates of universal banks in Ghana i. Monetary Policy Committee (5 marks) ii. Ghana Reference Rate (GRR) (5 marks) Question Three It is a criminal offence to issue a dud cheque in Ghana. a. On the basis of your knowledge in finance and banking, describe briefly the main reason for the criminalisation of the act of issuing dud cheques. (3 marks) Page 2 of 3 FINC 405 Examiner: George Baah-Danquah b. What are the general obligations of universal banks in handling of dud cheques? (8 marks) c. Discuss the sanctions associated with issue of dud cheques. (9 marks) Question TWO a. "The issue of high interest rates in Ghana has been great concern to various stakeholders.' Discuss the above statement within the context lending rates charged by universal banks. (10 marks) b. Show how the underlisted influence the lending (interest rates of universal banks in Ghana i. Monetary Policy Committee (5 marks) ii. Ghana Reference Rate (GRR) (5 marks) Question Three It is a criminal offence to issue a dud cheque in Ghana. a. On the basis of your knowledge in finance and banking, describe briefly the main reason for the criminalisation of the act of issuing dud cheques. (3 marks) Page 2 of 3 FINC 405 Examiner: George Baah-Danquah b. What are the general obligations of universal banks in handling of dud cheques? (8 marks) c. Discuss the sanctions associated with issue of dud cheques. (9 marks)