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SECTION A SHORT ANSWER TYPE QUESTION. [ 2 5 MARKS ] Answer ALL questions in this section. 1 . Compare the role of mutual funds

SECTION A SHORT ANSWER TYPE QUESTION. [25 MARKS] Answer ALL questions in this section. 1. Compare the role of mutual funds with that of commercial banks as financial intermediaries. (5 marks) 2. Briefly describe the role of derivative securities and discuss their potential impact on market stability and systemic risk. (5 marks) 3. Differentiate between aggressive and conservative funding strategies and identify the situations in which each strategy is considered appropriate. (5 marks) 4. Assess the suitability of Just in Time management as a quality enhancement tool in the services industry. (5 marks) 5. Describe two ways of dealing with uncertainty in cash budgeting. (5 marks)

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