BNK603 – MF-2010

BNK603 – MF-2010

Which of the following statements best explains the systems thinking approach?

It is a conceptual framework that facilitates the appreciation of the patterns of the complete system

It is an exploring question about issues which are not clearly defined and having no precise answers

It is an arrangement of parts which interact with each other within it's boundaries to function as a whole

It is involvement of the principles and empirical processes of discovery and demonstration of features

What is a bank operating model?

It is a document that describes bank's current status

It is a generalized view of data representing the real world

It is a summary of how the bank operates

It is a description of the structure of data elements

What does the abbreviation NEDs stands for?

National Endowment for Dictatorship

Niagara Elevation Dataset

NorwayEquine Database

Non-Executive Directors

Which of the following is NOT a component of a profit booster?

Increasing returns

Competitor lock-out

Strategic economies

Strategic rigidity

All of the following are the deficiencies encountered in retail banking, with respect to technology, EXCEPT:

Lack of convergence amongst available channels

Presence of customer profiling and connectivity

Lack of proper decision support systems

Concept of branch customer as against bank customer

What does the abbreviation CAAML stands for?

Canadian Avalanche Association Markup Limited

Chinese Agents Asset Management Limited

Client Acceptance and Anti-Money Laundering Policy

CanberraAssociation for Mediated Learning

What is personal loan?

A loan from a lender that is not secured by any property

A loan that is not sponsored by the federal government

A loan that provide funding when other financial aid does not cover costs

A loan that originate outside of the bank and usually require a separate application

Which of the following factors is responsible for steady growth in personal deposits?

Record outflows of withdrawals

Record outflows of remittances

Record inflows of withdrawals

Record inflows of remittances

All of the following are the categories of risk for financial service, EXCEPT:

Operational

Technological

New products

Competitive

All of the following are the categories of risk for human resource, EXCEPT:

Defalcation

Organizational

Technological

Compensation

Banks can generate more value from existing customer in all of the following ways, EXCEPT:

Prices

Expanding product lines

Increasing share of wallet

Increasing profits

Which of the following is not the Three D described in the Net Promoter Score?

Design

Deliver

Develop capabilities

Deploy

What does the upper left box represent in the Net Promoter Score?

False profits

Unhappy and unprofitable

Happy but thrifty

Ambivalent

As developing economies grow, why demand for ordinary non-life insurance is growing rapidly?

·         Because insurance awareness and the rapid acquisition of new assets drive demand to protect both cash flow and lifestyle from unexpected events

·         Because insurance oblivion and the rapid dumping of new assets drive demand to protect both cash flow and lifestyle from unexpected events

·         Because insurance oblivion and the rapid dumping of new assets drive demand to protect both cash flow and lifestyle from expected events

·         Because insurance awareness and the rapid acquisition of old assets drive supply to protect both profits and lifestyle from expected events

What the banks should do to take advantage of the opportunity to create profitable consumer-finance business?

They must contract new business models and find ways to team up with old partners

They must develop new financial models and find ways to team up with new employees

They must develop new business models and find ways to team up with new partners

They must contract old financial models and find ways to team up with old employees

Who says that “people use to say’ save now buy later’. Now it’s all about affordable indulgence”?

Chanda Kochhar

Rajiv Jamkhedkar

Jamkhedkar

Schroders

Which of the following will occur if the BOP penalties are eliminated?

Increase passive income for the BOP

Increase effective income for the BOP

Increase earned income for the BOP

Increase portfolio income for the BOP

In which of the following ways would the analysis of base of the economic pyramid markets help governments?

Identifying business opportunities

Focusing on reforms needed in the business setting

Developing products and services

Diminishing investments and returns

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What is the purpose of developing the Code of Consumer Banking Practice for retail banking?        3

BOP is characterized not only by low income but also by several other shared characteristics. What are these characteristics?          3

What are the constraints of personal financing/loans?      5

Explain any five actions you can take to deliver the Three D’s to your customer.         5

Explain the adaptive IT architecture with the help of an example.          5

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ACC501 – MF-2010

ACC501 – MF-2010

The value of net working capital will be equal to zero when:

Current Assets > Current Liabilities

Current Assets < Current Liabilities

Current Assets = Current Liabilities

None of the given options

Selected information from AST Company's accounting records is as follows:

o   Cash paid to retired common shares Rs. 12,000

o   Proceeds from issuance of preferred shares Rs. 15,000

o   Cash dividends paid Rs. 5,000

o   Proceeds from sale of equipment Rs. 15,000

On its cash flow statement for the year, AST Company should report net cash flow from investing activities as:

Rs. 3,000 net cash inflow

Rs. 8,000 net cash outflow

Rs. 15,000 net cash inflow

Rs. 25,000 net cash inflow

What would happen to current ratio if a firm sells some merchandise at a price greater than cost?

It would rise

It would fall

It would first rise then fall

It would remain unaffected

Malik Inc. has Rs. 200,000 shares of stock outstanding. The firm has an EBIT of Rs. 1 million and interest paid of Rs. 100,000. The tax rate is 34%. What is the Malik’s earning per share?

Rs. 1.65

Rs. 2.97

Rs. 3.30

Rs. 5.00

ROE = ____________________

ROA x Equity Multiplier

ROA x ( 1 + Debt-Equity Ratio)

Profit Margin x Total Assets Turnover x Equity Multiplier

All of the given options

Rule of 72 tells that how long it will take to get our investment __________.

Halved

Doubled

Tripled

Zero

How many Rs. 50 annual payments must be invested at 10% to accumulate Rs. 6,710.50?

14

28

56

7

Which one of the following terms refers to the use of debt financing?

Operating Leverage

Financial Leverage

Manufacturing Leverage

None of the given options

You own a bond that promises to pay the holder Rs. 100 annually forever. You plan to sell the bond three years from now. If similar investments yield 6 percent at that time, what will be the worth of bond?

Rs. 1,789.42

Rs. 1,958.20

Rs. 1,333.34

Rs. 1,666.67

When the market's required rate of return for a particular bond is much less than its coupon rate, the bond is selling at:

Premium

Discount

Par

Cannot be determined without more information

Which of the following refers to that part of the indenture or loan agreement that limits certain actions a company might wish to take during the term of the loan?

Repayment

Seniority

Call provision

Protective covenants

Treasury notes and bonds are examples of which of the following types of bonds?

Government bonds

Zero coupon bonds

Floating-rate bonds

Euro bonds

Which of the following bonds can be swapped for a fixed number of shares at anytime before maturity at the holder’s option?

Income bonds

Convertible bonds

Put bonds

Euro bonds

Which of the following is(are) the component(s) of nominal rate according to Fisher’s Effect?

Real rate on investment

Compensation for the decrease in value of original investment because of inflation

Compensation for the decrease in value of income earned on investment due to inflation

All of the given options

Which of the following issue is NOT covered by the “Investment” area of finance?

Best mixture of financial investment

International aspects of corporate finance

Associated risks and rewards

Pricing financial assets

Which of the following is NOT dealt by a treasurer under the head of a CFO?

Cash Management

Capital Expenditure

Financial Planning

Tax Management

Which of the following is NOT dealt by a controller under the head of a CFO?

Tax Management

Data Processing

Credit Management

Financial Accounting

A company has a current ratio of 1.31 times. From this information, we can say:

The company has more current assets than current liabilities

The company has a Rs. 1.31 in current assets for every Rs. 1 in current liabilities

The company has its current liabilities covered 1.31 times over its current assets

All of the given options

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Mr. Nadeem will begin to receive cash flows of Rs. 250 per year three years from now. These cash flows will continue forever. If the discount rate is 8 percent, what is the present value?          3

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What are the basic three determinants of term structure?                                       3

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A company has a total debt ratio of 0.70. What is its debt-equity ratio? What is its equity multiplier?            5

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What are the external and internal uses of financial statements information?                                        5

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What do you mean by protective covenant? Describe its classifications with examples.                         5

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Fundamentals of Network Security

Contents Overview
Chapter 1 reviews the importance of network security and presents some relevant background
and history. It also introduces some basic terminology that is used throughout the book to
define network, information, and computer security.
Chapter 2 focuses on threats, vulnerabilities, and various types of attacks and hacks. It also
identifies useful sources of information on network and computer hacking.
Chapter 3 discusses encryption and its practical application. In addition, it details the various
types of ciphers and their application. Chapter 3 also introduces digital signatures, digital
certificates, and the concept of a public key infrastructure.
Chapter 4, an overview of the Kerberos security scheme, illustrates the basic technique that
Kerberos employs to provide network security. It also compares the Kerberos scheme to a
public key infrastructure.
Chapter 5 introduces the secure sockets layer (SSL) protocol and illustrates how some of the
cipher systems introduced in Chapter 3 are employed with Microsoft Internet Explorer and
Netscape Navigator. Next, Chapter 6 discusses security issues associated with sending,
receiving, authenticating, and storing e-mail. Furthermore, Chapter 6 reviews the various
secure e-mail protocols and different applications of encryption with e-mail and discusses the
concept of e-mail as a weapon.
Chapter 7 covers general operating system security guidelines and introduces concepts that
are common or applicable to most operating systems, including password guidelines and
access controls. In addition, it reviews some of the techniques used to break passwords and
ways to counter these techniques. Chapter 7 also reviews issues associated with modems and
introduces some useful tools that can be employed to make a system more secure.
Chapter 8 covers general LAN security guidelines and introduces the concepts of policybased
network management, honeypot systems, segmentation of LAN traffic, and security
issues associated with the use of dynamic host configuration protocol (DHCP). Chapter 9
introduces security issues associated with the various physical media that can be employed for
a LAN installation. It also discusses security issues to consider when installing cable and
when selecting WAN circuits, media, and protocols. In addition, Chapter 9 describes frame
relay, xDSL, wireless local area network (LAN) and wide area network (WAN) media, and
different types of circuits.
Chapter 10 examines router security issues and introduces the Cisco Internetworking
Operating System. It also discusses the simple network management protocol (SNMP) and
some of the risks that are inherent in using this protocol.
Chapter 11 explains the functioning of virtual private networks (VPNs) and the considerations
that must be addressed before implementing a VPN. Chapter 11 also surveys the various
protocols now in use and presents an example of a low-cost VPN implementation.
Chapter 12 introduces the concept of a firewall and explains how it functions. In addition, it
discusses the pros and cons of firewalls and the various types of firewalls and their
implementation. It also discusses some of the freeware firewalls and personal firewalls that
are available to download.
Chapter 13 covers the benefits and drawbacks of biometric identification and authentication
systems. In addition, it discusses the different biometric techniques employed and issues that
must be considered before deploying a biometric system.
Chapter 14 provides a detailed discussion of the development, format, content,
implementation, and enforcement of corporate network security policies and procedures.
Chapter 14 also provides some general recommendations for policies and procedures.
Chapter 15 focuses on the role that network and system auditing and monitoring plays in a
multitiered approach to network security. In addition, it discusses traditional audits,
automated auditing tools, and developments in the area of intrusion detection systems.
Chapter 16 discusses the need for organizations to develop adequate plans to respond to a
disaster or computer security incident. In addition, it describes disaster recovery planning and
presents a case study. Chapter 16 also covers computer incident response planning and
provides some general guidelines. It also lists sources of information for response planning.
Chapter 17 identifies specific risks associated with browser cookie and cache files. In
addition, it discusses the risks associated with Internet Explorer's AutoComplete function.