ALL QUESTIONS CARRY EQUAL MARKS Question One a. Explain the term Cheque Endorsement, and the conditions necessary for an endorsement of a cheque to be effective. (8 marks) b. Explain and illustrate the various forms by which cheques are endorsed (12 marks) Question Two a. "The issue of high interest rates in Ghana has been of great concern to various stakeholders.' Discuss the above statement. (10 marks) b. Show how the underlisted influence the interest rates in Ghana i. Monetary Policy Committee (6 marks) ii. Ghana Reference Rate (GRR) (4 marks) Question Three The table below illustrates the trend in Non-Performing Loans (%) Mar 2018 June 2018 Sept 2018 Dec 2018 Mar 2019 22.58 22.56 20.03 18.19 18.76 June 2019 18.05 a. Explain the following banking terminologies related to credit. i. "Sticky Credit" (2.5 marks) ii. Non-performing loans (NPL) (2.5 marks) b. Show how the under-listed systems and structure expected to impact loan collections and recoveries. i. Collateral Registry (5 marks) Credit Rating (5 marks) Credit Reference Bureaux (5 marks) Question Four The Coronavirus (COVID 19) Pandemic has re-emphasised the need to integrate operational risk issues into the strategic management of universal banks. a) What is a Business Continuity Plan (BCP)? (5 marks) b) Explain the relevance of business continuity planning in the operations of a universal bank. (5 marks) c) Explain the key components or elements of BCP that banks need to implement. (10 marks)