institutions that will play a role in its development (10 marks) Question 2 Major Central Banks all over the world have plans to digitise their currency. People Bank of China (PBOC) has been developing the digital yuan, to replace some of the cash in circulation, started trials in a number of cities and plans to use it for the Beijing winter Olympics. Discuss the rationale and advantages for PBOC to introduce the digital yuan. (25 marks) Question 3 (a) Sovereign wealth funds (SWF) are an important participant in financial markets. Appraise You must answer ALL questions. (Total 100 marks) Question 1 "Singapore's Grab to List in U.S. in $40 Billion SPAC Deal - Bloomberg 13th April 2021" Illustrate and contrast the traditional IPO process and institutions involved versus the process and the various institutions involved in this transaction. (15 marks) (b) Analyse the steps that can be taken to promote similar activities in Singapore along with the financial institutions that will play a role in its development? (10 marks) Question 2 Major Central Banks all over the world have plans to digitise their currency. People Bank of China (PBOC) has been developing the digital yuan, to replace some of the cash in circulation, started trials in a number of cities and plans to use it for the Beijing winter Olympics. Discuss the rationale and advantages for PBOC to introduce the digital yuan. Question 3 (a) (25 marks) Sovereign wealth funds (SWF) are an important participant in financial markets. Appraise their role in the financial markets. SINGAPORE UNIVERSITY OF SOCIAL SCIENCES (SUSS) (15 marks) Page 2 of 3