Question: (please answer only when you are confident that the answer is correct) Question 1 (a) Briefly explain THREE (3) forms of e-money with examples, and

(please answer only when you are confident that the answer is correct)

Question 1 (a) Briefly explain THREE (3) forms of e-money with examples, and discuss THREE (3) advantages of using e-money. (15 marks) (b) Explain any FIVE (5) parts of financial system. (10 marks) (Total: 25 marks)

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