Question: Q1. Write a detailed note on the banking system and its functioning in Oman. Q2. What are the main sources of revenue of banks? Explain

Q1. Write a detailed note on the banking system and its functioning in Oman.

Q2. What are the main sources of revenue of banks? Explain how banks are able to generate their revenues Through other sources.

Q3. " Insurance companies are the risk takers". Justify this statement with your explanation and/or with your Examples.

Q4. What are the journal entries that you pass for unexpired discounts in different situations

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