Principles of Banking and Insurance MID

Daffodil International University Faculty of Business and Entrepreneurship Department of Business Administration Program: BBA Semester: Spring 25 Time: I Hour and 30 Minutes course Code: 0412-312 Section: All Part-A: Theoretical Part.... Answer all from the following questions Examination: Mid-term FullMarks 25 Course Title: Principles of Banking and Insurance Teacher's Name: SNR, LS, Samvar: ...Marks 15 Mrs. Parvip_ a famous entrepreneur applied for home loan of crore from Prime Bank Ltd. Summarize the principles that should be followed by the credit officer of prime Bank td to ensure sound and proper lending? (CLOI: Level 2) 2 3 you want to regularly save aside a portion of your earnings for the ftture: which account would you prefer? Compare basic characteristics of recurring deposit and savings deposit accounts (CLO 1, Level 2) Depending on the kind of transactions they engage inz the relationship between the banker and the customer changes-Do you agree? Explain your answer. Part-B: Mathematical Part.. (CLOI: Level 2) ..Marks: 10 1 _ From the following information construct a Balance sheet of ABC Bank Limited for the year ended 3 December: 2024. Particulars Cash m hand Mortgage indebtedness Customer's liability on acceptance Cash Credit loan Money market deposit Cash & Balance Mith Ban ladesh Bank De osit due to other banks F ederal ftnd purchased (CLO 2, Level 3) Amount in Lac 920 1000 285 2425 100 1000 3000 770 Fixed & Term Deposit A/c Federal ftnd sold and securities chased 750 2. From the following information construct a Profit and Loss Account of ABC Bank Limited for the year ended 31 R December, 2024. Particulars Interest/discount 'adv ance 'bills Income on Investments Profit on sale of land: building and other assets Interest on deposit Rent: taxes and lighting Commission, exchange and brokerage Interest on balance with Central Bank Payments to and provisions for employees Repairs and maintenance Insurance Utility charges Printing and stationery and publicity Depreciation on bank's properties Director's fees Balance of profit and loss account Other information: (CLO 2, Level 3) (7) Amount in million 12820 1091 200 7950 250 905 10250 125 90 100 80 825 290 1120 Make a provision for income tax @ 35% and a provision for loan loss @ 15% 20% of profit is to be transferred to the statutory reserve _