CB Flashcards
TYPES OF FINANCIAL MARKET
Stock Market, Bond Market, Commodities Market
TYPES OF RISK ASSUMED BY BANKS AND OTHER FINANCIAL INSTITUTIONS
Market Risk, Operational Risk, Liquidity Risk, Compliance Risk, Legal Risk, Reputation Risk , Strategic Risk
TYPES OF BANKS CLASSIFY ACCORDING TO THE GENERAL BANKING ACT OF 2000
Commercial Bank, Thrift Bank, Cooperative Bank, Islamic Bank, Rural Bank, Universal Bank
KEY ELEMENTS OF FINANCIAL SYSTEM
The Lenders and Borrowers
The Financial Instrument or Assets
The Financial Intermediaries
The Creation of Money
The Price Discovery
The Financial Market
NON BANKING INSTITUTIONS
Credit Cooperatives
Credit Card Companies
Investment Companies
Insurance Companies
Investment Houses
Brokers and Dealers
Pre need companies
Pawnshops
Lending Companies
2 TYPES OF INTEREST RATE
Real Interest Rate, Nominal Interest Rate
MONEY AND ITS FUNCTION
Money as the Medium of Exchange, Money as unit of account, Money as store of value, Money as the standard deferred payment
RISK MANAGEMENT PROCESS
Identify risk, Measure risk, Monitor risk , Control risk