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Re: BNK603 Quiz 1 Solution and Discussion
BNK603 Quiz 1 Solved
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Total Marks 5
Starting Date Wednesday, January 22, 2020
Closing Date Tuesday, January 28, 2020
Status Open
Question Title Risk Management
Question DescriptionRisk management is a discipline which is mandatory in financial institutions to save the institution from risk. Risk management involves identification, measurement, monitoring and controlling risks. The risk management activities usually take place at three hierarchy level, strategic, macro and micro level.
Being a student of Consumer Banking, you are required to give your opinion that which hierarchy level is most important to manage risk in banks. Support your answer with strong logical arguments.
Instructions:
Your discussion must be based on logical facts.
Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.
Obnoxious or ignoble answer should be strictly avoided.
Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over.
NOTE: Copied Comments from any source will be marked as ZERO.
For Detailed Instructions please read the GDB Announcement
Best of Luck!
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Quiz No. 2 Total Questions : 10
Quiz will be based upon Multiple Choice Questions (MCQs). You have to attempt the quiz online. You can start attempting the quiz any time within given date(s) of a particular subject by clicking the link for Quiz in VULMS. Each question has a fixed time of 90 seconds. So you have to save your answer before 90 seconds. But due to unstable internet speeds, it is recommended that you should save your answer within 60 seconds. While attempting a question, keep an eye on the remaining time. Attempting quiz is unidirectional. Once you move forward to the next question, you can not go back to the previous one. Therefore before moving to the next question, make sure that you have selected the best option. DO NOT press Back Button / Backspace Button while attempting a question, otherwise you will lose that question. DO NOT refresh the page unnecessarily, specially when following messages appear Saving... Question Timeout: Now loading next question... Javascript MUST be enabled in your browser; otherwise you will not be able to attempt the quiz. If for any reason, you lose access to internet (like power failure or disconnection of internet), you will be able to attempt the quiz again from the question next to the last shown question. But remember that you have to complete the quiz before expiry of the deadline. If any student failed to attempt the quiz in given time then no re-take or offline quiz will be held.
Please read the following instructions carefully! -
SEMESTER FALL 2019
IMPORTANT:
CONSUMER BANKING (BNK603)
ASSIGNMENT NO.01
DUE DATE: NOVEMBER 26, 2019 MARKS: 10 (5+5)
ASSIGNMENT:
Learning Objectives:
The objective of this assignment is to introduce the students with the procedure of registering complaint with Banking Mohtasib and the State Bank of Pakistan’s guidelinesfor standardizationofATMOperations.
Requirements:
Mr. Azeem has its bank account in ABC Bank Limited and a debit card was issued to him by his bank for meeting his cash withdrawal demands. On 10-11-2019, Mr. Azeem went to an ATM (Automated Teller Machine) near his home in order to get cash but he was surprised to see that his account showed the deduction of Rs.20,000, although he had withdrawn only Rs.10,000 at that day. Mr. Azeem immediately informed the higher authorities of the bank about this fact but their response towards resolving this issue was not so encouraging. Therefore, Mr. Azeem decided to register a complaint in Banking Mohtasib against ABC Bank Limited.
Keeping in view the above scenario, you are required to write the complete procedure that will be followed by the concerned parties and Banking Mohtasib in this case: starting from the registration of complaint till the resolution of this issue.
In addition, you are also required to write responsibilities of the management of ABC Bank Limited to carry out ATM operations of ABC Bank Limited in accordance with the guidelines issued by State Bank of Pakistan.24 hours extra / grace period after the due date is usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
• The file you uploaded does not open or is corrupt.
IMPORTANT INSTRUCTIONS/ SOLUTION GUIDELINES/ SPECIAL INSTRUCTIONS
DO YOUR WORK CLEAN & COMPLETE
OTHER IMPORTANT INSTRUCTIONS: DEADLINE:
• MakesuretouploadthesolutionfilebeforetheduedateonVULMS. • Anysubmissionmadeviaemailaftertheduedatewillnotbeaccepted.
FORMATTING GUIDELINES:
• Usethefontstyle“TimesNewRoman”or“Arial”andfontsize“12”. • ItisadvisedtocomposeyourdocumentinMS-Wordformat.
• YoumayalsocomposeyourassignmentinOpenOfficeformat.
• Useblackandbluefontcolorsonly.
REFERENCING GUIDELINES:
• Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
RULES FOR MARKING
Please note that your assignment will not be graded or graded as Zero (0), if: • It is submitted after the due date.• It is in any format other than MS-Word or Open Office; e.g. Excel,
PowerPoint, PDF etc.
• It is cheated or copied from other students, internet, books, journals etc.
Note related to load shedding: Please be proactive
Dear students!
As you know that Pre Mid-Term semester activities have started and load shedding problem is also prevailing in our country. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments, quizzes or GDBs. -
Quiz No. 1 Total Questions : 10
Please read the following instructions carefully!
Quiz will be based upon Multiple Choice Questions (MCQs).You have to attempt the quiz online. You can start attempting the quiz any time within given date(s) of a particular subject by clicking the link for Quiz in VULMS.
Each question has a fixed time of 90 seconds. So you have to save your answer before 90 seconds. But due to unstable internet speeds, it is recommended that you should save your answer within 60 seconds. While attempting a question, keep an eye on the remaining time.
Attempting quiz is unidirectional. Once you move forward to the next question, you can not go back to the previous one. Therefore before moving to the next question, make sure that you have selected the best option.
DO NOT press Back Button / Backspace Button while attempting a question, otherwise you will lose that question.
DO NOT refresh the page unnecessarily, specially when following messages appear
Saving…
Question Timeout: Now loading next question…Javascript MUST be enabled in your browser; otherwise you will not be able to attempt the quiz.
If for any reason, you lose access to internet (like power failure or disconnection of internet), you will be able to attempt the quiz again from the question next to the last shown question. But remember that you have to complete the quiz before expiry of the deadline.
If any student failed to attempt the quiz in given time then no re-take or offline quiz will be held.
Start Quiz
UNSOLVED BNK603 Quiz 1 Solution and Discussion
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Quiz No. 1 Total Questions : 10
Please read the following instructions carefully!
Quiz will be based upon Multiple Choice Questions (MCQs).You have to attempt the quiz online. You can start attempting the quiz any time within given date(s) of a particular subject by clicking the link for Quiz in VULMS.
Each question has a fixed time of 90 seconds. So you have to save your answer before 90 seconds. But due to unstable internet speeds, it is recommended that you should save your answer within 60 seconds. While attempting a question, keep an eye on the remaining time.
Attempting quiz is unidirectional. Once you move forward to the next question, you can not go back to the previous one. Therefore before moving to the next question, make sure that you have selected the best option.
DO NOT press Back Button / Backspace Button while attempting a question, otherwise you will lose that question.
DO NOT refresh the page unnecessarily, specially when following messages appear
Saving…
Question Timeout: Now loading next question…Javascript MUST be enabled in your browser; otherwise you will not be able to attempt the quiz.
If for any reason, you lose access to internet (like power failure or disconnection of internet), you will be able to attempt the quiz again from the question next to the last shown question. But remember that you have to complete the quiz before expiry of the deadline.
If any student failed to attempt the quiz in given time then no re-take or offline quiz will be held.
Start Quiz