| Q.1 |
Please write the alphabate of selected choice
in the answer column: (10) |
i |
A Leasing Company must provide facilities to small entrepreneurs,
as a percentage of its fund based facilities in the ratio of :
A) 5% B) 10 % C)
20% D)
None of the above |
ii |
While granting facility, exceeding one million rupees, a leasing
company must ensure that current assets to current liabilities ratio
does not fall below:
A) 1:1 B) 1.5:1
C)
2:1 D)
None of the above |
iii |
While granting facility, exceeding one million rupees, a leasing
company must ensure that debt to equity ratio does not exceed:
A) 60:40 B)
70:30 C)
80:20 D)
None of the above |
iv |
While granting facility, exceeding one million rupees, a leasing
company must ensure that a lessee is a :
A) A registered taxpayer & paid his utility bills. B)
Paid his motor vehicle tax.
C) Paid his property tax. D)
None of the above |
v |
A leasing company must ensure that facilities against trading
stocks shall be subject to a margin of :
A) 25% B)
20% C)
30% D)
None of the above |
vi |
The minimum paid-up-capital required for a leasing company is:
A) Rupees 100 million. B)
Rupees 200 million.
C) Rupees 300 million. D)
None of the above |
vii |
The maximum borrowings of a leasing company cannot exceed:
A) Five times its equity. B)
Seven times its equity.
C) Ten times its equity. D)
None of the above
|
viii |
Computer equipment can be leased for a minimum period of:
A) One year. B)
Two years. C)
Three years. D)
None of the above |
ix |
A motor vehicle can be leased for a minimum period of:
A) One year. B) Two
years. C)
Three years. D)
None of the above |
x |
The State Bank of Pakistan presently caps microfinance loans
at:
A) Rupees 50000. B)
Rupees 100000.
C) Rupees 150000.
D) None of the above
|
| Q.2 |
Fill in the blanks: (10)
|
i |
A lease is classified as a _______________
if it transfers all the risks and reward incident to ownership.
|
ii |
Upon the delivery of leased equipment ,the
lessee shall inspect the equipment and issue an ___________ to the
lessor. |
iii |
In accounting for lessees the depreciation
policy for assets held under __________________ should be consistent
with that for owned assets. |
iv |
In accounting for lessees _________________________
payments should be apportioned between the finance charge and the
reduction of the outstanding liability. |
v |
An MFB/MFI shall not allow any facility for
__________________ purposes. |
vi |
An MFB/MFI shall not extend loans exceeding
Rs_______________ to a single borrower. |
vii |
MFB/MFI non performing loans shall be categorized
as:
a)_______________________________
b)_______________________________
c)_______________________________ |
viii |
Micro finance is secured through ______________________________. |
ix |
________________ can not hold, deal or trade
in real estate, except for use by itself. |
x |
MFB/MFI shall ensure that total exposure of
its clients from banks, other MFIs and NGO does not exceed Rs_______________. |
| Q.3 |
The lease proposal of Efficient Ltd, contain
the following information: (10) |
| |
| Asset value |
Rs 1,200,000 |
| Security deposit |
Rs 200,000 |
| Internal rate of return |
10% p.a |
| Lease term |
10 months |
| Rental payments |
Monthly |
| Rent payment mode |
Monthly in arrears |
| Asset salvage value |
Rs 200,000 |
You are required to calculate monthly rentals, for the lease period.
|
Q.4 |
Elaborate on the Transformation
Guidelines for NGO/RSP and Cooperatives for microfinance banking
operations as given in the Legal & Regulatory Framework of Microfinance
Institutions. (10) |
Q.5 |
Elaborate on the Prevention
of Criminal Use of Micro Finance Banks/Micro Finance Institutions
channels for the purposes of money laundering and other unlawful
trade. (10) |
Q.6 |
Describe how you will appraise
and assess a typical Lease Financing proposal. (10) |
Q.7 |
Briefly discuss the important
issues in vehicle financing. (05) |
Q.8 |
Briefly discuss branch
licensing policy for microfinance banks. As given in the Legal and
Regulatory Framework for Microfinance Institutions. (05) |
Q.9 |
Why does a leasing company
have to continue to grow its portfolio size by a minimum percentage
every year in order to survive. (05) |
Q.10 |
What are the reasons for
the high recovery rate achieved by Micro Finance Institution’s
as compared to normal commercial bank lending. (05) |
Q.11 |
Considering that the leasing
industry borrows from the banking sector, can leasing companies
survive against the competition from the commercial banks. Please
explain the reasons for their survival. (10) |
Q.12 |
Can commercial banks succeed
in the area of direct lending to ultimate borrowers in microfinance
or should they restrict themselves to wholesale lending to Micro
Finance Institution’s. Please discuss. (10) |
|