Professional Documents
Culture Documents
PART-I
101: Islamic Ideology
Time: 3 hours
Full Marks: 100
Pass Marks: 45
(N.B.: Answer any (5)five questions. The figures in the right margin indicate full marks.)
1. O O O O
ْأَﺣَﺪٌ ﻛُﻔُﻮًا ﻟﱠﮫُ ﯾَﻜُﻦ وَﻟَﻢ ْﯾُﻮﻟَﺪْ وَﻟَﻢْ ﯾَﻠِﺪْ ﻟَﻢ ُاﻟﺼﱠﻤَﺪُ اﻟﻠﱠﮫ ْأَﺣَﺪٌ اﻟﻠﱠﮫُ ھُﻮَ ﻗُﻞ
a) Translate the above verses of the Holy Quran into Bangla/English. 6
b) Define Tawheed. How does Tawheed differ from Shirk -explain according to the 14
above verses.
2. Define and differentiate the following pairs of terms (any five): 5x4=20
a. Iman and Aqeedah b. Musafir and Muqeem
3. What do you mean by the term Haqqul Ibad? How world peace can be ensured by
establishing the human right in Islam? 20
4. Enumerate the points delivered by the Prophet (PBUH) in the historic speech of
Hajjatul Bidah. 20
5. What are the fundamentals of Maqasid-al-Shariah? Discuss how maqasid al-Shariah
is achieved through Islamic Banking. Does it differ from CSR? 20
6. What is the concept of an extended family in Islam? How family culture of Islam can
help the children to develop themselves as the leader of the society? 20
7. Explain the terms Taqwa and Sabr. What are the benefits of these qualities? What
are the process to achieve these qualities as per Al-Quran and Hadith? 20
8. Write short notes on any 5(five) of the following: 5x4=20
a. Iqamat-e-Salat
b. Sirat al-Mustaqim
c. Gheebat
d. Akhirah
e. Adle and Ihsan
f. Islamic Ummah
g. Sources of Islamic Law
h. Muttaqi
The End
3. a) Distinguish among Total, Average and Marginal Utility. Explain the law 12
of diminishing marginal utility.
4. a) Define GDP, GNP, NNP and Per Capita Income and show their 8
relationship.
b) Discuss the various methods of measuring GDP. What are the limitations of 12
GDP measurement?
7. a) Define and distinguish between monetary policy and fiscal policy. What 10
are their objectives?
The End
Diploma in Islamic Banking Examination, April 2016
PART-I
103: Principles of Accounting
Time: 3 hours
Full Marks: 100
Pass Marks: 45
(N.B.: Answer any 5(five) questions. The figures in the right margin indicate full
marks)
c) On January 1, 2016 the following were the account balances of ABC Ltd.
Jan. 31: Withdrew Tk. 3,000.00 for personal purpose of the owner.
Requirements:
March 1: Cash in hand Tk. 50,000.00 and balance at bank Tk. 2,00,000.00
March 5: Received from Janab K Hasan Tk. 99,000.00 and allowed him
discount Tk. 1,000.00
March 15: Paid to Janab N. Karim by cheque Tk. 9,900.00 and discount
received Tk. 1,000.00
March 25: Purchase office equipment for Tk. 8,000.00 through a cheque.
March 28: Deposited the cheque received on march 26, 2016 into bank.
March 31: Bank Notifies that Janab Hakim’s cheque has been dishonored.
3. a) M/s Next Door Ltd. incorporated in March 2016 with an initial capital of
50,000 shares @ Tk. 50.00 each. During the first month of its operation, the
company engaged in the following transactions:
d) M/S Rafan Ltd. Provides the following data related to inventory for the month 10
of February, 2016:
6. From the following Trail Balance of M/s Moon Ltd. Prepare the income
statement and Balance Sheet as on 31 December, 2015:
20
M/s Moon Ltd.
Trail Balance
31 December, 2015
Amount in Taka
Capital 5,50,000
Computer 30,000
Purchase 3,29,000
Generator 3,80,000
Furniture 50,000
Sales 4,26,000
Salaries 12,500
Wages 3,600
Dividend 10,000
Additional Information:
i. Closing inventory consist of Raw Materials Tk. 30,000; WIP Tk. 40,000; and
Finished Goods Tk. 20,000;
ii. Depreciation: 10% on generator and furniture and 20% on computer
iii. New provision for bad debts Tk. 3,000
iv. Provision for Taxes Tk. 5,000
v. Unpaid salary Tk. 4,000
7. From the following Trial Balance of Western Islamic Bank Ltd., prepare the
profit and loss account and balance sheet as on 31 December 2015:
20
Western Islamic Bank Ltd
Trial Balance
31 December 2015
Amount in Taka
Additional Information:
i. Provide provision for investment Tk. 10,000; Taxes Tk. 5,000, and other
provision Tk. 6,000
ii. Proposed dividend Tk. 25,000
iii. Salary and allowances due for Tk. 75,710
Required:
i. Prepare profit and Loss account as per Bangladesh Bank BRPD circular and
Islamic Banking Guidelines;
ii. Prepare Balance Sheet for the year ended at December 31, 2015.
e. Accounting Equation
f. GAAP
h. Adjusting Entries.
The End
Diploma in Islamic Banking Examination, April 2016
PART-I
104: Principles of Management
Time: 3 hours
Full Marks: 100
Pass Marks: 45
(N.B.: Answer any 5(five) questions. The figures in the right margin indicate full
marks)
The End
The End
The End
Diploma in Islamic Banking Examination, April 2016
PART-II
201: Investment Management
Time: 3 hours
Full Marks: 100
Pass Marks: 45
(N.B.: Answer any 5(five) questions. The figures in the right margin indicate full marks)
14
8. Write short notes on any 5 (five) of the following: 5x4=2
0
a. Investment Documentation
b. Collateral Coverage and Collateral Management
c. Stress Testing
d. GINI Coefficient
e. NPV & IRR
f. Venture Capital
g. Green Banking Investment Operation
h. Concentrated Risk
The End
(N.B.: Answer any 5(five) questions, taking at least 2(Two) from each group.
The figures in the right margin indicate full marks.)
Group-A
1. Please discuss the following issues relating to Documentary Credit Operations:
a) Parties of Documentary Credit and their responsibilities. 5
b) Documents required to release imported consignment from the port as per practice of
Bangladesh.
5
a) How Suppliers Credit Report can be collected as per GFET and what is the validity period
of Credit Report and for which amount of L/Cs those are required?
4
b) What are the special conditions for opening L/C to import through land port? 4
d) What are the different types of Import Registration Certificates (IRC)? Who issues and
who can renew the IRC & ERC.
4
e) Define different types of Industrial units operating in EPZ and their formation criterion. 4
4. a) “Letter of Credit ensure Win-Win situation for both importers & exporters.” Explain. 7
b) Are the domestic Letter of Credit covered under the rules of UCP? 3
c) Write down the complete procedure for rejecting documents under the rules/articles of
UCP 600.
6
Group-B
c) How do you apply the knowledge of financial engineering for developing financial derivative 6
products? Differentiate between linear and non-linear financial derivatives (with example)
Please turn over
7. a) Explain the difference between Foreign Exchange Risk and Foreign Exchange Exposure.
Differentiate between Transaction Exposure and Economic Exposure.
6
b) How do you distinguish between long position & short position? Does Islam permits it? Give
arguments in favour of your answer.
7
c) Name the constituents of World Bank Group. State their functions very briefly. In what way,
these are similar or dissimilar to those (functions) of IDB.
7
8. a) What is Cross rate? How would you calculate O.D. (sight) and B.C. (Selling) rate from spot
rate?
5
b) Why in Bangladesh $/Tk is not a cross rate? Calculate €/Tk and ¥/Tk rate from the following
rates:
€1 = $ 1.20 - 1.32 (Paris)
$1 = ¥ 110.25 - 112.35 (Tokyo)
$1 = Tk. 79.50 - 80.75 (Dhaka)
10
c) What is Forward Rate? What is the role of Swap Rate in calculating Froward Rate from Spot
Rate?
5
The End
4. a) Who are competent to enter into a contract? What do you mean by ‘Sound
Mind’? 8
b) Define Free Consent with example. 4
c) Mr. Karim sells by auction to Mr. Ali a cow which Mr. Karim knows to be
unsound. Mr. Karim says nothing to Mr. Ali about the cow’s unsoundness.
Whether there is a fraud in this transaction? Give reason in favor of your
opinion. 8
5 a) How and under what law mortgage can be created over a Ship? 10
b) What is a Company Charge? Define a fixed, floating and further charge. 10
6. a) What is the difference between an offence under section 138 of the
Negotiable Instrument Act 1881 and an offence under section 420 of the
Bangladesh Penal Code? Please give examples. 10
b) What do you mean by Constructive Service of Notice? What is the procedure
of Service of Notice under Negotiable Instrument Act 1881? 10
7. a) Discuss the statutory protections which are available for paying and
collecting banker under Negotiable Instrument Act 1881. 10
b) Point out the circumstances where some negotiable instruments lose their
negotiability. Explain with examples. 5
c) Write down the procedures of filing suit for dishonor of Chegue. 5
Section-I
(Management Accounting)
AB Bank CD Bank
Ltd. Ltd
Less:
Tk. Tk.
1,35,000 1,35,000
(i) Calculate the break-even point and margin of safety of each bank. 5
(ii) Calculate the volume of service revenue at which each of the two bank will 4
make a profit of Tk. 25,000
(iii) State which bank is likely to earn greater profits in condition of: 5
Declining bank service preference of customers.
Increasing bank service preference of customers.
Give your reasons.
3 a) Define marginal cost and marginal costing. Discuss usefulness and limitations of
marginal costing. 8
b) ABC limited sells its products at Tk. 30 per unit. The company uses a First in First
Out actual costing system. A new fixed manufacturing overhead allocation rate is
computed each year by dividing the actual fixed manufacturing overhead cost by
the actual production costs. The following simplified data are related to its first
two years of operation:
year-I year-II
Sales (units) 1000 1200
Production (unit) 1400 1000
Costs (Tk.)
Variable manufacturing 7,000 5,000
Fixed manufacturing 7,000 7,000
Variable marketing and
10,000 12,000
administration
Fixed marketing and administration 4,000 4,000
Required:
i. Prepare income statement based on:
a. Absorption costing and 4
b. Variable costing for each year. 4
ii. Give reasons for the difference in the answer. 4
c. Merchandise purchases are paid in full during the month following purchase.
Accounts payable Tk. 1200,000 for merchandise purchased on December 31,
which will be paid during January. 16
d. In preparing the cash budget, assume that Tk. 600,000 Investment facilities will
be sanctioned in January and repaid in June. Profit of Tk. 42,000 will be charged
against the Investment.
Requirement:
Prepare a cash budget showing month-wise and total budgeted figures from
January to June 2016.
Section-II
Financial Management
c) Mr. Koreshi has Tk. 500,000 to deposit in Mudaraba Term Deposit on auto
renewal basis for Three years at the following Rate of Return(RR);
Term RR
12 Months 10.00
%
6 Months 9.00%
3 Months 8.00%
Compute;
i. The amount he would have at the end of the third year, leaving all profit paid on
deposits in the bank, on each alternative.
ii. The effective rate of return he would earn on each alternative and
iii. Which plan should he choose?
13
Total Tk.
12,00,000
Dividends on common stock are currently Tk. 3 per share and are expected to
grow at a constant rate of 6 percent. Market price of common stock is Tk. 40, and
the preferred stock is selling at Tk. 50. Floatation cost on new issues of common
stock is 10 percent. The interest on bonds is paid annually. The company’s tax
rate is 40%.
Required:
You are required to compute weighted average cost of capital based on existing
capital structure.
15
a. Financial Lease
b. Conservative Working Capital Policy
c. Common and Preferred Stock;
d. Operating Lease and HPSM;
e. Dividend Policy;
f. Payout Ratio;
g. Financing Mix;
h. Current Asset Management
i. Risk-Return Tradeoff;
j. MM Hypothesis.
3. a) What is the Real Time Gross Settlement (RTGS)? Describe its settlement 6
process.
b) What are the advantages of RTGS over other clearing system? 4
c) What is the maximum & minimum limit of RTGS transaction? Who are the
members of RTGS? 4
d) Distinguish among BACH, BEFTN & RTGS. 6
4. a) What is Smart Card? What are the differences between Magnetic strip
card and Chip base card? 10
b) What is Skimming of ATM Card? How it is happened and how you can 10
protect it?
6. a) Describe in short the current Alternative Delivery Products & Services that
are available at our local banking services industry. 12
b) What is MIS? How IT based MIS can help a Financial Institution? 8
7. a) What is ICT policy? How do you protect & secure CBS & Hardware Devices
of your Bank as per ICT policy. 12
b) What is IT policy regarding Password maintenance? 4
c) How many factors are verified from the user during fund transfer in i- 4
banking?
b) What are the differences and similarities between RDS and Grameen
Bank operations in socio-economic development strategy?
10
The End