vu cs201 Mid Term Subjective Solved Past Paper No.10
vu cs201 Introduction to Programming Solved Past Papers
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He is the sustainer of the world. He gave from to everything and he looks after them. He makes alteration and changes in their conditions and character. He has predetermined every detail and has placed such proofs in each atom of this universe that every person with sufficient reason can trace Him and seek guidance from him. This is the second dogma of faith and it is obligatory to accept it and believe it.
But, does one become a believer by just accepting this as an article of faithsomeone declares before You that Allah alone is the creator of this universe and He alone is the sustainer of everything. Would you accept him as a believer just because of his declarationNay, this declaration alone is not enough to be a believer, because many nations of the antiquity made this declaration. The idolators of the Quresh, whose fetishism the prophet Muhammad repudiated and those against whom he waged Jihad, also declared Allah the God of Gods and never denied his existence
I = 12% or .12
AMT = 1 $
FV = ?
FV = amt * FVIF= [ (1+i)^n-1 ]/i
FV IF = [(1.12)^20 - 1]/.12 = 72.05
FV = 1*72.05 = 72.05
Financial System
In finance, the financial system is the system that allows the transfer of money between savers and borrowers. Five Core Principles of the Financial System & Details:
According to Mr. Brown, five core principles of Financial System, as outlined below:
- First, transparency means bringing the so-called 'shadow banking system' into the regulatory system, not operating parallel to it. And across the world, financial institutions need to be supervised not on what name they give themselves - be it banks, hedge funds or investment funds - but on what they do. We also need to ensure that all jurisdictions - such as offshore havens - and all important markets are covered by global supervision.
- Second accountability means boardroom integrity, where boards of directors must understand and be held responsible for the risks they undertake. And credit rating agencies need to be free of conflicts of interest and be properly licensed.
- Third, responsible risk taking means an end to the excesses from short-termism; instead rewarding people for long term success not short term deals. But to be most effective it has to be done internationally. A race to the bottom is in no one's interest. So we should agree a new international approach to pay and bonus structures.
- The fourth principle of prudential regulation means taking into account the effect of a bank's capital, liquidity, solvency and conduct on the whole financial system.
- Finally, he stated: "Lastly, international co-operation lies at the heart of all our changes - recognizing that financial institutions that work across borders need to be under cross border supervision too and regulators in one country must co-operate far more closely with regulators in other countries to create a global network of regulation that captures the risks to us all.
Other Principles of Financial are below:
- Facilitate Payments
- Channel Funds from Savers to Borrowers
- Enable Risk Sharing
