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Cfm 301 Development Finance (Day+Evening) Question Paper

Cfm 301 Development Finance (Day+Evening) 

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2011



1
UNIVERSITY EXAMINATIONS: 2010/2011
THIRD YEAR EXAMINATION FOR THE DEGREE OF BACHELOR OF
COMMERCE
CFM 301 DEVELOPMENT FINANCE (DAY+EVENING)
DATE: DECEMBER2011 TIME: 2 HOURS
INSTRUCTIONS: Answer Question One and Any Other Two Questions
QUESTION ONE
a) World bank has been influential in supporting developing countries and small states.
Explain the various ways in which the recipients have benefited from the support.
(10 Marks)
b) Clearly explain the pillars of financial infrastructure highlighting the problems each faces
in the overall financial system. (10 Marks)
c) Developing countries have been receiving development Aid over a long period of time and
seem to continue relying on Aid for growth and social welfare. Explain the challenges
associated with Development Aid and the measures that need to be put in place to realize
the intended objectives. (10 Marks)
QUESTION TWO
a) For any country to achieve economic growth and development there should be a strong
financial system in place. Explain how the financial system can influence the development
process and the measures to be put in place to achieve the desired development. (10 Marks)
b) As a newly appointed head person in charge of monitoring and evaluation of projects,
highlight the key reform areas that will facilitate development process in developing
countries. (10 Marks)
2
QUESITON THREE
a) Project development entails adequate appraisals to aid decision making regarding the
success of every project. Explain the objectives of conducting a social cost benefit analysis
of a project. (10 Marks)
b) Project management can best be described by understanding the key things that should be
successfully managed fro project success. Highlight the key things stating how they will
facilitate project success. (10 Marks)
QUESTION FOUR
a) Micro-finance institutions have been instrumental in the process of poverty alleviation
through employment creating. Highlight the key challenges facing the institutions and
what the government should do to support the institutions. (10 Marks)
b) Devolved funds have specific objectives to the rural poor and towards the development
process. Explain why the funds have not facilitated the realization of the set goals.
(10 Marks)
QUESTION FIVE
a) In overall assessment of projects there must be clear criteria for the evaluation process.
Highlight the five key aspects that must be considered. (10 Marks)
b) The government has been trying to achieve the Millennium development goals by coming
up with various targets and strategies. As an advisor to the government, explain the likely
challenges the government is likely to face and give recommendations to the challenges.
(10 Marks)






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