Explain the meaning of financial innovation giving relevant examples of recent innovations in Kenya.

a. Explain the meaning of financial innovation giving relevant examples of recent innovations in Kenya. (9 marks)
b. Discuss the major strategies a financial institution can employ to deal with the problem of adverse selection using local examples.( 3 marks)
c. Explain any six macro economic factors likely to be influenced by world financial crisis. (3 marks)

 

 

 

 

 

 

 

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