CFM 301: DEVELOPMENT FINANCE (SATURDAY)

4/23/25, 7:04 AM CFM 301 Development Finance ( Saturday)




UNIVERSITY EXAMINATIONS: 2010/2011
THIRD YEAR EXAMINATION FOR THE DEGREE OF BACHELOR OF
COMMERCE
CFM 301: DEVELOPMENT FINANCE (SATURDAY)
DATE: APRIL 2011 TIME: 2 HOURS


INSTRUCTIONS: Answer one and any other TWO questions


QUESTION ONE
(a) Name one of the multilateral development banks and highlight its role in the process of
development. (6 Marks)


(b) Development aid is intended to facilitate the process of development. Highlight the major
criticisms of development aid in developing countries. (8 Marks)
(c) Highlight the key challenges that are facing the management of devolved funds. (10 Marks)
(d) Explain the concept of build operate and transfer in project development stating the parties
concerned and the advantages of such projects. (6 Marks)


QUESTION TWO
(a) Name two types of project evaluation stating their objectives. (8 Marks)
(b) Explain the role of financial system in project development. (6 Marks)
(c) Highlight the various ways in which access to finance especially by the rural poor can be
improved. (6 Marks)
QUESTION THREE
(a) Discuss the role of donors support in the development of projects in developing countries.
(10 Marks)


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