Problem:
(a) Distinguish between Non-Deposit Taking and Deposit-Taking Institutions. Provide two differences between the two types of institutions.
(b) Who regulates Deposit-Taking and Non-Deposit Taking Institutions in Mauritius?
(c) Insurance companies insure against pure risks.
(i) What are pure risks?
(ii) Give two examples of such a risk.
(d) (i) What is an Operating Lease?
(ii) How does an Operating Lease compare with a Financial Lease?
(iii) Name two characteristics of a Global Business Company in Mauritius?