Mmb Bond Case Study
CHAPTER 4 FREQUENTLY ASKED
QUESTIONS
What is a MBBS bond?
A MBBS bond can be viewed as a mandatory payment for goods and services. The bearer of these bonds would be entitled to significant formularized discounts on the listed sale price/cost of goods and services if these bonds are used with a cash payment. In the government sector, a consumer can pay in bonds instead of cash, and the bonds will be worth double the amount of currency. In the private sector, goods and services would be purchased with 15% in bonds and the rest in cash.
How can these bonds be used? What are the benefits of using these bonds?
These bonds would be used to obtain reduced prices for goods and services offered by the government and the public sector. These bonds will bring down the cost of living for a household consumer and reduce production costs for
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These offices and employees will be administrative in nature, which will ensure smooth, transparent operations, and they will be responsible for maintaining a record of bond sales. In addition, they will dispense bonds to bonds agents. How will the SMF monitor sales and control revenue collection from bond agents?
Each agent will have a monthly quota of 300,000 bonds. No agent can sell bonds beyond his or her quota. This will ensure that each agent has the same opportunities, and each agent would be able to earn up to $30,000 a month. How would the SMF eliminate or minimize the chances of bond agents committing fraud?
All SMF records will be computerized, and a record for each agent will be maintained, which will reduce the chance of fraud or error. Any fraud or complaint against any agent will result in the termination of his or her services. The profits from fraud will be small, so most agents will not jeopardize their jobs for small payoffs.
Currency is supported and backed by reserves. What supports or backs MBBS
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