B.A. LL.B. (Five Years) Sem 8 Banking Law 2014 Dec Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the functions of Commercial Banks. Examine the recent trends in the functioning of Commercial Banks in India.
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2. Q2 Describe the role of Reserve Bank of India in the economic development of the country.
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3. Q3 Explain the objectives and features of Securitisation Act, 2002.
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4. Q4 What is Endorsement ? Explain the different types of Endorsement.
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5. Q5 Discuss the Banker's obligation to maintain the secrecy of the customer's account.
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6. Q6 What precautions should a banker take in opening a new account in the name of a Minor and 'company' ?.
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7. Q7 Discuss power and functions of Banking Ombudsman.
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Write short note on any two of the following.

1. Q8 (a) State Bank of India.
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2. Q8 (b) Special Banking Services.
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3. Q8 (c) A.T.M.
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Solve any two of the following problems.

1. Q9 (a) Mr. Shankar could't present the cheque received from his friend due to busy schedule. The period of limitation is about to expire on a day which happens to be a holiday. Advice Mr. Shankar.
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2. Q9 (b) 'X' and 'Y' maintain a Joint Savings Bank Account. 'Y' informs the bank that 'X' is dead and produces a death certificate thereof 'Y' requests the banker for the payment to him of the balance in the account. What would you do as a banker ? Decide.
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3. Q9 (c) A customer of a Canara Bank approaches another branch of the same Bank for loan facility against F.D. receipt of Rs. 1,00,000.00 issued in his favour. Decide.
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Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.