B.A. LL.B. (Five Years) Sem 8 Banking Law 2017 Dec Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the functions of Reserve Bank of India.
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2. Q2 Discuss the ways by which a banker can make profitable uses of funds with him.
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3. Q3 What is Endorsement ? Explain the different types of Endorsement.
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4. Q4 Explain the general relationship between the banker with his customer.
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5. Q5 What precautions should a banker take in opening a new account ?
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6. Q6 Explain the bankers duty to honour the customers cheques.
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7. Q7 Examine the grounds under which the banking ombudsman may reject the complaint.
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Write short note on any two of the following :

1. Q8 (a) Cheque.
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2. Q8 (b) Commercial banks.
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3. Q8 (c) Priority sector advances.
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Solve any two of the following problems :

1. Q9 (a) 'A' signs an instrument as follows : I promise to pay 'S' or order Rs. 50,000. Is it a valid promissory note ?
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2. Q9 (b) S, O and N are partners in the SON firm. They informed the banker that 'S' and 'O' will operate the firms current account. Can banker honour the cheques of the firm signed by 'S' and 'N' ?
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3. Q9 (c) A customer of a Corporation Bank approaches another branch of the same bank for loan facility against fixed deposit receipt of Rs. 5,00,000/- issued in his favour. Whether his request for loan can be considered ? 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.