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

Questions asked in this paper

1. Q1 Explain the functions of Commercial Bank.
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2. Q2 Explain the functions of Reserve Bank of India and discuss its supervisory role.
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3. Q3 Explain the general principles relating to secured loan.
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4. Q4 Define 'Cheque'. How it differs from a promissory note ?
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5. Q5 Who is customer of a bank ? Explain the relationship between Banker and Customer.
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6. Q6 Explain the various trends of E-banking services.
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7. Q7 Discuss powers and functions of Banking Ombudsman.
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Write short note on any two of the following :

1. Q8 (a) Agency services
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2. Q8 (b) Protection to Paying Banker
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3. Q8 (c) Credit card.
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Solve any two of the following problems :

1. Q9 (a) One Mr. Venkat has a current account in the Vijaya Bank. A cheque for Rs. 50,000 was issued by him in favour of his minor son, Ramesh is presented for the payment at the counter of the bank. Can the banker pay the amount to the minor son of the drawer ? Decide.
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2. Q9 (b) A customer has a credit balance of Rs. 2,080 in his current account. Three cheques of Rs. 1,000, Rs. 500 and Rs. 1,200 are simultaneously presented for payment. As a banker how will you act in this situation ? Decide.
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3. Q9 (c) A fixed deposit receipt marked as "not transferable". But it was transfered by the depositor to another person ? Decide its validity.
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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.