B.A. LL.B. (Five Years) Sem 8 Banking Law 2018 Dec Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the functions of the Reserve Bank of India.
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2. Q2 Discuss the Banker's obligation to maintain the secrecy of the customers account.
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3. Q3 What are the activities permitted by the Banking Regulation Act, 1949 to be taken up by the Banker ? Explain.
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4. Q4 Explain the sound principles of banking and lending. What are the general precautions of lending ?
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5. Q5 What is endorsement ? Explain the different kinds of endorsement.
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6. Q6 What are the precautions to be taken by a banker while lending against immovable property ? Explain.
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7. Q7 Explain the ancilliary services of a bank.
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Write note on any two of the following :

1. Q8 (a) Co-operative Bank.
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2. Q8 (b) Mobile Banking System.
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3. Q8 (c) Noting and protesting.
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Solve any two of the following :

1. Q9 (a) "A" is the holder of a cheque payable to the bearer. "A" has lost the cheque and "B" has found the cheque. Can "B" receive the payment by producing the cheque to the bank ?
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2. Q9 (b) "A" has taken 500 Rs. loan from "B" and "A" gives a promissory note and "A" promises to pay Rs. 500 to B on the marriage day of B. Is it a valid promissory note ?
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3. Q9 (c) "A" who is a customer of a Bank has given Rs. 10,000 in Rs. 10 coins to the bank for deposit. But bank has refused to receive the coins on the ground of inconvenience. Can "A" give complaint to the banking ombudsman ?
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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.