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

Questions asked in this paper

1. Q1 Explain the functions of a Commercial Bank.
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2. Q2 Discuss the relationship between banker and the customer.
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3. Q3 Explain the main features of Banking Regulation Act, 1949.
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4. Q4 What are the precautions to be taken by a banker while lending against the security of goods ? Explain.
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5. Q5 Define bill of exchange. State the distinctions between bill of exchange and promissory note.
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6. Q6 Define the term 'Endorsement'. Briefly explain its types.
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7. Q7 Explain E-Banking System in India.
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Write note on any two of the following.

1. Q8 (a) State Bank of India
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2. Q8 (b) Crossing
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3. Q8 (c) Banking Ombudsmen.
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Solve any two of the following.

1. Q9 (a) "A" draws a bill of exchange on "B" for Rs. 5,000. "B" has failed to accept the bill of exchange. Can C accept the bill of exchange on behalf of "B" ? Give reasons.
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2. Q9 (b) "A" has issued a cheque in the name of "B" who is a minor. Can B receive the payment from the Bank ?
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3. Q9 (c) "A" has issued a cheque to B for Rs. 5,000 for the purchase of goods. But cheque has been dishonoured because of defect in the signature of "A". Can "B" file a cheque bounce case against "A" ?
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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.