B.A. LL.B. (Five Years) Sem 8 Banking Law 2021 Mar 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 main features of Banking Regulation Act, 1949.
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4. Q4 Explain the general principles relating to Secured Loan.
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5. Q5 Who is a Banker ? Explain general relationship of Banker and Customer.
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6. Q6 What is Indorsement ? Explain the different types of Indorsement.
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7. Q7 Define Bill of Exchange. Explain the distinction between Bill of Exchange and Promissory Note.
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Write note on any two of the following :

1. Q8 (a) Banking Ombudsman.
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2. Q8 (b) Cheque.
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3. Q8 (c) Credit Card.
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Solve any two of the following problems.

1. Q9 (a) 'A' signs an instrument as follows : "I promise to pay 'X' or order Rs. 10,000". Is it a valid promissory note ?
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2. Q9 (b) A fixed deposit receipt marked as "not transferable". But it was transferred by the depositor to another person. Decide.
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3. Q9 (c) 'A' and 'B' maintain a Joint Savings Bank Account. 'B' informs the bank that 'A' is dead and produces a death certificate thereof 'B' requests the banker for the payment to him of the balance in the account. What would you do as a banker ?
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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.