B.A. LL.B. (Five Years) Sem 8 Banking Law 2021 Oct Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the growth and development of Banking institutions in India.
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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 'Banker's duty of secrecy is not absolute". Explain when the disclosure of account is justified.
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4. Q4 Define cheque. Explain the different kinds of crossing of a cheque along with their effects.
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5. Q5 Who is paying banker ? State the statutory protections available to paying banker.
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6. Q6 Define holder and holder in due course. What are the privileges of holder in due course ?
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7. Q7 Discuss powers and functions of banking ombudsman.
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8. Q8 Define indigenous banking. Briefly explain its functions.
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9. Q9 Discuss the precautions to be taken by a banker while lending against goods.
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Write short note on any two of the following :

1. Q10 (a) Internet banking.
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2. Q10 (b) Promissory note.
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3. Q10 (c) Cyber evidence.
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Solve any two of the following problems :

1. Q11 (a) '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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2. Q11 (b) 'C' instructs his banker to buy certain debentures for him and asks the banker to keep them for him and collect the interest on them. Subsequently 'C's current account is overdrawn. Can banker exercise the lien over debentures ?
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3. Q11 (c) 'A,B,C and D are partners in the 'X Firm'. They informed the banker that 'B' and 'C' will operate the firm's current account. Can banker honour the cheques of the firm signed by 'B and D' ?
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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.