B.A. LL.B. (Five Years) Sem 8 Banking Law 2022 Apr Question Paper - KSLU

Questions asked in this paper

1. Q1 Explain the main features of Banking Regulation Act, 1949.
   Read the model answer
2. Q2 Explain the growth and development of Banking institutions in India.
   Read the model answer
3. Q3 Define cheque. Explain the different kinds of crossing of a cheque along with their effects.
   Read the model answer
4. Q4 Discuss the functions of Commercial Banks in India.
   Read the model answer
5. Q5 Who is paying banker ? State the statutory protections available to paying banker.
   Read the model answer
6. Q6 Explain the powers and functions of banking ombudsman.
   Read the model answer
7. Q7 Who is customer of a Bank ? Discuss the general relationship between banker and customer.
   Read the model answer

Write short note on any two of the following :

1. Q8 (a) Cyber evidence.
   Read the model answer
2. Q8 (b) Deposit Insurance Corporation.
   Read the model answer
3. Q8 (c) Garnishee order.
   Read the model answer

Solve any two of the following problems.

1. Q9 (a) 'A' has taken 2,000 Rs. loan from 'B' and 'A' gives a promissory note and 'A' promises to pay Rs. 2,000 to B on the marriage day of 'B'. Is it a valid promissory note ?
   Read the model answer
2. Q9 (b) X and Y have joint overdraft account of Rs. 40,000 in a Bank. They have failed to repay the same inspite of several reminders and the overdraft has become overdue. The bank manager comes to know that X has a credit balance of Rs. 20,000 in a savings bank accounts at another branch of the same bank can the credit balance of X's saving bank account be set off against the joint overdraft account of X and Y ?
   Read the model answer
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 defects in the signature of 'A'. Can 'B' file a cheque bounce case against 'A' ?
   Read the model answer

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.