B.A. LL.B. (Five Years) Sem 8 Banking Law 2023 Mar (100 marks) Question Paper - KSLU

Questions asked in this paper

1. Q1 Discuss the functions of Commercial Banks in India.
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2. Q2 Explain the main features of Banking Regulation Act, 1949.
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3. Q3 Can a banker make profitable use of funds with him ? If so narrate the methods.
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4. Q4 Define negotiable instrument. How negotiable instruments are different from transferable instruments ?
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5. Q5 Who is customer of a bank ? Discuss the general relationship between banker and customer.
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6. Q6 Explain the sound principles of banking and lending. What are the general precautions of lending ?
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7. Q7 Explain the various trends of E-banking services.
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Write short note on any two of the following :

1. Q8 (a) Material alteration.
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2. Q8 (b) Endorsement.
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3. Q8 (c) Supervisory role of Reserve Bank of India.
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Solve any two of the following problems :

1. Q9 (a) Mr. Karthik couldn't present the cheque received from his friend due to busy schedule. The period of limitation is about to expire on a day which happens to be a holiday. Advice Mr. Karthik.
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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 customer has a credit balance of Rs. 2,080 in his current account. Three cheques of Rs. 1,000, Rs. 500 and Rs. 1,200 are simultaneously presented for payment. As a banker how will you act in this situation ? Decide.
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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.