LL.B. (Three Years) Sem 6 Law of Banking and Negotiable Instruments May 2026 60/40 Question Paper - Mumbai University | munotes

Questions asked in this paper

SECTION I - Q.1: Answer in not more than two sentences, attempt any six (12 Marks - 2 marks each)

1. Q1 Define 'Bill of Exchange'.
2. Q2 What is meant by 'Bearer Cheque'?
3. Q3 Define 'Banker' under law.
4. Q4 What is 'Endorsement in Blank'?
5. Q5 What is meant by 'Statutory Liquidity Ratio (SLR)'?
6. Q6 Define 'Customer' in banking law.
7. Q7 What is a 'Stale Cheque'?
8. Q8 What is 'Capital Adequacy Ratio'?
9. Q9 What is 'Holder for Value'?
10. Q10 Define 'Time Liability'.

SECTION II - Q.2: Write short notes, attempt any two (12 Marks - 6 marks each)

1. Q11 Types of Crossing of Cheques.
2. Q12 Credit Control methods of RBI.
3. Q13 Banker's Lien.
4. Q14 Duties of Collecting Banker.

SECTION III - Q.3: Answer with reasons, attempt any two (12 Marks - 6 marks each)

1. Q15 A cheque is presented after 4 months from its date. The bank dishonours it. Is the bank justified?
2. Q16 A minor draws a cheque. Can the bank honour it? Explain.
3. Q17 A banker discloses customer information to a third party. Is it valid?
4. Q18 A cheque is materially altered without consent. What is the effect?

SECTION IV - Q.4: Long answer type questions, attempt any two (24 Marks - 12 marks each)

1. Q19 Discuss the role and functions of RBI.
2. Q20 Explain dishonour of cheque under the Negotiable Instruments Act.
3. Q21 Discuss the provisions relating to licensing of banks.
4. Q22 Explain types of negotiable instruments in detail.

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