LLM Group 2 Business Law Banking Laws 2023 Question Paper - Mumbai University | munotes
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Solved paper All 7 questions answered in full Exam-ready answers, the reasoning behind each one, and what the examiner is looking for. Open the solutionsSECTION I - Paper Subject Code 70508, printer's form 21040. Attempt any 4, all questions carry equal marks, cite relevant case laws wherever required (any four of seven) 100 Marks
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Q.1. State the objective behind growth of multifunctional banks and issues faced by them.Read the model answer
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Q.2. Explain the important functions of Reserve Bank of India.Read the model answer
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Q.3. Define the term cheque. Explain its types. Discuss in detail its characteristics and types of crossing.Read the model answer
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Q.4. Classify and explain the good lending principles followed by banks.Read the model answer
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Q.5. Discuss legal relationship between between banker and customerRead the model answer
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Q.6. Explain the following -
- (a) Nationalization of banks.
- (b) Rights of holder and holder in due course.
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Q.7. Write notes on any three -
- (a) ATM and use of internet banking.
- (b) Suspension and winding of banking company
- (c) Essentials of a valid promissory note
- (d) Inchoate Instruments
- (e) Bank rate policy
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