LLM Group 2 Business Law Banking Laws 2024-25 Question Paper - Mumbai University | munotes

Questions asked in this paper

SECTION I - Paper Subject Code 70508, printer's form 86177. Answer any 4, all questions carry equal marks, cite relevant case laws as required (any four of seven) 100 Marks

1. Q1. Examine the statutory framework within the RBI Act that empowers the Reserve Bank of India to formulate and implement monetary policy. Analyse the tools and techniques available to the RBI and discuss their effectiveness in achieving macroeconomic stability.
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2. Q2. Discuss the different types of negotiable instruments recognized under the Negotiable instruments Act 1881. Explain their specific features, presumptions and legal implications associated with each type, highlighting their distinct roles in commercial transactions.
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3. Q3. Analyse the statutory powers vested in the Reserve Bank of India for the regulation and supervision of the banking sector in India under the RBI Act. Evaluate the effectiveness of these powers in maintaining financial stability and protecting depositors' interests
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4. Q4. Explain in detail historical growth and development of banking system and governance in India
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5. Q5. Describe in detail the essence of contract between banker and customer. Elucidate the relationship between banker and customer. Critically analyse their rights and duties.
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6. Q6. Write Explanatory notes on the following
   • (a) Powers and functions of National Bank for Agriculture and Rural Development
   • (b) Holder and Holder in due Course
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7. Q7. Short notes on any two
   • (a) Disinvestment
   • (b) Recent trends of Banking System in India
   • (c) Suspension and winding up of Banking Companies
   • (d) Bank rate policy
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