Master of Law (LL.M.) Group 2 Business Law Banking Laws 2019 Question Paper - Mumbai University | munotes

Questions asked in this paper

SECTION I - Printer's form 68583, footed Page 1 of 1. Attempt any four questions, all questions carry equal marks, cite relevant case laws wherever necessary (any four of six) 100 Marks

1. Q.1. Briefly discuss the main functions of Reserve Bank of INDIA with regard to the following -
   • (a) Regulation of Currency.
   • (b) Banker to the Government and Banker's Bank
   • (c) Bank rate.
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2. Q.2. (a) Explain the meaning of the term bank State the main functions of the bank regarding lending of money and accepting deposits from the public.
   • (b) Discuss the main functions of Banking Regulation Act, 1949, regarding Licensing of Banking Companies and Power of Bank to acquire undertakings.
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3. Q.3. Discuss the legal implications of recovery of money lent to borrowers. State the precautionary measures to be adopted by the banks prior to sanctioning of loans.
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4. Q.4. Discuss the relationship between banker and customer. State the protection available to the collecting banker under the Negotiable Instrument Act. Under what circumstances the relation between the banker and customer is terminated.
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5. Q.5. State the provisions relating to winding up of banking companies under Banking Regulation Act. What kind of systematic measures should be adopted for preventing winding up of Banking Companies.
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6. Q.6. Write notes on any three of the following -
   • (a) Privileges of Holder in Due course.
   • (b) Presentment for Acceptance and Payment.
   • (c) Legal Perspectives of Automation.
   • (d) Automatic Teller machine and use of internet.
   • (e) Banker's Right to claim over securities and set off.
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SECTION II - Paper Subject Code 70508, printer's form 80008. Answer any four questions, all questions carry equal marks, support the answers with relevant case laws and sections (any four of seven) 100 Marks

1. 1. Discuss the Organisational Structure of Reserve Bank of India, its Role and Functions.
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2. 2. Explain the Impact of Nationalization and Privatization of Bank.
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3. 3. Discuss the provisions relating to winding up of Banking Companies under the Banking Regulation Act. What measures can be adopted for preventing winding up of Banking Companies?
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4. 4. Explain in detail the principles of sound leading Policies followed by the Banks ?
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5. 5. State the Salient features of Negotiable Instrument Act, 1881 and Analyse the recent Amendments carried out in the Negotiable Instrument Act ?
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6. 6. Analyse the emerging trend of Information Technology used in Banking Sector ?
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7. 7. Write Short Notes on :
   • (i) Debt Recovery Tribunal
   • (ii) Internet and Phone Banking
   • (iii) Duties of Banker towards Bank's Customer
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