B.B.A. (Banking) PRACTICE AND LAW OF BANKING — I

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B.B.A. (Banking) DEGREE EXAMINATION, MAY 2018.

PRACTICE AND LAW OF BANKING — I

Time : Three hours Maximum : 100 marks
PART A — (5 x 8 = 40 marks)

Answer any FIVE questions.
1. What is Garnishee order? What are its kinds?

2. What are the benefits and purposes of a 'Letter of Introduction'?

3. Explain the essential features of a negotiable instruments.

4. Define crossing. What are the objectives of crossing a cheque?

5. What are the precautions to be taken by a banker while taking 'Minor' as a customer?

6. Mention the special features of a current account.

7. Write short notes on :

 (a) Traveller's cheques
 (b) Merchant banking.

8. Discuss the various kinds of endorsements.

PART B — (4 x 15 = 60 marks)
Answer any FOUR questions.

9. Explain the relationship between banker and customer.

10. Differentiate between a holder and a holder in Due course.

11. When the banker must refuse payment of a cheque?

12. State the precautions to be taken by the banker while dealing with a Lunatic, Drunkard and
Illeterate.

13. Discuss in detail the different types of accounts opened and operated by a bank.

14. Explain the legal aspects of entries in the Pass Book.

15. Write short notes on :
 (a) Letter of credit
 (b) Credit cards
 (c) Carrying outstanding instructions.

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