Management of Information Systems BANKING LAW AND PRACTICE Question paper

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Management of Information Systems BANKING LAW AND PRACTICE Question paper


BANKING LAW AND PRACTICE

Time : Three hours Maximum : 100 marks
PART A — (5 ? 8 = 40 marks)
Answer any FIVE questions.
Each answer should not exceed 1 page.
1. Analyse the factors responsible for nationalisation of commercial banks.
2. What are the kinds of Banker's lien?
3. Explain clearly the rule in Clayton is case.
4. Explain the circumstances when a banker can close the account of his customer?
5. What precautions should a banker take while opening an account in the name of a partnership firm?
6. Explain the principles that guide the banker in granting loans and advances.
7. Distinguish between cheque and promissory note.
8. What is endorsement? What are the different kinds of endorsements?
PART B — (4 ? 15 = 60 marks)
Answer any FOUR questions.
Each answer should not exceed 5 pages.
9. Discuss the role of commercial banks in India.
10. "The relationship between a banker and a customer is primarily that of a debtor and creditor"-Discuss.
11. What are the different types of accounts which can be maintained in a bank?
12. What steps should be banker take to close the account of an undesirable customer?
13. Define crossing. Explain the different types of crossings.
14. What precautions should a paying banker take in making payment in cheque?