B.Com. III (Semester VI) (CGPA) Examination, 2018
advanced banking (Paper
Law and Practice of Banking in India
Day and Date Friday, 7-12-2018 Max. Marks 70
Time 2.30 p.m. to 5.00 p.m.
Instructions All questions are compulsory.
Right side marks indicate full marks.
1. Choose the correct alternative from given alternatives 14
The directors of public banks are appointed by Govt.
State Central
Local None of these
is the bailment of goods as security for the payment of debt
or performance of a promise.
Pledge Mortgage
Assignment None of these
Co-operative banks were brought under banking regulation
amendment Act.
1960 1970 1965 None of these
The directors of private banks are appointed by
Central Govt. State Govt.
Share holder None of these
is the efficiency of bank to satisfy the demand of the depositors.
Security Profitability
Liquidity None of these
Overdraft facility is provided to account holder.
Fixed Current
Recurring None of these
minimum capital is required for the establishment of local area
bank.
5 crores 10 crores 1 crore 20 crores
To honour the cheque is always risky for paying bank.
Ante dated Post dated
Crossed cheque Open cheque
A collecting banker is given protection only when he collects
A crossed cheque An order cheque
A bearer cheque Mutilated cheque
10) Indian Banking Regulation Act was passed in
1950 1955 1960 1949
11) Honouring a cheque is a obligation of Commercial Bank.
Contractual Statutory General Banking
12) The safest form of crossing is
General crossing Special crossing
Double crossing Only A/c pay crossing
13) is a principal officer of a bank.
General manager Regional manager
Branch manager None of these
14) The activities of commercial banks are controlled by bank in
India.
SBI RBI
Land development bank None of these
2. Write answer 14
State the qualities of General manager.
Explain in brief the rights of the branch manager.
3. Write short notes 14
Conversion by collecting bank.
Hypothecation.
4. Write answer (any one) 14
Explain the statutory protection granted to a collecting banker in India.
State the amendment of Banking Regulation Act of 1949 after 1980 in India.
5. Write answer (any one) 14
Explain various forms of advances.
Explain the merits and demerits of mortgage.