Exam Details

Subject banking law
Paper
Exam / Course b.a. ll.b.
Department
Organization Hidayatullah National Law University
Position
Exam Date November, 2017
City, State chhattisgarh, raipur


Question Paper

I.D.
END TERM EXAMINATION, NOVEMBER 2017
B.A.LL.B. (HONS.)
SEMESTER-VII IX
Banking Law (Optional-I)
Max. Marks: 60 Time Allowed: 3:00 Hrs.
Note: Answer five questions including Question No. 1 which is compulsory. The number of marks carried by
each question is indicated at the end of the question.
1. Answer the following (each answer should be in approximately 100 words): (Marks 2×10=20)
a. What do you mean by banking business?
b. 'Deposit' as defined under the Reserve Bank of India Act, 1934.
c. What do you mean by Payment in due course?
d. How far the Banking Regulation Act, 1949 is applicable to Cooperative Societies?
e. Describe provisions relating to crossing of cheques.
f. Explain the legal norms for creation of reserve fund.
g. Explain Banker's Lien.
h. What do you mean by nationalization of banks?
i. What do you mean by Scheduled Bank?
j. Who may endorse on a negotiable instrument?
2. When can a person be said to have become a 'Customer' of the Bank? What are the essential
features of a Banker-Customer relationship? In what circumstances can a Banker disclose the state
of his customer's account to their parties? Discuss. (Marks 10)
3. Describe briefly the functions of the following financial institutions explaining how they help in
the economic development of the country: (Marks 2.5×4=10)
a. Export Credit Guarantee Corporation of India Limited
b. Agricultural Finance Corporation
c. Industrial Financial Corporation of India Limited
d. State Industrial Development Corporations
4. Discuss the position of a Collecting Banker as: (Marks 2.5×2
a holder for value
an agent of the customer
What is the statutory protection afforded to a Collective Banker (Marks 05)
5. Explain the role of Reserve Bank of India in relation to: (Marks
Licensing of Commercial Banks
Inspection of Banks
Control of Bank Credit
6. What are the provisions of the Reserve Bank of India, 1934 regarding the composition of the
Board of Directors? How are they removed from office and under what circumstances they can be
removed from office? Discuss. (Marks 10)
7. Define E-Banking. What are merits and demerits of E-Banking? What are the statutory protections
granted to the E-Banking system under the Information Technology Act, 2000? Discuss.
(Marks 10)



Subjects

  • administrative law
  • alternative dispute resolution
  • banking law
  • banking law (opt.-ii)
  • cg (hons.-ii)- judicial review
  • civil procedure code (cpc)
  • comparative criminal procedure
  • compensatory discrimination
  • competition law
  • constitutional governance-1
  • constitutional governance-ii
  • copyright
  • corporate finance
  • corporate law-ii
  • corporate reconstruction
  • corporate regulation
  • corporate tax
  • criminal justice system
  • criminal procedure code (cr. p.c.)
  • criminology & penology (opt.-ii)
  • criminology & penology (optional-1)
  • cyber law (opt.-ii)
  • cyber law (optional-1)
  • drafting, pleading and conveyancing
  • economics (minor): indian economy
  • economics (minor): law, poverty & development
  • english literature
  • environmental law
  • family law-i
  • family law-ii
  • federalism
  • fundamental rights & its enforcement
  • general english & legal language
  • geographical indications
  • indian economy
  • indian penal code (ipc)
  • indirect tax (optional-i)
  • indirect tax (optional-ii)
  • intellectual property rights
  • international commercial arbitration (opt.-ii)
  • international commercial arbitration (optional-1)
  • international commercial law
  • international investment law
  • international trade law
  • introduction to sociology
  • jurisprudence - i
  • jurisprudence-ii
  • labour law-i
  • labour law-ii
  • land laws
  • law of contract-ii
  • law of evidence
  • law of insurance (optional-i)
  • law of insurance (optional-ii)
  • law of torts
  • law, poverty & development (minor)
  • legal method
  • major political systems in the world
  • media & law (optional-i)
  • media & law (optional-ii)
  • nrit
  • patent
  • political science (major)- indian political system: institutional and political dynamics
  • political science (major): international relations
  • political theory (major)
  • political thought
  • principles of economics (minor)
  • principles of taxation law
  • professional ethics
  • public international law
  • public policy process
  • socio economics offences
  • sociological thought
  • sociology (minor)- indian society: structure & process
  • trade mark
  • transfer of property act
  • transnational crime and law
  • women & law (optional-i)
  • women & law (optional-ii)
  • wto