CCSU LLB - Banking Law Including Negotiable Instruments Act - 2018 - Old Question Papers

LLB 4th Semester Examination - 2018

Banking Law Including Negotiable Instruments Act

(K-4003)

Section A

Note: Attempt all questions. Each question carries 4 marks

1. Define Payment in Due Course.

2. What are the main characteristics of Promissory Note?

3. What are government securities? Illustrate.

4. Industrial Reconstruction Bank of India.

5. Banking company.

Section B

Note: Attempt any two questions. Each question carries 10 marks

6. Discuss briefly the different kinds of letters of credit. Which may be issued by bank?

7. Discuss the liabilities of a surety.

8. What is meant by 'Clearing House'? Explain its working.

Section C

Note: Attempt any three questions. Each question carries 20 marks

9. Discuss briefly the legal status and functions of the Reserve Bank of India. In what manner the Reserve Bank can control the inflation and price rise in the economy?

10. Define 'Bill of Exchange'. What are its characteristics? Describe the different kinds of Bills of Exchange.

11. The basic law regarding formation and regulation of Banking Companies in India is contained in the Banking Companies Act 1949 and Banking Regulation Act 1949. Outline briefly the main features of these two Acts.

12. What is priority lending? Discuss.

"13. What do you mean by Holder and Holder in Due Course? How do you distinguish between the two? Explain.

Or

Discuss the recommendations of R. Ghandhi committee on Urban Co-Operative Bank."