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Banking Law including Negotiable Instrument Act 2022 Question Paper

Chaudhary Charan Singh University · LLB · Banking Law including Negotiable Instrument Act · 13 questions

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Questions in this paper

A

Section A

Very Short Answer Questions

5 Q
  1. 1What is a garnishee order?
  2. 2Dishonour of a bill of exchange by non-acceptance.
  3. 3Define 'payment in due course'.
  4. 4Parties to negotiable instruments.
  5. 5Describe the organizational structure of RBI.
B

Section B

Short Answer Questions

3 Q
  1. 6What are the salient features of Foreign Exchange Management Act, 1999?
  2. 7Discuss the special relationship between a bank and its customer.
  3. 8Discuss the modes of crossing of a cheque and significance of non-negotiable crossing.
C

Section C

Detailed Answer Questions

5 Q
  1. 9What is the legal status and functions of Reserve Bank of India? Discuss.
  2. 10What does dishonour of cheque mean? What are its kinds? What are the essentials for an action u/s 138 of Negotiable Instruments Act?
  3. 11Define indorsement and its kinds. What will be the effect of forged indorsement? Discuss with relevant sections.
  4. 12What do you understand by a 'Holder' and 'Holder in due course'? How do you distinguish between the two? Explain.
  5. 13What do you understand by collecting banker? Discuss the duties and functions of collecting bankers.