M.B.A. DEGREE EXAMINATION, APRIL 2017
Second Semester
BANKING LAW
(2013 onwards)
Time 3 Hours Maximum 75 Marks
Part A x 3 15)
Answer all questions.
All questions carry equal marks.
1. Define a customer.
2. Outline the features of a current account.
3. Discuss the significance of crossing of cheques.
4. What are deferred payments?
5. Who is a 'Wilful Defaulter'?
Part B x 10 50)
Answer all questions, choosing either or
All questions carry equal marks.
6. What are bankers rights? List and explain each of
them.
Or
Examine the debtor creditor relationship in banks
and discuss its significance.
Sub. Code
632205
RW-042
2
Sp7
7. How are bank account opened? Why is introductory
reference important to open bank accounts?
Or
To what extent does an entry in the pass book bind
a a banker customer.
8. Distinguish between negotiability and
transferability of a negotiable instrument.
Or
Define a bill of exchange. What are the essentials of
a bill of exchange?
9. What is material alteration? How does it differ with
forgery?
Or
Discuss the position of a collecting banker as
a holder for value
an agent of his customer.
10. Critically evaluate SERFAESI act and its
implications to banking industry.
Or
Examine the major features of modern banking
laws and how they have impacted banking in India.
Part C x 10 10)
Compulsory
11. Your bank has issued a demand draft for Rs. on
your Chennai office in favour of M/s. B.B. Soans Co.
The draft is reported lost by them and a partner of the
payble firm, M/s. B.B. Soans Co requests you to issue a
duplicate draft. As a branch manager, how will you deal
with the matter?
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