M.B.A. DEGREE EXAMINATION, APRIL 2016
Second Semester
BANKING LAW
(2012 onwards)
Time 3 Hours Maximum 75 Marks
Part A 3 15)
Answer all questions.
All questions carry equal marks.
1. What is
2. What do you mean by nomination?
3. Define cheque.
4. What is endorsement?
5. What is meant by holder in due course?
Part B 10 50)
Answer all questions choosing either or
All questions carry equal marks.
6. Explain the relationship between the banker and
the customers as debtor and creditor.
Or
Define the terms 'banker' and 'customer'. Describe
the general and special relationships between
banker and customer.
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7. Explain various types of accounts.
Or
Discuss the legal position of a banker regarding
fixed deposits.
8. Differentiate holder for value and holder in due
course.
Or
Explain different kinds of crossing? Distinguish
between general and specific crossing.
9. Discuss the legal status of the collecting banker.
Or
Discuss various circumstances under which a
banker refuses to pay for a cheque.
10. Explain the provisions related to registration of
securitization companies or reconstruction
companies under SERFAESI Act.
Or
Discuss problems in implementing SERFAESI Act.
Part C 10 10)
Compulsory.
11. An open bearer cheque for Rs. 7,000 drawn by your
customer is presented for payment. The balance in his
account is Rs. 6,600. The presenter while talking to the
ledger keeper comes to know that the balance is short by
Rs. 500. He pays into the account Rs. 500 by a pay-in-slip
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and informs the ledger keeper about the credit and gets
his cheque for Rs. 7,000 passed. The drawer, when he
comes to know of this, complains to the manager and asks
for a refund of the sum of Rs. 7,000.
How will you as a banker deal with the situation?