Alagappa University 2007 B.Com BANKING THEORY, LAW AND PRACTICE - Question Paper

DISTANCE EDUCATION
B.Com. (Computer Applications) DEGREE EXAMINATION, DECEMBER 2007.
Commerce


BANKING THEORY, legal regulations AND PRACTICE


(2005 onwards)
Time : 3 hours Maximum : 100 marks

part A — (5 ? eight = 40 marks)
ans any 5 of the subsequent ques..


1. What are the advantages of unit banking?
2. Explain the role of commercial banks in the Indian money market.
3. Bring out clearly the difference ranging from right off set off and banker's lien.
4. State the features of Fixed Deposit Receipt. What is the position of a customer in case of Fixed Deposit Receipt?
5. Describe the privileges of a Holder in due course.
6. State the significance of ‘Account Payee’ crossing and ‘Not Negotiable Crossing’.
7. ‘‘Entries made in the Passbook by the banker constitute an unquestionable record of transactions ranging from banker and customer'’. explain this statement.
8. What are the various forms of advances?


part B — (4 ? 15 = 60 marks)
ans any 4 of the subsequent.


9. Describe the credit control measures of a central bank.
10. Discuss the role played by private sector banks in the economic development of India.
11. Explain the various components of a money market and their function.
12. Discuss the general relationship ranging from a banker and his customer. Illustrate your ans with reference to a current account and a loan account.
13. Describe the precautions a banker should take while opening account in the name of a Joint stock company.
14. Explain the various types of endorsements with examples.
15. Under what circumstances is a banker justified in refusing payment of cheques drawn upon him? What risks does he run in case of unjustified dishonour?

Earning:   Approval pending.