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Sunday, February 17, 2019

Gauhati University QuestioAn Papers:MODERN BANKING PRACTICES (May-June’ 2015)

Gauhati University Question Papers
Full Marks: 80
Time Allowed: 3 hours
Answer either in English or Assamese
The figures in the margin indicate full marks for the questions
1. Choose the correct answer:                                                   1x10=10

a)      The relationship between a banker and customer is –
1)         That of a debtor and creditor.
2)         That of creditor and debtor.
3)         Primarily that of debtor and creditor.
b)      To constitute a person as a customer –
1)         There must be frequency of transaction.
2)         There must be of a banking transaction.
3)         There must be sort of an account.
c)       The balance of a joint account in the name of x, y and z should be paid by the bank on the death of x –
1)         To the legal representative of x.
2)         To y and z.
3)         Legal representative of x, y and z.
d)      In the case of negotiable instrument which person generally gets a good title –
1)         Finder of the lost instrument.
2)         Holder of stolen instrument.
3)         Holder in due course.
e)      The reasonable period allowed in India for presentation of a cheque is –
1)         1 year.
2)         9 months.
3)         3 months.
f)       The safest form of crossing –
1)         General crossing.
2)         Special crossing.
3)         A/c payee crossing.
g)      A collecting banker is given statutory protection only when he acts as –
1)         A holder.
2)         A holder for value.
3)         An agent.
h)      A banker’s lien is –
1)         General lien.
2)         Particular lien.
3)         Negative lien.
i)        Which of the following market is known as short term loan market?
1)         Call money market.
2)         Treasury bill market.
3)         Money market.
j)        The biggest constraints in E-banking is –
1)      Start up cost.
2)      Trading cost.
3)      Security cost.
2. Answer any five of the following:                                        2x5=10
a)      Define the term ‘banker’ as per Banking Regulation Act, 1949.
b)      Give the meaning of E-banking.
c)       Define Non-Performing Asset.
d)      Who is known as collecting banker?
e)      What is bank balance Sheet?
f)       What is crossing of a cheque?
g)      Name any four negotiable instruments.
h)      What is garnishee order?
3. Answer any four questions of the following in about 200 words each:                                                5x4=20
a)      Explain the basic principles of commercial banking.
b)      Discuss the procedure of opening a bank account in the name of partnership firm.
c)       Briefly explain the different forms of banking system.
d)      Differentiate between a cheque and a bank draft.
e)      What are the special features of banker’s lien?
f)       Discuss the meaning and significance of liquidity.
g)      State the modern functions of a bank.
4. Answer any four of the following questions in about 600 words each:
a)      Discuss the rights of banker relating to                                           5+5=10
1)      Right to set-off.
2)      Appropriation of payment.
Explain the circumstances under which the banker-customer relationship terminates.                            10
b)      What is private sector bank? Distinguish between public sector bank and private sector bank.            2+8=10
c)       Discuss the different types on loans granted by a banker to a customer.                        10
d)      Write notes on (any two):                    5x2=10
1)      Doubled crossing.
2)      Capital adequacy norm.
3)      Hypothecation.
4)      Banker’s Book Evidence Act
e)      Mention the statutory protection granted to the collecting banker under the Negotiable Instrument Act, 1881. 10
f)       Define endorsement. What are the different kinds of endorsement? Discuss the requisites of a valid endorsement.                                   2+4+4=10
g)      Discuss the sound investment principles of a bank.                  10


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