Banking Question Paper 2023 [Gauhati University BCOM 5th SEM CBCS Pattern]

Banking Question Paper 2023 
[Gauhati University BCOM 5th SEM CBCS Pattern]

COMMERCE (Honours Elective)

Paper: COM-HE-5046

(Banking)

Full Marks: 80

Time: 3 hours

The figures in the margin indicate full marks for the questions.

1. (A) Choose the most appropriate answer to the following questions:   1x5=5

(a) In which year Regional Rural Bank Act was passed?

(i) 1934.

(ii) 1955.

(iii) 1969.

(iv) 1976.

(b) Who issues the Garnishee Order?

(i) Court.

(ii) RBI.

(iii) The Central Government.

(iv) Concerned State Government.

(c) Which of the following is not a liquid asset?

(i) Cash.

(ii) Money at call.

(iii) Bond.

(iv) Share.

(d) Which of the following is a party to a Bill of Exchange?

(i) Drawer.

(ii) Drawee.

(iii) Payee.

(iv) All of the above.

(e) The Provisions of the Banking Regulation Act, 1949 are not applicable in case of –

(i) SBI.

(ii) Nationalised Banks.

(iii) Private Sector Banks.

(iv) None of the above.

(B) State whether the following statements are true or false:                   1x5=5

(a) The issuing bank grants loan for every Transaction settled through credit card.

(b) The Integrated Ombudsman Scheme was introduced in the year 2021.

(c) A married woman is considered as a special type of bank customer.

(d) Crossing of a cheque is an example of material alteration.

(e) There are three parties in a promissory note.

2. Give brief answer to the following questions:                      2x5=10

(a) Define ‘Bank’.

(b) Write the meaning of the term ‘Bank Customer’.

(c) What is meant by the term ‘Liquidity of Assets’?

(d) Write the meaning of the term ‘endorsement’ in the context of a negotiable instrument.

(e) Classify the assets of a bank as per the guidelines of RBI.

3. Answer the following questions in about 200 words each: (any four)            5x4=20

(a) Write a short note on the powers of the RBI under the Banking Regulation Act, 1949.

(b) What are the different methods available for fund transfer under E-Banking system? Explain.

(c) What are the different types of account facilities available in a commercial bank?

(d) Explain briefly about the different types of credit facilities provided by a commercial bank.

(e) Discuss the basic features of a cheque.

(f) Explain the structure of commercial banks in India.

4. Answer the following questions in about 600 words each: (any four)        10x4=40

(a) Elaborately discuss about the major developments in the Indian banking sector during the post-Independence period.

Or

(b) Do you think that providing banking services in electronic mode is advantages for both the banker and customer? Justify your answer.

(c) Discuss the obligations of the banker towards his customer in the context of

(i) Honouring customers’ cheque and

(ii) Maintaining secrecy of customers’ account.                  5+5=10

Or

(d) What is meant by Crossing of Cheque? Explain briefly about the different types of crossing with their specimen.             2+8=10

(e) Differentiate between ‘Holder’ and ‘Holder in Due Course’. Also explain the privileges enjoyed by the Holder in Due Course.                   4+6=10

Or

(f) Discuss the provisions of the Banking Regulation Act, 1949 in regard to –

(i) Licensing of banks.

(ii) Constitution of the Board of Directors.                 5+5=10

(g) Discuss the procedure of opening savings bank account in ‘ONLINE’ and ‘OFFLINE’ mode.

Or

(h) Discuss the principles of sound lending followed by a commercial bank.

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