File Details:

{"file_name":"llb-5-sem-banking-law-llb504-set-a-jul-2022.pdf","subject":"Banking Law","exam_year":"July 2022","language":["English","Hindi"],"time_allocated":"1 Hour 30 Minutes","maximum_marks":100}

Questions:

  1. What is the meaning of the term 'Bank'?
  2. Which section of the Banking Regulation Act 1949 defines banking?
  3. Under which schedule of RBI Act are scheduled banks mentioned?
  4. What is the enactment date of the Banking Regulation Act 1949?
  5. Where did the banking system originate?
  6. What is the date of nationalization of Indian banks?
  7. How many banks were nationalized in the first instance?
  8. What is the enforcement date of the Banking Regulation Act 1949?
  9. Which activity is not considered a function of a bank?
  10. Who gave the Duration Theory?
  11. What relationships can exist between bankers and customers?
  12. What does the term 'Banker's Right to Lien' signify?
  13. Under which law is the Banker's Right to Lien governed?
  14. What is the origin of the term 'Bancus'?
  15. Which type of account is not recognized?
  16. What is the year of the Reserve Bank of India Act?
  17. What is the year of the Banking Companies Act?
  18. What is the Act number of the Reserve Bank of India Act 1934?
  19. What is the meaning of the term 'Bancus'?
  20. What is the enactment date of the Reserve Bank of India Act 1934?
  21. How many sections are there in the Reserve Bank of India Act?
  22. How many schedules are there in the Reserve Bank of India Act?
  23. Which section of the Reserve Bank of India Act deals with provisions related to its capital?
  24. Which section of the Reserve Bank of India Act relates to the composition of its central board?
  25. What is the year of the Foreign Exchange Management Act?
  26. How many sections are there in the Banking Regulation Act 1949?
  27. How many schedules are there in the Banking Regulation Act 1949?
  28. What is the year of the Negotiable Instrument Act?
  29. What is the enactment date of the Negotiable Instrument Act?
  30. What is the minimum period for which a Promissory Note can be drawn?
  31. Which section defines 'Banker' in the Negotiable Instrument Act?
  32. Under which section is 'Promissory Note' defined in the Negotiable Instrument Act?
  33. What form can a Promissory Note take?
  34. What characterizes a Promissory Note?
  35. What is the nature of a Promissory Note?
  36. How many chapters are there in the Negotiable Instrument Act?
  37. Which item is not recognized as a Negotiable Instrument?
  38. Which items are recognized as Negotiable Instruments?
  39. Which section relates to the case Akbar Khan vs Atar Singh?
  40. Under which section is the 'Bill of Exchange' defined?
  41. How many parties are required for a Bill of Exchange?
  42. Which case relates to Mesan vs Lake?
  43. What form can a Bill of Exchange take?
  44. Who is the creator of a Bill of Exchange?
  45. Under which section is 'Drawer' defined?
  46. Under which section is the term 'Drawee' defined?
  47. Under which section is 'Drawee in case of need' defined?
  48. Who can accept a Bill of Exchange?
  49. How many sections are there in the Negotiable Instrument Act?
  50. Under which section is 'Holder' defined?
  51. Under which section is 'Cheque' defined?
  52. When is a cheque payable?
  53. What types of cheques exist?
  54. What does 'Holder in Due Course' mean as defined under the Act?
  55. What form can a cheque take?
  56. Under which section is endorsement by Holder in Due Course defined?
  57. Which section defines 'Ambiguous Instrument'?
  58. Under which section is 'Inchoate Stamped Instrument' defined?
  59. Who can make a Negotiable Instrument?
  60. Under which section is 'Negotiable Instrument' defined?
  61. Under which section is 'Foreign Instrument' addressed?
  62. When is an instrument considered negotiated?
  63. Under which section is negotiation defined?
  64. What section addresses unlawful means for obtaining instruments?
  65. How can negotiation occur?
  66. Under which section is negotiation by endorsement given?
  67. What section details the effect of endorsement?
  68. Who may endorse an instrument?
  69. Which section defines 'Indorsement in Blank'?
  70. What does 'Indorsement in Blank' signify?
  71. Which section defines endorsement in full?
  72. What characterizes an endorsement as being 'in full'?
  73. Which section relates to sans recourse endorsement?
  74. Which case relates to Bhandari vs Punjab National Bank?
  75. Which section relates to discharge of endorser's liability?
  76. Which section relates to liability of drawer?
  77. Which section relates to liability of drawee of cheque?
  78. Which chapter of the Act addresses penalties for dishonor of cheque?
  79. Under which section is dishonor of cheque for insufficient funds addressed?
  80. What types of cheques are recognized?
  81. Under which section is generally crossed cheque defined?
  82. Which section defines specially crossed cheque?
  83. Which section relates to non-liability of banker receiving payment of cheque?
  84. How much imprisonment may be given for dishonor of cheque?
  85. In which section is the term 'electronic form cheque' defined?
  86. What obligations exist for notices related to dishonored Promissory Notes?
  87. What defines a Promissory Note with payments due for sums owed?
  88. What is mens rea's role in determining liability for dishonored cheques?
  89. What is the timeline for presenting cheques to the bank under section 138?
  90. Is dishonor of cheques a compoundable offense?
  91. Who is entitled to file complaints related to dishonored cheques?
  92. What is the notice period under section 138 for dishonored cheques?
  93. How many days after notice do actions arise for dishonored cheques?
  94. What defines company liability under section 141?
  95. Which court is empowered to try offenses for dishonored cheques?
  96. Who is liable under section 141?
  97. Which section relates to summary trials for offenses?
  98. Which section defines offenses as compoundable?
  99. Which section of CrPC applies to trials under section 138?
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