BANKING LAW

Consolidated List of Long Questions

Consolidated by: Deepak Tongli

DECEMBER- 2012
Sl. No Questions
01 Discuss the functions of Commercial Banks in India
02 Explain the salient features of Banking Regulation Act, 1949.
03 Discuss the ways by which Banker can make profitable uses of funds with him.
04 Discuss the advantages of advances secured by collateral securities.
05 Define Cheque. Distinguish cheque from Bill of Exchange
06 Define Holder and Holder in due course. Are there any differences between them?
07 Explain the term Customer. State the relationship between Banker and Customer
Banker’s obligation to maintain the secrecy of customer’s data is not absolute.
08
Comment.
State the nature of relationship between Banker and a customer in regard to a safe
09
deposit vault.
Discuss the provisions relating to establishment of office of Banking Ombudsman
10
Scheme 2002

JUNE – 2013
Sl. No Questions
11 Discuss the powers of RBI under the Banking Regulation Act, 1949.
12 Write an explanatory note on the functions of Commercial Bank of India.
Discuss pros and cons of accepting Guarantee as Security for bankers advance. Would
13
you like to suggest remedies for apparent drawbacks?
What type of documents of the title to goods can be accepted by banker as security for
14
loan. What precaution he has to take?
Explain the rules relating to presentment Bill of Exchange. When Presentment
15
unnecessary?
16 What is Crossing Cheque? What are the different types of crossing a cheque?
17 Define Customer. Discuss the special relationship between a banker and customer
18 Comment on Banker’s obligation to maintain the secrecy of the customer’s account.
State the nature of relationship between Banker and a customer in regard to a safe
19
deposit vault.
20 Explain Ancillary Services and E-Banking Remittances

DECEMBER- 2013
Sl. No Questions
Critically examine the contributions of Regional rural Banks in promoting Rural
21
Economy.
22 Discuss the management and functions of R.B.I.
23 Explain the objectives and features of Securitisation Act, 2002
24 Explain the precautions to be taken by a banker while lending against goods
25 Define Cheque and explain the different kinds of crossing the cheque and its effects.
26 Who is a Holder? Explain the rights of a holder in due course.
“Bankers duty of secrecy is not absolute.” Explain when the disclosure of account is
27
justified.

Consolidated by: Deepak Tongli, Law Student

 Discuss the various precautions to be taken by a banker while opening and operating
account of
28 a) Agent
b) Married woman and
c) Partnership Firm.
29 Explain the various E-banking services.
30 Explain the powers of Banking Ombudsman

JUNE - 2014
Sl. No Questions
31 Discuss Origin and Evolution of Banking Institution in India
32 Explain the functions of R.B.I
What do you mean by gilt-edged securities? What are the advantages and
33
disadvantages of these securities?
34 Explain the priority sectors of Credit Guarantee Schemes
What is Negotiable Instrument? What are the kinds of Negotiable Instruments? How
35
Negotiable Instruments are different from Transferable Instruments.
36 What is Endorsement? Explain the different kinds of Endorsement.
37 Who is a Banker? Explain General Relationship of Banker with his Customer.
Discuss the precautions to be taken by the Banker while opening a new account by
38
Joint Stock Company and Minor.
39 Write an explanatory note on Anciliary services of a Banker
40 Discuss Powers and Functions of Banking Ombudsman.

DECEMBER – 2014
Sl. No Questions
Explain the functions of Commercial Banks. Examine the recent trends in the
41
functioning of Commercial Banks in India.
42 Describe the role of Reserve Bank of India in the economic development of the country.
43 Explain the Objectives and features of Securitization Act, 2002
44 What is Endorsement? Explain the different types of Endorsement.
45 Discuss Banker’s obligation to maintain the secrecy of the customer’s account.
What precautions should a banker take in opening new bank account in the name of
46
Minor and Company?
47 Discuss the power and functions of Banking Ombudsman.

JUNE – 2015
Sl. No Questions
48 Explain the functions of R.B.I
49 Explain the salient features of Banking Regulation Act, 1949.
50 Explain the precautions to be taken by a banker while lending against goods
51 What is Endorsement? Explain the different kinds of Endorsement.
“Bankers duty of secrecy is not absolute.” Explain when the disclosure of account is
52
justified.
Define Holder and holder in due course. What are the privileges of Holder in due
53
course?
54 Who is Paying Banker? State the statutory protections available to paying banker.

DECEMBER – 2015
Sl. No Questions
55 Discuss briefly the functions of R.B.I along with its promotional role.

Consolidated by: Deepak Tongli, Law Student

 What are the activities (businesses) permitted by Banking Regulation Act, 1949 to be
56
taken by the Banker?
57 Explain the general principles relating to Secured Loan.
58 What is Endorsement? Explain the different kinds of Endorsement.
59 Who is a Banker? Explain General Relationship of Banker with his Customer.
What precautions should a Banker take in opening a new bank account in the name of
60
Partnership and Trust?
61 Briefly explain the Customer’s duty towards his Banker.

JUNE – 2016
Sl. No Questions
62 Discuss the functions of Commercial banks in India.
63 Discuss the Banker’s obligation to maintain the secrecy of the customer account.
64 What is Endorsement? Explain the different kinds of Endorsement.
65 Explain the precautions to be taken by a banker while lending against goods.
66 Examine the grounds on which the Banking Ombudsman may reject the complaint.
67 Define Cheque. Distinguish cheque from Bill of Exchange
68 Who is Paying Banker? State the statutory protections available to paying banker.

DECEMBER – 2016
Sl. No Questions
69 Discuss the various types of Banks along with their functions.
70 Discuss the power of RBI under Banking Regulation Act, 1949.
71 Explain the precautions to be taken by a banker while lending against goods.
72 Define Cheque and explain the different kinds of crossing the cheque and its effects.
“Bankers duty of secrecy is not absolute.” Explain when the disclosure of account is
73
justified.
What precautions should a banker take in opening new bank account in the name of
74
Minor and a Married Woman?
75 What are Ancillary Services of a Bank?

JUNE – 2017
Sl. No Questions
76 Explain the functions of Commercial Bank
77 Explain the functions of RBI and discuss its supervisory role.
78 Explain the general principles relating to secured loan.
79 Define Cheque. How it differs from a Promissory Note?
80 Who is Customer of a Bank? Explain the relationship between Banker and Customer.
81 Explain the various trends of E-banking services.
82 Discuss power and functions of Banking Ombudsman.

DECEMBER – 2017
Sl. No Questions
83 Explain the functions of Reserve Bank of India.
84 Discuss the ways by which Banker can make profitable uses of funds with him.
85 What is Endorsement? Explain the different kinds of Endorsement.
86 Explain General Relationship of Banker with his Customer
87 What precautions should a banker take in opening a new accont.
88 Explain the banker’s duty to honour the customers cheques.
89 Examine the grounds on which the Banking Ombudsman may reject the complaint.

Consolidated by: Deepak Tongli, Law Student

 JUNE – 2018
Sl. No Questions
90 Explain the functions of Commercial Bank
91 Discuss the relationship between Banker and the Customer
92 Explain the main features of Banking Regulation Act, 1949.
What are the precautions to be taken by a banker while lending against the security of
93
goods? Explain
Define Bill of Exchange. State the distinctions between bill of exchange and promissory
94
note.
95 Define Endorsement. Briefly explain its types.
96 Explain E-Banking System in India.

DECEMBER – 2018
Sl. No Questions
97 Explain the functions of RBI
98 Discuss Banker’s obligation to maintain the secrecy of the customer’s account.
What are the activities permitted by Banking Regulation Act, 1949 to be taken by the
99
Banker? Explain.
Explain the sound principles of banking and lending. What are the general precautions
100
of lending?
101 What is Endorsement? Explain the different kinds of Endorsement.
What are the precautions to be taken by the banker while lending against immovable
102
property? Explain.
103 Explain Ancillary Services of a Bank.

JUNE – 2019
Sl. No Questions
104 Discuss Origin and Evolution of Banking Institution in India.
105 Examine the various controls of RBI over Commercial Banks.
106 Explain the objectives and features of Securitisation Act, 2002
Who is a customer of a bank? Discuss the general Relationship between banker and
107
customer.
108 Define Cheque. How it differs from bill of exchange and promissory note?
109 What is indorsement? Explain its various types.
110 Explain the various trends in E-banking services.

DECEMBER – 2019
Sl. No Questions
111 Discuss the functions of Commercial Banks in India.
112 What is Endorsement? Explain different types of Endorsements.
113 Explain the precautions to be taken by the banker while lending on hypothecation.
114 Narrate the rights of the Banker.
115 Who is holder in due course? Explain the privileges of Holder in due course
116 Explain the banker’s duty to honour the customers cheques.
117 Explain the various trends in E-banking services.

Consolidated by: Deepak Tongli, Law Student