CAUVERY COLLEGE FOR WOMEN (AUTONOMOUS), TRICHY – 18

CONTINEOUS INTERNAL ASSESSEMENT – II, MARCH 2024

BANKING THEORY LAW AND PRACTICE
Class: I B.Com- A,B,C & D Max. Marks: 50 Marks
Code: 22UCO2AC2 Time : 2 hours
SECTION A
Answer All the Questions: (10x1=10)
Choose the Best Answer:
1. A mortgage is one popular type of secured loan. (CO1, K1)
A) Mortgage B) Credit and debit C) Personal loan D) Concessional loans
2. A pledge can be made in respect of_____________. (CO1, K1)
A) Shares B) Buildings C) Book debts D) Credit
3. Poor e-banking planning is connected with _________ (CO1, K1)
A) Strategic risk B) Legal risk C) Market risk D) None of these
4. Which card is known as check card? (CO1, K1)
A) Debit card B) Credit card C) both of the above D) none of these
5. IMPS is managed by _________ (CO1, K1)
A) RBI B) NPCI C) SBI and NPCI D) RBI and NPCI
Fill in the blanks
6. __________ is also given by discounting of bill of exchange. (CO1, K1)
7. Businessmen prefer________. (CO1, K1)
8. Digital cash also called as________. (CO1, K1)
9. ______ is simply the use of electronic means to transfer funds directly from one account to
another, rather than by cheque or cash. (CO1, K1)
10. The first four alphabetic characters of an IFSC code represents___________. (CO1, K1)

SECTION – B
Answer ALL the Questions ( 4X5=20)
11a). Explain the features of E-banking. (CO2, K3)
(OR)
b). Discuss the types of EFT briefly. (CO2, K3)
12a). Distinguish between pledge and mortgage. (CO2, K3)
(OR)
b). What is lien? What are its types? (CO1, K3)
13a). List down the rights of a pledge. (CO1, K2)
(OR)
b). State the characteristics of mortgage. (CO1, K3)
14a). Describe about electronic payment system. (CO3, K3)
(OR)
b). Explain the loan procedure followed by bank. (CO2, K3)

SECTION-C

Answer ANY THREE Questions (2x10=20)

15. Explain the principles that guide a banker in granting loans and advances. (CO4, K3)
16. What is ATM? How it is functioning? Discuss its merits and demerits. (CO2, K3).
17. Analyse the advantages and disadvantages of E-banking. (CO5, K4)
18. Describe about electronic payment system. (CO4, K4)
19. Explain the various forms of advances. (CO4, K4)