NEP B.com II Sem Law & Practice of Banking

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Reg. No.

1 |il|] 11ililil1ilililililililtil!ililil[]il ilililt BCMCMCN 204

Second Semester B.Com. Examination, July/August 2023


(NEP - 2O2O) (2021 - 22 Batch Onwards)
LAW AND PRACTTCE OF BANKTNG (DSCC)

Time : 2 Hours Max. Marks : 60

SECTION _ A
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Answer any five questions : (2x5=10)


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1. Define the term banking as per Banking Regulation Act.


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2. What is meant by cheque truncation system ?


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3. What is QR Code (Quick Response Code) ?


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4. Who is a collecting banker ?

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5. What is meant by crossing of a cheque ?


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6. What is a credit card ?


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P.T.O.

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7. What is crypto currency ?


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B. What is meant by selective credit controls ?


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SECTION _ B
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Answer any four questions : (4x5=20)


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9. What are the agency services of Commercial Banks ?


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10. Explain banker's obligation to maintain secrecy of his customers account, with
exceptions.
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1 1. Write a note on ECS.


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12. What are the merits and demerits of internet banking ?


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13. Write a note on Digital Wallet.


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14. Define a cheque. Explain the essential features of a cheque.


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SECTION _ C
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Answer any two questions : (2x15=30)


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15. Explain the primary functions of a commercial bank.


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16. Explain the traditionalfunctions of Reserve Bank of lndia.


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17. Explain liquidity, safety and profitability as important principles of bank lending.
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18. Explain the precautions to be taken by a banker while opening amunt wilh
a) Joint Account Holders
b) Joint Stock Company

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