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Annamalai University B.A LL.B Dec 2008 " 220. BANKING LAW AND PRACTICE Question paper
-25. Describe the recent trends of commercial banking in India. 6. What steps should a banker take i) to open an account of a partnership firm and ii) to close the account of an undesirable customer? 7. What do you understand by ‘Letter of credit’? What is its significance in the financing of foreign trade? Explain the Liability of the banker issuing a letter of credit. 8. Explain the different types of shipping documents used in Import and Export trade. 9. Describe the innovative customer services offered by modern commercial banks. Register Number: Name of the Candidate: 5303 B.B.L DEGREE EXAMINATION, 2008 (PART-III) (PAPER –IV) 220. BANKING LAW AND PRACTICE Dec.) Maximum: 100 Marks Answer any SIX questions. All questions carry equal marks. (Time: 3 Hours ****** 1. What is the relationship between a banker and his customer? Discuss the special features of this relationship. 2. Comment on the banker’s obligation to maintain secrecy of customer’s account. 3. Explain the difference between current, savings and Fixed deposit accounts? 4. Discuss the various fields of investment of a commercial bank. What are the criteria which a banker has to keep in view in the utilisation of funds?
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