BANKING LAW

Consolidated List of Short Questions

Consolidated by: Deepak Tongli

DECEMBER- 2012
Sl. No Write Short Notes on
01 Types of Banks
02 R.B.I
03 Financing of Exports
04 Agency Services
05 Protection to Paying Banker
06 Noting and Protest
07 Banker’s Lien
08 Bankers right to set off
09 Travelers Cheque
10 Cyber Evidence

JUNE – 2013
Sl. No Write Short Notes on
11 IDBI
12 UTI
13 Advances to Priority Sectors
14 Special Banking Services
15 Dishonoring of Cheque
16 Assignment and Negotiation
17 Customer’s duties towards his banker
18 Bankers Lien
19 Bank Orders
20 Travellers Cheques

DECEMBER- 2013
Sl. No Write Short Notes on
21 SBI
22 Scheduled and Non Scheduled Banks
23 Priority sector advances
24 Financing of exports
25 Material alternation
26 Bills in sets
27 Banker’s rights to set off
28 Savings account and Current account
29 Credit Card
30 Travellers Cheques

JUNE - 2014
Sl. No Write Short Notes on
31 SBI
32 UTI (Axis Bank)
33 Securitisation Act, 2002
34 Special banking Services

Consolidated by: Deepak Tongli, Law Student

 35 Bills in Sets
36 Payment for Honour
37 Garnishee Order
38 Customer
39 Cyber Evidence
40 E-Banking

DECEMBER – 2014
Sl. No Questions
41 State Bank of India
42 Special Banking Services
43 A.T.M
Mr. Shankar couldn’t present the cheque received from his friend due to busy schedule. Period of limitation
44
is about to expire on a day which happens to be a public holiday. Advice Mr. Shankar
‘X’ and ‘Y’ maintain a Joint Savings Bank Account. ‘Y’ informs the bank that ‘X’ is dead and produces a
45 death certificate thereof ‘Y’ requests the banker for the payment to him of the balance in the account. What
would you do as a banker? Decide.
A customer of Canara Bank approaches another branch of the same bank for a Loan facility against F.D
46
receipt of Rs. 1,00,000.00 issued in his favour. Decide.

JUNE – 2015
Sl. No Questions
47 Promissory Note
48 Internet Banking
49 SBI
Ramesh couldn’t present the cheque received from his friend due to busy schedule. Period of limitation is
50
about to expire on a day which happens to be a public holiday. Advice Ramesh.
Krishnamurthy has given a cheque of Rs. 5000/- in the name of his minor son Srikanth. Can the banker
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honor the same?
ABC and D are partners in the X Firm. They informed the banker that B and C will operate the firm’s
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account. Can Banker honor the cheque signed by B and D?

DECEMBER – 2015
Sl. No Questions
53 Cyber Evidence
54 Paying Banker
55 Banking Ombudsman
“H” Signs an instrument in the following form: “I Promise to pay S or Order Rs. 1,00,000 on the marriage
56
day of S”. Is it a valid promissory note? Give Reasons.
“C” Instructs his Banker to buy certain debentures for him and asks the Banker to keep them for him and
57 collect the interest on them. Subsequently ‘C’s current account is over drawn. Can Banker exercise the lean
over debentures?
‘A’ maintains an account in his sole name and enjoys an overdraft which he doesn not pay despite
demands. The banker adjusts the overdraft bank the credit balance held in the account in the joint names of
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A and B.
‘B’ challenges it and demands for restoration of amount from the banker. Decide.

JUNE – 2016
Sl. No Questions
59 Internet Banking
60 Promissory Note

Consolidated by: Deepak Tongli, Law Student

 61 Agency Services
ABC and D are partners in the Y Firm. They informed the banker that A and B will operate the firm’s current
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account. Can Banker honor the cheque signed by A and C?
Rajesh couldn’t present the cheque received from his friend due to busy schedule. Period of limitation is
63
about to expire on a day which happens to be a public holiday. Advice Rajesh.
A customer of Canara Bank approaches another branch of the same bank for a Loan facility against F.D
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receipt of Rs. 2,00,000.00 issued in his favour. Whether his request for loan can be considered? Decide.

DECEMBER – 2016
Sl. No Questions
65 Pass Book
66 E-Banking
67 Customer of a Bank
‘R’ has executed an instrument in the favor of Mr. ‘X’ as follows:
68
“Mr.’X’ I O U Rs. 1,00,000”. Is it a valid promissory Note?
A and B opened a savings Bank account payable jointly. B informs the Banker that A is dead and produces
a death certificate in this regard and also demands for payment of balance amount. But the Banker refuses
69
to pay. Can B file a suit against Banker ? Will it make any difference, if the account is opened in the style of
‘either’ or ‘survivor’ ?
Examine the legal position of the banker in the following cases:
70 i) B deposits gold ornaments worth Rs.50,000 with the Banker for safe custody.
ii) D deposits Rs.40,000 with the Banker to be held for two years as a fixed deposit.

JUNE – 2017
Sl. No Questions
71 Agency Services
72 Protection to Paying Banker
73 Credit Card
One Mr. Venkat has a Current account in the Vijaya Bank. A cheque of Rs. 50000 was issued by him in
74 favour of his minor son, Ramesh is presented for the payment at the counter of the bank. Can the banker
pay the amount to the minor son of the drawer? Decide.
A customer has a credit balance of Rs. 2080 in his current account. Three cheques of Rs. 1000, Rs. 500
75 and Rs. 1200 are simultaneously presented for payment. As a banker how will you act in this situation?
Decide.
A FD receipt marked as “non transferrable”. But it was transferred by the depositor to another person?
76
Decide its validity.

DECEMBER – 2017
Sl. No Questions
77 Cheque
78 Commercial Banks
79 Priority sector advances
‘A’ signs an instrument as follows:
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I promise to pay ‘S’ or order Rs. 50,000. Is it a valid promissory note?
S, O and N are partners in the SON firm. They informed the banker that ‘S’ and ‘O’ will operate the firms
81
account. Can banker honour the cheques of the firm signed by S & N?
A customer of Corporation Bank approaches another branch of the same bank for a Loan facility against
82 F.D receipt of Rs. 5,00,000.00 issued in his favour. Whether his request for loan can be considered?
Decide.

JUNE – 2018
Sl. No Questions

Consolidated by: Deepak Tongli, Law Student

 83 State Bank of India
84 Crossing
85 Banking Ombudsman
‘A’ draws a bill of exchange on ‘B’ for Rs. 5000/-. B has failed to accept the bill of exchange. Can C accept
86
the bill of exchange on behalf of B? Giver reasons.
87 ‘A’ has issued a cheque in favor of ‘B’ who is a minor. Can B receive the payment from the Bank?
‘A’ has issued a cheque to B for Rs. 5000/- for the purchase of goods. But cheque has be dishonored
88
because of defect in the signature of ‘A’. Can ‘B’ file cheque Bounce case against ‘A’?

DECEMBER – 2018
Sl. No Questions
89 Co-operative Bank
90 Mobile Banking System
91 Noting and protesting
‘A’ is the holder of a cheque payable to the bearer. ‘A’ has lost cheque and ‘B’ has found the cheque. Can B
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receive the payment by producing the cheque in the bank.
‘A’ has taken Rs. 500/- loan from ‘B’ and ‘A’ gives a promissory note and ‘A’ promises to pay Rs. 500 to B
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on the marriage day of B. Is it valid promissory note?
‘A’ who is a customer of a Bank has given Rs. 10,000 in Rs. 10 coins to the bank for deposit. But bank has
94 refused to receive the coins on the found of inconvenience. Can ‘A’ give complaint to the banking
ombudsman?

JUNE – 2019
Sl. No Questions
95 Holder in Due course
96 Banking Ombudsman
97 Consequences of dishonor of cheques.
‘A’ instructs his Banker to buy certain debentures for him and asks the Banker to keep them for him and
98 collects the interest on them. Subsequently, ‘A’s current account is overdraw. Can Banker exercise the lien
over debentures?
‘M’ maintains an account in his sole name and enjoys an overdraft which he does not repay despite
99 demands. The banker adjusts the overdraft from the credit balance held in the account in the joint names of
‘M’ and ‘N’. ‘N’ challenges it and demands for restoration of amount from the Banker. Decide.
P, Q, R and S are partners in the Z firm. They informed the banker that ‘P’ and ‘Q’ will operate the firm’s
100
current account. Can banker honour the cheques of the firm signed by P & R?

DECEMBER – 2019
Sl. No Questions
101 Cheques
102 Deposit Insurance Corporation
103 Credit Card
Mr. Ishwar, father of minor son Ganesh approaches the banker for a Loan facility against F.D receipt of Rs.
104
1,00,000.00 issued in the name of his minor son Ganesh. Decide.
‘A’ has executed an instrument in favor of ‘X’ as follows. “I promise to pay ‘X’ Rs. 1,00,000/- after my
105
marriage with ‘C’. Is this a valid Promissory note? Decide. ”
A customer gave the banker a sealed cover containing 200 coins of Re.1 and leaves it with banker for safe
106 custody. But when the customer demands for the cover after some days the banker gives 200 Rs. note. Do
you think banker’s act justifiable?

Consolidated by: Deepak Tongli, Law Student