Sunday, September 27, 2015

Law and Practice of Banking in India SU M.Com I Sem 2015 Question Paper

Question Paper of Solapur University
M.Com. – I (Semester – II) Examination, 2015
ADVANCED BANKING AND FINANCIAL SYSTEM (Gr. d.) (Paper – I)
Law and Practice of Banking in India
Day and Date : Saturday, 18-4-2015 Max. Marks : 50
Time : 11.00 a.m. to 1.00 p.m.
 N. B. : 1) All questions are compulsory.
2) Figures to right indicate full marks.
1. Choose the correct alternatives given below : 10
1) There is no statutory definition of the term ____________
1) Banker 2) Death 3) Insanity 4) Customer
2) The Imperial Bank of India was brought into existence on 27 June ____________
1) 1920 2) 1921 3) 1922 4) 1923
3) It was decided to introduce an Interim Liquidity Adjustment Facility in April ____________
1) 1995 2) 1997 3) 1999 4) 2001
4) Pre-shipment Credit Scheme was introduced from 1st February
____________
1) 1969 2) 1970 3) 1971 4) 1972
5) The RBI was originally constituted with a share capital of Rs. _________ crores.
1) 5 2) 10 3) 100 4) 1000
6) Export Bill Credit Scheme was introduced in March ____________
1) 1963 2) 1964 3) 1965 4) 1966
7) FERA has been replaced by FEMA with effect from 1st June ____________
1) 1947 2) 1961 3) 1975 4) 2000
8) The State Bank of India came in to existence on 1st July ____________
1) 1950 2) 1955 3) 1960 4) 1965
9) For controlling credit RBI uses mainly ____________ weapons.
1) Two 2) Three 3) Four 4) Five
10) An exporter may need finance to purchase raw materials and equipment to manufacture goods for export are called ____________ finance.
1) Pre-shipment 2) Post-shipment
3) Shipment police 4) Contract policy
2. Describe the importance and functions of EXIM Bank. 10
3. Write a short notes on any three : 15
a) FERA and FEMA
b) Customer relationship
c) Objectives and management of SBI
d) Banker definition
e) Post shipment credit.
4. Describe the role of ECGC in making available export finance. 15
OR
Explain briefly the credit control of RBI.
_____________
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