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Master of Business Administration - MBA Semester 3 Subject Code MA0028 Subject Name - Banking Related Laws and Practices Credits 2
(Book ID :B1043)
Q.2a Discuss Section 24 of BR Act and section 42 of RBI Act with regard to maintenance of liquid assets. [5 Marks]
Q.2b Ignorance of law can never be an excuse for non-compliance. Mr. Jairam Ramesh, Honorable Minister of Environment, said the Adarsh Housing Society, has violated the very spirit of 1991 Coastal regulations zone (CZN) notification. As a banker having financed the builder what is the attendant risk? Q.3 [5 Marks]
Explain the distinction between a guarantee and an indemnity. Which of these is a [10 Marks]
Fall 2011
Master of Business Administration - MBA Semester 3 Subject Code MA0028 Subject Name - Banking Related Laws and Practices Credits 2
(Book ID: B1043)
a. Revocable letter of credit b. Bankers Lien c. Set off d. Performance guarantee e. UCPDC (500) f. Fund based Credit facilities Q.2 Explain 5 keys differences between a hypothecation & pledge [20 Marks] [10 Marks]