TAPASYA DEGREE COLLEGE BANKING AND FINANCIAL SERVICES IMPORTANT QUESTIONS Long answer questions: UNIT-1 List out the different types of banks Explain the different functions of commercial banks? What are the various emerging trends in commercial banking? What are the functions and objectives of RBI? What are the functions and objectives of NABARD? ‘What are the functions and objectives of SIDBI? UNIT-2 Bune Define banker and customer? Discuss the relationship between Banker and customer? Explain the procedure of opening of bank account? Discuss the different special types of customers to the bank? What is KYC? Explain its elements? UNIT-3 Explain the types of negotiable instruments? Define paying banker? What are the duties and responsibilities of paying banker? Define collecting banker? What are the duties and responsibilities of collecting banker? What are the circumstances under which a banker can refuse the payment of cheques? What are the consequences of wrongful dishonor of cheques? UNIT-4 BENE Define Financial serviees? Explain its functions and classify its types?” Discuss the scope of financial services. List out the new financial products and service sectors in India? Explain the challenges facing the financial services sector in India? L 2. 3. 4, 5, Define Merchant Banking? Explain its problems and scope in India? Define factoring? Explain its merits and demerits? Define lease? Discuss the types and steps involved in leasing process? Define venture capital? Explain its features and scope in Indian market? Define Bill discounting? Explain its advantages and limitations?Short answer questions 1, Objectives of bank 2. Bank assurance 3. Banking OMBUDSMAN 4. Cash reserve ratio (CRR) 5. Statutory liquidity ratio (SLR) 6 7 8 District co-operative central banks Repo/reverse repo rate Features of RRB 9. KYC norms 10. Special type of customers(all) 11. Classification of Loans and Advances 12, Document of Title of Goods 13. Paying banker 14, Collecting banker 15. Financial services 16. Fund based activities 17. Non-Fund based activities 18. New financial products and services 19. Parties in factoring 20. Parties in Forfeiting 21. Costs of forfeiting