PONNAI YAHRAMAJAYAM I NSTITUTEOF

SCIENCEANDTECHNOLOGY
(PRI
ST)
I
nst
ituti
ondeemedt obeUniversi
ty-U/S-3ofUGCAct1956
THANJAVUR-613403 TAMILNADU
SCHOOLOFLAW
MADURAICAMPUS

I
IYEARLLB;
DEGREEEXAMI
NATI
ON-
2022

BANKI
NGLAW ANDNEGOTI
ABLEI
NSTRUMENTACT,
1881

PRE-
SEMESTER

Ti
me:3hr
s Max:100mar
ks

Subj
ectCode:162L3C35

PART-
A

AnsweranyTENoft
hef
oll
owi
ng: (
10x2=20)

1.Def
ineNegot
iat
ion.

2.Whatar
ethef
unct
ionsofcommer
cial
banks?

3.Whatar
eel
ement
sofNI
?

4.Whatar
edi
ff
erentt
ypesofbi
l
lsunderBOE?

5.Whatdoy
oumeantbymat
eri
alal
ter
ati
on?

6.Wr
it
eanot
eonbankdr
aft
.

7.Whati
smeantbydi
shonourofcheque?

8.Di
ff
erencebet
weenBOEandpr
omi
ssor
ynot
e.

9.Whatdoy
oumeantbydi
scount
ingofbi
l
ls?

10.Wr
it
eanot
eonNABARD.

11.Whatdoy
oumeantbynot
ing?

12.Wr
it
eanot
eont
rav
ell
er’
schequeandi
l
lust
rat
ewi
thexampl
es.
 13.Whatar
ethedi
ff
erentt
ypesofdeposi
t?

14.Wr
it
eanot
eonRecur
ri
ngdeposi
t.

15.Whatdoy
oumeanbysubsi
diar
ybusi
nessoper
ati
onofbanker
s?

PART-
B

AnsweranyFOURoft
hef
oll
owi
ng: (
4x15=60)

1.Expl
ainaboutschedul
edandnon-
schedul
edbanks.

2.Whati
sNegot
iabl
eInst
rument
?Expl
aint
het
ypesofNIanddeci
det
hecasel
aws.

3.Expl
ainaboutspeci
alt
ypesofcust
omer
sanddeci
det
hecases.

4.Stat
ethepr
ocedur
etobeadopt
edandt
hepr
ecaut
ionst
obet
akenbyabankerwhi
l
e
openi
nganewaccount
.

5.Expl
ainaboutpr
ivi
l
egesofhol
deri
nduecour
seunderNIAct
,1881.

6.Di
scusst
hepr
otect
ionav
ail
abl
etoabankeri
nrespectofpay
mentofcr
ossedcheque.

7.Expl
aint
hepr
ovi
sionsi
nSec138t
o142ofNIActwhi
chwer
einser
tedi
n1998.

PART-
C

AnsweranyTWOoft
hef
oll
owi
ng: (
2x10=20)

1.Siv
adr
awsachequei nf
avourofMani
inwordsasRs.Fif
tythousandandwr
it
esi
n
numer
alasRs.
5,000.WhatamountMani
isenti
tl
ed?Explai
n.

2.‘
A’obtai
nsachequeandputsiti
nhi
scoatpocket.Thecoati
ssentf
ordr
ywash.
Consequent
lyt
hechequebecomesfaded.Cant
hebankar ef
usetopayi
t?

3.‘
A’i
ssuedachequepay
abl
eatChennaito‘
B’.‘
B’pr
esentedthechequeatBangal
ore
br
anchoft
hesamebank.Thebankref
usedpayment.Isthebankli
abl
e?