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DRIVE-
Spring 2015
PROGRAM
MBADS
(SEM 3/SEM 5)
MBAFLEX/
MBA (SEM 3)
PGDBMN
(SEM 1)
SUBJECT
CODE & NAME
MA0037
& BANKING RELATED LAWS & PRACTICES
Qus:1
Bank accepts different types of deposits and based on this you will have to
answer these. Explain the acceptance of deposits. Write about the maintenance
of cash reserves.
·
Explanation
of acceptance of deposits
·
Explanation
of maintenance of cash reserves.
Answer:
Explanation
of acceptance of deposits:
Banks accept different
types of deposits. The nature of deposit accepted could be either time deposit
or demand deposit. Time deposits are payable after the expiration of the period
for which
Qus:2
What do you understand by contract of guarantee? Write the differences between
contract of indemnity and contract of guarantee. Explain the essential features
of a contract of guarantee.
·
Meaning
of contract of guarantee
·
Differences
between contract of indemnity and contract of guarantee
·
Essential
features of a contract guarantee
Answer:
Meaning
of contract of guarantee:
Contract of guarantee
is a contract to perform the promise, or discharge the liability, of a third
person in case of his default. The person who gives the guarantee is called the
‘surety’, the person in respect of whose default the guarantee is given is
called the ‘principal debtor’ and the
Qus:3
Explain the appointment of adjudicating authority, procedure for adjudication
Foreign Exchange Management Act (FEMA). Write the differences between contravention
and compounding.
·
Explanation
of adjudicating authority
·
Explanation
of procedure for adjudication
·
Differences
between contravention and compounding
Answer:
Explanation
of adjudicating authority:
For the purpose of
adjudication under Section 13, the Central Government may, by an order
published in the Official Gazette, appoint as many officers of the Central
Government as it may think fit, as the adjudicating authorities for holding an
inquiry in the manner prescribed after giving the person alleged to have
committed contravention under Sec 13, against whom a
Qus:4
Explain the establishment of consumer disputes redressal agencies and write
about composition of district forums and Jurisdiction of district forum.
·
Explanation
of consumer disputes redressal agencies
·
Explanation
of composition of district forums
·
Explanation
of jurisdiction of district forum
Answer:
Explanation
of consumer disputes redressal agencies:
For resolving
and dealing with the consumer complaints, different forums are established at
district level, state level and national level. The compositions of these
forums have been laid down differently. They have different jurisdictions,
powers and they have to work and deal with
Qus:5
Write the purposes of disciplinary sanctions for breach of the code. Write the
internal procedure guidance. Give the differences between banking ombudsman and
Banking Codes and Standards Board of India (BCBSI).
·
Explanation
of breach of code
·
Explanation
of internal procedure guidance
·
Difference
between banking ombudsman and BCBSI
Answer:
Explanation
of breach of code:
Failure to comply with
or fulfil any commitment/s or any obligation/s, in full or in part thereof,
under the Code or these Rules shall constitute a breach. The purposes of
disciplinary sanctions for breach of the Code or
Qus:6
Write the loan policy of RBI given to co-operative banks. Give the important
guidelines from RBI on deposits.
·
Explanation
of loan policy of RBI
·
Guidelines
from RBI on deposits
Answer:
Explanation
of loan policy of RBI:
The Reserve Bank
of India is empowered to guide in the framing of the loan policy to be followed
by the co-operative banks in general or by any cooperative bank in particular.
In this respect, RBI may issue
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if urgent then call us
on 08791490301, 08273413412
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