Anyone who has cleared level I for IBP diploma

[Mahtab]

Page 5
Q.4 State “Yes” or “No” give brief reason for your selection at the space provided below the question. (10) Summer-2006
ii. Set off means adjusting debit balance against credit balance in other account.
Banker’s General Lien.
Q.3 State True or False give brief reason for your selection (30) (Winter-2006)
iii A particular lien and a general lien mean one and the same thing.
Q.6 Write brief notes on any four of the followings (12) (Winter-2006)
iii) Law of Estoppels
Q.7 (A) What is meant by appropriation of payment? (04) (Winter-2006)
Q.7 (B) What is right of set off. What conditions should be fulfilled by the banker before exercising the law of estoppel? (04) (Winter-2006)
Chapter – III Banker/Customer Relationship
3.1 Who is a ‘Customer’?
3.2 Definition by State Bank
3.3 Criteria determined by Court
Q.1 Fill in the blanks (10) (Summer-2006) e. The primary banker / customer relationship is that of ________________________________;
Q.2 Please write the alphabet of selected answer in the given space (20) (Winter-2006)
v The primary banker / customer relationship is that of
A) Debtor and Creditor B) Mortgagor and Mortgagee
C) Bailor and Bailee D) None of the above
3.4 Negotiable Instrument Act 3.4.1Whether Duration is an element in Relationship b/w a Customer & the Banker?
3.4.2 Whether one should have a Current account with a Bank to be its Customer?
3.4.3 Whether is necessary for the account to be properly introduced to provide legal protection to a Bank?
3.5 Banker Customer obligations
3.5.1 Banker’s Obligations to Customer
3.5.1.2 Customer’s Obligations to Banker
Q.4 State “Yes” or “No” give brief reason for your selection at the space provided below the question. (10) Summer-2006
v. It is right of a customer to draw cheque on his accounts.
Q.8 Write short notes on any four of the following. You have only two pages to write the answer.
(G) Obligations of Bank to customer and vice versa (20) (Summer-2006)
3.5.2 General Relationship
3.5.2 Agent and Principal
3.5.2.1 Collection of Cheques and other Negotiable instruments
3.5.3 Bailor and Bailee
3.5.4 Pledger and Pledgee, Mortgagor and Mortgagee