BANKING LAW
Model Answers to Past-Paper Questions
BANKING & NEGOTIABLE INSTRUMENTS
Karnataka State Law University (KSLU) • compiled from past papers
Answer-length guide (KSLU pattern — 3 hrs, max 100) Answer Q.No. 9 (compulsory problems — any two, 2×10 = 20) and any five of the remaining eight questions (16 marks each = 80). Short notes appear as Q.No. 8 (any two → 2×8 = 16). |
Marks | What to write | Length |
|---|---|---|
16 (long answer) | Intro (define + Act/section) → Body (functions/kinds) → cases → Conclusion | 5–7 sides |
10 (problem) | IRAC: Issue → Rule (section + case) → Application → Conclusion | 2–3 sides |
8 (short note) | Definition + section → 3–4 points → case | 1–1½ sides |
Contents
PART A — Long Answers [16 Marks]
Q1. Discuss the functions of commercial banks in India. | 16 Marks |
✎ Define banking → primary functions → secondary (agency & utility) → conclude.