CS Professional Banking - Law & Practice PYQ June 2023: Question Paper and Available Answers
CS Professional
1 - Banking - Law & Practice
PYQS Series
June 2023
20 Questions Indexed
ICSI Examination Archive & Suggested Answers: This directory contains indexed questions from the paper for CS Professional 1 - Banking - Law & Practice PYQS (June 2023). Open the source paper and available answers. Older sessions follow the syllabus and statutory provisions applicable to their examination year.
Indexed questions
- What is the main objective of Consumer Protection Act?
- What is Product Liability? Discuss the grounds the Product Liability arises.
- What is various Deficiency in services defined under the Consumer Protection Act?
- What are various Authorities created under Consumer Protection in protection of consumers?
- What are various levels for redressal of Customer Grievances?
- Enumerate the types of complaints which may be referred to Banking Ombudsman?
- Give some examples of negligence on the part of banker in respect of services rendered, in respect of which a complaint can be filed with a consumer forum.
- What do you understand by Banking Ombudsman? Who appoint him and why?
- Discuss in brief the important aspects of Payments and Settlement Act 2007 in day-to-day banking activities and lending process of Banks.
- Suppose you as a Banker entered into a Forward Purchase Contract for US $ 50,000 on 5th March with an export customer for 3 months at the rate of ₹ 59.6000. On the same day you als
- The details Current Assets and Current Liabilities of M/s Shine & Company is as follows: Total Current Assets required by the borrower ₹ 50,000 Current Liabilities (Excluding Bank
- What is meant by Off-Balance Sheet exposures of Banks?
- Bankers' Lien is called Implied Pledge. Comment.
- Vivek deposited some amount in the bank for 7.5 years at the rate of 6 per cent per annum at Simple Interest. Vivek received ₹ 1,01,500 at the end of the term, Compute the initial
- Arun invests ₹ 10,000 every year starting from today for next 10 years. Suppose interest rate is 8 per cent per annum compounded annually. Calculate the Future value of Annuity. Gi
- Cash Credit and Overdraft classified as Non-Performing Assets if it is "Out of Order" as per New guidelines of Reserve Bank of India. Discuss.
- Discuss the 'Credit Risk Assessment Approach' in Credit Risk Weighted Assets.
- Discuss the New Guidelines issued by Reserve Bank of India on 'Risk Assessment' procedure in 'Know Your Customer' norms.
- Discuss the compliance functions and role of 'Chief Compliance Officer' in Non-Banking Financial Companies in Upper Layer and Middle Layer.
- Customer Mr. X of Branch Y deposited an outstation cheque of ₹ 2.50 lakh to the branch for collection. The cheque was not sent for collection instead it was stitched with the vouch
How to Prepare for CS Professional 1 - Banking - Law & Practice
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