We, the team at The Treasure Notes, are here to provide you with the complete official question paper in easy-to-read text format. This will be a valuable resource for your study, reference, and exam preparation.
1 (Sem–3) BCM (FIN) 07 2024
COMMERCE (FINANCE)
PAPER: BCM0300704 (BANKING)
Full Marks: 60, Time: 2½ hours
The figures in the margin indicate full marks for the questions.
1. Choose the correct answers of the following: [1×8=8]
(a) In which year the Reserve Bank of India was nationalised?
(i) 1st April, 1936
(ii) 1st January, 1948
(iii) 1st January, 1949
(iv) 1st July, 1955
(b) Who issues the Garnishee Order?
(i) Court
(ii) RBI
(iii) The Central Government
(iv) Concerned State Government
(c) The first Indian Commercial Bank to undertake merchant banking services in India is :-
(i) State Bank of India
(ii) Bank of Baroda
(iii) Canara Bank
(d) Which of the following is not a negotiable instrument of statute?
(i) Promissory Note
(ii) Bill of Exchange
(iii) Cheque
(iv) Share Warrant
(e) Cash reserve maintained by a bank is called the first line of defence.
(i) Correct (ii) Incorrect
(f) ICICI Bank is the first Universal Bank in India.
(i) Correct (ii) Incorrect
(g) A promissory note can be crossed.
(i) Correct (ii) Incorrect
(h) A married woman is considered as a special type of bank customer.
(i) Correct (ii) Incorrect
2. Answer any six of the following questions: [2×6=12]
(a) What is a scheduled bank?
(b) What is pledge?
(c) What is hypothecation?
(d) What is a negotiable instrument?
(e) Write the meaning of the term ‘Bank Customer’.
(f) What is meant by the term ‘Liquidity of Assets’?
(g) What is a non-performing asset?
(h) What is a recurring deposit account?
(i) What is the crossing of a cheque?
(j) What is overdraft?
3. Answer any four questions of the following in about 200 words each: [5×4=20]
(a) Differentiate between public sector banks and private banks.
(b) Briefly state the principles of sound lending.
(c) Distinguish between promissory note and cheque.
(d) Write a brief note on banking sector reforms in India.
(e) Write a short note on the powers of RBI under the Banking Regulation Act, 1949.
(f) Explain briefly about the different types of credit facilities provided by a commercial bank.
(g) What are the different methods available for fund transfer under the E-Banking system? Explain.
(h) Explain the structure of commercial banks in India.
4. Answer any two of the following questions: [10×2=20]
(a) Describe the functions of a bank.
(b) Discuss the general relationships between bankers and customers.
(c) Differentiate between ‘Holder’ and ‘Holder in Due Course’. Also explain the privileges enjoyed by the Holder in Due Course.
(d) Discuss the provisions of the Banking Regulation Act, 1949 in regard to
(i) Licensing of banks
(ii) Constitutions of the Board of Directors
(e) What is a mortgage? State the various types of mortgage.
-0000-
Must Visit: GU FYUGP BCom 3rd Sem Main PageBenefits of Using This Question Paper
📘 Accurate Reference: Based on the official 2024 question paper under NEP FYUGP syllabus.
🧠 Better Exam Preparation: Helps you understand the latest exam pattern and important topics.
📝 Practice Tool: Use it for self-assessment and mock tests.
💡 Time Management: Improves your speed and confidence before exams.
📂 Free & Easy Access: Available in clean text format without the need for PDF Download.
Frequently Asked Questions (FAQs)
Q1. Is this the official GU BCom Banking question paper for 2024?
Yes, this is the official question paper of Gauhati University BCom 3rd Semester Banking (Finance Major) for the year 2024.
Q2. Is this paper based on the NEP FYUGP syllabus?
Absolutely! It follows the latest NEP FYUGP guidelines introduced by Gauhati University.
Q3. Can I download it in PDF format?
Currently, it is available in text format for easy reading. However, PDFs are available on our telegram channel.
Q4. Will this help me in my upcoming semester exams?
Yes, it will help you understand the type of questions asked and prepare accordingly.
Q5. Where can I find more such question papers?
You can explore other posts on The Treasure Notes for more subject-wise previous year papers and study materials.
Last Words
We hope this GU BCom 3rd Semester Banking Question Paper 2024 helps you in your exam preparation. Stay connected with Treasure Notes for more question papers, notes, and solutions tailored for Gauhati University students under the NEP FYUGP syllabus.
If you found this helpful, don’t forget to share it with your friends and bookmark our page for future updates.
📌 Best of luck with your exams!
