Bblp Question Paper

Bblp

Course:Business Studies

Institution: Rift Valley Institute Of Science And Technology question papers

Exam Year:2014

RIFT VALLEY INSTITUTE OF SCIENCE AND TECHNOLOGY.
ISO : 9001 : 2008 QUALITY MANAGEMENT SYSTEM.
BUSINESS STUDIES.
CLASS: DBF 13M
SUBJECT : BRANCH BANKING LAW AND PRACTICE.
END OF TERM EXAM
TIME : 2hrs
ATTEMPT ALL THE QUESTIONS.
1. a) Define a bank with suitable example. (2mks)
b) Explain the relationship between a banker and a customer. (12mks)
2. Explain with suitable reference the rights of a banker. (12mks)
3. Explain with suitable reference the need of taking reference in opening a current account. (10mks)
4. Explain further formalities required when opening an account. (10mks)
5. What is mandate? (2mks)
6. Explain the following;-
i. Power of attorney. (4mks)
ii. Enduring power of attorney. (4mks)
iii. Rules relating to powers of attorney. (4mks)

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