[Important Questions, AHSEC Class 11 Finance Important Questions, Class 11 Important Questions, 2026/2027 Exam]
Finance Class 11 Expected Question Paper Pattern for 2026 Exam
Section
Question
Numbers
Nature of
Questions
Marks per
Question
Total
Marks
Part-A
1 – 40
Objective /
Compulsory
1
40
Part-B
41
Short
Answer (5 out of 9)
2
10
42
Short
Answer (5 out of 9)
3
15
43
Long Answer
(3 out of 7)
5
15
Total
80
Section
Question
Numbers
Nature of
Questions
Marks per
Question
Total
Marks
Part-A
1 – 40
Objective /
Compulsory
1
40
Part-B
41
Short
Answer (5 out of 9)
2
10
42
Short
Answer (5 out of 9)
3
15
43
Long Answer
(3 out of 7)
5
15
Total
80
Important Questions AHSEC Class 11 Finance
Finance Important Questions for Upcoming Exam
Unit – 1: Finance and Financial System (Expected Marks: 16)
Q. What is finance? What are its
features?
Q. What are various functions of
finance?
Q. What are various types of
finance? What are its various sources?
Q. What is financial system? Mention its
features and need. What are the limitations of Indian financial system?
Q. What are various components of
financial system?
Q. Explain the role of financial
system in the economic development of our country.
Unit – 2: Different types of Banks (Expected Marks: 16)
Q. Define Bank. What are various
features of a bank?
Q. Discuss the primary function and secondary functions (General Utility
and Agency) of commercial
bank. 2012 2013 2014 2015
2016 2017 2019, 2022
Q. What is Central Bank? Mention its four characteristics. Discuss the
functions of central bank as:
- banker of the government.
- banker of banks.
- as note issuer.
Q. Describe the methods of issuing
notes by the central government.
Q. Discuss the qualitative and
quantitative credit control methods of the central bank.
Q. Define the term Banking. Explain
how a bank creates credit.
Q. What are Development banks? Mention its three features and functions.
Q. What is Regional Rural bank? Mention its three features and
functions.
Q. What is investment bank? Mention its three features and functions.
Q. What is foreign exchange bank? Mention its three features and functions.
Q. Distinguish between: (5 points
only)
- Commercial Banks and Investments
Banks
Unit – 3: Commercial Banking in India
(Expected Marks: 16)
Q. 1. Write short note on foundation and management
of Imperial banks in
India.
2013, 2018
Q.2. Write a brief note on growth and evolution of
banking/public sector banking in India. 2012 2015, 2017, 2018
Q. 3. Write a short note on SBI including its
objectives, functions and role. 2012, 2014, 2015, 2016, 2017, 2019
Q.
4. Define Public and Private sector banks. Mention its features. Also
distinguish between them. 2020
Q.5.
Write a short note on Scheduled Bank and non-scheduled bank? Mention their
features and distinguish between them.
Q.6.
What is Nationalisation? What are its objectives and achievements? Give
some arguments in favour or against nationalisation of banks. 2013 2015 2017
2019 2020
Q.7.
Write short note on Lead Bank Scheme. Mention its objectives, functions and
benefits. 2013, 2015, 2020
Q.
4. Explain briefly unit banking and branch banking. Explain it merits, demerits
and difference between them. 2012, 2014, 2016,
2018, 2020
Q.
4. Explain briefly group banking and chain banking. Explain it merits, demerits
and difference between them. 2012, 2014, 2016,
2018, 2020
Q.
What is correspondent banking? Mention its features, merits and demerits.
Q.16. What is E-Banking? Mention its merits and demerits. 2019
Unit – 4 PART A: Different types of Bank Account
(Expected Marks: 08)
Q. Name the different types of Bank account.
Mention three features, advantages and disadvantages of Current, Savings, Fixed
deposit accounts and recurring deposit account.
Q. Distinguish between various types of accounts.
Q. Explain the procedure of opening a bank account.
Q. What is e-banking and
Pay-in-slip? What are the different types of e-services?
Q. What is credit card and ATM?
Mention their three uses.
Unit – 4 PART B: Different types of Bank Customer
(Expected Marks: 08)
Q. What do you mean by Banker and Customer? Mention
any four types of customer of Bank.
Q. What precautions a banker need to take while
opening and running bank customers account.
Q. What is Banking ombudsman? Mention their powers
and duties.
Q. What is the procedure of
opening a bank account by a Married woman?
Q. What is the procedure of
opening a bank account by a minor?
Q. What is a Bank Customer? What
are the documents required to be submitted before opening a bank account by a
company, partnership firm and minor?
Unit 5: Negotiable
Instruments
(Expected Marks: 16)
Part A:
Q.1. What is
Negotiable Instruments? What are its various kinds? Mention its features/essentials/characteristics
and presumptions. 1999, 2001, 2003, 2005, 2010, 2011, 2013, 2015,
2017, 2020, 2022
Q.2.
What is Bills of Exchange? What are its essentials? Mention three parties of
bills of exchange. 2002, 04, 10, 20
Q.3.
Mention advantages of bills of exchange. Give a specimen of bills of
exchange. 2013
Q.4.
What is Promissory note? Mention its two parties? What are its essentials?
Draft a specimen of a promissory note.
2+1+6+5
2004, 06, 13, 2015, 2018
Q.5.
Define Cheque. Name its parties. Mention its features and advantages.2014
Q.6.
Distinguish between cheque and bills of exchange and promissory note and
cheque. 2012, 2017, 2019, 2022
-
Difference between cheque and bill of exchange
2012, 2014, 2017
-
Difference between Promissory Note and Cheque:
2015, 2020
Part B:
Q.7. What do you mean by Negotiation and
endorsement (2016)? Who can endorse? What are the different kinds of
endorsement? Explain them briefly. 99, 09, 14, 2018, 2020, 2022
Q.8. Write briefly about the rules and regulations
of a valid endorsement. 2012, 2016
Q.9. What do you mean by crossing of a cheque? What
are its various types? Explain.
Part C:
Q.10. What do you mean by Payment in Due Course?
What are its essential features? 2012, 2019
Q.11. Define holder (2015) and holder in due course
(2014, 2018) of Negotiable Instrument. Write the differences between “Holder”
and “Holder in due course”.
Q.12. Explain the rights and privileges of Holder
in due course. 2020