[AHSEC Class 11 Question Papers, Banking Question Papers, Finance Question Papers, 2017]
Class 11 Finance (Banking) Question Papers
AHSEC Class 11 Question Papers' 2017
BANKING
Full Marks: 100
Time: 3 hours
The figures in the margin indicate full marks for the questions.
1. Answer as directed: 1x8=8
a) In which year were the Presidency Banks of India amalgamated?
b) The Banking Regulation Act was passed in the year ____. [Fill in the blank]
c) What is barter system?
d) State a characteristic of inflation.
e) Write the full form of ATM.
f) Who is a bank customer?
g) Overdraft facility can be availed in current/savings/fixed deposit account. [Choose the correct answer]
h) Write what is indigenous banker.
2. What do you mean by trade cycle? 2
3. Give the meaning of Banking Ombudsman. 2
4. Write two advantages of current account. 2
5. Name any two public sector banks of India. 2
6. State two important functions of commercial bank. 2
7. What are the different types of e-banking services? 3
8. Explain the types of loans given by the of commercial bank. 3
9. State the procedure of opening joint account. 3
10. Explain why Central Bank is called ‘lender of last resort’. 3
11. State any three stimulating effects of inflation. 3
12. Discuss the general utility functions of a bank. 5
13. State about licensing of banks. 5
14. What are the differences between Commercial Bank and Central Bank? 5
15. Describe the characteristics of regional rural bank. 5
16. Explain the techniques of creating credit by a commercial bank. 5
17. What are the main phases of trade cycle? 5
Or
Explain the meaning of depression.
18. State any two selective credit control techniques adopted by the RBI. 5
Or
Describe the procedure of opening a bank account in the name of a minor. 5
19. Discuss the evolution, origin and growth of banking in India. 8
Or
What do you mean by internal and external organization of commercial bank? Describe the different departments of a commercial bank.
20. Discuss the causes and effects of inflation. 8
21. Explain in brief the various functions of the Central Bank. 8
Or
Explain the functions of Central Bank as (a) Bank of note issue and (b) Banker’s bank. 4+4=8
22. Write short notes on any two of the following: 4x2=8
a) Banker’s clearing house.
b) Investment bank.
c) Recession.
d) Overdraft.
e) Pay-in-slip book.