Finance Question Paper 2023 [AHSEC Class 11 Finance Question Papers]

[AHSEC Class 11 Question Papers, Banking Question Papers, Finance Question Papers, 2023]

Finance Question Paper 2023
AHSEC Class 11 Finance Question Papers

Full Marks: 80

Pass Marks: 24

Time: 3 hours

The figures in the margin indicate full marks for the questions

1. (a) What is meant by finance?               1

(b) Write a short-term source of finance.           1

(c) The Reserve Bank of India was established on April 1, _______. (Fill in the blank) 1

(d) What is a Public Sector Bank?  1

(e) What is Fixed Deposit Account?       1

(f) Define ‘Bill of Exchange’.                     1

2. Give the meaning of holder in due course.  2

3. Write two uses of ATM.            2

4. Write two objectives of nationalization of banks. 2

5. Write two functions of Cooperative Bank.         2

6. State any two differences between Commercial Bank and Development Bank.                2

7. Write three long-term sources of finance. 3

8. Write three features of Foreign Bank.                 3

9. What is meant by chain banking? Write two features of chain banking. 3

Or

Briefly write a note on Lead Bank Scheme.

10. Write three advantages of Recurring Deposit Account.  3

Or

State the meaning and importance of cheque book.

11. Define endorsement. Briefly write any two types of endorsement.     3

12. State five differences between Bill of Exchange and Promissory Note.               5

Or

Write about the five essential elements of valid endorsement.

13. Write the differences between Indian Money Market and Indian Capital Market.  5

14. What is Regional Rural Bank? Write three objectives of Regional Rural Bank. 2+3=5

Or

What is Investment Bank? Write four functions of Investment Bank.  1+4=5

15. Write three advantages and two disadvantages of group banking.      3+2=5

16. Write a note on the power and duties of banking ombudsman.            5             

17. Discuss the internal structure of Indian Financial System.        8

18. Discuss the functions of Central Bank of India.              8

Or

What is meant by unit banking system? Discuss the features of unit banking system.         2+6=8

19. Describe the procedure of opening a Bank Account in the name of a company and a partnership firm. 4+4=8

Or

What is meant by holder? Write the differences between Holder and Holder in due course.  2+6=8

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