Finance Question Paper 2024 [AHSEC Class 11 Finance Question Papers]

[AHSEC Class 11 Question Papers, Banking Question Papers, Finance Question Papers, 2024]

Finance Question Paper 2024
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. Answer the following as directed:        1x6=6

(a) The Banking Regulation Act was passed in the year _______. (Fill in the blanks)

(b) RRBs were started in the year 1967/1975/1976. (Choose the correct answer)

(c) Who is authorized to issue paper currency in India?

(d) Write the name of the Central Bank of our country.

(e) Write the full form of NABARD.

(f) EXIM bank was established in the year _______. (Fill in the blank)

2. What is savings bank?               2

3. Name any two public sector banks in India.      2

4. Write two functions of regional rural banks.    2

5. What is bank passbook?          2

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

7. State briefly the difficulties of barter system.  3

8. Explain about retail banking. 3

9. Give the meaning of credit card.           3

10. Write a note on trade cycle.                 3

11. What are the advantages of Internet banking?            3

12. Discuss the general utility functions of a bank.  5

13. Explain the principles of note issue followed by the RBI.          5

14. What are the main causes of inflation? 5

15. Write notes on: 2½ + 2½ = 5

(a) Development Bank.

(b) Commercial Bank.

16. Give the meaning and importance of cheque book.   5

17. What are the different types of account? Explain any three of them. 8

18. What is credit control? Explain the objectives of credit control.            2+6=8

Or

Discuss the procedure of opening a bank account in the name of a minor and married woman.     8

19. Write short notes on: 4+4=8

(a) E-banking.

(b) Schedule and Non-Schedule Bank.

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