Banking (2019) | Class 12 (Second Year) | AHSEC | Assam Higher Secondary – Previous Year Question Paper

2019
BANKING
Full Marks : 100
Pass Marks : 30
Time : Three hours
The figures in the margin indicate full marks for the questions.

1. (a) In which year Punjab National Bank was established ?                                         1

(b) What do you mean by ‘Group Banking’ ?                                                   1
(c) Write the full form of SIDBI.                                                                              1
(d) Since which year the RBI has been issuing notes based on Minimum Reserve System ?     1
(e) NSE was set up in the year 1992/1993/1994/1995.                  1
(f) Commercial Banks are the main lenders in money market. (State whether True or False)   1
(g) A ‘Not-Negotiable’ crossing cheque can/cannot be transferred.                     1
(h) Give an example of Material Alteration.                                     1

2. What is Public Sector Bank ?                                                                   2
3. Mention two prohibitory functions of RBI.                                       2
4. State any two functions of Stock Exchange.                                    2
5. Who can cross a cheque ?                                                                       2
6. State the meaning of ‘Bank Draft’.                                                      2
7. What is ‘payment in due course’ ?                                                       3
8. State any three differences between Promissory Note and Cheque.                  3
9. Write a note on ‘Scheduled Bank’.                                                                                      3
10. What are the various sub-markets of money market ?                                            3
11. What are the main functions of World Bank ?                                                              3
    Or
    Describe briefly about Statutory Liquidity Ratio. 3
12. What are the main achievements of nationalisation of banks in India.              5
    Or
    Write a brief note on State Bank of India.                                                                     5
13. What are the different functions performed by RBI as a Banker of Government ?      5
14. Show the differences between capital market and money market.                                5
    Or
    Mention five advantages of Mutual Funds.                                                                  5
15. Discuss the advantages of Internet Banking.                                                                   5
16. Explain the position of collecting banker as holder for value.                                 5
17. Distinguish between Endorsement in Blank and Special Endorsement.                    5
    Or
    Write a note on Non-Banking Financial Institutions.                                                 5
18. Discuss the objectives and functions of LICI.                                                            5
    Or
    Discuss various sources of bank’s own fund.                                                             5
19. Discuss the General utility services rendered by commercial banks.                  8
    Or
    Write the distinction between RBI and Commercial Bank.                                     8
20. Discuss the circumstances under which the paying banker can refuse payment of customer’s cheque.            8
21. Discuss the principles followed by banks in granting loans and advances.                          8
22. What are the different types of Financial market ? Write a brief note on Foreign Exchange Market.                   3+5=8
    Or
    What is Development Bank ? Explain the functions of Development Banks.         2+6=8