AHSEC| CLASS 11| FINANCE| QUESTION PAPER - 2018| H.S. 1ST YEAR

 

AHSEC| CLASS 11| FINANCE| QUESTION PAPER - 2018| H.S. 1ST YEAR

2018
FINANCE
Full Marks: 100
Time: 3 hours
The figures in the margin indicate full marks for the questions.

 

1. Answer as directed:  1×8=8

(a) Who is authorized to issue notes in India?

(b) Write the full form of ATM.

(c) Write the name of the central bank of our country.

(d) State a characteristic of inflation.

(e) RRBs were started in the year 1967/1975/1976.

(f) In which year was the Cooperative Credit System introduced?

(g) The Banking Regulation Act was passed in the year. (Fill in the blank)

(h) What do you mean by barter system?

2. What is savings bank? 2

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

4. Give the meaning of prosperity.    2

5. Who is a bank customer?     2

6. Write two functions of regional rural banks.     2

7. Explain the retail banking.     3

8. Give the meaning of credit card.       3

9. Mention three different departments of the commercial banks.  3

10. State briefly the difficulties of barter system.    3

11. Give the meaning of Banking Ombudsman.      3

12. Narrate five differences between cooperative bank and commercial bank.      5

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

14. What are the main causes of inflation?    5

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

16. What precaution should be taken by a bank while opening account in the name of a minor?  5

17. Discuss the primary function and secondary function of commercial bank.    5

Or

Write about the capital of bank.       5

18. Explain the function of Central Bank as bank of note issue.   5

Or

What are the different types of account? Explain any two of them.       5

19. What do you mean by trade cycle? Describe the different phases of trade cycle.   2+6=8

Or

Discuss the evolution, origin, and growth of banking in India.    8

20. What is inflation? Discuss its effects on production and distribution.    2+6=8

Or

Explain the technique of creating credit by a commercial bank. 8

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

Or

What do you mean by internal organization of a bank? Mention six important departments of a bank. 8

22. Write short notes on the following:   4+4=8

(a) E-banking

(b) Scheduled and non-scheduled banks.

 

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