REVISION SAMPLE PAPER
CLASS : XI
SUBJECT : BANKING [811]
Time : 2 Hours M.M : 50
General Instructions :
i. Read the question paper carefully.
ii. Question paper contains 1 mark, 2 marks, 3 marks and 5 marks questions.
iii. Internal choices are given.
SECTION A: OBJECTIVE TYPE QUESTIONS
Q.1 Minimum …………………… partners are required to commence a partnership business?
A) 1
B) 20
C) 30
D) None of these
Q.2 Factors which are affecting the decision for investment? 1
A) Return
B) Safety
C) Liquidity
D) All of these
Q.3 Nomination can be made by the depositor/s, (singly or jointly). [True / False] 1
Q.4 Pre - payment penalties for the housing loan in India is ……….. [ Equal to interest / 1
Zero]
Q.5 In the general form of partnership liabilities of partners are: 1
A) Limited
B) Limited to business capita
C) Unlimited
D) Low
Q.6 Out of the following which is a fee based product? 1
A) Mutual Fund Sale
B) Personal Loan
C) Educational Loan
D) Auto Loan
Q.7 To accomplish bigger task easily we should work as a TEAM, where “ E ” stands for 1
A) Each one
B) Everyone
C) Example
D) Each
Q.8 CIR stands for ……………………………...................................... 1
OR
ALM stands for ………………………………………………………..
Q.9 A person who simply invests money in a partnership company is known as …………….. 1
A) Sleeping Partner
B) Working Partner
C) Normal Partner
D) Partner
Q.10 ………………… is simply means things you enjoy or love doing. 1
A) Values
B) Opinion
C) Like
D) Belief
Q.11 Which of the following is third party product? 1
A) Insurance
B) Mutual Fund
C) None of them
D) Both of them
Q.12 The written agreement of partnership is most commonly referred to as: 1
A) Agreement
B) Partnership contract
C) Partnership deed
D) Partnership Act
Q.13 What type of loan is granted by the bank for the purchase of white goods? 1
A) Consumer Durable Loan
B) Consumption Loan
C) Mortgage Loan
D) Both (A) and (C)
Q.14 …………… is enacted by the parliament to regulate partnership firms in India. 1
A) Indian Partnership Act 1930
B) Indian Partnership Act 2008
C) Indian Partnership Act 1932
D) Indian Partnership Act 1928
Q.15 Self-motivation helps you to 1
A) Identify
B) Stay focused
C) Build a network
D) Both (B) and (C)
Q.16 ……………………… gives holders the right to purchase a certain quantity of shares at pre- 1
determined price.
A) Equity
B) Bonds
C) Warrants
D) Both (A) and (C)
Q.17 ……………….. is a set of dreams with a deadline to achieve them. 1
A) Question Paper
B) Goal
C) Motivation
D) Self-motivation
Q.18 In a non-fund facility the bank 1
A) Promise to pay
B) Pays immediately
C) Does not do anything
D) None of these
Q.19 Time management is the thinking skill which helps you to……. 1
A) Watching movie
B) Talking to friends
C) Make a daily time table
D) None of these
Q.20 Which of the following is not the type of motivation?
A) Intermediate
B) Internal
C) External
D) Both (B) and (C)
SECTION B: SUBJECTIVE TYPE QUESTIONS
Q.21 What is the best way to work on long-term goals? 2
OR
List two things you will do in each - WASH and AVOID to keep clean.
Q.22 Define the concept of Joint Stock Company. 2
Q.23 What do you mean by term Overdraft. 2
Q.24 What are the objectives of prevention of money laundering? 3
OR
What do you mean by KYC. State the KYC guidelines given by the RBI.
Q.25 Explain Character, Capacity and Capital as the basic Principles of lending. 3
Q.26 Give the meaning of Personal Hygiene. Why it is important? 3
Q.27 What is liquid asset? Explain when an asset is considered liquid. 5
Q.28 What is the need for Pass Book. 5
Q.29 Define self-motivation and list the steps to build self-motivation. 5
OR
Define teamwork. What are the benefits of working in a team?
