MODEL SCHOOL

Run by - MODEL EDUCATION SOCIETY, ROHTAK

Term-2 Examination (2024-25)
Class- XII
Subject –Banking
Time:2:15 Hour Date -00/11/2024 M.M-50
General Instructions:
1. Please read the instructions carefully.
2. This Question Paper consists of 19 questions in two sections – Section A &
Section B.
3. Section A has Objective type questions whereas Section B contains
Subjective type questions.
4. Out of the given (5 + 14 =) 19 questions, a candidate has to answer (5 +
10 =) 15 questions in the allotted (maximum) time of 2 hours 15 mins.
5. All questions of a particular section must be attempted in the correct order.
6. SECTION A - OBJECTIVE TYPE QUESTIONS (20 MARKS):
i. This section has 05 questions.
ii. There is no negative marking.
iii. Do as per the instructions given.
iv. Marks allotted are mentioned against each question/part.
7. SECTION B – SUBJECTIVE TYPE QUESTIONS (30 MARKS):
i. This section contains 14 questions.
ii. A candidate has to do 10 questions.
iii. Do as per the instructions given.
iv. Marks allotted are mentioned against each question/part.

SECTION A: OBJECTIVE TYPE QUESTIONS

Q.1Answer any 3 out of the given 4 questions on Employability Skills (1 x 3
= 3 marks)
i.)The short cut command to COPY a text is
a) Ctrl+ V b) Ctrl+ C
c) Ctrl+ Z d) Ctrl+ X
ii).______ are the individual pages of a presentation.
a. Templates b. Thumbprints
c. Slides d. Sheets
iii).Core banking solutions has revolutionized the banking system in India
a) Air b) Noise
c) Land d) Water
iv). How recycling and reuse create employment?
Q. 2 Answer any 4 out of the given 5questions (1x4 =4 marks)
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i).In banking parlance, ‘NPA’ stands for ______.
a. Non-Performing Asset b. Net Producing Asset
c. Net Performing Asset d. Not Promoting Asset
ii).Interest on loan is calculated by the Bank on ____
a) Original Loan amount b) Loan outstanding amount
c) Average outstanding loan amount d) None of These
iii).Balance sheet is also known as _________ statement.
a) Income b) Expense c) Financial Position d) Creative
iv).The date on which the payment of the bill is due is called due date and it is
calculated by adding ________to the period of bill called days of grace.
v).MIBOR stands for______________
Q. 3 Answer any 4 out of the given 5 questions (1 x 4 = 4 marks)
i).Which of the following is the Qualitative instrument of Credit Control?
a) Open Market Operations b) CRR
c) Direct Action d) SLR
ii).In a bank’s accounting, all transactions “debit or credit” are documented
by________.
iii). Time Liabilities of a Bank includes which of the following?
a) Fixed Deposit b) Gold Deposits
c) Both the above d) None of the above
iv). Generally, an asset that has remained below standard for up to 12 months is
known as
a) Sub-standard asset b) Doubtful Asset
c) Loss Asset d) Standard Asset
v). Bank Rate is ______ form of credit control
Q. 4 Answer any 4 out of the given 5 questions (1x4 = 4 marks)
i).In case of short term loans, interest rates is _____ than interest rate for long
term loan
ii). EMI on a fixed rate loan remains _____ during the tenor of the loan
a) Fixed b) Changing c) Increases d) Decreases
iii).Discount rate is known as _____
iv).Banks take charge of goods, articles, securities as ________.
a) Bailee b) Trustee c) Agent d) Principal
v). State the full form of GAAP.
a) Generally Accepted Accounting Principles
b) Generally Accrual Accounting Principles
c) Generally Accepted According Principles
d) Generally Accepted Accounting Prime
Q. 5 Answer any 5 out of the given 6 questions (1x5 =5 marks)
i). Minimum interest rate of a Bank below which it cannot lend, except in cases
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 allowed by RBI is known as?
a) Bank Rate b) Prime Lending Rate
c) Repo Rate d) Base Rate
ii). Name the input device for feeding data in computer?
iii). When a fixed deposit mature, Bank credits _____ to the account
a) Interest only b) Principal plus Interest only
c) Principal only d) None of these
iv). In case of floating rate loan, borrower will benefit if the
a. Interest rate remains constant
b. Interest rate in the future is higher
c. Interest rate in the future is lower
d. Interest rate has no bearing
v). Export Import Bank of India (EXIM Bank) was set up in _________
vi).What is the policy related to direct taxes and government spending refers to?
a) Credit Policy b) Monetary Policy
c) Fiscal Policy d) Government Policy

SECTION B: SUBJECTIVE TYPE QUESTIONS

Answer any 2 out of the given 3 questions on Employability Skills (3x2=6
marks) Answer each question in 20 – 30 words.
Q.6 State any two types of fear that act as barrier for an entrepreneur. (3)
Q.7Mention any two ways to reduce greenhouse gases in environment by bank
employees. (3)
Q.8 What is presentation? How is it useful for bank employee? (3)
Answer any 3 out of the given 4 questions in 20 – 30 words each (2x3=6marks)
Q.9 R invested ₹8,000 for 2 years @10% p.a. compounded annually. Find the total
amount and interest received by Mr.R. (2)
Q.10 State the meaning of fiscal policy. (2)
Q.11Write a short note on reverse repo-rate? (2)
Q.12 What does the word ‘Deposits’ means in banks’ balance sheet? (2)
Answer any 2 out of the given 3 questions in 30– 50 words each (3x2=6marks)
Q.13 Differentiate between fixed and floating rate interest (3)
Q.14 What is meant by Inflation? Who is responsible to control inflation? (3)
Q.15 Explain the implication of CRR on interest rate and inflation? (3)
Answer any 3 out of the given 4 questions in 50– 80 words each (4x3=12marks)
Q.16 What are the powers of RBI for regulating the Banks? (4)
Q.17 Explain the calculation of Maturity date of Bills of Exchange? (4)
Q.18 What is the difference between Simple Interest and Compound Interest? (Any
four) (4)
Q.19 Briefly explain any four liabilities of bank indicated in its balance sheet? (4)
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