Goa Board Class 12 Question Paper Mar 2018 Banking _New Pattern_

2018 III 21 1000 Seat No. :

Time : 2½ Hours BANKING
(New Pattern)

Subject Code



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Total No. of Questions : 22 (Printed Pages : 3) Maximum Marks : 55
INSTRUCTIONS : 1) The question paper consists of 22 questions.
2) Marks for each question are indicated against it.
3) Answer each “PART” on a fresh page.
4) All questions are compulsory.
5) ‘PART – A’ – are very short answer type questions.
‘PART – B’ – Questions should be answered in about
30 words each.
‘PART – C’ – Questions should be answered in about
60 words each.
‘PART – D’ – Questions should be answered in about
100 words each.

PART – A

1. Name the body that has the authority to receive timely returns from all the Banking
companies in India. [1]

2. What is the minimum paid-up share capital and reserves prescribed for an Indian
Banking Company which is operating in a remote area in Bihar ? [1]

3. Mrs. Simran Coelho, has deposited her gold ornaments in a locker at the State
Bank of India-Panaji. Identify the legal position of the Banker in this case. [1]

4. In what capacity does the banker act when he provides information about the
credit-worthiness of his customer to a third party ? [1]

5. What is the difference between the market value of securities and the amount
advanced by a banker against them termed as ? [1]

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PART – B

6. Draft a neat proforma of the Balance Sheet of a Banking Company as required
under the Banking Regulation Act, 1949. [2]
7. How is a cost freight and insurance price quotation different from a free alongside
ship price quotation ? [2]
8. A Garnishee order served on a banker not only imposes some obligations but
also confers certain rights on him.Discuss any 2 rights that the Banker can exercise
in this regard. [2]
9. A Banker is obliged to maintain secrecy about his customers account, yet in
certain situations he is justified in disclosing details. Highlight any 2 such situations
where in disclosure of bank details is allowed. [2]
10. How do the following factors help a banker in examining a loan proposal ?
a) purpose
b) security. [2]
11. Ms. Shalini Khopre, has recently completed her Dress Designing Diploma and
has approached your bank for a loan of rupees seven lakhs inorder to open
a Boutique. As a Branch Manager, how would you consider her loan proposal ?
[2]

PART – C
12. Explain the following schedules as appearing in the Final Accounts of a Banking
Company.
a) Fixed Assets
b) Investments
c) Interest Earned. [3]
13. The Banking Regulation Act, 1949 governs the efficient working of Banks in
India. In this regard, highlight any six objectives of the Banking Regulation Act.
[3]
14. ‘Exporters consider a revocable letter of credit as risky and unsecure as
compared to an irrevocable letter of credit’. Comment. [3]
15. Mr. Robert Da Costa appoints the Central Bank Mapusa Branch to make payment
of his insurance premiums to the Life Insurance Corporation of India Mapusa
Branch on his behalf. As a Branch Manager, what precautionary measures
will you take while discharging this duty ? [3]

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16. Bring out any 3 differences between mortgage and pledge. [3]

17. ‘Bright Lights’, a small scale industry, manufacturing LED lights has approached
your bank for a loan. As a Branch Manager, what factors will you consider while
disbursing the loan ? [3]

PART – D

18. State any 4 activities prohibited for a Banking Company in India and the
exceptions to the same. [4]

19. The ECGC fosters India’s foreign trade transactions by offering a number of
policies and financial guarantees to businessmen. Elaborate. [4]

20. ‘International Trade’ is the core theme in conducting business in the current era
of globalisation. In this regard, draw out any 4 benefits of International Trade to
the economy. [4]

21. Is the Banker allowed to exercise his right of general lien under the given
situations . Justify your answer with suitable reasons.
a) Safe custody deposits
b) Goods coming into hands of the Banker
c) Securities jointly held by borrower and third party
d) A life insurance policy. [4]

22. Describe the suitability of the following securities as cover against a bank
advance. [4]
a) Real estate
b) Shares of a public company.
OR

Discuss the suitability of the following types of securities as a cover for granting
bank advances.
a) Document of title to goods
b) Government securities.
_______________

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