Goa Board Class 12 Sample Paper 2026 Banking

BANKING SYLLABUS FOR STANDARD XII COMMERCE
UNIT I
A) FINAL ACCOUNTS OF BANKS AS REQUIRED BY THE BANKING
REGULATION ACT
1. Proforma of the Profit and Loss Account and details of all the schedules appearing therein
2. Proforma of the Balance Sheet and details of all the schedules appearing therein

B) BANKING REGULATION ACT
Some important sections of the Act relating to:
1. Objectives of passing the Act
2. Definition of banks
3. Functions of banks
4. Activities prohibited for banks
5. Various returns to be submitted by the banks to the RBI
6. Inspection by the RBI
7. Directives issued by the RBI
8. Licensing of banks
9. Capital Requirements
10. Opening of branches
11. Provisions regarding Cash Reserves, Liquidity Ratio
12. Management of banks
13. Winding Up of banks

UNIT II: INTERNATIONAL TRADE
A) Need for international trade, International division of labour, advantages and
disadvantages of international trade, comparison of domestic trade with international trade
B) Banks and foreign trade
1. Methods of payment used in international trade
2. Letters of Credit: Meaning, definition, types of LC, parties to LC, Procedure of opening
LC, importance of documents in LC transactions, negotiation of Bills under LC

3. Various shipping documents: Bills of Lading, Bills of Exchange, Commercial and
Consular Invoice, Certificate of Origin, Packing List, Health Certificate, Uniform Customs
and Practice for Documentary LC, International Commercial Terms
4. Issuing and encashment of traveler’s cheques, purchase and sale of foreign currency notes
and coins, currencies of various countries
5. Role of ECGC and EXIM Bank in financing international trade

UNIT III: GENERAL BANKING BUSINESS
A)
1. General relationship between banker and customer- debtor- creditor, agent- principal,
bailee- bailor, trustee-beneficiary relationship
2. Banker’s obligation to honour cheques
3. Garnishee Order- Meaning, Steps in the issue of a garnishee order
4. Banker’s obligation to maintain secrecy of customer’s accounts- exceptions to the rule of
secrecy
5. Banker’s Rights- Right of general lien, Right of set-off, Right of appropriation of accounts,
Right of charging compound interest and Right of charging commission
B) Ancillary services rendered by banks:
Executor, Administrator, Trustee, References given by banks, Standing instructions, Credit
cards, Debit cards, Buying and selling securities on behalf of customers.

UNIT IV: LOANS AND ADVANCES AND PRIORITY SECTOR ADVANCES
A) LOANS AND ADVANCES
1. Principles of good lending- safety, liquidity, profitability, security, spread, national
interest, liquidity v/s profitability of banks
2. Borrower study and status report- character, capacity, capital, personal interview of the
borrower
3. Secured Loans- Characteristics of good security
Margin- Meaning, Need, basis of charging margin
4. Methods of creating charge over securities- Lien, Pledge, Hypothecation, Mortgage and
Assignment (meaning, features and differences)

5. Various securities accepted by banks-

-Stock exchange securities: Government securities, Shares and debentures issued by joint
stock companies, others- NSC, KVP
-Land and building
-Life insurance policies
- Goods and commodities
- Documents of title to goods
- Fixed deposit receipts
- Gold
(Precautions to be taken by banks, advantages and disadvantages to the banker)

B) PRIORITY SECTOR LENDING TO:
1. Agriculture
2. Small Scale Industries
3. Transport operators
4. Self-employed/ educated unemployed
5. Small traders
(Precautions to be taken by bankers while lending, for prompt recovery of loans advanced to
these sectors)

BANKING SYLLABUS (PRACTICALS) FOR STANDARD XII COMMERCE
A) PROBLEMS
1. Disclosure to the police
2. Safe custody of articles- Power of attorney
3. Safe deposit locker- Death of the renter
4. Arrest of a customer
5. Advances against shares
6. Garnishee order
7. Set-off against the account of a partnership firm
8. Letter of credit
9. Remittance of funds- Telegraphic transfer
10. Limitation period
B) SPECIMENS OF
1. Demand Draft
2. Demand Promissory Note
3. Travelers cheque
C) APPLICATION FORM FOR
1. Travelers cheques
2. Loan against term deposits
3. Documentary credit
4. House loan
Reference books:
Banking Theory Law and Practice- B.S. Raman,
Banking Law and Practice- P.N. Varshney and H.C Agarval
Practical Problems on Commercial Banking- H.C Agarval

DISTRIBUTION OF UNITS AND MARKS AS PER THE EXAMINATIONS TO BE
HELD DURING THE ACADEMIC YEAR 2025- 2026
SUBJECT: BANKING (4601) STD: XII

The weightage/distribution of marks over different dimensions of the question paper shall
be as follows:
1) Weightage to Learning Outcomes

Sr. Learning Outcomes Marks Percentage
No.
1 Knowledge 21 30 %
2 Understanding 35 50 %
3 Application 14 20 %
TOTAL 70 Marks 100 %

2) Weightage to Difficulty Level of questions.
Sr. Estimated Difficulty Level Marks Percentage
No.
1 Easy 14 20 %
2 Average 42 60 %
3 Difficult 14 20 %
TOTAL 70 Marks 100 %
A question may vary in difficulty level from one individual to another. As such the marking of
the difficulty level in respect of each question will be made by the paper setter on the basis of
general anticipation from the group as a whole, taking the examination into consideration. This
provision is only to make the paper balanced in weightage, rather than to determine the pattern of
marking at any stage.
3) Weightage to Content/Subject Units Duration : 3 hours
Sr. UNITS Topics Marks
No
1. Unit 1- Final Accounts of Banking Companies 10
2. Banking Regulation Act -1949 10
3. Unit 2 – Banks and International Trade 14
4. Unit 3 – Banker- Customer Relationship & Banker’s Rights 10
5. Ancillary Services 06
6. Unit 4- Loans & Advances 12
7. Priority Sector Advances 08
TOTAL 70

FINAL PRACTICAL EXAMINATION
Duration: 90 Minutes Max. Marks: 20
Q. No. Topic Marks
1 Problem 4
2 A. Specimen 3
B. Specimen 3
3 Problem 4
4 Application form 4
Journal 2
Total 20

Note:
The guidelines/ general instructions for the assessment of answer
booklets of candidates by the internal and external examiners together,
will be as follows:

1. The External Examiner will assess
Q.1 (1 problem) of 4 marks
Q.2. A) and B) (2 Specimens) of 3 marks each

2. The Internal Examiner will assess
Q.3 (1 problem) of 4 marks and
Q.4 (1 application form) of 4 marks each.

The internal examiner will also assign marks (Max 02 marks) for the
certified journal.

I. MID TERM TEST
Duration: 1 hour Max. Marks: 20
Unit No. Name of the Unit Marks
Unit 1 A. Final accounts of banks 06
B. Banking Regulation Act, 1949 14
Total 20

II. FIRST TERM EXAMINATION
Duration: 2 1/2 hours Max. Marks: 60
Unit No. Name of the Unit Marks
Unit 1 A. Final accounts of banks 10
B. Banking Regulation Act, 1949 20
Unit 2 Banks and International Trade 20
Unit 3 Banker Customer Relationship 10
Total 60

III. FIRST TERM PRACTICAL EXAM
Duration: 1 1/2 hours Max. Marks: 20
Problems Any one problem 4 marks
Specimens Any two Specimens 6 marks
Problems Any one problem 4 marks
Application Any one Form 4 marks
forms
Journal Complete journal 2 marks
TOTAL 20 MARKS

NOTE: The Teacher can use his discretion to test the students on any topic of his
choice for the mid-term test and first term examination. The above are only
suggested topics.

MODEL STD. XII BANKING QUESTION PAPER, FINAL EXAMINATION

To be implemented from the academic year 2025-2026 onwards

Time: 3 hours FINAL EXAMINATION BANKING

Subject Code

H 4 6 0 1

Total No. of Questions: 35 Maximum marks: 70

INSTRUCTIONS:
i. The question paper consists of 35 questions.
ii. All questions are compulsory.
iii. There is no overall choice for questions. However, there is an internal choice
for Question No. 35
iv. Marks for each question are indicated against it.
v. Questions 1 to 18 are multiple choice questions. Every question/incomplete
statement has four choices and only one of them is the correct answer.
Choose the correct answer and rewrite.
vi. Questions 19 to 23 should be answered in about 30 words each.
vii. Questions 24 to 29 should be answered in about 60 words each.
viii. Questions 30 to 35 should be answered in about 100 words each.
ix. Use only blue ball point pen for answering on the answer-book.

1. The time period within which the accounts of Banking Companies 01
have to be submitted to the RBI from the closure of the financial year
is _____________.
 1 month
 2 months
 3 months
 4 months

2. What is the maximum CRR that can be prescribed for banking 01
companies in India?
 3% of the time and demand deposits
 25% of the time and demand deposits
 15% of the time and demand deposits
 40% of the time and demand deposits

3. Under which schedule does the item ‘Commission received’ appear 01
in the Final Accounts of the banking company?
 Other income
 Fixed assets
 Interest earned
 Other assets
4. Which of the following is recorded in the Profit & Loss Account of a 01
banking company?
 Cash in hand and balance with RBI
 Investments of the Bank
 Advances of the Bank
 Interest earned by the bank

5. Which of the following document will help the custom officials in 01
calculating the custom duty to be levied on the goods traded?
 Health Certificate
 Insurance Policy
 Packing List
 Consular Invoice

6. Identify the organization which aims to facilitate globalization of 01
Indian business.
 RBI
 EXIM Bank
 Advising Bank
 Negotiating Bank

7. Which of the following type of Letter of Credit is considered to be 01
risky for an exporter?
 Revocable Letter of Credit
 Irrevocable Letter of Credit
 Fixed Letter of Credit
 Red Clause Letter of Credit

8. Identify the type of Letter of Credit is issued by the issuing bank 01
without insisting that the bills drawn under the letter of credit
transaction be accompanied by relevant shipping documents.
 Clean Letter of Credit
 Irrevocable Letter of Credit
 Documentary Letter of Credit

 Red Clause Letter of Credit

9. Fall in the value of the Rupee against foreign currency may lead to 01
______________
 depletion of natural resources
 excessive outflow of the Nation’s foreign reserves
 unhealthy competition between nations
 excessive imports by the country

10. Which of the following is the fundamental duty of the banker towards 01
its customers?
 To provide investment advice
 To guarantee loan proposals
 To maintain confidentiality
 To offer marketing schemes
11. What is the banker’s obligation when a customer requests for a loan? 01
 To approve the loan without evaluation
 To disapprove the loan without evaluation
 To evaluate the loan proposal based on customer’s
creditworthiness
 To sanction the loan without evaluating customer’s
creditworthiness
12. What will be the effect of garnishee order on a bank account? 01
 The account will be closed immediately
 The account will be frozen, no transactions will be allowed
 The account will be directly debited to pay the creditor
 There will be no effect on the account

13. What is the primary objective of diversified lending practiced by the 01
banks?
 To increase profits
 To reduce risks
 To improve customer service
 To comply to banking regulations
14. Which of the given security will be accepted by the bank due to its 01
marketability?
 Shares of Private Company
 Shares of Public company
 Seasonal Goods
 Perishable Goods
15. Mr. ‘R’ has approached the Bank to finance the purchase of electric 01

bike for Rs. 1,50,000/- .Which method of creating charge will be
considered most suitable in case of the said security?
 Assignment
 Hypothecation
 Mortgage
 Pledge

16. Which of the following will a banker be reluctant to accept as a 01
security against a long term loan?
 Shares of a public company
 Debentures of a well-established company
 Stock of goods
 Real Estate

17. What is the legal position of the Banker when he accepts fixed deposit 01
receipt as a security?
A) Pledgee
B) Hypothecatee
C) Mortgagee
D) Assignee

18 ‘Priority Sector’ lending guidelines will be applicable to which of the 01
following type of loans?
A) Personal Loans
A) Agricultural Loans
B) Loans to MNC’s
C) Unsecured Loans
19. ‘CRR & SLR’ are tools used by the RBI to control bank credit 02
&increase the safety of funds. Justify the given statement with two
reasons.

20. The Reserve Bank of India refused to grant license to a foreign origin 02
bank for commencing its business in India. With reference to the
statement bring out the reasons for such refusal. (2 points)

21. Provide details for the schedule ‘Interest Earned’, as appearing in the 02
Profit & Loss Account of a Banking Company.

22.. Provide details for the schedule ‘Other Assets’, as appearing in the 02
Final Accounts of a Banking Company.

23. Explain any two advantages of International Trade. 02

24. Explain the working of a revolving letter of credit with the help of a 03
suitable example.

25. With the help of suitable examples explain three circumstances under 03
which a banker is permitted to disclose information of a customer’s
account.

26. Mr. X your customer has given a standing instruction to pay his 03
monthly insurance premiums. As a banker, what precautions will you
take while discharging your duty in this case? (3 points)

27. Why do people prefer appointing their banker as ‘Trustee’ of their 03
property rather than individuals? (3 points)

28.. How does ‘Pledge’ differ from ‘Mortgage’ as a method of creating a 03
charge on securities for bank advances? (3 points)

29. Mr. P has approached your branch for a loan to purchase an mini bus 03
for business purpose. What aspects will you consider before
disbursing the loan?

30. What provisions have been laid down under the Banking Regulation 04
Act, 1949 with respect to the management of banking companies in
India?

31.. Draft a neat specimen of the Balance Sheet of a Banking Company as 04
required under the Banking Regulation Act of 1949.

32. An exporter has submitted the following documents under a Letter of 04
Credit arrangement:
a) Bill of Lading b) Marine Insurance Policy
As the manager in the Negotiating Bank, what aspects will you
consider while scrutinizing these documents?

33. A banker is often termed as a ‘dignified debtor’. Justify this statement 04
with four reasons.

34. Mr. RK who owns a small scale industry in the Cuncolim Industrial 04
Estate has approached you for a loan of Rs. 2 lakhs for the purchase of
equipment. As a bank manager, what aspects will you consider while
sanctioning the loan?

35. i) A customer approaches you with a proposal for an advance against 04
the following securities:
a) Stock of wheat grains b) Shares issued by Britanica Pvt. Ltd.

As a branch manager, which of the securities will you accept and why.

Or

ii) Discuss the comparative suitability of the following securities as
cover for a bank advances:
a) Land and Building b) Life Insurance Policies.

BLUE PRINT- FINAL EXAMINATION, XII COMMERCE, BANKING 2025- 2026

DURATION: 3 HOUR MAX. MARKS: 70

Objective Knowledge Understanding Application Total
s
Content VS SA-I SA- LA VSA SA- SA - LA VSA SA SA LA
A II I II -I -II

Banking 2(1) 1(4) 2(2) 10
Reg. Act
Final 2(1) 2(2) 1(4) 10
Acc.
Foreign 1(1) 1(2) 2(1) 1(3) 1(4) 2(1) 14
Trade
Banker- 3(1) 1(3) 1(4) 10
customer
relations

Ancillary 2(3) 06
services

Loans & 1(1) 4(1) 1(3) *1(4) 12
advances

Priority 1(1) 1(3) 1(4) 08
sect. adv.

Total 07 06 - 08 09 04 18 04 02 - - 12 70
Marks
(Marks per question are shown in the brackets and number of questions is shown out of the brackets)
*Denotes choice in question.

Knowledge: 21 marks (30 %) Easy: = 14 marks (20 %)

Understanding: 35 marks (50 %) Average: 42 marks (60 %)

Application: 14 marks (20 %) Difficult: 14 marks (20 %)

Total: 70 marks (100 %) Total: 30 marks (100 %)