Class 11 Revision Test 2024-25 Question Paper Banking

VANASTHALI PUBLIC SCHOOL
SESSIONi2024-25
REVISION TEST
CLASS-NI
SUBIET-BANKING
TIME: 3 Hrs.
M.M: 60
General Instructions:
" Please read the instructions carefully
This Question Paper consists of 40 questions in two sections - Section A& Section B
Section Ahas Objective type questions whereas Scction Bcontains Subjective type questions
SECTION A - OBJECTIVE TYPEQUESTIONS (30 MARKS):
" SECTION B-SUBJECTIVE TYPEQUESTIONS (30 MARKS);
SECTION A: OBJECTIVE TYPE QUESTIONS (30 Marks)
Q1 Which type of deposit account is suitable for business organizations?
a) Saving deposit b) Current deposit
b) Recurring deposit c) Fixed deposit
Q2 In the general form of partnership, liabilities of partners are: 1

a) Limited b)Unlimited
b) Limited to the business capital d) Limited to the profit -sharing ratio
Q3 Abank is a financial intermediary because 1

a) it acts as the broker between depositor and borrower
b) it acts as the link between the savers and the borrowers
c) it is in the finance industry
d) it is in the intermediary industry
Q4 An Investment Bank is a bank 1

a) Which ínvests money in another bank
b) Which collects investments from public
) An intermediary which performs a variety of financial services to corporate
d) None of these
Q.5 are NOT a part of the Scheduled banking structure in India. 1
a) Money lenders b) Public sector banks
c) Private sector banks d) Regional rural banks

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Q.6 NABARD stands for: 1

a) national bank for agriculture and rural development
b) national bank for agriculture refinance and development of
c) national boardof agricultural research and development
d) national academy of banking on agricultural research and development
Q.7 Which of thefollowing is NOTa retail banking product? 1
a) Saving deposit c) Current deposit
b) Fixed deposit d) Recurring depositee
Q.8 Which of the following is NOT a function of Commercial Bank? o1
a) Providing Project Finance Settling of payments on behalf of the customers
b) Deciding policy rates like CRR, SLR and Repo rate
c) Issuing credit /debit / ATM cards

Q.9 In commercial banking, who takes the risk while giving the loan?
a) Depositor b)Borrower
c) Commercial Bank d) Central Bank
Q.10 Minor's account can be opened in the guardianship of
Q.11 What is the relationship of the Bank hires out with the safe deposit locker? 1

a) Debtor b)Creditor c) Agent d) Lesser
Q.12 List of Fee Based Products provided are: 1

a) Insurance b) Mutual Fund
c) Investment Advisory Services d) Allof these
Q.13 Reserve Bank of India is the of India 1

In the general form of partnership, liabilities of partners are: NBPC stanols to.
a) Limited b) Unlimited
c) Limited to the business capital d) none of these

Q.15 The written agreement of partnership is most commonly referred to as: 1

a) Agreement b) Partnership deed
c) Partnership contract d) Partnership Act
Q.16 Which of the following are the objectives behind nationalisation were: 1

a) To break the ownership and control of banks by a few business families
b) To prevent the concentration of wealth and economic power
c) To mobilize savings from masses from all parts of the country
d) All of the above
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Q.17 In a partnership company, a person
who simply invests the money is known as
partner.
a) Working Partner
b) Sleeping Partner
c) Normal Partncr
d)none of these
O.18 Which of the following is NOT a
feature of Commercial Bank 1
a) Accepting deposits
b) lending loans
c) Utility functions
d) Banker's Bank
Q19 10. Reconciliation process is initiated
1
a) When there is an Exception
b) When there is Mismatch in
Accounts (cash &Securities Assets
c) Asa matter of routine to ensure both books
(Cash & Pass Book) match
0.20 Bullion Dealers come under the category of 1
a) Low Risk b) Medium Risk
c) High Risk d) Any of them as per the judgment of the Bank
0.21 What is the purpose of communication? 1
(a) Inform (tell someone about something)
(b) Influence (get someone to do something you want)
(c) Share thoughts, ideas, feelings
(d) Allof the above
Q.22 By which action can a sender send his or her messages? 1
(a) Listening (b) Speaking (c) Sleeping (d) None of the above
Q23 Which of these is not an appropriate non-verbal communication at work? 1
(a) Putting arm around a coworker's shoulder
(b) Shaking hands firmly
(c) Looking at the speaker with a smile
(d) Standing with an upright posture
Q.24 When you are preparing for a presentation, you should 1

(a) focus on the message (b) practice hand gestures
(c) try different speaking techniques (d) All of the above
Q.25 Do you think people living in hill stations can skip taking bath for many days? 1

(a) No, irespective of the climate, one should take a bath regularly.
(b) Not taking bath for many days is acceptable for people staying in cold climate.
(c) If youwipe yourself with a wet cloth, that is enough.
(d) Yes, living in hillstations can skip taking bath for many days.
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Q.26 What is a sentence?
1
(a) A group of ideas that forms a
(b) Agroup of words that complete paragraph.
communicates acomplete thought,
(c) A set of rules that wemust
follow to wnitecorrectly
(d) Aset of words that contains all the
basic punctuation marks.
2.27 Ravi works hard to get the best student award at the end of
is this? the ycar What type of motivati on 1

(a) Intemal (b) External
(c) Both internal and external
(d) Not any specific type of moivation
Q.28 Which of the following options are word
processors? Select all the correct options. 1
(a) Google Docs (b) LibreOMice Writer
(c) MicrOsoft Word
(d)All of the above
Q29 \Which menu option has the commands Save, Print and
Close? 1
(a) lnsert (b) File (c) Tools (d)Format
Which menu option willyou use to start the spellchecker in Libre Offce Writer? 1
Q30 (a) Tools>Spelling (b)Tools>Automatic Spell Checking
(c) Tools>Language (d) Tools>Options

SECTION B: SUBJECTIVE TYPE QUESTIONS (30 Marks)
Q. 31 Define Negotiable Instrument
Q. 32 Difference between lessor and lessee
Q. 33 Explain the relationship between Bailer and Bailee 2

Q. 34 Explain in detail the non verbal communication. 3

Q.35 Explain the different modes of creating charge on securities 3

Q. 36 difference between Cash Credit and Overdraft facility? 3

Q. 37 Difference between Fixed deposit and Recurring deposit. 3
OR
Write a short note on Banker's bank
Q. 38 What are the types of endorsements available as per NIact? 4
OR
What is minor account and what are the requirements for opening a minor account?
4
Q.39 Explain the functions of Commercial Bank.
OR

Explain the differences between Partnership and Corporate accounts?
4
Q40 Explain the bills discounting process.
OR

Explain the parties to the Promissory note and cheque?

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