CBSE Class 10 Marking Scheme 2022 for Banking Insurance

CBSE | DEPARTMENT OF SKILL EDUCATION BANKING & INSURANCE (SUBJECT CODE-411) CLASS X (SESSION 2021-2022) MARKING SCHEME FOR TERM -1 Max. Time Allowed: 1 Hours Max. Marks: 25 General Instructions: 1. Please read the instructions carefully 2. This Question Paper is divided into 03 sections, viz., Section A, Section B and Section C. 3. Section A is of 05 marks and has 06 questions on Employability Skills. 4. Section B is of 15 marks and has 20 questions on Subject specific Skills. 5. Section C is of 05 marks and has 07 competency-based questions. 6. Do as per the instructions given in the respective sections. 7. Marks allotted are mentioned against each section/question. 8. All questions must be attempted in the correct order SECTION A Answer any 5 questions out of the given 6 questions on Employability Skills (1 x 5 = 5 marks) 1. c) Phone call 1 2. c) confidence 1 3. b) external 1 4. a) bootup 1 5. c) It can over heat 1 6. d) Confident 1 SECTION B Answer any 15 questions out of the given 20 questions (1 x 15 = 15 marks) 7. a) By mere delivery if payable to bearer 1 8. b) 3 months 1 9. a) 50% 1 10. a) zero 1 11. a) Takes the security 1 12. c) 3 years 1 411-MS -X-Term-1-(2021-22) 1

13. b) Drawee 1 14. b) Drawer only along with his full signature 1 15. a) Release loan money or funds to borrower 1 16. b) pledged to bank 1 17. a) Revolving loan limit 1 18. c) It ensures payment to payee. 1 19. d) Credit Card loans 1 20. c) 60 months 1 21. d) principle of Probability 1 22. a) Alpha numeric 11-digit code 1 23. c) ) A Negotiable Instrument is necessarily drawn on a specific banker 1 24. a) Sponsor Bank 1 25. c) National Electronic Fund Transfer 1 26. c) It is payable to the bearer 1 SECTION C (COMPETENCY BASED QUESTIONS) Answer any 5 questions out of the given 7 questions (1 x 5 = 5 marks) 27. b) Acknowledgement of debt 1 28. a) Fixed rate 1 29. c) scan of the physical cheque 1 30. b) Overdraft 1 31. d) Cash credit 1 32. c) RTGS 1 33. b) Demand Draft 411-MS -X-Term-1-(2021-22) 2