Goa Board Class 10 Question Paper June 2019 Banking Financial Services and Insurance NSQF

2019 VI 19 0930 Seat No.

Time : 1½ Hours BANKING FINANCIAL SERVICES AND
INSURANCE

Subject Code (NSQF)

S 0 8 4

Total No. of Questions : 3 (Printed Pages : 8) Maximum Marks : 30

INSTRUCTIONS : (i) Answer each question on a fresh page.

(ii) Write the question number and sub-question number

clearly.

(iii) All questions are compulsory.

(iv) Figure to the right indicate full marks.

(v) Mention seat No. on Demand Draft form and attach if to

answer paper.

1. (A) Choose and write the correct alternative from the options given

below each statement and rewrite the complete statement : 3

(i) For a foreign resident person, minority age is ........................ .

(a) 18 years

(b) 21 years

(c) 60 years

(d) 25 years

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(ii) In bank ............ is an arrangement between a banker and his customer
by which the customer is allowed to withdraw over and above the
credit balance in the current account up to an agreed limit.

(a) overdraft

(b) cash credit

(c) cheque

(d) loan

(iii) Maximum number of partners in a partnership firm can
be .............................. .

(a) 50

(b) 100

(c) 150

(d) 111

(iv) In banking business, ......................... are the persons, appointed
to administer the property of a deceased person.

(a) executors and administrators

(b) official liquidators

(c) banking ombudsman

(d) karta

(v) List of directors and copy of Form 32 is required for
a .................... .

(a) trust

(b) company

(c) HUF

(d) society
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(vi) Generally ........................ account is opened for non-individuals.

(a) current

(b) saving

(c) recurring

(d) fixed

(B) Answer the following questions in more than two sentences each : 3

(i) What is meant by mortgage loan ?

(ii) What is an income audit ?

(iii) State any two types of listening.

(C) Answer the following questions in more than four sentences each : 4

(i) What is meant by private company.

(ii) State and explain strategic plan for handling complaints.

2. (A) Choose and correct alternatives from those given below each statement

and rewrite the complete statement : 3

(i) Company incorporated outside India, having a place of business

in India and conducting any business activity in India is known

as ................................ .

(a) foreign company

(b) government company

(c) one person company

(d) private company

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(ii) Under Consumer Protection Act, 1986, an appeal against the

decision of the State Commission can be filed before the

National Commission, within ............. days from the date of order.

(a) 30

(b) 45

(c) 15

(d) 90

(iii) An expression of dissatisfaction whether justified or not is called

as a ........................... .

(a) complaint

(b) suggestion

(c) gratitude

(d) order

(iv) The specific instruction to be followed when conducting an audit

is known as ....................................... .

(a) audit guideline

(b) audit plan

(c) annual plan

(d) action plan

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(v) Doing banking business with individual customers is known as
............................ banking.

(a) wholesale

(b) retail

(c) corporate

(d) co-operative

(vi) While opening an account Permanent Account Number (PAN)
Card is obtained. This is issued by .......................... .

(a) Income Tax authority

(b) National Bank for Agriculture and Rural Development

(c) Securities Exchange Board of India

(d) Reserve Bank of India

(B) Answer the following questions in more than two sentences each : 3

(i) What is meant by pass book ?

(ii) What is upward communication in bank ?

(iii) Who is called a lunatic person ?

(C) Answer the following questions in more than four sentences each : 4

(i) State various document required to open a bank account for an
individual.

(ii) What is meant by statement of account ?

3. (A) Answer the following questions in more than two sentences each : 3

(i) What is meant by remittance ?

(ii) What is the qualification of banking lokpal ?

(iii) What is “NO Frill” savings bank account ?

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(B) Answer the following questions in more than four sentences each : 3

(i) Explain how a branch manager of a bank can keep cash safe.

(ii) Mr. Kishan wants to open a bank account. State the procedure

to open saving bank account.

(C) Fill the Demand Draft form given with the question paper based on

the information given below and attach it to the answer paper. 3

Details Senders Information Receivers Information :

Name Mr. Aufsin D'souza Infotech India

Address Salcete Goa Pune, Maharashtra

Bank name HDFC Bank, Salcete Goa HDFC Bank, Chinchwad Branch

Account No. 111098765432 123456789101

Cheque No. 764534 ................................................................

IFSC Code HDFCXXXX45 ................................................................

Phone No. 0832-2222222 ................................................................

Amount: Rs. 50000/- ................................................................

Purpose Payment of services provided ................................................................

Bank Charges Rs.80 ................................................................

Date 30-05-2019 ................................................................

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Seat No.

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