CBSE Class 10 Question Paper 2025 Banking and Insurance

Series : HF1EG SET – 4

 . - 
Roll No. Q.P. Code
98
 -   - 
-    
Candidates must write the Q.P. Code on
the title page of the answer-book.

  
BANKING AND INSURANCE
{ZYm©[aV g‘¶ : 2 KÊQ>o A{YH$V‘ A§H$ : 50
Time allowed : 2 hours Maximum Marks : 50

●       -    15  
●       -  21   
● -        -    -  -   
●         , -        
 
●  -     15        -     10.15 
   10.15   10.30     -       
 -      
● Please check that this question paper contains 15 printed pages.
● Please check that this question paper contains 21 questions.
● Q.P. Code given on the right hand side of the question paper should be written
on the title page of the answer-book by the candidate.
● Please write down the serial number of the question in the answer-book
at the given place before attempting it.
● 15 minute time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the
candidates will read the question paper only and will not write any answer on
the answer-book during this period. ~

98 523 Page 1 of 16 P.T.O.

  :
(i)    
  
(ii)  -     21   : -  - 
(iii) -      ,  -       

(iv)  (5 + 16) = 21   ,   2    ()  
(5 + 10) = 15      
(v)                 
(vi) - :     (24 )

(a)    5   
(b)      
(c)       
(d)   /           
(vii) - :     (26 )
(a)    16   
(b)   10    
(c)       
(d)   /           

 – 
(   )

1.        6     4      41=4

(i) -  _____       ,       
     
(A) - (B) -
(C) - (D) 
98 Page 2 of 16 ~

General Instructions :

(i) Please read the instructions carefully.
(ii) This question paper consists of 21 questions in two sections : Section-A &
Section-B.
(iii) Section-A has objective type questions whereas Section-B contains
subjective type questions.
(iv) Out of the given (5 + 16) = 21 questions, a candidate has to answer
(5 + 10) = 15 questions in the allotted (maximum) time of 2 hours.

(v) All questions of a particular section must be attempted in the correct
order.
(vi) Section-A : Objective type questions (24 marks)
(a) This section has 5 questions.
(b) There is no negative marking.
(c) Do as per the instruction given.
(d) Marks allotted are mentioned against each question/part.
(vii) Section-B : Subjective type questions (26 marks)
(a) This section has 16 questions.
(b) A candidate has to do 10 questions.
(c) Do as per the instruction given.
(d) Marks allotted are mentioned against each question/part.

Section – A
(Objective Type Questions)

1. Answer any 4 out of the given 6 questions on Employability Skills. 41=4
(i) Self-management, also known as _________ is the ability to effectively
control one’s emotions.
(A) Self-control (B) Self-innovative
(C) Self-design (D) Stress
98 Page 3 of 16 ~ P.T.O.

(ii)      

(iii) _____                 
(A)  ()  (B)  
(C)   (D) 

(iv)          ?
(A)   (B)  
(C)   (D)  

(v)              
   , _____    
(A)  (B) 
(C)  (D) 

(vi)             ?
(A)   (B)  
(C)   (D) 

2.    6     5      51=5

(i)     
(A)    
(B)   - 
(C)    
(D)    

98 Page 4 of 16 ~

(ii) Define Emotional Intelligence.

(iii) _________ is used to send commands and to confirm a task on a
computer.
(A) Key command (B) Enter key
(C) Keyboard (D) Mouse

(iv) Election campaigns are the example of which type of communication ?
(A) Public communication
(B) Personal communication
(C) Written communication
(D) Visual communication

(v) The farming in which farmers do not use chemical pesticides and
fertilizers to increase their production is called _________ farming.
(A) Organic (B) Inorganic
(C) Modern (D) Ancient

(vi) Which of the following is the reason of success of an entrepreneur ?
(A) Good degree (B) More capital
(C) Hard work (D) Markets

2. Answer any 5 out of the given 6 questions. 51=5
(i) Negotiable instruments means
(A) A document transferable by delivery.
(B) A non-transferable document by delivery
(C) Unspecified Bank A/c. holder
(D) Risky and inconvenient

98 Page 5 of 16 ~ P.T.O.

(ii)     _____   
(A)  (B) 
(C)  (D) 

(iii)    ‘’    ,   _____    :
(A)    (B)  
(C)   (D)  

(iv)              ?
(A) -      (B)     
(C)     (D)    

(v)   _____      
(A)  (B) 
(C)  (D)  

(vi)    _____      
(A)  (B) 
(C)  (D) 

3.     6     5      51=5
(i)             ?

(ii) ‘ ’   _____    
(A)   (B)  
(C)   (D)  

(iii) _____      ,       
(A)  (B)  
(C)  (D)  

98 Page 6 of 16 ~

(ii) The person who draws the cheque is called _________.
(A) Drawee (B) Payee
(C) Drawer (D) Customer

(iii) When a cheque is not ‘crossed’ it is known as
(A) an open cheque (B) cancelled cheque
(C) current cheque (D) stale cheque

(iv) Which of the following is an advantage of bank loans ?
(A) carry prepayment penalty
(B) easily procured
(C) decreased cash flow
(D) increase interest

(v) Cash credit is an important source of _________ capital financing.
(A) fixed (B) working
(C) long-term (D) middle-term

(vi) Banks have to pay _________ on the deposits received by them.
(A) tax (B) interest
(C) charges (D) loan

3. Answer any 5 out of the given 6 questions. 51=5
(i) Which type of loans are safer for the banks to grant ?

(ii) A Demand Draft is a _________ method of payment than cheques.
(A) much safer (B) less safer
(C) risky (D) certain loss

(iii) _________ are easy and quick to arrange, providing a good cash flow.
(A) Loans (B) Bill of exchanges
(C) Overdrafts (D) Bank drafts

98 Page 7 of 16 ~ P.T.O.

(iv)             _____  
(A) ` 2  (B) ` 3 

(C) ` 5  (D) ` 7 

(v)      ?

(vi) ECS   _____          

(A)  (B) 
(C)  (D) 

4.    6     5      51=5

(i) PC          _____    

(A)  (B) -
(C) - (D) 

(ii) NEFT     ?

(iii)           
     
(A)  (B) 
(C)  (D)  

(iv)   _____     
(A)  (B) 
(C)  (D) 
98 Page 8 of 16 ~

(iv) The minimum amount to be remitted through RTGS is ` _________.

(A) 2 lakh (B) 3 lakh
(C) 5 lakh (D) 7 lakh

(v) Give the full form of FEMA.

(vi) ECS is used by institutions for making _________ payment of
accounts.
(A) bulk (B) local
(C) settlement (D) small

4. Answer any 5 out of the given 6 questions. 51=5

(i) “PC banking” refers to the _________ access of banking information
from a personal computer.
(A) effective (B) online

(C) off-line (D) wealth
(ii) What does NEFT stands for ?

(iii) _________ is the way of sending e-mails at arbitrary by company
which is operating on the internet.
(A) Phishing

(B) Skimming
(C) Spoofing
(D) Technical breakdowns

(iv) Life insurance provides _________ support.

(A) financial (B) non-financial
(C) employment (D) long-term

98 Page 9 of 16 ~ P.T.O.

(v) _____          
(A)   (B)  
(C)  (D)  

(vi)       ______          
   
(A)  (B) 
(C)  (D) 

5.    6     5      51=5

(i)     _____         
(A)  (B) 
(C)  (D) 

(ii)     , , , -     ,
_____   
(A)   (B)  
(C)   (D)  

(iii)   _____       IRDA   
(A)  (B) 
(C)  (D) 

(iv) ULIP      

(v)        _____       
(A)   (B)  
(C)  (D) 

98 Page 10 of 16 ~

(v) _________ policy is an endowment policy with liquidity benefits.
(A) Child insurance (B) Money back
(C) Annuity (D) Group insurance

(vi) Assignment of life insurance policy can be done only for _________ for
money or money’s worth or good.
(A) Payment (B) Consideration
(C) Receipt (D) Statement

5. Answer any 5 out of the given 6 questions. 51=5
(i) Money called _________ has to be paid in advance by the Insured to
the Insurer.
(A) Interest (B) Premium
(C) Tax (D) Discount

(ii) An insurance policy that covers risks like fire, theft, burglary, third
party risks etc. is called _________.
(A) Valued policy (B) Comprehensive policy
(C) Average policy (D) Replacement policy

(iii) The body that regulates _________ sector in India is called IRDA.
(A) Bank (B) Government
(C) Public (D) Insurance

(iv) State the aim of ULIPs.

(v) Group Insurance is an insurance that covers a ________ group of
people.
(A) lower income (B) higher income
(C) defined (D) eligible

98 Page 11 of 16 ~ P.T.O.

(vi)    ,  
     ,      
  _____   
(A)  (B) 
(C)  (D) 

-
(   )

     5          3      
 20-30     32=6

6.        ?

7. ‘    ’             ?

8.                 ,     ?

9.             ?

10.        

 6          4        20-30  
  42=8

11.        ?

12.                ,  
                   
                

98 Page 12 of 16 ~

(vi) The unlawful taking of property within the premises that have been
closed and in which there are visible marks of evidencing forceful
entry is called _________.
(A) theft (B) burglary
(C) robbery (D) snatching

Section – B
(Subjective Type Questions)
Answer any 3 out of the given 5 questions on Employability Skills.
Answer each question in 20-30 words. 32=6
6. What do you understand by managing stress ?

7. How the goal ‘protect life on land’ is an important step towards
sustainable development ?

8. What happens if you leave a device plugged in even after it is fully
charged ?

9. What are the two economic factors affecting Entrepreneurship growth ?

10. Write any two common barriers to communication.

Answer any 4 out of the given 6 questions in 20-30 words each. 42=8
11. What do you understand by a truncated cheque ?

12. Mr. Mahesh faces financial difficulties due to losing his job, making it
hard for him to pay his children’s education fees. Identify the type of loan
facility he should avail from the bank and mention one feature of the loan
as well.

98 Page 13 of 16 ~ P.T.O.

13.         ?

14.   (DD)        ?

15.              ?

16.     ?

  5     3          50-80    
3  4 = 12

17.           

18.                   
                ?  

19.             -     
       -     

20.              ?    
  ?          

21. “           ”       
      ?

____________

98 Page 14 of 16 ~

13. Who can access a bank locker ?

14. What are the advantages of using demand draft ?

15. Why Life Insurance investment tool should be a part of one’s financial
plans ?

16. What is Hull Insurance ?

Answer any 3 out of the given 5 questions in 50-80 words each. 3  4 = 12
17. Compare the characteristics of Bills of Exchange and Promissory Note.

18. Naveen needs a loan to purchase his new bike, but he doesn’t have any
person to guarantee him. Which kind of loan he can apply ? Explain.

19. Rakesh opened a new account with Union Bank and also got the form
filled for getting her E-Banking facility attached to account. Explain him
some benefits of E-Banking.

20. Rima wants to buy an insurance policy for her wooden factory. Which
policy should she buy ? Explain any two benefits of this policy.

21. “Financial independence during old age is a must for everybody”. What
kind of plans or policies are an ideal solution for the people after
retirement ?
____________

98 Page 15 of 16 ~ P.T.O.

98 523 Page 16 of 16 ~