Assam Board Class 11 Question Paper 2023 Finance

ASSAM BOARD
QUESTION
PAPER

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Total No. of Printed Pages-4
23E-FINC

FINANCE
Full Marks:80
Pass Marks: 24
Time: 3 hours

The figures in the margin indicate full marks for the
questions
ALLOTMENT OF MARKS
Q. No. l carries 1mark each 1x6 = 6

Q. Nos. 2-6 carry 2 marks each 2x5 = 10
Q. Nos. 7-11 carry 3 marks each 3x5 = 15
Q. Nos. 12-16 carry 5 marks each 5x5 = 25

Q. Nos. 17-19 carry 8 marks each 8x3 = 24

Total = 80

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(2 )
1
1. (a) What is meant by
finance?
1
(b) Write a short-term sOurce of finance.

on
( The Reserve Bank of 1ndia was established
April 1,
(Fill in the blank ) 1

(a) What is a Public Sector Bank? 1

(e) What is Fixed Deposit Account? 1

() Define Bill of Exchange. 1

2. Give the meaning of holder in due course. 2

3. Write two uses of
ATM. 2

44 Write two objectives of nationalization of banks. 2

5. Write two functions of
Cooperative Bank. 2

6. State any two differences
between Commercial Bank and
Development Bank.
7. Write three
long-term sources of finance. 3

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(3 )
8. Write three 3
features of Foreign Bank.
9. What is meant by chain banking? Write two features of
chain banking. 3

Or/ I
Briefly write a note on Lead Bank Scheme.
10. Write three 3
Deposit Account.
advantages of Recurring

Or/ aI
Dlate the meaning and importance of cheque book.

1lyDefine endorsement. Briefly write any two types O
endorsement. 3

12. State five differences between Bill of Exchange and
Promissory Note. 5

Or / I
Write about the five essential elements of valid
endorsement.

13. Write the differences between Indian Money Market and
Indian Capital Market. 5

14. What is Regional Rural Bank? Write three objectives of
Regional Rural Bank. 2+3=5

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