Are you a student preparing for the AHSEC Class 12 Finance exam? Searching for the AHSEC Class 12 Finance Solved Question Paper 2012? Look no further! In this page, we will provide you with a comprehensive overview of the AHSEC H.S 2nd Year Finance Solved Question Paper 2012. The Assam Higher Secondary Education Council (AHSEC) conducted this examination, making this solved question paper an invaluable resource for your exam preparation.
Overview: AHSEC Class 12 Finance Solved Question Paper 2012
- Board: Assam Higher Secondary Education Council (AHSEC)
- Class: 12th
- Year: 2012
- Exam Mode: Offline
- Subject: Business Studies
- Solution: AHSEC Class 12 Finance Studies Solved Question Paper 2012
- Category: AHSEC Solved Question Papers
AHSEC HS 2nd Year Finance Solved Question Paper 2012
BANKING SOLVED QUESTION PAPERS
AHSEC CLASS 12 BANKING' 2012
BANKING
Full Marks: 100
Time: 3 hours
The figures in the margin indicate full marks for the questions.
1. Answer as directed: 1x10=10
a) In which year fourteen Indian commercial banks were nationalized?
Ans: 1969
b) What do you mean by scheduled bank?
Ans: A scheduled bank, also known as a scheduled commercial bank, is a financial institution that is recognized and regulated by the central bank (such as the Reserve Bank of India in India) as meeting certain criteria and standards. These banks are authorized to carry out various banking activities, including accepting deposits from the public and granting loans.
C) Define Hundi.
Ans: A Hundi is a traditional financial instrument commonly used in India for transferring funds or making payments, especially in rural areas. It operates as a promissory note and involves an unconditional order in writing, usually written in the local language, directing one person to pay a specific sum of money to another person. Hundi is often used for informal and trust-based financial transactions.
d) The Reserve Bank of India was established in the year 1935. (Fill in the gap)
e) NABARD was established in the year 1982/1985/1987. (Choose the correct year)
f) Write the full form of IFCI.
Ans: Industrial Finance Corporation of India
g) What is post-dated cheque?
Ans: A post-dated cheque is a type of check that is issued with a future date written on it. It means that the check cannot be cashed or deposited until the date mentioned on the check has arrived. This allows the issuer to make a promise of payment on a future date while ensuring that the funds are not withdrawn before that date.
h) Money market is the market for short-term funds. (State whether True or False) True
i) Lead Bank scheme was introduced in the year 1969 (Fill in the gap)
j) What is foreign exchange market?
Ans: The foreign exchange market, often referred to as the Forex or FX market, is a global decentralized marketplace where currencies are traded. It is the largest and most liquid financial market in the world, where participants, including banks, financial institutions, corporations, governments, and individual traders, buy and sell currencies. The foreign exchange market facilitates the exchange of one currency for another, which is essential for international trade and investment.
2. What is bank rate? 2
Ans: Bank rate, also known as the discount rate, is the rate at which a central bank (such as the Federal Reserve in the United States) lends money to commercial banks or financial institutions. It is a key tool used by central banks to influence monetary policy and control the money supply in an economy. A higher bank rate makes borrowing more expensive for banks, which can help control inflation and stabilize the economy.
Advantages of AHSEC Class 12 Finance Solved Question Papers
AHSEC Class 12 Finance Solved Question Papers 2012 from previous years serve as valuable study material for students. Here are some advantages:
1. Understanding Exam Pattern: Solved question papers give you insight into the exam pattern, types of questions, and marking schemes used by AHSEC. This understanding helps you structure your preparation effectively.
2. Practice: Regular practice with solved papers enhances your problem-solving skills and time management, crucial for the actual exam.
3. Identifying Weaknesses: By reviewing the solutions, you can identify your strengths and weaknesses in different topics, allowing you to focus on areas that need improvement.
4. Boosting Confidence: Solving previous year's papers successfully boosts your confidence and reduces exam anxiety.
How to Download AHSEC Class 12 Finance Solved Question Paper 2012?
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FAQs
Q1: Are these solved question papers helpful for the current year's exam preparation?
Ans:- Yes, while exam patterns may change slightly, practicing with solved papers gives you a strong foundation in concepts and problem-solving.
Q2: Can I rely solely on solved papers for my exam preparation?
Ans:- While solved papers are excellent resources, complement them with textbooks, notes, and other study materials for comprehensive preparation.
Conclusion
In conclusion, AHSEC Class 12 Finance Solved Question Paper 2012 is an Important resource for your exam preparation. It provides you with insights into the exam pattern, helps you practice effectively, and boosts your confidence. Utilize ProEduNotes to easily access and download this valuable resource, enhancing your chances of achieving excellent results in your AHSEC Class 12 Finance exam. Remember, diligent preparation paves the way for success!
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