AHSEC Class 12 Finance Solved Question Paper 2014 PDF - [H.S 2nd Year Finance Solved Paper]

Are you a student preparing for the AHSEC Class 12 Finance exam? Searching for the AHSEC Class 12 Finance Solved Question Paper 2014? 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 2014. The Assam Higher Secondary Education Council (AHSEC) conducted this examination, making this solved question paper an invaluable resource for your exam preparation.

AHSEC Class 12 Finance Solved Question Paper 2014 PDF - [H.S 2nd Year Finance Solved Paper]

Overview: AHSEC Class 12 Finance Solved Question Paper 2014

- Board: Assam Higher Secondary Education Council (AHSEC)

- Class: 12th

- Year: 2014

- Exam Mode: Offline

- Subject: Business Studies

- Solution: AHSEC Class 12 Finance Studies Solved Question Paper 2014

Category: AHSEC Solved Question Papers

AHSEC HS 2nd Year Finance Solved Question Paper 2014

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 the Imperial bank was established?

Ans: 1921

b) Where is the head office of the Reserve bank of India?

Ans: Mumbai

c) What is primary market?

Ans: The primary market, also known as the new issue market, is a financial market where newly issued securities, such as stocks, bonds, or other financial instruments, are initially offered to investors for the first time. In the primary market, companies and governments raise capital by selling these securities directly to investors. This process is known as an initial public offering (IPO) for stocks or a bond issuance for bonds. The primary market provides a means for organizations to raise funds for various purposes, including expansion, debt repayment, or financing new projects.

d) Write the full form of NABARD.

Ans: National bank for agricultural and rural development

e) The board of directors of Reserve Bank of India consists of 20 members. (Fill in the blank)

f) What is overdraft?

Ans: An overdraft is a financial service provided by banks and financial institutions that allows an account holder to withdraw more money from their account than is currently available. In essence, it is a short-term loan or credit arrangement. Overdrafts are typically associated with checking or current accounts.

g) The first development bank established in India was IFCI/IDBI/UTI/NABARD.      (Choose the correct answer)

h) Give an example of material alteration of cheque.

Ans: Alteration of the date of the cheque.

2. Define a cheque according to Sec. 6 of the Negotiable Instruments Act.      2

Ans: Section 6 of the Negotiable Instruments Act, 1881, defines a cheque as follows:

"A cheque is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand."

In simpler terms, a cheque is a written financial instrument that directs a specific bank to pay a certain sum of money to the person or entity named on the cheque. It is payable on demand, meaning that the recipient can present it to the bank and receive the specified amount of money immediately.

3. State the minimum reserve system of note issue.         2

Ans: The minimum reserve system is a system in which the Central Bank is authorized to issue notes up to any limit by keeping a certain minimum reserve of gold and foreign securities. In India, the RBI is required to keep the minimum reserve of Rs. 200/- crore out of which Rs. 115/- crore should be kept in gold. The system is very elastic and economical for developing countries as it requires only a small and fixed amount of gold reserve. However, it lacks in public confidence due to non-convertibility of notes.

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AHSEC HS 2nd Year Finance Solved Question Paper 2012-2023

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Advantages of AHSEC Class 12 Finance Solved Question Papers

AHSEC Class 12 Finance Solved Question Papers 2014 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 2014?

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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.


In conclusion, AHSEC Class 12 Finance Solved Question Paper 2014 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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