Ahsec Class 11 Finance Solved Question Paper - 2025| ASSEB BOARD
2025
FINANCE
Full Marks: 80
Pass Marks: 24
Time: 3 hours
The figures in the margin indicate full marks for the questions
PART-A
(Marks: 40)
Choose the correct answer from the following: 1×40=40
1. Debenture holders are of the company.
(a) debtor
(b) creditor
(c) owner
(d) None of the above
Ans:- (b) creditor
2. Real owner of a company is
(a) preference shareholder
(b) equity shareholder
(c) debenture holder
(d) All of the above
Ans:- (b) equity shareholder
3. Overdraft facility is granted only for
(a) Current Account
(b) Savings Account
(c) Fixed Account
(d) All of the above
Ans:- (a) Current Account
4. The First Stock Exchange was established in 1875 in
(a) Bombay
(b) Madras
(c) Calcutta
(d) Delhi
Ans:- (a) Bombay
5. NABARD was established in the year
(a) 1980
(b) 1981
(c) 1982
(d) 1983
Ans:- (c) 1982
6. Money market provides loan as
(a) short-term
(b) medium-term
(c) long-term
(d) All of the above
Ans:- (a) short-term
7. The money market instrument is
(a) commercial paper
(b) equity share
(c) preference share
(d) bond
Ans:- (a) commercial paper
8. The General Insurance Corporation was set up in the year
(a) 1972
(b) 1973
(c) 1974
(d) 1975
Ans:- (a) 1972
9. The Banking Regulation Act was passed in the year
(a) 1948
(b) 1949
(c) 1950
(d) None of the above
Ans:- (b) 1949
10. One-rupee note is issued by the
(a) Reserve Bank of India
(b) Commercial Bank
(c) Ministry of Finance, Government of India
(d) Industrial Bank of India
Ans:- (c) Ministry of Finance, Government of India
11. Which bank is called as the 'lender of last resort'?
(a) Commercial Bank
(b) Agricultural Bank
(c) Savings Bank
(d) Central Bank
Ans:- (d) Central Bank
12. The Reserve Bank of India was set up in the year
(a) 1934
(b) 1935
(c) 1936
(d) 1937
Ans:- (b) 1935
13. Open market operation system is an instrument of
(a) credit creation
(b) credit control
(c) deposit system
(d) None of the above
Ans:- (b) credit control
14. Which system is followed by the RBI for issuing currency?
(a) Minimum reserve system
(b) Proportional reserve system
(c) Maximum reserve system
(d) Simple deposit system
Ans:- (a) Minimum reserve system
15. Credit creation is done by the
(a) Central Bank
(b) Investment Bank
(c) Savings Bank
(d) Commercial Bank
Ans:- (d) Commercial Bank
16. Primary Agricultural Credit Society (PACS) operates at
(a) village level
(b) district level
(c) State level
(d) All of the above
Ans:- (a) village level
17. The name of the first Presidency Bank was
(a) Bank of Bengal
(b) Bank of Bombay
(c) Bank of Madras
(d) Bank of Hindustan
Ans:- (a) Bank of Bengal
18. 14 commercial banks were nationalized in the year
(a) 1967
(b) 1969
(c) 1980
(d) 1982
Ans:- (b) 1969
19. The previous name of the State Bank of India was
(a) State Bank of Jaipur
(b) State Bank of Patiala
(c) Imperial Bank of India
(d) State Bank of Indore
Ans:- (c) Imperial Bank of India
20. The headquarters of the State Bank of India is located in
(a) Mumbai
(c) Chennai
(b) New Delhi
(d) Kolkata
Ans:- (a) Mumbai
21. Lead Bank Scheme was introduced in
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