AHSEC Class 12 Finance Question Paper 2024 [HS 2nd Year, Assam Board]

Get AHSEC Class 12 Finance Question Paper 2024 [HS 2nd Year Finance Paper 2024], Conducted by Assam Board i.e AHSEC (Assam Higher Secondary Education Council). It is a state education regulatory board under the jurisdiction of Ministry of Education, Government of Assam that is responsible to regulate, supervise and develop the system of Higher Secondary Education in the State of Assam.

An Overview of AHSEC Class 12 Finance Question Paper 2024

Name of Board AHSEC (Assam Higher Secondary Education Council)
Class 12th Standard Assam Board 
Subject Finance
Mode of ExamOffline written exam.
Full Marks 80
Year2024
Category AHSEC Preview Year question Papers 
Official Website https://ahsec.assam.gov.in

AHSEC Class 12 Finance Question Paper 2024

2024
FINANCE
FOR NEW COURSE
Full Marks: 80
Pass Marks: 24
Paper Code: 24T FINC
FOR OLD COURSE STUDENTS IN LIEU OF PROJECT WORKS
Full Marks: 100
Pass Marks: 30
Time: Three hours
[Those who appeared HS Final Exam till 2023 have been treated as Old Course students
The figures in the margin indicate full marks for the questions.

1. (a) When was the RBI established? 1

(b) Which is the first development bank of India? 1

(c) Money market is the market for short-term funds. 1 (State whether true or false)

(d) What is meant by the rate of exchange in foreign exchange market? 1

(e) What is meant by a merchant bank? 1

(f) Name two subsidiaries of SBI. 1

2. Write two advantages of underwriting. 2

3. What is meant by the proportional reserve system method of issuing notes? 2

4. Write two features of foreign exchange market. 2

5. Give the meaning of factoring. 2

6. Write three objectives of IFCI. 3

7. Write three differences between lease and hire purchase. 3

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

9. Write three functions of NABARD. 3

Or

Briefly discuss the structure of the Indian money market. 3

10. Write five advantages of credit rating. 5

Or

Write the advantages of investing in mutual funds.

11. What are the promotional functions of RBI. 5

Or

Write the defects of Indian money market. 5

12. Write a note on the wholesale market of foreign exchange market. 5

Or

What are the advantages of the private placement method of new issue market? 5

13. Write the functions of merchant banking. 5

14. Discuss the objectives of State Finance Corporations (SFC). 5

15. What are the advantages of hire purchase to the seller? 5

16. Discuss the importance of venture capital. 5

Or

What are the instruments of money market? Discuss. 5

17. What are the advantages of the capital market? Discuss. 5

Or

Discuss the functions of modern commercial bank. 5

18. Explain the characteristics of non-banking financial institution. 8

Or

Explain briefly about the different types of crossing of cheques with suitable examples. 8

FOR OLD COURSE

Questions in Lieu of Project work

Answer any four from the following: 5×4=20

19. What are the objectives of the World Bank? Discuss. 5

20. Write five essential elements of valid endorsement. 5

21. Write the functions of IMP. 5

22. Explain the duties of collecting bankers. 5

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Last words

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