Banking - For Class XII (Commerce Group) - Guess Paper 2024 - By Sir Sajjad Akber Chandio

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Banking
Class XII (Commerce Group)
Guess Paper 2024

By Sir Sajjad Akber Chandio

Short Question /Answer

1) Explain different types of bank accounts?
2) List the step involved in the opening of a bank Account
3) Write any five essential of of the followings:

1. Cheque
2. Bill of exchange

4) Differentiate:

• Balance trade and Balance of payment
• Debit and Credit card
• Cheque & bill of exchange
• Secured & Unsecured loans
• Bill of Exchange & Promissory Note
• Commercial Bank & Central Bank
• Statutory & Private Bank

5) Give any five reason dishonor a cheque.
6) Define bill of exchange. Describe kinds of bill of exchange?
7) Describe the role of E.Banking
8) What is meant by crossing of cheque? Explain the followings:

1. General crossing
2. Special Crossing

9) What is meant by endorsement? describe its type.
10) Define letter credit and its kind?
11) Define foreign exchange and role of exchange.
12) Write down some short terms of finance.
13) Describe the origin of Modern banking.

Long Question/Answer

Q.1: Define and Write down Function of the followings:

1. Commercial Bank
2. State Bank
3. Central bank

Q.2: What is meant by credit control? Describe the various method of credit control used by the central Bank.
Q3: Define rate of exchange. Describe the factor affecting the rate of exchange.
Q4: Define bank fund. Describe profitable and non-profitable use of Bank funds.