CBSE Class-10 Exam 2019 : All India Scheme
Question Paper-Banking & Insurance

Subject : Banking & Insurance

Time allowed : 3 hours

Maximum Marks : 80

Year : 2019

General Instructions :

(i) This question paper contains 31 questions out of which the candidate needs to attempt only 23 questions.
(ii) Question paper is divided into two sections :

I. SECTION A

• Multiple choice questions/Fill in the blanks/Direct questions : contains total 12 questions of 1 mark each. Answer any 10 questions.
• Very short answer type questions : contains total 7 questions of 2 marks each. Answer any 5 questions.
• Short answer type questions : contains total 7 questions of 3 marks each. Answer any 5 questions.

II. SECTION B

• Long answer/Essay type questions : contains total 5 questions of 5 marks each. Answer any 3 questions.

Questions :

MCQs/Fills ups/One Sentence/True-False statement (Attempt any ten)

1. The rate of interest on cash credit account is _________ than overdraft interest rate.

2. Letter of credit is a/an _________ loan.
(a) Funded
(b) Unfunded
(c) None of the above

3. The full form of IFSC is _________.

4. Cash remittance limit for NEFT transactions for a walk-in customer is _________.
(a) < 10,000
(b) < 25,000
(c) < 50,000

5. _________ linked _________ plan is a type of Life Insurance.

6. What is meant by ‘Term Insurance’ ?

7. Assignment of Life Insurance Policy can be done before acquiring the policy. (True/False)

8. _________ is a process in which an insurance company decides whether to accept or reject an application for a policy.

9. Mediclaim Insurance Policies do not cover ambulance charges.  (True/False)

10.Time is precious, Time is _________.

11.Oral communication is a form of non-verbal communication. (True/False)

12.Barriers in communication
(a) make it more effective
(b) make it less effective
(c) do not have any effect on it

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Courtesy: CBSE