CBSE Class-10 Exam 2018 : All India Scheme
Question Paper-Banking & Insurance

Subject :Banking & Insurance

Time allowed : 3 hours

Maximum Marks : 80

General Instructions :

• Please check that this question paper contains 7 printed pages. 
• Code number given on the right hand side of the question paper should be written on the title page of the answer-book by the candidates. 
• Please check that this question paper contains 23 questions. 
• Please write down the Serial Number of the question before attempting it. 
• 15 minutes time has been allotted to read this question paper. The question paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the students will read the question paper only and will not write any answer on the answer-book during this period.  

1.A short term loan is a loan which is repayable
 (a) within 2 years
 (b) within 3 years
 (c) within 4 years 

2.A credit card limit is a
 (a) Revolving loan limit
 (b) Instalment loan limit
 (c) None of the above 

3.Indian Financial System code is
 (a) Numeric 11 digit code
 (b) Alpha numeric 11 digit code
 (c) Alpha numeric 8 digit code 

4.The bank which initiates ECS credit is known as _______ .
 (a) Sponsor Bank
 (b) Destination Bank
 (c) Beneficiary Bank 

5.Assignment of Life Insurance Policy can be done only for _____ of money or moneys’worth.
 (a) Payment
 (b) Consideration
 (c) Premium 

6.The first step towards taking a life insurance policy is to fill up a _____ form providing requisite information about the person desirous of taking the policy.
 (a) Application
 (b) Word
 (c) Proposal 

7. _____ is a type of life insurance.
 (a) Unit Linked Insurance Plan
 (b) Medi-claim Insurance
 (c) Liability Insurance 

8. Communication within an organization is known as ____ communication.
 (a) Internal
 (b) External
 (c) None of the above 

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Courtesy: CBSE