Preparing for the AHSEC Class 12 Finance exam in 2026 becomes easier with the right study resources. The AHSEC Class 12 Finance Important Questions 2026 is a carefully compiled question bank that highlights the most important and frequently asked topics. It includes previous year questions along with other expected questions, helping you prepare in a focused and effective way.
ASSEB [Erstwhile AHSEC] Class 12 Finance Question Paper Pattern 2026
ASSEB Class 12 Finance 2026 - Most Important Topics (100% Focus)
⚡ Strategy
⭐⭐⭐⭐⭐ = Must prepare fully
⭐⭐⭐⭐ = Prepare well
⭐⭐⭐ = Short notes enough
🎯 2026 Sure-Shot Long Questions (8-mark focus)
Functions of RBI
Methods of note issue
Credit control methods
Capital market & components
Stock exchange functions
Lease finance
Mutual funds
Merchant banking / credit rating
✅ 2026 Sure-Shot 5-mark Area
Defects of Indian money market
Methods of stock trading
Online trading benefits
Structure of money market
NBFC features
NABARD role
CHAPTER WISE IMPORTANT QUESTIONS
Unit – 1: Reserve Bank of India
Q.1. What do you mean by a Central Bank? Explain the nature of central bank. Distinguish between Central bank and commercial bank. [AHSEC 2017]
Q.2. Write a brief note on Organisation Structure and Management of RBI. List out various departments of RBI. [AHSEC 2012, 2016, 2022]
Q.3. Why is the establishment of Central Bank necessary in a country? Or What are the objectives of RBI?
Q.4. Explain central banking functions of RBI or traditional functions? [AHSEC 2013, 2015, 2016, 2017, 2018, 2019; ASSEB 2025]
Q.5. Explain the function of RBI as the issuer of Currency Notes. Explain different methods of note issue. [AHSEC 2014, 2015, 2016, 2017, 2020, 2022, 2024; ASSEB 2025]
Q.6. Mention the Prohibitive, Development and Promotional functions of the Central Banks. [AHSEC 2019, 2020, 2024]
Q.7. Briefly discuss the supervisory power of RBI?
Q.8. What do you mean by Monetary Policy and Credit Control? What are its objectives?
Q.9. What are the principle methods or instruments of Credit Control used by the Central Bank? [AHSEC 2012, 2014, 2015, 2017, 2018; ASSEB 2025]
Q.10. Write a brief note on achievements and failures of RBI.
Q.11. Write a brief note on fiscal policy. [AHSEC 2022]
Q.12. Explain the role of RBI in the economic development of India.
Q.13. What is non-banking financial institution? Explain its features. [AHSEC 2024; ASSEB 2025]
Q.14. Explain the objectives and Functions of IFCI, SFCs, SIDCs, NABARD. [AHSEC 2024; ASSEB 2025]
Unit – 2: Money Market
Q.1. What is money market? Explain its nature, objectives and functions. [AHSEC 2015, 2017, 2020, 2022]
Q.2. Explain the similarities and difference between Money market and capital market.
Q.3. Write a brief note about the structure of Indian money market. What are its important constituents? [AHSEC 2015, 2017, 2019, 2024]
Q.4. What are the characteristics of developed money market?
Q.5. What are the characteristics/defects of Indian money market? [AHSEC 2016, 2024; ASSEB 2025]
Q.6. Discuss about the institutions participating in the Indian Money Market. [AHSEC 2012, 2013, 2015, 2017]
Q.7. Explain the various Money market instruments. [AHSEC 2024]
Q.8. Who are the lenders and borrowers of Indian Money market?
Q.9. What is foreign exchange and foreign exchange market? Mention its features and functions. [ASSEB 2025]
Q.10. What are various types of Foreign exchange market?
Q.11. Explain various participants of Foreign exchange market.
Unit – 3: Capital Market
Q.1. What is Capital Market? What are its components? Explain features and importance. [AHSEC 2014, 2015, 2016, 2018, 2020, 2022, 2024; ASSEB 2025]
Q.2. What is primary and secondary market (Stock Exchange – 2015)? State differences between primary market and secondary Market. [AHSEC 2015]
Q.3. What is New Issue Market ? What are its functions? What are the merits and demerits of New Issue Market ?
Q.4. Mention various methods of issue or raising capital in the New issue market? [AHSEC 2024]
Q.5. List out various intermediaries of New Issue Market?
Q.6. What is stock exchange? Mention its features. “Stock exchange is the barometer of the economy.” In the light of the statement, discuss the functions of the stock exchange. [AHSEC 2008, 2009, 2010, 2012, 2013, 2014, 2016, 2018, 2019, 2022; ASSEB 2025]
Q.7. Mention various types of operators in stock exchange.
Q.8. What is listing of securities? What are its objectives? What are conditions and formalities for listing of securities in stock exchange?
Q.9. Who is a stock broker? What are the qualifications essentials for a stock broker? Explain in details various functions of a stock broker. [ASSEB 2025]
Q.10. What is sub-broker? What are various kinds of brokers?
Q.11. Explain the procedure for registration of a stock broker.
Q.12. What are various methods of trading of stocks? [ASSEB 2025]
Q.13. What is online trading? What are its advantages and limitations? [ASSEB 2025]
Q.14. What are various steps involved in trading and settlement of securities transaction?
Q.15. What are stock indices – SENSEX and NIFTY? Explain its need.
Unit – 4: Financial Services
Q.1. What are various modern banking services provided by banks? [AHSEC 2024]
Q.2. What is E-Banking? What are its utilities? What are its advantages and disadvantages? [ASSEB 2025]
Q.3. What is mobile banking? What are its advantages and disadvantages?
Q.4. What is ATM? What are its various functions and advantages?
Q.5. What is Debit card and Credit card? Distinguish between them. What are their utilities?
Q.6. What is lease? What are its various types? [ASSEB 2025]
Q.7. What is operating lease? What are its features?
Q.8. What is financial lease? What are its features?
Q.9. Distinguish between operating lease and financial lease.
Q.10. What are the advantages and disadvantages of lease finance to lessor and lessee?
Q.11. What is Hire Purchase? What are its features? What are its advantages and disadvantages? [AHSEC 2024]
Q.12. What is mutual funds? What are their features? What are its various types on the basis of operation and on the basis of yield and investment pattern?
Q.13. What are various advantages and disadvantages of Mutual funds? [AHSEC 2024]
Q.14. What is open ended and closed ended fund? Distinguish between them.
Q.15. What is venture capital? What are its features? Explain the importance of venture capital. [AHSEC 2024]
Q.16. What is factoring? What are its various types? What are various steps involved in factoring services?
Q.17. What are various functions and benefits of factoring services?
Q.18. What is credit rating? Explain the process of credit rating. What are the factors affecting credit rating of a Company?
Q.19. What are credit rating agencies? What are their advantages and disadvantages? [AHSEC 2024]
Q.20. What is merchant banking? Explain the role and functions of merchant bankers. Distinguish between merchant banking and commercial banks. [AHSEC 2024]
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Stay confident and keep revising the important topics you’ve prepared. With consistent effort and smart practice, you are fully capable of scoring excellent marks in your Finance exam. Believe in your preparation, stay calm in the exam hall, and give your best. Wishing you great success and outstanding results ahead!
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