[ASSEB Class 12 Finance Solved Question Paper 2026, HS 2nd Year Finance Solved Question Paper 2026, Assam Board Class 12 Finance Solved Question Paper 2026]
FINANCE 2026
Full Marks: 80
Pass Marks: 24
Time: Three Hours
The figures in the margin indicate full marks for the questions.
Q. No. 1 carries 1 mark each: 1 × 6 = 6
Q. No. 2 carries 2 marks each: 2 × 4 = 8
Q. No. 3 carries 3 marks each (any four): 3 × 4 = 12
Q. No. 4 carries 5 marks each (any six): 5 × 6 = 30
Q. No. 5 carries 8 marks each (any three): 8 × 3 = 24
Total = 80
1. Answer any six of the following questions: 1 × 6 = 6
(a) When was the RBI Act passed?
Answer: The RBI Act was passed in 1934.
(b) Write the full form of SIDC.
Answer: SIDC stands for State Industrial Development Corporation.
(c) Money market in India is regulated by whom?
Answer: The money market in India is regulated by the Reserve Bank of India (RBI).
(d) Write the full form of NIM.
Answer: NIM stands for Net Interest Margin.
(e) What is meant by credit rating?
Answer: Credit rating means an assessment of the creditworthiness of a person or organisation and its ability to repay debt.
(f) In which year was SFC established?
Answer: SFCs were established under the State Financial Corporations Act, 1951.
(g) Give two examples of financial services.
Answer: Two examples of financial services are:
Banking services
Insurance services
(h) What is bank rate?
Answer: Bank rate is the rate at which the RBI lends money to commercial banks for a longer period.
Complete solution Coming Soon....🙂
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