Banking class 12 cbse Sample Question Paper 2025-26 question 5
i. The document containing the guarantee of a bank to honor Bills of exchange drawn on it by an exporter is a) Letter of Hypothecation b) Letter of Credit c) Bill of Lading d) Bill of Exchange Explanation: Letter of Hypothecation → ❌ Wrong. It is used when goods are pledged as security, not for guaranteeing bills. Letter of Credit → ✅ Correct. A bank issues this to guarantee payment to exporters. Bill of Lading → ❌ Wrong. It is a shipping document, not a payment guarantee. Bill of Exchange → ❌ Wrong. It is an order to pay, not a guarantee. 👉 Right Answer: (b) Letter of Credit ii. Name the input device for feeding data in computer. Explanation: Examples: Keyboard , Mouse , Scanner . These devices allow users to enter data into the computer. 👉 Right Answer: Keyboard (or any valid input device) iii. ______ is a secure space specially constructed with RCC on all sides. a) Manager’s Cabin b) Cash Counter c) Strong Room d) Clerk’s Cabin Explanation: Manage...