Banking class 12 cbse Sample question paper 2025-26 mcq

banking class 12 mcq

Q.2 (i)

Which mode of Funds transfer takes longest time to transfer money to the payee?
a. Cheque
b. NEFT
c. RTGS
d. ECS



Answer: a. Cheque

Explanation of Options:

  • Cheque: Takes the longest time because it requires physical clearing. Correct answer.
  • NEFT: Electronic transfer, usually within hours.
  • RTGS: Real-time transfer, immediate settlement.
  • ECS: Electronic Clearing System, faster than cheque.

Q.2 (ii)

_____ is the name of process of converting black money to white money.
a. Foreign exchange
b. Laundering
c. Money laundering
d. Demonetization



Answer: c. Money laundering

Explanation of Options:

  • Foreign exchange: Currency conversion, not related to black money.
  • Laundering: General cleaning process, incomplete term.
  • Money laundering: Correct answer, process of making illegal money appear legal.
  • Demonetization: Withdrawal of currency notes, not conversion of black money.

Q.2 Q.2 (iii)

The _____ cabin has to be as far away as possible from the entry/exit point of the bank. a. Tellers’ b. Manager c. Keeper d. Agent



Answer: a. Tellers’

Explanation of Options:

  • Tellers’ cabin: Correct answer. Tellers handle cash transactions, so their counters/cabins are placed away from entry/exit points for safety and to reduce risk of theft.

  • Manager’s cabin: Usually located centrally or in a private area, but not specifically far from entry for security reasons.

  • Keeper: Not a standard designation in banking cabin arrangements.

  • Agent: Agents don’t have fixed cabins inside banks.

Q.2 (iv)

In case of floating rate loan, borrower will benefit if the
a. Interest rate remains constant
b. Interest rate in the future is higher
c. Interest rate in the future is lower
d. Interest rate has no bearing



Answer: c. Interest rate in the future is lower

Explanation of Options:

  • Constant rate: No benefit, just stability.
  • Higher rate: Borrower pays more, not beneficial.
  • Lower rate: Correct answer, borrower pays less.
  • No bearing: Incorrect, interest rate directly affects loan repayment.

Q.2 (v)

Which of the following is a role typically not performed by the Central Bank?
a. Setting the official short-term interest rate
b. Establish tax policies
c. Controlling Money Supply
d. Acting as banker to the government




Answer: b. Establish tax policies

Explanation of Options:

  • Setting interest rate: Central Bank role.
  • Tax policies: Done by government, not Central Bank. Correct answer.
  • Controlling money supply: Central Bank role.
  • Banker to government: Central Bank role.

Q.2 (vi)

Interest collected by the Bank on a loan is _____ for the Bank.
a. Income
b. Expense
c. Liability
d. Asset



Answer: a. Income

Explanation of Options:

  • Income: Correct answer, interest is revenue for the bank.
  • Expense: Costs incurred, not interest collected.
  • Liability: Obligations, not income.
  • Asset: Loans themselves are assets, but interest collected is income.

Q.2 (vii)

Write the full-form of KYC.



Answer: Know Your Customer

Explanation:

  • KYC: A process used by banks to verify the identity of customers to prevent fraud and money laundering.


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