CBSE Class 10 Banking & Insurance Question Paper 2018 with Answer Key (March 5, Set 4)

CBSE X Questions

• 1.

  Define the term `Body Mass Index'. Explain the method of its calculation.

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• 2.

  Why do some countries impose tariffs on imported goods in the context of globalization? Choose the correct reason from the following options:

  • To support free trade
  • To protect local industries
  • To attract investment
  • To lower import costs
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• 3.

  Which one of the following is the purpose of collateral in a loan?

  • To increase the interest for the lender
  • To secure the loan for the lender
  • To reduce paperwork for the lender
  • To avoid repayment on the loan
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• 4.

  Two statements labelled as Assertion (A) and Reason (R) are given below. Read both the statements carefully and choose the correct option: Assertion (A): Agricultural production related activities are included in the tertiary sector.
  Reason (R): Tertiary sector is called the service sector. Options:

  • Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
  • Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
  • Assertion (A) is true, but Reason (R) is false.
  • Assertion (A) is false, but Reason (R) is true.
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• 5.

  Why is Rupee accepted as a medium of exchange in India?

  • Because it is issued by the Reserve Bank of India on behalf of the State Government.
  • Because it is issued by the Reserve Bank of India on behalf of the Central Government.
  • Because it is issued by the State Bank of India on behalf of the Central Government.
  • Because it is issued by the Reserve Bank of India on behalf of the World Bank.
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• 6.

  Differentiate between the formal and informal sources of credit.

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