📚 CBSE Grade-10 Study Guide
Download↓ Question paper (PDF)↓ Answer key (PDF)↓ Question paper + answer key (PDF)
CBSE Class X
Introduction to Financial Markets (405)
Question Paper
From previous CBSE Board Exam questions
Code: AFTOUKQuestions: 37Maximum Marks: 53Generated: 2026-06-15 13:05
Selections used
SourcePrevious-year board
SubjectIntroduction to Financial Markets (405)
LessonsMiscellaneous
Year2023-2026
Questions selected37
Composition — Types: 19 Short · 15 MCQ · 3 Very short · 1 Assertion–reason · 1 Long
If a question refers to an image, map, graph or diagram that is not shown here, find the actual CBSE question paper on the CBSE website: cbse.gov.in.
Q1. [2] § INVESTMENT BASICS § When to start Investing? § What care should one take while investing?
Discuss role of entrepreneur in the society.
Previously asked in: 2023 92 Q9
Q2. [1] § When to start Investing? § What care should one take while investing?
What is the primary function of an entrepreneur in society ?
  1. (A) Avoid taking risks
  2. (B) Discouraging others from starting business
  3. (C) Creating myths about business
  4. (D) Fostering innovation and economic growth
Previously asked in: 2026 92 Q1 (v)
Q3. [1] § 8.1 Corporate Actions
Amit holds 400 shares of X Ltd. Company decides to implement a stock spilt of 4 for 1. How many shares Mr. Amit will hold how many shares after this corporate action?
  1. (a) 400
  2. (b) 1600
  3. (c) 100
  4. (d) 800
Previously asked in: 2023 92 Q4 (v)
Q4. [1] § 8.1 Corporate Actions
Mention two examples of 'Corporate Actions'.
Previously asked in: 2023 92 Q5 (v)
Q5. [2] § 8.1 Corporate Actions
"A business plan serves as a guide to determine the business objectives and the course of action. It helps to detail the "what, when, how and who" of doing every specific tasks." Describe this managerial function of entrepreneurs.
Previously asked in: 2023 92 Q10
Q6. [1] § 8.1 Corporate Actions
By what name the corporate action which splits the existing shares of a particular face value into smaller denominations is called ?
Previously asked in: 2023 92 Q9
Q7. [2]
What actions can be performed on your computer screen by using a mouse ?
Previously asked in: 2026 92 Q8
Q8. [1]
The following are navigation keys except :
  1. (A) Home
  2. (B) END
  3. (C) ENTER
  4. (D) PAGE UP
Previously asked in: 2025 92 Q1 (iv)
Q9. [1]
Which of following is not a sustainable development goal according to United Nations ?
  1. (A) Clean Water and Sanitation
  2. (B) Gender Equality
  3. (C) Population
  4. (D) Reduced Inequalities
Previously asked in: 2025 92 Q1 (vi)
Q10. [2]
List the four types of barriers of communication.
Previously asked in: 2025 92 Q6
Q11. [1]
Which one of the following short-cut keys is used to copy?
  1. (a) Ctrl + C
  2. (b) Ctrl + P
  3. (c) Ctrl + V
  4. (d) Ctrl + X
Previously asked in: 2023 92 Q1 (iv)
Q12. § 8.2 Index
Index Fund
Previously asked in: 2023 92 Q19 (b)
Q13. [2] § 8.2 Index
"Nifty is barometer of the Indian markets." In the light of this statement define 'Nifty'.
Previously asked in: 2025 92 Q14
Q14. [1]
Which of the following is a part of yearly maintenance schedule for the computer ?
  1. (A) Clean your monitor.
  2. (B) Clean up your e-mail box.
  3. (C) Cleanup download folder.
  4. (D) Check for expiry of antivirus software and renew.
Previously asked in: 2026 92 Q1 (iv)
Q15.
Record Date
Previously asked in: 2023 92 Q15 (a)
Q16. [1]
Assertion (A) : SEBI has prescribed a set of rules and regulations for each entity. Reason (R) : The entity should operate within the legal framework as prescribed by SEBI.
  1. (A) Both (A) and (R) are true and (R) is the correct explanation of (A).
  2. (B) Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  3. (C) (A) is true, but (R) is false.
  4. (D) (A) is false, but (R) is true.
Previously asked in: 2026 92 Q3 (ii)
Q17. [4] § 8.3 Clearing & Settlement and Redressal
"National Clearing Limited (NCL), a 100% subsidiary of NSE, performs the role of a clearing corporation for transactions executed on the NSE." In this context define the clearing corporation and explain the role of clearing corporation.
Previously asked in: 2023 92 Q20
Q18. [1] § 8.2 Index
To verify the registration status of a broker or sub-broker, it is recommended to check their registration number or relevant details on the official website of the Securities and Exchange Board of India (SEBI). Brokers usually have registration number that start with "________".
  1. (A) INS
  2. (B) INT
  3. (C) INB
  4. (D) IND
Previously asked in: 2026 92 Q3 (iv)
Q19. [1] § 8.3 Clearing & Settlement and Redressal
What is Pay-in-Day ?
Previously asked in: 2026 92 Q5 (v)
Q20. [2] § 8.3 Clearing & Settlement and Redressal
Explain any two fucntions of clearing corporation.
Previously asked in: 2023 92 Q15
Q21. [2]
"Clear and concise communication is of immense importance in work and business environment". Explain the given statement.
Previously asked in: 2026 92 Q6
Q22. [2] § 8.3 Clearing & Settlement and Redressal
"A clearing corporation plays a crucial role in managing risk in financial markets." What is the primary risk that clearing corporation mitigate, and how do they achieve this ?
Previously asked in: 2026 92 Q14
Q23. [1]
The means by which the information is sent :
  1. (A) Sender
  2. (B) Feedback
  3. (C) Message
  4. (D) Channel
Previously asked in: 2025 92 Q1 (i)
Q24. [2] § 8.1 Corporate Actions § 8.3 Clearing & Settlement and Redressal
Explain the following : Role of Arbitration
Previously asked in: 2026 92 Q19 (b)
Q25. [1]
What is a record date ?
Previously asked in: 2025 92 Q4 (v)
Q26. [2] § 8.3 Clearing & Settlement and Redressal
Explain the following : The function of clearing corporation
Previously asked in: 2025 92 Q20 (a)
Q27. [1]
These files are created when you are running programs.
  1. (a) Virus
  2. (b) Backup files
  3. (c) System files
  4. (d) Temporary files
Previously asked in: 2023 92 Q1 (vi)
Q28. [1] § 8.1 Corporate Actions § 8.3 Clearing & Settlement and Redressal
"Its regulatory jurisdiction covers corporates in the issuance of capital and transfer of securities, in addition to all intermediaries and persons associated with securities market."
  1. (a) IRDA
  2. (b) SEBI
  3. (c) RBI
  4. (d) PFRDA
Previously asked in: 2023 92 Q2 (ii)
Q29. [2]
Explain the skill you must master to succeed in life. (Part of: Answer any 3 out of given 5 questions on Employability Skills. Answer each question in 20-30 words.)
Previously asked in: 2023 92 Q6
Q30. [2]
"Being well versed with stress coping mechanisms helps people lead healthy and happier life." What are the benefits of Stress Management?
Previously asked in: 2023 92 Q7
Q31. [1] § Unit Code: 9 — Concepts & Modes of Analysis
Which type of feedback provides precise details about what has been done well or needs improvement ?
  1. (A) Specific feedback
  2. (B) Negative feedback
  3. (C) Timely feedback
  4. (D) General feedback
Previously asked in: 2026 92 Q1 (i)
Q32. [1]
Which of the following is NOT a Sustainable Developmental Goal targeted to be achieved by 2030 ?
  1. (A) Zero Hunger
  2. (B) Good Health and Well being
  3. (C) Gender Equality
  4. (D) Space Research
Previously asked in: 2026 92 Q1 (vi)
Q33. [1]
Define Sustainable Development.
Previously asked in: 2023 92 Q4
Q34. [2]
State any two problems related to sustainable development.
Previously asked in: 2023 92 Q6
Q35. [2]
Name the four skills which must be master to succeed in life.
Previously asked in: 2026 92 Q7
Q36. [1]
Stay updated with best practices and read up on new information always. Prepare yourself for new changes, so that you can transition seamlessly. Identify the skill.
  1. (A) Time Management
  2. (B) Adaptability
  3. (C) Self-Awareness
  4. (D) Responsibility
Previously asked in: 2025 92 Q1 (ii)
Q37. [1]
"Portfolio Management Services" could be offered only by intermediaries having specific approval of _________ for PMS.
  1. (A) SEBI
  2. (B) RBI
  3. (C) NSDL
  4. (D) NSE
Previously asked in: 2025 92 Q4 (iii)
Q38. [2]
One initiative was taken by Ministry of Railways in Varanasi and Rai Bareilly where they introduced clay pot 'Kulhads' to replace plastic and paper cup and to bring back taste of tradition. Mention two advantages of using 'Kulhads' by Railways.
Previously asked in: 2025 92 Q10
Q39. [1]
"CRISIL is a credit rating agency in India". Which of the following is not a credit rating agency in India:
  1. (a) CARE
  2. (b) ICRA
  3. (c) FITCH
  4. (d) RBI
Previously asked in: 2023 92 Q2 (iv)
CBSE Class X
Introduction to Financial Markets (405)
Answer Key
From previous CBSE Board Exam questions
Code: AFTOUKQuestions: 37Maximum Marks: 53Generated: 2026-06-15 13:05
Q1. [2] § INVESTMENT BASICS § When to start Investing? § What care should one take while investing?
Discuss role of entrepreneur in the society.
Previously asked in: 2023 92 Q9
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

An entrepreneur plays a vital role in society by:

  1. Creating employment — generates job opportunities for others, reducing unemployment.
  2. Economic development — contributes to national income and overall economic growth.
  3. Innovation — introduces new products, services, and technologies that improve living standards.
  4. Resource utilisation — makes productive use of available natural, human, and financial resources.
Explanation

The source passages provided are about investment basics and do not directly cover the role of entrepreneurs. This answer is based on standard CBSE Class 10 Business Studies/Entrepreneurship curriculum knowledge. Examiners expect 2–3 clear, distinct points. Avoid writing long descriptions for each point — one crisp line per role is sufficient for a 2-mark answer.

Q2. [1] § When to start Investing? § What care should one take while investing?
What is the primary function of an entrepreneur in society ?
  1. (A) Avoid taking risks
  2. (B) Discouraging others from starting business
  3. (C) Creating myths about business
  4. (D) Fostering innovation and economic growth
Previously asked in: 2026 92 Q1 (v)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(D) Fostering innovation and economic growth

Explanation

This is a straightforward MCQ. An entrepreneur drives economic progress by introducing new ideas, creating businesses, and generating employment — all of which foster innovation and economic growth. The other options describe negative or incorrect traits, not entrepreneurial functions.

Q3. [1] § 8.1 Corporate Actions
Amit holds 400 shares of X Ltd. Company decides to implement a stock spilt of 4 for 1. How many shares Mr. Amit will hold how many shares after this corporate action?
  1. (a) 400
  2. (b) 1600
  3. (c) 100
  4. (d) 800
Previously asked in: 2023 92 Q4 (v)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

(b) 1600

In a 4-for-1 stock split, each existing share becomes 4 shares. So, 400 × 4 = 1600 shares.

Explanation

The source passage directly uses this exact example: an investor holding 400 shares after a 4-for-1 split holds 1600 shares. Multiply existing shares by the split ratio (4). Total value remains unchanged as the share price simultaneously reduces to 1/4th.

Q4. [1] § 8.1 Corporate Actions
Mention two examples of 'Corporate Actions'.
Previously asked in: 2023 92 Q5 (v)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

Two examples of Corporate Actions are: Dividend (distribution of part of a company's earnings to shareholders) and Stock Split (splitting existing shares into smaller denominations to increase the number of shares).

Explanation

The question asks for just two examples; a one-line answer naming and briefly identifying them is sufficient for 1 mark. The source lists dividends, stock splits, rights issues, and bonus issues — any two are acceptable. Avoid lengthy explanations.

Q5. [2] § 8.1 Corporate Actions
"A business plan serves as a guide to determine the business objectives and the course of action. It helps to detail the "what, when, how and who" of doing every specific tasks." Describe this managerial function of entrepreneurs.
Previously asked in: 2023 92 Q10
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

The managerial function described here is Planning.

Planning involves setting business objectives and deciding the course of action to achieve them. An entrepreneur uses a business plan to determine what tasks need to be done, when and how they will be executed, and who will be responsible for each task. It acts as a roadmap for the business.

Explanation

The question describes the classic definition of the planning function of management. Examiners expect you to:

  1. Correctly name the function — Planning.
  2. Briefly explain it using the keywords from the question itself: objectives, course of action, what/when/how/who.

Do not confuse this with organising (which deals with arranging resources). The business plan is the tool of planning. Stick to 2–3 sentences since it is a 2-mark question.

Q6. [1] § 8.1 Corporate Actions
By what name the corporate action which splits the existing shares of a particular face value into smaller denominations is called ?
Previously asked in: 2023 92 Q9
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

The corporate action which splits the existing shares of a particular face value into smaller denominations is called a Stock Split.

Source: What is a Stock Split?, Chapter 8

---

Explanation

The examiner expects the exact term "Stock Split" as the answer. Remember the key feature: number of shares increases but market capitalisation remains unchanged. For a 1-mark question, just naming the term with minimal description is sufficient.

Q7. [2]
What actions can be performed on your computer screen by using a mouse ?
Previously asked in: 2026 92 Q8
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag

The question asks about mouse actions on a computer screen, but the source passages provided are about financial topics (corporate actions, stock markets, clearing & settlement). These passages do not contain any information about mouse operations.

Model Answer

Using a mouse, the following actions can be performed on a computer screen:

  1. Clicking – Single click to select an item; double-click to open a file or application.
  2. Right-clicking – Opens a context/shortcut menu with options.
  3. Dragging and Dropping – Moving an item from one location to another.
  4. Scrolling – Using the scroll wheel to move up or down a page.
Explanation

> Note: The source passages provided are about stock market topics and do not relate to this question. The answer above is based on standard CBSE Class 10 IT/Computer Science curriculum knowledge.

For the board exam, remember to name at least 3–4 distinct mouse actions with a brief one-line description of each. Examiners award marks for correctly naming the action and stating what it does. Avoid vague answers like "you can move things" — use proper terms: click, double-click, right-click, drag and drop, scroll.

Q8. [1]
The following are navigation keys except :
  1. (A) Home
  2. (B) END
  3. (C) ENTER
  4. (D) PAGE UP
Previously asked in: 2025 92 Q1 (iv)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(C) ENTER

ENTER is not a navigation key; it is used to execute commands or confirm input. Home, End, and Page Up are all navigation keys used to move the cursor within a document.

Explanation

Navigation keys are keys that move the cursor or scroll through a document — Home, End, Page Up, Page Down, arrow keys, etc. ENTER is an action/command key, not a navigation key. This is a straightforward computer fundamentals question; the source passages are unrelated, but the answer is based on standard IT literacy content in Class 10.

Q9. [1]
Which of following is not a sustainable development goal according to United Nations ?
  1. (A) Clean Water and Sanitation
  2. (B) Gender Equality
  3. (C) Population
  4. (D) Reduced Inequalities
Previously asked in: 2025 92 Q1 (vi)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(C) Population

"Population" is not a Sustainable Development Goal (SDG) of the United Nations. The 17 SDGs include Clean Water and Sanitation (Goal 6), Gender Equality (Goal 5), and Reduced Inequalities (Goal 10), but Population is not among them.

Explanation

The UN adopted 17 SDGs in 2015 under the 2030 Agenda for Sustainable Development. Students must remember the actual 17 goals; "Population" is not one of them. The other three options are official SDGs. Note: The source passages provided do not cover this topic — this answer is based on standard CBSE/UN SDG knowledge required at Class 10 level.

Q10. [2]
List the four types of barriers of communication.
Previously asked in: 2025 92 Q6
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

The four types of barriers of communication are:

  1. Physical barriers – distance, noise, faulty equipment
  2. Psychological barriers – stress, emotions, lack of interest
  3. Language barriers – different languages, complex vocabulary
  4. Cultural barriers – differences in customs, values, and traditions
Explanation

The source passages provided do not cover barriers of communication — they relate to financial markets and corporate actions. However, this is a standard CBSE Class 10 topic (English/Employability Skills). Examiners expect you to name all four barriers clearly. For 2 marks, listing the four types (1/2 mark each) is sufficient; brief examples strengthen the answer but are not mandatory. Avoid writing lengthy explanations for each — just name and give a one-word example.

Q11. [1]
Which one of the following short-cut keys is used to copy?
  1. (a) Ctrl + C
  2. (b) Ctrl + P
  3. (c) Ctrl + V
  4. (d) Ctrl + X
Previously asked in: 2023 92 Q1 (iv)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

(a) Ctrl + C is the shortcut key used to copy.

Explanation

This is a standard computer shortcut question. Ctrl+C = Copy, Ctrl+V = Paste, Ctrl+X = Cut, Ctrl+P = Print. These are universal keyboard shortcuts a student must memorise. Note: the source passages provided are unrelated to this question, but the answer is based on standard computer knowledge expected in the syllabus.

Q12. § 8.2 Index
Index Fund
Previously asked in: 2023 92 Q19 (b)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

An Index Fund is a type of mutual fund or investment fund designed to replicate the performance of a specific stock market index, such as the Nifty. Since the Nifty is a scientifically developed 50-stock index reflecting the market movement of Indian markets and is considered the barometer of Indian markets, an index fund simply buys the same stocks in the same proportion as the index. It is a passive investment strategy — the fund manager does not actively pick stocks but merely tracks the index. This results in lower management costs compared to actively managed funds.

Source: Chapter 8, Section 8.2 — Index

---

Explanation
Q13. [2] § 8.2 Index
"Nifty is barometer of the Indian markets." In the light of this statement define 'Nifty'.
Previously asked in: 2025 92 Q14
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

Nifty (CNX Nifty) is a scientifically developed 50-stock index that reflects accurately the market movement of the Indian markets. It comprises some of the largest and most liquid stocks traded on the NSE (National Stock Exchange). It is maintained by India Index Services & Products Ltd. (IISL), a group company of NSE. Since it tracks overall market performance, it is called the barometer of the Indian markets.

Source: Chapter 8, Section 8.2 — Index

---

Explanation
Q14. [1]
Which of the following is a part of yearly maintenance schedule for the computer ?
  1. (A) Clean your monitor.
  2. (B) Clean up your e-mail box.
  3. (C) Cleanup download folder.
  4. (D) Check for expiry of antivirus software and renew.
Previously asked in: 2026 92 Q1 (iv)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(D) Check for expiry of antivirus software and renew.

Explanation

Yearly maintenance tasks are done once a year. Checking and renewing antivirus software is an annual task. Options A, B, and C are daily/weekly/monthly tasks, not yearly. Note: The source passages provided are unrelated to this topic; this answer is based on standard IT/computer maintenance knowledge expected in the syllabus.

Q15.
Record Date
Previously asked in: 2023 92 Q15 (a)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

Record Date is a date declared in advance by a company to determine which shareholders are entitled to receive corporate benefits such as dividends, bonus issues, or rights issues. Only investors whose names appear in the company's records on the record date are eligible for these benefits. With depositories in place, physical registration of shares is not required, as investor holdings are maintained electronically.

Source: Chapter 8, Section 8.3 — Book-closure/Record date

---

Explanation
Q16. [1]
Assertion (A) : SEBI has prescribed a set of rules and regulations for each entity. Reason (R) : The entity should operate within the legal framework as prescribed by SEBI.
  1. (A) Both (A) and (R) are true and (R) is the correct explanation of (A).
  2. (B) Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  3. (C) (A) is true, but (R) is false.
  4. (D) (A) is false, but (R) is true.
Previously asked in: 2026 92 Q3 (ii)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(A) Both (A) and (R) are true and (R) is the correct explanation of (A).

SEBI prescribes rules and regulations for each entity because those entities must operate within SEBI's legal framework.

Explanation

The Reason directly explains why SEBI prescribes rules — to ensure all market entities function within a legal framework. Since both statements are true and R logically explains A, option (A) is correct.

Q17. [4] § 8.3 Clearing & Settlement and Redressal
"National Clearing Limited (NCL), a 100% subsidiary of NSE, performs the role of a clearing corporation for transactions executed on the NSE." In this context define the clearing corporation and explain the role of clearing corporation.
Previously asked in: 2023 92 Q20
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

Definition of Clearing Corporation:
A Clearing Corporation is a part of an exchange or a separate entity that clears and settles all transactions, i.e., completes the process of receiving and delivering shares/funds to buyers and sellers in the market.

Role of Clearing Corporation:

  1. Clears and Settles Transactions: It completes the process of receiving and delivering shares/funds to the buyers and sellers in the market.
  2. Financial Guarantee: It provides financial guarantee for all transactions executed on the exchange.
  3. Risk Management: It provides risk management functions to ensure smooth functioning of the market.

(Example: NSCCL, a 100% subsidiary of NSE, performs the role of Clearing Corporation for transactions executed on NSE.)

Source: Chapter 8, Section 8.3 – Clearing & Settlement and Redressal

---

Explanation
Q18. [1] § 8.2 Index
To verify the registration status of a broker or sub-broker, it is recommended to check their registration number or relevant details on the official website of the Securities and Exchange Board of India (SEBI). Brokers usually have registration number that start with "________".
  1. (A) INS
  2. (B) INT
  3. (C) INB
  4. (D) IND
Previously asked in: 2026 92 Q3 (iv)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

The correct answer is (C) INB.

A broker's registration number begins with the letters 'INB', and that of a sub-broker begins with 'INS'.

Source: Chapter 4, Section 4.1.2 (Stock Trading)

---

Explanation

The passage explicitly states: "A broker's registration number begins with the letters 'INB' and that of a sub broker with the letters 'INS'." Students often confuse INB (broker) with INS (sub-broker) — remember B for Broker, S for Sub-broker.

Q19. [1] § 8.3 Clearing & Settlement and Redressal
What is Pay-in-Day ?
Previously asked in: 2026 92 Q5 (v)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

Pay-in day is the day when the securities sold are delivered to the exchange by the sellers and funds for the securities purchased are made available to the exchange by the buyers.

Source: Chapter 8, Section 8.3 – Clearing & Settlement

---

Explanation

The examiner expects the exact definition from the textbook. Note the distinction: Pay-in = sellers deliver securities + buyers provide funds to the exchange. Don't confuse it with Pay-out day (when exchange delivers to buyers/sellers). For 1 mark, one clear sentence is sufficient.

Q20. [2] § 8.3 Clearing & Settlement and Redressal
Explain any two fucntions of clearing corporation.
Previously asked in: 2023 92 Q15
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

Two functions of a Clearing Corporation are:

  1. Clearing and Settlement: It clears and settles all transactions by completing the process of receiving and delivering shares/funds to the buyers and sellers in the market.
  1. Financial Guarantee: It provides financial guarantee for all transactions executed on the exchange, ensuring safety and reliability of trades.

Source: Chapter 8, Section 8.3 – Clearing & Settlement

Explanation

The passage lists exactly three functions of a Clearing Corporation. Pick any two for a 2-mark question. Each function = 1 mark. State the function name and briefly explain it — one line each is sufficient. Do not write about NSCCL unless specifically asked.

Q21. [2]
"Clear and concise communication is of immense importance in work and business environment". Explain the given statement.
Previously asked in: 2026 92 Q6
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

Clear and concise communication ensures that messages are understood quickly and accurately, reducing the chances of misunderstanding. In a work and business environment, it saves time, improves efficiency, builds professional relationships, and helps in making quick decisions, ultimately leading to better productivity and smoother operations.

Explanation

This question is from the communication/soft skills component of the CBSE Class 10 curriculum. The examiner expects students to explain why clarity and conciseness matter specifically in a work/business context — mentioning practical benefits like time-saving, efficiency, avoiding misunderstandings, and productivity. Avoid generic statements; link the explanation directly to the workplace setting. Two distinct points earn full marks.

Q22. [2] § 8.3 Clearing & Settlement and Redressal
"A clearing corporation plays a crucial role in managing risk in financial markets." What is the primary risk that clearing corporation mitigate, and how do they achieve this ?
Previously asked in: 2026 92 Q14
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

The primary risk that a Clearing Corporation mitigates is counterparty/default risk — the risk that a buyer or seller may fail to fulfil their obligation.

They achieve this by:

  1. Providing financial guarantee for all transactions executed on the exchange.
  2. Performing risk management functions to ensure smooth clearing and settlement of shares and funds between buyers and sellers.

Source: Chapter 8, Section 8.3 – Clearing & Settlement

---

Explanation
Q23. [1]
The means by which the information is sent :
  1. (A) Sender
  2. (B) Feedback
  3. (C) Message
  4. (D) Channel
Previously asked in: 2025 92 Q1 (i)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(D) Channel

The channel is the means by which the information/message is sent from the sender to the receiver.

Explanation

The examiner expects the student to identify the correct term from the communication process. "Channel" refers to the medium or pathway used to transmit the message (e.g., phone, internet, face-to-face). Do not confuse it with "Message" (the content itself) or "Sender" (the person who sends it).

Q24. [2] § 8.1 Corporate Actions § 8.3 Clearing & Settlement and Redressal
Explain the following : Role of Arbitration
Previously asked in: 2026 92 Q19 (b)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

Arbitration is an alternative dispute resolution mechanism provided by a stock exchange for resolving disputes between trading members and their clients regarding trades done on the exchange. If no amicable settlement is reached through the normal grievance redressal mechanism, the investor can apply for Arbitration under the Bye-Laws of the concerned stock exchange.

Source: Chapter 8, Section 8.3 – Clearing & Settlement and Redressal

---

Explanation
Q25. [1]
What is a record date ?
Previously asked in: 2025 92 Q4 (v)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

Record date is a date declared in advance by a company on which an investor's name must appear in the company's records to be entitled to benefits like dividend, bonus, or rights issue.

Source: Chapter 8, Section 8.3 – Clearing & Settlement and Redressal

---

Explanation

The examiner expects a one-line definition mentioning: (1) it is declared in advance, (2) the investor's name must be on company records on that date, and (3) it determines eligibility for corporate benefits (dividend/bonus/rights). Avoid confusing it with "book closure," which refers to closing the register itself.

Q26. [2] § 8.3 Clearing & Settlement and Redressal
Explain the following : The function of clearing corporation
Previously asked in: 2025 92 Q20 (a)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

A Clearing Corporation performs three main functions:

  1. It clears and settles all transactions — completing the process of receiving and delivering shares/funds to buyers and sellers.
  2. It provides a financial guarantee for all transactions executed on the exchange.
  3. It provides risk management functions.

Example: NSCCL is the Clearing Corporation for NSE.

Source: Chapter 8, Section 8.3 – Clearing & Settlement

---

Explanation
Q27. [1]
These files are created when you are running programs.
  1. (a) Virus
  2. (b) Backup files
  3. (c) System files
  4. (d) Temporary files
Previously asked in: 2023 92 Q1 (vi)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

(d) Temporary files

Temporary files are created automatically when programs are running and are usually deleted after the program closes.

Explanation

Note: The source passages provided are about financial markets and do not contain information about this computer science question. The answer (d) Temporary files is based on standard Class 10 IT/Computer Science knowledge — temporary files are auto-generated during program execution to store data temporarily and are not permanent system or backup files.

Q28. [1] § 8.1 Corporate Actions § 8.3 Clearing & Settlement and Redressal
"Its regulatory jurisdiction covers corporates in the issuance of capital and transfer of securities, in addition to all intermediaries and persons associated with securities market."
  1. (a) IRDA
  2. (b) SEBI
  3. (c) RBI
  4. (d) PFRDA
Previously asked in: 2023 92 Q2 (ii)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

(b) SEBI

SEBI (Securities and Exchange Board of India) regulates corporates in issuance of capital, transfer of securities, and all intermediaries associated with the securities market.

Explanation

The statement describes SEBI's regulatory jurisdiction. IRDA regulates insurance, RBI regulates banking/monetary policy, and PFRDA regulates pension funds. SEBI is the correct answer as it is the statutory regulator for the securities market in India.

Q29. [2]
Explain the skill you must master to succeed in life. (Part of: Answer any 3 out of given 5 questions on Employability Skills. Answer each question in 20-30 words.)
Previously asked in: 2023 92 Q6
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

To succeed in life, one must master self-management skills. This includes managing time effectively, staying organised, setting goals, adapting to change, and maintaining a positive attitude — all of which are essential for personal and professional growth.

Explanation
Q30. [2]
"Being well versed with stress coping mechanisms helps people lead healthy and happier life." What are the benefits of Stress Management?
Previously asked in: 2023 92 Q7
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

Benefits of Stress Management:

  1. Improved physical health — Reduces risk of stress-related illnesses like hypertension, heart disease, and headaches.
  2. Better mental well-being — Helps maintain emotional balance, reduces anxiety and depression, leading to a happier life.
  3. Enhanced productivity — A stress-free mind focuses better, improving performance at work or school.
  4. Better relationships — Calm and composed individuals communicate effectively, maintaining healthier personal and social relationships.
Explanation

The source passages provided are unrelated to stress management (they cover stock markets). This question likely comes from a Health & Physical Education or Life Skills chapter. The answer above is based on standard CBSE Class 10 knowledge of stress management benefits. In the exam, 2 marks = 2 well-stated points with brief elaboration. Avoid listing without explanation — write each point as a complete thought.

Q31. [1] § Unit Code: 9 — Concepts & Modes of Analysis
Which type of feedback provides precise details about what has been done well or needs improvement ?
  1. (A) Specific feedback
  2. (B) Negative feedback
  3. (C) Timely feedback
  4. (D) General feedback
Previously asked in: 2026 92 Q1 (i)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(A) Specific feedback

Specific feedback provides precise details about what has been done well or needs improvement.

Explanation

This is a straightforward definition-based MCQ. "Specific" feedback, by definition, is detailed and pinpointed — it tells exactly what is correct or incorrect. General feedback is vague; timely feedback relates to when it is given; negative feedback only highlights faults. Examiners expect direct option selection with a brief justification.

Q32. [1]
Which of the following is NOT a Sustainable Developmental Goal targeted to be achieved by 2030 ?
  1. (A) Zero Hunger
  2. (B) Good Health and Well being
  3. (C) Gender Equality
  4. (D) Space Research
Previously asked in: 2026 92 Q1 (vi)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(D) Space Research is NOT a Sustainable Development Goal. The 17 SDGs targeted for 2030 include Zero Hunger, Good Health and Well-being, and Gender Equality, but not Space Research.

Explanation

The 17 UN Sustainable Development Goals (SDGs) to be achieved by 2030 cover areas like poverty, hunger, health, education, gender equality, clean energy, etc. Space Research is not among them. Options A, B, and C are all actual SDGs (Goal 2, Goal 3, and Goal 5 respectively). Note: This question tests general awareness; the source passages provided are unrelated to SDGs, but the answer is based on standard CBSE curriculum knowledge.

Q33. [1]
Define Sustainable Development.
Previously asked in: 2023 92 Q4
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

Sustainable development is development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs.

Explanation

This is the standard Brundtland Commission definition expected in CBSE exams. The key phrases examiners look for are "present needs" and "future generations." Note: The source passages provided are unrelated to this topic; this definition is from the CBSE Class 10 Economics textbook (Chapter: Development).

Q34. [2]
State any two problems related to sustainable development.
Previously asked in: 2023 92 Q6
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag

The source passages provided are about financial markets, stock exchanges, and corporate actions — they contain no information about sustainable development. I cannot fabricate an answer from unrelated passages.

---

Model Answer

Two problems related to sustainable development are:

  1. Over-exploitation of natural resources — Rapid industrialisation and population growth lead to excessive use of resources like forests, water, and minerals, depleting them faster than they can be replenished.
  1. Environmental pollution — Industrial and agricultural activities release harmful wastes into air, water, and soil, damaging ecosystems and threatening the health of future generations.

---

Explanation
Q35. [2]
Name the four skills which must be master to succeed in life.
Previously asked in: 2026 92 Q7
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag

The source passages provided are about financial markets, stock exchanges, corporate actions, and related concepts. They contain no information about "four skills which must be mastered to succeed in life."

Model Answer

The question cannot be answered from the source passages provided. The passages deal with financial market concepts (Time Value of Money, Stock Splits, Clearing & Settlement, etc.) and do not mention any four skills required to succeed in life.

Explanation
Q36. [1]
Stay updated with best practices and read up on new information always. Prepare yourself for new changes, so that you can transition seamlessly. Identify the skill.
  1. (A) Time Management
  2. (B) Adaptability
  3. (C) Self-Awareness
  4. (D) Responsibility
Previously asked in: 2025 92 Q1 (ii)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(B) Adaptability

Staying updated with new information, preparing for changes, and transitioning seamlessly describes the skill of Adaptability.

Explanation

Adaptability means the ability to adjust to new conditions, changes, and information. The key clues in the question — "read up on new information," "prepare for new changes," and "transition seamlessly" — all point to Adaptability, not time management or self-awareness.

Q37. [1]
"Portfolio Management Services" could be offered only by intermediaries having specific approval of _________ for PMS.
  1. (A) SEBI
  2. (B) RBI
  3. (C) NSDL
  4. (D) NSE
Previously asked in: 2025 92 Q4 (iii)
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

(A) SEBI

Portfolio Management Services (PMS) could be offered only by intermediaries having specific approval of SEBI for PMS.

Explanation

SEBI (Securities and Exchange Board of India) is the apex regulatory body for the securities market in India. It grants specific approval to intermediaries for offering Portfolio Management Services. This is a standard regulatory fact tested in finance/capital markets MCQs. The source passages focus on market mechanics, but SEBI's role as the approving authority for PMS is a well-established SEBI regulation fact — none of the other options (RBI, NSDL, NSE) have authority to approve PMS.

Q38. [2]
One initiative was taken by Ministry of Railways in Varanasi and Rai Bareilly where they introduced clay pot 'Kulhads' to replace plastic and paper cup and to bring back taste of tradition. Mention two advantages of using 'Kulhads' by Railways.
Previously asked in: 2025 92 Q10
Generated by claude-sonnet-4-6 · 2026-06-15 07:06 · grounding rag
Model Answer

Two advantages of using Kulhads by Railways:

  1. Eco-friendly: Kulhads are made of clay and are biodegradable, so they do not pollute the environment unlike plastic or paper cups.
  2. Revival of tradition: They help bring back the taste of tradition and support local potters (kumbhars), promoting indigenous craftsmanship.
Explanation

The source passages provided are unrelated to this question (they cover stock markets). Answer is based on general CBSE Social Science/Economics knowledge about sustainable practices and use of Kulhads. Examiners expect two distinct, clearly stated points. Common valid points include: biodegradable/eco-friendly nature, support to local artisans, cultural revival, healthier/natural material, and no chemical leaching. Write one clear point per advantage.

Q39. [1]
"CRISIL is a credit rating agency in India". Which of the following is not a credit rating agency in India:
  1. (a) CARE
  2. (b) ICRA
  3. (c) FITCH
  4. (d) RBI
Previously asked in: 2023 92 Q2 (iv)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

(d) RBI

RBI (Reserve Bank of India) is the central bank and a market regulator, not a credit rating agency. CARE, ICRA, and FITCH are all credit rating agencies operating in India.

Explanation
Previous-year CBSE Grade 10 board exam questions, organised by subject and chapter, each with a model answer — free to read and print.