Practice Commercial Banks - 4.3 | 4. Banking in India | ICSE Class 10 Economics
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is a commercial bank?

πŸ’‘ Hint: Think about where you keep your money.

Question 2

Easy

Name one type of deposit accepted by commercial banks.

πŸ’‘ Hint: Which one do you often hear people use?

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the primary function of commercial banks?

  • Accept deposits
  • Provide insurance
  • Invest in stocks

πŸ’‘ Hint: Consider the first thing you do with your earnings.

Question 2

True or False: Commercial banks only provide loans.

  • True
  • False

πŸ’‘ Hint: Remember the variety of services offered by banks.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate the role of commercial banks in a developing economy. Consider both positive and negative aspects.

πŸ’‘ Hint: Think about both the growth they promote and the responsibilities.

Question 2

Propose an innovative service a commercial bank could offer to increase its role in community development.

πŸ’‘ Hint: Consider how banks can empower individuals with limited resources.

Challenge and get performance evaluation