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

4.3 - Commercial Banks

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is a commercial bank?

💡 Hint: Think about where you keep your money.

Question 2 Easy

Name one type of deposit accepted by commercial banks.

💡 Hint: Which one do you often hear people use?

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the primary function of commercial banks?

Accept deposits
Provide insurance
Invest in stocks

💡 Hint: Consider the first thing you do with your earnings.

Question 2

True or False: Commercial banks only provide loans.

True
False

💡 Hint: Remember the variety of services offered by banks.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

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

💡 Hint: Think about both the growth they promote and the responsibilities.

Challenge 2 Hard

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

💡 Hint: Consider how banks can empower individuals with limited resources.

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