Practice Functions of Commercial Banks - 4.3.1 | 4. Banking in India | ICSE Class 10 Economics
K12 Students

Academics

AI-Powered learning for Grades 8–12, aligned with major Indian and international curricula.

Professionals

Professional Courses

Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.

Games

Interactive Games

Fun, engaging games to boost memory, math fluency, typing speed, and English skillsβ€”perfect for learners of all ages.

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Name one type of deposit accepted by commercial banks.

πŸ’‘ Hint: Think about the accounts you use to save money.

Question 2

Easy

What is an overdraft?

πŸ’‘ Hint: It relates to borrowing money from the bank.

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 one function of commercial banks?

  • Accepting Deposits
  • Regulating Currency
  • None of the Above

πŸ’‘ Hint: Think about the banking services for customers.

Question 2

Commercial banks lend money through loans. True or False?

  • True
  • False

πŸ’‘ Hint: Consider what banks do with deposited funds.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Discuss how the function of accepting deposits can stabilize the economy during financial crises.

πŸ’‘ Hint: Consider the importance of liquidity in economic downturns.

Question 2

Evaluate the relationship between the provision of loans and economic growth.

πŸ’‘ Hint: Think about the impact of investment on job creation and innovation.

Challenge and get performance evaluation