Practice Functions of Commercial Banks - 4.3.1 | 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

Name one type of deposit accepted by commercial banks.

💡 Hint: Think about the accounts you use to save money.

Question 2

Easy

What is an overdraft?

💡 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

💡 Hint: Think about the banking services for customers.

Question 2

Commercial banks lend money through loans. True or False?

  • True
  • False

💡 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.

💡 Hint: Consider the importance of liquidity in economic downturns.

Question 2

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

💡 Hint: Think about the impact of investment on job creation and innovation.

Challenge and get performance evaluation