ICSE Class 10 Maths by Pavan | Practice Test to Test Your Knowledge
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ICSE Class 10 Maths

ICSE Class 10 Maths

Thorough mock test covering Quadratic Equations, Coordinate Geometry, and Statistics. Includes both objective and subjective questions.

2025-07-19
ICSE Class 10 Grade 10 Mathematics

Duration

30 min

Questions

30

Marking

Negative

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Questions Preview

What is the full form of GST?

A
General Service Tax
B
Goods and Service Tax
C
Government Sales Tax
D
Gross Sales Tax

The rate of GST on most of the goods and services in India is?

A
12%
B
18%
C
5%
D
28%

Which of the following is NOT a type of GST in India?

A
CGST
B
SGST
C
IGST
D
AGST

What does CGST stand for?

A
Central Goods and Service Tax
B
Consumer Goods and Service Tax
C
Central Government Service Tax
D
Central Goods Sales Tax

In GST, the input tax credit is available for which of the following?

A
Input tax paid on purchases
B
Output tax paid on sales
C
Tax paid on personal purchases
D
All of the above

What is the GST rate on luxury goods in India?

A
18%
B
12%
C
28%
D
5%

What is the rate of GST for books in India?

A
No GST
B
5%
C
12%
D
18%

What does SGST stand for?

A
State Goods and Service Tax
B
Sales Goods and Service Tax
C
State General Service Tax
D
Sales General Service Tax

Which of the following is an example of a commercial bank?

A
Reserve Bank of India
B
State Bank of India
C
Rural Development Bank
D
Development Bank of India

What is the primary function of a bank?

A
To lend money
B
To accept deposits
C
To transfer money
D
All of the above

Which of the following is NOT a type of banking?

A
Commercial banking
B
Investment banking
C
Development banking
D
International banking

What is the term used for the interest charged by banks for lending money?

A
Deposit rate
B
Credit rate
C
Loan rate
D
Interest rate

Which of the following is an example of a fixed deposit in a bank?

A
Short-term loan
B
Recurring deposit
C
Savings account
D
Term deposit

Which of the following statements is true about dividends?

A
Dividends are paid from a company's profits
B
Dividends are paid by the government
C
Dividends are paid on bonds
D
Dividends are paid to creditors

What is a share in the context of a company?

A
A loan given to the company
B
A portion of ownership in the company
C
A form of government bond
D
A liability of the company

What is the dividend yield?

A
The amount of dividend paid per share
B
The annual dividend expressed as a percentage of the share price
C
The total profit of the company
D
The percentage increase in the share price

Which of the following is NOT a type of share?

A
Preference share
B
Equity share
C
Debt share
D
Convertible share

What is a bonus share?

A
A share given as a reward for good performance
B
A new share issued in lieu of dividends
C
A share purchased by the company from its profits
D
A share given to employees

Which of the following is true about rights shares?

A
They are offered to existing shareholders to buy additional shares at a discount
B
They are offered to new investors
C
They are always sold in the secondary market
D
They are issued to government bodies only

What does the term 'face value' of a share refer to?

A
The amount at which the share is sold in the market
B
The price paid by the investor for the share
C
The nominal value of the share printed on the certificate
D
The profit made by the company on the share

Which of the following is a benefit of owning preference shares?

A
Priority in dividend payments
B
Voting rights in the company
C
Higher dividend yield
D
Ownership in the company

What does a stock split result in?

A
Increased face value per share
B
Decreased number of shares
C
Increased number of shares and reduced face value per share
D
Increased market price of each share

What is the dividend rate?

A
The percentage of a company’s profits paid out to shareholders
B
The amount a shareholder pays for the share
C
The amount of profit retained by the company
D
The cost of producing one share

What is the role of the Reserve Bank of India in banking?

A
It is a commercial bank
B
It regulates and supervises all the commercial banks
C
It is a private bank
D
It provides loans to individuals

Which of the following statements is correct about a savings account?

A
It offers a higher interest rate than fixed deposits
B
It offers a lower interest rate than fixed deposits
C
It requires a minimum balance
D
It offers no interest

What is the formula for calculating the total dividend?

A
Dividend per share × Total number of shares
B
Dividend yield × Market price of the share
C
Total market value of shares × Dividend rate
D
Total number of shares × Face value per share

What happens to the market value of a share after a bonus issue?

A
It decreases
B
It increases
C
It remains unchanged
D
It fluctuates

What is the key characteristic of a debenture?

A
It represents a long-term loan taken by the company
B
It is a type of equity share
C
It offers dividends
D
It has voting rights

Which of the following is a key function of a commercial bank?

A
Printing currency notes
B
Maintaining government reserves
C
Providing loans and accepting deposits
D
Managing stock market trading

What does the term 'market capitalization' refer to?

A
The total value of all shares of a company
B
The number of shares available in the market
C
The market value of a company's bonds
D
The total revenue of a company