Practice Banks - 2.1 | Chapter 5: Business Regulators and Intermediaries | ICSE Class 12 Business Studies
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the primary role of banks?

πŸ’‘ Hint: Think about what happens when you deposit money.

Question 2

Easy

Name one type of bank.

πŸ’‘ Hint: This bank type focuses on profit.

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 main function of banks?

  • To invest in stocks
  • To connect savers and borrowers
  • To fund government projects

πŸ’‘ Hint: Think about how your savings are used.

Question 2

True or False: Cooperative banks primarily seek to generate profit.

  • True
  • False

πŸ’‘ Hint: Consider the definition of cooperative banks.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate the impact of interest rates set by banks on the economy. How do they affect loans and savings?

πŸ’‘ Hint: Think about how interest affects your decision to borrow.

Question 2

Discuss the role of banks in managing economic crises. Provide examples.

πŸ’‘ Hint: Consider the actions taken by banks during past economic downturns.

Challenge and get performance evaluation