Practice General Utility Functions (5.3.B.2) - Banking - ICSE 9 Commercial Studies
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General Utility Functions

Practice - General Utility Functions

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is a demand draft?

💡 Hint: Think about how it is different from a personal check.

Question 2 Easy

What is a locker facility in banks?

💡 Hint: Consider why someone might want to use this service.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the purpose of a demand draft?

To give cash directly
To guarantee payment
To open a savings account

💡 Hint: Consider its prepaid nature.

Question 2

True or False: Bank lockers are not a secure way to store valuables.

True
False

💡 Hint: Think about bank security measures.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Analyze how the functions of banks can influence customer loyalty. Give examples.

💡 Hint: Consider the relationship between satisfaction and services offered.

Challenge 2 Hard

Critically evaluate the role of technology in enhancing the General Utility Functions of banks.

💡 Hint: Think about everyday banking experiences.

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Reference links

Supplementary resources to enhance your learning experience.