Practice Meaning and Definition of a Bank - 5.2 | 5. Banking | ICSE Class 9 Commercial Studies
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the main function of a bank?

💡 Hint: Think about what people do with their money in a bank.

Question 2

Easy

Name one type of account that banks offer.

💡 Hint: Consider accounts where you can save money.

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 does a bank accept from the public?

  • Checks
  • Money
  • Stocks

💡 Hint: Think about what you put into a bank.

Question 2

A bank is an institution that deals in money and ____.

💡 Hint: What do banks provide to borrowers?

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Consider a small town with a bank that has no depositors. Analyze how this situation might impact the bank's ability to lend money and its overall sustainability.

💡 Hint: Think about the relationship between deposits and loans.

Question 2

How might the rapid growth of digital banking impact traditional banks' functions in the future? Explore potential advantages and disadvantages.

💡 Hint: Consider technology’s role in finance.

Challenge and get performance evaluation