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BANKING Commercial Studies - BANKING

ICSE - STD 10 - Commercial Studies (ICSE - English Medium). 75 questions in this chapter.

Question types

BANKING question types

75 questions across 4 question groups — pick any mix to generate a Commercial Studies paper with step-by-step answer keys.

75
Questions
4
Question groups
5
Question types
Sample Questions

BANKING questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 1MCQ1 Mark
The RBI settles claims of other commercial banks by a process of book entries. It helps to stabilize the banking system in the economy. Which function of the Central bank is explained here.
  • A
    Monopoly of note issue
  • B
    Government's bank
  • ✓
    Clearing house function
  • D
    Developmental function

Answer: C.

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Q 2MCQ1 Mark
The _________ function of the central bank involves settling of claims of Commercial banks through a process of book entries.
  • A
    Monopoly of note issue
  • B
    Government's
  • ✓
    Clearing house
  • D
    Developmental

Answer: C.

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Q 3MCQ1 Mark
The _______ is the central bank of our country which has the authority to print currency notes.
  • A
    ICICI
  • ✓
    RBI
  • C
    PNB
  • D
    HDFC

Answer: B.

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Q 4MCQ1 Mark
The Chief of the Reserve Bank of India is called:
  • ✓
    The Governor
  • B
    The Chairman
  • C
    The finance Secretary
  • D
    The President

Answer: A.

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Q 5MCQ1 Mark
Which of the following banks regulate the supply of money in the economy?
  • A
    Commercial banks
  • B
    Indigenous banks
  • ✓
    Central bank
  • D
    Exchange banks

Answer: C.

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