Skip to main content
Super TutorResources
Chapter 8 of 10
Syllabus

Commercial Banks — Syllabus

ICSE · Class 10 · Economic Application

What Commercial Banks covers in ICSE Class 10 Economic Application: 4 topics, for the 2026-27 session. Topics include Meaning and Importance.

52 questions40 flashcards5 concepts

Interactive on Super Tutor

Studying Commercial Banks? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for syllabus and more.

Try Super Tutor — Free

Free trial, no card needed.

4 Topics · ICSE Class 10 Economic Application · 2026-27

Topics in Commercial Banks

1

Meaning and Importance of Commercial Banks

  • Commercial banks accept deposits from the public and give loans and advances.
  • Their main aim is profit.
  • The difference between lending rate and borrowing rate is the main source of income for banks.
2

Primary Functions of Commercial Banks

  • The two primary functions are accepting deposits and advancing loans.
  • Deposits are mainly of three types: current deposits, savings deposits, and fixed deposits.
  • Current deposits are used for day-to-day business transactions.
3

Loans and Advances

  • Banks give loans and advances to businessmen, farmers, consumers, and employers against approved securities.
  • Approved securities include gold, silver, bullion, government securities, easily saleable stock and shares, and marketable goods.
  • Cash credit is a short-term working capital loan against collateral.
4

Credit Creation by Commercial Banks

  • Credit creation is the process by which commercial banks generate new money through lending activities.
  • When a bank grants a loan, it creates a demand deposit in its system.
  • Primary deposits are cash accepted from customers and do not by themselves mean credit creation.

Key Concepts

Central concept: Commercial Banks as financial institutions that accept deposits, provide loans, create credit, and support economic activity

Meaning of Commercial BanksImportance of BanksFunctions of Commercial BanksAccepting DepositsAdvancing of LoansCredit CreationNationalisation of Commercial Banks

Work through every topic in Commercial Banks with notes and quizzes

Start This Chapter

Frequently Asked Questions

What are the important topics in Commercial Banks for ICSE Class 10 Economic Application?
Key topics in Commercial Banks include Meaning and Importance of Commercial Banks, Primary Functions of Commercial Banks, Loans and Advances, Credit Creation by Commercial Banks. Study these first, then practise questions on each for the ICSE Class 10 board exam.
How should I revise Commercial Banks for the ICSE Class 10 board exam?
Learn the core ideas first, then work through the 52 practice questions on Commercial Banks. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Commercial Banks

All ICSE Class 10 Economic Application Syllabus

For serious students

Get the full Commercial Banks chapter — start free.

Quizzes, flashcards, an AI doubt solver and a study plan for ICSE Class 10 Economic Application. Free to start, no card needed.

Try Super Tutor Free
Try this chapter free