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Practice Quiz

Banking — Practice Quiz

ICSE · Class 9 · Commercial Studies

Try a 4-question quiz on Banking for ICSE Class 9 Commercial Studies: tap an answer to check it and see why. 67 questions in the full chapter test.

67 questions38 flashcards5 concepts

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Quick Quiz: Banking

0/4

Tap an answer to check it instantly. No sign-up needed for these 4.

1

What is a bank?

2

Which institution is the central bank of India?

3

Which of the following is a main function of a commercial bank?

4

What is the chief executive of a commercial bank called?

67 Questions·
multiple choicemultiple correcttrue false

Sample Questions

1multiple choice
1 marks

What is the chief of the central bank called?

Show answer

Governor

The chief of the central bank is called the Governor.

2multiple choice
1 marks

Which bank account is generally opened for businessmen and firms?

Show answer

Current deposit account

Current accounts are generally opened by businessmen and firms for frequent transactions.

3multiple choice
1 marks

Which deposit account is meant to encourage savings among people?

Show answer

Savings deposit account

A savings account is meant to cultivate the habit of saving.

4multiple choice
1 marks

Which of the following usually earns no interest?

Show answer

Current deposits

No interest is generally allowed on current deposits; instead, bank charges may be levied.

+63 more questions on Banking (ICSE Class 9 Commercial Studies)

Practise All

Frequently Asked Questions

What are the important topics in Banking for ICSE Class 9 Commercial Studies?
Key topics in Banking include Meaning of Bank and Banking, Types of Banks, Functions of Commercial Banks, Types of Bank Accounts. Study these first, then practise questions on each for Class 9 exams.
How many practice questions are there for Banking?
There are 67 questions on Banking. Try the 4-question sample quiz on this page first; each answer shows an explanation when you tap it.

Sources & Official References

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

More resources for Banking

All ICSE Class 9 Commercial Studies Practice Quiz

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