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Important Questions

Saving and Insurance

NIOS · Class 10 · Economics

Most important questions from Saving and Insurance for NIOS Class 10 Economics board exam 2026. MCQs, short answer, and long answer questions with marks.

62 questions35 flashcards5 concepts

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62 Questions·
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Sample Questions

1multiple choice
1 marks

What is the main use of saving for future life?

Show answer

It acts as a kind of security for future

Saving provides money that can be used in future when needed.

2multiple choice
1 marks

Which institution allows an individual to open a saving account with a minimum deposit of Rs. 50?

Show answer

Post Office Savings Bank

A post office saving account can be opened with a minimum deposit of Rs. 50.

3multiple choice
1 marks

What minimum balance must be left in a post office savings account after withdrawal?

Show answer

Rs. 50

A post office savings account requires a minimum balance of Rs. 50 after withdrawal.

4multiple choice
1 marks

What minimum balance is needed in a post office account to issue a cheque book?

Show answer

Rs. 500

A minimum balance of Rs. 500 must be kept to issue a cheque book in a post office account.

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Frequently Asked Questions

What are the important topics in Saving and Insurance for NIOS Class 10 Economics?
Saving and Insurance covers several key topics that are frequently asked in NIOS Class 10 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Saving and Insurance — NIOS Class 10 Economics?
Understand the core concepts first, then work through the 62 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many important questions are there in Saving and Insurance?
There are 62 practice questions available for Saving and Insurance. These cover multiple question types including MCQs, short answer, and long answer questions.

Sources & Official References

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

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