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Important Questions

Banking and Credit

NIOS · Class 10 · Economics

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

71 questions35 flashcards5 concepts

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71 Questions·
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Sample Questions

1multiple correct
1 marks

Which are the two primary functions of a bank?

Show answer

Accepting deposits from public, Giving loans

The two primary functions of a bank are accepting deposits and giving loans.

2multiple choice
1 marks

What is one use of a cheque book issued by a bank?

Show answer

Withdrawing money and making payments through the bank

Cheque books are used by depositors to withdraw money and make payments through the bank.

3multiple correct
1 marks

Which items are suitable for a bank locker?

Show answer

Jewellery, Property documents

Banks keep valuables such as jewellery and property documents safely in lockers.

4multiple choice
1 marks

What is credit?

Show answer

The claim to receive payments

Credit is defined as the claim to receive payments.

+67 more questions available

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Frequently Asked Questions

What are the important topics in Banking and Credit for NIOS Class 10 Economics?
Banking and Credit 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 Banking and Credit — NIOS Class 10 Economics?
Understand the core concepts first, then work through the 71 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 Banking and Credit?
There are 71 practice questions available for Banking and Credit. 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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All 24 chapters — NIOS Class 10 Economics Important Questions

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