Smartindia Classroom
CONTENTS
English I
Economics
Computer Application
Physics
Chemistry
Biology
Mathematics
History & Civics
Geography
English II
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Question-1
Which one is required to bring in huge funds for structural development?
(A)
Public and private partnership
(B)
Public
(C)
Private
(D)
Independent
Question-2
Deposits in a bank by opening a bank account which can be withdrawn on demand are known as
(A)
Deposit
(B)
Currency
(C)
Demand deposits
(D)
Cheque
Question-3
Which of the following is the primary functions of commercial bank ?
(A)
Credit creation
(B)
Providing loans
(C)
Accepting deposits
(D)
Transfer of funds
Question-4
Health, education and housing are a type of:
(A)
Social infrastructure
(B)
Economic infrastructure
(C)
Political infrastructure
(D)
All the above
Question-5
Banks use the major portion of the deposit to
(A)
Keep reserve so that people may withdrawn
(B)
Meet their routine expenses
(C)
Extend loans
(D)
Meet renovations of the bank
Question-6
Commercial banks are also able to transfer funds of a customer to other customer’s account through
(A)
Cheques
(B)
Draft
(C)
Credit card
(D)
All the above
Question-7
Energy,transport and communication are a type of:
(A)
Social infrastructure
(B)
Economic infrastructure
(C)
Political infrastructure
(D)
All the above
Question-8
Currency is issued in India by
(A)
Commercial Banks
(B)
Regional Rural Banks
(C)
Nationalised Banks
(D)
Reserve Bank of India
Question-9
Terms of credit does not include
(A)
Interest rate
(B)
Collateral
(C)
Cheque
(D)
Mode of repayment
Question-10
Loan may be granted in the form of
(A)
Cash credit
(B)
Ordinary loans
(C)
Overdrafts
(D)
All the above
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Std 9
ICSE/ISC
Practice in Related Chapters
Consumer Awareness
Infrastructure of the Indian Economy
Basic Concepts of Economics
An Overview of Indian Economy
Globalisation
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