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Question-1 Infrastructure helps in

(A) Raising ability to work	(B)Raises sizes of market
(C)Raises economic development	(D)All the above

Question-2 Deposits in a bank by opening a bank account which can be withdrawn on demand are known as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 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-4 Health, education and housing are a type of:

(A) Social infrastructure	(B)Economic infrastructure
(C)Political infrastructure	(D)All the above

Question-5 Which households take more loans from the formal sector?

(A) Well off households and rich households	(B)Poor households and well off households
(C)Well off households and households with few assets	(D)Poor household and rich household

Question-6 Which bank controls credit creation capacity of commercial bank?

(A) SBI	(B)Canara Bank
(C)Post Office Saving Bank	(D)Central Bank

Question-7 The ozone layer is mainly found in:

(A) the lowest portion of Troposhere	(B)the highest position of misosphere
(C)the lowest portion of stratosphere	(D)Air

Question-8 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-9 The issue of currency is undertaken on behalf of state by the

(A) State bank of India	(B)Reserve Bank of India
(C)Canara Bank	(D)Federal Bank

Question-10 Which of the following is the primary functions of commercial bank ?

(A) Credit creation	(B)Providing loans
(C)Accepting deposits	(D)Transfer of funds

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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