ICSE/ISC Std 9 Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1 Terms of credit does not include

(A) Interest rate	(B)Collateral
(C)Cheque	(D)Mode of repayment

Question-2 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-3 Which bank controls credit creation capacity of commercial bank?

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

Question-4 Which one of the following leads to land degradation, biodiversity loss and air pollution?

(A) Ozone depletion	(B)Soil erosion
(C)Deforestation	(D)Sun stroke

Question-5 Which of the following is primary consumer?

(A) Producer	(B)Carnivore
(C)Top carnivore	(D)Herbivore

Question-6 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-7 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(A) Keep reserve so that people may withdrawn	(B)Meet their routine expenses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-8 Energy,transport and communication are a type of:

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

Question-9 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-10 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

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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