Start learning →

ICSE Class 10 Money, Banking & Inflation — practice questions — page 3

Explore 144 free Money, Banking & Inflation questions in ICSE Class 10 Economics. Open each question or exercise to read its content, reference answers and available explanation.

Practise Money, Banking & Inflation with Quill →

Money, Banking & Inflation questions and exercises with answers

Showing questions 61–90 of 144.

What distinguishes central banks from commercial banks regarding purpose?Read the answer and worked solution →Which institution serves as the lender of last resort during a crisis?Read the answer and worked solution →Which exclusive privilege do central banks typically possess in an economy?Read the answer and worked solution →In fractional-reserve banking, what share of liabilities is held liquid?Read the answer and worked solution →When is new money created in a fractional-reserve banking system?Read the answer and worked solution →In fractional-reserve banking, what destroys existing money supply?Read the answer and worked solution →What term describes borrowing on short terms while lending for long terms?Read the answer and worked solution →What is the spread in a commercial bank's lending business model?Read the answer and worked solution →Which channel allows customers to conduct banking via a mobile phone?Read the answer and worked solution →What gross electronic system settles interbank payments in real time?Read the answer and worked solution →Which risk describes losses when borrowers fail to pay as promised?Read the answer and worked solution →Which risk involves being unable to trade an asset quickly without loss?Read the answer and worked solution →Match core accounts: 1. Current: p. Trade 2. Savings: q. Thrift 3. Fixed: r. Term sumRead the answer and worked solution →Match service outlets: 1. Branch: p. Desk 2. ATM: q. Cash box 3. Web: r. Net siteRead the answer and worked solution →Match plastic cards: 1. Debit: p. Bank sum 2. Credit: q. Loan cap 3. Prepaid: r. PreloadRead the answer and worked solution →Match lending styles: 1. Draft: p. Overdraw 2. Term: q. Fixed sum 3. Call: r. Day loanRead the answer and worked solution →Match bank forms: 1. Draft: p. Bank slip 2. Cheque: q. Pay slip 3. Mail: r. Post slipRead the answer and worked solution →Match payout paths: 1. Wire: p. Gross move 2. Cheque: q. Paper 3. POS: r. Card swipeRead the answer and worked solution →Match primary duties: 1. Save: p. Bank fund 2. Loan: q. Lend fund 3. Agency: r. Fee workRead the answer and worked solution →Match agency jobs: 1. Tax: p. State pay 2. Rent: q. House pay 3. Stock: r. Share buyRead the answer and worked solution →Match deposit plans: 1. Recur: p. Monthly 2. Demand: q. Open sum 3. Term: r. Lock sumRead the answer and worked solution →Match credit advances: 1. Pledge: p. Cash sum 2. Bill: q. Discount 3. Demand: r. Day loanRead the answer and worked solution →Match plastic kinds: 1. Smart: p. Chip data 2. Kiosk: q. ATM unit 3. Credit: r. DeferredRead the answer and worked solution →Match channel modes: 1. Cell: p. Phone app 2. Voice: q. Call desk 3. Portal: r. Web logRead the answer and worked solution →Match agency duties: 1. Will: p. Trustee 2. Policy: q. Premium 3. Div: r. Stock sumRead the answer and worked solution →Match utility roles: 1. Locker: p. Safe box 2. Forex: q. Coins 3. Tour: r. TravellerRead the answer and worked solution →Match bank earnings: 1. Spread: p. Margin 2. POS: q. Card fee 3. Fine: r. Late feeRead the answer and worked solution →Match bank classes: 1. Retail: p. Consumer 2. Firm: q. Wholesale 3. Apex: r. CentralRead the answer and worked solution →Match balance rules: 1. Vault: p. Cash sum 2. Equity: q. Net fund 3. Safety: r. SolvencyRead the answer and worked solution →Match money creation: 1. Cash in: p. Primary 2. Lending: q. Derived 3. Ratio: r. MultiplyRead the answer and worked solution →

Worked practice questions

What distinguishes central banks from commercial banks regarding purpose?

  1. Serving shareholders
  2. Paying fixed deposits
  3. Managing retail loans
  4. Earning market profits
Show answer and solution

Correct answer: D. Earning market profits

Macroeconomic and currency stability take priority for central banks over private profit.

Open this question →

Which institution serves as the lender of last resort during a crisis?

  1. Private underwriter
  2. The central bank
  3. Investment trust
  4. Merchant banking firm
Show answer and solution

Correct answer: B. The central bank

Emergency liquidity is extended by central banks acting as the lender of last resort.

Open this question →

Which exclusive privilege do central banks typically possess in an economy?

  1. Issuing official banknotes
  2. Selling corporate bonds
  3. Setting retail prices
  4. Managing sovereign equity
Show answer and solution

Correct answer: A. Issuing official banknotes

Legal tender banknotes are issued exclusively under the monopoly of the central bank.

Open this question →

How to practise

  1. Choose a Money, Banking & Inflation question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

Put it into practice

Continue with Money, Banking & Inflation practice for ICSE Class 10. Read explanations as you go. No signup form needed to start.

Practise Money, Banking & Inflation →

More Economics topics

Markets and Theory of SupplyTheory of Demand & ElasticityFactors of Production: Land, Labour, Capital & Enterprise