Start learning →

Match bank earnings: 1. Spread: p. Margin 2. POS: q. Card fee 3. Fine: r. Late fee

A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Net interest spread measures the gap between lending and borrowing rates, merchant fees arise from card terminals, and penalties deter late payments.
Practise this question with Quill — ICSE Class 10 →

Keep practising Money, Banking & Inflation

Browse all Money, Banking & Inflation questions for ICSE Class 10, or explore more Economics topics.

Start a Money, Banking & Inflation lesson →