ICSE Class 10 Banking and E-Banking — Mock Test (2027)
Free online mock test for Banking and E-Banking (ICSE Class 10 Commercial Applications) — 10 competency-based questions based on the latest CISCE 2027 syllabus, with instant marking. Try the samples below, then take the full test free.
What to expect: This mock test covers key concepts from the Banking and E-Banking chapter — including application-based and competency-focused questions aligned with how ICSE actually sets the paper.
Tip: Attempt without notes first to identify gaps, then review explanations for any wrong answers. Retake after a few days for best retention.
Sample questions
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1.Which of the following is true for a Current Deposit Account? I. It is mostly used by businesses for daily transactions. II. It allows unlimited deposits and withdrawals. III. It earns high interest for account holders. IV. It is not available for individuals.
- a.I and II are true
- b.III and IV are true
- c.II and III are true
- d.I and IV are true
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2.What is the typical pension amount provided to retired employees?
- A.25% of the last drawn salary
- B.50% of the last drawn salary
- C.75% of the last drawn salary
- D.100% of the last drawn salary
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3.Which of the following is true for Real-Time Gross Settlement (RTGS) transactions? I. It is used for high-value transactions. II. It processes payments in real-time without batch processing. III. RTGS transactions can be reversed after processing. IV. RTGS operates only during banking hours.
- a.I and II are true
- b.III and IV are true
- c.I and III are true
- d.II and IV are true
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4.Assertion (A): Cyber fraud includes online phishing, hacking, and identity theft. Reason (R): Cyber fraud only occurs when using ATM transactions. (a) Both A and R are true, and R is the correct explanation of A. (b) Both A and R are true, but R is NOT the correct explanation of A. (c) A is true, but R is false. (d) A is false, but R is true.
- a.Both A and R are true, and R is the correct explanation of A.
- b.Both A and R are true, but R is NOT the correct explanation of A.
- c.A is true, but R is false.
- d.A is false, but R is true.
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5.Assertion (A) : The primary market facilitates the issuance of new securities. Reason (R) : The primary market helps transfer funds from savers to entrepreneurs for business expansion. (a) Both A and R are true, and R is the correct explanation of A. (b) Both A and R are true, but R is not the correct explanation of A. (c) A is true, but R is false. (d) A is false, but R is true.
- a.Both A and R are true, and R is the correct explanation of A.
- b.Both A and R are true, but R is not the correct explanation of A.
- c.A is true, but R is false.
- d.A is false, but R is true.
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