(English Medium) ICSE Class 10 - CISCE Question Bank Solutions

RBI is ______.

Which of the following is a Commercial Bank?

It acts as the bankers' bank.

It carries out the country's monetary policy.

______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.

Central bank is owned by the ____ while commercial bank is owned by ______.

Name the central bank of our country.

Name one development bank.

"A central bank is a bankers' bank." Explain.

"The central bank is the lender of the last resort." Explain.

What is place mix?

Distinguish between saving account and current account.

What is a commercial bank?

Explain main functions of commercial bank.

What is meant by the central bank of a country?

What are the important functions of Central bank? Which of these functions are more important in a country like India?

Describe the advantages of opening a bank account.

Define the term ‘marketing mix’.

An appropriate marketing mix is necessary to enable an enterprise to meet its goals. Elaborate.

Enumerate the elements of a price mix.