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

Explain four benefits of privatisation.

In order to encourage tourism in Goa, Government of India suggests to Indian Airlines to reduce air fare to Goa from four major cities - Chennai, Kolkata, Mumbai and New Delhi. If the Indian Airlines reduces the air fare to Goa, how will this affect the market demand curve for air travel to Goa?

What is meant by expansion of demand?

What causes a downward movement along a demand curve?

What causes an upward movement along a demand curve?

The main advantage of giving the monopoly right of note issue to the central bank is that it ______.

______ is the main function of central bank.

Identify which of the following is not the function of the central bank? 

Which of the following is not a function of a commercial bank? 

The central bank acts as ______.

Which of the following statements are true?

1. The Reserve Bank of India is the central bank of the country.
2. All currency notes (except one rupee note) bear the signature of Governor, RBI.
3. The objective of the Reserve Bank of India is to earn profit.

Identify the function of RBI as indicated by the following image.

Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Central Bank acts as a banker to the Government.

Reason (R): Except the one rupee note, all other currency notes bear the signature of Governor of RBI.

Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Reserve Bank of India creates credit.

Reason (R): Reserve Bank of India is known as a bank of note issue.

How does the central bank act as a lender as the last resort?

Give two reasons why the central banks enjoy monopoly of note issue.

Mention two ways in which the Reserve Bank of India assists the commercial banks.

How is Bank rate altered to correct a depression in an economy? 

Who normally keep their deposits in the Central Bank?

The Central Bank is the apex monetary institution of the country. Explain its role of a Banker of the Government.