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 type of deposit account offered by commercial banks is designed for individuals to encourage regular savings with a fixed monthly deposit?
- A.Savings Deposit Account
- B.Recurring Deposit Account
- C.Current Deposit Account
- D.Fixed Deposit Account
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2.Which of the following is true for a Current Deposit Account? I. It allows unlimited withdrawals and deposits. II. It is mostly used by businesses and traders. III. It offers high-interest rates to account holders. IV. It restricts transactions like a Savings Account.
- a.I and II are true
- b.III and IV are true
- c.I and IV are true
- d.II and III are true
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3.Which of the following statements correctly describes Immediate Payment Service (IMPS)? I. IMPS enables instant fund transfers 24/7. II. IMPS transactions require the recipient's IFSC code and account number. III. IMPS can be used for international transactions. IV. IMPS transactions are processed in batch mode.
- 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.Which of the following is an example of Off-the-Job Training?
- A.Job rotation
- B.Mentoring
- C.Apprenticeship
- D.Classroom training
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5.What is the significance of the Central Bank's role in providing a clearinghouse facility for banks, and how does it streamline banking operations?
- a.It facilitates loans for small businesses.
- b.It settles interbank cheque claims to reduce transaction complexity.
- c.It replaces commercial banks in customer transactions.
- d.It provides ATM services for bank customers.
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