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.A bank sent a message to its customers warning them not to share their OTP, CVV, or passwords with anyone, even if they claim to be from the bank. What is the bank trying to prevent?
- A.ATM withdrawals
- B.Cyberbullying
- C.Credit card fraud
- D.Real-Time Gross Settlement (RTGS)
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2.An employee retires, and the accumulated contributions made by the employee and employer need to be disbursed. Which benefit is applicable?
- A.Provident Fund
- B.Gratuity
- C.Pension
- D.Maternity Benefit
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3.Which institution is described as the apex financial body in a country that regulates the monetary system and oversees commercial banks?
- A.A commercial bank offering personal and business loans.
- B.A central bank, such as the Reserve Bank of India (RBI), responsible for monetary policy and economic stability.
- C.An investment bank that manages corporate mergers and acquisitions.
- D.A cooperative bank providing agricultural credit to farmers.
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4.What is the key characteristic of Real Time Gross Settlement (RTGS) in fund transfers?
- A.Transactions are processed in batches at the end of the day.
- B.Funds are transferred instantly on a real-time and individual basis.
- C.It is used exclusively for transactions below ₹2 lakh.
- D.Transactions require manual approval from the Central Bank.
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5.A company invests in government bonds. What will be the accounting treatment of this transaction?
- A.Liability side of balance sheet
- B.Asset side of balance sheet
- C.Debit side of profit and loss account
- D.Credit side of trading account
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