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 company issues new bonds to raise funds for expansion. Identify which of the following will be true. I. This transaction happens in the Primary Market. II. This transaction happens in the Secondary Market. III. The company is selling bonds directly to investors. IV. The company is buying back its own bonds.
- a.I and III are true
- b.II and IV are true
- c.III and IV are true
- d.I and II are true
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2.136. A Current Deposit Account is mainly used by businesses and allows unlimited transactions.
- a.True
- b.False
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3.Which of the following services offered by ATMs does NOT align with the core purpose of Automated Teller Machines?
- a.Cash withdrawals and deposits
- b.Online shopping payments
- c.Mini statement generation
- d.Balance inquiries and fund transfers
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4.False accounting is fraudulent and usually occurs when a business or employee :
- A.Deliberately records false financial information
- B.Changes, defaces or destroys records
- C.Exaggerates the business' assets or understates its liabilities
- D.All of the above
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5.132. Identify the image that represents a bank account where a depositor agrees to keep money for a fixed period in exchange for higher interest rates.
- a.Savings Account
- b.Fixed Deposit Account
- c.Recurring Deposit Account
- d.Warehouse
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