ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade X - Banking
Question 1
1.
In a Recurring Deposit Scheme, if principal = ₹700.00 , rate of interest = 5.00% per annum and maturity value ₹8627.50, the number of months =
  • 17
  • 7
  • 12
  • 15
  • 9
Question 2
2.
    • The following are the details of the savings bank account of a person.
    • Calculate the interest up to the end of
    • October
    • 2025
    • , at
    • 4
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      12th May 2025
      By Balance
      -----
      -----
      ₹1000.00
      22nd May 2025
      By Cash
      -----
      ₹2000.00
      ₹3000.00
      26th Jun 2025
      To Cheque
      ₹1000.00
      -----
      ₹2000.00
      29th Jun 2025
      To Cheque
      ₹250.00
      -----
      ₹1750.00
      16th Jul 2025
      To Cheque
      ₹375.00
      -----
      ₹1375.00
      22nd Aug 2025
      To Cash
      ₹188.00
      -----
      ₹1187.00
      28th Aug 2025
      To Cheque
      ₹94.00
      -----
      ₹1093.00
      12th Sep 2025
      By Cash
      -----
      ₹23.00
      ₹1116.00
      14th Sep 2025
      By Cash
      -----
      ₹58.00
      ₹1174.00
      14th Oct 2025
      By Transfer
      -----
      ₹87.00
      ₹1261.00
      21st Oct 2025
      To Cheque
      ₹131.00
      -----
      ₹1130.00
  • ₹21.47
  • ₹24.47
  • ₹16.47
  • ₹18.47
  • ₹26.47
Question 3
3.
A person deposits in a Recurring Deposit account for 12 months. If the rate of interest is 4.00% per annum and the bank pays ₹15938.00 on maturity, find how much he deposited each month
  • ₹1300.00
  • ₹1460.00
  • ₹1150.00
  • ₹1060.00
  • ₹1480.00
Question 4
4.
In a Recurring Deposit Scheme, if principal = ₹1000.00 , maturity value = ₹31550.00 and number of terms is 30 months, the rate of interest per annum =
  • 5.00%
  • 3.00%
  • 6.00%
  • 4.00%
  • 2.00%
Question 5
5.
A person deposits ₹1600.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 5.00% per annum and the person gets ₹31666.67 at the time of maturity, find the number of months for which the account was held.
  • 16
  • 24
  • 19
  • 14
  • 22
Question 6
6.
A person deposited ₹900.00 in a bank for 17 months under a Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 3.00% per annum and interest is calculated at the end of each month.
  • ₹14244.25
  • ₹16244.25
  • ₹15644.25
  • ₹15144.25
  • ₹16944.25
Question 7
7.
    • The following are the details of the savings bank account of a person.
    • Calculate the rate of interest, if the interest at the end of
    • November
    • 2025
    • is
    • ₹24.20
    • Date
      Particulars
      Debit
      Credit
      Balance
      11th Jun 2025
      By Balance
      -----
      -----
      ₹1000.00
      21st Jun 2025
      By Clearing
      -----
      ₹1000.00
      ₹2000.00
      2nd Jul 2025
      By Cheque
      -----
      ₹500.00
      ₹2500.00
      9th Jul 2025
      To Cash
      ₹750.00
      -----
      ₹1750.00
      14th Aug 2025
      To Cash
      ₹188.00
      -----
      ₹1562.00
      15th Sep 2025
      To Self
      ₹141.00
      -----
      ₹1421.00
      26th Sep 2025
      By Transfer
      -----
      ₹211.00
      ₹1632.00
      9th Oct 2025
      To Cash
      ₹158.00
      -----
      ₹1474.00
      6th Nov 2025
      To Cash
      ₹237.00
      -----
      ₹1237.00
      18th Nov 2025
      To Self
      ₹119.00
      -----
      ₹1118.00
      24th Nov 2025
      To Cash
      ₹59.00
      -----
      ₹1059.00
  • 6.00%
  • 5.00%
  • 4.00%
  • 2.00%
  • 3.00%
Question 8
8.
In a Recurring Deposit Scheme, if maturity value = ₹11632.75 , rate of interest = 7.00% per annum and number of terms is 6 months, the principal =
  • ₹2050.00
  • ₹1900.00
  • ₹1780.00
  • ₹2060.00
Question 9
9.
A person deposited ₹600.00 in a bank for 27 months under a Recurring Deposit Scheme. If the person received ₹17145.00 at the time of maturity, find the rate of interest per annum.
  • 4.00%
  • 3.00%
  • 5.00%
  • 6.00%
  • 7.00%
Question 10
10.
In a Recurring Deposit Scheme, if principal = ₹700.00, rate of interest = 6.00% per annum and number of terms is 6 months, the maturity value =
  • ₹4013.50
  • ₹4273.50
  • ₹4453.50
  • ₹4143.50