ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade X - Banking
Question 1
1.
    • 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
    • April
    • 2025
    • is
    • ₹15.37
    • Date
      Particulars
      Debit
      Credit
      Balance
      1st Dec 2024
      By Balance
      -----
      -----
      ₹1000.00
      11th Dec 2024
      By Cheque
      -----
      ₹8000.00
      ₹9000.00
      21st Dec 2024
      To Cash
      ₹4000.00
      -----
      ₹5000.00
      24th Dec 2024
      To Self
      ₹2000.00
      -----
      ₹3000.00
      27th Jan 2025
      To Cash
      ₹500.00
      -----
      ₹2500.00
      9th Feb 2025
      By Clearing
      -----
      ₹750.00
      ₹3250.00
      12th Feb 2025
      To Cash
      ₹1125.00
      -----
      ₹2125.00
      23rd Feb 2025
      By Transfer
      -----
      ₹281.00
      ₹2406.00
      26th Feb 2025
      To Cash
      ₹703.00
      -----
      ₹1703.00
      31st Mar 2025
      By Cash
      -----
      ₹176.00
      ₹1879.00
      2nd Apr 2025
      By Cheque
      -----
      ₹440.00
      ₹2319.00
  • 4.00%
  • 3.00%
  • 0.00%
  • 1.00%
  • 2.00%
Question 2
2.
A person deposits in a Recurring Deposit account for 18 months. If the rate of interest is 5.00% per annum and the bank pays ₹14970.00 on maturity, find how much he deposited each month
  • ₹785.00
  • ₹800.00
  • ₹817.00
  • ₹802.00
  • ₹773.00
Question 3
3.
In a Recurring Deposit Scheme, if maturity value = ₹19387.50 , rate of interest = 5.00% per annum and number of terms is 36 months, the principal =
  • ₹512.00
  • ₹500.00
  • ₹524.00
  • ₹486.00
  • ₹493.00
Question 4
4.
A person deposits ₹1700.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 7.00% per annum and the person gets ₹51626.17 at the time of maturity, find the number of months for which the account was held.
  • 23
  • 31
  • 25
  • 33
  • 28
Question 5
5.
In a Recurring Deposit Scheme, if principal = ₹1900.00, rate of interest = 5.00% per annum and number of terms is 24 months, the maturity value =
  • ₹48475.00
  • ₹45775.00
  • ₹47675.00
  • ₹47975.00
  • ₹50575.00
Question 6
6.
In a Recurring Deposit Scheme, if principal = ₹1900.00 , rate of interest = 9.00% per annum and maturity value ₹77890.50, the number of months =
  • 41
  • 39
  • 31
  • 36
  • 33
Question 7
7.
A person deposited ₹1900.00 in a bank for 14 months under a Recurring Deposit Scheme. If the person received ₹27431.25 at the time of maturity, find the rate of interest per annum.
  • 7.00%
  • 5.00%
  • 6.00%
  • 3.00%
  • 4.00%
Question 8
8.
In a Recurring Deposit Scheme, if principal = ₹1100.00 , maturity value = ₹6657.75 and number of terms is 6 months, the rate of interest per annum =
  • 2.00%
  • 5.00%
  • 1.00%
  • 4.00%
  • 3.00%
Question 9
9.
A person deposited ₹1400.00 in a bank for 25 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.
  • ₹35837.50
  • ₹36137.50
  • ₹37937.50
  • ₹34637.50
Question 10
10.
    • The following are the details of the savings bank account of a person.
    • Calculate the interest up to the end of
    • May
    • 2025
    • , at
    • 3
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      5th Nov 2024
      By Balance
      -----
      -----
      ₹1000.00
      15th Nov 2024
      By Cheque
      -----
      ₹2000.00
      ₹3000.00
      7th Dec 2024
      By Clearing
      -----
      ₹500.00
      ₹3500.00
      26th Dec 2024
      By Cash
      -----
      ₹1250.00
      ₹4750.00
      29th Dec 2024
      To Cheque
      ₹938.00
      -----
      ₹3812.00
      2nd Jan 2025
      By Cheque
      -----
      ₹1406.00
      ₹5218.00
      1st Feb 2025
      By Transfer
      -----
      ₹2109.00
      ₹7327.00
      3rd Mar 2025
      By Clearing
      -----
      ₹3164.00
      ₹10491.00
      12th Apr 2025
      By Clearing
      -----
      ₹2373.00
      ₹12864.00
      25th Apr 2025
      To Cash
      ₹2966.00
      -----
      ₹9898.00
      2nd May 2025
      To Cheque
      ₹4449.00
      -----
      ₹5449.00
  • ₹85.22
  • ₹133.22
  • ₹124.22
  • ₹107.22
  • ₹94.22