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
    • January
    • 2026
    • is
    • ₹79.02
    • Date
      Particulars
      Debit
      Credit
      Balance
      15th Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      25th Jul 2025
      By Transfer
      -----
      ₹10000.00
      ₹11000.00
      27th Aug 2025
      To Cash
      ₹2500.00
      -----
      ₹8500.00
      2nd Sep 2025
      By Cash
      -----
      ₹1875.00
      ₹10375.00
      6th Oct 2025
      By Transfer
      -----
      ₹2344.00
      ₹12719.00
      14th Oct 2025
      To Self
      ₹5860.00
      -----
      ₹6859.00
      9th Nov 2025
      By Cheque
      -----
      ₹2930.00
      ₹9789.00
      21st Nov 2025
      To Self
      ₹4395.00
      -----
      ₹5394.00
      15th Dec 2025
      By Transfer
      -----
      ₹2197.00
      ₹7591.00
      5th Jan 2026
      By Clearing
      -----
      ₹3296.00
      ₹10887.00
      29th Jan 2026
      By Cheque
      -----
      ₹4944.00
      ₹15831.00
  • 2.00%
  • 4.00%
  • 1.00%
  • 0.00%
  • 3.00%
Question 2
2.
A person deposited ₹1400.00 in a bank for 23 months under a Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 8.00% per annum and interest is calculated at the end of each month.
  • ₹36076.00
  • ₹34776.00
  • ₹32976.00
  • ₹32576.00
  • ₹36376.00
Question 3
3.
In a Recurring Deposit Scheme, if principal = ₹700.00, rate of interest = 2.00% per annum and number of terms is 6 months, the maturity value =
  • ₹3984.50
  • ₹4374.50
  • ₹4064.50
  • ₹4224.50
  • ₹4504.50
Question 4
4.
A person deposits ₹1200.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 3.00% per annum and the person gets ₹36105.00 at the time of maturity, find the number of months for which the account was held.
  • 32
  • 26
  • 29
  • 24
  • 34
Question 5
5.
A person deposits in a Recurring Deposit account for 19 months. If the rate of interest is 3.00% per annum and the bank pays ₹21422.50 on maturity, find how much he deposited each month
  • ₹1020.00
  • ₹1100.00
  • ₹840.00
  • ₹1120.00
  • ₹1260.00
Question 6
6.
    • The following are the details of the savings bank account of a person.
    • Calculate the interest up to the end of
    • January
    • 2026
    • , at
    • 2
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      1st Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      11th Jul 2025
      By Clearing
      -----
      ₹3000.00
      ₹4000.00
      31st Jul 2025
      By Transfer
      -----
      ₹750.00
      ₹4750.00
      31st Aug 2025
      To Cash
      ₹1875.00
      -----
      ₹2875.00
      20th Sep 2025
      By Clearing
      -----
      ₹938.00
      ₹3813.00
      23rd Sep 2025
      To Self
      ₹703.00
      -----
      ₹3110.00
      11th Oct 2025
      By Cash
      -----
      ₹1055.00
      ₹4165.00
      31st Oct 2025
      To Cheque
      ₹791.00
      -----
      ₹3374.00
      15th Nov 2025
      To Self
      ₹594.00
      -----
      ₹2780.00
      10th Dec 2025
      To Cheque
      ₹445.00
      -----
      ₹2335.00
      4th Jan 2026
      To Cash
      ₹668.00
      -----
      ₹1667.00
  • ₹30.77
  • ₹27.77
  • ₹22.77
  • ₹24.77
  • ₹32.77
Question 7
7.
In a Recurring Deposit Scheme, if maturity value = ₹11326.50 , rate of interest = 9.00% per annum and number of terms is 12 months, the principal =
  • ₹876.00
  • ₹926.00
  • ₹913.00
  • ₹900.00
  • ₹882.00
Question 8
8.
In a Recurring Deposit Scheme, if principal = ₹800.00 , rate of interest = 2.00% per annum and maturity value ₹9704.00, the number of months =
  • 17
  • 12
  • 7
  • 15
  • 9
Question 9
9.
In a Recurring Deposit Scheme, if principal = ₹1000.00 , maturity value = ₹6035.00 and number of terms is 6 months, the rate of interest per annum =
  • 3.00%
  • 0.00%
  • 1.00%
  • 2.00%
  • 4.00%
Question 10
10.
A person deposited ₹700.00 in a bank for 17 months under a Recurring Deposit Scheme. If the person received ₹12614.00 at the time of maturity, find the rate of interest per annum.
  • 6.00%
  • 10.00%
  • 8.00%
  • 7.00%
  • 9.00%