ICSE Board Practice

Class VI Class VII Class VIII Class IX Class X
ICSE Grade X - Banking
Question 1
1.
A person deposits in a Recurring Deposit account for 10 months. If the rate of interest is 5.00% per annum and the bank pays ₹18412.50 on maturity, find how much he deposited each month
  • ₹1800.00
  • ₹1520.00
  • ₹1730.00
  • ₹1970.00
  • ₹2060.00
Question 2
2.
    • 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
    • ₹78.62
    • Date
      Particulars
      Debit
      Credit
      Balance
      13th Mar 2025
      By Balance
      -----
      -----
      ₹1000.00
      23rd Mar 2025
      By Clearing
      -----
      ₹3000.00
      ₹4000.00
      9th Apr 2025
      By Transfer
      -----
      ₹1500.00
      ₹5500.00
      2nd May 2025
      To Cash
      ₹2250.00
      -----
      ₹3250.00
      5th Jun 2025
      To Self
      ₹1125.00
      -----
      ₹2125.00
      5th Jul 2025
      By Cash
      -----
      ₹563.00
      ₹2688.00
      13th Aug 2025
      To Cheque
      ₹422.00
      -----
      ₹2266.00
      23rd Aug 2025
      To Cash
      ₹317.00
      -----
      ₹1949.00
      31st Aug 2025
      To Self
      ₹475.00
      -----
      ₹1474.00
      2nd Oct 2025
      To Cash
      ₹237.00
      -----
      ₹1237.00
      3rd Nov 2025
      To Cash
      ₹119.00
      -----
      ₹1118.00
  • 7.00%
  • 3.00%
  • 6.00%
  • 5.00%
  • 4.00%
Question 3
3.
    • The following are the details of the savings bank account of a person.
    • Calculate the interest up to the end of
    • September
    • 2025
    • , at
    • 2
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      26th Feb 2025
      By Balance
      -----
      -----
      ₹1000.00
      8th Mar 2025
      By Clearing
      -----
      ₹10000.00
      ₹11000.00
      10th Apr 2025
      By Cheque
      -----
      ₹5000.00
      ₹16000.00
      8th May 2025
      By Cash
      -----
      ₹3750.00
      ₹19750.00
      31st May 2025
      By Transfer
      -----
      ₹4688.00
      ₹24438.00
      23rd Jun 2025
      To Cash
      ₹11719.00
      -----
      ₹12719.00
      8th Jul 2025
      To Cheque
      ₹5860.00
      -----
      ₹6859.00
      13th Aug 2025
      By Cheque
      -----
      ₹1465.00
      ₹8324.00
      17th Aug 2025
      By Transfer
      -----
      ₹1831.00
      ₹10155.00
      20th Aug 2025
      To Cash
      ₹2289.00
      -----
      ₹7866.00
      4th Sep 2025
      By Transfer
      -----
      ₹3433.00
      ₹11299.00
  • ₹117.82
  • ₹124.82
  • ₹140.82
  • ₹154.82
  • ₹165.82
Question 4
4.
In a Recurring Deposit Scheme, if maturity value = ₹27855.00 , rate of interest = 4.00% per annum and number of terms is 18 months, the principal =
  • ₹1450.00
  • ₹1260.00
  • ₹1500.00
  • ₹1680.00
  • ₹1540.00
Question 5
5.
In a Recurring Deposit Scheme, if principal = ₹500.00, rate of interest = 3.00% per annum and number of terms is 12 months, the maturity value =
  • ₹6327.50
  • ₹6257.50
  • ₹6097.50
  • ₹5957.50
  • ₹5967.50
Question 6
6.
A person deposited ₹1600.00 in a bank for 30 months under a Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 10.00% per annum and interest is calculated at the end of each month.
  • ₹55400.00
  • ₹54200.00
  • ₹52700.00
  • ₹55500.00
  • ₹53000.00
Question 7
7.
A person deposited ₹1100.00 in a bank for 26 months under a Recurring Deposit Scheme. If the person received ₹29565.25 at the time of maturity, find the rate of interest per annum.
  • 2.00%
  • 3.00%
  • 4.00%
  • 1.00%
  • 5.00%
Question 8
8.
A person deposits ₹1300.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 8.00% per annum and the person gets ₹43030.00 at the time of maturity, find the number of months for which the account was held.
  • 25
  • 27
  • 35
  • 33
  • 30
Question 9
9.
In a Recurring Deposit Scheme, if principal = ₹1100.00 , maturity value = ₹6696.25 and number of terms is 6 months, the rate of interest per annum =
  • 3.00%
  • 7.00%
  • 5.00%
  • 4.00%
  • 6.00%
Question 10
10.
In a Recurring Deposit Scheme, if principal = ₹1000.00 , rate of interest = 2.00% per annum and maturity value ₹24500.00, the number of months =
  • 27
  • 24
  • 21
  • 29
  • 19