{
"title": "Banking, Savings, Recurring Deposits - Grade 10 ICSE",
"total_questions": 60,
"questions": [
{"id": 1, "difficulty": "easy", "question": "Money deposited in a bank account is called ______. 🏦", "options": {"A": "loan", "B": "deposit", "C": "interest", "D": "principal"}, "correct_answer": "B"},
{"id": 2, "difficulty": "easy", "question": "The extra money paid by the bank for keeping your money is called ______. 💰", "options": {"A": "deposit", "B": "principal", "C": "interest", "D": "tax"}, "correct_answer": "C"},
{"id": 3, "difficulty": "easy", "question": "The initial amount of money deposited or borrowed is called the ______. 📊", "options": {"A": "interest", "B": "amount", "C": "principal", "D": "time"}, "correct_answer": "C"},
{"id": 4, "difficulty": "easy", "question": "Simple Interest = (Principal × Rate × ______) / 100. ⏳", "options": {"A": "Amount", "B": "Interest", "C": "Time", "D": "Deposit"}, "correct_answer": "C"},
{"id": 5, "difficulty": "easy", "question": "If you deposit ₹1000 at 5% per annum for 1 year, the simple interest is ______. 🧮", "options": {"A": "₹5", "B": "₹50", "C": "₹100", "D": "₹500"}, "correct_answer": "B"},
{"id": 6, "difficulty": "easy", "question": "Amount = Principal + ______. ➕", "options": {"A": "Rate", "B": "Time", "C": "Interest", "D": "Tax"}, "correct_answer": "C"},
{"id": 7, "difficulty": "easy", "question": "In a recurring deposit, you deposit a ______ amount every month. 📅", "options": {"A": "different", "B": "fixed", "C": "large", "D": "small"}, "correct_answer": "B"},
{"id": 8, "difficulty": "easy", "question": "The time period for which money is deposited is usually measured in ______. 📆", "options": {"A": "kilograms", "B": "years", "C": "meters", "D": "liters"}, "correct_answer": "B"},
{"id": 9, "difficulty": "easy", "question": "If the interest rate is 8% per annum, for 6 months the rate used is ______. ⏲️", "options": {"A": "8%", "B": "4%", "C": "2%", "D": "1%"}, "correct_answer": "B"},
{"id": 10, "difficulty": "easy", "question": "Bank pays interest on savings accounts ______. 🔁", "options": {"A": "daily", "B": "monthly", "C": "quarterly", "D": "annually"}, "correct_answer": "D"},
{"id": 11, "difficulty": "easy", "question": "For a recurring deposit, the maturity value includes all deposits plus ______. 💵", "options": {"A": "tax", "B": "interest", "C": "fee", "D": "penalty"}, "correct_answer": "B"},
{"id": 12, "difficulty": "easy", "question": "If you withdraw money before maturity in a fixed deposit, you may pay a ______. ⚠️", "options": {"A": "bonus", "B": "penalty", "C": "interest", "D": "fee"}, "correct_answer": "B"},
{"id": 13, "difficulty": "easy", "question": "The formula for simple interest is ______. 📝", "options": {"A": "P×R×T", "B": "P×R/T", "C": "(P×R×T)/100", "D": "P/(R×T)"}, "correct_answer": "C"},
{"id": 14, "difficulty": "easy", "question": "A savings account is meant for ______ savings. 💸", "options": {"A": "long-term", "B": "short-term", "C": "no", "D": "business"}, "correct_answer": "B"},
{"id": 15, "difficulty": "easy", "question": "If Principal = ₹2000, Rate = 10%, Time = 2 years, then Simple Interest = ______. 🧮", "options": {"A": "₹200", "B": "₹400", "C": "₹600", "D": "₹800"}, "correct_answer": "B"},
{"id": 16, "difficulty": "easy", "question": "The total money returned by the bank after interest is called the ______. 💳", "options": {"A": "principal", "B": "interest", "C": "amount", "D": "rate"}, "correct_answer": "C"},
{"id": 17, "difficulty": "easy", "question": "Recurring deposits are good for people who can save ______ every month. 📅", "options": {"A": "a large sum once", "B": "a fixed amount", "C": "different amounts", "D": "no money"}, "correct_answer": "B"},
{"id": 18, "difficulty": "easy", "question": "Interest is calculated on the ______ amount in simple interest. 🔢", "options": {"A": "changing", "B": "original", "C": "final", "D": "monthly"}, "correct_answer": "B"},
{"id": 19, "difficulty": "easy", "question": "If time is 18 months, in years it is ______ years. ⏳", "options": {"A": "1", "B": "1.5", "C": "2", "D": "2.5"}, "correct_answer": "B"},
{"id": 20, "difficulty": "easy", "question": "Banks use your deposits to give ______ to others. 🤝", "options": {"A": "gifts", "B": "loans", "C": "advice", "D": "food"}, "correct_answer": "B"},
{"id": 21, "difficulty": "medium", "question": "Mr. Sharma deposits ₹500 per month in RD at 6% p.a. for 1 year. The maturity value is approximately? 🧮", "options": {"A": "₹6000", "B": "₹6180", "C": "₹6360", "D": "₹6500"}, "correct_answer": "B"},
{"id": 22, "difficulty": "medium", "question": "A sum of ₹10,000 is deposited at 8% simple interest for 3 years. The amount received is ______. 💰", "options": {"A": "₹12400", "B": "₹12480", "C": "₹12800", "D": "₹13000"}, "correct_answer": "A"},
{"id": 23, "difficulty": "medium", "question": "In a recurring deposit, if monthly installment = ₹2000, time = 2 years, rate = 7% p.a., the interest earned is about? 📈", "options": {"A": "₹1680", "B": "₹1820", "C": "₹1960", "D": "₹2100"}, "correct_answer": "B"},
{"id": 24, "difficulty": "medium", "question": "Simple interest on ₹5000 at 4% per annum for 6 months is ______. ⏲️", "options": {"A": "₹100", "B": "₹200", "C": "₹400", "D": "₹500"}, "correct_answer": "A"},
{"id": 25, "difficulty": "medium", "question": "For a recurring deposit, the total principal for interest calculation is sum of deposits at the ______ of each month. 📅", "options": {"A": "beginning", "B": "middle", "C": "end", "D": "anytime"}, "correct_answer": "C"},
{"id": 26, "difficulty": "medium", "question": "If the maturity value of an RD is ₹12360 and total deposits are ₹12000, the interest earned is ______. 💵", "options": {"A": "₹120", "B": "₹240", "C": "₹360", "D": "₹480"}, "correct_answer": "C"},
{"id": 27, "difficulty": "medium", "question": "A fixed deposit of ₹15000 at 9% p.a. for 2 years yields simple interest of ______. 🧾", "options": {"A": "₹1350", "B": "₹2700", "C": "₹4050", "D": "₹5400"}, "correct_answer": "B"},
{"id": 28, "difficulty": "medium", "question": "The formula for maturity value of RD is: MV = P×n + I, where I is ______. 📝", "options": {"A": "simple interest", "B": "principal", "C": "time", "D": "rate"}, "correct_answer": "A"},
{"id": 29, "difficulty": "medium", "question": "If you deposit ₹800 monthly for 1.5 years at 5% p.a., total deposit = ______. 💰", "options": {"A": "₹9600", "B": "₹12400", "C": "₹14400", "D": "₹16000"}, "correct_answer": "C"},
{"id": 30, "difficulty": "medium", "question": "The interest on RD is calculated on the ______ balance. ⚖️", "options": {"A": "minimum", "B": "maximum", "C": "average", "D": "final"}, "correct_answer": "A"},
{"id": 31, "difficulty": "medium", "question": "An amount becomes ₹6600 at 10% simple interest in 3 years. The principal was ______. 🔍", "options": {"A": "₹5000", "B": "₹5500", "C": "₹6000", "D": "₹6500"}, "correct_answer": "A"},
{"id": 32, "difficulty": "medium", "question": "In RD, if you miss a monthly installment, you may pay a ______. ⚠️", "options": {"A": "bonus", "B": "penalty", "C": "extra interest", "D": "fee"}, "correct_answer": "B"},
{"id": 33, "difficulty": "medium", "question": "₹2000 at 5% p.a. simple interest for 4 years earns interest = ______. 🧮", "options": {"A": "₹200", "B": "₹400", "C": "₹600", "D": "₹800"}, "correct_answer": "B"},
{"id": 34, "difficulty": "medium", "question": "For an RD of ₹1000 per month at 8% for 1 year, interest = P×n(n+1)/2 × r/(12×100). Here n = ______. 🔢", "options": {"A": "12", "B": "1", "C": "8", "D": "100"}, "correct_answer": "A"},
{"id": 35, "difficulty": "medium", "question": "A savings account with ₹5000 earns 4% interest annually. After 1 year, amount = ______. 💳", "options": {"A": "₹5200", "B": "₹5400", "C": "₹5600", "D": "₹5800"}, "correct_answer": "A"},
{"id": 36, "difficulty": "medium", "question": "If the simple interest for 2 years is ₹300 at 5% p.a., the principal is ______. 📊", "options": {"A": "₹1500", "B": "₹2000", "C": "₹2500", "D": "₹3000"}, "correct_answer": "D"},
{"id": 33, "difficulty": "medium", "question": "In RD, the first deposit earns interest for ______ months. 📅", "options": {"A": "1", "B": "12", "C": "n", "D": "n-1"}, "correct_answer": "C"},
{"id": 38, "difficulty": "medium", "question": "A person wants maturity value ₹50000 from RD in 2 years at 6% p.a. Monthly deposit ≈ ? 💰", "options": {"A": "₹2000", "B": "₹2500", "C": "₹3000", "D": "₹3500"}, "correct_answer": "A"},
{"id": 39, "difficulty": "medium", "question": "The interest on ₹4000 at 7.5% p.a. for 8 months is ______. ⏳", "options": {"A": "₹150", "B": "₹200", "C": "₹250", "D": "₹300"}, "correct_answer": "B"},
{"id": 40, "difficulty": "medium", "question": "For RD, total principal deposited = monthly installment × ______. ✖️", "options": {"A": "rate", "B": "time in months", "C": "interest", "D": "12"}, "correct_answer": "B"},
{"id": 41, "difficulty": "hard", "question": "A person deposits ₹800 per month in RD at 8% p.a. for 1.5 years. The maturity value is? 🧮", "options": {"A": "₹14400", "B": "₹15048", "C": "₹15264", "D": "₹16000"}, "correct_answer": "B"},
{"id": 42, "difficulty": "hard", "question": "Simple interest on a sum for 5 years is 2/5 of the sum. The rate percent per annum is? 📈", "options": {"A": "6%", "B": "8%", "C": "10%", "D": "12%"}, "correct_answer": "B"},
{"id": 43, "difficulty": "hard", "question": "In RD, if monthly installment = ₹1500, rate = 6% p.a., time = 10 months, interest earned = ? 💵", "options": {"A": "₹375", "B": "₹412.50", "C": "₹450", "D": "₹487.50"}, "correct_answer": "B"},
{"id": 44, "difficulty": "hard", "question": "A sum of money doubles itself in 10 years at simple interest. The rate percent is? 🔄", "options": {"A": "8%", "B": "10%", "C": "12%", "D": "15%"}, "correct_answer": "B"},
{"id": 45, "difficulty": "hard", "question": "Mr. Roy deposits ₹2000 per month in RD at 7.5% p.a. for 2 years. The interest he receives is? 📊", "options": {"A": "₹2250", "B": "₹2325", "C": "₹2400", "D": "₹2475"}, "correct_answer": "B"},
{"id": 46, "difficulty": "hard", "question": "The simple interest on ₹5600 at 6% per annum for 2 years 4 months is? ⏳", "options": {"A": "₹784", "B": "₹840", "C": "₹896", "D": "₹952"}, "correct_answer": "A"},
{"id": 47, "difficulty": "hard", "question": "A bank offers 5% compound interest but we calculate simple interest. For 2 years, the difference is small. True or false? ✅", "options": {"A": "True", "B": "False", "C": "Depends", "D": "Can't say"}, "correct_answer": "A"},
{"id": 48, "difficulty": "hard", "question": "For an RD, if n=24, r=8%, P=₹1000, interest = P×n(n+1)/(2×12) × r/100 = ? 💰", "options": {"A": "₹2000", "B": "₹2080", "C": "₹2160", "D": "₹2400"}, "correct_answer": "B"},
{"id": 49, "difficulty": "hard", "question": "A sum amounts to ₹3600 in 4 years and ₹4200 in 6 years at simple interest. The sum is? 🔍", "options": {"A": "₹2400", "B": "₹2600", "C": "₹2800", "D": "₹3000"}, "correct_answer": "A"},
{"id": 50, "difficulty": "hard", "question": "In RD, with monthly deposit ₹P, time n months, rate r% p.a., the formula for interest I =? 📝", "options": {"A": "P×n×r/100", "B": "P×n(n+1)/2 × r/(1200)", "C": "P×n×r/1200", "D": "P×(n+1)×r/2400"}, "correct_answer": "B"},
{"id": 51, "difficulty": "hard", "question": "If the simple interest on ₹X at 10% p.a. for 2 years is ₹400, then X = ? 🧮", "options": {"A": "₹1500", "B": "₹1800", "C": "₹2000", "D": "₹2500"}, "correct_answer": "C"},
{"id": 52, "difficulty": "hard", "question": "A person wants ₹80000 after 5 years. If bank RD offers 8% p.a., monthly deposit ≈ ? 💵", "options": {"A": "₹1000", "B": "₹1200", "C": "₹1400", "D": "₹1600"}, "correct_answer": "A"},
{"id": 53, "difficulty": "hard", "question": "The simple interest on a sum for 8 months at 6% p.a. is ₹120 less than on same sum for 15 months at 5% p.a. The sum is? 📊", "options": {"A": "₹6000", "B": "₹8000", "C": "₹10000", "D": "₹12000"}, "correct_answer": "B"},
{"id": 54, "difficulty": "hard", "question": "In RD, if you increase monthly deposit by ₹500, the interest increases roughly by ______ times. 🔼", "options": {"A": "same", "B": "double", "C": "triple", "D": "half"}, "correct_answer": "A"},
{"id": 55, "difficulty": "hard", "question": "A sum of ₹16000 gives ₹2000 simple interest in 2.5 years. The rate percent is? 📈", "options": {"A": "4%", "B": "5%", "C": "6%", "D": "8%"}, "correct_answer": "B"},
{"id": 56, "difficulty": "hard", "question": "For RD, total amount deposited = ₹P × n. Interest = (P×n(n+1))/(24) × r/100 for time in years? 🤔", "options": {"A": "Yes", "B": "No", "C": "Sometimes", "D": "Only for n=12"}, "correct_answer": "B"},
{"id": 57, "difficulty": "hard", "question": "A bank offers 0.5% extra interest on RD for senior citizens. If normal rate is 6%, senior gets ______%. 👴", "options": {"A": "6.5%", "B": "6.25%", "C": "6.75%", "D": "7%"}, "correct_answer": "A"},
{"id": 58, "difficulty": "hard", "question": "The simple interest on ₹4500 for 4 years is equal to the interest on ₹3000 for 6 years at same rate. The rate is? ⚖️", "options": {"A": "5%", "B": "6%", "C": "8%", "D": "10%"}, "correct_answer": "A"},
{"id": 59, "difficulty": "hard", "question": "In RD, the last deposit earns interest for ______ month(s). 📅", "options": {"A": "0", "B": "1", "C": "n", "D": "12"}, "correct_answer": "B"},
{"id": 60, "difficulty": "hard", "question": "A sum becomes ₹800 in 2 years and ₹1000 in 5 years at simple interest. The sum is? 🔄", "options": {"A": "₹600", "B": "₹650", "C": "₹700", "D": "₹750"}, "correct_answer": "C"}
]
}