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Financial Market Management — CBSE Class 10 board question

Q1. [1]
Hold the fund in ______ account.
  1. (a) Bank
  2. (b) Depository
  3. (c) Demat
  4. (d) Cash
Previously asked in CBSE board exam
2023 92 Q5 (iv)
Generated by claude-sonnet-4-6 · 2026-06-15 07:07 · grounding rag
Model Answer

The correct answer is (a) Bank.

A bank holds funds in an account, just as a depository holds securities in an account.

Explanation

The source passage directly states the analogy: "Bank — Holds funds in an account." The question is based on the comparison table between a bank and a depository from Chapter 6. Remember: bank → funds; depository → securities.

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Previous-year CBSE Grade 10 board exam questions, organised by subject and chapter, each with a model answer — free to read and print.