List of top Banking Questions on Interest Rate asked in CBSE CLASS XII

Explain Default or Penal interest as a factor affecting market rate of interest.
Differentiate between fixed and floating rate of interest. (Any two basis)
Vishal invested ₹ 30,000 for 3 years @ 10% p.a. compounded annually. Find the total amount and interest received by Vishal.
Which item shows the biggest amount on the income side of the bank’s Profit and Loss Account?
Interest is always expressed in terms of ............... per annum.