Important Questions for Class 10 Social Science Economics 3rd Chapter Money and Credit MCQ, Very Short, Short Type, Long Type
CBSE Class 10 Important Questions for Class 10 Social Science Economics Chapter 3 Money and Credit all MCQ Type, Very Short Type, Assertion Reason Type, Case Study, Short Type and Long Type Questions with Answers by Expert. Important Questions for Section A, B, C, D Class 10 Social Science Economics Chapter 3.
Money and Credit Important Questions Class 10 Social Science
Board |
CBSE |
Class |
10 |
Subject |
Social Science (Economics) |
Chapter Name |
Money and Credit |
Topic |
Important Questions |
(FM – 3)
1) How is money used in everyday life? Explain with examples.
2) What is collateral? What happens if a borrower fails to repay the loan ? Give some examples of collateral.
3) What is meaning of Barter system? Why double coincidence of wants is is an essential feature of a Barter system?
4) How is money transferred from one bank to another bank account?
5) Explain with examples, how people are involved with the banks.
(6) —– include details regarding rate of interest, mode of repayment documents and collateral.
(7) What stands for SHG?
(8) Who issues currency in India?
(9) Who supervises the functioning of formal sources of loans?
(10) Why can one not refuse made in rupees in India?
(FM – 5)
1) What are the differences between formal and informal sectors of credit or loans ?
2) Explain three terms of credit
3) Why should credit at reasonable rates from the banks and cooperatives be available for all ?
4) What are Self-Help Groups? Describe in brief their functioning including their aim and importance.
5) “Deposits in the hanks are beneficial to the depositors as well as to nation.” Examine the statement.
(6) What formalities do the borrower have to do to get a home loan?
(7) How is the concept of self-help group important for poor people? Give your view point.
(8) Why is necessary that banks and co-operatives increase their lending in rural areas? Explain.
Here we posts some more things that would be helpful for your upcoming exams-