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CHAPTER 3 MONEY AND CREDIT (SET-2)

CHAPTER 3 MONEY AND CREDIT (SET-2)

Quiz Description

Solve CBSE Class 10 Economics Chapter 3 “Money and Credit” Multiple Choice Questions (MCQs) and get instant Results. This Quiz set is based on NCERT Social Science (SST) Economics Class 10 book “Understanding Economic Development”. This Quiz set is based on NCERT Social Science (SST) Civics Class 8 book “Social and Political Life”. This NCERT based Chapter specific important Objective Questions with Solutions will help students to understand every concept thoroughly and ultimately build the foundation to score good marks in Board Exams. Questions are designed by the Subject Experts as per the latest syllabus and exam pattern. This Online Practice Set Questions with Solutions will help students test their learning and quickly revise the chapter. Practice sets are available in Easy, Medium, and Hard difficulty levels.

Questions in this test

  1. In which situation a person is caught in the vicious cycle of debts is called?
  2. An asset that the borrower owns $(such as land, building, which, deposits with banks)$ and use this as a guarantee to a lender until the loan is repaid?
  3. How can we define cooperative societies?
  4. Who supervises the functioning of formal sources of loans?
  5. In which sector of credit in India is under the supervision of RBI
  6. Landlords are comes under which sector of credit.
  7. Which sector has the capicity to provides more credit?
  8. How many members constituted a self-help group?
  9. What is the reason behind most people prefer to take loans from a bank?
  10. A bank gives loan to people on a condition which are known as-

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