N K Chowdhry Solutions for Exercise 1: EXERCISES
N K Chowdhry Social Science Solutions for Exercise - N K Chowdhry Solutions for Exercise 1: EXERCISES
Attempt the free practice questions from Exercise 1: EXERCISES with hints and solutions to strengthen your understanding. Social Sciences for Class 10 solutions are prepared by Experienced Embibe Experts.
Questions from N K Chowdhry Solutions for Exercise 1: EXERCISES with Hints & Solutions
What forces small farmers to seek credit from informal sources even though the interest rates, in that case, are much higher?
How does the use of money make exchange goods easier?
What is currency? Why is it accepted as a medium of exchange even though it is without any use of its own?
What is a cheque? In what way are cheque transactions helpful in everyday life?
What is meant by the debt trap? Illustrate how it puts the borrower into a situation from which recovery can be very painful.
Why do lenders insist on collateral while giving loans? How does this practice affect the marginal farmers?
Examine the role of Reserve Bank in supervising the functioning of formal sources of loans.
Briefly explain the functioning of self help groups for the poor in matters regarding availability of loans.
