Define a Cheque.

Important Questions on Money and Banking

MEDIUM

9th Jammu and Kashmir Board

IMPORTANT

Economics & Disaster Management : Class IX>Chapter 1 - Money and Banking>EXERCISES>Q 9

Define a Loan.

MEDIUM

9th Jammu and Kashmir Board

IMPORTANT

Economics & Disaster Management : Class IX>Chapter 1 - Money and Banking>EXERCISES>Q 10

Why do lenders ask for collateral while lending?

HARD

9th Jammu and Kashmir Board

IMPORTANT

Economics & Disaster Management : Class IX>Chapter 1 - Money and Banking>EXERCISES>Q 1

What are the various forms of modern money?

HARD

9th Jammu and Kashmir Board

IMPORTANT

Economics & Disaster Management : Class IX>Chapter 1 - Money and Banking>EXERCISES>Q 2

What is the procedure of opening a Savings Bank account?

HARD

9th Jammu and Kashmir Board

IMPORTANT

Economics & Disaster Management : Class IX>Chapter 1 - Money and Banking>EXERCISES>Q 3

How can you withdraw money from a Savings Bank account?

MEDIUM

9th Jammu and Kashmir Board

IMPORTANT

Economics & Disaster Management : Class IX>Chapter 1 - Money and Banking>EXERCISES>Q 4

What are the various forms of Plastic money?

HARD

9th Jammu and Kashmir Board

IMPORTANT

Economics & Disaster Management : Class IX>Chapter 1 - Money and Banking>EXERCISES>Q 5

Explain the various credit and loan activities of Banks with an example?