MEDIUM
10th CBSE
IMPORTANT
Earn 100

What role does credit play in production? Illustrate with an example.

Important Questions on Money and Credit

EASY
10th CBSE
IMPORTANT
Social Sciences for Class 10>Chapter 28 - Money and Credit>EXERCISES>Q 8

What is meant by collateral? Illustrate with a suitable example.

MEDIUM
10th CBSE
IMPORTANT
Social Sciences for Class 10>Chapter 28 - Money and Credit>EXERCISES>Q 9
List three sources of credit prevalent in rural areas.
HARD
10th CBSE
IMPORTANT
Social Sciences for Class 10>Chapter 28 - Money and Credit>EXERCISES>Q 10

How are farmers with small holdings affected by the high costs of borrowing loans?

HARD
10th CBSE
IMPORTANT
Social Sciences for Class 10>Chapter 28 - Money and Credit>EXERCISES>Q 11

Why is the share of formal sector credit higher for rich householders compared to poor householders?

HARD
10th CBSE
IMPORTANT
Social Sciences for Class 10>Chapter 28 - Money and Credit>EXERCISES>Q 12

Give reasons why we need to expand formal sources of credit in India.

MEDIUM
10th CBSE
IMPORTANT
Social Sciences for Class 10>Chapter 28 - Money and Credit>EXERCISES>Q 13
Suggest some ways by which small farmers can get loans at affordable rates of interest.
HARD
10th CBSE
IMPORTANT
Social Sciences for Class 10>Chapter 28 - Money and Credit>EXERCISES>Q 14
Why do banks charge a higher rate of interest on loans given by them as compared to the rates offered to depositors?
MEDIUM
10th CBSE
IMPORTANT
Social Sciences for Class 10>Chapter 28 - Money and Credit>EXERCISES>Q 15
What forces small farmers to seek credit from informal sources even though the interest rates, in that case, are much higher?