HARD
10th CBSE
IMPORTANT
Earn 100

Why are demand deposits considered as money?

Important Questions on Money and Credit

MEDIUM
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>LET’S WORK THESE OUT>Q 3
What do you think would happen if all the depositors went to ask for their money at the same time?
MEDIUM
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>LET’S WORK THESE OUT>Q 1
Why do lenders ask for collateral while lending?
MEDIUM
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>LET’S WORK THESE OUT>Q 2
Given that a large number of people in our country are poor, does it in any way affect their capacity to borrow.
MEDIUM
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>LET’S WORK THESE OUT>Q 1
What are the differences between formal and informal sources of credit?
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>LET’S WORK THESE OUT>Q 2
Why should credit at reasonable rates be available for all?
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>LET’S WORK THESE OUT>Q 3
Should there be a supervisor, such as the Reserve Bank of India, that looks into the loan activities of informal lenders? Why would its task be quite difficult?
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>LET’S WORK THESE OUT>Q 4
Why do you think that the share of formal sector credit is higher for the richer households compared to the poorer households?
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>EXERCISES>Q 1
In situations with high risks, credit might create further problems for the borrower. Explain.