HARD
10th CBSE
IMPORTANT
Earn 100

Why do you think that the share of formal sector credit is higher for the richer households compared to the poorer households?

Important Questions on Money and Credit

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.
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>EXERCISES>Q 2
How does money solve the problem of double coincidence of wants? Explain with an example of your own.
MEDIUM
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>EXERCISES>Q 3
How do banks mediate between those who have surplus money and those who need money?
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>EXERCISES>Q 4
Look at a 10 Rupee note. What is written on top? Can you explain this statement?
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>EXERCISES>Q 5
Why do we need to expand formal sources of credit in India?
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>EXERCISES>Q 6
What is the basic idea behind the SHGs for the poor? Explain in your own words.
MEDIUM
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>EXERCISES>Q 7
What are the reasons that the banks might not be willing to lend to certain borrowers?
HARD
10th CBSE
IMPORTANT
Understanding Economic Development (Social Science)>Chapter 3 - Money and Credit>EXERCISES>Q 8
In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessary?