Money and Credit (10)
Money as Medium of Exchange; Forms of Money; Loan Activities of Banks
Which of the following groups in urban India depend on informal sources
Which of the following groups in urban India depend on informal sources to meet their credit needs?
Why does it become difficult for farmers in rural areas
Why does it become difficult for farmers in rural areas to take loans from government banks ? Read the following reasons and choose the most
...Why are service conditions of formal sector loans better than informal sector
Why are service conditions of formal sector loans better than informal sector ? Explain.
Cheap and affordable credit is crucial for the country’s development
"Cheap and affordable credit is crucial for the country’s development." Justify the statement.
Justify the role of Self Help Groups in the rural economy
Justify the role of Self Help Groups in the rural economy.
Which one provides assured payment
Which one of the following options provides assured payment ?
- Voucher
- Demand
How do banks play an important role in the economy of India
How do banks play an important role in the economy of India ? Explain.
Why is modern currency accepted as a medium of exchange without any use of its own
Why is modern currency accepted as a medium of exchange without any use of its own ? Find out the reason.
What is meant by double coincidence of wants
What is meant by double coincidence of wants?
Explain any three loan activities of banks in India
Explain any three loan activities of banks in India.
How does the use of money make it easier to exchange things
How does the use of money make it easier to exchange things ? Give an example.
Why is cheap and affordable credit important for the country's development
Why is cheap and affordable credit important for the country’s development ? Explain any three reasons.
Give any two examples of informal sector of credit
Give any two examples of informal sector of credit.
Why is it necessary to increase a large number of banks mainly in rural areas
Why is it necessary to increase a large number of banks mainly in rural areas ? Explain.
Give one example each of modern currency and older currency
Give one example each of modern currency and older currency.