MCQ Class 10 Economics Chapter 3 Money and Credit

MCQ’s For All Chapters – Economics Class 10th

1. Which source provided the highest share of rural credit in 2012?

Question 1 of 20

2. Poor households mainly borrow from

Question 2 of 20

3. Rich households mostly borrow from

Question 3 of 20

4. Debt trap occurs when

Question 4 of 20

5. The main reason poor people cannot get bank loans is

Question 5 of 20

6. Moneylenders give loans without collateral because

Question 6 of 20

7. What is the main idea behind Self Help Groups (SHGs)?

Question 7 of 20

8. A typical SHG has how many members?

Question 8 of 20

9. Who mainly benefits from SHGs?

Question 9 of 20

10. Why are banks willing to lend to SHGs?

Question 10 of 20

11. Which of the following is NOT a modern form of money?

Question 11 of 20

12. Who is authorised to issue currency in India apart from RBI?

Question 12 of 20

13. Which is a feature of demand deposits?

Question 13 of 20

14. Why can no one refuse payments made in rupees in India?

Question 14 of 20

15. Cheque is a

Question 15 of 20

16. The major portion of bank deposits is used for

Question 16 of 20

17. Why do banks charge higher interest on loans than deposits?

Question 17 of 20

18. In Salim’s case, credit helped him to

Question 18 of 20

19. In Swapna’s case, credit led to

Question 19 of 20

20. Which is an example of collateral?

Question 20 of 20


 

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