MCQ Class 10 Economics Chapter 3 Money and Credit

MCQ’s For All Chapters – Economics Class 10th

1. Which of these is NOT part of terms of credit?

Question 1 of 20

2. Which type of loan arrangement is riskier for poor people?

Question 2 of 20

3. Why are informal loans costly?

Question 3 of 20

4. Which section depends more on informal credit?

Question 4 of 20

5. Formal sources of credit include

Question 5 of 20

6. Informal lenders include

Question 6 of 20

7. Why should formal credit expand in India?

Question 7 of 20

8. Which group gets maximum share of formal loans?

Question 8 of 20

9. High interest loans often lead to

Question 9 of 20

10. What is the main idea behind cheap and affordable credit?

Question 10 of 20

11. Which factor prevents poor people from getting bank loans?

Question 11 of 20

12. SHGs mainly lend for

Question 12 of 20

13. What makes banks trust SHGs?

Question 13 of 20

14. Apart from loans, SHG meetings also discuss

Question 14 of 20

15. Which bank is famous for providing small loans to poor in Bangladesh?

Question 15 of 20

16. Who founded the Grameen Bank?

Question 16 of 20

17. Majority of Grameen Bank borrowers are

Question 17 of 20

18. When was demonetisation announced in India in recent times?

Question 18 of 20

19. What was promoted after demonetisation to reduce cash use?

Question 19 of 20

20. Why is credit important in economic life?

Question 20 of 20


 

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