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Money and Credit

Authored by Yashpal Sharma

Social Studies

10th Grade

Used 4K+ times

Money and Credit
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20 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When a person wants to sell exactly what the other person wants to buy. This situation is known as

Barter System
Double coincidence of wants
Trading
None of these

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which authority regulate and overlook the credit sysetm and economic activites in India

NSSO
CBI
Finance Minister
RBI

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which one is an example of Informal Source of Credit

Banks
Cooperative Societies
Money Lender
All of these

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the form of money in medieval period?

Cowries
Paper Notes
Metallic Coins
Barter System

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Who is the founder of Grameen Bank of Bangladesh?

Mohammad Yunus
Mohammad Kasim
Mohammad Tuglaq
Mohammad Zakir

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A financial institution which accepts deposits from public and provide loans to them.

Share Market
Insurance Company
Banks
All of these

7.

MULTIPLE CHOICE QUESTION

45 sec • 5 pts

What prevents the poor from getting bank credit?

absence of collateral
documentation procedure
high rate of interest

All of these

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