Economics Money and Credit

Economics Money and Credit

10th - 12th Grade

10 Qs

quiz-placeholder

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Economics Money and Credit

Economics Money and Credit

Assessment

Quiz

Social Studies

10th - 12th Grade

Practice Problem

Hard

Created by

Neelam Suhag

Used 59+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Who issues currency notes in India?

Reserve bank of India

State bank of India

Ministry Of Finance

Government Of India

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following does not constitute a part of informal credit in India?

Commercial bank

Money lenders

Friends and relatives

Zamindars

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following was not a traditional form of money?

Grains

Paper notes

Cattle

Gold coins

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which one of the following is not a limitation of the barter system?

Lack of double coincidence of wants

Certainly products can't be divided

Most often double coincidence of wants is not available

None of the above

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The number of members in a typical SHG varies between -

5 to 10

15 to 20

15 to 25

20 to 30

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

In a SHG most of the decisions regarding savings and loan activities are taken by -

Bank

Members

Cooperative

Non-government organizations

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A deposit with a bank that can be withdrawn whenever the depositor likes to do so, is termed as-

Demand deposit

A time deposit

A fixed deposit

A legimitate deposit

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