Money & Credit Part 1

Money & Credit Part 1

10th Grade - Professional Development

22 Qs

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Money & Credit Part 1

Money & Credit Part 1

Assessment

Quiz

Social Studies

10th Grade - Professional Development

Practice Problem

Medium

Created by

Himanshu S

Used 53+ times

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What portion of deposits are kept by the banks for their day to day transaction?

0.1
0.15
0.2
0.25

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Banks in India these days hold about ………. of their deposits as cash. This is kept as a provision to pay the depositors who might come to withdraw money from the bank

0.2
0.25
0.3
0.15

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the information given on formal and informal loans how much of a loan is taken by the rich household from informal sources?

0.4
0.05
0.1
0.2

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the information given on formal and informal loans how much of the loan is taken by the poor household from informal sources?

0.6
0.75
0.85
0.7

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Grameen Bank of Bangladesh is one of the biggest success stories,  in 2018 it had over _____ million members in about 81,600 villages

8
10
7
9

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Regional Rural Banks were set up in ________

1969
1979
1989
1999

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the double coincidence of wants?

 both parties have to agree to sell and buy each other’s commodities
Exchanging commodity for commodity
Credit on commodity
Loan on commodity till sold further

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