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Money And Credit

Total questions: 11

Worksheet time: 33mins

Name
Class
Date
1.

How does the use of money make it easier to exchange things?

4 lines
2.

Who issue the currency notes in India?

4 lines
3.

For which purpose is a major portion of the deposits with the banks used?

4 lines
4.

Whose signature is found on a 10-rupee note?

4 lines
5.

Give an example of how credit pushes a person into debt-trap.

4 lines
6.

How many members does a typical SHG comprise of?

4 lines
7.

Explain any three drawbacks of the barter system.

4 lines
8.

What are the modern forms of money? Why the rupee is widely accepted as a medium of exchange?

4 lines
9.

Why are demand deposits considered as money?

4 lines
10.

Why do lenders ask for collateral while lending? Explain.

4 lines
11.

Why is there a great need to expand formal sector credit in India? Explain any three reasons.

4 lines