Class 10 Social Science (Geography) MCQs Chapter 3 – money and credit

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    Welcome to your Class 10 Social Science (Economics) MCQs Chapter 3 - Money and Credit

    INSTRUCTIONS:- 

    April 22, 2025

    1. All the questions are Compulsory.
    2. The total no. of questions is 20.
    3. You will get 15 Min to complete it. After 15 Min. it will be submitted automatically.
    4. After Submission, your result will be displayed.
    5. If you want, you can give this 'TEST AGAIN' also or go for the NEXT CHAPTER.
    6. In the end, do not forget to comment your score and share this test with your friends.
    1. 
    Class 10th Economics Chapter - 3
    Banks provide a higher rate of interest on which of the following accounts?

    2. 
    Class 10th Economics Chapter - 3
    What percentage of their deposits is kept as cash by the banks in India?

    3. 
    Class 10th Economics Chapter - 3
    Generally, how many members are there in ‘Self Help Group’?

    4. 
    Class 10th Economics Chapter - 3
    The informal source of credit does not include which one of the following?

    5. 
    Class 10th Economics Chapter - 3
    Why is currency accepted as a medium of exchange?

    6. 
    Class 10th Economics Chapter - 3
    Who issue the currency notes in India?

    7. 
    Class 10th Economics Chapter - 3
    Which one of the following is a modem form of currency?

    8. 
    Class 10th Economics Chapter - 3
    What do the banks do with the deposits which they accept from the customers?

    9. 
    Class 10th Economics Chapter - 3
    Which among the following options will be the cheapest source of credit in rural areas?

    10. 
    Class 10th Economics Chapter - 3
    What is the main source of income of a bank?

    11. 
    Class 10th Economics Chapter - 3
    Bank use the major portion of the deposits to:

    12. 
    Class 10th Economics Chapter - 3
    Which one of the following is the new way of providing loans to the poor?

    13. 
    Class 10th Economics Chapter - 3
    In which country is the Grameen Bank meeting the credit needs of over 6 million poor people?

    14. 
    Class 10th Economics Chapter - 3
    An agreement in which the lender supplies the borrower with money, goods or services in return for the promise of future payment refers to _______.

    15. 
    Class 10th Economics Chapter - 3
    Which among the following authorities issues currency notes on behalf of the government?

    16. 
    Class 10th Economics Chapter - 3
    Which one of the following statements is most appropriate regarding transaction made in money?

    17. 
    Class 10th Economics Chapter - 3
    What is the full form of RBI?

    18. 
    Class 10th Economics Chapter - 3
    Which body (Authority) supervises the functioning of formal sources of loans?

    19. 
    Class 10th Economics Chapter - 3
    Which among the following banks issues currency notes on the behalf of the Central Government India?

    20. 
    Class 10th Economics Chapter - 3
    In which of the following systems exchange of goods is done without use of money?