Welcome to your Class 10 Social Science (Economics) MCQs Chapter 3 - Money and Credit
INSTRUCTIONS:-
April 26, 2024
- All the questions are Compulsory.
- The total no. of questions is 20.
- You will get 15 Min to complete it. After 15 Min. it will be submitted automatically.
- After Submission, your result will be displayed.
- If you want, you can give this 'TEST AGAIN' also or go for the NEXT CHAPTER.
- In the end, do not forget to comment your score and share this test with your friends.
Full Name
1.
[Class 10th Economics Chapter - 3]
Which one of the following is a modem form of currency?
2.
[Class 10th Economics Chapter - 3]
In which country is the Grameen Bank meeting the credit needs of over 6 million poor people?
3.
[Class 10th Economics Chapter - 3]
What is the full form of RBI?
4.
[Class 10th Economics Chapter - 3]
Who issue the currency notes in India?
5.
[Class 10th Economics Chapter - 3]
Bank use the major portion of the deposits to:
6.
[Class 10th Economics Chapter - 3]
What do the banks do with the deposits which they accept from the customers?
7.
[Class 10th Economics Chapter - 3]
What percentage of their deposits is kept as cash by the banks in India?
8.
[Class 10th Economics Chapter - 3]
Which among the following banks issues currency notes on the behalf of the Central Government India?
9.
[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 _______.
10.
[Class 10th Economics Chapter - 3]
Which one of the following statements is most appropriate regarding transaction made in money?
11.
[Class 10th Economics Chapter - 3]
Which one of the following is the new way of providing loans to the poor?
12.
[Class 10th Economics Chapter - 3]
Which among the following authorities issues currency notes on behalf of the government?
13.
[Class 10th Economics Chapter - 3]
What is the main source of income of a bank?
14.
[Class 10th Economics Chapter - 3]
Which among the following options will be the cheapest source of credit in rural areas?
15.
[Class 10th Economics Chapter - 3]
Banks provide a higher rate of interest on which of the following accounts?
16.
[Class 10th Economics Chapter - 3]
Which body (Authority) supervises the functioning of formal sources of loans?
17.
[Class 10th Economics Chapter - 3]
In which of the following systems exchange of goods is done without use of money?
18.
[Class 10th Economics Chapter - 3]
Generally, how many members are there in ‘Self Help Group’?
19.
[Class 10th Economics Chapter - 3]
Why is currency accepted as a medium of exchange?
20.
[Class 10th Economics Chapter - 3]
The informal source of credit does not include which one of the following?