Economics [CBSE (Central Board of Secondary Education) Class-10 (Term 1 & 2 MCQ) Social-Science]: Questions 86 - 92 of 125

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Question 86

Question MCQ▾

At what proportion Banks keep their deposits as cash with themselves?

Choices

Choice (4)Response

a.

Fifteen per cent

b.

Ten per cent

c.

Twenty five per cent

d.

Twenty per cent

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Question 87

Question MCQ▾

Besides banks, the other major source of cheap credit in rural areas is the ________.

Choices

Choice (4)Response

a.

Traders

b.

Money lender

c.

Cooperatives

d.

Relatives

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Question 88

Question MCQ▾

Terms of credit includes________

Choices

Choice (4)Response

a.

Documentation requirement

b.

Collateral

c.

Interest rate,

d.

All a., b. and c. are correct

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Question 89

Question MCQ▾

Who charge a much higher interest on loans?

Choices

Choice (4)Response

a.

Formal lender

b.

Informal lender

c.

Lender

d.

Question does not provide sufficient data or is vague

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Question 90

Question MCQ▾

Among the following for which purpose the people in rural areas demand for credit?

Choices

Choice (4)Response

a.

Business

b.

Crop

c.

Trade

d.

Question does not provide sufficient data or is vague

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Question 91

Question MCQ▾

Which one of the following will not include in the cooperatives?

Choices

Choice (4)Response

a.

Weavers cooperatives,

b.

Industrial workers cooperatives

c.

Mortgage Bank

d.

Farmers cooperatives

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Question 92

Question MCQ▾

Which one of the following is generally accepted by the people in exchange of goods and services or in repayment of debts?

Choices

Choice (4)Response

a.

Gold coins

b.

Silver coins

c.

Money

d.

Question does not provide sufficient data or is vague

Edit