Important Questions for Class 10 Economics Chapter 3 Money and Credit मुद्रा और साख
MCQ (1 Marks)
Question 1:
Why does it become difficult for farmers in rural areas to take loans from government banks ? Read the following reasons and choose the most appropriate option :
I. Lack of collateral
II. Complicated procedure
III. Higher cost of borrowing
IV. Lack of awareness
Options :
(A) Only I, II and III are correct.
(B) Only II, III and IV are correct.
(C) Only I, II and IV are correct.
(D) Only I, III and IV are correct.
Question 2:
Which of the following groups in urban India depend on informal sources to meet their credit needs ?
(A) Poor households
(B) Households with few assets
(C) Both poor households and households with few assets
(D) Both well-off households and households with few assets
Important Questions for Class 10 Economics Chapter 3 Money and Credit मुद्रा और साख
