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CBSE Class 10 Economic Development & Banking — practice questions — page 5

Explore 404 free Economic Development & Banking questions in CBSE Class 10 Social Science. Open each question or exercise to read its content, reference answers and available explanation.

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Economic Development & Banking questions and exercises with answers

Showing questions 121–150 of 404.

Cheques against demand deposits allow payment without using:Read the answer and worked solution →Banks in India hold about what share of deposits as cash?Read the answer and worked solution →An asset a borrower pledges as a guarantee to a lender is:Read the answer and worked solution →If a borrower fails to repay, the lender may sell the:Read the answer and worked solution →Interest rate, collateral and documentation together form the:Read the answer and worked solution →A borrower caught in worse condition after taking a loan falls into a:Read the answer and worked solution →Which is a formal source of credit?Read the answer and worked solution →Which is an informal lender?Read the answer and worked solution →Who supervises the functioning of formal sources of loans?Read the answer and worked solution →Who supervises the credit activities of informal lenders?Read the answer and worked solution →What share of loans to poor urban households comes from informal sources?Read the answer and worked solution →What share of rich urban households' loans is from informal sources?Read the answer and worked solution →A typical Self Help Group has how many members?Read the answer and worked solution →Self Help Groups are formed particularly among rural:Read the answer and worked solution →Interest charged by a Self Help Group is compared with that of the:Read the answer and worked solution →Banks lend to poor women in SHGs even though they have no:Read the answer and worked solution →Formal source, or informal source?Read the answer and worked solution →Match each term to its meaningRead the answer and worked solution →True or false about money and creditRead the answer and worked solution →Sort each figure by what it countsRead the answer and worked solution →Fill the gaps on money and creditRead the answer and worked solution →Order how a bank turns deposits into loansRead the answer and worked solution →Spot the one that does not fitRead the answer and worked solution →Pick the right answer, quicklyRead the answer and worked solution →A multinational corporation owns or controls production in:Read the answer and worked solution →MNCs set up production where they can get cheap labour and other:Read the answer and worked solution →Money spent on land, buildings and machines is called:Read the answer and worked solution →Investment made by MNCs is known as:Read the answer and worked solution →Foreign trade lets producers reach beyond their:Read the answer and worked solution →In the past, what was the main channel connecting distant countries?Read the answer and worked solution →

Worked practice questions

Cheques against demand deposits allow payment without using:

  1. Cash
  2. Cards
  3. Coins
  4. Cover
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Correct answer: A. Cash

1. The payment is settled directly. 2. No notes change hands. 3. It happens without the use of cash. _Source: syllabus Social Science, 'Understanding Economic Development', Ch 3 'Money and Credit'_

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Banks in India hold about what share of deposits as cash?

  1. 45 per cent
  2. 15 per cent
  3. 25 per cent
  4. 35 per cent
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Correct answer: B. 15 per cent

1. Only a small proportion is held back. 2. It pays depositors who come to withdraw. 3. The figure is about 15 per cent. _Source: syllabus Social Science, 'Understanding Economic Development', Ch 3 'Money and Credit'_

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An asset a borrower pledges as a guarantee to a lender is:

  1. Correlation
  2. Consignment
  3. Collateral
  4. Collection
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Correct answer: C. Collateral

1. Land, buildings and livestock are examples. 2. It is held until the loan is repaid. 3. It is collateral. _Source: syllabus Social Science, 'Understanding Economic Development', Ch 3 'Money and Credit'_

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