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Match the money and credit term

Exercise and reference answers

Matching pairs
  1. Left
    Collateral
    Right
    Asset pledged against a loan
  2. Left
    Demand deposits
    Right
    Bank money withdrawable anytime
  3. Left
    Reserve Bank
    Right
    Issues currency notes in India
  4. Left
    Self Help Group
    Right
    15 to 20 members pooling savings
  5. Left
    Terms of credit
    Right
    Interest, security, repayment rules
Instructions
Tap a term on the left, then the meaning that fits it.

Explanation

_Source: syllabus Understanding Economic Development, Ch3 'Money and Credit', pp.39-52_
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