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Fill the gaps on money and credit

Exercise and reference answers

Missing parts
  1. Answer
    wants
    Choices
    1. wants
    2. wages
    3. wares
  2. Answer
    RBI
    Choices
    1. RBI
    2. SBI
    3. RRB
  3. Answer
    15 per cent
    Choices
    1. 15 per cent
    2. 50 per cent
    3. 85 per cent
  4. Answer
    collateral
    Choices
    1. collateral
    2. collection
    3. consignment
Complete the statement
Barter needs a double coincidence of {0}. Currency in India is issued by the {1}. Banks keep about {2} of deposits as cash. A loan may need {3}.
Instructions
Tap a word to drop it into the empty slot.

Explanation

_Source: syllabus Social Science, 'Understanding Economic Development', Ch 3 'Money and Credit'_
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