question_answer1) Give an example to show that double coincidence of wants is necessary in a barter system.
question_answer2) How is modem form of currency accepted as a medium of exchange?
question_answer3) What are 'demand deposits'?
question_answer4) How are demand deposits accepted as a means of payment?
question_answer5) In what ways does the Reserve Bank of India supervise the functioning of banks?
question_answer6) What are the reasons why the banks might not be willing to lend to certain borrowers?
question_answer7) Analyse the role of credit for development.
question_answer8) State three disadvantages of the barter system.
question_answer9) Why are terms of credit required for a loan or credit?
question_answer10) Why does the formal or informal sector ask for a collateral?
question_answer11) How are cooperatives functioning in the rural areas to solve the problem of credit?
question_answer12) Identify transactions involving money in our day-to-day life.
question_answer13) Why are transactions made in money?
question_answer14) How does the use of money make it easier to exchange things?
question_answer15) Which objects were used as money?
question_answer16) How do farmers get into debt trap?
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