question_answer1) In situations with high risks, credit might create further problems for the borrower. Explain.
question_answer2) How does money solve the problem of double coincidence of wants? Explain with an example of your own.
question_answer3) How do banks mediate between those who have surplus money and those who need money?
question_answer4) Look at a ten rupee note. What is written on top? Can you explain this statement?
question_answer5) Why do we need to expand formal sources of credit in India?
question_answer6) What is the basic idea behind the SHGs for the poor? Explain in your own words.
question_answer7) How money serves as a medium of exchange?
question_answer8) List some items which are kept as collateral security against loans. What happens if a borrower fails to repay the loan?
question_answer9) What does 'terms of credit' include?
question_answer10) 'Problem of lack of double coincidence of wants exists in barter exchange'. Explain.
question_answer11) Explain 'Loans from Cooperatives'.
question_answer13) Write a note on 'Formal Credit in India'.
question_answer14) What are the differences between formal and informal sources of credit?
question_answer15) Why should credit at reasonable rates be available for all?
question_answer16) The modem currency is without any use of its own as a commodity. Why is it accepted as money?
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