10th Class Social Science Money and Credit Question Bank Long Answer Type - Money and Credit

  • question_answer
    Fill in the blanks:
    (i) Majority of the credit needs of the .................... households are met from informal sources.
    (ii) .................... costs of borrowing increase the debt-burden.
    (iii) .................... issues currency notes on behalf of the Central Government.
    (iv) Banks charge a higher interest rate on loans than what they offer on ...........................
    (v) .................... is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.
     

    Answer:

    (i) Rural          
    (ii) Higher      
    (iii) RBI           
    (iv) Deposits           
    (v) Collateral
     


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