Money And Credit - Olympiad Level MCQ, Class 10 SST


30 Questions MCQ Test Olympiad Preparation for Class 10 | Money And Credit - Olympiad Level MCQ, Class 10 SST


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This mock test of Money And Credit - Olympiad Level MCQ, Class 10 SST for Class 10 helps you for every Class 10 entrance exam. This contains 30 Multiple Choice Questions for Class 10 Money And Credit - Olympiad Level MCQ, Class 10 SST (mcq) to study with solutions a complete question bank. The solved questions answers in this Money And Credit - Olympiad Level MCQ, Class 10 SST quiz give you a good mix of easy questions and tough questions. Class 10 students definitely take this Money And Credit - Olympiad Level MCQ, Class 10 SST exercise for a better result in the exam. You can find other Money And Credit - Olympiad Level MCQ, Class 10 SST extra questions, long questions & short questions for Class 10 on EduRev as well by searching above.
QUESTION: 1

What portion of deposits are kept bythe banks for their day to day transaction ?

[2011 (T-2)]

Solution:
QUESTION: 2

Which households take more loansfrom the formal sector ?

[2011 (T-2)]

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QUESTION: 3

Why bank deposits are known asdemand deposits ?

[2011 (T-2)]

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QUESTION: 4

Which one of the following is the mainsource of credit for the richhouseholds?

[2011 (T-2)]

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QUESTION: 5

Which among these is an essentialfeature of barter system ?

[2011 (T-2)]

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QUESTION: 6

When both parties agree to sell and buyeach others commodities it is knownas :

[2011 (T-2)]

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QUESTION: 7

Banks use the major portion of thedeposit to :

[2011 (T-2)]

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QUESTION: 8

Deposites in bank accounts withdrawnon demand are called :

[2011 (T-2)]

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QUESTION: 9

Cheap and affordable credit results inwhich one of the following ?

[2011 (T-2)]

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QUESTION: 10

Which is not the main source of creditfrom the following for ruralhouseholds in India ?

[2011 (T-2)]

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QUESTION: 11

Which one of the following is notincluded in the terms of credit?

[2011 (T-2)]

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QUESTION: 12

Which one of the following is NOT aformal source of credit?

[2011 (T-2)]

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QUESTION: 13

The functioning of the formal sourcesof credit are supervised by :

[2011 (T-2)]

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QUESTION: 14

Banks do not give loans :

[2011 (T-2)]

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QUESTION: 15

Terms of credit does not include :

[2011 (T-2)]

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QUESTION: 16

Anything which is generally accepted by the people in exchange of goods and services is called :

[2011 (T-2)]

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QUESTION: 17

Formal Sources of credit include :

[2011 (T-2)]

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QUESTION: 18

Which one of the following agencies issues currency notes on behalf of the government of India?

[2011 (T-2)]

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QUESTION: 19

Which one of the following is a majorreason that prevents the poor fromgetting loans from the banks?

[2011 (T-2)]

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QUESTION: 20

In a SHG most of the decisionsregarding loan activities are taken by

[2011 (T-2)]

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QUESTION: 21

Which one of the following constitutesmoney in modern day economy?

[2011 (T-2)]

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QUESTION: 22

Which one of the following is theimportant characteristic of modernform of currency?

[2011 (T-2)]

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QUESTION: 23

Which one of the following is NOT aninformal sector loans for poor ruralhousehold in India ?

[2011 (T-2)]

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QUESTION: 24

Which of the following is not trueregarding the in convenience of BarterExchange ?

[2011 (T-2)]

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QUESTION: 25

Which one of the following authorisesmoney as a medium of exchange?

[2011 (T-2)]

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QUESTION: 26

Which one of the following is not amodern form of money?

[2011 (T-2)]

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QUESTION: 27

Identify the formal source of credit.

[2011 (T-2)]

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QUESTION: 28

What do you mean by collateral?

[2011 (T-2)]

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QUESTION: 29

Which of the following is not anadvantage of self-help group?

[2011 (T-2)]

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QUESTION: 30

Which of the following is not a modernform of money?

Solution:

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