All Courses
Get the App Signup / Login
Sign in Open App
Class 10 Exam  >  Class 10 Notes  >  Assertion & Reason Type Questions: Money and Credit

Class 10 Economics Chapter 3 Assertion and Reason Questions - Understanding Economic Development

Q1:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: In the question given below, there are two statements marked as Assertion (A) and Reason (R). Read the Statements and choose the correct option:

Assertion (A) : Banks keeps a small proportion of their deposits as cash with themselves.Reason (R) : This is kept to meet the loan requirements of the people.

View Solution

Q2:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: In the question given below, there are two statements marked as Assertion (A) and Reason (R). Read the Statements and choose the correct option:

Assertion (A) : Banks give loans not only to profit making businesses but also to small cultivators.Reason (R) : The RBI supervises the functioning of formal sources of loans.

View Solution

Q3:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: In the question given below, there are two statements marked as Assertion (A) and Reason (R). Read the Statements and choose the correct option:

Assertion (A) : Periodically, banks have to submit information to the finance Minister on how much they are lending, to whom, at what interest rate, etc.Reason (R) : The finance Minister monitors the banks in actually maintaining cash balance.

View Solution

Q4:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Find the incorrect option:
View Solution

Q5:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Find the incorrect option:
View Solution

Q6:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Find the incorrect option:
View Solution

Q7:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Direction: Mark the option which is most suitable:

Assertion : The modern currency is used as a medium of exchange; however, it does not have a use of its own.Reason : Modem currency is easy to carry

View Solution

Q8:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Direction: Mark the option which is most suitable:

Assertion : The Reserve Bank of India supervises the functioning of formal sources of loans.Reason : The RBI sees that the banks give loans not just to profit-making businesses and traders but also to small cultivators, small scale industries, to small borrowers etc.

View Solution

Q9:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Direction: Mark the option which is most suitable:

Assertion : The terms of deposit are same for all credit arrangements.Reason : Credit arrangements are very complex process so to remove the complexities same terms of deposits are used.

View Solution

Q10:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Direction: Mark the option which is most suitable:

Assertion : Credit would be useful or not depending on the risk involved in a situation.Reason : The chance of benefiting from credit is highest in the agriculture sector.

View Solution

Q11:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Direction: Mark the option which is most suitable:

Assertion : Rohan took credit in the form of advance payment from a buyer and he delivered the goods to the buyer on time and also earned profit. The credit made Rohan better off in this situation.Reason : Credit can never push a person into a debt trap.

View Solution

Q12:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Direction: Mark the option which is most suitable:

Assertion : Banks charge a higher interest rate on loans than what they offer on deposits.Reason : The difference between what is charged from borrowers and what is paid to depositors is their main source of income.

View Solution

Q13:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Direction: Mark the option which is most suitable:

Assertion : Banks keep only a small proportion of their deposits as cash with themselves.Reason : Banks in India these days hold about 15 percent of their deposits as cash.

View Solution

Q14:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Direction: Mark the option which is most suitable:

Assertion : The facility of demand deposits makes it possible to settle payments without the use of cash.Reason : Demand deposits are paper orders which make it possible to transfer money from one person’s account to another person’s account.

View Solution

Q15:

Question for Assertion & Reason Type Questions: Money and Credit
Try yourself: Direction: Mark the option which is most suitable:

Assertion : In India, no individual can refuse to accept a payment made in rupees.Reason : Rupee is the legal tender in India.

View Solution

The document Class 10 Economics Chapter 3 Assertion and Reason Questions - Understanding Economic Development is a part of Class 10 category.
All you need of Class 10 at this link: Class 10

Top Courses for Class 10

Related Exams
About this Document
Dec 22, 2024 Last updated
Document Description: Assertion & Reason Type Questions: Money and Credit for Class 10 2024 is part of Class 10 preparation. The notes and questions for Assertion & Reason Type Questions: Money and Credit have been prepared according to the Class 10 exam syllabus. Information about Assertion & Reason Type Questions: Money and Credit covers topics like and Assertion & Reason Type Questions: Money and Credit Example, for Class 10 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Assertion & Reason Type Questions: Money and Credit.
Introduction of Assertion & Reason Type Questions: Money and Credit in English is available as part of our Class 10 preparation & Assertion & Reason Type Questions: Money and Credit in Hindi for Class 10 courses. Download more important topics, notes, lectures and mock test series for Class 10 Exam by signing up for free. Class 10: Class 10 Economics Chapter 3 Assertion and Reason Questions - Understanding Economic Development
Description
Full syllabus notes, lecture & questions for Class 10 Economics Chapter 3 Assertion and Reason Questions - Understanding Economic Development - Class 10 | Plus excerises question with solution to help you revise complete syllabus | Best notes, free PDF download
Information about Assertion & Reason Type Questions: Money and Credit
In this doc you can find the meaning of Assertion & Reason Type Questions: Money and Credit defined & explained in the simplest way possible. Besides explaining types of Assertion & Reason Type Questions: Money and Credit theory, EduRev gives you an ample number of questions to practice Assertion & Reason Type Questions: Money and Credit tests, examples and also practice Class 10 tests.
Download as PDF
Explore Courses for Class 10 exam

Top Courses for Class 10

Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Related Searches

practice quizzes

,

Previous Year Questions with Solutions

,

Important questions

,

Semester Notes

,

Exam

,

Free

,

pdf

,

past year papers

,

Class 10 Economics Chapter 3 Assertion and Reason Questions - Understanding Economic Development

,

Class 10 Economics Chapter 3 Assertion and Reason Questions - Understanding Economic Development

,

mock tests for examination

,

Sample Paper

,

Viva Questions

,

Summary

,

Objective type Questions

,

shortcuts and tricks

,

video lectures

,

Extra Questions

,

Class 10 Economics Chapter 3 Assertion and Reason Questions - Understanding Economic Development

,

MCQs

,

study material

,

ppt

;
Additional Information about Assertion & Reason Type Questions: Money and Credit for Class 10 Preparation

Assertion & Reason Type Questions: Money and Credit Free PDF Download

The Assertion & Reason Type Questions: Money and Credit is an invaluable resource that delves deep into the core of the Class 10 exam. These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective. With the help of these notes, you can grasp complex subjects quickly, revise important points easily, and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner, allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material, or toppers' notes, this PDF has got you covered. Download the Assertion & Reason Type Questions: Money and Credit now and kickstart your journey towards success in the Class 10 exam.

Importance of Assertion & Reason Type Questions: Money and Credit

The importance of Assertion & Reason Type Questions: Money and Credit cannot be overstated, especially for Class 10 aspirants. This document holds the key to success in the Class 10 exam. It offers a detailed understanding of the concept, providing invaluable insights into the topic. By knowing the concepts well in advance, students can plan their preparation effectively. Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.

Assertion & Reason Type Questions: Money and Credit Notes

Assertion & Reason Type Questions: Money and Credit Notes offer in-depth insights into the specific topic to help you master it with ease. This comprehensive document covers all aspects related to Assertion & Reason Type Questions: Money and Credit. It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation. Practice papers and question papers enable you to assess your progress effectively. Additionally, the paper analysis provides valuable tips for tackling the exam strategically. Access to Toppers' notes gives you an edge in understanding complex concepts. Whether you're a beginner or aiming for advanced proficiency, Assertion & Reason Type Questions: Money and Credit Notes on EduRev are your ultimate resource for success.

Assertion & Reason Type Questions: Money and Credit Class 10

The "Assertion & Reason Type Questions: Money and Credit Class 10 Questions" guide is a valuable resource for all aspiring students preparing for the Class 10 exam. It focuses on providing a wide range of practice questions to help students gauge their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation. The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level. Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.

Study Assertion & Reason Type Questions: Money and Credit on the App

Students of Class 10 can study Assertion & Reason Type Questions: Money and Credit alongwith tests & analysis from the EduRev app, which will help them while preparing for their exam. Apart from the Assertion & Reason Type Questions: Money and Credit, students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc. The EduRev App will make your learning easier as you can access it from anywhere you want. The content of Assertion & Reason Type Questions: Money and Credit is prepared as per the latest Class 10 syllabus.
© EduRev
Education Revolution
Signup to see your scores go up
within 7 days!
Takes less than 10 seconds to signup