WebApr 5, 2024 · Terms of Credit include: (1) A specified rate of interest. (2) Security against the loan to recover the money if the borrower fails to repay it. This security is called collateral. (3) The assets accepted as collateral are land or property, vehicles, livestock, standing crops and bank deposits. WebDec 20, 2024 · NCERT Solutions Class 10 SST Economics Chapter 3 Money And Credit Questions with Answers 1. In situations with high risks, credit might create further problems for the borrower. Explain. Answer: In situations with high risks, credit might create further problems for the borrower.
CBSE Class 10 Social Science Syllabus - GeeksForGeeks
WebOct 1, 2024 · Social Science Class 10 Important Questions Economics Chapter 3 Money and Credit Class 10 Important Questions Question 1. The currency notes on behalf of the Central Government are issued by whom? (2011 D) Answer: Reserve Bank of India. Question 2. Why do banks ask for collateral while giving credit to a borrower? (2014 D, … inchicore variety group
Money and Credit Class 10 Notes CBSE Economics …
WebMar 16, 2024 · Chapter 3: Money and Credit. Chapter 4: Globalization and the Indian Economy. Chapter 5: Consumer Rights. ... CBSE Class 10 Economics Notes. CBSE Class 10 Social Science Syllabus: Question Paper External Assessment. Time: 3 Hours Maximum Marks: 80: Competencies: Total Marks % Weightage. Remembering and … WebClass 10 Social Science Notes: Money and Credit Class 10 Social Science Notes: Globalisation and The Indian Economy Class 10 Social Science Notes: Development Class 10 Social Science Notes: Consumer Rights Class 10 Social Science Notes: Power Sharing Class 10 Social Science Notes: Popular Struggles and Movements WebNov 23, 2024 · in 10th Class NCERT Book for Class 10 Social Science Economics Chapter 3 Money and Credit is available for reading or download on this page. Students who are in class 10th or preparing for any exam which is based on Class 10 Economics can refer to NCERT Economics Book for their preparation. inchicore school