Class X

SOCIAL SCIENCE
(ECONOMICS)
CHAPTER – MONEY AND CREDIT
ASSIGNMENT

1. Give an example to show that double coincidence of wants is necessary

in barter system.
2. Why is currency accepted as a medium of exchange?
3. What are demand deposits? What are their advantages? Why are
demand deposits considered as money?
4. Enumerate the loan functions of the banks
5. Credit can play both a positive and a negative impact in the life of a
borrower.” Explain the statement with examples.
6. What is collateral?
7. How do cooperatives function in the rural areas to solve the problem of
credit?
8. Give a brief account of terms of credit.
9. Why do we need to expand formal sources of credit in India.?
10. “Most of the poor households are still dependent on informal sources of
credit‟. Explain
11. In what ways does the Reserve Bank of India supervise the functioning
of banks? Why is this necessary?
12. Self -help groups help borrowers to overcome the problem of lack of
collateral. Explain.
13. Distinguish between formal and informal credit sources.

1/LCS/ASSIGNMENT/SOCIAL SCIENCE/X/2020-21