279863
Which of the following is the main informal source of credit for rural households in India?
1 Friends.
2 Relatives.
3 Landlords.
4 Money lenders. 1Mark
Explanation:
Money lenders.
MONEY and CREDITS
279864
What do people belonging to poor households lack?
1 Proper document.
2 Collateral.
3 Certificate of earning.
4 All of these. 1Mark
Explanation:
All of these.
MONEY and CREDITS
279868
Which one of the following is the important characteristic of modern form of currency?
1 It is made from precious metal.
2 It is made from thing of everyday use.
3 It is authorised by the commercial banks.
4 It is authorised by the Government of the country. 1Mark
Explanation:
It is authorised by the Government of the country.
MONEY and CREDITS
279721
Assertion (A): Banks charge a higher interest rate on loans than what they offer on deposits. Reason (R): The difference between what is charged from borrowers and what is paid to depositors is their main source of income.
1 Both assertion and reason are true, and reason is the correct explanation of assertion.
2 Both assertion and reason are true, but reason is not the correct explanation of assertion.
3 Assertion is true, but reason is false.
4 Both assertion and reason are false. 1Mark
Explanation:
Both assertion and reason are true, and reason is the correct explanation of assertion.
MONEY and CREDITS
279722
If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the __________.
1 Loan applications received and disposal register.
2 Opinion reports
3 Loan rejection register
4 None of the above 1Mark
Explanation:
Loan applications received and disposal register. If the credit facility applied for in a bank is rejected due to any reason, then it is the responsibility of the respective bank to state the reasons briefly on the loan application received by the bank from the account holder and on the disposal register thereafter.
279863
Which of the following is the main informal source of credit for rural households in India?
1 Friends.
2 Relatives.
3 Landlords.
4 Money lenders. 1Mark
Explanation:
Money lenders.
MONEY and CREDITS
279864
What do people belonging to poor households lack?
1 Proper document.
2 Collateral.
3 Certificate of earning.
4 All of these. 1Mark
Explanation:
All of these.
MONEY and CREDITS
279868
Which one of the following is the important characteristic of modern form of currency?
1 It is made from precious metal.
2 It is made from thing of everyday use.
3 It is authorised by the commercial banks.
4 It is authorised by the Government of the country. 1Mark
Explanation:
It is authorised by the Government of the country.
MONEY and CREDITS
279721
Assertion (A): Banks charge a higher interest rate on loans than what they offer on deposits. Reason (R): The difference between what is charged from borrowers and what is paid to depositors is their main source of income.
1 Both assertion and reason are true, and reason is the correct explanation of assertion.
2 Both assertion and reason are true, but reason is not the correct explanation of assertion.
3 Assertion is true, but reason is false.
4 Both assertion and reason are false. 1Mark
Explanation:
Both assertion and reason are true, and reason is the correct explanation of assertion.
MONEY and CREDITS
279722
If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the __________.
1 Loan applications received and disposal register.
2 Opinion reports
3 Loan rejection register
4 None of the above 1Mark
Explanation:
Loan applications received and disposal register. If the credit facility applied for in a bank is rejected due to any reason, then it is the responsibility of the respective bank to state the reasons briefly on the loan application received by the bank from the account holder and on the disposal register thereafter.
NEET Test Series from KOTA - 10 Papers In MS WORD
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MONEY and CREDITS
279863
Which of the following is the main informal source of credit for rural households in India?
1 Friends.
2 Relatives.
3 Landlords.
4 Money lenders. 1Mark
Explanation:
Money lenders.
MONEY and CREDITS
279864
What do people belonging to poor households lack?
1 Proper document.
2 Collateral.
3 Certificate of earning.
4 All of these. 1Mark
Explanation:
All of these.
MONEY and CREDITS
279868
Which one of the following is the important characteristic of modern form of currency?
1 It is made from precious metal.
2 It is made from thing of everyday use.
3 It is authorised by the commercial banks.
4 It is authorised by the Government of the country. 1Mark
Explanation:
It is authorised by the Government of the country.
MONEY and CREDITS
279721
Assertion (A): Banks charge a higher interest rate on loans than what they offer on deposits. Reason (R): The difference between what is charged from borrowers and what is paid to depositors is their main source of income.
1 Both assertion and reason are true, and reason is the correct explanation of assertion.
2 Both assertion and reason are true, but reason is not the correct explanation of assertion.
3 Assertion is true, but reason is false.
4 Both assertion and reason are false. 1Mark
Explanation:
Both assertion and reason are true, and reason is the correct explanation of assertion.
MONEY and CREDITS
279722
If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the __________.
1 Loan applications received and disposal register.
2 Opinion reports
3 Loan rejection register
4 None of the above 1Mark
Explanation:
Loan applications received and disposal register. If the credit facility applied for in a bank is rejected due to any reason, then it is the responsibility of the respective bank to state the reasons briefly on the loan application received by the bank from the account holder and on the disposal register thereafter.
279863
Which of the following is the main informal source of credit for rural households in India?
1 Friends.
2 Relatives.
3 Landlords.
4 Money lenders. 1Mark
Explanation:
Money lenders.
MONEY and CREDITS
279864
What do people belonging to poor households lack?
1 Proper document.
2 Collateral.
3 Certificate of earning.
4 All of these. 1Mark
Explanation:
All of these.
MONEY and CREDITS
279868
Which one of the following is the important characteristic of modern form of currency?
1 It is made from precious metal.
2 It is made from thing of everyday use.
3 It is authorised by the commercial banks.
4 It is authorised by the Government of the country. 1Mark
Explanation:
It is authorised by the Government of the country.
MONEY and CREDITS
279721
Assertion (A): Banks charge a higher interest rate on loans than what they offer on deposits. Reason (R): The difference between what is charged from borrowers and what is paid to depositors is their main source of income.
1 Both assertion and reason are true, and reason is the correct explanation of assertion.
2 Both assertion and reason are true, but reason is not the correct explanation of assertion.
3 Assertion is true, but reason is false.
4 Both assertion and reason are false. 1Mark
Explanation:
Both assertion and reason are true, and reason is the correct explanation of assertion.
MONEY and CREDITS
279722
If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the __________.
1 Loan applications received and disposal register.
2 Opinion reports
3 Loan rejection register
4 None of the above 1Mark
Explanation:
Loan applications received and disposal register. If the credit facility applied for in a bank is rejected due to any reason, then it is the responsibility of the respective bank to state the reasons briefly on the loan application received by the bank from the account holder and on the disposal register thereafter.
279863
Which of the following is the main informal source of credit for rural households in India?
1 Friends.
2 Relatives.
3 Landlords.
4 Money lenders. 1Mark
Explanation:
Money lenders.
MONEY and CREDITS
279864
What do people belonging to poor households lack?
1 Proper document.
2 Collateral.
3 Certificate of earning.
4 All of these. 1Mark
Explanation:
All of these.
MONEY and CREDITS
279868
Which one of the following is the important characteristic of modern form of currency?
1 It is made from precious metal.
2 It is made from thing of everyday use.
3 It is authorised by the commercial banks.
4 It is authorised by the Government of the country. 1Mark
Explanation:
It is authorised by the Government of the country.
MONEY and CREDITS
279721
Assertion (A): Banks charge a higher interest rate on loans than what they offer on deposits. Reason (R): The difference between what is charged from borrowers and what is paid to depositors is their main source of income.
1 Both assertion and reason are true, and reason is the correct explanation of assertion.
2 Both assertion and reason are true, but reason is not the correct explanation of assertion.
3 Assertion is true, but reason is false.
4 Both assertion and reason are false. 1Mark
Explanation:
Both assertion and reason are true, and reason is the correct explanation of assertion.
MONEY and CREDITS
279722
If credit facility applied for is rejected, the reasons therefore should be briefly mentioned in the __________.
1 Loan applications received and disposal register.
2 Opinion reports
3 Loan rejection register
4 None of the above 1Mark
Explanation:
Loan applications received and disposal register. If the credit facility applied for in a bank is rejected due to any reason, then it is the responsibility of the respective bank to state the reasons briefly on the loan application received by the bank from the account holder and on the disposal register thereafter.