279779
Farmers usually take crop loans at the beginning of the season and repay the loan after:
1 Sowing.
2 Tilling.
3 Harvesting.
4 All the above. 1Mark
Explanation:
Harvesting. After harvesting.
MONEY and CREDITS
279780
Which of the following is not an institutional credit agency?
1 Cooperative Society
2 Moneylender
3 Commercial Banks
4 Regional Rural Banks 1Mark
Explanation:
Moneylender Moneylenders are informal finance providers who are not registered under the government, as such, they fall under non-institutional credit agency. They may be rich farmers, friends or relatives from whom a person takes a loan on oral basis.
MONEY and CREDITS
279781
The difference between what is charged from borrowers and what is paid to depositors is:
1 The rate of interest.
2 Never equal.
3 The main source of income of banks.
4 None of the above. 1Mark
Explanation:
The main source of income of banks. It is the main source of income of banks.
MONEY and CREDITS
279782
In a SHG, important decisions in regard to loan and savings are taken by _____.
1 Government organization
2 Bank
3 Non-government organisation
4 Group Members 1Mark
Explanation:
Group Members In a SHG (Self Help Group) important decisions in regard to loan and savings are taken by group members. Self Help Groups issue loans at reasonable rate of interest.
MONEY and CREDITS
279783
Devaluation of currency means _____.
1 Reduction in value of currency vis-a-vis other currencies.
2 Permitting currency to seek its worth in other markets.
3 Fixing value of currency.
4 Increase in value of currency vis-a-vis other currencies. 1Mark
Explanation:
Reduction in value of currency vis-a-vis other currencies. Devaluation of currency means purposeful reduction of one's currency against the other country currency. For example : Chinese Yuan is devaluated often against US Dollar. Devaluation of currency is done by a country to have a upper hand in exports.
279779
Farmers usually take crop loans at the beginning of the season and repay the loan after:
1 Sowing.
2 Tilling.
3 Harvesting.
4 All the above. 1Mark
Explanation:
Harvesting. After harvesting.
MONEY and CREDITS
279780
Which of the following is not an institutional credit agency?
1 Cooperative Society
2 Moneylender
3 Commercial Banks
4 Regional Rural Banks 1Mark
Explanation:
Moneylender Moneylenders are informal finance providers who are not registered under the government, as such, they fall under non-institutional credit agency. They may be rich farmers, friends or relatives from whom a person takes a loan on oral basis.
MONEY and CREDITS
279781
The difference between what is charged from borrowers and what is paid to depositors is:
1 The rate of interest.
2 Never equal.
3 The main source of income of banks.
4 None of the above. 1Mark
Explanation:
The main source of income of banks. It is the main source of income of banks.
MONEY and CREDITS
279782
In a SHG, important decisions in regard to loan and savings are taken by _____.
1 Government organization
2 Bank
3 Non-government organisation
4 Group Members 1Mark
Explanation:
Group Members In a SHG (Self Help Group) important decisions in regard to loan and savings are taken by group members. Self Help Groups issue loans at reasonable rate of interest.
MONEY and CREDITS
279783
Devaluation of currency means _____.
1 Reduction in value of currency vis-a-vis other currencies.
2 Permitting currency to seek its worth in other markets.
3 Fixing value of currency.
4 Increase in value of currency vis-a-vis other currencies. 1Mark
Explanation:
Reduction in value of currency vis-a-vis other currencies. Devaluation of currency means purposeful reduction of one's currency against the other country currency. For example : Chinese Yuan is devaluated often against US Dollar. Devaluation of currency is done by a country to have a upper hand in exports.
279779
Farmers usually take crop loans at the beginning of the season and repay the loan after:
1 Sowing.
2 Tilling.
3 Harvesting.
4 All the above. 1Mark
Explanation:
Harvesting. After harvesting.
MONEY and CREDITS
279780
Which of the following is not an institutional credit agency?
1 Cooperative Society
2 Moneylender
3 Commercial Banks
4 Regional Rural Banks 1Mark
Explanation:
Moneylender Moneylenders are informal finance providers who are not registered under the government, as such, they fall under non-institutional credit agency. They may be rich farmers, friends or relatives from whom a person takes a loan on oral basis.
MONEY and CREDITS
279781
The difference between what is charged from borrowers and what is paid to depositors is:
1 The rate of interest.
2 Never equal.
3 The main source of income of banks.
4 None of the above. 1Mark
Explanation:
The main source of income of banks. It is the main source of income of banks.
MONEY and CREDITS
279782
In a SHG, important decisions in regard to loan and savings are taken by _____.
1 Government organization
2 Bank
3 Non-government organisation
4 Group Members 1Mark
Explanation:
Group Members In a SHG (Self Help Group) important decisions in regard to loan and savings are taken by group members. Self Help Groups issue loans at reasonable rate of interest.
MONEY and CREDITS
279783
Devaluation of currency means _____.
1 Reduction in value of currency vis-a-vis other currencies.
2 Permitting currency to seek its worth in other markets.
3 Fixing value of currency.
4 Increase in value of currency vis-a-vis other currencies. 1Mark
Explanation:
Reduction in value of currency vis-a-vis other currencies. Devaluation of currency means purposeful reduction of one's currency against the other country currency. For example : Chinese Yuan is devaluated often against US Dollar. Devaluation of currency is done by a country to have a upper hand in exports.
279779
Farmers usually take crop loans at the beginning of the season and repay the loan after:
1 Sowing.
2 Tilling.
3 Harvesting.
4 All the above. 1Mark
Explanation:
Harvesting. After harvesting.
MONEY and CREDITS
279780
Which of the following is not an institutional credit agency?
1 Cooperative Society
2 Moneylender
3 Commercial Banks
4 Regional Rural Banks 1Mark
Explanation:
Moneylender Moneylenders are informal finance providers who are not registered under the government, as such, they fall under non-institutional credit agency. They may be rich farmers, friends or relatives from whom a person takes a loan on oral basis.
MONEY and CREDITS
279781
The difference between what is charged from borrowers and what is paid to depositors is:
1 The rate of interest.
2 Never equal.
3 The main source of income of banks.
4 None of the above. 1Mark
Explanation:
The main source of income of banks. It is the main source of income of banks.
MONEY and CREDITS
279782
In a SHG, important decisions in regard to loan and savings are taken by _____.
1 Government organization
2 Bank
3 Non-government organisation
4 Group Members 1Mark
Explanation:
Group Members In a SHG (Self Help Group) important decisions in regard to loan and savings are taken by group members. Self Help Groups issue loans at reasonable rate of interest.
MONEY and CREDITS
279783
Devaluation of currency means _____.
1 Reduction in value of currency vis-a-vis other currencies.
2 Permitting currency to seek its worth in other markets.
3 Fixing value of currency.
4 Increase in value of currency vis-a-vis other currencies. 1Mark
Explanation:
Reduction in value of currency vis-a-vis other currencies. Devaluation of currency means purposeful reduction of one's currency against the other country currency. For example : Chinese Yuan is devaluated often against US Dollar. Devaluation of currency is done by a country to have a upper hand in exports.
279779
Farmers usually take crop loans at the beginning of the season and repay the loan after:
1 Sowing.
2 Tilling.
3 Harvesting.
4 All the above. 1Mark
Explanation:
Harvesting. After harvesting.
MONEY and CREDITS
279780
Which of the following is not an institutional credit agency?
1 Cooperative Society
2 Moneylender
3 Commercial Banks
4 Regional Rural Banks 1Mark
Explanation:
Moneylender Moneylenders are informal finance providers who are not registered under the government, as such, they fall under non-institutional credit agency. They may be rich farmers, friends or relatives from whom a person takes a loan on oral basis.
MONEY and CREDITS
279781
The difference between what is charged from borrowers and what is paid to depositors is:
1 The rate of interest.
2 Never equal.
3 The main source of income of banks.
4 None of the above. 1Mark
Explanation:
The main source of income of banks. It is the main source of income of banks.
MONEY and CREDITS
279782
In a SHG, important decisions in regard to loan and savings are taken by _____.
1 Government organization
2 Bank
3 Non-government organisation
4 Group Members 1Mark
Explanation:
Group Members In a SHG (Self Help Group) important decisions in regard to loan and savings are taken by group members. Self Help Groups issue loans at reasonable rate of interest.
MONEY and CREDITS
279783
Devaluation of currency means _____.
1 Reduction in value of currency vis-a-vis other currencies.
2 Permitting currency to seek its worth in other markets.
3 Fixing value of currency.
4 Increase in value of currency vis-a-vis other currencies. 1Mark
Explanation:
Reduction in value of currency vis-a-vis other currencies. Devaluation of currency means purposeful reduction of one's currency against the other country currency. For example : Chinese Yuan is devaluated often against US Dollar. Devaluation of currency is done by a country to have a upper hand in exports.
