Money and Credit
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MONEY and CREDITS

279814 Loans from banks and cooperatives are called:

1 Mixed loans.
2 Term loans.
3 Formal loans.
4 Informal loan. 1Mark
MONEY and CREDITS

279815 Which one of the following is the main source of credit for rich urban households in India?

1 Formal sector.
2 Informal sector.
3 Moneylenders.
4 Traders. 1Mark
MONEY and CREDITS

279816 In rural areas, the main demand for credit is for:

1 House loan.
2 Education.
3 Crop production.
4 All the above. 1Mark
MONEY and CREDITS

279839 What do you mean by collateral?

1 It is the total sum of money with a person.
2 It is the things kept in the locker.
3 It is the guarantee given by the lender to the borrower.
4 It is the security to a lender until the loan is repaid. 1Mark
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MONEY and CREDITS

279814 Loans from banks and cooperatives are called:

1 Mixed loans.
2 Term loans.
3 Formal loans.
4 Informal loan. 1Mark
MONEY and CREDITS

279815 Which one of the following is the main source of credit for rich urban households in India?

1 Formal sector.
2 Informal sector.
3 Moneylenders.
4 Traders. 1Mark
MONEY and CREDITS

279816 In rural areas, the main demand for credit is for:

1 House loan.
2 Education.
3 Crop production.
4 All the above. 1Mark
MONEY and CREDITS

279839 What do you mean by collateral?

1 It is the total sum of money with a person.
2 It is the things kept in the locker.
3 It is the guarantee given by the lender to the borrower.
4 It is the security to a lender until the loan is repaid. 1Mark
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MONEY and CREDITS

279814 Loans from banks and cooperatives are called:

1 Mixed loans.
2 Term loans.
3 Formal loans.
4 Informal loan. 1Mark
MONEY and CREDITS

279815 Which one of the following is the main source of credit for rich urban households in India?

1 Formal sector.
2 Informal sector.
3 Moneylenders.
4 Traders. 1Mark
MONEY and CREDITS

279816 In rural areas, the main demand for credit is for:

1 House loan.
2 Education.
3 Crop production.
4 All the above. 1Mark
MONEY and CREDITS

279839 What do you mean by collateral?

1 It is the total sum of money with a person.
2 It is the things kept in the locker.
3 It is the guarantee given by the lender to the borrower.
4 It is the security to a lender until the loan is repaid. 1Mark
For More Updates join with Us
NEET Test Series from KOTA - 10 Papers In MS WORD WhatsApp Here
MONEY and CREDITS

279814 Loans from banks and cooperatives are called:

1 Mixed loans.
2 Term loans.
3 Formal loans.
4 Informal loan. 1Mark
MONEY and CREDITS

279815 Which one of the following is the main source of credit for rich urban households in India?

1 Formal sector.
2 Informal sector.
3 Moneylenders.
4 Traders. 1Mark
MONEY and CREDITS

279816 In rural areas, the main demand for credit is for:

1 House loan.
2 Education.
3 Crop production.
4 All the above. 1Mark
MONEY and CREDITS

279839 What do you mean by collateral?

1 It is the total sum of money with a person.
2 It is the things kept in the locker.
3 It is the guarantee given by the lender to the borrower.
4 It is the security to a lender until the loan is repaid. 1Mark