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    MONEY AND CREDIT Day 13 2024asdfghjk

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    fivestar12042015
    This document provides a sample chapter-wise test paper for Class 10 Social Science - Economics chapter on Money and Credit. It contains 13 questions across 4 sections - Objective Type Questions (Section A), Define Type Questions (Section B), Short Type Questions (Section C), and Long Type Questions (Section D). The questions assess key concepts from the chapter like sources of credit, formal vs informal credit, role of banks, self-help groups (SHGs), and banking system income sources.

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    MONEY AND CREDIT Day 13 2024asdfghjk

    Uploaded by

    fivestar12042015
    23 views2 pages
    This document provides a sample chapter-wise test paper for Class 10 Social Science - Economics chapter on Money and Credit. It contains 13 questions across 4 sections - Objective Type Questions (Section A), Define Type Questions (Section B), Short Type Questions (Section C), and Long Type Questions (Section D). The questions assess key concepts from the chapter like sources of credit, formal vs informal credit, role of banks, self-help groups (SHGs), and banking system income sources.

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    MONEY AND CREDIT day 13 2024asdfghjk

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    This document provides a sample chapter-wise test paper for Class 10 Social Science - Economics chapter on Money and Credit. It contains 13 questions across 4 sections - Objective Type Questions (Section A), Define Type Questions (Section B), Short Type Questions (Section C), and Long Type Questions (Section D). The questions assess key concepts from the chapter like sources of credit, formal vs informal credit, role of banks, self-help groups (SHGs), and banking system income sources.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views2 pages

    MONEY AND CREDIT Day 13 2024asdfghjk

    Uploaded by

    fivestar12042015
    This document provides a sample chapter-wise test paper for Class 10 Social Science - Economics chapter on Money and Credit. It contains 13 questions across 4 sections - Objective Type Questions (Section A), Define Type Questions (Section B), Short Type Questions (Section C), and Long Type Questions (Section D). The questions assess key concepts from the chapter like sources of credit, formal vs informal credit, role of banks, self-help groups (SHGs), and banking system income sources.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    CHAPTER WISE TEST PAPER

    Made by Digraj Singh Rajput

    CLASS X
    SOCIAL SCIENCE - ECONOMICS
    CHAPTER - MONEY AND CREDIT

    Time Allowed: 1 Hours Maximum Marks: 30


    ---------------------------------------------------------------------------------------------------------------------------------------
    General Instructions:
    I. This question paper is divided into four sections-Section A, B, C and D.
    II. All questions are compulsory.
    III. Section-A: Question no. 1 to 5 are objective type questions of 1 marks each.
    IV. Section-B: Question no. 6 to 8 are defined type questions, carrying 2 marks each. Answer to each
    question should not exceed 40 words.
    V. Section-C: Question no. 9 to 11 are Short answer type questions, carrying 3 marks each. The answer to
    each question should not exceed 80 words.
    VI. Section-D: Question no. 12 and 13 are Long answer type questions, carrying 5 marks each. Answer to
    each question should not exceed 120 words.

    All the best!!


    SECTION-A
    Objective Type Questions 1X5=5

    1. Match the following:-


    (Creditor) (Sources of credit)
    (i) Small farmer (a) bank
    (ii) House loan (b) Employer
    (iii) Landless Labourer (c) Cooperatives
    (iv) Loans to members (d) Moneylender

    2. Assertion/Reason
    Assertion(A): Borrowers when borrow from informal sources, then fall into debt traps.
    Reason(R): Formal sector institution need to lend more to the borrowers in order to prevent them from falling
    into debt traps.
    Codes:
    A. Both A and R are true and R is the correct explanation of A.
    B. Both A and R are true but R is not the correct explanation of A.
    C. A is true but R is false.
    D. A is false but R is true
    3. Sandeep has surplus money, so he opens a bank account and deposits in it. Whenever he needs money, he can
    go to his bank and withdraw from there. This kind of deposit with the banks are known as
    A. Demand deposit
    B. Fixed deposit
    C. Term deposit
    D. Surplus deposit

    4. What are the examples of the modern form of money?

    5. Formal sector in India is supervised by _________.

    SECTION-B
    Define Type Questions 2X3=6

    Write a short note on:


    6. Terms of credit
    7. Double coincidence of wants
    8. A Cheque

    SECTION-C
    Short Type Questions 3X3=9

    9. ‘’Deposits with the banks are beneficial to the depositors as well as to the nation’’. Examine the statement.

    10. ‘’Whether Credit would be useful or not, it depends on the situation’’. Give two different examples in
    support of this statement.

    11. Compare and contrast the role of formal and informal source of credit?

    SECTION-D
    Long Type Questions 5 X 2 = 10

    12. What do you understand by SHGs? Explain their functioning and contribution in eradication of poverty.

    13. What is the source of income for the Banking System? Explain the whole mechanism?

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