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Sl No. SAI INTERNATIONAL SCHOOL Marks
SESSION – 2020-21
CLASS- X
SUB- SOCIAL SCIENCE
Worksheet – No.- 1 (Economics)
Sub Topic-4-6
1 Fill in the blanks choosing the correct option from the brackets. While taking a loan, 1
borrowers look for easy terms of credit. This means low interest rate easy conditions for
repayment, less collateral and documentation requirement. (A)

2 Q. Banks come under the ____ sector of credit. (E) 1
(a) Formal
(b) Informal
(c) Secondary
(d) Primary
3 Banks are not present everywhere in rural India. Even when they are present, getting a loan 1
from a bank is much more difficult than taking a loan from informal sources. Bank loans
require proper documents and collateral. Absence of collateral is one of the major reasons
which prevents the poor from getting bank loans. (A)
Analyze the above mentioned information and select the correct option.
(a) Terms and conditions of banks
(b) Formal sector loans
(c) Informal sector loans
(d) both (b) and (c)

4 In the question given below, there are two statements marked as Assertion (A) and 1
Reason (R). Read the statements and chose the correct option: (HOTS)
Assertion (A): Banks are not present everywhere in rural India. Even when they are present,
getting a loan from a bank is much more difficult than taking a loan from informal sources.
Reason (R): In recent years, people have tried out some newer ways of providing loans to
the poor. The idea is to organize rural poor, in particular women, into small Self Help
Groups and pool their saving.
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 the correct explanation of A.
C. A is correct but R is wrong.
D. A is wrong but R is correct.