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SAI INTERNATIONAL SCHOOL, BHUBANESWAR.
Class X: SOCIAL STUDIES – ECONOMICS

CHAPTER - 3- MONEY AND CREDIT (Pg. No. 50-52)
HOME ASSIGNMENT

MCQ

SR. QUESTION MARKS PAGE
NO. NO.
1 Which one of the following is the new way of providing loans to 1 51
the rural poors?
(a) Co-operative societies
(b) Traders
(c) Relatives and friends
(d) SHGs
2 A typical Self Help Group usually has 1 51
(a) 100-200 members
(b) 50-100 members
(c) less than 10 members
(d) 15-20 members
3 Banks are not present everywhere in rural India. Even when 1 50
they are present, getting a loan 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.
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 The borrowers can approach the moneylenders even without 1 50
repaying their earlier loans. However, the money lenders
charge very high rates of interest, keep o records of the
transactions and harass the poor borrowers.
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)
5 Q-In the question given below, there are two statements 1 51
marked as Assertion (A) and Reason (R). Read the