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SAI International School

                                                 Session- 2025-2026
                                                Home Assignment -1

                                     Subject- Economics Ch- 3- MONEY AND CREDIT

       Q                                               Question                                              Marks
       no

       1   In which country is the Grameen Bank meeting the credit needs of over 6 million poor people?      1
                   a) Bhutan
                   b) Sri Lanka
                   c)   Bangladesh
                   d)   Nepal

       2    Which one of the following is the newer way of providing loans to the rural poor,                1
            particularly women?
                a)  Cooperative Banks
                b)  Grameen Banks
                c)  Self-Help Groups
                d)  Moneylenders
       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.
            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 repaying their earlier loans.           1
            However, the money lenders charge very high rates of interest keep of 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    Which of the following is not a feature of Self-Help Groups?                                     1
              a)   It consists of 15-20 members or more.
              b)  Here members pool their savings which acts as collateral.
              c)  Loans are given at nominal rate of interest.
              d)  It is an informal source of credit.
       6    Grameen Bank of Bangladesh is one of the biggest success stories in reaching the poor to meet    1
            their credit needs at reasonable rates.  Started in the 1970s as a small project, Grameen Bank in
            October 2014 has over 8.63 million members in about 81,390 villages spread across Bangladesh.
            Almost all of the borrowers are women and belong the poorest sections of the society.  These
            borrowers have proved that not only are poor women reliable borrowers, but that they can
            start and run a variety of small income-generating activities successfully.
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