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At Edzy, we make online learning effortless and fun, aligning with the CBSE & NCERT curriculum across all classes, including Class 10. Edzy transforms difficult concepts into engaging, gamified, bite-sized lessons designed for deep understanding and long-term retention.

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CBSE
Class 10
Social Science
Understanding Economic Develop...
MONEY AND CREDIT
Question Bank

What is the role of credit in ...

Single Answer MCQ
Q-00002710

What is the role of credit in economic development?

1

Increases savings

2

Reduces investments

3

Facilitates borrowing

4

Decreases income

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Chapters related to "Class X"

DEVELOPMENT

DEVELOPMENT

Development explores the concept of progress and improvement in various sectors, emphasizing sustainable and inclusive growth for societal well-being.

SECTORS OF THE INDIAN ECONOMY

SECTORS OF THE INDIAN ECONOMY

Explore the three sectors of the Indian economy - Primary, Secondary, and Tertiary, understanding their roles, challenges, and contributions to national development.

GLOBALISATION AND THE INDIAN ECONOMY

GLOBALISATION AND THE INDIAN ECONOMY

This chapter explores the impact of globalisation on the Indian economy, including trade, investment, and the integration of markets worldwide.

CONSUMER RIGHTS

CONSUMER RIGHTS

This chapter educates students about the rights and responsibilities of consumers, the importance of consumer awareness, and the mechanisms for consumer protection in India.

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Explain the concept of formal and informal sources of credit.

Single Answer MCQ

MONEY AND CREDIT Summary, Important Questions & Solutions | All Subjects

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