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Curriculum-aligned learning paths for students in Classes 6-12.

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

What are demand deposits?

Single Answer MCQ
Q-00045424

What are demand deposits?

1

Money deposited with conditions

2

Money available on demand

3

Foreign currency deposits

4

Long-term savings accounts

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Q1.

What is the role of credit in economic development?

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Q2.

Explain the concept of formal and informal sources of credit.

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Q3.

What is the primary function of modern money?

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Q4.

Which of the following is NOT considered modern money?

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