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MA
Question Practice

When taking a loan, what factor is most likely considered by banks to assess repayment capability?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

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

When taking a loan, what facto...

Single Answer MCQ
Q-00015844

When taking a loan, what factor is most likely considered by banks to assess repayment capability?

1

Current savings

2

Future job prospects

3

Credit history

4

Past transactions

Previous QuestionNext Question
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What is the role of credit in economic development?

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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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