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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

Which of the following is NOT ...

Single Answer MCQ
Q-00045485

Which of the following is NOT a characteristic of formal sector loans?

1

Regulated by RBI

2

Leads to higher customer interest rates

3

Requires documentation

4

Targeted at diverse borrowers

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Explain the concept of formal and informal sources of credit.

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What is the primary function of modern money?

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Which of the following is NOT considered modern money?

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