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MA
Question Practice

Which segment of the population benefits most from loans offered by formal sector banks?

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

Which segment of the populatio...

Single Answer MCQ
Q-00015894

Which segment of the population benefits most from loans offered by formal sector banks?

1

Large corporations

2

Small cultivators

3

Wealthy individuals

4

Informal traders

Previous QuestionNext Question
Keep Practising

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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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