MCQ Questions | Class 10 Social Science Economics Chapter 3 | Money and Credit with Answers

MCQ Questions for Class10 Social Science Chapter 3 Money and Credit

MCQ | Class 10 Social Science Economics Chapter 3 | Money and Credit Set C

Check the below NCERT MCQ Questions for Class 10 Social Science Economics Chapter 3 Money and Credit with Answers Pdf free download. MCQ Questions for Class 10 Social Science with Answers were prepared based on the latest exam pattern. We have Provided Money and Credit Class 10 Social Science MCQs Questions with Answers to help students understand the concept very well.

Objective Question | Social Science Class 10 Chapter 3

NCERT Solutions Class 10 Social Science Economics
Book:	National Council of Educational Research and Training (NCERT)
Board:	Central Board of Secondary Education (CBSE)
Class:	10th
Subject:	Social Science \| Economics \| Understanding Economic Development
Chapter:	3
Chapters Name:	Money and Credit
Medium:	English

Class 10 Social Science Chapter 3 | Objective Type Questions

You can refer to NCERT Solutions for Class 10 Social Science Chapter 3 Money and Credit to revise the concepts in the syllabus effectively and improve your chances of securing high marks in your board exams.

Q1.	Which of the following is not a modern form of money?
	A.Paper notes
	B.Demand deposits
	C.Silver coins
	D.None of the above

Q2.	Formal sources of credit include
	A.banks
	B.moneylenders
	C.employers
	D.all the above

Q3.	Rate of interest charged by moneylenders as compared to that charged by banks is:
	A.lower
	B.same
	C.slightly higher
	D.much higher

Q4.	Which state accounts for maximum percentage of SHGs (self-help groups) in bank credit?
	A.Andhra Pradesh
	B.Tamil Nadu
	C.Kerala
	D.Karnataka

Q5.	Who supervises the credit activities of lenders in the informal sector?
	A.Central Bank of India
	B.Commercial banks
	C.Moneylenders
	D.None

Q6.	A typical Self Help Group usually has
	A. 100-200 members
	B. 50-100 members
	C. less than 10 members
	D. 15-20 members

Q7.	At present which form of money is increasingly used apart from paper money?
	A.Commodity money
	B.Metallic money
	C.Plastic money
	D.All the above

Q8.	Currency is issued in India by :
	A.commercial banks
	B.regional rural banks
	C.nationalised banks
	D.Reserve Bank of India

Q9.	The part of the total deposits which a bank keeps with itself in cash is
	A.zero
	B.a small proportion
	C.a big proportion
	D.100 percent

Q10.	System of exchanging goods for goods is called:
	A.monetary system
	B.credit system
	C.barter system
	D.exchange system

Q11.	Money
	A.eliminates double-coincidence of wants
	B.acts as a common measure of value
	C.acts as a standard of deferred payments
	D.all the above

MCQ Questions | Class 10 Social Science Economics Chapter 3

MCQ Questions | Class 10 Social Science Economics Chapter 3 | Money and Credit with Answers

MCQ | Class 10 Social Science Economics Chapter 3 | Money and Credit Set C

Objective Question | Social Science Class 10 Chapter 3

Class 10 Social Science Chapter 3 | Objective Type Questions

Money and Credit | Class 10 Social Science Economics | NCERT Solutions

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