Money & Credit (C10)
Money as a medium of exchange; Modern forms of Money; Loan activities of Banks; Two different Credit situations; Terms of Credit; Formal Sector Credit in India; Self Help Groups for the Poor
Credit sometimes pushes the borrower into a situation
"Credit sometimes pushes the borrower into a situation from which recovery is very painful." Support the statement with examples.
Read more …Bank plays an important role in the economic development of the country
"Bank plays an important role in the economic development of the country." Support the statement with examples.
Read more …Why do banks and cooperative societies need to lend more
Why do banks and cooperative societies need to lend more? Explain.
Read more …Why do we need to expand formal sources of credit in India
Why do we need to expand formal sources of credit in India? Explain.
Read more …Why is it necessary to increase a large number of banks mainly in rural areas
Why is it necessary to increase a large number of banks mainly in rural areas ? Explain.
Read more …Why are service conditions of formal sector loans better than informal sector
Why are service conditions of formal sector loans better than informal sector ? Explain.
Read more …The credit activities of the informal sector should be discouraged
"The credit activities of the informal sector should be discouraged." Support the statement with arguments.
Read more …Why is cheap and affordable credit important for the country’s development
Why is cheap and affordable credit important for the country’s development? Explain any three reasons.
Read more …Amrita is a government employee and belongs to a rich urban household
Amrita is a government employee and belongs to a rich urban household whereas Rani works as a helper on a construction site and comes from a poor rural household. Both have a crisis at home and wish to take loan. Create a list of arguments explaining who between the two would successfully be able to get the loan from a formal source. Why?
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