Money and Credi...

Since money acts as an intermediate in the exchange process, it is called:

Directions: Choose the correct option.

Assertion (A): Money has taken many forms throughout the centuries.
Reason (R): E-money and bitcoins are modern forms of money.

What is the main source of income for banks?

Which of following is not correct about formal financial institutions?

What is the meaning of term "debt trap"?

Directions: Choose the correct option.

Assertion (A): Collateral security is a property or other asset that a borrower offers to a lender to secure a loan.
Reason (R): Buildings or gold ornaments can be used as collateral security.

Which of the following is not a part of terms of credit?

Which of the following statements is/are correct?

a. There is no supervising body in informal financial institutions.
b. Informal financial institutions make use of unfair means to get their money back.
c. NABARD and money lenders form a part of informal financial institutions.

Why do banks and cooperatives need to increase lending in rural areas?

Who take(s) decisions regarding savings and loan activities in Self Help Groups?