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Money and Credit

10th Class - CBSE - Economics - 254 Questions - 0 Concepts

Important Questions

Q1 Single Correct Hard
Teaser rates are related to which of the following types of loans?
  • A. Personal Loans
  • B. Auto Loans
  • C. Reverse Mortgage Loans
  • D. Home Loans

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Q2 Single Correct Hard
Which unit of valuation is known as Paper Gold?
  • A. Eurodollar
  • B. Petrodollar
  • C. GDR
  • D. SDR

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Q3 Single Correct Hard
Which of the following actions could reasonably be expected to cause a reduction in investment spending on the part of the business and subsequently a reduction in output, employment, and income?
  • A. An increase in current sales that is expected to be temporary.
  • B. An announcement by the government that it's spending on all goods and services will be

    substantially increased in the coming year.
  • C. The existence of highly limited plant capacity relative to current and expected future

    demand.
  • D. An increase in the prime lending rate (interest rate) to double its present level.

Asked in: Economics - Money and Credit


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Q4 Single Correct Hard
Given the money wages,if the price level in an economy increases, then the real wages will _________.
  • A. increase
  • B. remain constant
  • C. become flexible
  • D. decrease

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Q5 Subjective Hard
Why is modern currency accepted as a medium of exchange without any use of its own ? Find out the reason.

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Q6 Subjective Hard
'Credit has its own unique role for development'. Justify the statement with arguments.

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Q7 Subjective Hard
Analyse the role of credit for development.

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Q8 Single Correct Hard
In a financial transaction, money can be exchanged in the form of  _____ . 
  • A. currency notes
  • B. coins
  • C. cheques
  • D. all of these

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Q9 Subjective Hard
In situations with high risks, credit might create further problems for the borrower. Explain.

Asked in: Economics - Money and Credit


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Q10 Single Correct Hard
Easy term of credit includes _____ .
  • A. high rate of interest
  • B. lesser number of collateral
  • C. higher number of documents
  • D. steep condition of repayment

Asked in: Economics - Money and Credit


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Questions 122475
Subjects 10
Chapters 93
Enrolled Students 65
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