Q.1:- The following table shows people in a variety of occupations in urban areas. What are the purposes for which the following people might need loans? Fill in the column….
Q.1:- The following table shows people in a variety of occupations in urban areas. What are the purposes for which the following people might need loans? Fill in the column….
Q.13:- Choose the most appropriate answer. (i) In a SHG most of the decisions regarding savings and loan activities are taken by (a)bank (b) members (c) non-government organization (ii) Formal…
Q.12:- Fill in the blanks. (i) Majority of the credit needs of the…………….. households are met from informal sources. (ii) ……………… costs of borrowing increase the debt-burden. (iii) ……………… issues…
Q.11:- In India about 80% of farmers are small farmers, who need credit for cultivation. (a) Why might banks be unwilling to lend to small farmers? (b) What are the…
Q.10:- Manav needs a loan to set up a small business. On what basis will Manav decide whether to borrow from the bank or the moneylender? Discuss. Answer:- Manav…
Q.9:- Analyse the role of credit for development. Answer:- Development is sustained by a proper credit policy. By giving loans to industries and trade, banks provide them with the…
Q.8:- In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessary? Answer:- The Reserve Bank of India supervises the functioning of…
Q.7:- What are the reasons why the banks might not be willing to lend to certain borrowers? Answer:- A number of borrowers have no collateral to pledge against loans….
Q.6:- What is the basic idea behind the SHGs for the poor? Explain in your own words. Answer:- The basic idea behind the SHGs is meant to create self…
Q.5:- Why do we need to expand formal sources of credit in India? Answer:- The formal sector still meets only about half of the total credit needs of the…