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CBSE Solutions for Class 10 English

GSEB std 10 science solution for Gujarati check Subject Chapters Wise::

Characterize credit

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જવાબ : Credit alludes to an arrangement wherein the loan specialist supplies the borrower with money, products or administrations as a byproduct of the guarantee of future installments with interest


What is security?

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જવાબ : Security is a resource that the borrower claims, for example, land, building, vehicle, domesticated animals, stores with the banks and uses these as an assurance to the moneylender until the credit is reimbursed.


How do the stores with the banks become their kind of revenue?

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જવાબ : Banks utilize a significant bit of stores to expand credits. They charge a higher rate of interest on advances than what they offer on stores. The distinction between what is charged from borrowers and what is paid to the investors is the principle kind of revenue for the banks.


How does money dispense with the requirement for twofold happenstance of needs?

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જવાબ : Money tackles the issue of twofold happenstance of needs by going about as a mode of trade.


For what reason are the majority of the helpless family units denied from the conventional area of advances?

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જવાબ : The majority of poor people families are denied from the conventional area of credits since they don't have the guarantee to keep with the banks.


Demonstrate with a contention that there is an incredible need to expand formal wellsprings of credit in country India.

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જવાબ : There is an incredible need to expand the proper wellsprings of credit in country India in light of the fact that: •             There is no association to direct credit exercises of the casual area. It could prompt expanding obligation among the borrowers. •             The pace of interest is extremely high in casual area.


For what reason is the oversight of the working of formal wellsprings of credits vital?

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જવાબ : It is important to oversee the working of formal wellsprings of credits in light of the fact that the banks need to keep up a base money balance out of the stores they get. They ought to likewise give advances to little cultivators, shopping center scale ventures and so forth


Contrast formal area advances and casual area credits with respect to intrigue as it were.

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જવાબ : In formal area, the pace of interest is low. It is fixed by the Reserve Bank of India, who directs the working of formal wellsprings of credit. In casual area, the pace of interest is high as there is no association to administer the working of casual wellsprings of advance.


For what reason can one not deny an installment made in rupees in India?

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જવાબ : One can't decline an installment made in rupees in India since it is approved by the administration of India. It is acknowledged as a vehicle of trade everywhere on the nation.


"Money has made exchanges simple." Justify.

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જવાબ : Money has made exchanges simple in light of the fact that: •             It can be effortlessly traded with any product or administration. •             It tackles the issue of twofold fortuitous event of needs. •             It is the ideal store of significant worth. •             It makes financial exercises very autonomous from one another.


For what reason is present day money acknowledged as a mechanism of trade with no utilization of its own? Discover the explanation.

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જવાબ : Present day money has been acknowledged as a vehicle of trade on the grounds that: •             It is approved by the legislature of an India. •             It is given by the pinnacle bank for the administration. •             No other individual is permitted to give cash. •             The law of the nation authorizes its utilization as a vehicle of installment and setting exchanges. •             No one out of a nation can decline installment made in the cash of that nation.


For what reason is it vital for the banks and helpful social orders to expand their loaning offices in country territories? Clarify.

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જવાબ : Banks and cooperatives ought to broaden their loaning exercises in country zones on the grounds that: •             Rural poor and ranchers need to acquire money from moneylenders at an extremely high pace of revenue. Therefore, the expense to the obtaining is extremely high. •             A huge piece of the profit of borrower is utilized to reimburse the credits. Henceforth, they have less pay. •             Sometimes, a higher pace of loaning implies that the sum to be reimbursed is more than the income of the borrower. •             To spare the individuals from the grip and abuse by the moneylenders, it is vital for the banks and co-agents to expand their loaning activies. •             It would prompt higher salaries and improve the state of the rustic poor. •             People can likewise fire a business or set up a little scope industry


What are the two types of present day cash?

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જવાબ : Paper notes and Coins


Who manages the working of formal wellsprings of advances?

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જવાબ : Save Bank of India


What is a check?

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જવાબ : A check is a paper teaching the bank to pay a particular sum from an individual's record to the individual in whose name the check has been given.


How does money go about as a mode of trade?

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જવાબ : Money goes about as a mediator during the time spent trade, subsequently it is known as a mode of trade.


cap is implied by twofold occurrence of needs?

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જવાબ : Twofold occurrence of needs implies proprietor of good X, state shoes, to discover another person with great Y, state wheat, and both needing each other's acceptable


What is the importance of deal framework

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જવાબ : A framework where products are legitimately traded without the utilization of money is called deal framework.


For what reason do we have to expand formal wellsprings of credit in India?

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જવાબ : 1.            There is no association that administers the credit exercises of banks in the casual area. They loan at whatever financing cost they pick. 2.            No one can prevent provincial money-banks from utilizing unreasonable intends to get their money back. 3.            Informal banks charge an exceptionally high pace of revenue on advances and therefore a bigger piece of the profit of the borrowers and ranchers are utilized to pay the credits. 4.            The add up to be reimbursed is often more prominent than pay, and ranchers and other borrowers in towns fall in an obligation trap. Subsequently, it is vital that banks and co-agents increment their loaning, especially in provincial regions, so reliance on casual wellsprings of credit closes.


"The credit exercises of the casual area ought to be disheartened." Support the assertion with contentions.

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જવાબ : The credit exercises of the casual area ought to be disheartened on the grounds that:   1.            85% of credits taken by the helpless families in the metropolitan regions are from casual sources. There is no association that oversees the credit exercises of moneylenders in the casual area.   2.            Informal moneylenders charge high revenue on their loAnswer: They attempt to charge increasingly more premium on their advances as there are no limits and limitations.   3.            Higher expense of acquiring implies a bigger piece of the income of the borrowers is utilized to reimburse the credit.   4.            In certain cases, the high loan fee for getting can imply that the sum to be reimbursed is more noteworthy than the pay of borrower. This could prompt expanding obligation and obligation trap, therefore the credit exercises of the casual area ought to be disheartened.


In what manner would money be able to be handily traded for merchandise or administrations? Give a guide to clarify.

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જવાબ : Money as a mode of trade for products and enterprises:   An individual holding money can without much of a stretch trade it for any item or administration that the person in question may need. Everybody likes to get installments in money and trade the money for things they need.   For instance: A shoemaker needs to sell shoes on the lookout and purchase wheat. The shoe creator will initially trade shoes for money and then trade the money for wheat. On the off chance that the shoemaker needed to legitimately trade shoes for wheat without the utilization of money, he would need to search for a wheat developing rancher who needs to offer wheat as well as needs to purchase the shoes in return. Both the gatherings need to consent to sell and get each other's products. This cycle is extremely troublesome, tedious and undesirable.


The money notes in the interest of the Central Government are given by whom?

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જવાબ : Save Bank of India.


For what reason do banks request guarantee while offering credit to a borrower?

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જવાબ : Insurance is a resource that the borrower possesses (land, building, vehicle, animals, land records, stores with banks, and so on) which stands as a protection from the money acquired. On the off chance that the borrower neglects to reimburse the advance, the loan specialist has the privilege to sell the resource or guarantee.


How manage banks do the stores they acknowledge from clients?

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જવાબ : Banks utilize a significant part of stores to stretch out credits to individuals.


What contains 'terms of credit'?

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જવાબ : Loan cost, guarantee and documentation prerequisite and method of reimbursement together include terms of credit.


What is the primary casual wellspring of credit for provincial families in India?

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જવાબ : Money banks are the primary wellspring of casual credit for provincial families.


For what reason is it important for the banks and agreeable social orders to expand their loaning offices in rustic zones?

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જવાબ : Banks and Cooperatives can help individuals in acquiring modest and moderate advances. This will help individuals to develop crops, work together, set up little scope ventures or exchange products and additionally help by implication in the nation's development. They ought to do as such, so generally needy individuals don't need to rely upon casual wellsprings of credit (money-banks).


Clarify with models, how individuals are associated with the banks.

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જવાબ : 1.            Banks assistance individuals to set aside their cash and protect their money in guardianship of the bank. Banks acknowledge stores from the general population and additionally help individuals to procure revenue on their stores.   2.            People can pull out the money stored with the bank at the period of their scarcity. As the money can be removed on demand, these are called demand stores.   3.            Banks likewise award credits to individuals for an assortment of purposes. In the midst of hardship people, business houses and ventures can obtain money from the banks.


How is money utilized in regular daily existence? Clarify with models.

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જવાબ : 1.            Money assumes a focal part in our every day life. It is utilized as a vehicle of trade to complete exchanges.   2.            Money gets us food, dress, cover and other essential necessities of life.   3.            Money gives us government managed retirement. It is expected to secure administrations like vehicle, schooling, medical care, amusement, diversion, and so on. Money encourages business and exchange and is the premise of the working of an economy.


How does money tackle the issue of twofold happenstance of needs? Clarify with a model.

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જવાબ : Money goes about as a mechanism of trade. Money can be traded for any sort of ware or administration of one's decision or need. Before money was presented, individuals rehearsed bargain framework. They traded products with one another.   Model, A rancher could purchase a dhoti from a weaver or a couple of shoes from a shoemaker in return of grains he delivered.   The issue with the deal framework was that both the gatherings needed to consent to sell and get each other's item. This is known as twofold occurrence of needs.   In trade framework, where merchandise are straightforwardly traded without the utilization of money, it is basic that there is a twofold happenstance. Twofold incident is where two people need or want to have each other's item.   Money tackles this issue similarly as with money we can purchase anything we desire and at whatever point we need, without trading something consequently.


"Modest and moderate credit is fundamental for helpless family units both in provincial and metropolitan territories." In the light of the above assertion clarify the social and financial qualities joined to it.

 

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જવાબ : Credit implies loAnswer: It alludes to an arrangement where the moneylender supplies the borrower with money, merchandise or administrations as an end-result of the guarantee of future reimbursement. 1.            Cheap and moderate credit is critical for the nation's development and financial development. Credit is in incredible demand for different sorts of monetary exercises—huge or little speculations, to set up business, purchasing vehicles, houses, and so forth 2.            In rustic zones credit helps in the development of agribusiness by giving assets to ranchers to purchase seeds, composts, costly pesticides. 3.            Manufacturers need credit for purchasing crude material or to meet continuous use of creation. Credit helps in the acquisition of plant, apparatus, hardware, and so on 4.            Some individuals may need to acquire for ailment, relationships and so on Along these lines, modest and moderate credit is vital for the nation's development and monetary development.


What is insurance? For what reason do moneylenders request guarantee while loaning? Clarify.

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જવાબ : Insurance is a resource that the borrower possesses (land, building, vehicle, domesticated animals, land reports, stores with banks and so forth) which stands as a protection from the money acquired. On the off chance that the borrower neglects to reimburse the advance, the moneylender has the option to offer the resource or insurance to recoup the advance money. Most loan specialists request guarantee while loaning as a protection from their own assets.


What are the cutting edge types of money? For what reason is the 'rupee' generally acknowledged as a mechanism of trade? Clarify two reasons.

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જવાબ : Modem types of money cash in India incorporate paper notes and coins which are known as Rupees and Paise.   1.            It is acknowledged as a vehicle of trade on the grounds that the cash is approved by the Government of India.   2.            In India, the Reserve bank of India issues cash notes in the interest of the Central Government of India.   3.            The law sanctions the utilization of rupee as a mode of installment that can't be denied in settling exchange in India.   4.            No Individual in India can legitimately reject an installment made in rupees.   Therefore, the rupee is generally acknowledged as a vehicle of trade.


What is money? For what reason is current money cash acknowledged as a mechanism of trade?

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જવાબ : Money is a mode of trade in exchanges. An individual holding money can without much of a stretch trade it for any item or administration that the person may need. Modem money cash is acknowledged as a mechanism of trade on the grounds that •             it is guaranteed for a specific group (For instance, ₹ 10, ₹ 20, ₹ 100, ₹ 1,000). •             it is given by the Central Bank of the nation. •             it is approved by the administration of the nation.


How does the utilization of money make it simpler to trade things? Give a model.

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જવાબ : The utilization of money takes care of the issue of twofold incident of needs. Money goes about as a mechanism of trade and fills in as a unit of significant worth.


Feature the natural issue in twofold occurrence of needs.

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જવાબ : Twofold incident of needs implies that when somebody needs to trade his products with another individual, the last should likewise be happy to trade his merchandise with the principal individual. It can possibly work when both the people are prepared to trade each other's merchandise.


Which nation has effectively coordinated SHGs? Who had started the program?

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જવાબ : Bangladesh has effectively coordinated SHGs. Grameen Bank of Bangladesh is the greatest example of overcoming adversity in arriving at the poor to meet their credit needs at sensible rates. Grameen Bank has now more than 6 million borrowers in 40,000 towns across Bangladesh. The vast majority of the borrowers are ladies and have a place with the least fortunate part of society. This thought is the mind offspring of Prof. Mohammad Yunus, beneficiary of 2006 Nobel Prize for Peace.


What do you understand by demand stores?

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જવાબ : To guarantee wellbeing of their money, individuals store their money with banks. Banks acknowledge stores and pay revenue on stores. Individuals have the arrangement to pull out their money as and when they require. Since money can be removed on demand, these stores are known as demand stores.   Highlights:   1.            A demand store has the fundamental trait of money. It very well may be utilized as a vehicle of trade.   2.            The office of checks against demand stores makes it conceivable to make installments, without utilizing money.   3.            Since demand stores are acknowledged broadly as a methods for installment alongside cash, they establish money in the modem economy.


For what reason are the vast majority of the helpless family units denied from the proper area of credits?

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જવાબ : A large portion of poor people family units are denied from the conventional area advances as a result of absence of legitimate reports and nonattendance of insurance.


Demonstrate with a contention that there is an incredible need to expand formal wellsprings of credit in provincial India.

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જવાબ : There is incredible need to expand formal wellsprings of credit in provincial India on the grounds that: 1.            There is no association that administers the credit exercises of loan specialists in the casual area. They loan at whatever financing cost they pick. 2.            No one can prevent country money-moneylenders from utilizing out of line intends to get their money back.


For what reason is the oversight of the working of formal wellsprings of advances fundamental?

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જવાબ : Oversight of the working of formal wellsprings of advances is vital in light of the fact that banks need to submit data to the RBI on the amount they are loaning, to whom they are loaning and at what financing cost and so forth


Contrast formal area advances and casual area of credits with respect to intrigue as it were.

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જવાબ : A large portion of the casual moneylenders charge a lot higher premium on credits than the proper area loAnswer


Why one can't deny an installment made in rupees in India?

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જવાબ : One can't deny an installment made in rupees in India since it is acknowledged as a mode of trade. The cash is approved by the legislature of the nation.


How do the stores with banks become their kind of revenue?

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જવાબ : Banks charge a higher financing cost on advances they reach out than what they offer on stores. The distinction of premium is the primary kind of revenue of banks


How does money go about as a vehicle of trade?

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જવાબ : Money goes about as a vehicle of trade as it goes about as a middle in the trade cycle and exchanges. An individual holding money can without much of a stretch trade it for any ware or administrations that the person may need.


What is implied by twofold happenstance of needs?

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જવાબ : Twofold happenstance of needs implies when the two players have consented to sell and get each other's products.


What is the significance of 'speculation'?

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જવાબ : Speculation is purchasing of a resource as an industrial facility, a machine, land and building, and so forth (actual resources) or offers (money related resources) to make or sharing profits of the undertakings concerned. Basic ventures are—purchasing land, processing plants, machines for quicker creation, purchasing little neighborhood organizations to expand creation, modest work, talented specialists, IT staff, and so on


What is the significance of 'bargain framework'?

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જવાબ : Trade framework alludes to the arrangement of trade of merchandise and enterprises. It is the framework by which one product is traded for another without the utilization of money. Before money was presented, individuals rehearsed deal framework. Model: A rancher could purchase a dhoti from a weaver or a couple of shoes from a shoemaker in return of grains he created.


'Current money is with no utilization of its own'; then for what reason is it acknowledged as a mode of trade?

 

 

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જવાબ : Present day cash is acknowledged as a mode of trade since it is guaranteed for a specific section (?10, ?100, and so forth) of the nation by specialists set up by the Central Government. It is given by the Reserve Bank of India and it very well may be utilized for purchasing any item which is at a bargain. It is approved by the legislature of the nation.


Which body regulates the working of formal wellsprings of credits?

 

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જવાબ : Save Bank of India.


What is the fundamental target of 'Self improvement Gatherings'? How accomplish they work? Depict any four points of interest of 'Self improvement Gatherings' for poor people. (2015 D, 2011 D)

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જવાબ : The fundamental target of 'Self improvement Gatherings' is to coordinate country poor, especially ladies having a place with one neighborhood into little Self Help Groups (15-20 individuals). These individuals spare routinely and the sum changes from ₹25 at least 100 relying on their capacity to spare.

 

The four points of interest of 'Self improvement Gatherings' are as per the following:

 

1.            The individuals can take little credits from the gathering itself to address their issues. The gathering charges revenue on these advances which is still not as much as what moneylenders charge.

2.            After per year or two, if the gathering is ordinary in reserve funds, it gets qualified for profiting advance from the bank which is authorized for the sake of the gathering to make independent work openings. Extremely significant choices with respect to credit, reason, measure of interest, non-installment of advance are taken by the gathering individuals.

 

For example, little credits are given to the individuals to delivering sold land, meeting working capital necessities, for procuring resources like sewing machines, handlooms, cows and so forth

3.            Since non-reimbursement of credits is managed intensely by bunch individuals, therefore banks are eager to loan to the helpless ladies when coordinated in SHGs, despite the fact that they have no security all things considered. In this way, the SHGs help ladies to turn out to be monetarily confident.

4.            The standard gatherings of the gathering give a stage to talk about and follow up on an assortment of social issues, for example, wellbeing, nourishment, aggressive behavior at home and so forth


'Banks and cooperatives help individuals in getting modest and reasonable advances' Which esteems as per you does this help? (2011 OD)

 

 

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જવાબ : Modest and reasonable credits help individuals to develop crops, work together, set up little scope ventures or exchange products.

This advances:

1.            Self dependence and money related security and autonomy of individuals.

2.            Protection of the generally poor against degenerate moneylenders.

 

3.            Eradication of destitution as a rule.

4.            All this by implication helps in the nation's development.


What is Credit? For what reason is modest and moderate credit significant for the nation's development? Give four reasons.

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જવાબ : Credit implies advances. It alludes to an understanding where the loan specialist supplies the borrower with money, merchandise or administrations as a byproduct of the guarantee of future reimbursement.

 

1.            Cheap and moderate credit is critical for the nation's development and financial development. Credit is in extraordinary demand for different sorts of monetary exercises—large or little ventures, to set up business, purchasing vehicles, houses, and so on

2.            In rustic territories credit helps in the development of agribusiness by giving assets to ranchers to purchase seeds, manures, costly pesticides.

3.            Manufacturers need credit for purchasing crude material or to meet progressing consumption of creation. Credit helps in the acquisition of plant, hardware, gear, and so on

4.            Some individuals may need to acquire for disease, relationships and so on

Hence, modest and moderate credit is critical for the nation's development and financial development.


What are the two classes of wellsprings of credit? Notice four highlights of each. (2013 OD)

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જવાબ : The two wellsprings of credit are formal sources and casual sources:

Formal wellsprings of credit:

1.            Banks and helpful social orders fall under the proper area. One can get credits from banks or agreeable social orders.

2.            The Reserve Bank of India regulates the working of formal wellsprings of loAnswer:

3.            Bank advances require documentation and security (insurance is a resource, for example, land, building, vehicle, animals, stores with the bank, and so on) This is utilized as an assurance to the bank until the credit is taken care of.

4.            Formal sources can't charge any pace of interest from the borrowers as indicated by their impulses.

 

Casual wellsprings of credit:

 

•             In the casual area money can be acquired from an individual, companion, relative, moneylender, dealers, businesses, and so forth

•             There is no association that checks or directs the exercises of loan specialists in the casual area.

•             Loans from casual sources don't need any such security.

•             They charge a high pace of interest on advances as they don't need any guarantee.


Which government body administers the working of formal wellsprings of advances in India? Clarify its working. (2012 OD)

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જવાબ : The Reserve Bank of India directs the working of formal wellsprings of credits.

Elements of Reserve Bank of India.

1.            RBI requires business banks to keep up a base money balance out of the stores they get. The RBI screens that the banks really keep up the money balance.

2.            RBI sees that the banks give advances to profit-production organizations and brokers as well as to little cultivators, little scope enterprises, little borrowers, SHGs, and so on

3.            RBI issues rules for fixing pace of revenue on stores and loaning by business banks.

4.            Periodically, banks need to submit data to the RBI on the amount they are loaning, to whom, at what financing cost, and so on


What are the different wellsprings of credit in rustic regions? Which one of them is the most prevailing wellspring of credit and why? (2013 D)

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જવાબ : Moneylenders are the most prevailing among wellsprings of credit for rustic families. They comprise a casual wellspring of credit. They charge a high pace of interest on advances as they don't need any guarantee. They are the most helpful wellspring of credit in the provincial territories.

Other wellsprings of provincial credit:

1.            Cooperative Societies are another significant wellspring of rustic credit. They are a wellspring of formal area credit. Individuals from a Cooperative pool their assets for helping each other, e.g., Farmers' Cooperatives, Weavers' Cooperatives, and so on They offer modest credit in country territories for their individuals. When these advances are reimbursed, another round of credits is offered.

2.            Agricultural brokers, family members and companions are other casual wellsprings of rustic credit. A few ranchers acquire from rural dealers who gracefully the homestead inputs, (for example, seeds, manures, pesticides, and so on) on credit toward the start of the trimming prepare and reimburse the advances after the gather.

3.            Commercial banks additionally offer advances to provincial family units. Be that as it may, very few rustic family units obtain from banks as they require appropriate documentation and insurance.


"Stores with the banks are advantageous to the investors just as to the country". Inspect the assertion. (2016 OD, 2015 D)

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જવાબ : Advantage of stores to the investors:

1.            Bank acknowledges the stores and pays revenue to the investor.

2.            Banks assist individuals with setting aside their cash and guard their money in care of the bank.

3.            People can pull out the money as and when they require.

4.            Banks likewise award advances to individuals for an assortment of purposes. In the midst of hardship, people, business houses and ventures can acquire money from the banks.

Advantage of stores to the Nation:

1.            Banks utilize the significant extent of the store to broaden advances.

2.            There is a gigantic demand for credits for different monetary exercises. In the midst of hardship, business houses and enterprises can acquire money from the banks.

3.            Banks intervene between the individuals who have excess assets and the individuals who are needing these assets. Accordingly, it helps in the financial development of the Nation.


How do banks assume a significant part in the economy of India? Clarify. (2015 OD)

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જવાબ : 1.            Banks assistance individuals to set aside their cash and protect their money in guardianship. To guarantee wellbeing of their money, individuals store their money with banks. Banks acknowledge stores and pay revenue on stores. Individuals have the arrangement to pull out their money as and when they require.

 

2.            Banks likewise award advances to individuals for an assortment of purposes. In the midst of hardship people, business houses and ventures can get money from the banks.

 

3.            Credit gave by banks is essential to the nation's development and financial development. Credit is required for a wide range of financial exercises, to set up business, purchase vehicles, houses, and so on

 

4.            Banks likewise help individuals in getting modest and reasonable advances. This can help individuals to develop crops, work together, set up little scope ventures or exchange products and additionally help by implication in the nation's development. They ought to do as such, so moderately needy individuals don't need to rely upon casual wellsprings of credit (money-moneylenders).


Depict the indispensable and positive part of credit with models. (2016 D)

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જવાબ : In the merry season, a shoe maker, Ram gets a request from a huge broker around for 3,000 sets of shoes to be conveyed in a month's time. To finish creation on time Ram needs to recruit laborers for sewing and gluing work. He needs to buy the crude materials. To meet these costs Ram gets credits from two sources.

 

To start with, he requests that the leather provider gracefully leather now and vows to pay him later.

 

Second, he acquires advance in real money from the huge dealers as advance installment for 1000 sets of shoes with a guarantee to convey the entire request before the month's over.

 

Toward the month's end, Salim can convey the request, make a decent profit and reimburse the money he had acquired.

 

Salim acquires credit to meet the working capital necessities of creation. The credit causes him to meet the continuous costs of creation, complete creation on schedule and in this manner increment his income. Credit therefore plays an imperative and positive part in this circumstance.


By what means can the proper area credits be made helpful for helpless ranchers and laborers? Recommend any five measures. (2016 OD)

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જવાબ : Formal area credits can be made valuable for helpless ranchers and laborers in the accompanying manners:

1.            Create more prominent mindfulness among ranchers about conventional area credits.

 

2.            Process of giving credits ought to be made simpler. It should be straightforward, quick and ideal.

 

3.            More number of Nationalized Banks/helpful banks ought to be opened in rustic sectors. Banks and cooperatives should build office of giving advances so reliance on casual wellsprings of credit diminishes.

 

4.            The advantages of advances ought to be reached out to helpless ranchers and little scope businesses.

 

5.            While formal area advances need to expand, it is likewise fundamental that everybody gets these credits. It is significant that proper credit is disseminated all the more similarly so the poor can profit by less expensive advances.


What are the two classifications of wellsprings of credit? Notice four highlights of each.

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જવાબ : The two classifications of wellsprings of credit are:

•             Formal wellsprings of credit

•            Informal wellsprings of credit

The highlights of formal wellsprings of credit are:

•             They charge low pace of interest and the method of reimbursement is simple.

•             They save an insurance from the borrowers for giving credits.

•             Reserve Bank of India directs the working of formal wellsprings of credit, (id) Urban families are to a great extent rely upon formal wellsprings of credit.

•             They incorporate banks and cooperatives.

The highlights of casual wellsprings of credit are:

•             They charge higher pace of interest and the method of reimbursement is extremely cruel.

•             There is no compelling reason to keep an insurance in casual wellsprings of credit.

•             There is no association to direct the working of casual wellsprings of credit.

•             Poor family units are to a great extent rely upon casual wellsprings of credit.

•             They incorporate moneylenders, family members, companions and so on


What are Self-Help Groups? How are they developing as a significant wellspring of credit? Clarify.

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જવાબ : Self improvement Gatherings are a gathering of 15 to 20 helpless townspeople, particularly ladies, who routinely pool money at standard spans. At the point when an individual from the gathering needs money, he/she can get the advance from the gathering at a low pace of revenue.

 

Self improvement Gatherings are developing as a significant wellspring of credit on the grounds that:

 

•             They charge less revenue on the advances than what the moneylenders charge.

 

•             All choices with respect to investment funds and credits are taken by the individuals from the gathering.

 

•             The individuals can take credits from the gatherings to meet their day by day needs.

 

•             If the gathering is customary in its investment funds, they can likewise take advance from the bank. Credit is endorsed for the sake of the gathering. The gathering is answerable for the reimbursement of credit.

 

•             They help borrowers to defeat the issue of security.

 

•             They have liberated borrowers from the grip of the moneylenders.


What is money? For what reason is present day money cash acknowledged as a vehicle of trade?

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જવાબ : Money is anything which has normal adequacy as a methods for trade, a measure and a store of significant worth.

 

Current money has been acknowledged as a mode of trade in light of the fact that:

 

•             It is approved by the administration of an India.

 

•             It is given by the zenith bank in the interest of the legislature.

 

•             No other individual is permitted to give money.

 

•             The law of the nation authorizes its utilization as a mode of installment and setting exchanges.

 

•             No one out of a nation can deny installment made in the cash of that nation.


"Whether credit will be helpful or not, relies on the circumstance." Give two distinct models on the side of this assertion

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જવાબ : The two models demonstrating whether credit will be helpful or not, relies on the circumstance are:

 

•             Chirag is a shoe producer. During the celebration season, he gets a request for 3,000 sets of shoes to be finished in a month. He utilizes two additional specialists for gluing and sewing. He takes a development installment from a huge broker for 1,000 sets of shoes. He requests that the leather provider flexibly leather and installment would be made later. Chirag finishes the request in a month, makes a decent profit and reimburse all the money that he had obtained.

 

•             Sapna, a little rancher, develops groundnut in her three sections of land of land. She took an advance from the moneylender, planning to reimburse the credit, when the yield is collected. Being hit by the vermin, the harvest falls flat. Costly pesticides didn't have any effect. Sapna can't reimburse the moneylender and the other year, it turns into a greater sum. One year from now once more, she took a credit for development. It's anything but a bumber crop this year as well. Sapna procures nearly nothing, yet it isn't sufficient to reimburse the old advances. She needed to offer a portion of the land to reimburse the advance. She is trapped in an obligation. This circumstance is called obligation trap.

 

•             Hence, we can say that it relies upon circumstance whether credit will be helpful or not.


For what reason is it fundamental for banks and cooperatives to expand their loaning exercises in country zones? Clarify.

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જવાબ : Banks and cooperatives ought to expand their loaning exercises in provincial zones on the grounds that:

 

•             Rural poor and ranchers need to obtain money from moneylenders at an extremely high pace of revenue. Therefore, the expense to the obtaining is extremely high.

 

•             A enormous piece of the profit of borrower is utilized to reimburse the credits. Consequently, they have less pay.

 

•             Sometimes, a higher pace of loaning implies that the sum to be reimbursed is more than the income of the borrower.

 

•             To spare the individuals from the grasp and abuse by the moneylenders, it is essential for the banks and co-agents to expand their loaning activies.

 

•             It would prompt higher earnings and improve the state of the rustic poor.

 

•             People can likewise fire a business or set up a little scope industry


Clarify with a model how credit plays a crucial and positive part for development.

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જવાબ : Credit plays an indispensable and positive part in the accompanying manners:

 

•             It helps individuals from varying backgrounds in setting up their business, increment their pay and offer help to their family needs.

 

•             It makes it workable for individuals to claim or develop their own home and get alleviation from month to month lease.

 

•             People often profit themselves of credit to buy extravagance things like vehicles, A.Cs, and so forth, which further increases their expectation of living.

 

•             It empowers us to put resources into human asset. Individuals assume praise for instruction, preparing, and so forth which permits improvement of human asset.

 

•             For instance, Salim profited credit office to meet the working capital requirements of creation. It helped him to meet the progressing costs of creation, complete creation on schedule, thereby, expanding his pay.


Portray the imperative and positive function of credit with models.

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જવાબ : Credit plays an imperative and positive function in the accompanying manners:

 

•             It helps individuals from varying backgrounds in setting up their business, increment their pay and offer help to their family needs.

 

•             It makes it workable for individuals to claim or build their own home and get help from month to month lease.

 

•             People often profit themselves of credit to buy extravagance things like vehicles, A.Cs, and so forth, which further increases their expectation of living.

 

•             It empowers us to put resources into human asset. Individuals assume praise for schooling, preparing, and so on which permits improvement of human asset.

 

•             For model, Salim profited credit office to meet the working capital necessities of creation. It helped him to meet the progressing costs of creation, complete creation on schedule, thereby, expanding his pay.


In what capacity can the conventional area advances be made valuable for helpless ranchers and laborers? Recommend any five measures.

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જવાબ : The proper area credits can be made useful to helpless ranchers and laborers in following manners:

 

•             The cycle of giving credits ought to be made simpler and open to them.

 

•             Large number of banks and cooperatives ought to be opened in the provincial territories.

 

•             Banks and cooperatives ought to expand their office of giving credits in order to diminish reliance on casual area.

 

•             Special spotlight ought to be paid on poor and little ranchers alongside little scope ventures.

 

•             Loan preparing should be straightforward, quicker and ideal.


For what reason is it important for the banks and agreeable social orders to expand their loaning offices in country territories? Clarify.

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જવાબ : Banks and cooperatives ought to broaden their loaning exercises in rustic zones on the grounds that:

 

•             Rural poor and ranchers need to get money from moneylenders at a high pace of revenue. Therefore, the expense to the obtaining is extremely high.

 

•             A enormous piece of the profit of borrower is utilized to reimburse the credits. Consequently, they have less pay.

 

•             Sometimes, a higher pace of loaning implies that the sum to be reimbursed is more than the income of the borrower.

 

•             To spare the individuals from the grasp and abuse by the moneylenders, it is important for the banks and co-agents to expand their loaning activies.

 

•             It would prompt higher livelihoods and improve the state of the provincial poor.


For what reason is modest and moderate credit significant for the nation's development?

Clarify any three reasons.

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જવાબ : Modest and reasonable credit is significant for a nation's development on the grounds that:

 

•             More loaning would prompt higher salaries and urge individuals to put resources into farming, take part in business and set up little enterprises.

 

•             Cheap credit will empower greater speculation. This prompts increasing speed of financial action.

 

•             Cheap credit would likewise permit more vulnerable areas of society to get to formal area of loaning and dispose of from casual moneylenders.

 

•             Affordable credit would likewise end the pattern of obligation trap.

 

•             Cheap and simple terms of credit would rouse better interest in innovation and accordingly increment rivalry.


There are No Content Availble For this Chapter

1

Precious metals

A

isn't a favorable position of self improvement gathering

2

Does not assist ladies with turning out to be confident

B

a favorable position of self improvement gathering

3

Reasonable interests

C

a cutting edge type of money

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જવાબ :

1-C, 2-A, 3-B

1

is definitely not an advanced type of money

A

encourages the borrowers to beat the issue of absence of insurance

2

is definitely an advanced type of money

B

Silver coins

3

Self-help gathering

C

Debit Card

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જવાબ :

1-B, 2-C, 3-A

1

Reserve Bank of India

A

Isn’t a significant explanation which keeps the poor from getting bank credits

2

Banks

B

regulates the working of formal wellsprings of advances

3

Absence of insurance

C

Formal wellsprings of credit incorporate

4

Documentation

D

is a significant explanation which keeps the poor from getting bank credits

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જવાબ :

1-B, 2-C, 3-D, 4-A

1

Local Rural Banks were set up in

A

a lot lower

2

Local Rural Banks weren’t set up in

B

a lot higher

3

Pace of revenue charged by moneylenders when contrasted with that charged by banks may be

C

1979

4

Pace of revenue charged by moneylenders when contrasted with that charged by banks may not be

D

1969

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જવાબ :

1-D, 2-C, 3-B, 4-A

1

directs the credit exercises of banks in the casual area

A

isn't a wellspring of country credit

2

Doesn’t directs the credit exercises of banks in the casual area

B

a wellspring of country credit

3

Government

C

Commercial Bank

4

Moneylender

D

RBI

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જવાબ :

1-D, 2-C, 3-A, 4-B

1

state represents greatest level of SHGs in bank credit

A

Formal Sources of credit include

2

state doesn’t represents greatest level of SHGs in bank credit

B

Andhra Pradesh

3

Co-Agents

C

Tamil Nadu

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જવાબ :

1-B, 2-C, 3-A

1

Cash is given in India by

A

Reserve Bank of India

2

Cash isn’t  given in India by

B

isn't correct with respect to the in comfort of Barter Exchange

3

Availability of money as a mode of trade

C

business banks

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જવાબ :

1-A, 2-C, 3-B

1

The piece of the all out stores which a bank keeps with itself in real money is

A

Cooperative social orders

2

The piece of the all out stores which a bank keeps with itself in real money isn’t

B

a little extent

3

Plastic money

C

100%

4

Recognize the proper wellspring of credit

D

the cutting edge types of money

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જવાબ :

1-B, 2-C, 3-D, 4-A

1

Arrangement of trading products for merchandise

A

Plastic money

2

Not an arrangement of trading products for merchandise

B

bargain framework

3

At present which type of money is progressively utilized separated from paper money

C

Metallic money

4

At present which type of money isn’t  progressively utilized separated from paper money

D

Trade framework

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જવાબ :

1-B, 2-D, 3-A, 4-C

1

Credit or advance alludes to an arrangement between

A

bank and borrower

2

Credit or advance doesn’t alludes to an arrangement between

B

dispenses with twofold incident of needs

3

Money

C

government and citizen

4

Terms of credit

D

financing cost

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જવાબ :

1-C, 2-A, 3-B, 4-D

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