Class 10 Economics Chapter 3: Money and Credit MCQs
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Are you preparing for your Class 10 board exams and finding Chapter 3, “Money and Credit,” in Economics a bit difficult? This chapter covers important concepts from our daily lives and is key to scoring well. To make your preparation easier, we’ve created a special Money and Credit Quiz to enhance your Board exam preparation.
Class 10 Economics Chapter 3: Money and Credit MCQs Quiz Description
This quiz is designed according to the CBSE Class 10 Economics syllabus and is entirely focused on Chapter 3, “Money and Credit.” The questions will help you deepen your understanding and perform better in the exam.
This Economics quiz covers the following key topics:
- The meaning of money and the functions of money.
- Double coincidence of wants and the utility of money.
- Modern forms of money: Currency and deposits.
- Sources of credit: Formal and informal credit.
- Terms of credit and interest rates.
- The importance and functioning of Self Help Groups (SHGs).
After completing the quiz, you will instantly see your score and the correct answers, making it an excellent Class 10 Economics revision tool.
Conclusion
With this Money and Credit MCQ quiz, you have practiced two of the most important concepts in economics. These important questions will help you understand and retain the NCERT material. Remember, consistent practice is the key to success. Use these NCERT Economics MCQs to work on your weak areas and strengthen your preparation. We have quizzes for other chapters on our website to help you complete your syllabus. We wish you the best!
FAQs on Class 10 Economics Chapter 3: Money and Credit MCQs
- Q: Is this quiz based on the latest CBSE syllabus?
A: Yes, this quiz is fully aligned with the latest CBSE Class 10 Economics syllabus and the NCERT book. - Q: Can I take this quiz multiple times?
A: Absolutely! You can retake this quiz as many times as you like to improve your speed and accuracy. - Q: Does this quiz cover topics like SHGs and formal credit?
A: Yes, it covers all major topics, including Self Help Groups class 10, Formal and informal credit, and Sources of credit class 10. - Q: Is this quiz sufficient for board exam preparation?
A: It’s an excellent tool, but we also recommend studying the NCERT book and practicing previous years’ papers. - Q: Can I download these questions as a PDF?
A: Yes, you can download the quiz questions and answers in PDF format for offline practice. - Q: Will I get explanations for the answers?
A: Yes, after the quiz, you can review all the correct answers and their brief explanations. - Q: Is this quiz mobile-friendly?
A: Yes, the quiz is fully mobile-friendly and can be accessed on any device. - Q: Do you have quizzes for other Economics chapters?
A: Yes, our website has MCQ quizzes for all chapters of Class 10 Economics to aid your Board exam preparation. - Q: Is this quiz free?
A: Yes, this quiz is completely free. - Q: What is the main function of money?
A: The main functions of money are as a medium of exchange, a unit of account, a store of value, and a means of deferred payment.
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