Practice 4 Cs of Credit - 10.9.2 | 10. Financial Management and Planning | CBSE 11 Human Ecology and Family Sciences Part II
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

Define the term 'Character' in the context of credit.

💡 Hint: Think about trustworthiness.

Question 2

Easy

What does 'Collateral' mean?

💡 Hint: Consider what happens if you cannot repay.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does 'Character' refer to in the 4 Cs of Credit?

  • Reliability to repay
  • Income level
  • Net worth

💡 Hint: Think about trust in borrowing.

Question 2

True or False: Capital represents a borrower's debt.

  • True
  • False

💡 Hint: Consider what capital means financially.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Imagine you are applying for a loan. You have a good job and steady income but also high expenses from your family's needs. Discuss how you would present your 4 Cs to the lender.

💡 Hint: Think about how each C supports your loan application.

Question 2

Consider a scenario with a friend who has a low income but offers a valuable asset. Analyze how their Collateral might influence a lender's decision despite a poor financial background.

💡 Hint: Focus on how risk is assessed with the 4 Cs.

Challenge and get performance evaluation