Practice Loans from Cooperatives - 3.7 | 3. MONEY AND CREDIT | CBSE 10 Economics
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is a cooperative society?

πŸ’‘ Hint: Think about who owns and benefits from the cooperative.

Question 2

Easy

Why are cooperatives important for farmers?

πŸ’‘ Hint: Consider how farmers finance their needs.

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 is a cooperative society?

  • A public company
  • A member-owned organization
  • A non-profit charity

πŸ’‘ Hint: Think about who profits from a cooperative.

Question 2

Is collateral always required for cooperative loans?

  • True
  • False

πŸ’‘ Hint: Consider the risks involved in lending.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate the long-term advantages of being part of a cooperative for a farmer in terms of financial stability.

πŸ’‘ Hint: Consider how cooperatives can provide ongoing support.

Question 2

Discuss the potential downsides of relying on cooperative loans for a farmer who is not financially astute.

πŸ’‘ Hint: Think about the implications if not properly managed.

Challenge and get performance evaluation