Practice Controlling Credit - 5.8.3 | 5. Money and Banking – Basic Concepts | ICSE Class 10 Economic Applications
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does CRR stand for?

💡 Hint: Remember it relates to cash reserves.

Question 2

Easy

Is SLR related to liquid assets?

💡 Hint: Think about what keeps banks stable.

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 CRR stand for?

  • Cash Reserve Ratio
  • Customer Reserve Ratio
  • Credit Reserve Ratio

💡 Hint: Look for the term related to banks' cash management.

Question 2

True or False: A higher bank rate means banks can borrow from the RBI at lower costs.

  • True
  • False

💡 Hint: Think about how higher rates impact borrowing.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Suppose the RBI raises the CRR and SLR simultaneously. Discuss how this action could manifest in the real economy, focusing on consumer behavior.

💡 Hint: Consider the relationship between credit availability and consumer confidence.

Question 2

Analyze the effects of a sudden drop in the repo rate on business investments and growth.

💡 Hint: Think about how interest rates influence business plans.

Challenge and get performance evaluation