Which condition usually shows an SHG is “mature” for bank linkage? A Irregular savings pattern B No internal lending C
Continue readingCategory: 4. Patwari (HP), JBT (HP)
Chapter 15: Formal Sector Credit in India (Set-3)
Which feature best shows a loan is from the formal sector and not informal A Oral promise only B Family
Continue readingChapter 15: Formal Sector Credit in India (Set-2)
In a formal loan, why is a written agreement important for the borrower A Hides true cost B Removes repayment
Continue readingChapter 15: Formal Sector Credit in India (Set-1)
Which lender is a formal source because it is regulated and registered under laws A Village moneylender B Pawn shop
Continue readingChapter 14: Credit Situations and Terms of Credit (Set-5)
A borrower chooses a loan with low EMI but pays much more overall because the lender added several hidden charges;
Continue readingChapter 14: Credit Situations and Terms of Credit (Set-4)
A borrower compares two loans with same nominal rate, but one compounds monthly and the other yearly; the monthly one
Continue readingChapter 14: Credit Situations and Terms of Credit (Set-3)
A borrower chooses a bank because interest is fixed and rules are written clearly A Informal credit B Distress credit
Continue readingChapter 14: Credit Situations and Terms of Credit (Set-2)
A shopkeeper takes a loan to buy more stock for the festival season when sales rise A Consumption loan B
Continue readingChapter 14: Credit Situations and Terms of Credit (Set-1)
A farmer takes a loan to buy seeds and fertilizer before the sowing season A Production loan B Consumption loan
Continue readingChapter 13: Credit and Loan Activities of Banks (Set-5)
A bank receives a ₹10,000 new deposit and CRR is 10%. Ignoring cash leakage, maximum new lending from this deposit
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