Class 10 Economics Chapter 3 Money and Credit

NCERT Solution for Class 10 Economics Chapter 3: Money and Credit

NCERT Solution for Class 10 Economics Chapter 3: Money and Credit are created as per the CBSE board requirement to score good marks in the final exam by experts. All the questions asked in Chapter 3: Money and Credit are solved with the required details. Before going to solve the questions given in the NCERT textbook for Chapter 3: Money and Credit ensure that you have gone through the theory part of Chapter 3: Money and Credit. Find errorless NCERT Solutions for class 10 Social Science and NCERT Solutions for class 10 Economics prepared by experts of HT. 

Brief Introduction of NCERT Solution for Class 10 Economics Chapter 3: Money and Credit.

Trade and currency have been in existence since ancient times. The only thing that has changed is their forms. Money fascinates all and the usage of money and its circulation is of utmost importance in any economy. The chapter deals with the concept of the barter system and its replacement with money. It discusses the various forms of money, its circulation and regulation in the market and the role of RBI in regulating the banks and money in the Indian market. Credit plays an important role in any economy. The chapter discusses in detail the sources and terms of credit. It explores the positive and negative aspects of credit and the dependence of people on it. The concept of Self Help Groups has been discussed in the chapter. Self Help Groups are a good way of making people self-reliant and decreasing their dependence on informal credit sources.

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