Question Text
Question 1 :
Find the rate of interest if the amount owed after $6$ months is $Rs. 1,050$. The borrowed amount is $Rs. 1,000$.
Question 2 :
Micro-credit or micro-finance is a novel approach to banking with the poor. In this approach bank credit is extended to the poor through ______________.
Question 4 :
The silver coin Pana, was a standard currency during the time of _______.
Question 5 :
In a SHG, important decisions in regard to loan and savings are taken by _____.
Question 6 :
Which of the following is/are the major problem(s) of rural indebtedness ?<br/>A) The Indian farmer borrows year after year but is not a position to clear off his loans.<br/>B) The size of the loans taken by the Indian farmer is too large whereas his agricultural output is not large enough to play off his debt.<br/>C) Most of the farmers are still taking loans from the informal sources, which charge a very high rate of interest.
Question 8 :
Given the money wages,if the price level in an economy increases, then the real wages will _________.
Question 9 :
In a financial transaction, money can be exchanged in the form of _____ .
Question 11 :
Teaser rates are related to which of the following types of loans?