Money and Credit Summary
Chapter 3, “Money and Credit,” examines the role of money and credit in the economy. It discuss the functions of money, such as a medium of exchange, unit of account, and store of value. Additionally, it discusses the importance of formal and informal credit sources, including banks and moneylenders, in meeting the credit needs of various sections of society. The chapter also examines the working of the formal credit system, challenges faced by borrowers, and measures to promote financial inclusion and access to affordable credit.
NCERT Solutions For Class 10 Economics Chapter-3: Money and Credit
NCERT Solutions For Class 10 Economics Chapter 3 Money and Credit– This article includes free NCERT Solutions For Class 10 Economics Chapter 3 Money and Credit to help students of Class 10 learn the solutions and ace their exams.
It has been developed by the subject matter experts at GFG, according to the latest CBSE Syllabus 2023-24, and guidelines to help the students of Class 10 create a solid conceptual base for Class 10 Economics Chapter 3, Money and Credit.
The solutions to all the exercises in Class 10 Economics Chapter 3, Money and Credit of your NCERT textbook, have been collectively covered in NCERT Solutions Class 10 Social Science.