Home/ Kannaki/Answers
  1. Asked: In:

    Give one example each of modern currency and older currency?

    Kannaki

    Modern currency-Notes, coins etc. Older currency-Gold coins etc. For more answers visit to website: https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

    Modern currency-Notes, coins etc. Older currency-Gold coins etc.

    For more answers visit to website:
    https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

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    • 10
  2. Asked: In:

    Why a loan from Informal Sector is costlier than the formal sector?

    Kannaki

    Interest Rate is higher.   For more answers visit to website: https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

    Interest Rate is higher.

     

    For more answers visit to website:
    https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

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    • 10
  3. Asked: In:

    Which government agency is authorized to issue notes and currency in India?

    Kannaki

    Reserve Bank of India   For more answers visit to website: https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

    Reserve Bank of India

     

    For more answers visit to website:
    https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

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    • 10
  4. Asked: In:

    Bharti has a doubt that why one cannot refuse a payment made in rupees in India?

    Kannaki

    It is authorized by Government of India   For more answers visit to website: https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

    It is authorized by Government of India

     

    For more answers visit to website:
    https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

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    • 8
  6. Asked: In:

    What was the primitive methods of exchange in early ages in India?

    Kannaki

    Grains and Cattles   For more answers visit to website: https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

    Grains and Cattles

     

    For more answers visit to website:
    https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

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    • 9