Money and Credit Notes For Class 10

Money is a fascinating subject and full of curiosities.

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• The history of money and how various forms were used at different times is an interesting story.
• Modern forms of money are linked to the banking system
• On this lesson of money and credit our main focus for understanding will be on modern banking system.

This Lesson on Money and Credit will cover the following topics.

Lesson Contents

• Money as A Medium of Exchange
• Modern Forms of Money
• Loan Activities of Banks
• Terms of Credit
• Formal Credit Sector India
• The Working of Self help Groups