+91-8076753736 [email protected]
logo
logo

Sponsor Area

NCERT Solutions for Class 10 गणित Understanding Economic Development Chapter 3 Money And Credit

Money And Credit Here is the CBSE गणित Chapter 3 for Class 10 students. Summary and detailed explanation of the lesson, including the definitions of difficult words. All of the exercises and questions and answers from the lesson's back end have been completed. NCERT Solutions for Class 10 गणित Money And Credit Chapter 3 NCERT Solutions for Class 10 गणित Money And Credit Chapter 3 The following is a summary in Hindi and English for the academic year 2025-26. You can save these solutions to your computer or use the Class 10 गणित.

Question 1
CBSEENSS10015803
Wired Faculty App

In situations with high risks, credit might create further problems for the borrower. Explain.
Solution

The situations with high risks, credit might create further problems for the borrower:

(i)The borrower had to pay interest on principal as well as on interest to lenders.

(ii)The lenders can go against the defaulT borrower in the court to recover his principal amount and interest thereupon. 

(iii) Sometimes, the lender can sell the security or the assets as collateral pledged with the banks or co-operative society or any informal agency of credit.

Sponsor Area

Sponsor Area

Mock Test Series

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation