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Editor Subramanyam, C.N.
Source SCERT Andhra Pradesh
Content type Text
Publisher Government of Andhra Pradesh
File Format PDF
Copyright Year ©2013
Language English
Difficulty Level Medium
Subject Domain (in DDC) Social sciences ♦ Economics ♦ Financial economics
Subject Keyword Demand Deposits ♦ Economic Activities ♦ Cooperative Societies ♦ Commercial Banks ♦ Informal Sources of Credit
Table of Contents Chapter 9) Credit in the Financial System
  9.1) Loan Activities of banks
  9.2) Why people require credit
  9.3) Two Different Credit Scenarios
  9.4) Terms of Credit
  9.5) Variety of Credit Arrangements: Example of a Village
  9.6) Formal and informal sources of credit in India
  9.7) Self-Help Groups for the Poor
  9.8) Financial Literacy
Description This is the 9th chapter of the book “Social Studies: Class 9”. We may be aware that people borrow from many sources like their friends, relatives, money lenders, banks etc. Agricultural labourers borrow from their employers and work for less than market wages. Different kinds of credit arrangements are an important component of financial system of a country and play crucial role. In this chapter we will read about some aspects of credit system.
Educational Role Student ♦ Teacher
Age Range 13 to 17 years
Educational Use Classroom ♦ Reading
Interactivity Type Expositive
Education Level IX and X
Learning Resource Type Book
Educational Framework Andhra Pradesh Board of Secondary Education (APBSE)
Time Required P3D
Pedagogic Objective Why people require credit? What is the circular flow of money in a public bank?
Publisher Date 2013
Publisher Place Hyderabad
Size (in Bytes) 266.28 kB
Page Count 13

Source: SCERT Andhra Pradesh