Q3) Draft a speech on the theme 'The world of my dreams to be delivered before the school on the occasion of a 'Talent Search Programme. Use the following points to draft your speech:
* A place that offers security, warmth, respect to all its inhabitants
* No place for social evils like corruption, violence, etc.
*A place full of love, empathy and faith *Values would be inculcated in younger generation and the older generation would be respected.
*Aim to transform my world into a peaceful place
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"Money and Credit" Classwork Questions :
(1) How does the use of money make it easier to exchange things?
(2)"The modern currency is without any use of its own". Explain the statement.
(3) What are the difference Modern currency and Old currency?
(4) Why are demand deposits considered as money?
(5) Write the difference between formal sector loans and informal sector loans.
(6) "Poor households are still dependent on informal sources of credit." Support the statement with example.
(7) Describe the importance of formal sources of credit in the economic development?
(8) What are the advantages of Self Help Groups?
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