What are value based question?
CBSE has introduced the concept of value based questions in question papers of all main subject from the session 2012-13. These questions are based on values & key messages brought out on the basis of prescribed text. These should be answered in about 100 words.
Is Class 12 Economics tough?
As per the comments we received, the CBSE Class 12 Economics paper 2020 was quite easy overall with a slightly tricky Macro Economics section. Even the Indian Economy section which was introduced this year for the first time also contained nothing too difficult.
What values should the bank keep in mind while setting up banks Class 10?
b. What values should the bank keep in mind while extending loans? Banks keep 15% of the deposits to make payments and the rest is given out on loans. They charge higher interest on loans than on deposits.
Why is Class 10 money needed?
Money is the medium of exchange that eliminates the need for barter system. To meet the present need of money people often take loan from various sources such as banks, cooperatives, moneylenders, friends and relatives. Banks keeps small portion of the deposit as a cash and give the major part as loan to the borrowers.
What is SHG 10?
Self Help Groups. Self Help groups are groups of rural poor people (especially women). The idea is to help them organize themselves, help them financially, provide them work, help them in other matters including domestic issues. Such groups are helped by the government and its policies.
What defines money?
Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. Money originates in the form of a commodity, having a physical property to be adopted by market participants as a medium of exchange.
What is Cheque class 10th?
A cheque is a paper instructing the bank to pay a specific amount from the person’s account to the person in whose name the cheque has been made. The money is transferred from one bank account to another bank account in a couple of days.
Which is the not type of Cheque?
Which of the following is not a type of cheque?
| 1) | Crossed cheque |
|---|---|
| 2) | Blank cheque |
| 3) | Speed cheque |
| 4) | Bearer cheque |
| 5) | NULL |
What are the 3 parties to a Cheque?
Three Parties to a Check/cheque
- The drawer. The drawer is the person whose signature appears on the check.
- The drawee. The drawee of a check is the banker.
- The payee. The last but not least party to a check is the payee.
- NOTE: There are certain times where the drawer can be the same person as the payee.
Is there any limit for bearer Cheque?
What is Bearer cheque withdrawal limit? There is no such specific withdrawal limit on bearer cheque. In case the amount is above 50,000 the bank will verify the identity of the person before handling the cash amount.
What is difference between order and bearer Cheque?
An order cheque is one that can only be paid to a particular payee, who can only pass the cheque to another person by signing his or her name behind it. Whilst bearer cheque does not requires you not to cancel the printed words ‘bearer’ on the cheque, just to fill the amount you want withdrawn.