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Class 10 - Social science - Money and Credit

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Money and Credit

Question 1:

 The following table shows people in a variety of occupations in urban areas. What are the purposes for which the following people might need loans? Fill in the column.


Reason for needing a Loan

Construction worker


Graduate student who is computer literate


A person employed in government service


Migrant labourer in Delhi


Household maid


Small trader


Autorickshaw driver


A worker whose factory has closed down


Next, classify the people into two groups based on whom you think might get a bank loan and those who might not. What is the criterion that you have used for classification?

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