Class 10 Social Science Chapter 3-Money and Credit Solution

Class 10 Social Science Chapter 3-Money and Credit Solution

Money and credit are two fundamental concepts that play a crucial role in modern economies. Money is a medium of exchange that facilitates transactions and trade, while credit is the provision of funds or resources to individuals, businesses, or governments. This article will explore the functions and characteristics of money and credit, their role in the economy, and the impact of monetary and credit policies on economic activity.

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