& CREDIT ₹
CLASS 10 • ECONOMICS • CHAPTER 3
₹
The complete NCERT-first board master
guide
EXCHANGE → BANKING → CREDIT →
DEVELOPMENT
CLASS 10 ECONOMICS • MONEY & CREDIT 01
,How to use this PPT
Read → recall → attempt the quiz → revise the answer frameworks.
PASS 1 • UNDERSTAND PASS 2 • LOCK KEYWORDS PASS 3 • EXAM MODE
Follow the stories and Learn definitions, Attempt PYQs and quizzes
diagrams. Do not comparisons, chains and without looking at the
memorise isolated words NCERT examples. answer.
yet.
CLASS 10 ECONOMICS • MONEY & CREDIT 02
,NCERT subtopic map
The chapter is organised around these exact major sections in the textbook.
SECTION 01 SECTION 02
Money as a Medium of Exchange Modern Forms of Money
SECTION 03 SECTION 04
Loan Activities of Banks Two Different Credit Situations
SECTION 05 SECTION 06
Terms of Credit Formal and Informal Sources of Credit
SECTION 07
Self-Help Groups for the Poor
CLASS 10 ECONOMICS • MONEY & CREDIT 03
, 1 • Money as a Medium of Exchange
The chapter begins with everyday transactions and asks why money is preferred.
BARTER SYSTEM MAIN DRAWBACK
Goods are directly exchanged for goods Both sides must want exactly what the
without using money. other has.
Example: a farmer gives wheat in This is called DOUBLE COINCIDENCE OF
exchange for shoes. WANTS.
CLASS 10 ECONOMICS • MONEY & CREDIT 04