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Unit 4 Ch 3 : Money and Credit — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 3 : Money and Credit1 Mark
Question
What are the main ‘terms of credit’?
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Answer

Interest rate, collateral and documentation requirement and the mode of repayment together comprise what is called ‘terms of credit’.

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