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Social Science (087) — AI-generated practice question

AI-generated practice question — model-generated for extra practice, not a previous-year CBSE board question.

Q1. [1] straightforward initial-understanding
Which of the following is an informal source of credit? (A) Commercial bank (B) Cooperative society (C) Moneylender (D) Reserve Bank of India
  1. A Commercial bank
  2. B Cooperative society
  3. C Moneylender
  4. D Reserve Bank of India
Generated by claude-sonnet-4-6 · 2026-06-26 13:21 · grounding rag
Model Answer

(C) Moneylender

Moneylenders belong to the informal sector of credit, which also includes traders, employers, relatives and friends. Banks, cooperative societies, and the RBI are all part of the formal sector.

Explanation

The textbook clearly distinguishes: formal sources = banks, cooperatives (supervised by RBI); informal sources = moneylenders, traders, employers, relatives/friends (no regulatory supervision). RBI supervises only formal lenders. For MCQs, simply write the option letter and the answer — one line is sufficient.

Previous-year CBSE Grade 10 board exam questions, organised by subject and chapter, each with a model answer — free to read and print.