CBSE 2025 · Region 4 · Set 3 · Q33 · 5 marks
Analyse the role of banks in the economy of the Country.Analyse the role of Self Help Groups in the development of rural areas in India. $\displaystyle \boldsymbol{(} \mathbf{4} \boldsymbol{\times} \mathbf{5} \boldsymbol{=} \mathbf{2 0} \boldsymbol{)}$
Analyse the role of banks in the economy of the Country.
Analyse the role of Self Help Groups in the development of rural areas in India. $\displaystyle \boldsymbol{(} \mathbf{4} \boldsymbol{\times} \mathbf{5} \boldsymbol{=} \mathbf{2 0} \boldsymbol{)}$
Marking-scheme solution
(i) Providing financial assistance or loans for various economic activities.
(ii) Promoting saving habits of the people.
(iii) Mediating between those who have surplus funds (depositors) and those who need funds (borrowers).
(iv) Payment of interests on deposits made by the people.
(v) Acting as a caretaker of excess money in the hands of the people.
(vi) Promoting economic growth in the country.
(vii)
(B) Analyse the role of Self-Help Groups in the development of rural areas in India.
(i) SHG is an organization which works with the rural poor especially women.
(ii) It usually consists of $\displaystyle 15$-$\displaystyle 20$ members belonging to one neighbourhood.
(iii) They meet and save regularly.
(iv) Saving per member varies from Rupees $\displaystyle 25$ to $\displaystyle 100$ or more depending on the ability of the people to save.
(v) Members can take small loans from the group to meet their needs at a very low rate of interest.
(vi) If the group is regular in savings, it becomes eligible for availing loans from the bank.
(vii) Loan is sanctioned in the name of the group to create self- employment opportunities for the members.
(viii) The decisions regarding savings and loan activities are taken by the group members.
(ix) The group is responsible for the repayment of the loan.
(x) Any case of non-repayment of loan by anyone-member, other members follow it up seriously.
(xi) They get loans even without collateral from the banks.
(xii) SHG is also a platform to discuss and act on various social issues such as health, nutrition, domestic violence etc.
Money and CreditFormal Sector Credit in IndiaAnalyselong_answermedium
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CBSE Class 10 Social Science past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.