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Social Science · 2022 · 3 marks
CBSE 2022 · Region 4 · Set 1 · Q8
Explain the three important 'terms of Credit'.
Marking-scheme solution
(i) Interest rate
(ii) Collateral
(iii) Documentation requirement
(iv) The mode of repayment
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CBSE Class 10 Social Science past-paper question from the 2022board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.