CBSE 2025 · Region 2 · Set 1 · Q36 · 4 marks

Read the given source and answer the questions that follow : Arun supervises the work of one farm labourer. Arun has seven acres of land. He is one of the few persons in Sonpur to receive bank loan for cultivation. The interest rate on the loan is $\displaystyle 8$⋅$\displaystyle 5$ per cent per annum, and can be repaid anytime in the next three years. Arun plans to repay the loan after harvest by selling a part of the crop. He then intends to store the rest of the potatoes in a cold storage and apply for a fresh loan from the bank against the cold storage receipt. The bank offers this facility to farmers who have taken crop loan from them. ($\displaystyle 36.1$) Under which source does Arun's loan come? ($\displaystyle 36.2$) Mention one important term of credit for taking a loan from the bank. ($\displaystyle 36.3$) How is Arun's loan beneficial ? Explain any two reasons.

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.