Money and credit
Across
- 1. The term used for a loan provided by a bank.
- 2. The concept of exchanging money for goods and services in the economy.
- 3. The type of money that is backed by physical assets like gold.
- 6. A type of currency used for transactions in the economy.
- 7. A book in which transactions of a bank account are recorded.
- 9. It refers to an agreement to repay borrowed money in installments.
Down
- 1. An organization that lends money to individuals or businesses.
- 4. The process of taking money from the bank in exchange for goods or services.
- 5. The term used when someone borrows money and agrees to return it later with interest.
- 8. The central bank of India, responsible for regulating the currency and credit system.