MONEY AND CREDIT

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Across
  1. 2. Deposits with banks
  2. 4. mediate between depositors and borrowers
  3. 5. An asset that the borrower owns and use this as a guarantee to a lender until the loan is repaid.
  4. 7. Formal sector of credit
  5. 8. Paper instructing the bank to pay a specific amount from the person's account to the person in whose name the instruction has been issued
  6. 11. People take loans
  7. 13. Modern forms of currency
Down
  1. 1. an agreement in which the lender supplies the borrower with money, goods or services in return for the promise of future payment.
  2. 3. Informal sector of credit
  3. 6. Double coincidence of wants
  4. 9. people make deposits
  5. 10. Issue currency
  6. 12. Currency of India