Money and Credit

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Across
  1. 1. In India, who is responsible for issuing currency notes?
  2. 5. In India, the law legalizes the use of …………. as a medium of payment that cannot be refused in settling any transaction?
  3. 6. An asset that the borrower owns and uses as a guarantee to repay the loan refers to?
  4. 8. A paper instructing the bank to pay a specific amount from one account to another refers to?
  5. 9. _____ help in pooling the savings of their members, who are poor women to meet their credit needs?
Down
  1. 2. In which country is the Grameen Bank meeting the credit needs of over 6 million poor people?
  2. 3. Which is the main source of credit for the rich households?
  3. 4. Taking loans from informal sources usually leads to a __ trap?
  4. 7. In a SHG, who primarily makes decisions regarding savings and loan activities?
  5. 8. Farmers usually take __ loans at the beginning of the season and repay the loan after harvest.