Hello, I made this project in 2 hours for my friend. Please go through this and give your feedback so that I can improve. ~Harsh

1. MONEY AND CREDIT
-SUJAL YADAV

2. INTRODUCTION
• Importance of Money:
1) To satisfy the human needs.
2) Medium of exchange.

3. WHY IS MONEY?
• Money can be easily exchanged against any commodity or
service.
• Transaction takes place quickly.
• Each commodity and service has fixed value in terms of
money.

4. BARTER SYSTEM
• Meaning : When goods and
services were exchanged without
use of money.
• Difficulties :
• (a) Double coincidence of wants.
• (b) Time consuming.
• (c ) No fixed monetary value of
things.

5. AFTER BARTER
SYSTEM
THINGS LIKE GRAIN, CATTLES AND PRECIOUS
COINS WERE USED AS MONEY.

6. MODERN FORMS OF MONEY
o Currency notes and coins
o Debit, credit cards.
o Cheques and e-banking.

7. RESERVE BANK OF INDIA (CENTRAL BANK OF INDIA)
• To issue the currency notes and coins on behalf of Central Govt of India.
• To check the activities of other banks.
• To give general instructions to other banks, like keeping cash balance, giving loan to all on equal basis.

8. .
• ..

9. BANK AS MEDIATOR BETWEEN
DEPOSITOR AND BORROWER

10. LOAN ACTIVITIES OF BANKS
• Terms and Conditions of bank loan:
• Loan Amount
• Duration of loan.
• Documents required.
• Interest Rate.
• Mode of re payment.
• Colateral.
• Guaranteer.

11. TWO SECTORS OF CREDIT IN INDIA
Formal Sector
Commercial banks and coperative societies
Informal Sector
Money lenders , landlords, traders, relatives and
friends and others.

12. WHY FORMAL SECTOR NEEDS TO EXPAND ITS LOAN
FACILITIES:
• Necessary for everyone to receive loans.
• Equal development of all.
• To overcome the exploitation of money lenders.
• Economic Development of Country.

13. SELF HELP GROUPS FOR POOR
• Benefits:
• Low rate of interests.
• No colateral.
• Decision making authority.
• Loan facility for variety of purposes.
• Women became financially self reliant.
• Platform to discuss social issues.

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