Pathik — CBSE Class 6–12 Notes, Worksheets & MCQ Quizzes

 Civics chapter -2 Important questions  Federalism Multiple Choice Questions (MCQs) Q1. Which of the following is a federal country? a) China b) Sri Lanka c) India d) Bangladesh Answer: c) India Q2. What is the basic feature of federalism? a) Power is centralised in one authority b) Power is divided among different levels of government c) The judiciary is controlled by the legislature d) Citizens do not participate in governance Answer: b) Power is divided among different levels of government Q3. Which level of government in India can make laws on subjects in the Concurrent List? a) Union government only b) State government only c) Both Union and State governments d) Local government only  Answer: c) Both Union and State governments Q4. Which article of the Indian Constitution mentions the distribution of power between Union and States? a) Article 356 b) Article 370 c) Article 1 d) Article 246  Answer: d) Article 246 Q5. What system of power-sharing is called ‘horizo...

 Economic Chapter - 3 Money and Credit MCQs 1. Which of the following is a modern form of money? a) Grains b) Gold c) Silver d) Cheque 2. Which organization issues currency notes on behalf of the central government in India? a) State Bank of India b) Reserve Bank of India c) Punjab National Bank d) Ministry of Finance 3. Which one of the following is the main source of income for banks? a) Deposits from customers b) Loans given by RBI c) Interest on loans given to borrowers d) Interest on deposits 4. Which among the following is an informal source of credit? a) Bank b) Cooperative Society c) Moneylender d) Self-Help Group 5. What is the main reason why banks demand collateral while giving loans? a) To ensure repayment b) To earn profit c) To check black money d) To reduce lending 2 or 3 Mark Questions What is barter system? Why was it replaced by money? What is Double Conincidence of want? Define Demand Deposits. Define Cheque. How does it differ from a currency note? What is colla...