Chapter 87.5Economic Applications (87)ICSE · Class X · examination 2027
Topics
Money
Functions of money
Types and effects of inflation
Banking
Functions of commercial banks
Functions of the RBI
Quantitative and qualitative credit control
Learning objectives
Explain how the RBI uses credit control to manage inflation.
Labs for this chapter are on the way
We are building worlds, labs and stories for Money and Banking: Basic Concepts. Meanwhile, practise its questions or explore the rest of Social Science.