Skip to main content
Chapter 15 of 24
Formula Sheet

Banking and Credit

NIOS · Class 10 · Economics

All formulas from Banking and Credit in NIOS Class 10 Economics. Key equations, constants, and identities for board exam preparation.

71 questions35 flashcards5 concepts

Interactive on Super Tutor

Studying Banking and Credit? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for formula sheet and more.

1,000+ Class 10 students started this chapter today

5 Formulas · 1 Sections

Formulas

3. Credit Creation

Total Credit = Initial Increase in Deposit × 1/Cash Reserve Ratio

500 = 100 × 1/20%

Cash Reserve = 20% of 500 = Rs.100

Loan Amount = 500 – 100 = Rs.400

100 × 1/10% = 100 × 1/10/100 = 100 × 10 = Rs. 1000

Full sheet with units and worked examples

View All

Frequently Asked Questions

What are the important topics in Banking and Credit for NIOS Class 10 Economics?
Banking and Credit covers several key topics that are frequently asked in NIOS Class 10 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Banking and Credit — NIOS Class 10 Economics?
Understand the core concepts first, then work through the 71 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

For serious students

Get the full Banking and Credit chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for NIOS Class 10 Economics.