Rani is planning her wedding with her fiancé Imran in May. They are each saving Rs. 15,000 per month for the wedding. Imran wants to open a joint checking account for them, but Rani does not want another account as she already has a savings and checking account. Rani is worried that if they have a joint account, Imran may question her withdrawals or deposits. Imran thinks Rani does not trust him, and says they cannot get married if she does not trust him.

1. Name: ______________ Sub: ______________ Class: _____________
Rollno: _____________ Worksheet #: _______ Date: _____________
________________________________________________________________
Bank Account
A. Reading:
Rani is planning her marriage. She and her
fiancé plan to get marriedin May, and they are
each saving Rs.15000amonth for the
wedding. Imran, her fiancé wants to opena
joint checking account in both of their names,
but Rani said no. she likes having her own
bank account, she has a savings account and a
checking account, and she doesn’t want
another account. Imran is careful withhis
money, and if she opens a bank account with
him, he might ask her to explainwhy she
withdrewmoney from the account. He might
evenask her why she didn’t deposit enough
money intotheir account. Imran thinks that Rani doesn’t trust him. He said they
can’t get marriedif she doesn’t trust him.
B. True/False
1. _________ Imran is Rani’s fiancé.
2. _________ Rani has a checking account and a savings account.
3. _________ Rani has an ATM card.
4. _________ Imran is careless inspending money.
5. _________ When you withdrawmoney from a bank account the balance
goes up.
C. Yes/No – What about you?

2. 1. _________ I am 18 years old.
2. _________ I have a saving account.
3. _________ I am careful withmoney.
4. _________ there is a bank near my house.
5. _________ I don’t like tolendpeople money.
D. Answer the questions givenbelowinyour own words.
1. What is the name of Rani’s fiancé?
________________________________________________________
2. How much money they are saving and why?
_____________________________________________________________
_____________________________________________________________
3. What account do Imran want to open?
________________________________________________________
4. Why Rani doesn’t want to openthe account withImran?
________________________________________________________
5. Is Rani careless withmoney? Sothat she doesn’t want an account with
Imran. Reasonyour answer how did you get the idea?
________________________________________________________
________________________________________________________
________________________________________________________
6. “Being careless withmoney”canbe a reason to break the relationship.
Give your opinion.

3. ________________________________________________________
________________________________________________________
_____________________________________________________________
_____________________________________________________________
E. Matchthe terms withtheir meanings.
i. bank account (__________)
ii. withdrawal of money (__________)
iii. deposit (__________)
iv. fiancé (__________)
v. saving account (__________)
vi. checking account (__________)
vii. transaction (__________)
Answers:
a) An arrangement witha bank which allows you tokeepyour money in the
bank and to take some out when you needit.
b) a personal bank account which you can take money out of at any time
using your cheque book or cash card.
c) A piece of business that changes the finances of a company.
d) A man to whom a girl is engagedto be married.
e) A sumof money which is in a bank account.
f) a bank account witha limited number of transactions per month
g) An amount of money that you take from your bank account.
Prepared by Ms IshratKhan
The PinnacleSchool