26. Savings -accountSavingsaccount
An savingsaccount used to deposit money in the
bank.
bank havecertain rulesfor theminimum balance
which hasto beheld in theaccount.
Thisaccount givesinterest for themoney held in the
account.
Money can beadded or withdrawn at any timefrom
thisaccount.
29. ATM /Debt cards and Credit cards.Thesearebasically issued by banksto personswho
havean account with them.
An ATM card givesyou accessto your bank savings
and current account 24 hoursaday, 7 daysof the
week.
Therearetwo typesof cardsthey arethe
Debit and credit cards.
38. You know thereareidentification marksin aIndian
rupeenotethat will help blind peoplein identifying
thenotes.
It isusually represented by araised black circleOR
triangle
Haveweever looked closely at acurrency noteor
acoin?
39. Haveyou heard of theword Security Thread in anote?
It isasecurity featurein notesto protect against
FORGERY/MAKING OF FAKE NOTES
It consist of aribbon which isthreaded through the
paper .
Theribbon isusually madeup of metal foil or plastic
and usually hassometext or numbersengraved on it.
40.
41.
42. Bartering worked for many yearsuntil it wasno longer
convenient to trade.
After bartering, metal becamethemost popular form of
money in most of Europeand Asia.
Peopleused gold, silver, and copper asmoney becausethey
werepretty and hard to get.
50. RBIstands for?
a) ReserveBoard of India
b) ReserveBank of India
c) RatesBoard of India.
A savings account is
a) Whereyou keep your money
b) A special kind of piggy bank
c) A placeto put your shoes
d) A bunch of grapes
51. Kidsnext timeyou look at money remember that it
hasavery interesting history behind it.
