Questions

Answer the following questions in detail.

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2 questions · self-marked practice — reveal the answer and mark yourself.

Question 13 Marks
Complete the table of Dos and Don’ts which we should remember while handling money.
Answer
Do’s Don’ts
1.Use money carefully.1. Spend thoughtlessly.
2.Should spend within your means and not be lavish.2.Write, tear or crumple the notes or damage them in any way.
3.Spend mostly for your necessities and comforts.3.Spend on luxuries if you do not have the means.
4.Cut your coat according to your cloth.4.Neither a borrower nor a lender be.

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Question 23 Marks
Ask your parents or other grown-ups to show you some used notes. Observe them carefully. Have they been used properly? Write your observations.
Answer
Observations:
  1. Some notes are torn while others are dirty.
  2. People have scribbled their names and phone numbers on the notes.
  3. There are notes which are stapled or sealed with cello tapes making it invalid.
  4. The notes are crumpled.
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