Questions

3 Mark Question

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

Question 13 Marks
Visit the Bank
  • Teachers should organise a visit to a bank. Encourage the children to obtain some preliminary information about banks.
  • Help them to fill some bank forms and slips for withdrawals and deposits.
  • If there is no bank nearby, teachers could obtain specimen forms and get the children to fill them in class.
  • Give a demonstration of banking transactions by setting up a mock bank in the school.
  • Invite participation of parents who work in banks or other bank employees to give the children more detailed information about banking.
Answer
SELF
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Question 23 Marks
  1. In the above picture, who are the people shown to be using bank services?
  2. What does the symbol on the bag in the centre stand for?
  3. What do the arrows in the given picture tell you?

Image

Answer
  1. Students, farmers, Women’s savings groups, industrialists / professionals and traders / businessmen are shown to be using bank services.
  2. The symbol on the bag in the center stands for rupees.
  3. The arrows tell us about the monetary transactions taking place. In simple words, it explains the give and take relationship.
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