Life Skills, Project and activity

Social Science : Economics

MONEY AND CREDIT

VII. Project and activity (For students)

1. Visit a local museum and collect information about the coins displayed there.

2. Imagine you are going abroad for a Post Graduation course in architecture.

Write a letter to the Branch Manager regarding an education loan.

VIII. Life Skills

1. Observe at a 20 rupee note. What is written on it?

20 rupee note:

• Number is printed up and down in one side.

• Right side Gandhi's head image is printed.

• The word "RESERVE BANK OF INDIA" is printed in the middle.

• The promise and the signature of the Governor is there.

• I symbol is in the front and back side.

• Government emblem is printed.

• The value is printed in 15 languages.

• Natural scenery is printed there. 

2. Prepare a family budget for a month. Family Budget for the month of ….

Income : Salary 32000

Expenditure:

Grocery - 8000

 Milk - 2000

 Education - 6000

 Medicine - 2000

 Newspaper - 250

 Entertainment - 1000

 Petrol - 2000

 Transport - 3000

 Savings - 4000

 Vegetables - 2000

 Other expenses - 1750

Expenditure Total: 32000