BANKING_FINANCIAL LITERACY

Recognized medium of exchange in the economy.

• Account

• Money

• Currency

• Bank

Financial institution which acts as a custodian

of money deposited by account holders

• School

• Bank

• Agency

• Currency

Identify as need or want: Burger

• Need

• Want

First Bank of India

• Imperial bank of india

• Bank of Baroda

• ICICI BANK

• Union Bank of India

Functions performed by Commercial bank:

• Printing of currency

• Banker to government

• loan to public

• Monetary policy formation

Central Bank of India

• State bank of India

• Reserve Bank of India

• Union Bank of India

• Bank of Baroda

• NEED

• WANT

Identify the picture

• Barter

• Currency

• Electronic Money

• Crypto currency