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WELCOME
NEW B.ED COLLEGENELLIMOODU
NAME OF STUDENT : SELMAROSELET
REGISTER NUMBER : 169/13376030
NAME OF THE TOPIC : MONEY
STANDARD : VIII
Money came into existence as a means to overcome the shortcomings of barter system
Money enabled people to buy and sell anything. They amassed wealth in the form of money. Money helped in valuing things and services.
Numismatics is the study of coins. It is also called Numismatology. This branch of study is concerned with the collection and scientific study of coins, modals and paper currency.
The first coin is the Lydian Lion of B.C. 673. Other oldest coins are Daric of Persia, Hectai of Asia Minor and all of Athens.
The currency notes are differ from coins in many ways.1.Material used2.Value3.Changes according to the
increase in value4.Agency responsible for
printing
In all nations, the duty to print the currency and to control the currency system is vested with the Central Banking Agencies. Our Central Bank is the Reserve Bank of India R.B.I.
The Reserve Bank of India was established in 1935 by the British Government. It was officially declared as the Central Bank of India in 1949.
REVIEW
1. STUDY OF COINS KNOWN AS ?2. THE FIRST COIN OF WORLD?3. WHAT IS BARTER SYSTEM?4. NAME OF OUR CENTRAL BANK?5. WHEN DID RESERVE BANK OF
INDIA ESTABLISHED ?
FOLLOW UP ACTIVITY
PREPARE A SEMINAR ON RESERVE
BANK OF INDIA AND ITS ACTIVITIES
THANK YOU