Pocket Money - SEBI Investor Awareness Website - Securities and ...
Pocket Money - SEBI Investor Awareness Website - Securities and ... Pocket Money - SEBI Investor Awareness Website - Securities and ...
Payee: ____________________________________________________________________________________.Theory-WiseTwo parallel transverselines across the faceof a check is called a'crossing'. And wherea check is crossed, thebanker on whom it isdrawn shall not pay itotherwise than to abanker.– NegotiableInstrument ActDrawee Bank and Branch: ____________________________________________________________________Chetan: So, Mom, you mean I can go to the neighborhoodbank and get cash from them?Can Chetan get cash from the bank in exchange of thischeque?____________________________________________________Chetan: What are those two parallel lines doing there?Mother: That’s called _______; it means that _________________________________________________________ .Mother: The words _______________ written within the parallellines mean that ____________________________________________________ and the bank will not __________against thecheque.So, what does Chetan do now?____________________________________________________Chetan: Why did Grandpa send me an account payee chequein the first place? It is such a big problem for me now.34
What could be the reasons for Chetan’s grandpa sendinga cheque?Chetan: But why did he do the ‘crossing’ thing?________ a cheque and marking it ____________________ensures that only the _________ of the cheque and nobodyelse gets the money.Chetan: But I am not yet 18 years old, that’s why you arenot allowing me to drive the car or get a driving license.How can I open a bank account?Can Chetan open a bank account?Most of the banks allow/do not allow minors above ten/twelve/eighteen years age to open and operate savings bank accountjointly with parents/independently. Therefore Chetan can/cannotopen a bank account.CHETAN GOES TO THE BANKMother: Good morning Miss Varuna, meet my son Chetan.He wants to open an account.35
- Page 2: SESSION IMONEY MATTERS: SMART GOALS
- Page 9 and 10: Reworking required in Sachin's budg
- Page 11 and 12: QRIOSITYTheory-WiseDeficit: Deficit
- Page 13 and 14: Theory-WiseOpportunity cost: Opport
- Page 15: Space for working out the Verma fam
- Page 18 and 19: QRIOSITYA Lemony surpriseOnce upon
- Page 20 and 21: 2. Live it up!!!!What do you think
- Page 22 and 23: PLACE TO BANK ON!!!Bunty has got hi
- Page 24 and 25: oard, 2 ashrafis for the second, 4
- Page 26 and 27: THE GUITAR FEVERDarius is 13 and ha
- Page 28 and 29: Notes:_____________________________
- Page 30 and 31: Q-RIOSITYThis is also a Bank, but c
- Page 34 and 35: Manager: Good morning. What kind of
- Page 36 and 37: How to open a Savings Bank Account
- Page 38 and 39: A BIRD’S EYE VIEW OF A COMMERCIAL
- Page 40 and 41: SECRET PIN (Sample Copy)42
- Page 42 and 43: DEMAND DRAFT REQUISITION FORM (Samp
- Page 44 and 45: Can you guess what this is?________
- Page 46 and 47: SMART PREVIEWStock MarketStock Exch
- Page 48 and 49: QRIOSITYCan you identify this build
- Page 50 and 51: Now, answer the following questions
- Page 52 and 53: Theory-WiseSecurities are financial
- Page 54 and 55: 10. Sensex:________________________
- Page 56 and 57: 16. Demat Account:_________________
- Page 58 and 59: Group: ____________________________
- Page 60 and 61: N. Gas: ___________________________
- Page 62 and 63: SMART PREVIEWMutual fundsInvesting
- Page 64 and 65: QRIOSITYThe triangle of investmentl
- Page 66 and 67: And ultimately they decided to call
- Page 68 and 69: MUTUAL FUNDS : CHOICES GALOREMr. Ma
- Page 70 and 71: EUREKA'S SOLUTIONSMr. Eureka, the f
- Page 72 and 73: Mr. Eureka’s assistant explains:_
- Page 74 and 75: 7. Mr. Roshan Vesuwala: About 30 ye
- Page 76 and 77: freelance fashion designer. Mr. Vis
- Page 78 and 79: SMART PREVIEWIn the next class we s
- Page 80 and 81: Q-RIOSITY“One that goes a - borro
Payee: ____________________________________________________________________________________.Theory-WiseTwo parallel transverselines across the faceof a check is called a'crossing'. And wherea check is crossed, thebanker on whom it isdrawn shall not pay itotherwise than to abanker.– NegotiableInstrument ActDrawee Bank <strong>and</strong> Branch: ____________________________________________________________________Chetan: So, Mom, you mean I can go to the neighborhoodbank <strong>and</strong> get cash from them?Can Chetan get cash from the bank in exchange of thischeque?____________________________________________________Chetan: What are those two parallel lines doing there?Mother: That’s called _______; it means that _________________________________________________________ .Mother: The words _______________ written within the parallellines mean that ____________________________________________________ <strong>and</strong> the bank will not __________against thecheque.So, what does Chetan do now?____________________________________________________Chetan: Why did Gr<strong>and</strong>pa send me an account payee chequein the first place? It is such a big problem for me now.34