Savings, Investments and Banking

Home Science · Chapter 6 · 3. Resource Management

Not started Not started

Your path through this chapter

Visual lesson Coming soon
Short slides, one idea at a time. We are preparing this chapter's lesson.
Notes Coming soon
Clear chapter notes for quick revision.
Flashcards Coming soon
Quick recall of key terms and facts.
Practice Coming soon
Board-style questions with instant checks.
Chapter test Free
Short and long chapter tests in board pattern, with results and analysis.
Step 5: Not started

Importance of savings and investments for a family
Banks: concept and functions; savings, current, recurring and fixed deposit accounts - features and limitations
Online banking and NEFT: meaning, advantages and disadvantages
Operating a bank account: opening an account, types of cheques, deposit slip, demand draft, ATM, debit and credit cards, educational loans
Post office savings, recurring and fixed deposit schemes - features and limitations
Life and health insurance; shares and debentures (concept only)