Chapter- 28                 All about Money


1️⃣ Q: Why do we need money?

A: We need money to buy things and to pay people who work for us.


2️⃣ Q: What is the lesson about?

A: It is about money and its types.


3️⃣ Q: What question is asked about money in the text?

A: “What is money?” and “Who invented money?”


4️⃣ Q: In what form do we see money today?

A: In the form of coins and notes.


5️⃣ Q: What is currency?

A: Currency is cash money (coins and notes).


6️⃣ Q: Name two broad kinds of money mentioned.

A: Coins and Notes.


7️⃣ Q: What are cash coins?

A: Coins that are used as money.


8️⃣ Q: Name the lowest coin mentioned in the picture.

A: A fifty-paise coin.


9️⃣ Q: Name a one-rupee coin.

A: It is a coin worth one rupee.


🔟 Q: What is the value of the highest coin shown?

A: A ten-rupee coin.


1️⃣1️⃣ Q: Give an example of a five-rupee coin.

A: A coin worth five rupees.


1️⃣2️⃣ Q: What is a five-rupee note?

A: A paper note worth five rupees.


1️⃣3️⃣ Q: Mention one note between 5 and 50 rupees.

A: Twenty-rupee note.


1️⃣4️⃣ Q: Write the name of a fifty-rupee note.

A: A fifty-rupee note.


1️⃣5️⃣ Q: Which note comes after 50 rupees?

A: A hundred-rupee note.


1️⃣6️⃣ Q: Which note has the value of ₹100?

A: A hundred-rupee note.


1️⃣7️⃣ Q: What is a two-hundred rupee note?

A: It is a note worth 200 rupees.


1️⃣8️⃣ Q: Name a note with three digits (hundreds).

A: Five hundred rupees.


1️⃣9️⃣ Q: What is a 500-rupee note?

A: A note worth five hundred rupees.


2️⃣0️⃣ Q: Name the highest-value note shown.

A: A two-thousand-rupee note.


2️⃣1️⃣ Q: What does the text say about coins and notes of India?

A: These are the coins and notes we use in India.


2️⃣2️⃣ Q: Do all countries use the same money?

A: No, different countries use different coins and notes.


2️⃣3️⃣ Q: What is money known by in different countries?

A: It is known by different names.


2️⃣4️⃣ Q: Does a QR code appear in the textbook image?

A: Yes, there is a QR code printed at the top right side.


2️⃣5️⃣ Q: What symbol is printed to show Indian rupees?

A: The rupee symbol ₹.


2️⃣6️⃣ Q: What is the main idea of the page?

A: To explain what money is and the types of money we use.


2️⃣7️⃣ Q: What material money is shown – paper or digital?

A: Paper notes and metal coins (cash money).


2️⃣8️⃣ Q: Why do children learn about money?

A: To understand its use in daily life for buying and paying.


2️⃣9️⃣ Q: Which form of money is heavier – a coin or a note?

A: A coin.


3️⃣0️⃣ Q: Which costs more – a ten-rupee coin or a five-rupee note?

A: A ten-rupee coin.

Answer by Dimpee Bora