10th Class Social Science Money and Credit Question Bank 10th CBSE Social Science Money and Credit

  • question_answer
       Suppose you have won a big cash prize in a contest. If your parents ask you to deposit this sum as a fixed deposit in a bank, what values are parents having, which prompted them to give you this advice?     

    Answer:

                      The values exhibited by the parents are (i)They are showing their care for you and responsibility for your future. (ii) They are showing their awareness about money management and the modern banking system. (iii) They are showing their understanding about the value of money.


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