8th Standard Syllabus & Materials
8th Standard
TN 8th Tamil இயல் 3 - கல்வி கரையில - வினைமுற்று Important Questions And Answers Study Material - QB365 Set A
NEW8th Standard
TN 8th Tamil இயல் 2 - ஈடில்லா இயற்கை - மயங்கொலிகள் Important Questions And Answers Study Material - QB365 Set A
NEW8th Standard
TN 8th Tamil இயல் 2 - ஈடில்லா இயற்கை -பட்டமரம் Important Questions And Answers Study Material - QB365 Set A
NEW8th Standard
TN 8th Tamil இயல் 2 - ஈடில்லா இயற்கை - இயற்கையை போற்றுவோம் Important Questions And Answers Study Material - QB365 Set A
NEW8th Standard
TN 8th Tamil இயல் 1 - தமிழ் இன்பம் - ஆழிக்கு இணை Important Questions And Answers Study Material - QB365 Set A
NEW8th Standard
TN 8th Tamil இயல் 2-ஈடில்லா இயற்கை - திருக்குறள் Important Questions And Answers Study Material - QB365 Set A

Published on: 10/12/2019
Money, Saving and Investments
Download Tamil Nadu 8th Standard Social Science question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Social Science Test

1.
"Money is what money does" defined by
Scitovsky
Sir John hicks
Walker
Robertson
2.
_________ was the main form of money throughout the major pertain of recorded history.
metallic money
commodity money
paper money
near money
3.
The receipt of Goldsmiths became _________
credit money
plastic money
paper money
none of these
4.
________ coin is known as rupiya.
gold
silver
copper
bronze
5.
Pick out the incorrect one: Investment can be made in different vehicle.
Stock
bonds
Mutual fund
Pay tax
6.
Who introduced the paper money?
British
Turkish
The Mugual Empire
Mauryas
7.
Which metals were used for metallic money?
gold
silver
bronze
all the above
8.
Define Money.
9.
When were minted the Indian coins at first?
10.
What is meant by Black Money?
11.
What is Savings and Investment?
12.
Which bank gives to both short term and long term loans?
13.
The word Money is derived from?
14.
Explain the recent forms of money.
15.
Explain the types of bank Deposits.
16.
Write about the evolution of Money?
17.
What are the disadvantages of barter system?
18.
What are the different Investment vehicles?
19.
Write about legislative framework in India against to black money?
20.
What is metallic money?
1.
(c)
Walker
2.
(a)
metallic money
3.
(c)
paper money
4.
(b)
silver
5.
(d)
Pay tax
6.
(c)
The Mugual Empire
7.
(d)
all the above
8.
i) Money is defined by its functions
ii) Anything is money which is used as money.
iii) Money is what money does.
9.
The first time Indian coins were minted in the 6th century BC by the mahajanapadas known as Puranas, karshapanas or panas.
10.
i) Black money is money earned through any illegal activity controlled by court regulations.
ii) The.moneywhich is not paid to the government
11.
Savings:
The part of consumer's disposable income which is not used for current consumption.
Investment:
The process of investing to various investment vehicles
12.
Commercial and Co-operative banks.
13.
The word money is derived from the Roman word "Moneta Juno".
14.
1. Plastic money: The latest type of money is plastic money in the form of credit cards and debit cards.
They aim for cashless transactions
2.E-Money: Electronic money is money which exists in banking computer systems and is available for transactions through electronic system.
3. Online Banking (Net banking): Online banking also known as interest banking is an electronic payment system that enables customers of a bank or other financial institutions to conduct a range of financial transactions through website.
4.E-Banking: E-Banking, also known as national electronic funds transfer (NEFT), simply the use of electronic means to transfer funds directly from one account to another rather than by cheque or cash.
15.
i) Student Savings Account
ii) Savings Deposits.
iii) Current Account Deposit
iv) Fixed Deposits (Term Deposit)
Student Savings Account:
i) Some banks offer savings Accounts specially for young people from schools and colleges.
ii) The main feature is to maintain lower minimum balance (zero).
Savings Deposit:
i) Savings deposits are opened by the customers to save the part of their current income.
ii) The customers can withdraw their money from their account when they require it.
iii) The Bank also gives a small amount of interest to the money.
Current Account Deposit:
i) Current accounts are generally opened by business firms, traders, and public authorities.
ii) It helps in frequent banking transactions
Fixed Deposits:
i) Fixed Deposits accounts are meant for investors who want their principle to be safe and yield then fixed yields.
ii) The fixed deposits are also called as term deposits as, normally, they are fixed for specified period.
16.
i) The word money is derived from Roman word "Moneta Juno
ii) The Indian rupee is derived from the Sanskrit word - Rupya
iii) Today we use paper notes and coins as money.
iv) Many stages of evolution:
Commodity money
Metallic money
Paper money.
Plastic money
Electronic money.
Commodity money:
In the earliest period of human civilization, any commodity that was generally in demand and chosen by common consent was used as money.
eg: Furs, Skins, Salts, Rice, Wheat, Utensils, Weapons, etc.
Metalic money:
With the progress of human civilization, commodity money changed in to metallic money.
Metals like gold, silver, copper were used.
Paper money:
i) It was found inconvenient as well as dangerous to carry gold and silver coins from place to place.
ii) The invention of paper money marked a very important stage in the development of money.
Plastic money:
i) The latest type of plastic money is in the form of Credit cards and Debit cards.
ii) They aim for cashless transactions
E-Money:
Electronic money is a money which exists in banking computer system and is available through electric system.
17.
A barter system is an old method of exchange. This system has been used for centuries and long before money was invented. People exchanged services and goods in return.
Disadvantages:
i) Lack of double coincidence of wants.
ii) Common measure of value.
iii) Indivisibility of commodities.
iv) difficulties of storing wealth.
18.
The different Investment vehicles are
i) Stock
ii) Mutual Funds
iii) Insurance
iv) Bond
v) Commodity Futures
vi) Annuities
vii) Deposit account or any other securities or assets
19.
i) Prevention of money laundering act 2002
ii) Lokpal and Lokayukta act
iii) prevention corruption act - 1988
iv) The undisclosed foreign Income and Asset bill (Imposition of Tax) 2015
20.
i) With progress of human civilization, commodity money changed into metallic money.
ii) Metals like gold, silver, copper, etc were used as they could be easily handled and their quantity can be easily ascertained.
iii) It was the main form of money throughout the major portion of recorded history.
8th Standard Syllabus & Materials
8th Standard
TN 8th Tamil இயல் 3 - கல்வி கரையில - பாடறிந்து ஒழுகுதல் Important Questions And Answers Study Material - QB365 Set A
NEW8th Standard
TN 8th Tamil இயல் 3-கல்வி கரையில - பல்துறைக் கல்வி Important Questions And Answers Study Material - QB365 Set A
NEW8th Standard
TN 8th Tamil இயல் 3-கல்வி கரையில - புத்தியைத் தீட்டு Important Questions And Answers Study Material - QB365 Set A
NEW8th Standard
TN 8th Tamil இயல் 2 - ஈடில்லா இயற்கை - தமிழர் மருத்துவம் ( நேர்காணல்) Important Questions And Answers Study Material - QB365 Set A
Tamilnadu Stateboard 8th Standard Subjects
Tamilnadu Stateboard Standards