Proposed Activities for Financial Literacy Class 7

 

Unit 1: Teamwork

  1. Discuss with a friend or elder sibling for further learnings on teamwork
  2. Based on personal observations in a school-based team, enumerate the benefits of teamwork with your classmates in a classroom session

 

Unit 2: Introduction to Financial Literacy

  1. Discuss with parents and seek further information on basic financial concepts
  2. Enlist the various types of banks in India

 

Unit 3: Banking

  1. Enlist the various types of banks in India.
  2. Discuss the working of Banks

 

Unit 4: Security of Banking Transactions

  1. Discuss the role and importance of RBI with your classmates in a classroom session
  2. Discuss the various components with your classmates of digital payments mentioned under the Digital India Initiative

 

Unit 5: Modes of Digital Payments - Card Based

  1. Enlist the types of bank cards in use.
  2. Discuss the benefits of a PoS transaction with your classmates in a classroom session.
  3. Discuss the steps of a cash withdrawal from an ATM with your classmates in a classroom session

 

Unit 6: Modes of Digital Payments - Biometric-Based

Discuss the role and importance of UIDAI with your classmates in a classroom session.

Discuss the steps of cash withdrawal from a micro-ATM with your classmates in a classroom session

 

Unit 7: Modes of Digital Payments - Mobile Based Banking and Others

  1. Discuss the steps involved in making a transaction using online banking with your classmates in a classroom session.
  2. Discuss the various features of the banking app with your classmates in the classroom session.
  3. Enlist the benefits of a popular mobile wallet based on your observation and discussion with a user.

 

Proposed activities for Financial Literacy Class 8

 

Unit 1: Teamwork

  1. Enlist the roles demonstrated by members in a team that you are part of. For example: sports/ house team.

 

Unit 2: Introduction to Financial Literacy

  1. Search on the Internet to identify which organisations provide loans apart from banks.
  2. Discuss with your Social Science teacher to obtain more information about bill/cash memos.

 

Unit 3: Banking

  1. Make a list of public sector commercial banks near your home or school Evolution of Money.

 

Unit 4: Security

  1. Visit https://digitalindia.gov.in/ and make a list of new initiatives launched as part of Digital India.

 

Unit 5: Modes of Card Based Digital Payments 

  1. Observe a banking card with the help of your parents and list down its visual elements.
  2. Visit a nearby supermarket, observe and list down the observations of working of PoS system.
  3. Visit an ATM along with your parents, and list down the facilities provided by ATM.

 

Unit 6: Modes of Biometric Based Digital Payments 

  1. Visit the uidai.gov.in website and compile key aspects about UIDAI.
  2. Research on the internet and list down differences between ATM and Micro ATM.

 

Unit 7: Mobile Based Banking and Other Modes of Digital Payments 

  1. Request your parent to demonstrate an IMPS funds transfer transaction and record your observations.
  2. Discuss with your parent about the benefits they experience with any mobile banking app that they are using.
  3. Explore the use of a mobile wallet under guidance from your parent.

 

Learning Games and Activities for Class 8 Financial Literacy can be accessed for checking your understanding.

 

Proposed Activities and Abbreviations for Financial Literacy Class 6