UKG Exam > UKG Notes > Maths for UKG > Concepts of Money
Concepts of Money | Maths for UKG PDF Download
Introduction
In this chapter, we will explore the different types of money we use in India. Money helps us buy things we need and want. We will learn about coins and notes and even see pictures of them to help us recognize them easily.
Lesson 1: Coins
Coins are small, round pieces of metal that we use for buying things.
Here are some common Indian coins:
- One Rupee Coin
Color: Silver
- Two Rupees Coin
Color: Silver and Gold - Five Rupees Coin
Color: Silver and Gold - Ten Rupees Coin
Color: Silver and Gold - Twenty Rupees Coin
Color: Silver and Gold
Lesson 2: Notes
Notes are like big pieces of paper money. They come in different colors and have pictures of famous people and symbols on them.
Here are some common Indian notes:
- Ten Rupee Note
Color: Orange - Twenty Rupee Note
Color: Green - Fifty Rupee Note
Color: Pink - One Hundred Rupee Note
Color: Lavender - Two Hundred Rupee Note
Color: Bright Yellow - Five Hundred Rupee Note
Color: Stone Gray - Two Thousand Rupee Note
Color: Magenta
Summary
In this chapter, we learned about the different coins and notes used in India. Coins are small and made of metal, while notes are like big paper money. Remember to look at the pictures and colors to recognize them easily when you use them for buying things. Money is essential, so take good care of it!
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FAQs on Concepts of Money - Maths for UKG
| 1. What are the different types of currency in the UK? |  |
Ans. In the UK, the two main types of currency are coins and notes. Coins are used for smaller denominations, such as 1 penny, 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, 1 pound, and 2 pounds. Notes, on the other hand, are used for larger denominations, such as 5 pounds, 10 pounds, 20 pounds, and 50 pounds.
| 2. What are the denominations of coins in the UK? | |
Ans. The UK has several denominations of coins. The lowest denomination is 1 penny, followed by 2 pence, 5 pence, 10 pence, 20 pence, 50 pence, 1 pound, and 2 pounds. Each denomination has a distinct design and size, making it easy to differentiate.
| 3. What are the denominations of notes in the UK? | |
Ans. In the UK, there are four denominations of notes in circulation. These include 5 pounds, 10 pounds, 20 pounds, and 50 pounds. Each note features a different design and color, making them easily distinguishable. The higher the denomination, the larger the note size.
| 4. Can I use coins and notes interchangeably in the UK? | |
Ans. Yes, both coins and notes are accepted as legal tender in the UK. However, it is important to note that some businesses may have restrictions on accepting large amounts of coins due to practicality reasons. It is always advisable to check with the specific establishment beforehand.
| 5. Are there any special designs or features on UK currency? | |
Ans. Yes, UK currency often features special designs and security features. For example, some coins have commemorative designs, celebrating special events or anniversaries. Notes also have security features, such as holograms, raised print, and watermarks, to prevent counterfeiting. These features make UK currency unique and secure.
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Oct 30, 2024 Last updated |
Document Description: Concepts of Money for UKG 2024 is part of Maths for UKG preparation.
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