A Textbook of Financial Literacy Class 7 (Skill Education- Code 904) for CBSE 2024-25

The book Financial Literacy will enhance the knowledge base of students in terms of financial literacy. They will come to know about the basic financial concepts early methods of a transaction and the evolution of trade. The book emphasises the importance of collaboration and focuses on the need of a team. It presents the origin of banking the transition from coins to paper money types of bank and major operations and services carried out by modern banks. Moreover the book emphasises the role and importance of the Reserve Bank of India and the Government of India. It gives learners insight into the introduction of the digital payments and the various benefits of these services. The learners will also come to know about the different kinds of bank cards and their utility in our day-to-day life. The book introduces about the PoS mPoS and ATM machines. Further knowing about the modes of digital payments the students will learn about the role of UIDAI and the importance of Aadhaar and Aadhaar Enabled Payment System. In a whole every effort is made in the book to enrich the financial knowledge of learners in the light of the functioning of modern banks.