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WELCOME
NAME : SREELEKSHMI S. L. 
SUBJECT : SOCIAL SCIENCE 
COLLEGE : NEW B.ED. COLLEGE NELLIMOODU 
CANDIDATE CODE : 169/13376033
TOPIC : SUBSTITUTE FOR MONEY
Exchanging money soon became a big 
problem in trading activities. These 
problems were solved through banks. The 
draft & cheques issued by the bank can be 
used as money.
TRADE 
Trade is the continuous process 
of the exchange of commodities 
& Services. Trade is two type 
Domestic trade & international 
trade.
NEW METHOD OF SUBSTITUTE FOR MONEY 
• Demand draft (DD) 
• Cheques 
• ATM/Debit Card
DEMAND DRAFT 
Demand Draft is a document given by 
the banks in return for the money 
remitted by individuals or firms. The 
D.D. can be cashed with the help of 
banks.
CHEQUE 
Cheque is document given by the banks to 
the account holders. This can be used by the 
account holder to withdraw money or give to 
others instead of money. The person who 
receives the cheque can enchash it from the 
account of the given with the help of the bank
ATM/DEBIT CARDS 
Automatic teller Machines (ATMs) are mini 
banks with no staff. To customers can 
withdraw money from their account through 
these machiens at any time. ATM/Debit card 
are the medium used for this. This plastic 
card bears a unique number for the holders.
THANK YOU

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Welcome File

  • 2. NAME : SREELEKSHMI S. L. SUBJECT : SOCIAL SCIENCE COLLEGE : NEW B.ED. COLLEGE NELLIMOODU CANDIDATE CODE : 169/13376033
  • 3. TOPIC : SUBSTITUTE FOR MONEY
  • 4. Exchanging money soon became a big problem in trading activities. These problems were solved through banks. The draft & cheques issued by the bank can be used as money.
  • 5. TRADE Trade is the continuous process of the exchange of commodities & Services. Trade is two type Domestic trade & international trade.
  • 6. NEW METHOD OF SUBSTITUTE FOR MONEY • Demand draft (DD) • Cheques • ATM/Debit Card
  • 7. DEMAND DRAFT Demand Draft is a document given by the banks in return for the money remitted by individuals or firms. The D.D. can be cashed with the help of banks.
  • 8. CHEQUE Cheque is document given by the banks to the account holders. This can be used by the account holder to withdraw money or give to others instead of money. The person who receives the cheque can enchash it from the account of the given with the help of the bank
  • 9. ATM/DEBIT CARDS Automatic teller Machines (ATMs) are mini banks with no staff. To customers can withdraw money from their account through these machiens at any time. ATM/Debit card are the medium used for this. This plastic card bears a unique number for the holders.