GUIDE : CREDIT CARDS : RUPEETIMES.COM
The Old Man Monetary
An adventure story about a young boy Arth, how he traces the evolution of money and finds out its importance.
The Return
« Previous    Next »
The Return
By Neelima Shankar

The Return

"Arth, I am calling you, why are you not answering me", his mother said as she walked into his room. Arth had slipped back into his chair, just in time. Seeing Arth sitting at the computer, she complained. "Whenever, you sit at the computer I feel you go into another world".

"I feel like that too", Arth said, smiling to himself. "Here, be useful for a change". Saying this his mother handed him a bill. "Today is the last day for paying the electricity bill and the office is closed. But Daddy says it is possible to pay the bill through the computer. I don't understand. How can you send money through the computer?" his mother said.

Arth wondered too. Usually, he would not have paid attention to the matter. But now, it was almost as if he could hear the Old Man saying "Remember, Remember". He now understood, that a promise was a promise.

He switched on the computer and went onto the site for payment of bills. Within minutes, he had worked it out. It wasn't as if actual notes or coins were being sent through the computer, but numbers that gave permission to the electricity company to withdraw money from their bank, to pay the electricity bill.

 

The Old Man Monetary is copyright of Reserve Bank of India and is posted here in public interest and to spread banking awareness among kids.

« Previous    Next »
TABLE OF CONTENTS
Letter From The Old Man Of Monetary
Arth Has A Visitor
Uruk & Arth Meet The Old Man Of Monetary
In The City Of Ur
The Tongue Of Flame
Double, Double, Toil & Trouble
The Case Of The Standard Commodity
The Coin Drops…
The Colour Of Money
The Return
The Return
The Return Page 2
Arth’s Work Book

COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
An analysis of prepaid travel cards
Importance of reviewing your credit report
Internet banking: does it put your money...
Is the economy facing a debt trap?
Carnival of Indian Personal Finance Blogs #5

NEWS THIS WEEK
RBI accedes with banks’ on third party ATMs Feb 9, 2012
RuPay debit card set to be launched in March Feb 7, 2012
Logica India developing payment system for rural Banks Feb 7, 2012
ATM card launched by Mahesh bank Feb 6, 2012
New bellwether appointed at Standard Chartered India Feb 3, 2012
News Archive