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Chapter 13 of 13
Revision Notes

Money — Revision Notes

ICSE · Class 1 · Mathematics

Money revision notes for ICSE Class 1 Mathematics: 3 topics in quick points. Part of the ICSE Class 1 Mathematics syllabus.

93 questions30 flashcards3 concepts

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Key Topics to Revise

1

What Is Money?

  • Money is used to buy things we need or want.
  • In India, the currency is called Rupee (symbol: ₹).
  • Money comes in two forms: coins and currency notes.
2

Types of Coins and Notes

  • Common coins: ₹1, ₹2, ₹5, ₹10, ₹20
  • Common notes: ₹10, ₹20, ₹50, ₹100, ₹200, ₹500
  • Each coin and note has a number showing its value.
3

Using Money in Daily Life

  • We use money to buy food, toys, books, and clothes.
  • Parents use money to pay school fees and bills.
  • We should save money for future needs.

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Full Notes

Key Concepts

Coins are made of metalCurrency notes are paper moneyMoney is used to buy goods

Frequently Asked Questions

What are the important topics in Money for ICSE Class 1 Mathematics?
Key topics in Money include What Is Money?, Types of Coins and Notes, Using Money in Daily Life. Study these first, then practise questions on each for Class 1 exams.
How should I revise Money for Class 1 exams?
Learn the core ideas first, then work through the 93 practice questions on Money. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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