Definition 1 of 1
No, this is not a pencil that pokes its nose into someone else's business. Rather, it is a phrase used by LKG/UKG/1st standard teachers to describe a pencil that is as small as one's nose and hence needs to be thrown away.
Moral of the story: Primary school teachers are quite anal when it comes to pencil size
Teacher : (picking up Arun's pencil and measuring against her nose) Arun ! What is this? Nosy pencil ! (pencil is thrown out of window). Get a nice, long choop pencil tomorrow.
Added 2011-10-05 by Thikka Kobbu