Economy, asked by theinflamemusicco, 1 year ago

Aims and objectives of paper money

Answers

Answered by Anonymous
2
to help in easy transactions is the main aim and objective of paper money

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Answered by suchindraraut17
0

Aims and Objectives of Paper Money

Explanation:

Aims and Objectives of Paper Money:

  • Paper money is a paper currency that is a official currency of any country that is circulated for the transaction and puchase of goods and services.
  • The paper money was believed to be used in China during the 7th century A.D.
  • It reduces the need to carry heavy metallic coins for transactions.
  • They can be exchaged with coins easily at the registered banks by getting equivalent amount in coins when required.
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