Question

B. State True or False for the following statements.
1. Currency notes in India are re-issued by RBI.
2. Grains were used a medium of exchange.
3. ATM is a form of electronic banking.
4. Banks maintain a cash reserve.
5. Money cannot be exchanged for goods.​

Answer 1

Answer:

1. false
2. true
3. false
4. true
5. false