Question

Distinguish between
Standard coins and token coins

Answer 1

Answer:

Standard coins are such coins whose face value is equal to its commodity value. For example- the silver coin in early India had a commodity equal to its face value.  

Token coins are such coins whose face value is greater than is commodity value. For example- the ten rupee coin in India has a very low commodity value as compared to its face value which is Rs.10.

Explanation:

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Answer 2

Answer:

Distinguish between

1) Economic growth and Economic development