distinguished between traditional money and worden money
Answers
Answered by
0
traditional money is in the form of coins, copper coins,grains,etc which are not authorized by any universal authority or external authority.
whereas, modern money is in the form of currency notes and coins which is authorized by an external authority (RBI) and is official. this money can't be rejected by anyone in the country to be used.
hope that helped!
whereas, modern money is in the form of currency notes and coins which is authorized by an external authority (RBI) and is official. this money can't be rejected by anyone in the country to be used.
hope that helped!
Similar questions