Explain Money and Credit cgapter of class 10 th full chapter explanation from NECERT Testbook
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Answer:Key points
Explanation:
● Money is the medium of exchange.
● Before the invention of money there was an old system called Barter system.
● Barter system means exchange of goods without using money. It is coincidence of wants.
● Money includes; coins, currency notes, cheque, DD.
● Gold Mohar ( gold coins) was introduced by King Akbar.
● RBI (Reserve bank of India) issues currency.
● RBI governor Shakthi Kantha Das.
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