Economy, asked by yuvrajtrehan6, 1 year ago

Explain money and its modern form

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Answered by kaash1012

2

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Answered by aehutosh

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Paper money consists of currency notes issued by the State Treasury or the Central Bank of the country. Credit Money: In modern economic societies, with the development of banking activity, along with paper money, another form of convertible money has developed in the form of credit money or bank money. 4.2.

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