Question

Find out which statements are incorrect. Write down the correct statements against them if they are untrue. 1. Two important forms of money are real money and paper currency. 2. Currency is accepted as a medium of exchange because they can be easily transferred. 3. In India, the issue of currency notes is carried out by the Ministry of Finance. 4. Normally, all nationalized banks charge a nominal or low interest rates from the borrowers . 5. Informal lenders usually charge high interest rates from borrowers compared to the formal sectors.

Answer 1

Answer:

2 option is incorrect because money can't tansfered easily

Explanation:

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