Question

Give one example of money which is not the form of currency

Answer 1

Grains and cattles are those form of money which were used as the medium of exchange before the intoduction of currencies.

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Answer 2

Answer:

Digital money is one of the best examples among various forms of currency. It has monetary value but no physical existence as in currency.

Explanation:

Digital currency such as cryptocurrency Bitcoin is a virtual currency which has no physical existence alike generally accepted the form of money such as paper notes & coins. The digital currency has value but physical existence is not required.

Various other forms are cheques, Demand drafts and various online transaction methods.