Question

☆☆☆ HEYA MATES ☆☆☆

CAN ANYONE EXPLAIN ME THE MODERN FORMS OF MONEY???

♡♡♡ THANKX ♡♡♡​

Answer 1

Answer:

༻✧✧༺♥༻✧✧༺♥♥༻✧✧༺♥༻✧✧༺♥༻✧✧༺♥༻✧✧༺༺♥༻✧✧༺♥༻✧✧༺♥༻✧༺♥༻✧✧༺♥༻✧✧༺♥༻✧

Modern forms of money include currency ,paper notes and coins .As we use money earlier modern currency is not made up of precious metal purchase gold silver and copper .Metallic money refers to coins made of gold silver and copper .

HOPE IT HELPS YOU ♥༻✧✧༺♥༻✧✧༺༻✧✧༺♥༺♥༻✧✧༺♥༻✧✧༺♥༻✧

Answer 2

Modern forms of money : -

• Modern forms of money : (i) It includes currency - papernotes - coins and deposits with the bank. ...

• Money is used as a medium of exchange because : ...

• Monetary system adopted by India : ...

• Deposits with Banks : ...

• Demand Deposits : ...

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