Question

hy plzz expalin modren currency?​

Answer 1

Answer:

1) The modern forms of money include currency - paper notes and coins

2) Unlike the things that were used as money earlier, modern currency is not made of precious metal such as gold, silver and copper and unlike grain and cattle, they are neither of everyday use.and made up of paper

Answer 2

The modern currency is not made up of precious metal such as gold, silver or copper and unlike grain and cattle, they are neither every day use. Thus, the modern currency is without any use. But still it is accepted as a medium of exchange as it is authorised by Government of the country.

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