Question

is drafts is a modern form of money​

Answer 1

Answer:

No. Drafts are not modern form f money. Modern form of money is plastic money. i.e. debit or credit card. Although, not an approved as a currency in many countries, bit coins or digital coins is recognized or approved as parallel currency.

Explanation:

Answer 2

The modern form of money ----> Piper notes(currency) and coins. Modern currency is not made of precious metal such as gold, silver and copper........ The modern currency is without any use but still is acceptable because it is authorized by the government of the country.


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