Make a list of modern forms of money. Which according to you is most advantageous and why? CLASS X CBSE
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Explanation:
Modern forms of money include currency (paper notes) and coins. It is accepted as a medium of exchange because the currency is authorised by the government of India. No individual in India can legally refuse a payment made in rupee.
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Answer:
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 metals such as gold, silver, and copper.
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