Question

Modern forms of money explain???? ​

Answer 1

Answer:

Hi!! This is the answer.

Explanation:

Modern form of money includes currency, paper notes and coins. As we used money earlier modern currency is not made up of precious metals such as gold, silver and the copper.

Answer 2

Bank deposits are also a form of money. People can open bank accounts and make demand deposits. 3. Cheques act as a medium of exchange possible through bank accounts.