please help me to write a short note on modern form of money .fast please it is my homework
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technology has been upgrading day by day so transfer of money , has been made simple these days. so modern form of money id using credits and debit cards for banking and sharing money. these days there are many ways to transfer money through apps not only with websites like patym , and many bank apps ave come into the picture . the latest upgradation is in whats app we could find payment option in the attachment button so , i would like to conclude by saying that modern form of money is nothing but transfer of money in the latest way.
yukthasriviva:
In the modern monetary systems, there are three forms of money in actual use: (i) Metallic Money, (ii) Paper Money, and (iii) Credit Money. The first two kinds of money are in the form of currency money and the last one is credit or bank money.
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1.Coins
2.Bank notes
3.Bank deposits
4.Quasi-money
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