Economy, asked by shivangikandpal, 1 year ago

The modern currency is without any use of its own.justify this statement.


raminder1: hey are u reading chapter money and credit class 10??
raminder1: your question is somewhat wrong

Answers

Answered by satya71
1
modern currency i.e.Rupee is without of its use because it is not at all precious as gold,silver.it is just a metal coin or a paper note.as it is only used in the purpose of transactions it has no use of its own.we generally exchange the money in return of some goods,services .

shivangikandpal: Thanks
Answered by mohduzairali16
0
becoz modern currency has not its own value. It has no intrinsic value.
It has a fear of tear of paper,Burning of paper
Similar questions