Question

what are modern currency
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don't give me google ans....... I had already check it ......plz give me right ans.....​

Answer 1

Answer:

paper notes and coins are the modern currency.

Explanation:

I hope it will help you.......

Answer 2

Answer:

Modern currency is accepted as a medium of exchange without any use of its own because:

1) Modern currency is authorized by the government of a country.

2) In India, the Reserve Bank of India issues all currency notes on behalf of central Government.

3) No other individual or organization is allowed to issue currency.

4) The law legalises the use of rupee as a medium of payment that cannot be refused in settling transactions in India.

5) No individual in India can legally refuse a payment made in Rupees.

Explanation:

Plz tell me about u copied it from my book