Question

what are the different types of modern currency​

Answer 1

Answer:

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.

Answer 2

Answer:

In the modern monetary systems ,there are three forms of money in actual use : (1) Metallic Money, (2) Paper Money , and (3) credit Money . the frist two kinds of Money are in the form of currency money and the last one is credit or bank money