Social Sciences, asked by Anonymous, 4 months ago

What are the modern forms of money ?? ​

Answers

Answered by Anonymous
3

Explanation:

1. Modern forms of money include currency — paper notes and coins.

2. Unlike the things that were used as money earlier, modern currency is not made of precious metals such as gold, silver, and copper.

Answered by dibyangshughosh309
68

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  1. Currency-paper notes and coins. They are not made of precious things and are not of daily use. ...
  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.

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