Question

what are the modern forms of money in india?
or
why is the " rupee " accepted as a medium of exchange?​

Answer 1

HeyMate♥️...

____________ItzCrazyGirl❤️____...

➡️The following are the features of modern form of money :
✔️It includes currency - paper notes and coins.
✔️It is not made of precious metal such as gold, silver, and copper.
✔️It has no use of its own.

AND...

➡️It is acceptable as a medium of exchange bcoz the currency is authorised by the government of the country.
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I HoPe It HeLps YoU...
Please MaRk it As BrAinLiEst...✌️

Answer 2

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______________________________

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Modern forms of money include currency (paper notes) and coins.

It is accepted as a medium of exchange because the currency is authorised by the government of India.

No individual in India can legally refuse a payment made in rupee.

Any person holding money can easily exchange it with any commodity or service that he desires.

It acts as intermediate in the exchange process of different countries.

#anu.......❤