Question

what is the modern form of currency ?​

Answer 1

Answer:

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Explanation:

Modern forms of money includecurrency — paper notes and coins. Unlike the things that were used asmoney earlier, modern currency is not made of precious metal such as gold, silver and copper. ... It is accepted as a medium of exchange because thecurrency is authorized by the government of the country.

the mordern forms of money are Non- precious mettalic coins, paper curreny notes, cheques and now recently eletronic money like credit/debit cards and e banking

Answer 2

Answer: Modern forms of money are:

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.

Explanation:

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