Economy, asked by juhibharti503, 3 months ago

which of the following is credit money​

Answers

Answered by mahakincsem
0

Correct option is d) All of the above

Explanation for correct option:

  • Any monetary claim that can be made against anybody in future is termed as credit money.

Since, all of the given options can be claimed in the future, including

  • a) Token money
  • b) Circulating promissory notes by government
  • c) Demand deposit in the bank

Therefore, option d) all of the above is correct

#SPJ2

Complete question is

Which of the following are credit money?

a) Token money

b) Circulating promissory notes by government

c) Demand deposit in the bank

d) All of the above

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