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Modern forms of money? |
Answer» <html><body><p>tion:Modern form of money includes currency, paper notes and coins. As we used money earlier modern currency is not made up of precious metals such as gold, silver and the copper. In the modern <a href="https://interviewquestions.tuteehub.com/tag/monetary-1100648" style="font-weight:bold;" target="_blank" title="Click to know more about MONETARY">MONETARY</a> systems, there are three forms of money in <a href="https://interviewquestions.tuteehub.com/tag/actual-361632" style="font-weight:bold;" target="_blank" title="Click to know more about ACTUAL">ACTUAL</a> use: (i) <a href="https://interviewquestions.tuteehub.com/tag/metallic-547634" style="font-weight:bold;" target="_blank" title="Click to know more about METALLIC">METALLIC</a> Money, (ii) Paper Money, and (<a href="https://interviewquestions.tuteehub.com/tag/iii-497983" style="font-weight:bold;" target="_blank" title="Click to know more about III">III</a>) Credit Money.</p></body></html> | |