MEDIUM
9th Jammu and Kashmir Board
IMPORTANT
Earn 100

What are the different forms of modern currency?

Important Questions on Money and Banking

HARD
9th Jammu and Kashmir Board
IMPORTANT
Who is authorized to issue currency in India.
HARD
9th Jammu and Kashmir Board
IMPORTANT
Why can no one refuse to accept payment in rupees?
HARD
9th Jammu and Kashmir Board
IMPORTANT
Why are the deposits in the bank account called deposits?
HARD
9th Jammu and Kashmir Board
IMPORTANT
How do banks mediate between those who have surplus money and those who need money?
MEDIUM
9th Jammu and Kashmir Board
IMPORTANT
Define a Cheque.
MEDIUM
9th Jammu and Kashmir Board
IMPORTANT
Define a Loan.
MEDIUM
9th Jammu and Kashmir Board
IMPORTANT
Why do lenders ask for collateral while lending?
HARD
9th Jammu and Kashmir Board
IMPORTANT
What are the various forms of modern money?