Modern Forms of Money

IMPORTANT

Modern Forms of Money: Overview

This topic covers concepts such as Modern Concept of Money, Banking, Savings Account, Current Account, Recurring Deposit, Fixed Deposit, Plastic Money, Debit Card, Credit Card, Evolution of Money, and Deposit Activities of Bank.

Important Questions on Modern Forms of Money

HARD
IMPORTANT

The quickest way to withdraw money from savings account is through a cheque.

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What is the full form of an ATM?

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IMPORTANT

A current account is usually maintained by traders and businessmen.

EASY
IMPORTANT

Cotyledons are also called-