Description
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What is the meaning of money?
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Which are considered to be a more modern form of money in comparison to coins and currency notes?
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What is meant by Barter System?
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Whether Barter System is still used?
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Can you define metallic money and its significance in monetary systems?
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Why did paper money come in to existence?
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What is meant by paper money & how does it function in economies?
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What is the meaning of credit money?
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What is the meaning of plastic money and its role in modern financial transactions?
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Explain electronic money and its impact on the way we conduct financial transactions.
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What is the meaning of primary functions of money?
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What are the primary functions of money?
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What are the secondary roles or functions of money in economic systems?
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Do you agree with the statement that money acts as a standard of deferred payment?
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Is there any asset other than money which can be used as store of value?
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What are the essential attributes or characteristics that money should possess?
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Define the concept of fungibility in relation to money.
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What is meant by divisibility of money?
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What is meant by cognizability property of money?
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Why is money considered the most liquid asset, and what makes it so easily exchangeable?
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