मराठी

What does the homogeneity of money mean?

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प्रश्न

What does the homogeneity of money mean?

पर्याय

  • All notes and coins are long-lasting

  • Money can be exchanged for goods

  • Every unit of the same value looks and works the same

  • Money can be split into smaller units

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उत्तर

Every unit of the same value looks and works the same

Explanation:

Homogeneity ensures that, for example, every ₹50 note is identical in value and appearance.

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