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Distinguish Between Any Four of the Following : Metallic Money and Paper Money. - Economics

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Question

Distinguish between Any FOUR of the following :    

Metallic money and Paper money.  

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Solution

Basis of Difference Metallic money Paper money
Based on Usage of metals such as gold, silver or copper Usage of paper notes
Classified into Full bodied coins and token coins Representative, Convertible and inconvertible paper money
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2010-2011 (March)

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