Explain the Meaning of 'Currency'. - Social Science

Advertisement
Advertisement
One Line Answer

Explain the meaning of 'Currency'.

Advertisement

Solution

Any form of money that is approved by the government and used by the public for trading is known as currency. It can be soft money in the form of rupees or hard money in the form of coins. Every country has its own currency. For example, the currency of India is Rupees.

Concept: Role of Money in an Economy
  Is there an error in this question or solution?
2018-2019 (March) 32/4/2
Share
Notifications



      Forgot password?
Use app×