Maharashtra State BoardHSC Commerce 12th Board Exam
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State Whether the Following Statement is True Or False : Token Coins Are Such Coins Whose Face Value is Greater than Their Intrinsic Value. - Economics

Question

State whether the following statement is true or false :

Token coins are such coins whose face value is greater than their intrinsic value.

Solution

Token coins are such coins whose face value is greater than their intrinsic value True .

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APPEARS IN

 2017-2018 (March) (with solutions)
Question 1.3.4 | 1.00 mark
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State Whether the Following Statement is True Or False : Token Coins Are Such Coins Whose Face Value is Greater than Their Intrinsic Value. Concept: Money - Store of Value.
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