Tiêu đề 3. Money & Credit.pdf ✅

Poge Dote 4. Modern fo KMS of money loney-ie Som ething better thad can act as medium_ exchange in transaction Befbre the intso ductian Cain£,- a uariety_o abiects were used as maney For example, since the very easly ages Indias usedgsains and corttle, q maney then cameir qse of metallic coins -gold,eiluer, coppes coins But maderm farm of meney inettt include CUBeney of tuo types- papes notes andCains we se 5. Why isS money uced aS medium of exchange Q why m Oney iswidely expected as medum of exchonee Whyisem odexn faTmotmoneyliussency is pop uler modeiaf ex change Modexntoxm money cumency)whith include pap notes and Coinciknown alpper and_pci.se and widely expected as l mediumot exchange because a. It is ve3yconuin ientans siMple for buying any commodity which i onPale, b. It is accepted ar a medium ot exchange becau the cusEency i authorized by government of India C.In India, the_ ese sue bank_af India issuer cuTrency nateron behalf ofcentralgovernment aP Indiq So due to thi there is a lqw which legalizesi the use ot Tupee_ar medium di payment thct cannot be refured anyuhere in India. d No individual in India can legally dretuse payme ISSYe madein sup.eeeudhith incteases heuglue. Camlin BoardStudy