Please answer q 3 

Dear Student,

Cash , money or currency is anything which has normal agreeableness as a methods for trade, a measure and a store of significant worth.
Two principle highlights of current Indian money:
(I) It is utilised as paper notes and coins.
(ii) The cutting edge cash has no utilization of its own as it isn't comprised of any valuable metals however is acknowledged as a mode of trade since it is approved by the Government of the country.

The cutting edge cash or modern currency is with no utilization of its own on the grounds that it isn't made of valuable metals, for example, gold or silver however included paper notes or coins. It is really utiliSed as a mode of trade to purchase or sell something.
Present day cash (modern currency) has been acknowledged as a vehicle of trade since: It is approved by the public authority of an India. It is given by the summit bank for the public authority.

Regards.

  • 1
What are you looking for?