Token coins are those coins whose face value is higher than their intrinsic value. Token coins are made out of cheaper metals like aluminium, nickel, etc.
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प्रश्न
Define or explain the following concept.
Token coins.
उत्तर
Token Coins
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Money - Store of Value
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संबंधित प्रश्न
In the case of token coins, intrinsic value is less than their face value.
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Distinguish between the following.
Standard coins and Token coins.
State whether the following statement is true or false :
Token coins are such coins whose face value is greater than their intrinsic value.
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Give reason or explain.
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