Advertisements
Advertisements
प्रश्न
State whether the following statement is true or false :
Token coins are such coins whose face value is greater than their intrinsic value.
उत्तर
Token coins are such coins whose face value is greater than their intrinsic value True .
APPEARS IN
संबंधित प्रश्न
In the case of token coins, intrinsic value is less than their face value.
Explain the ‘store of value’ function of money. How has solved the related problem created by barter?
D-mat account is useful to investors who deal in shares.
Distinguish between the following.
Standard coins and Token coins.
Define or explain the following concept.
Token coins.
Distinguish between
Convertible paper money and inconvertible paper money
Give reason or explain.
Money works as a store of value.
Give reason or explain.
Money is the basis of credit.
The functions of money are that it is a ______.
