Question

Distinguish between Metallic Money or Paper Money.

Answer 1

Sr. No	Paper Money	Metallic Money
(i)	It refers to that money which is in the form of paper currency notes issued by the government of the country.	It refer to money which is made of metals like gold, silver, copper, etc.
(ii)	Cost of printing notes is less.	They are not economical to produce.
(iii)	They are suitable for large transactions.	They are suitable for small transactions.
(iv)	Paper money is comparatively more portable but less durable.	Metallic coins are comparatively less portable but more durable.