CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Metallic coins are more portable than paper notes.

A
True
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
False
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B False

False.
Paper money are the money which are issued by the central bank of a country in form of paper that acts as an unlimited legal tender in the economy where Metallic money are the money which are issued by the central bank of a country in form of metals that acts as an limited legal tender in the economy. Therefore, paper money is more portable due to its light weight in comparison with the metal coins.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Old Forms of Money
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon