Money that is issued by the authority of the government is called:

full bodied money

No worries! We‘ve got your back. Try BYJU‘S free classes today!

credit money

No worries! We‘ve got your back. Try BYJU‘S free classes today!

fiat money

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

fiduciary money

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
fiat money

Fiat money refers to money whose value has been decreed by the government.

Suggest Corrections

Similar questions

Full-bodied money is that money whose money value and commodity value are:

Money that people have to pay to the government is called ____.

Join BYJU'S Learning Program