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

Which of the following is not a modern form of money?

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

The correct option is D Shells
The modern forms of money include all forms of currency, such as notes, coins, and demand deposits. Shells, however, were used as intermediatory goods in ancient times. They are no longer in conventional use.

flag
Suggest Corrections
thumbs-up
1
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Demand Deposits
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon