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Question
Explain The Meaning Of Currency
Explain The Meaning Of Currency
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Solution
Currency is a form of money approved by the government and is used by the public for trading and investments
Currency can either be hard money in the form of coins or soft money in rupees. Every country has its own currency.
For example, the currency of India is called Rupees and the euro is the official currency of 19 member states of the European Union.
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Currency is a form of money approved by the government and is used by the public for trading and investments
Currency can either be hard money in the form of coins or soft money in rupees. Every country has its own currency.
For example, the currency of India is called Rupees and the euro is the official currency of 19 member states of the European Union.
Explore more such questions and answers at BYJU’S.
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