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picture1_Money Pdf 50986 | Economy 5 Lecture Notes


picture2_Money Pdf 50986 | Economy 5 Lecture Notes picture3_Money Pdf 50986 | Economy 5 Lecture Notes

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File: Money Pdf 50986 | Economy 5 Lecture Notes
UPSC NOTES MONETARY SYSTEM Types of Money Money 1. Full-bodied money Anything which has general acceptance as means of payment. It is the type of money whose Functions of Money:- ...

icon picture PDF Filetype PDF | Posted on 20 Aug 2022 | 2 years ago

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...Upsc notes monetary system types of money full bodied anything which has general acceptance as means payment it is the type whose functions value equivalent to o medium exchange its commodity common measure e g gold coin standard for deferred payments store wealth token credit paper barter a exchanged other commodities much more problems are than double coincidence what required currency valuation problem representative there won t be serve kind but future obligations issued against backing gresham s law bad drives out good bullion legal tender this cannot denied in and silver bulk with settlement obligation issuing authority limited compulsory accept upto certain limit sum can paid denominations paisa coins recipient legally unlimited used make any amount non no compulsion also called optional or fiduciary on basis trust nepalese at india nepal border may not bound fiat serves order government by theoretically near highly liquid financial assets like shares bonds supply total stock al...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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										Category:  Uncategorized / Uncategorized 
										
Posted on: 20 Aug 2022 | 2 years ago
										
										
Tag:
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																								economy,
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Filetype: PDF
										
File size: 0.72 MB
										
Views: 181x
										
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										Wan learn
											

												Wan learn