MP Board · Class 10 · Social Science · Economics: Money and CreditWhich of the following is modern form of money?
📊Student Analytics & Stats
Total Attempts: 2
Accuracy Rate: 50%
Step-by-Step Solution
Paper notes and coins are modern forms of money. Unlike precious metals, they are not made of gold, silver, or copper, and unlike things used as money in early times, they are not use-everyday goods.
Detailed Options Breakdown
Option : Gold coins
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Economics: Money and Credit.
Option 1: Paper notes and coins (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Cattle and grains
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Economics: Money and Credit.
Option 3: Silver bars
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Economics: Money and Credit.
💡 Study Guide: This question tests core syllabus concepts from Economics: Money and Credit. For formulas, key summaries, and mock exam reference guides, read the full Economics: Money and Credit Revision Notes.