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4. Q-What are the modern forms of money currency in India? 3 40
Why is accepted as a medium of exchange? How is it
executed?
5. Q- How is money used in everyday life? Explain with 3 40
examples.
6. Q- What are demand deposits? How do demand deposits 5 41
facilitate transactions?
7 Q. Give the meaning and functions of money. 5
8 What monetary system does India follow? 3 40
9 Q. Discuss the historical origin of money. 5
