Question:
Which of the following is not true about currency notes and wins in circulation in an economy ?
Which of the following is not true about currency notes and wins in circulation in an economy ?
Updated On: Feb 18, 2026
- They are legal tenders
- They are called fiat moneyThey are legal tenders
- They have intrinsic value
- They do not have intrinsic value
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The Correct Option is C
Solution and Explanation
The correct option is (C) :They have intrinsic value
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