Discussion :: Banking Awareness
- Which of the following statement is/are true about fiat money?
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A.
Fiat money includes physical token like certificates |
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B.
Fiat money's value is not derived from any intrinsic value are relative value is based only on government order |
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C.
Fiat money can be converted in to valuable commodity (like gold) |
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D.
None of these |
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Answer : Option B
Explanation :
Explanation Not Provided
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