Money is a fascinating subject and full of curiosities.
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- The history of money and how various forms were used at different times is an interesting story.
- Modern forms of money are linked to the banking system
- On this lesson of money and credit our main focus for understanding will be on modern banking system.
This Lesson on Money and Credit will cover the following topics.
- Money as A Medium of Exchange
- Modern Forms of Money
- Loan Activities of Banks
- Terms of Credit
- Formal Credit Sector India
- The Working of Self help Groups