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Students will learn about Legal Tender, Bitcoin, Cheques, High-Powered money.
What is the meaning of legal tender?
Whether legal tender status accorded to a particular currency denomination can be withdrawn by the government?
What is meant by limited legal tender? Why the limited legal tender has come in to existence?
What is the meaning of unlimited legal tender?
Whether bitcoin is a legal tender?
Whether individuals and businesses are legally bound to accept the cheques as legal tender money?
Why cheques are also called optional money?
What is meant by high powered money?
How does the Central Bank manage the supply of high-powered money?
What is meant by fiduciary money?
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What is the meaning Legal tender? What are the two types of legal tender money? Whether cheques and bitcoins are legal tenders? What is meant by high-powered money? How does the Central Bank control the supply of high-powered money? What is meant by Fiduciary Money?
00:17:44
What is the meaning of legal tender? Whether legal tender status accorded to a particular currency denomination can be withdrawn by the government?
00:15:44
What is meant by limited legal tender? Why the limited legal tender has come in to existence? What is the meaning of unlimited legal tender?
00:07:26
Whether bitcoin is a legal tender?
00:11:07
Whether individuals and businesses are legally bound to accept the cheques as legal tender money? Why cheques are also called optional money?
00:11:37
What is meant by high powered money? How does the Central Bank manage the supply of high-powered money?
00:06:45
What is meant by fiduciary money?
What is the meant by Balance of Payments? Balance of Payments must always balance. What does it mean? What does the word “residents” m
What is the meaning of Fractional Reserve Banking? Why do commercial banks need to hold reserves in fractional reserve banking? or Wha
What is meant by money multiplier? How can we calculate the money multiplier? How Banks drive the money multiplier process? What is the impact on m
What is the meaning of fiat money? Whether fiat money has intrinsic value? Fiat money is a legal tender. What does it mean? What
What is the Barter System? Since when has the barter system been used? Are there any contemporary or localized examples of barter systems still in u
What is the meaning of money? Which are considered to be a more modern form of money in comparison to coins and currency notes? What i
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