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Questions and Answers
What is the central idea of the first part of the chapter?
What is the central idea of the first part of the chapter?
The central idea of the first part of the chapter is the link between modern forms of money and the banking system.
What opportunities does the present situation in India offer to students?
What opportunities does the present situation in India offer to students?
The present situation in India offers many opportunities for students to explore newer forms of money that are slowly spreading with the computerization of the banking system.
What is the purpose of capturing the element of money for students?
What is the purpose of capturing the element of money for students?
The purpose is to allow students to realize the social situation in which different forms of money were used.
What are some areas that may be discussed if desired?
What are some areas that may be discussed if desired?
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What is the importance of credit in economic life?
What is the importance of credit in economic life?
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