Questions and Answers
What is the term for the situation when both parties agree to sell and buy each other's commodities at the same time in the trade?
Double coincidence of wants
What is money referred to as when it serves as an intermediary in the exchange process?
Medium of exchange
What were the early forms of metallic coinage used as currency in India?
Gold, silver, and copper coins
Who issues currency notes on behalf of the Indian government?
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What are the current kinds of money that are inextricably related to the modern banking system's operation?
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