Knowledge in Money and Banking

Money and Banking

Money is regarded any object which is generally accepted as: medium of exchange, unit of account i.e. common measure of value, standard of deferred payment,store of value, transfer of value. A bank is a financial institution which deals with money, accepts deposits, advances loans, and create credits with the sole purpose of earning profits. Modern banks performs a wide variety of functions.

banking and money

Detailed notes of chapter money and banking of macro economics for class 12th students of cbse

Money and credits

Pdf has an explanation for money and credit. Diplomatic mentions in pdf