Teaching BPSC बिहार मध्य विद्यालय (6 to 8) शिक्षक भर्ती 4.0 Mock Test General Knowledge Economy Money and Banking
Which of the following is a correct statement about ‘Fiat Money’?
1
It is a government-issued currency that is not backed by physical commodity.
2
Fiat money does not have any control.
3
It is a government-issued currency that is backed by physical commodity.
4
More than one of the above
5
None of the above