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Credit
What is the activity of borrowing and lending money between two parties? Answer with a single words or term.
cheque
A(n) ________ is a piece of paper instructing the bank to pay the money from the persons account to the person the check has been issued to.
Modern Currency
The reserve bank of India issues currency, no other company is allowed to issue currency. What is accepted because the government has issued it? Answer with a single words or term.
Reserve bank of India
What is the national bank that oversees the formal sector? Answer with a single words or term.
Cheques
Advantages:- What are a lot easier to carry than money? Answer with a single words or term.
Cheques
________ reduce a lot of risks.