Get Started with ixamBee
Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowThe term fiat money or fiat currency is generally associated with a classification of money that has been authorized for use by a country's government. • Statement 1 is Incorrect: Bitcoin is a cryptocurrency. Cryptocurrencies are not legal tender, they have not yet been recognized as a valid form of currency by the Government of India. • Statements 2 and 3 are also Incorrect: Although cheques and demand drafts are often used in banking transactions, they do not fall in the category of fiat money because they can be rejected as the mode of transaction. • Statements 4 and 5 are Correct: Coins and notes are fiat money because the value of the currency notes and coins is derived from the guarantee provided by the Central Government on these items. Every currency note bears on its face a promise from the RBI that if someone produces the note to RBI or any other commercial bank, RBI will be responsible for giving the person purchasing power/value equal to the value printed on the note.
What term describes the ratio between marketable crop yield and water used in evapotranspiration?
Supply chain lead time is the sum of time taken for ..........................?
Method which is specifically recommended for controlling soil erosion in areas with heavy soils and slopes that fall within the range of 11-15%?
Which of following mechanisms does not promotes cross pollination:
Which type of utility is created by the processing function in marketing?
Which legume crop is best suited as a summer catch crop in northern India after harvest of wheat to utilize residual moisture?
In seed production, the allowable maximum genetic impurity in foundation seed of self-pollinated crops is limited to what level?
Reserpine, a drug is extracted from
Which of following fruit is most suitable for jelly making
The most commonly used breeding scheme is:
