Money is a medium of exchange that facilitates trade and economic activities. In Class 9, the topic Key Characteristics of Money explains the essential features that make money universally acceptable, durable, portable, divisible, and stable in value. Key Characteristics of Money Class 9 Notes Medium of Exchange Money is called a medium of exchange because … Read more
In Financial Accountancy, the Money Exchange System refers to the process of using money as a common medium for buying and selling goods or services, replacing the limitations of the barter system. For Class 9, this topic provides a foundation for understanding how money works in trade. Money Exchange System Class 9 Notes In early … Read more
Money is anything that is generally accepted as a medium of exchange for goods and services, and for the repayment of debts. In Class 9, “Money – What It Is” introduces students to the concept, nature, and functions of money in the economy. Money What it is Class 9 Notes Evolution of Money Money is … Read more