Which one of the following is not a modern form of money ?
a) Demand deposit
b) Paper currency
c) Coins
d) precious metals
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Which one of the following is not a modern form of money ?
a) Demand deposit
b) Paper currency
c) Coins
d) precious metals
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Precious Metals is not a modern form of money.
The answer is(d) precious metals.
Verified answer
1)demand deposite are done in bank where people can withdraw money when they need.
2)paper notes and coin are authorised by government of india.
so, the precious metals is not the modern form of money. (options D is the correct answer .)