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This document discusses the evolution of money from barter systems to modern forms of currency. It outlines the key functions of money as a medium of exchange, store of value, and unit of account. The roles of central banks and commercial banks in controlling the money supply and facilitating transactions are described. Central banks regulate currency issuance, set interest rates, and oversee other banks. Commercial banks accept deposits, make loans, and enable payments through the banking system. Money is

Author

Geeta Ghai

Language

EN