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  • ‘Fiat Money’ is that which is
Multiple choice

‘Fiat Money’ is that which is

  1. accepted by overseas banks only

  2. decreed as money by the government

  3. backed by gold or silver

  4. accepted temporarily in lieu of gold

  5. None of these.

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

 Option (4) is correct.

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