What is 'fiat money'? - Study24x7
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Abhishek kumar
28 Apr 2023 11:52 AM study24x7 study24x7

What is 'fiat money'?

A

The currency is backed by Government Guarantee

B

The currency is backed by tangible assets

C

The currency is backed by gold reserves

D

The currency is backed by budgetary support

Banking
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