Solved UPSC CDS/OTA Question
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Q · Money and Types of Moneymoderate · 45s
Which type of money has intrinsic value equal to its face value?
TopicMoney and Types of Money
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Commodity money, like gold coins, has intrinsic value equal to its face value.
Final Answer: Option B - Commodity money