Question
Metallic Money and Paper Money.
| Metallic Money | Paper Money |
| (i) It refers to money which is made of metals like gold, silver, and copper, etc. | (i) It refers to that money which is in form of paper currency notes issued by the Govt, and the Central Bank of the country. |
| (ii) They are durable. | (ii) They are less durable. |
| (iii) Metallic money is not easily portable. | (iii) Paper money is more convenient and they are light in weight, so it is portable. |
| (iv) They are suitable for small transactions. | (iv) They are suitable for larger transactions. |
| (v) Metallic money was introduced earlier to paper money. | (v) Paper money was subsequently issued after metallic money. |
| (vi) Metallic money is not economical to produce. | (vi) Paper money is easier and cheaper to print. |
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