Question
Standard Coins and Token Coins.
| Standard Coins | Token Coins |
| (i) Standard coins are those coins whose face value is equal to its intrinsic value. | (i) Token coins are those coins whose face value is greater than its intrinsic value or metal value. |
| (ii) These are made of costly metals like gold, silver, etc. | (ii) These are made of cheap metals like nickel, aluminium, etc. |
| (iii) Indian rupees during the king’s rule were made of gold, silver, etc. | (iii) In today’s time these are used for making small payments. |
| (iv) These are rarely used now. | (iv) Token coins in India are ₹ 10, 5, 2, 1. |
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