ICSE 10 Economic Applications - Course and Syllabus
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ICSE 10 Economic Applications

ICSE 10 Economic Applications

Money serves as a medium of exchange, a unit of account, and a store of value in the economy. Various forms of money exist, including commodity and fiat money. Banks play a crucial role as intermediaries between savers and borrowers, while the Reserve Bank of India regulates the banking sector and manages monetary policy, supporting economic development through credit and investment mobilization.

5 Chapters 20 hr
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