GK
INVENTIONS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Paper money
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was an improvement on copper coins
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was abandoned because it was too light
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was hated by merchants
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led to surplus agriculture
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Explanation:
Detailed explanation-1: -Use of paper money allowed Chinese merchants to travel thousands of miles along the Silk Road because they did not have to carry coins, which were much heavier. Eventually, historians say, the currency was discovered by traders in Persia and, farther west, in Europe.
Detailed explanation-2: -Paper money is a country’s currency in the form of bank notes which have a specific value and are used to pay for goods and services. Paper money holds the backing of a country’s government while the central bank keeps a controls over the note’s printing and circulation.
Detailed explanation-3: -In Short. Paper currency came in India in around 18th century.
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