Bimetallism is the monetary policy based on the use of two metals, as legal tender without limit and equalized by law in a fixed ratio. Which are these two metals?

Related MCQs

• In economics, Gold Standard is the monetary system where in all form of legal tender may be converted on demand, into fixed quantities of gold. In 1816, the first country to go on the gold standard was:
• The type of currency issued by government as legal tender the value of which is based solely on decree or law rather than actual coin or precious metal reserves is termed as:
• Legal Tender Money is -
• "Legal Tender Money" refers to :
• Of all methods of payment, the recognized legal tender is:-
• The monetary policy is India is formulated by -
• The major objective of monetary policy is to -
• The upper limit of investment in plant and machinery for small-scale industries has been fixed currently at -
• The reduction of the fixed official rate at which one currency is exchanged for another in a fixed exchange rate regime is termed:
• Credit is the use or possession of goods without immediate payment. Which of the following is a type of credit?