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NCERT Solutions for Class 1 Maths Chapter - 12 Money

Page No 126:

Ques 1:
NCERT Solutions for Class 1 Maths Chapter - 12 Money
Make the given amount using different combination of coins.

NCERT Solutions for Class 1 Maths Chapter - 12 Money
Ans: 
NCERT Solutions for Class 1 Maths Chapter - 12 Money

Page No 127:

Ques 1:
NCERT Solutions for Class 1 Maths Chapter - 12 Money
Make the given amount using different combination of coins.
NCERT Solutions for Class 1 Maths Chapter - 12 Money
Ans: 
NCERT Solutions for Class 1 Maths Chapter - 12 Money

Page No 128:

Ques 1:
NCERT Solutions for Class 1 Maths Chapter - 12 Money

Make the given amount using different combination of coins.
NCERT Solutions for Class 1 Maths Chapter - 12 Money
Ans: 
NCERT Solutions for Class 1 Maths Chapter - 12 Money

The document NCERT Solutions for Class 1 Maths Chapter - 12 Money is a part of the Class 1 Course Mathematics for Class 1: NCERT.
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FAQs on NCERT Solutions for Class 1 Maths Chapter - 12 Money

1. What is money and why is it important?
Ans. Money is a medium of exchange that is widely accepted in transactions for goods and services. It is important because it allows for the efficient exchange of goods and services, eliminates the need for barter systems, and serves as a store of value.
2. How is money created in the economy?
Ans. Money is created in the economy through a process called fractional reserve banking. When banks receive deposits from customers, they hold a fraction of the deposits as reserves and lend out the rest. This lending creates new money in the form of loans.
3. What are the different forms of money?
Ans. The different forms of money include cash, such as coins and banknotes, and digital money, such as money in bank accounts and electronic payments. Cash is physical money that can be used for immediate transactions, while digital money is stored electronically and can be used for online transactions.
4. How does inflation affect the value of money?
Ans. Inflation refers to the increase in the general price level of goods and services over time. When there is inflation, the value of money decreases because it can buy fewer goods and services. This means that the purchasing power of money decreases as inflation rises.
5. What is the role of the central bank in regulating money supply?
Ans. The central bank, such as the Reserve Bank of India (RBI), plays a crucial role in regulating the money supply in an economy. It does this through various monetary policy tools, such as adjusting interest rates, open market operations, and reserve requirements for banks. By controlling the money supply, the central bank aims to maintain price stability and promote economic growth.
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