Dignity of Bank note


We don't accept cash !, Your 120 rupees will e considered as 100, what if these are written on many of the shops ? , presence of multiple means of transactions and the form of money has made the scenario bit easy but complicated.

Liquidity is inbound in Bank Note, It is acceptable to all, anywhere at anytime, what makes it superior  than Barter system, where one has to carry heavy grain to exchange with fruits, although they could fill stomach, the basic need of human being, but human needs are endless, they could not be filled with the one that they have, We accepted "Bank note" in common for transactions , History repeats itself, over a period of time it split in Debit card, Internet banking, QR ,UPI, Coupons. 

Comments