Money Matters: Navigating Legal Tender, Bitcoin, Cheques, High-Powered, & Fiduciary Money

About Course

What is the meaning of legal tender?
Whether legal tender status accorded to a particular currency denomination can be withdrawn by the government?
What is meant by limited legal tender? Why the limited legal tender has come in to existence?
What is the meaning of unlimited legal tender?
Whether bitcoin is a legal tender?
Whether individuals and businesses are legally bound to accept the cheques as legal tender money?
Why cheques are also called optional money?
What is meant by high powered money?
How does the Central Bank manage the supply of high-powered money?
What is meant by fiduciary money?