Money is used as an intermediary in exchange process and that’s why it is called medium of exchange .


Credit is a crucial element in economic life, it often leads to increase in income or may push the borrower into debt trap.

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.