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SIMPLIFIED BANKING - B.T. Naik

SIMPLIFIED BANKING

By: B.T. Naik

Paperback | 14 April 2018

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During the primitive age, there was no money. Precious commodities such as shrimps, animal skins, bones and other commodities were used as money. In short there was trade with commodity money in absence of common medium of exchange. This led to the development of barter trade i.e. exchange of goods against goods.

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