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Explore Economy Basics for UPSC Ep.01: Barter to Bitcoin, Fiat Money, Legal Tender, UPI, NFT, CBDC with PYQs with 209,438 views, 7,409 likes, and 272 comments. Experience the impact of this video content that has captured audience attention.

1. 💾 Download PPT of this Lecture https://unacademy.com/class/mrunals-economy-basic-concepts-to-complete-roadmap/WMI09L0F 2. 🔠 only Prelims Powerhouse- 9,999/- (incl. GS+CSAT) https://unacademy.com/goal/upsc-civil-services-examination-ias-preparation/KSCGY/store (🔖discount Code: 'Mrunal.org') 3. ✍🏻 Prelims + Mains: https://unacademy.com/goal/upsc-civil-services-examination-ias-preparation/KSCGY/subscribe?plan_type=plus&referral_code=mrunal.org 4. 📘 Amazon pe Mrunal’s Economy Book: https://amzn.to/3Jb5rf7 5. 📆 Free Annual economy updates Win26: Mrunal.org/win26 6. 💾 Free Download the topicwise PYQ paperset, monthly current affairs magazine, & more from https://unacademy.com/content/upsc/downloads/ Timestamps: 0:00 Introduction to Economy Basics 0:52 Welcoming Mrunal Patel 1:12 For Beginners: Economy Overview 2:05 Six Pillars and Pillar 1 Start 2:50 Money Evolution and Functions 3:08 Barter System Limitations 3:53 Double Coincidence of Wants 5:27 Division of Labor in Money System 7:00 Primary Functions of Money 8:07 Secondary Functions of Money 9:37 Instruments vs Actual Money 12:20 Summary: Barter to Money 12:47 Metal to Paper Currency Evolution 13:01 Full-Bodied vs Token Coins 16:47 Fiat Money Explained 17:45 Currency Issuance in India 20:07 Legal Tender Definition 21:39 Status of 2000 Rupee Note 22:26 Legal Tender Question Practice 24:51 Limited Legal Tender for Coins 26:13 Classification Update 28:10 2011 CDS Question on Coins 28:58 Promise on Currency Notes 31:15 Check Truncation Systems 31:28 Bank Money: NEFT, RTGS, UPI 32:32 NEFT vs RTGS Comparison 33:03 2025 Question on RTGS/NEFT 34:42 UPI Analogy and Components 37:25 Debit vs Credit Cards and MDR 40:03 Virtual Currencies: CBDC 41:01 Bitcoin Acquisition Methods 43:00 Virtual Currency Classification 45:32 Non-Fungible Tokens (NFTs) 48:58 Fungible vs Non-Fungible Assets 51:31 UPSC 2022 NFT Question Solved 54:11 Anecdote on UPSC Seminars 55:39 Next Videos and Series Plan 56:39 Unacademy Course Promotion 59:45 Advice on Subscription Plans Renowned UPSC educator Dr. Mrunal Patel explains Economy Pillar 1: Money basics from barter to Bitcoin. Perfect for UPSC, SSC, Banking, State PSC aspirants. Learn barter limitations (double coincidence), how money enables specialization, primary/secondary functions, coin types (full-bodied/token), evolution to paper, bank money, CBDC, crypto, NFTs (non-fungible vs fungible). Fun examples from Taarak Mehta show. Solves 2022 Prelims NFT question. Course starts Dec 25 on Unacademy Powerhouse Batch (Prelims GS+CSAT). Use code Mrunal.org for discount. Free PPT on app. Subscribe for series! #UPSCEconomy #MrunalPatel Alternative Titles: 1. UPSC Economy Fundamentals: Money Concepts from Barter to Cryptocurrency | Dr. Mrunal Patel 2. Beginner Guide to Economy: Barter, Currency Evolution, Bitcoin & NFT Explained | Mrunal Patel Lecture 3. Economy Pillar 1: Money Basics, Functions & Evolution for Competitive Exams | By Dr. Mrunal Patel SEO Tags: UPSC Economy Basics, Mrunal Patel Lectures, Barter System to Bitcoin, Money Functions UPSC, Economy Evolution for SSC, Competitive Exams India, UPSC Prelims Economy, Dr Mrunal Patel, Cryptocurrency Explained, NFT for Beginners, Unacademy Courses, Mrunal.org Discount, Banking Basics UPSC, Money Pillar Concepts, IAS Preparation Videos

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