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Bangladesh smuggled India's 5 Rupees Coin? 😯 😑 In this lecture, Parmar Sir begin the discussion on Types of Money, with a detailed explanation of Fiat Money, one of the most important concepts in Economics for SSC and other competitive exams. You will understand what Fiat Money is, why it is declared as legal tender by the government, and how it is authorized to be used as a medium of exchange. The lecture clearly explains that fiat money is issued by the central bank and is not backed by any physical commodity like gold or silver. Sir also explains the role of the Government of India and RBI in currency issuance, including: -Minting of coins -Printing and issuing of currency notes -The concept of face value vs intrinsic value -Through practical examples (like coin melting and smuggling), you’ll learn why the intrinsic value of money must be lower than its face value, and what problems arise when money starts being used for alternative purposes instead of transactions. This session is extremely useful for understanding: -Fiat Money -Legal Tender -RBI’s role in currency issuance -Conceptual clarity for Economics MCQs 📌 Highly important for SSC CGL, CHSL, MTS, GD, RRB NTPC and all government exams. LIKE 👍 • SHARE 🔁 • SUBSCRIBE 🔔 Parmar SSC – India’s Trusted Platform for SSC & Government Exams! _____________________________ 🌐 Stay Connected with Parmar SSC | Parmar SSC से जुड़े रहें 🌏 Website: https://www.parmaracademy.in/ 📢 OFFICIAL PARMAR SSC Telegram Channel: https://t.me/parmar_ssc 📢 Telegram Quiz Grp: https://t.me/sscquizparmar 📱 WhatsApp: https://api.whatsapp.com/send/?phone=919235798380&text&type=phone_number&app_absent=0 🐦 Twitter (X): https://x.com/ParmarSSC_X 🎧 SPOTIFY: https://open.spotify.com/show/7mkklD17a8v3EpPIAI6WNS?si=lpQFO1-JTnebaxZ3ZK9kGw&nd=1&dlsi=88432c4f05f14e97 📞 Query no. : +91 9235798380 _____________________________ 📱 Download Parmar Academy App | Parmar Academy App डाउनलोड करें 👉 Android: https://play.google.com/store/apps/details?id=com.parmar.academy 👉 iOS: https://apps.apple.com/us/app/parmar-academy/id6741855489 _____________________________ 📕 Courses & Batches on Parmar Academy App | Parmar Academy App पर उपलब्ध कोर्स व बैच 1️⃣ PARMAR GK BATCH 4.0 (2025-2026) 🔗 https://www.parmaracademy.in/courses/71-parmar-gk-batch-40 2️⃣ PARMAR'S UP LEKHPAL PRO BATCH 2025 🔗 https://www.parmaracademy.in/courses/78-parmar-s-up-lekhpal-pro-batch-2025 3️⃣ PARMAR ENGLISH BATCH 2.0 🔗 https://www.parmaracademy.in/courses/70-parmar-english-batch-20 _____________________________ 📺 Watch More One Shots / Playlists / Batches | और वीडियो देखें ⭕ ENGLISH FOR CHSL 2025: https://www.youtube.com/playlist?list=PLg0qMaBWeNGPXI6T-PknjfBdb2wQRQRZI ⭕ ENGLISH FOR SSC MTS 2025: https://www.youtube.com/playlist?list=PLg0qMaBWeNGPksakMm0RS9b9yfogl97v4 ⭕ NITTO SERIES | SSC CGL MAINS 2025 | BY PARMAR SIR: https://www.youtube.com/playlist?list=PLg0qMaBWeNGNbBT0KsDRdNFuY-ed41fEN ⭕ Bomb Shot for SSC CGL 2025: https://www.youtube.com/playlist?list=PLg0qMaBWeNGNPcp0kItuLiaiGaw_UWOKJ _____________________________ 🛒📚 Books for SSC Exams | SSC व इंटेलिजेंस परीक्षा की किताबें 🔥 FATMAN + LITTLE BOY = Most Powerful GK Combo! 🔥 Combo (Flipkart): 📘 English 👉 https://dl.flipkart.com/s/knNDiSuuuN 📗 Hindi 👉 https://dl.flipkart.com/s/knoO!vuuuN Individual Books (Amazon): 📘 Fatman (English) 👉 https://amzn.in/d/evKWtg3 📘 Little Boy (English) 👉 https://amzn.in/d/bT3pusK 📗 Fatman (Hindi) 👉 https://amzn.in/d/2nU96mM 📗 Little Boy (Hindi) 👉 https://amzn.in/d/dryRZZH _____________________________ #SSCGK #FiatMoney #TypesOfMoney #EconomicsLecture #BalanceOfPayments #ParmarGk #ParmarSir #GKforSSC #SSC2026 #SSCMTS #SSCCGL #SSCGD #RRBNTPC #UPSCBasics #EconomicsForExams
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