A. Fiduciary note
B. Token money
C. Commodity money
D. Fiat money
Correct Answer: Option A
A. Fiduciary note
Explanation
Fiduciary note: This term refers to that portion of a note issue, whether that of a Government or of a bank, which is not protected by a specific backing of metal or coin or assets capable of being converted into coin or bullion on demand.
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