Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
1.7k views
in Economics by (34.1k points)
closed by

Read the passage and answer the following questions:

Shiv is working in the USA and his old parents live in Mumbai. Every month he transfers money from there in father’s bank account and also pays all their utility bills from there.

(a). What type of money is used by Shiv?

(b). Write any one way how parents can withdraw cash?

(c). Suggest anyone App that can be used by parents.

1 Answer

+1 vote
by (34.4k points)
selected by
 
Best answer

(a). Shiv uses an electronic, mode of money for transferring money from the USA.

(b). Parents of Shiv can withdraw money by means of a cheque or withdrawal slip.

(c). Parents in Mumbai can use the app – called “Google Pay”.

Related questions

0 votes
1 answer
0 votes
1 answer
asked Dec 24, 2021 in Economics by RidhiKumari (34.1k points)
0 votes
1 answer

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...