Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money, like any check or note of debt, is without use value as a physical commodity. It derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for “all debts, public and private”. Counterfeit money can cause good money to lose its value.
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eLearn is the official repository of digitized textbooks of Punjab. Each book has been augmented with Video Lectures, Illustrations, Animations, Simulations, and Interactive Assessments. Through this website, you can access Science and Maths textbooks for Grade 1-12. eLearn is developed by Punjab Information Technology Board in collaboration with Punjab Curriculum & Textbook Board and the School Education Department.
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