Which of following country first introduce paper currency in the world ?
PMS GK Past Papers and Syllabus / All — Multiple-choice practice
مندرجہ ذیل میں سے کس ملک نے دنیا میں سب سے پہلے کاغذی کرنسی متعارف کروائی؟
- A. Greece
- B. China
- C. France
- D. USA
Correct answer
China
Explanation
Explanation The first use of paper currency can be traced back to the year 806 AD in China. The paper currency was known as flying money. Origin: The concept of paper money originated in China during the Tang Dynasty (618-907 CE) as "flying money" (feiqian) Official currency: I t was officially issued by the Song Dynasty government around the 11th century (specifically, during Emperor Zhenzong's reign, 997–1022 CE
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