Token currency refers to money whose face value is higher than its intrinsic value. It was first introduced by Britain in the 17th century to facilitate small transactions when coins were scarce.
Who introduced token currency for the first time?
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This question is part of 📚 General Knowledge within the broader 🌐 Current Affairs & GK subject and appears in the PPSC Punjab Public Service Commission preparation collection. Reviewing the answer together with nearby questions helps reinforce the underlying concept and identify how it may appear in competitive exams.