currency - GS questions based on daily current affairs

1)   Notaphily is

a. Study and collection of coins
b. Study and collection of Bonds
c. Study of revenue stamps
d. Study of paper currency
Answer  Explanation 

ANSWER: Study of paper currency

Explanation:

  • Notaphily is the study and collection of paper currency, and banknotes.
  • A notaphilist is a collector of banknotes, paper money,plastic notes,polymer notes,etc.
  • An important aspect of collecting banknotes is the condition of items. Banknotes in perfect condition (without any damage), that usually haven't circulated are rated as uncirculated (UNC) and that is the highest classification for a value that a banknote can have.
  • In addition to that, the value for a specific note in the world paper money catalog is listed for UNC condition.