Question

what is the concept of countefeit money

Answer 1

Countefit money means which is produced without the legal approval of the government .this is produced with deliberate attempt .countefit money is to made with the intention of taking advantage of copy of original money.this is fraudlent activity.before introduction of paper money ,the money used was in silver or gold base.now paper money is used in all most countries.countefit money is copy of orginial money.this is printed without the legal approval of government.and this is made illegally for damaging the economy.