Questão | Responda |
personal finance topic 1 what does denomination mean? | denomination means the different value of each coin and note. |
who issues the British coins? | the royal mint. |
who designed the new coins in 2008? | Matthew dent |
which coins did he design? | 1p, 2p, 5p, 10p 20p 50p £1.00 coin. |
when the coins are placed together what is the image they make? | they make the royal shield of arms |
which coin was not included in the new design? | £2.00 coin |
in which year was the first £5 coin issued? | 1990 |
where can you spend a £5 coin? | at all post offices. |
who issues our bank notes? | the bank of England issues our banknotes |
what colour is the £5 note and who is featured on it? | blue and features Elizabeth fry. |
what colour is the £10 note and who is featured on it? | red/orange/brown and features Charles darwin |
what colour is the £20 note and who is featured on it? | purple and features Adam Smith. |
what colour is the £50 note and who is featured on it? | Red and features Matthew bouton and James watt |
what is the pledge on every bank note? | I PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF... |
Who signs every bank note? | every bank note is signed by a chief cashier on behalf of the governor and company of the bank of England. |
what happens to old bank notes? | the bank of England shreds old bank notes and either take them to a landfill site or burn them in an industrial incinerator. |
money is...? | a means of exchange a measure of value a store of value. |
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