Questions

Helsinki is the capital of Finland

If as a business, you buy goods or services on credit from a supplier (accounts payable) then the supplier will supply the goods and business will incur a liability to the supplier for that amount, but no cash will change hands at that stage.

Some of those shop keepers allowed regular "trustworthy" customers to purchase items without having the full payment.

Hence, Buying on credit means that no actual money has changed hands.

The western education system was introduced in India by Lord William Bentinck. He is also responsible for a large no of social reforms like the abolition of Sati, infanticide and child marriage.