Question

12. Study the given table and find out the appropriate reason for the acceptance of money as a
medium of exchange:
In India currency
Rupee is widely
It includes
Modern forms of
notes are issued by
accepted
money
Paper notes and Reserve Bank of
Medium of
coins
India
Exchange
(a) It is widely accepted.
(b) It is modern form of money.
(c) It includes notes and coins.
(d) It is issued by RBI.
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Answer 1

Ans : ( d ) It is issued by RBI