Economy, asked by kushanksharma82, 1 month ago

explain bank of issue as a function of commercial bank. what are the advantages of sole authority of note issue with rbi. (any four)

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Answered by TaniyaArmy

4

Answer:

Advantages of Sole Authority of Note issue with RBI: (i) It leads to uniformity in note circulation. ... (iii) It enables the government to have supervision and control over the central bank with respect to issue of notes. (iv) It ensures public faith in the currency system.

Answered by BangtanGirl11

3

Answer:

refer to this image hope it will help you

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