Economy, asked by bhushanhiwarkar02, 23 days ago

Indian monetary system is based on

Answers

Answered by samirkumargantayat

1

Explanation:

The monetary system prevailing in India at present is managed and controlled by the Reserve Bank India. The present monetary system is based on inconvertible paper currency, supplemented by coins. On the external front Indian currency 'rupee' is again convertible to various other currencies of the world.

Answered by Anonymous

0

Answer:

Indian monetary system is based on:-

Inconvertible paper currency, supplemented by coins.

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