look at 10 rupee note, what is rewritten on top? can you explain this statement
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where is the note of ₹10
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On the top of a 10 Rupee note “Reserve Bank of India, Guaranteed by the Central Government is written.”
On the top of a 10 Rupee note “Reserve Bank of India, Guaranteed by the Central Government is written.”It implies that the notes are issued by Reserve Bank of India on behalf of the Central Government. This means that the currency is authorised or guaranteed by the Central Government and no one can refuse payment made in it.
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