look at 100 rupee note what is written on the top can you explain this
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A ten rupee note has "Reserve Bank of India" written at the top, along with a statement "guaranteed by the central government", following it. It is a promissory note and can only be issued by the Reserve Bank of India which supervises all money-related functions in the formal sector, in India. The statement on the ten rupee bank note relates to this idea that the RBI is the central organ in the working of money-related activities.
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Answered by
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hey dear
on the top of a 100 rupee note RESERVE BANK OF INDIA is written.
it meant that the note is issued in the reserve bank and only this bank has sole right to print it.
on the top of a 100 rupee note RESERVE BANK OF INDIA is written.
it meant that the note is issued in the reserve bank and only this bank has sole right to print it.
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