Many people says that india is a poor country but i ask that india have the currency printing machine then why india does not print more money
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Answered by
1
the answer is inflation because currency printing based on
sum of values of all good and services produced and exchange =sum of currency present in the country
sum of values of all good and services produced and exchange =sum of currency present in the country
Answered by
2
ACCORDING TO RULES OF WORLD BANK,UNITED NATIONS ORGANISATIONS
A MEMBER COUNTRY OR ANY COUNTRY HAS TO FOLLOW THE RULES IN FINANCIAL MATTERS
RULE:-1
A COUNTRY CAN HAVE A SEPARATE CURRENCY NOTES WHICH HAS A SEPARATE EXCHANGE RATE FROM WORLD BANK
RULE :-2
THE FIRST CITIZEN IN OUR CASE PRESIDENT IS THE OWNER OF THE CURRENCY IN THE COUNTRY
RULE:-3
THE GOLD PROPERTY OF COUNTRY IS THE TOTAL
UNDER THIS THE MONEY WE PRINT SHOULD BE EQUAL TO OUR GOLD WEALTH
RULE:- 4
THE FIRST CITIZEN SHOULD BE LIABLE FOR THE MONEY AND PRINTING GOVERNANCE, IF MONEY PRINTED.IS MORE THAN GOLD, THE FIRSTCITIZEN
WOULD BE JAILED
RULE:-5
THE FIRST CITIZEN MUST PROMISE TO THE PERSON WHO HAS THAT IN CASE HE PAYS THE MONEY TO THE PAPER IF HE HAS THAT NOTE
,THE SAME IS PRINTED.ON OUR NOTES WITH A SIGNATORY NOTE OF RBI GOVERNOR
RULE:-6
THE BARRER, IF HE DOESN'T WANT THE PAPER MONEY, HE CAN EXCHANGE IT FOR GOLD
THE FIRST CITIZEN IS LIABLE TO TAKE THE NOTE AND GIVE/PAY THE VALUE OF NOTE IN GOLD
…………………………………………………………………
BY FOLLOWING THE ABOVE RULES WE CAN'T PRINT AS MUCH AS MONEY
HOPE HELPED!JAI HO YUVRAJ SINGH
A MEMBER COUNTRY OR ANY COUNTRY HAS TO FOLLOW THE RULES IN FINANCIAL MATTERS
RULE:-1
A COUNTRY CAN HAVE A SEPARATE CURRENCY NOTES WHICH HAS A SEPARATE EXCHANGE RATE FROM WORLD BANK
RULE :-2
THE FIRST CITIZEN IN OUR CASE PRESIDENT IS THE OWNER OF THE CURRENCY IN THE COUNTRY
RULE:-3
THE GOLD PROPERTY OF COUNTRY IS THE TOTAL
UNDER THIS THE MONEY WE PRINT SHOULD BE EQUAL TO OUR GOLD WEALTH
RULE:- 4
THE FIRST CITIZEN SHOULD BE LIABLE FOR THE MONEY AND PRINTING GOVERNANCE, IF MONEY PRINTED.IS MORE THAN GOLD, THE FIRSTCITIZEN
WOULD BE JAILED
RULE:-5
THE FIRST CITIZEN MUST PROMISE TO THE PERSON WHO HAS THAT IN CASE HE PAYS THE MONEY TO THE PAPER IF HE HAS THAT NOTE
,THE SAME IS PRINTED.ON OUR NOTES WITH A SIGNATORY NOTE OF RBI GOVERNOR
RULE:-6
THE BARRER, IF HE DOESN'T WANT THE PAPER MONEY, HE CAN EXCHANGE IT FOR GOLD
THE FIRST CITIZEN IS LIABLE TO TAKE THE NOTE AND GIVE/PAY THE VALUE OF NOTE IN GOLD
…………………………………………………………………
BY FOLLOWING THE ABOVE RULES WE CAN'T PRINT AS MUCH AS MONEY
HOPE HELPED!JAI HO YUVRAJ SINGH
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