Social Sciences, asked by babaibeta2007, 7 months ago

Prepare a note on the present monetary system
of our country

Answers

Answered by sanandaroy80sr

1

Answer:

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.

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