The full responsibility of paper money vests with ______. Fill in the blank.
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Reserve Bank of India
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The full responsibility of paper currency vests with the Reserve Bank of India.
This institution deals with all the aspects of money in the country.
Government, after taking necessary advice from the Reserve Bank takes decisions which will affect the monetary situation in the country.
The Central Bank verifies the authenticity of the currency and only if it deems fit, re-issues it for circulation.
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