Question

the rupee is widely accepted as a medium of exchange explain​

Answer 1

Answer⤵️

• In India, the Reserve Bank of India issues currency notes on behalf of the central government.
• As per Indian law, no other individual or organisation is allowed to issue currency.
• Moreover, the law legalises the use of rupee as a medium of payment that cannot be refused in settling transaction in India
• No individual in India can legally refuse a payment made in rupees. Hence,the rupee is widely accepted as a medium of exchange.

hope this helps!

brainliest plz!