What are the factors taken for ptintong of currency notes in india?
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the factor taken for ptintong of currency notes in India because people wear stealing much and much notes which is known as Black money to obtain the black money. our Prime Minister take it safe to use a black money and convert black money into white money
Answered by
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Heya...
See here for your answer....
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In India there is paper standard system of currency....It means that in India paper notes are in unlimited tender means more in compare to the coins as limited tender....
Factors of note printing are...
" Minimum reserved ratio...
It is the ratio of gold with RBI as about this ratio RBI can print the notes for our economy...
No more no less,, it is fixed according to the our gold reserves covering overall foreign reserves...
-- Be Brainly...
See here for your answer....
=========
In India there is paper standard system of currency....It means that in India paper notes are in unlimited tender means more in compare to the coins as limited tender....
Factors of note printing are...
" Minimum reserved ratio...
It is the ratio of gold with RBI as about this ratio RBI can print the notes for our economy...
No more no less,, it is fixed according to the our gold reserves covering overall foreign reserves...
-- Be Brainly...
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