Social Sciences, asked by ni6k5itasetha, 1 year ago

what are the modern forms of money currency in india?why is it accepted as a medium of exchange?how is it executed?

Answers

Answered by ASWATHA
4
the modern forms of money are paper notes and currency
it is issued by the govt
it is supervised by rti
Answered by DarkenedSky
3

Modern currency is accepted as a medium of exchange because it is authorized by the central government of a country. 2. In India, RBI issues the currency notes and it is illegal for any other organization or individual to issue the currency.

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