what happens if RBI prints too much currency to eradicate poverty?
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If RBI paper currency recklessly to remove poverty , then it will be difficult to maintain equilibrium and ultimately the value of Indian currency that is rupees will fall down .
hope it helps
Anonymous:
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Answered by
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WHEN RBI PRINTS TOO MANY CURRENCY THAN IT LEADS TO EXPLOITATION OF THE ECONOMY OF THE COUNTRY AND WHICH AFFECT THE GDP AND ECONOMIC GROWTH OF INDIA....
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