why did Charlie exchange is modern currency with the world currency
Answers
Answered by
1
Answer:lol
Explanation:lol
Answered by
0
Answer:
Modern currency is accepted as a medium of exchange without any use of its own because:
1) Modern currency is authorized by the government of a country.
2) In India, the Reserve Bank of India issues all currency notes on behalf of central Government.
3) No other individual or organization is allowed to issue currency.
4) The law legalises the use of rupee as a medium of payment that cannot be refused in settling transactions in India.
5) No individual in India can legally refuse a payment made in Rupees.
Follow me
Mark me as brainlist
Hope it is helpful.......
Similar questions