Social Sciences, asked by premchaurasia325, 3 months ago

why is a modern currency aspected as a medium of exchange without any its of its own​

Answers

Answered by srinivassriraman77
0

Answer:

because it is authorized by the government of that county

Answered by samiksha2714
1

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

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Samiksha2714

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