Economy, asked by bajji6, 8 months ago

why is modern currency accepted as a medium of exchange without any use of its own?​

Answers

Answered by rranjan8481
8

Answer:

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.

Answered by DarkenedSky
39

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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