Why money is accepted as a medium of exchange ???
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2
Answer:
It is accepted as a medium of exchange because the currency is authorized by the Government of India. 2. In India, the Reserve bank of India issues currency notes on behalf of the Central Government of India. ... Therefore, the rupee is widely accepted as a medium of exchange.
Answered by
1
Answer:
It is accepted as a medium of exchange because the currency is authorized by the Government of India. 2. In India, the Reserve bank of India issues currency notes on behalf of the Central Government of India. ... Therefore, the rupee is widely accepted as a medium of exchange.
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