Write a short note on the institution which issues currency notes in India .
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heya ....
1. the institution which issues the currency notes in INDIA is RBI (Reserve Bank of India).
2. Reserve Bank of India is responsible for financial and economic stability in the country.
3. it heads the state banks and has a partnership with Indian monetary funds.
hope it helps!!
1. the institution which issues the currency notes in INDIA is RBI (Reserve Bank of India).
2. Reserve Bank of India is responsible for financial and economic stability in the country.
3. it heads the state banks and has a partnership with Indian monetary funds.
hope it helps!!
anoop18:
Thank you so much.
ur welcome!!
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Answer:
Indian rupee is the official currency of india. The issue of the curency is controlled by the reserve bank of india. The modern rupee is divided into 100 paise. Bank notes are avaliable in nominal values 5,10, 20, 50, 100, 500, 1000 rs. Rupee coins are available in denominations of 1, 2, 5, 10. The reserve bank manages currency in the country.
Explanation:
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