Economy, asked by parvati1527, 4 months ago

Write short note on currency notes in india

Please give the easiest answer do not copy the answer from Google to gain points

Answers

Answered by XxxRAJxxX

4

The Indian rupee (sign: ₹; currency code: INR) is the official currency of India. The rupee is subdivided into 100 paise (singular: paisa), though as of 2019, coins of denomination of 1 rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934.

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