"the ruppee is widely excepted as a medium of exchange".explain. – InterviewSolution

1.	"the ruppee is widely excepted as a medium of exchange".explain.
Answer» The rupee is widely accepted everywhere in India because : 1. It is AUTHORISED by the GOVERNMENT of the COUNTRY. 2. In India, the law legalises the use of rupee as a medium of payment that cannot be refused in SETTLING transactions anywhere within country, and no individual can legally refuse a payment MADE in rupee.

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