InterviewSolution
Saved Bookmarks
| 1. |
Why is modern currency is accepted as medium of exchange without any use of its own? |
|
Answer» Join betternation.xyz This is a site where u can have a lot of friends and fun ? ? ? Modern currency is accepted as a medium of exchange:1. 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.3. The rupee cannot be refused legally as a medium of payment in India. |
|