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CBSE Class 10 Answered

The modern currency is of no use on its own.But it is widely used as the medium of exchange.Why?
Asked by hridhyavijay | 16 Sep, 2019, 09:54: PM
answered-by-expert Expert Answer
It is accepted as a medium of exchange because it is authorised by the government of the country. 
In India Rupee is accepted as a medium of exchange and the RBI issues the currency on behalf of the government 
Answered by Christina | 17 Sep, 2019, 09:19: AM

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