मराठी

To ensure that the citizens of the country have faith in the currency, the currency is issued by:

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प्रश्न

To ensure that the citizens of the country have faith in the currency, the currency is issued by:

पर्याय

  • Commercial banks

  • Central government

  • Central bank

  • Ministry of finance

MCQ
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उत्तर

Central bank

Explanation:

  1. The currency issue is the responsibility of a country's central bank (in India, the Reserve Bank of India).
  2. The central bank guarantees that citizens have faith in the currency by maintaining its honesty and stability.
  3. The central bank's currency is government-backed, but the central bank is responsible for issuing it, not commercial banks or the Ministry of Finance.  
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पाठ 8: Commercial Banks - QUESTIONS [पृष्ठ २१६]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 8 Commercial Banks
QUESTIONS | Q 21. | पृष्ठ २१६

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