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Name the institution which enjoys the monopoly of note issue - Economics

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Name the institution which enjoys the monopoly of note issue

Name the institution that enjoys the monopoly of note issue in India.

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Solution 1

The central bank enjoys the monopoly of note issue.

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Solution 2

The Reserve Bank of India enjoys the monopoly of note issue in India.

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Chapter 8: Central Bank - QUESTION BANK [Page 160]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 8 Central Bank
QUESTION BANK | Q 13. (a) | Page 160
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 8 Central Bank
Exercise | Q 10. (a) | Page 158
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