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Rewrite the Following Sentences by Using Proper Substitute Given in the Bracket: __________ Has Monopoly to Issue the Currency Notes. - Economics

Rewrite the following sentences by using proper substitute given in the bracket: 

__________ has monopoly to issue the currency notes. 

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Solution

Central Bank has monopoly to issue the currency notes.
Explanation:
The central bank is the apex financial institution which has the sole authority to issue currency notes in a country. In India, RBI has the monopoly to issue currency notes.

Concept: Definition - Central Bank
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