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Explain the bank issue function of …

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Explain the bank issue function of central bank?
  • 2 answers

Rajat Katkani 6 years, 8 months ago

The Reserve Bank that is RBI is the soul authority issuing notes in the economy RBI issues currency from rupees to and more no another Institute is empowered to issue note in the economy the financial ministry is responsible for printing one rupee notes and coins

K Uma Mahesh 6 years, 8 months ago

Central bank or RBI has de right nd authority of issue notes.dis is called Currency Authority func of RBI. De notes issued by de RBI r an unlimited legal tender
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