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The rupee is widely accepted as …

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The rupee is widely accepted as the medium of exchange. Explain

    • Posted by Pranav Singh 1 year, 9 months ago

    CBSE > Class 10 > Social Science
    • 4 answers

    Poorna Sindu 1 year, 9 months ago

    Rupee is issued and authorised by the government. So it is widely accepted as a medium of exchange

    0Thank You

    Krati Jain 1 year, 9 months ago

    Rupee is widely accepted as the medium of exchange because it is issued by the RBI that is reserve. Bank of India has the authority to issue the currency of India, and no one denies having rupees as for buying and selling goods in rupees

    1Thank You

    Dharsini J 1 year, 9 months ago

    Accepted*

    0Thank You

    Dharsini J 1 year, 9 months ago

    Because it is actually by the RBI instead of the government

    0Thank You

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