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

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Question

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

One Line Answer

Solution

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

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Functions of a Central Bank
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Chapter 9: Central Banks - QUESTION BANK [Page 217]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 9 Central Banks
QUESTION BANK | Q 16. (a) | Page 217
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