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What is currency Explain any three feature of modern Indian currency?
Wiki User
∙ 7y ago
A currency is a unit of exchange ,facilating the transfer of goods or services
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It is authorised by the government of the country.
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It's demand and supply can be controlled by the central bank of the country .
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In India, the law legalised the use of rupee as a medium of payment that cannot be refused in setting transactions in India .no indiviual can legally refuse a payment made in rupees.
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