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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.
What else can I help you with?
What is the modern name of Indian seaport madras?
Channi
What is the Impact of modern education on Indian culture.?
There is no impact.
Ancient Indian food?
Indian food has a deep history and there are a variety of ancient Indian foods.. I always refer this site to people who are in need of traditional and modern Indian foods. www.mummymakesityummy.com
Who is the person in India known as the father of modern Indian retail trade?
kishore biyani
The modern Indian who used nonviolent means to help lead India to independence in 1947 was?
Mahatma Ghandi
Why is Mohandas Gandhi on the Indian currency?
Mahatma Gandhi on the Indian currency as a tribute for him as the great leader of modern india
What is the key feature of the modern corporation?
Limited-Liability is a key feature of the modern corporation.
What is a 5 bill worth with an Indian head on it?
A $5 bill featuring an Indian Head design typically refers to the Indian Head gold $5 coin, minted from 1908 to 1929. The coin's value is primarily based on its gold content and collectible demand, often ranging from several hundred to over a thousand dollars, depending on its condition and rarity. If you meant a paper currency bill, the Indian Head design is not used on modern $5 bills, which feature different designs. Always consult a numismatic expert for precise valuation.
Is modern cinema a boon to Indian society?
Modern cinema is a boon to Indian society?
How is modern Indian literature realistic?
Modern Indian literature often depicts what it is really like to live as the average Indian in India.
How Much is a modern Chinese coin worth?
It is worth a modern value in Chinese currency.
Which of these is a denomination of modern US currency?
100
What was ancient greek currency used for?
Same things modern currency is used for. Exchange of goods and services.
Describe and explain modern banking system?
modern banking
What is the modern name of the office of Indian affairs?
Bureau of Indian Affairs
Do modern printers feature bluetooth connectivity?
true
How much is 120 talents of gold in modern currency?
300,000,000
