Reserve Bank of India Issue Currency Notes

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Reserve Bank of India Issue Currency Notes

RBI Issue Currency Notes in India
Reserve Bank of India (RBI) has a sole right to issue currency notes in India. This right is guaranteed only to a particular entity (a person or organization) and nobody else. It is an unshared authority, an exclusive privilege, or a monopoly to do something without open competition. It is usually granted by a sovereign authority (e.g. parliament) to execute


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