following words are written on the top of a Rs. 10 note Reserve Bank of India
Guaranteed by the Central Government I promise to pay the bearer the sum
of Ten Rupees Governor
A Rs. 10 note is acceptable as a medium of exchange
because this is authorised by the government of the country. In India, the
Reserve Bank of India issues currency notes on behalf of the Central
Government. As per Indian law, no other individual or organisation is allowed
to issue currency.
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