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12th Class Economics Money And Banking Question Bank Case Based MCQs - Money and Banking

  • question_answer
    With the help of which of the following authorities, demonetisation was implemented?

    A) Commercial Banks

    B) State Government

    C) Central Bank

    D) All of these

    Correct Answer: C

    Solution :

    Central Bank or RBI in India is responsible for issue of currency in the country. So, without the support of RBI this cannot be implemented.


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