"Central bank directly prints currency i

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Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Money and Banking

Question:

"Central bank directly prints currency in the country."

Which of the following option is true in regards to the above statement?

Options:

The statement is true

The statement is false

The statement is partially true

Can't say anything about the statement

Correct Answer:

The statement is false

Explanation:

The central bank don't directly print the currency. It gets it printed by its subsidiary.