The main advantage of giving the monopoly right of note issue to the central bank is that it ______.

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All of the above Explanation: Following are the main reasons for giving the monopoly right of note-issue to the central bank. 1. It brings about uniformity in note circulation. 2. It is easier to control money supply when there is a single agency of note issue. 3. It keeps the public faith in the paper currency. 4. It helps in the stabilisation of the internal and external value of the currency.

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