Which of the following statements is true about the Indian monetary system? Question 5 options: The Indian monetary system is based on the gold standard The Indian monetary system is based on the credit money standard The Indian monetary system is based on the paper standard The Indian monetary system is based on the metallic standardWhich of the following statements represents the main function of the central bank in a country? Question 6 options: It is responsible for the regulation over the supply of money in the market It is responsible for the issuance of notes within the country It acts as a banker both to the government and to other banks in the country All of the above