Finance, Forex and Investments

On what basis the currency notes are printed in India and other countries?

I am unable to understand from the 2 answers I am unable undestand the reasons from the below answers

Public Comments

1. The value of its Exports and Imports . Exports rules the value of the money . Need of Imports rules the value of the money . If one is larger than the other that is the ruling one . China Exports far more than it Imports so Exports is what rules . America Imports far far more than it Exports so Imports is what rules . If a country has neither then its currency value is very low like most African countries .
2. The basis of all fiat currency is that the note will be accepted by the government for payment of taxes. The value is determined by the number of citizens, the amount of resources the government controls, the projected productivity of the country, and the likelihood that government debts will be paid.