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Which institution in India issues currency notes ?
- a)State Bank of India
- b)Finance ministry
- c)Reserve Bank of India
- d)President of India
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which institution in India issues currency notes ?a)StateBank of India...
Reserve Bank of India
The Reserve Bank of India (RBI) is the institution in India responsible for issuing currency notes. Here is how the process works:
Monetary Authority
- The RBI is the central banking institution of India and acts as the country's monetary authority.
- As the monetary authority, the RBI has the sole right to issue currency notes in India.
Printing of Currency Notes
- The RBI has printing presses located in various parts of the country where currency notes are printed.
- The currency notes are printed according to the guidelines and requirements set by the RBI.
Distribution of Currency Notes
- Once the currency notes are printed, they are distributed to various banks across the country.
- The banks, in turn, distribute the currency notes to the public through their branches.
Regulation of Currency Circulation
- The RBI also regulates the circulation of currency in the country to maintain price stability and control inflation.
- It monitors and manages the supply of currency notes in the economy.
Security Features
- The currency notes issued by the RBI have various security features to prevent counterfeiting.
- These security features are constantly updated and improved to ensure the integrity of the currency.
In conclusion, the Reserve Bank of India is the institution responsible for issuing currency notes in India. It plays a crucial role in maintaining the stability of the country's currency and economy.
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Which institution in India issues currency notes ?a)StateBank of India...
Reserve Bank of India issues currency notes in India.
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Which institution in India issues currency notes ?a)StateBank of Indiab)Finance ministryc)Reserve Bank of Indiad)President of IndiaCorrect answer is option 'C'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Which institution in India issues currency notes ?a)StateBank of Indiab)Finance ministryc)Reserve Bank of Indiad)President of IndiaCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which institution in India issues currency notes ?a)StateBank of Indiab)Finance ministryc)Reserve Bank of Indiad)President of IndiaCorrect answer is option 'C'. Can you explain this answer?.
Which institution in India issues currency notes ?a)StateBank of Indiab)Finance ministryc)Reserve Bank of Indiad)President of IndiaCorrect answer is option 'C'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Which institution in India issues currency notes ?a)StateBank of Indiab)Finance ministryc)Reserve Bank of Indiad)President of IndiaCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which institution in India issues currency notes ?a)StateBank of Indiab)Finance ministryc)Reserve Bank of Indiad)President of IndiaCorrect answer is option 'C'. Can you explain this answer?.
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