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The Reserve Bank of India issues all currency notes except:
- a)500 Rupee note
- b)100 Rupee Note
- c)10 Rupee note
- d)1 Rupee note
Correct answer is option 'D'. Can you explain this answer?
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The Reserve Bank of India issues all currency notes except:a)500 Rupee...
D: 1 Rupee note
The Reserve Bank of India (RBI) is responsible for issuing and distributing currency notes in India. The RBI issues notes in denominations of 1, 2, 5, 10, 20, 50, 100, 500, and 2000 rupees. The RBI does not issue the 1 rupee note, which is issued by the Government of India through the Ministry of Finance.
The 1 rupee note is the only currency note in India that is not issued by the RBI. All other currency notes in India are issued by the RBI, which is the central bank of the country. The RBI is responsible for managing the country's monetary policy, including the issuance and circulation of currency notes.
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The Reserve Bank of India issues all currency notes except:a)500 Rupee...
D: 1 Rupee note
The Reserve Bank of India (RBI) is responsible for issuing and distributing currency notes in India. The RBI issues notes in denominations of 1, 2, 5, 10, 20, 50, 100, 500, and 2000 rupees. The RBI does not issue the 1 rupee note, which is issued by the Government of India through the Ministry of Finance.
The 1 rupee note is the only currency note in India that is not issued by the RBI. All other currency notes in India are issued by the RBI, which is the central bank of the country. The RBI is responsible for managing the country's monetary policy, including the issuance and circulation of currency notes.
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The Reserve Bank of India issues all currency notes except:a)500 Rupee noteb)100 Rupee Notec)10 Rupee noted)1 Rupee noteCorrect answer is option 'D'. Can you explain this answer?
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