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Which institution is responsible for the issuance of currency notes in India?
  • a)
    The Reserve Bank of India
  • b)
    Commercial Banks
  • c)
    The Ministry of Finance
  • d)
    The Securities and Exchange Board of India
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which institution is responsible for the issuance of currency notes in...
The Reserve Bank of India has the exclusive right to issue currency notes, a fundamental function that supports its role in regulating the money supply.
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