Who issues currency notes in India?

(A) Reserve Bank of India

(B) State Bank of India

(C) Ministry of Finance

(D) Government of India

 

Answer:

-lock-

So the correct answer is (A) - Reserve Bank of India.

Explanation

In India, only the RBI issues currency , ‘Rupee’ on behalf of the central government. Therefore no other organisation is allowed to issue currency notes.

-endlock-

Remove Ads
Davneet Singh's photo - Co-founder, Teachoo

Made by

Davneet Singh

Davneet Singh is an IIT Kanpur graduate and has been teaching for 16+ years. At Teachoo, he breaks down Maths, Science and Computer Science into simple steps so students understand concepts deeply and score with confidence.

Many students prefer Teachoo Black for a smooth, ad-free learning experience.