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Which of the following is issued by the Reserve Bank of India?

  1. A
    All currency notes
  2. B
    All currency notes except one-rupee note
  3. C
    All currency notes except hundred-rupee note
  4. D
    Only 10-rupee notes

Solution & Step-by-step Explanation

Under Section 22 of the RBI Act, the Reserve Bank of India has the sole right to issue currency notes of all denominations except the one-rupee note and coins, which are issued by the Ministry of Finance, Government of India.

Practice this question

Try it yourself before checking the explanation above.

Which of the following is issued by the Reserve Bank of India?
A
All currency notes
B
All currency notes except one-rupee note
C
All currency notes except hundred-rupee note
D
Only 10-rupee notes

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CurrencyRBIIndian Currency System

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